---
ticker: "FV"
name: "First Trust Dorsey Wright Focus 5 ETF"
url: "https://etf.net/etf/FV"
grade: "B"
score: 68
graded_at: "2026-10-12"
category: "Trend-Following / Tactical Index"
category_rank: "4 of 20"
methodology: "https://etf.net/methodology"
---

# FV: First Trust Dorsey Wright Focus 5 ETF

Grade **B**, Score 68 of 100. Rank 4 of 20 in Trend-Following / Tactical Index.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 87 | 3 of 20 |
| Mission | 88 | 1 of 4 |
| Risk | 35 | 15 of 20 |
| Tradability | 78 | 3 of 20 |
| Holdings | 35 | 19 of 20 |
| Durability | 93 | 1 of 20 |

## Top holdings

The fund holds 6 positions. These are the largest 6, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | FTXN | First Trust Nasdaq Oil & Gas ETF | 20.33% |
| 2 | FTXH | First Trust Nasdaq Pharmaceuticals ETF | 20.32% |
| 3 | FBT | First Trust NYSE® Arca® Biotechnology Index Fund | 19.95% |
| 4 | FXL | First Trust Technology AlphaDEX® Fund | 19.88% |
| 5 | QTEC | First Trust NASDAQ-100-Technology Sector Index Fund | 19.41% |
| 6 | — | US Dollar | 0.11% |

Source: etf.net, https://etf.net/etf/FV. Please cite the page URL.