First Trust Dorsey Wright DALI Equity ETF
ETF
DALI
Price as of:
$31.29
+ $0.14
+ 0.44%
Primary Theme
fund company
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
8.9%
1 yr return
23.5%
3 Yr Avg Return
8.2%
5 Yr Avg Return
5.7%
Net Assets
$114 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
$31.2
$25.35
$31.40
Expenses
OPERATING FEES
Expense Ratio 0.91%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
DALI - Profile
Distributions
- YTD Total Return 8.9%
- 3 Yr Annualized Total Return 8.2%
- 5 Yr Annualized Total Return 5.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.14%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust Dorsey Wright DALI Equity ETF
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateMay 14, 2018
-
Shares Outstanding5650002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Lindquist
Fund Description
span style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is owned and was developed by Nasdaq, Inc. (the /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-style:italic;"“Index Provider”/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"). The Index Provider /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"may, from time to time, exercise reasonable discretion as it deems appropriate in order to ensure Index integrity. The Index consists exclusively of U.S.-listed exchange-traded funds (/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-style:italic;"“ETFs”/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;") and other exchange-traded products. Certain ETFs in which the Fund invests may be advised by First Trust Advisors L.P., the Fund’s investment advisor. /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"The Index is a rules-based, quantitatively enabled index designed to capture the long-term trends of both the market and strong asset classes when the overall environment is bullish. The Index allocates to the holdings of the highest-ranked "Sleeve Index," based on the Nasdaq Dorsey Wright Dynamic Asset Level Investing tool (/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-style:italic;"“D.A.L.I. tool”/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"). The "Sleeve Indexes" are /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"rules-based, quantitatively enabled indexes designed to be the representative asset class sleeves (U.S. equity and international equity) for the Index. The "Sleeve Indexes" are further separated into core and tactical portfolios and are composed of liquid /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"exchange-traded funds (/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-style:italic;""ETFs"/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;") and other exchange-traded products to gain diversified, risk-managed exposure. The parameters specific to the construction and calculation of the "Sleeve Indexes" is set forth below. /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-weight:bold;"U.S. Equity: Nasdaq Dorsey Wright DALI Domestic Equity/spanspan style="color:#000000;font-family:Arial;font-size:6.5pt;font-weight:bold;position:relative;top:-2.75pt;"TM/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-weight:bold;" Index /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"●/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"35% to core holdings: /spanspan style="color:#000000;font-family:Arial;font-size:7.20pt;"○/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"First Trust Large Cap Growth AlphaDEX /spanspan style="color:#000000;font-family:Arial;font-size:7.20pt;"○/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"First Trust Small Cap Growth AlphaDEX /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"●/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"65% to tactical holdings: /spanspan style="color:#000000;font-family:Arial;font-size:7.20pt;"○/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"Holdings of the Dorsey Wright Focus Five/spanspan style="color:#000000;font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"TM/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;" Index /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"●/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"Both core and tactical holdings are equally weighted within their respective categories. /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-weight:bold;"International Equity: Nasdaq Dorsey Wright DALI International Equity/spanspan style="color:#000000;font-family:Arial;font-size:6.5pt;font-weight:bold;position:relative;top:-2.75pt;"TM/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-weight:bold;" Index /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"●/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"35% to core holdings: /spanspan style="color:#000000;font-family:Arial;font-size:7.20pt;"○/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"First Trust Developed Markets ex-US AlphaDEX /spanspan style="color:#000000;font-family:Arial;font-size:7.20pt;"○/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"First Trust Emerging Markets AlphaDEX /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"●/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"65% to tactical holdings: /spanspan style="color:#000000;font-family:Arial;font-size:7.20pt;"○/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"Holdings of the Dorsey Wright International Focus Five/spanspan style="color:#000000;font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"TM/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;" Index /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"●/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"Both core and tactical holdings are equally weighted within their respective categories. /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"The Index selects the top "Sleeve Index" to track semi-monthly, except in December, when it does so monthly. The Index uses the D.A.L.I. tool to determine the top-ranked asset class amongst US equity and international equity. The holdings of the "Sleeve Index" corresponding to this highest-ranked asset class are then chosen for Index inclusion. However, if international equity is moving in or out of the top ranked asset class, then the Index reconstitution will skip the first trading day following the second Friday in January, April, July and October. Additionally, the Index reconstitution will skip the 4/spanspan style="color:#000000;font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"th/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;" Friday in March, June /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"and September if international equity is moving in or out of the top ranked asset class and the First Trust Nifty Fifty Equal Weight ETF (/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-style:italic;"NFTY/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;") is a constituent of the international equity "Sleeve Index." During skipped reconstitutions, the Index will /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"not change its holdings to a different asset class (/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-style:italic;"i.e.,/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;" the holdings of a different /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-style:italic;""Sleeve Index"/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"). However, it will update its /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"holdings as usual to mirror those of the selected "Sleeve Index" rotated to from the previous reconstitution. The Index may reconstitute its holdings more frequently, in accordance with the reconstitution schedule of the selected "Sleeve Index", in order to match any composition changes to the selected "Sleeve Index" so that the holdings of Index and the selected "Sleeve Index" are aligned at all times. The "Sleeve Indexes" are modified equal weighted and are reset to their target weight allocations at each quarterly rebalance in January, April, July and October. The Index follows the rebalance schedule of its selected "Sleeve /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"Index." /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"Each ETF that is currently eligible for inclusion in the Index is set forth on Appendix A. The ETFs eligible for inclusion in the Index are advised by First Trust Advisors L.P., the investment advisor to the Fund. The list of ETFs eligible for inclusion in the /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"Index may change from time to time pursuant to the methodology of the Index. /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"The Index is rebalanced quarterly and reconstituted periodically and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance and periodic reconstitution schedule may cause the Fund to experience a higher rate of portfolio turnover. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector. The Fund may invest in depositary receipts, U.S. dollar denominated securities and non-U.S. dollar denominated /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"securities. /spanspan style="font-family:Arial;font-size:9.00pt;margin-left:0%;"As of March 31, 2026, the Index was allocated to the International Equity Sleeve Index and was composed of the First Trust /spanspan style="font-family:Arial;font-size:9.00pt;"Eurozone AlphaDEX/spanspan style="font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"®/spanspan style="font-family:Arial;font-size:9.00pt;line-height:9.84pt;" /spanspan style="font-family:Arial;font-size:9.00pt;"ETF, First Trust China AlphaDEX/spanspan style="font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"®/spanspan style="font-family:Arial;font-size:9.00pt;" Fund, First Trust Developed/spanspan style="font-family:Arial;font-size:9.00pt;line-height:9.84pt;" /spanspan style="font-family:Arial;font-size:9.00pt;"Markets ex-US AlphaDEX/spanspan style="font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"®/spanspan style="font-family:Arial;font-size:9.00pt;" Fund, First /spanspan style="font-family:Arial;font-size:9.00pt;margin-left:0%;"Trust /spanspan style="font-family:Arial;font-size:9.00pt;"Emerging Markets AlphaDEX/spanspan style="font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"®/spanspan style="font-family:Arial;font-size:9.00pt;" Fund, First Trust Europe AlphaDEX/spanspan style="font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"®/spanspan style="font-family:Arial;font-size:9.00pt;line-height:9.84pt;" /spanspan style="font-family:Arial;font-size:9.00pt;"Fund, First Trust Germany AlphaDEX/spanspan style="font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"®/spanspan style="font-family:Arial;font-size:9.00pt;" Fund and First Trust United Kingdom AlphaDEX/spanspan style="font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"®/spanspan style="font-family:Arial;font-size:9.00pt;" Fund./span
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DALI - Performance
Return Ranking - Trailing
| Period | DALI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.9% | -2.6% | 54.7% | 36.32% |
| 1 Yr | 23.5% | -0.9% | 87.4% | 29.85% |
| 3 Yr | 8.2%* | 2.6% | 36.0% | 90.00% |
| 5 Yr | 5.7%* | -2.9% | 15.9% | 36.50% |
| 10 Yr | N/A* | 1.4% | 18.0% | 44.37% |
* Annualized
Return Ranking - Calendar
| Period | DALI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 11.4% | -33.9% | 25.2% | 20.40% |
| 2024 | 19.7% | -9.5% | 25.7% | 2.49% |
| 2023 | -11.2% | -18.9% | 60.2% | 98.50% |
| 2022 | -8.6% | -48.5% | 0.1% | 10.50% |
| 2021 | 22.1% | -19.0% | 48.3% | 5.00% |
Total Return Ranking - Trailing
| Period | DALI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.9% | -2.6% | 54.7% | 36.32% |
| 1 Yr | 23.5% | -0.9% | 87.4% | 29.85% |
| 3 Yr | 8.2%* | 2.6% | 36.0% | 90.00% |
| 5 Yr | 5.7%* | -2.9% | 15.9% | 36.50% |
| 10 Yr | N/A* | 1.4% | 18.0% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | DALI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 11.9% | -3.0% | 37.6% | 66.67% |
| 2024 | 19.9% | -0.9% | 29.9% | 5.97% |
| 2023 | -8.5% | -8.5% | 61.8% | 100.00% |
| 2022 | -8.1% | -46.5% | 4.6% | 19.50% |
| 2021 | 22.3% | -9.4% | 48.3% | 6.50% |
DALI - Holdings
Concentration Analysis
| DALI | Category Low | Category High | DALI % Rank | |
|---|---|---|---|---|
| Net Assets | 114 M | 3.97 M | 10.4 B | 65.17% |
| Number of Holdings | 8 | 3 | 2688 | 96.52% |
| Net Assets in Top 10 | 106 M | 2.03 M | 7.58 B | 51.74% |
| Weighting of Top 10 | 100.03% | 12.1% | 108.8% | 10.45% |
Top 10 Holdings
- First Trust Emerging Markets AlphaDEX Fund 18.12%
- First Trust Developed Markets ex-US AlphaDEX Fund 17.97%
- First Trust China AlphaDEX Fund 13.85%
- First Trust Europe AlphaDEX Fund 12.75%
- First Trust Eurozone AlphaDEX ETF 12.63%
- First Trust United Kingdom AlphaDEX Fund 12.54%
- First Trust Germany AlphaDEX Fund 12.02%
- Dreyfus Government Cash Management Funds SH BEN INT 0.14%
Asset Allocation
| Weighting | Return Low | Return High | DALI % Rank | |
|---|---|---|---|---|
| Stocks | 99.88% | 0.00% | 140.13% | 5.47% |
| Cash | 0.14% | -33.22% | 90.54% | 91.04% |
| Preferred Stocks | 0.00% | -0.09% | 5.36% | 44.28% |
| Other | 0.00% | -29.71% | 150.32% | 63.18% |
| Convertible Bonds | 0.00% | 0.00% | 8.92% | 70.65% |
| Bonds | 0.00% | -4.47% | 106.59% | 64.68% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | DALI % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 91.12% | 85.71% |
| Technology | 0.00% | 0.00% | 85.77% | 39.18% |
| Real Estate | 0.00% | 0.00% | 99.45% | 59.18% |
| Industrials | 0.00% | 0.00% | 23.31% | 2.45% |
| Healthcare | 0.00% | 0.00% | 38.63% | 87.35% |
| Financial Services | 0.00% | 0.00% | 98.22% | 87.76% |
| Energy | 0.00% | 0.00% | 60.89% | 5.31% |
| Communication Services | 0.00% | 0.00% | 21.61% | 79.59% |
| Consumer Defense | 0.00% | 0.00% | 37.51% | 92.65% |
| Consumer Cyclical | 0.00% | 0.00% | 25.83% | 4.90% |
| Basic Materials | 0.00% | 0.00% | 56.73% | 80.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | DALI % Rank | |
|---|---|---|---|---|
| US | 99.88% | 0.00% | 140.13% | 5.47% |
| Non US | 0.00% | -1.94% | 45.18% | 51.74% |
DALI - Expenses
Operational Fees
| DALI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.91% | 0.46% | 6.65% | 89.05% |
| Management Fee | 0.30% | 0.00% | 1.50% | 13.43% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 15.50% |
| Administrative Fee | N/A | 0.05% | 0.70% | N/A |
Sales Fees
| DALI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.75% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| DALI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| DALI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 1.75% | 441.00% | 18.35% |
DALI - Distributions
Dividend Yield Analysis
| DALI | Category Low | Category High | DALI % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.27% | 0.00% | 23.29% | 17.91% |
Dividend Distribution Analysis
| DALI | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
Net Income Ratio Analysis
| DALI | Category Low | Category High | DALI % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.14% | -2.01% | 13.72% | 60.70% |
Capital Gain Distribution Analysis
| DALI | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 26, 2026 | $0.021 | OrdinaryDividend |
| Dec 12, 2025 | $0.035 | OrdinaryDividend |
| Sep 25, 2025 | $0.036 | OrdinaryDividend |
| Sep 25, 2025 | $0.036 | OrdinaryDividend |
| Jun 26, 2025 | $0.025 | OrdinaryDividend |
| Mar 27, 2025 | $0.014 | OrdinaryDividend |
| Dec 13, 2024 | $0.019 | OrdinaryDividend |
| Dec 13, 2024 | $0.019 | OrdinaryDividend |
| Sep 26, 2024 | $0.024 | OrdinaryDividend |
| Sep 26, 2024 | $0.024 | OrdinaryDividend |
| Mar 21, 2024 | $0.005 | OrdinaryDividend |
| Dec 22, 2023 | $0.202 | OrdinaryDividend |
| Sep 22, 2023 | $0.008 | OrdinaryDividend |
| Jun 27, 2023 | $0.463 | OrdinaryDividend |
| Mar 24, 2023 | $0.063 | OrdinaryDividend |
| Dec 23, 2022 | $0.123 | OrdinaryDividend |
| Dec 23, 2021 | $0.029 | OrdinaryDividend |
| Sep 23, 2021 | $0.001 | OrdinaryDividend |
| Dec 24, 2020 | $0.006 | OrdinaryDividend |
| Sep 24, 2020 | $0.115 | OrdinaryDividend |
| Jun 25, 2020 | $0.132 | OrdinaryDividend |
| Mar 26, 2020 | $0.020 | OrdinaryDividend |
| Dec 13, 2019 | $0.043 | OrdinaryDividend |
| Sep 25, 2019 | $0.041 | OrdinaryDividend |
| Jun 14, 2019 | $0.003 | OrdinaryDividend |
| Mar 21, 2019 | $0.008 | OrdinaryDividend |
| Sep 14, 2018 | $0.011 | OrdinaryDividend |
| Jun 21, 2018 | $0.018 | OrdinaryDividend |
DALI - Fund Manager Analysis
Managers
Daniel Lindquist
Start Date
Tenure
Tenure Rank
May 14, 2018
4.05
4.1%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
Stan Ueland
Start Date
Tenure
Tenure Rank
May 14, 2018
4.05
4.1%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Chris Peterson
Start Date
Tenure
Tenure Rank
May 14, 2018
4.05
4.1%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Roger Testin
Start Date
Tenure
Tenure Rank
May 14, 2018
4.05
4.1%
Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.
Jon Erickson
Start Date
Tenure
Tenure Rank
May 14, 2018
4.05
4.1%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
David McGarel
Start Date
Tenure
Tenure Rank
May 14, 2018
4.05
4.1%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Erik Russo
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.07 | 33.83 | 6.55 | 13.0 |