---
ticker: "IFV"
name: "First Trust Dorsey Wright International Focus 5 ETF"
url: "https://etf.net/etf/IFV"
grade: "B"
score: 64
graded_at: "2026-10-12"
category: "Trend-Following / Tactical Index"
category_rank: "7 of 20"
methodology: "https://etf.net/methodology"
---

# IFV: First Trust Dorsey Wright International Focus 5 ETF

Grade **B**, Score 64 of 100. Rank 7 of 20 in Trend-Following / Tactical Index.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 87 | 3 of 20 |
| Mission | Not scored | — |
| Risk | 35 | 15 of 20 |
| Tradability | 62 | 7 of 20 |
| Holdings | 39 | 15 of 20 |
| Durability | 81 | 3 of 20 |

## Top holdings

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

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | FDT | First Trust Developed Markets ex-US AlphaDEX® Fund | 20.27% |
| 2 | FEP | First Trust Europe AlphaDEX® Fund | 20.17% |
| 3 | FPA | First Trust Asia Pacific ex-Japan AlphaDEX® Fund | 19.98% |
| 4 | FEUZ | First Trust Eurozone AlphaDEX® ETF | 19.91% |
| 5 | FGM | First Trust Germany AlphaDEX® Fund | 19.61% |
| 6 | — | US Dollar | 0.06% |

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