FV

First Trust Dorsey Wright Focus 5 ETF
C

41
  • Overview
  • Efficiency
  • Tradability
  • Fit

FV Fund Description

The First Trust Dorsey Wright Focus 5 ETF tracks an index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum and weights the constituent ETFs equally.

FV Factset Analytics Insight

Hugely popular FV uses a Dorsey Wright relative strength model to make big bets on US sectors and global themes. The fund holds just 5 ETFs—all from First Trust—chosen from the issuer's stable of about 25 broad US sector funds and narrower global niche plays. The 5 ETFs in FV are equal weighted, and while the underlying index measures relative strength weekly, an ETF won't drop out until it falls below the median level of relative strength in FV's small universe. This buffer is meant to reduce turnover. The underlying ETFs often use multi-factor exposure rather than cap-weighting, typically overweighting midcaps. In short, FV looks nothing like a plain-vanilla global ETF like VT or ACWI, but that's not its aim.

FV charges a steep fee. Still, it has a huge asset base and trades well, rounding out the picture of accessible, truly alternative exposure to global equities.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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FV Top 10 Countries View All

FV Top 10 Sectors

FV Top 10 Holdings

FV Summary Data

First Trust
03/06/14
Open-Ended Fund
0.89%
$2.46B
$5.97M
0.10%

FV Portfolio Data

$90.97B
16.02
2.54
0.71%
12/21/17
226

FV Index Data

Tiered
Multi-Factor
MSCI All Country World Investable Markets + Frontier

Related ETFs to FV

FFTY, SYLD, QINC, ACWF, FLQG
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

FV Portfolio Management

0.89%
-0.40%
-0.36%
-0.89%

FV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FV Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
15:59:3027.43401
10:30:5127.46100
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Bats BZX Real-time Quote - 17:26:12
Daily Spread
Premium/Discount
Volume

FV Factset Analytics Block Liquidity

As of 12/12/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FV. FV is rated a 2 out of 5.

FV Tradability

221,222
$5.97M
205,653
$5.57M
0.10%
$0.03
-0.06%
0.10% / -0.28%
None
100.00%
50,000
4.11
0.04%
6.27%
118
$27.46
2

FV Sector/Industry BreakdownView All

FVSegment Benchmark
17.32% 38.08%
21.73% 20.62%
11.97% 17.18%
3.02% 14.03%
12.16% 3.62%
10.24% 1.25%
5.37% 0.31%

FV Geographic Exposure

FVSegment Benchmark
51.80% 98.76%
0.70% 1.24%
3.17% --
0.15% --
0.02% --
0.28% --
0.00% --
0.35% --

FVSegment Benchmark
54.97% 98.76%
20.80% 1.24%
1.41% --
21.65% --
94.10% / 5.90% 98.76% / 1.24%

FV Performance Statistics

0.62
1.26
1.20
1.58
0.39%
MSCI All Country World Investable Markets + Frontier

FV BENCHMARK COMPARISON

    FV
    226 Holdings
    Segment Benchmark
    8806 Constituents
    Shared Holdings
    219 (Count)
     
    15.90% (Weight)
FVSegment Benchmark
110.55 B 90.97 B
73.00% 64.13%
19.64% 32.57%
6.55% 3.30%
0.81% 0.00%
2.21% 1.52%