First Trust Dorsey Wright Momentum & Value ETF
$39.44−0.33 (−0.82%)
- Expense ratio
- 0.60%
- Fund size
- $48M
- 1Y return
- +20.9%
- Yield · Last 12 months
- 0.68%
- Holdings
- 50
- Volume · 30D
- 0M sh
- NAV per share
- $40.10
- 52W range
The ETF.net DVLU Grade
Score 43 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 14Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 88Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 33Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 44Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 41Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 44Category rank
Our read on DVLU
CValue and momentum usually pull in opposite directions. DVLU's Dorsey Wright index tries to own the overlap, packing it into about 50 US stocks. A niche, higher-cost take on factor investing that has been running since 2018.
The Fund seeks to track the Dorsey Wright Momentum Plus ValueTM Index before fees and expenses, normally investing at least 90% of net assets in its equity securities.
Why people hold it
- Momentum and value ride in one rules-based index rather than two separate funds. At about 50 US stocks, it can look genuinely different from a plain value benchmark.ftportfolios.com
- The Dorsey Wright Momentum Plus Value Index picks the names, not a manager's gut. Live since 2018, so there is a real multi-cycle record to inspect.
- The mandate is tight: normally at least 90% of net assets sit in the index's own stocks, so you get the strategy on the tin. Distributions come quarterly.ftportfolios.com
Worth knowing
- At 0.60% a year, it runs well above the typical US multifactor fund's 0.32%, and shelf heavyweights like VONV (0.06%) and FNDX (0.25%) charge a fraction of it.
- A small fund that trades thinly. That usually means wider bid-ask spreads and more attention needed on order entry than with the category's giants.
- About 50 names and a factor blend that can get whipsawed when market leadership turns. Results can diverge sharply from a broad value index, in both directions.
DVLU Holdings
- Stocks
- 50
- 33%
- DINO
Geography
- United States94.78%
- Puerto Rico2.76%
- Ireland1.65%
- Netherlands0.81%
DVLU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DVLU |
|---|---|
| Year to date | +11.6% |
| 1 month | −3.4% |
| 3 months | +1.1% |
| 1 year | +20.9% |
| 3 years | +21.4% |
| 5 years | +12.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DVLU |
|---|---|---|
| 2026 YTD | +11.6% | |
| 2025 | +23.7% | |
| 2024 | +13.3% | |
| 2023 | +18.8% | |
| 2022 | −9.8% | |
| 2021 | +41.7% | |
| 2020 | −6.7% |
DVLU in the news
ETF.net Research hasn’t filed on DVLU yet — coverage lands here as it’s written.
DVLU Dividends
- 0.68%
- $0.27
- $0.10 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.10 |
| Mar 26, 2026 | Mar 31, 2026 | $0.03 |
| Dec 12, 2025 | Dec 31, 2025 | $0.09 |
| Sep 25, 2025 | Sep 30, 2025 | $0.06 |
| Jun 26, 2025 | Jun 30, 2025 | $0.07 |
| Mar 27, 2025 | Mar 31, 2025 | $0.04 |
| Dec 13, 2024 | Dec 31, 2024 | $0.14 |
| Sep 26, 2024 | Sep 30, 2024 | $0.04 |
| Jun 27, 2024 | Jun 28, 2024 | $0.08 |
| Mar 21, 2024 | Mar 28, 2024 | $0.04 |
| Dec 22, 2023 | Dec 29, 2023 | $0.14 |
| Sep 22, 2023 | Sep 29, 2023 | $0.03 |
DVLU Risk
- 18.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.85
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −24.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.19
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DVLU Cost
- The middle half of US Multifactor funds
- Median 0.30%
81 of the 98 US Multifactor funds charge less.