First Trust Dorsey Wright Momentum & Low Volatility ETF
$35.62−0.05 (−0.14%)
- 0.60%
- $75M
- +3.4%
- 0.83%
- 0M sh
- $35.52
- low $33.60high $38.30
The ETF.net DVOL Grade
D
Score 31 out of 100
- 90 of 99
Score 31 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F14 out of 100Rank 83 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 50 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C43 out of 100Rank 56 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D37 out of 100Rank 76 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C46 out of 100Rank 60 of 99
Our read on DVOL
DMomentum and low volatility usually pull in opposite directions. DVOL runs both screens through a Dorsey Wright index and lands on roughly 50 stocks that are climbing without much drama. A niche recipe, priced like one at 0.60%.
The Fund seeks to track, before fees and expenses, the price and yield performance of the Dorsey Wright Momentum Plus Low VolatilityTM Index.
Why people hold it
- Two factors, one ticket: the index screens for momentum and low volatility together instead of asking you to own a fund for each and hope they blend.ftportfolios.com
- Roughly 50 names, not 500. The factor tilt actually shows up in the portfolio instead of being watered down by hundreds of index leftovers.
- Live since 2018, so the rules have traded through real market shocks rather than existing only as a backtest.
- A published index calls the shots and cash goes out quarterly. No manager improvising between rebalances.ftportfolios.com
Worth knowing
- The 0.60% fee sits well above the typical multifactor fund. Large peers like VONV and FNDX charge a fraction of that, and the gap comes straight out of results.
- Volume is light for the category, so spreads and trade timing matter more here than with a mega-cap index fund.
- With about 50 holdings, individual names and whichever sectors currently clear the screen carry real weight versus a broad-market fund.
DVOL Holdings
- Stocks
- 51
- 30%
- AME
Sectors
- Financials26.3%
- Industrials25.1%
- Real Estate12.6%
- Consumer Discretionary10.2%
- Health Care5.1%
- Technology5.1%
- Energy4.5%
- Materials3.5%
- Consumer Staples2.8%
- Communication2.6%
- Utilities2.1%
Geography
- United States95.61%
- Puerto Rico2.67%
- Ireland1.72%
DVOL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
DVOL$10,341
Returns run to the Oct 12, 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 | DVOL |
|---|---|
| Year to date | +2.4% |
| 1 month | −1.1% |
| 3 months | −3.7% |
| 1 year | +3.4% |
| 3 years | +13.5% |
| 5 years | +6.2% |
| 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 | DVOL |
|---|---|---|
| 2026 YTD | +2.4% | |
| 2025 | +4.3% | |
| 2024 | +24.8% | |
| 2023 | +5.4% | |
| 2022 | −16.1% | |
| 2021 | +30.1% | |
| 2020 | +11.1% |
DVOL in the news
DVOL Dividends
- 0.83%
- $0.29
- $0.07 per share
- Quarterly
Distribution history
DVOL Risk
- 12.5%
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.
- 0.68
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.
- −24.6%
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.
- 0.66
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DVOL Cost
0.60%
DVOL0.60%
- The middle half of US Multifactor funds
- Median 0.30%
82 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- DPSAIPacer Funds Trust - Pacer S&P 500 3AI Top 100 ETFExpense ratio 0.49%1 year return —
- DTHLVTHOR Equal Weight Low Volatility ETFExpense ratio 0.64%1 year return +8.5%
- DFDLSInspire Fidelis Multi Factor ETFExpense ratio 0.66%1 year return +27.4%
- DSHRYFirst Trust Bloomberg Shareholder Yield ETFExpense ratio 0.60%1 year return +11.3%
- DCAPEDoubleLine Shiller CAPE U.S. Equities ETFExpense ratio 0.65%1 year return +2.3%