FV
First Trust Dorsey Wright Focus 5 ETFFV Fund Description
FV 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 MSCI ESG Analytics Insight
First Trust Dorsey Wright Focus 5 ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.66 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 Focus 5 ETF ranks in the 42nd percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FV Charts And Performance
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FV Summary Data
FV Portfolio Data
FV Index Data
FV Portfolio Management
FV Tax Exposures
FV Fund Structure
FV Factset Analytics Block Liquidity
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
FV Sector/Industry Breakdown
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FV Top 10 Holdings
FV Countries
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FV Performance Statistics
FV MSCI ESG Ratings
FV Benchmark Comparison Summary
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FV Benchmark Comparison Market Cap Size
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Terms of Use
MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.