DVOLFirst Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL Fund Description
DVOL tracks an index of 50 large- and midcap, low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility.
DVOL Factset Analytics Insight
DVOL combines two technical strategies: momentum and low volatility. 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, DVOL selects the 50 securities with the lowest trailing 1-year volatility. Holdings are weighted by the inverse of volatility, such that low-vol holdings get more weight. DVOL is rebalanced quarterly.
DVOL MSCI ESG Analytics Insight
First Trust Dorsey Wright Momentum & Low Volatility ETF has an MSCI ESG Fund Rating of AA based on a score of 7.43 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 & Low Volatility ETF ranks in the 60th percentile within its peer group and in the 43th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
DVOL 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.
DVOL Summary Data
DVOL Portfolio Data
DVOL Index Data
DVOL Portfolio Management
DVOL Tax Exposures
DVOL Fund Structure
DVOL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DVOL. DVOL is rated a 5 out of 5.
DVOL Top 10 Holdings[View All]
DVOL Economic Development
DVOL Performance Statistics
DVOL MSCI ESG Ratings
DVOL Benchmark Comparison Summary
DVOL Benchmark Comparison Market Cap Size