DALI

First Trust Dorsey Wright DALI 1 ETF
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*Unless otherwise stated, data provided by FactSet.

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 period—DALI 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 Wright’s relative strength methodology or First Trust’s 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

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/17/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DALI 1.89% 1.49% -- -- -- -- --
DALI (NAV) 1.96% 1.38% -- -- -- -- --
NASDAQ Dorsey Wright DALI 1 Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DALI Summary Data

First Trust
05/14/18
Open-Ended Fund
0.92%
$47.97M
0.08%

DALI Portfolio Data

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09/14/18

DALI Index Data

NASDAQ Dorsey Wright DALI 1 Index
Momentum
Momentum
N/A

DALI Fund Structure

No
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100% / 0%
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N/A
Low
N/A
N/A

DALI Tax Exposures

20.00% / 39.60%
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No
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

DALI Factset Analytics Block Liquidity

As of 09/18/18
5
4
3
2
1

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.

DALI Tradability

18,555
$399.67K
9,423
$196.19K
0.08%
$0.02
0.06%
0.41% / -0.38%
None
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50,000
0.19
0.02%
3.64%
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$21.01
N/A