First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

Assets	$86.45M
Expense Ratio	0.60%
PE Ratio	23.62
Shares Out	2.50M
Dividend (ttm)	$0.31
Dividend Yield	0.87%
Ex-Dividend Date	Sep 25, 2025
Payout Frequency	Quarterly
Payout Ratio	20.66%

Volume	260,121
Open	35.18
Previous Close	35.16
Day's Range	35.15 - 35.32
52-Week Low	31.30
52-Week High	36.62
Beta	0.81
Holdings	51
Inception Date	Sep 5, 2018

About DVOL

Fund Home Page

The First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is an exchange-traded fund that is based on the Dorsey Wright Momentum Plus Low Vol index. The fund tracks an index of 50 large- and mid-cap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility. DVOL was launched on Sep 5, 2018 and is issued by First Trust.

• Asset Class: Equity
• Category: Large Blend
• Stock Exchange: NASDAQ
• Ticker Symbol: DVOL
• ETF Provider: First Trust
• Index Tracked: Dorsey Wright Momentum Plus Low Vol Index

Top 10 Holdings

29.35% of assets

Name	Symbol	Weight
Welltower Inc.	WELL	3.33%
Cboe Global Markets, Inc.	CBOE	3.19%
The Bank of New York Mellon Corporation	BK	2.92%
AECOM	ACM	2.90%
Mastercard Incorporated	MA	2.88%
Visa Inc.	V	2.87%
Hilton Worldwide Holdings Inc.	HLT	2.86%
Walmart Inc.	WMT	2.82%
US Foods Holding Corp.	USFD	2.80%
RTX Corporation	RTX	2.78%

Dividends

Ex-Dividend	Amount	Pay Date
Sep 25, 2025	$0.0529	Sep 30, 2025
Jun 26, 2025	$0.0604	Jun 30, 2025
Mar 27, 2025	$0.0869	Mar 31, 2025
Dec 13, 2024	$0.1082	Dec 31, 2024
Sep 26, 2024	$0.023	Sep 30, 2024
Jun 27, 2024	$0.0435	Jun 28, 2024

Performance

DVOL had a total return of -0.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.27%.