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Name

As of 10/22/2024

Price

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

First Trust Dorsey Wright Momentum & Dividend ETF

DDIV | ETF

$37.83

$52.5 M

1.93%

$0.73

0.60%

Vitals

YTD Return

26.5%

1 yr return

44.6%

3 Yr Avg Return

7.8%

5 Yr Avg Return

10.9%

Net Assets

$52.5 M

Holdings in Top 10

36.9%

52 WEEK LOW AND HIGH

$37.9
$26.50
$38.30

Expenses

OPERATING FEES

Expense Ratio 0.60%

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 10/22/2024

Price

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

First Trust Dorsey Wright Momentum & Dividend ETF

DDIV | ETF

$37.83

$52.5 M

1.93%

$0.73

0.60%

DDIV - Profile

Distributions

  • YTD Total Return 26.5%
  • 3 Yr Annualized Total Return 7.8%
  • 5 Yr Annualized Total Return 10.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust Dorsey Wright Momentum & Dividend ETF
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Mar 10, 2014
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

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 “Index Provider”). The Index Provider may, from time to time, exercise reasonable discretion as it deems appropriate in order to ensure Index integrity including, but not limited to, quantitative inclusion criteria. The Index Provider may also, due to special circumstances, if deemed essential, apply discretionary adjustments to ensure and maintain the high quality of the Index construction and calculation.According to the Index Provider, the Index is a rules-based equity index designed to track the overall performance of the 50 stocks with the highest dividend yield comprising the Nasdaq US Large Mid CapTMIndex that still maintain high levels of “relative strength.” A relative strength analysis is a momentum-based investment strategy that emphasizes a security’s forward price momentum in the security selection process. A security’s momentum is the rate at which its price is accelerating. Momentum investing strategies are based on the principle that securities that have recently risen or fallen in price will continue that trend and that, when evaluating two indices/securities, the index/security exhibiting the greater momentum will perform better. To make such a determination between two indices/securities, a relative strength calculation can be used.A relative strength calculation is an objective method of comparing two investment options to determine which of the two is exhibiting greater forward price momentum. According to the Index Provider, the Index utilizes a relative strength calculation to compare the forward price momentum of each of the securities comprising the Nasdaq US Large Mid CapTMIndex against the momentum of a broad market benchmark index. To make this determination, on a daily basis, the Index Provider computes a “relative strength score” for each security in the Nasdaq US Large Mid CapTMIndex by dividing the closing price of each security by the closing price of the benchmark index and then multiplying that number by 100. This number is then charted for each security. When the same calculation is run the next day, if this number increases, it is charted as an “X.” If it decreases, it is charted as an “O.” This is known as point and figure charting. The patterns formed by these “Xs” and “Os” can signal whether a security should be bought or sold. For instance, if a column of “Xs” exceeds a previous column of “Xs,” this is known as a “buy” signal. Only those securities presenting a “buy” signal and in a column of “Xs” are eligible for inclusion in the Index. These eligible securities are then ranked based upon their current dividend yield. The remaining top 50 eligible securities with the highest dividend yield are selected for inclusion in the Index. The Index then utilizes each security’s dividend yield to assign weights to each of the 50 securities. Similar to a market cap weighting methodology, securities with higher dividend yields are assigned correspondingly higher weights. The Fund may invest in REITs.The Index is reconstituted and rebalanced quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance and 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. As of December 31, 2023, the Fund had significant investments in energy companiesand financial companies, although this may change from time to time.The Fund's investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of December 31, 2023. 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.
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DDIV - Performance

Return Ranking - Trailing

Period DDIV Return Category Return Low Category Return High Rank in Category (%)
YTD 26.5% N/A N/A N/A
1 Yr 44.6% N/A N/A N/A
3 Yr 7.8%* N/A N/A N/A
5 Yr 10.9%* N/A N/A N/A
10 Yr 9.6%* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period DDIV Return Category Return Low Category Return High Rank in Category (%)
2023 6.3% N/A N/A N/A
2022 -15.5% N/A N/A N/A
2021 36.4% N/A N/A N/A
2020 -6.6% N/A N/A N/A
2019 28.4% N/A N/A N/A

Total Return Ranking - Trailing

Period DDIV Return Category Return Low Category Return High Rank in Category (%)
YTD 26.5% N/A N/A N/A
1 Yr 44.6% N/A N/A N/A
3 Yr 7.8%* N/A N/A N/A
5 Yr 10.9%* N/A N/A N/A
10 Yr 9.6%* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period DDIV Return Category Return Low Category Return High Rank in Category (%)
2023 9.9% N/A N/A N/A
2022 -12.5% N/A N/A N/A
2021 39.9% N/A N/A N/A
2020 -3.6% N/A N/A N/A
2019 32.4% N/A N/A N/A

DDIV - Holdings

Concentration Analysis

DDIV Category Low Category High DDIV % Rank
Net Assets 52.5 M N/A N/A N/A
Number of Holdings 51 N/A N/A N/A
Net Assets in Top 10 19.2 M N/A N/A N/A
Weighting of Top 10 36.85% N/A N/A N/A

Top 10 Holdings

  1. Starwood Property Trust Inc 5.11%
  2. OneMain Holdings Inc 5.01%
  3. Simon Property Group Inc 4.16%
  4. ONEOK Inc 4.03%
  5. Lamar Advertising Co 3.71%
  6. Iron Mountain Inc 3.09%
  7. Seagate Technology Holdings PLC 3.02%
  8. Corebridge Financial Inc 3.00%
  9. Old Republic International Corp 2.98%
  10. Tapestry Inc 2.74%

Asset Allocation

Weighting Return Low Return High DDIV % Rank
Stocks 		99.70% N/A N/A N/A
Cash 		0.30% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Other 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High DDIV % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High DDIV % Rank
US 		99.70% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

DDIV - Expenses

Operational Fees

DDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% N/A N/A N/A
Management Fee 0.60% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

DDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

DDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

DDIV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

DDIV - Distributions

Dividend Yield Analysis

DDIV Category Low Category High DDIV % Rank
Dividend Yield 1.93% N/A N/A N/A

Dividend Distribution Analysis

DDIV Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly

Net Income Ratio Analysis

DDIV Category Low Category High DDIV % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

DDIV Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

DDIV - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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