First Trust Dorsey Wright Dynamic Focus 5 ETF
$42.67−0.35 (−0.80%)
- Expense ratio
- 0.30%
- Fund size
- $111M
- 1Y return
- +20.4%
- Yield · Last 12 months
- 1.28%
- Holdings
- 5
- Volume · 30D
- 0M sh
- NAV per share
- $42.59
- 52W range
The ETF.net FVC Grade
Score 62 of 100 sits in the B 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.AScore 81Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 68Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 36Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 30Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 78Category rank
Our read on FVC
BMomentum applied to sectors, not stocks. FVC ranks First Trust sector and industry funds by Dorsey Wright relative strength, holds the five strongest, and can rotate into a short-duration bond fund when the signal turns defensive.
The fund seeks to track the price and yield of the Dorsey Wright Dynamic Focus Five Index before fees. That index dynamically selects five First Trust sector or industry ETFs using relative strength and can shift exposure to FTSM for risk management.
Why people hold it
- Built-in defensive gear: the index can shift exposure into a short-duration bond ETF for risk management, a rules-based off-ramp most momentum funds don't have.
- The bet is which corner of the market is leading, not which stock. Five First Trust sector or industry ETFs, picked by Dorsey Wright's relative strength method.
- Running since 2016 in a plain 1940 Act ETF wrapper, tracking a published index and paying distributions quarterly.
Worth knowing
- At 0.87% a year, this sits above the typical momentum fund, and large peers like MTUM, SPMO and VFMO run at a fraction of it.
- Five sleeves means concentration. One sector call can drive the whole ride, and the rotation only moves when the relative strength signal says so.
- Thinly traded next to the category's giants, so spreads can widen. Limit orders and avoiding the opening and closing minutes matter more here.
FVC Holdings
- Stocks
- 5
- 100%
- FBT
Sectors
- Health Care41.2%
- Technology35.1%
- Industrials13.9%
- Consumer Discr.7.3%
- Communication2.0%
- Financials0.4%
- Energy0.1%
Geography
- United States100.00%
FVC 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 | FVC |
|---|---|
| Year to date | +18.3% |
| 1 month | +0.8% |
| 3 months | +0.9% |
| 1 year | +20.4% |
| 3 years | +13.2% |
| 5 years | +5.0% |
| 10 years | +8.3% |
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 | FVC |
|---|---|---|
| 2026 YTD | +18.3% | |
| 2025 | +2.1% | |
| 2024 | +12.4% | |
| 2023 | −4.6% | |
| 2022 | −6.0% | |
| 2021 | +21.9% | |
| 2020 | +12.7% |
FVC in the news
ETF.net Research hasn’t filed on FVC yet — coverage lands here as it’s written.
FVC Dividends
- 1.28%
- $0.55
- $0.0006 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.0006 |
| Dec 12, 2025 | Dec 31, 2025 | $0.32 |
| Sep 25, 2025 | Sep 30, 2025 | $0.23 |
| Jun 26, 2025 | Jun 30, 2025 | $0.27 |
| Mar 27, 2025 | Mar 31, 2025 | $0.12 |
| Dec 13, 2024 | Dec 31, 2024 | $0.03 |
| Sep 26, 2024 | Sep 30, 2024 | $0.05 |
| Jun 27, 2024 | Jun 28, 2024 | $0.07 |
| Mar 21, 2024 | Mar 28, 2024 | $0.14 |
| Dec 22, 2023 | Dec 29, 2023 | $0.24 |
| Sep 22, 2023 | Sep 29, 2023 | $0.07 |
| Jun 27, 2023 | Jun 30, 2023 | $0.16 |
FVC Risk
- 14.8%
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.
- 0.40
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.
- −22.6%
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.
- 1.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FVC Cost
- The middle half of US Active Momentum funds
- Median 0.63%
4 of the 21 US Active Momentum funds charge less.