FV

First Trust Dorsey Wright Focus 5 ETF
*Unless otherwise stated, data provided by FactSet.

FV Fund Description

FV tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum.

FV Factset Analytics Insight

FV uses the 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 entire stable of broad US sector funds and narrower global niche plays. The 5 ETFs are selected based on relative price momentum. The selected funds are then weighted equally in the portfolio. Note that 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 mid-caps. In short, FV looks nothing like a typical plain-vanilla global ETF. Still, the fund rounds out the picture of an accessible alternative exposure to global equities. The index is evaluated on a bi-monthly basis.

PERFORMANCE [as of 06/30/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FV -14.65% -12.72% -15.27% -11.97% 11.30% 11.25% --
FV (NAV) -14.52% -12.84% -15.29% -11.93% 11.38% 11.25% --
Dorsey Wright Focus Five Index -14.51% -12.77% -15.12% -11.58% 11.67% 11.57% --
MSCI ACWI + Frontier Markets IMI Index -8.62% -15.83% -20.43% -16.52% 5.95% 6.69% 8.71%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FV Summary Data

First Trust
03/06/14
Open-Ended Fund
0.87%
$2.57B
$11.07M
0.10%

FV Portfolio Data

$42.85B
13.78
2.68
0.74%
N/A
255

FV Index Data

Tiered
Multi-Factor
MSCI ACWI + Frontier Markets IMI Index

FV Portfolio Management

0.87%
-0.42%
-0.35%
-0.52%

FV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FV Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

FV Factset Analytics Block Liquidity

As of 07/01/22
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

243,736
$11.07M
184,784
$9.00M
0.10%
$0.05
0.03%
0.24% / -1.12%
None
100.00%
50,000
3.70
0.01%
6.72%
135
$41.43
2

FV Sector/Industry Breakdown


FV
Segment Benchmark
99.86%
--
0.14%
--

FV Countries


FV
Segment Benchmark
100.00%
60.21%
--
0.25%
--
0.59%
--
0.02%
--
0.09%
--
0.00%
--
0.00%
--
0.04%
--
0.01%
--
0.46%

FV Regions


FV
Segment Benchmark
100.00%
63.47%
--
1.66%
--
0.94%
--
18.00%
--
15.93%

FV Economic Development


FV
Segment Benchmark
100.00%
94.47%
--
5.53%

FV Performance Statistics

0.72
1.16
1.02
1.24
0.81%
MSCI ACWI + Frontier Markets IMI Index

FV Benchmark Comparison Holdings

255
9358
250
9.36%

FV Benchmark Comparison Summary


FV
Segment Benchmark
255
9358
$42.85B
$314.09B
13.78
17.53
2.68
2.55
1.81%
1.99%
Low
Low

FV Benchmark Comparison Market Cap Size


FV
Segment Benchmark
68.96%
80.12%
28.97%
14.32%
1.94%
5.04%
0.12%
0.52%