DALIFirst Trust Dorsey Wright DALI 1 ETF
DALI Fund Description
DALI tracks an index that uses momentum indicators to rotate between asset classes. 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 one 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 MSCI ESG Analytics Insight
First Trust Dorsey Wright DALI 1 ETF has an MSCI ESG Fund Rating of A based on a score of 5.76 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Dorsey Wright DALI 1 ETF ranks in the 44th percentile within its peer group and in the 47th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
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.