FV

First Trust Dorsey Wright Focus 5 ETF
B

35
*Unless otherwise stated, data provided by FactSet.

FV Fund Description

The First Trust Dorsey Wright Focus 5 ETF tracks an index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum and weights the constituent ETFs equally.

FV Factset Analytics Insight

Hugely popular FV uses a 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 stable of about 25 broad US sector funds and narrower global niche plays. The 5 ETFs in FV are equal weighted, and 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 midcaps. In short, FV looks nothing like a plain-vanilla global ETF like VT or ACWI, but that's not its aim.FV charges a steep fee. Still, it has a huge asset base and trades well, rounding out the picture of accessible, truly alternative exposure to global equities.

FV CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/20/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FV 2.13% 1.67% 13.81% 21.85% 10.20% -- --
FV (NAV) 2.27% 1.73% 13.88% 21.92% 10.25% -- --
Dorsey Wright Focus Five Index -- -- -- -- -- -- --
MSCI ACWI + Frontier Markets IMI Index 2.19% 2.70% 4.03% 9.95% 12.35% 8.52% 7.60%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FV Top 10 Countries

FV Top 10 Sectors

FV Top 10 Holdings

FV Summary Data

First Trust
03/06/14
Open-Ended Fund
0.89%
$2.87B
$5.94M
0.15%

FV Portfolio Data

$109.57B
25.00
3.23
0.52%
09/14/18
251

FV Index Data

Tiered
Multi-Factor
MSCI ACWI + Frontier Markets IMI Index

FV Portfolio Management

0.89%
-0.37%
-0.36%
-0.38%

FV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FV Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FV Factset Analytics Block Liquidity

As of 09/21/18
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

192,398
$5.94M
169,681
$5.19M
0.15%
$0.05
-0.02%
0.20% / -0.15%
None
100.00%
50,000
3.39
0.03%
4.62%
49
$31.35
2

FV Sector/Industry Breakdown


FV
Segment Benchmark
55.09%
18.03%
20.19%
20.57%
15.86%
11.57%
4.78%
11.90%
1.12%
2.64%
1.01%
10.75%

FV Countries


FV
Segment Benchmark
98.42%
53.72%
1.03%
0.84%
0.55%
1.13%
--
0.23%
--
0.29%
--
0.28%
--
0.37%
--
0.11%
--
0.74%
--
7.95%

FV Regions


FV
Segment Benchmark
98.42%
56.82%
1.03%
20.11%
0.55%
20.54%
--
1.29%
--
1.25%

FV Economic Development


FV
Segment Benchmark
98.97%
94.10%
1.03%
5.90%

FV Performance Statistics

0.67
1.33
1.52
1.46
0.61%
MSCI ACWI + Frontier Markets IMI Index

FV BENCHMARK COMPARISON HOLDINGS

251
9095
241
16.09%

FV BENCHMARK COMPARISON SUMMARY


FV
Segment Benchmark
251
9095
$109.57B
$128.98B
25.00
19.44
3.23
2.26
1.04%
2.25%
--
--

FV BENCHMARK COMPARISON MARKET CAP SIZE


FV
Segment Benchmark
62.32%
73.76%
34.62%
19.15%
3.06%
6.33%
0.00%
0.75%