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

Assets	$66.45M
Expense Ratio	0.60%
PE Ratio	22.55
Shares Out	1.95M
Dividend (ttm)	$0.30
Dividend Yield	0.88%
Ex-Dividend Date	Dec 12, 2025
Payout Frequency	Quarterly
Payout Ratio	19.92%

Volume	3,862
Open	34.72
Previous Close	34.07
Day's Range	34.66 - 34.75
52-Week Low	31.30
52-Week High	37.50
Beta	0.80
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

31.61% of assets

Name	Symbol	Weight
Entergy Corporation	ETR	3.66%
Welltower Inc.	WELL	3.60%
McKesson Corporation	MCK	3.37%
The Ensign Group, Inc.	ENSG	3.15%
Ross Stores, Inc.	ROST	3.15%
Cencora, Inc.	COR	3.08%
Walmart Inc.	WMT	3.06%
RTX Corporation	RTX	2.85%
The Bank of New York Mellon Corporation	BK	2.85%
Northrop Grumman Corporation	NOC	2.83%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 12, 2025	$0.1008	Dec 31, 2025
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

Performance

DVOL had a total return of -2.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.38%.