DALIFirst Trust Dorsey Wright DALI 1 ETF
DALI Fund Description
DALI tracks an index that uses momentum indicators to rotate between US equity, international equity, fixed income, and commodities. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure.
DALI Factset Analytics Insight
DALI uses a fund-of-funds structure to cycle through four different asset classes (US equity, international equity, commodities, and fixed income) based upon the momentum of the components. The asset classes are evaluated twice monthly using point-and-figure charting, and the class with the greatest relative strength becomes the focus for that rebalance periodDALI only offers exposure to a single asset class at a time. The equity and fixed income classes are represented by a mix of First Trust ETFs using either Dorsey Wrights relative strength methodology or First Trusts AlphaDEX methodology. The commodities asset class is represented by a single actively managed commodities fund. Given the frequent rebalances and all-or-nothing methodology, investors should be prepared for drastic swings in exposure.
DALI CHARTS AND PERFORMANCE
DALI Summary Data
DALI Portfolio Data
DALI Index Data
DALI Fund Structure
DALI Tax Exposures
DALI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DALI. DALI is rated a N/A out of 5.
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.