First Trust Dorsey Wright Dynamic Focus 5 ETF
$42.86−0.14 (−0.32%)
- 0.30%
- $112M
- +21.2%
- 0.75%
- 0M sh
- $43.22
- low $33.81high $44.23
The ETF.net FVC Grade
B
Score 61 out of 100
- 6 of 22
Score 61 of 100 falls in the B 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.A81 out of 100Rank 5 of 22Mission
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.B67 out of 100Rank 7 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D35 out of 100Rank 17 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D28 out of 100Rank 20 of 21Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A78 out of 100Rank 5 of 22
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
- 6
- 100%
- FTXN
Sectors
- Health Care40.4%
- Energy20.0%
- Technology18.2%
- Industrials13.9%
- Consumer Discretionary6.4%
- Communication0.6%
- Financials0.4%
- Materials0.1%
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.
FVC$12,118
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 | FVC |
|---|---|
| Year to date | +18.2% |
| 1 month | +3.4% |
| 3 months | +2.1% |
| 1 year | +21.2% |
| 3 years | +12.4% |
| 5 years | +5.3% |
| 10 years | +8.4% |
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 | +18.2% | |
| 2025 | +2.1% | |
| 2024 | +12.4% | |
| 2023 | −4.6% | |
| 2022 | −6.0% | |
| 2021 | +21.9% | |
| 2020 | +12.7% |
FVC in the news
FVC Dividends
- 0.75%
- $0.32
- $0.0006 per share
- Twice a year
Distribution history
FVC Risk
- 14.2%
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.
- 0.56
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
0.30%
FVC0.30%
- The middle half of US Active Momentum funds
- Median 0.63%
4 of the 21 US Active Momentum funds charge less.
Other funds in US Active Momentum
- AFMTMMarketDesk Focused U.S. Momentum ETFExpense ratio 0.45%1 year return +40.6%
- BDWASInvesco Dorsey Wright SmallCap Momentum ETFExpense ratio 0.60%1 year return +15.7%
- CGTNDGoaltender ETFExpense ratio 0.46%1 year return —
- CMFMOMotley Fool Momentum Factor ETFExpense ratio 0.50%1 year return —
- CSMOMSymmetry Panoramic Sector Momentum ETFExpense ratio 0.63%1 year return +18.8%