DDIVFirst Trust Dorsey Wright Momentum & Dividend ETF
DDIV Fund Description
DDIV tracks an index of 50 large- and midcap, high-yield stocks exhibiting relative strength. Holdings are weighted by dividend yield.
DDIV Factset Analytics Insight
DDIV combines two strategies: momentum and dividends. The index initially whittles down its large- and midcap universe by conducting a relative strength analysis. A point and figure chart is created for each security, comparing the stock’s daily performance to that of the broader universe. Each stock is classified as a “buy” or a “sell” using this method, and the sells are filtered out. From this short list, DDIV selects the 50 securities with the highest current dividend yields. Holdings are also weighted by dividend yield. DDIV is rebalanced quarterly. DDIV previously traded under the ticker QINC and tracked an index of high-yield stocks with strong fundamental characteristics. The fund changed its name, index, and ticker on September 5, 2018.
DDIV MSCI ESG Analytics Insight
First Trust Dorsey Wright Momentum & Dividend ETF has an MSCI ESG Fund Rating of A based on a score of 6.83 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 Momentum & Dividend ETF ranks in the 73th percentile within its peer group and in the 69th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
DDIV MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
DDIV Summary Data
DDIV Portfolio Data
DDIV Index Data
DDIV Portfolio Management
DDIV Tax Exposures
DDIV Fund Structure
DDIV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DDIV. DDIV is rated a 5 out of 5.
DDIV Sector/Industry Breakdown
DDIV Top 10 Holdings[View All]
DDIV Economic Development
DDIV Performance Statistics
DDIV MSCI ESG Ratings
DDIV Benchmark Comparison Summary
DDIV Benchmark Comparison Market Cap Size