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FV vs WAMA

First Trust Dorsey Wright Focus 5 ETF

FVCNasdaq

WisdomTree US Adaptive Moving Average Fund

WAMAANasdaq

Overlap

Expense ratio

WAMA −0.56pt a year

FV0.89%WAMA0.33%

Avg volume · 30D

FV 5.6×the volume

FV69.7KWAMA12.4K

FV vs WAMA Performance

Jul 31, 2026 – Oct 30, 2026

+7.9%FV+1.3%WAMA

Jul 31, 2026 to Oct 30, 2026. FV +7.9%. WAMA +1.3%. Use the arrow keys to read each point.0%4%6%10%Jul 2026Sep 2026Oct 2026
Expense ratio
FV 0.89%
WAMA 0.33%, better
Fund size
FV $3.91B
WAMA $199M
1Y total return
FV +22.0%
WAMA No data
Yield (12M)
FV 0.35%
WAMA No data
Holdings
FV 6
WAMA 507
Avg volume (30D)
FV 69.7K sh, better
WAMA 12.4K sh
NAV per share
FV $75.06
WAMA $26.51
52W range

ETF.net Grade

FV: Cost 21, Risk 41, Mission 89, Tradability 78, Holdings 34, Durability 93. WAMA: Cost 100, Risk 84, Mission not scored, Tradability 54, Holdings 69, Durability 62.
Pillar letters and Scores for FV, WAMA, with each pillar’s weight
PillarFVWAMA
Cost30% weightF21A100Higher
Mission25% weightA89Not scored
Risk15% weightC41A84Higher
Tradability15% weightA78HigherC54
Holdings10% weightD34B69Higher
Durability5% weightA93HigherB62

Rank among Trend-Following / Tactical Index funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FV and WAMA are both graded against the same 20 Trend-Following / Tactical Index funds, so their Grades compare head to head.

Trend-Following / Tactical Index⁠

Category · 20 funds
See all 20 ›

WAMA ranks 1st and FV 13th of 20 funds in the Trend-Following / Tactical Index Category.

  1. Rank 1AWAMAWisdomTree US Adaptive Moving Average FundScore 80
  2. Rank 2APTLCPacer Trendpilot US Large Cap ETFScore 76
  3. Rank 12CPTEUPacer Trendpilot European Index ETFScore 46
  4. Rank 13CFVFirst Trust Dorsey Wright Focus 5 ETFScore 43
  5. Rank 14CTRNDPacer Trendpilot Fund of Funds ETFScore 42

Our read on each fund

ETF.net Research

FVCFirst Trust Dorsey Wright Focus 5 ETF

WAMAAWisdomTree US Adaptive Moving Average Fund

In short

FV Sector rotation in one ticker: FV holds five First Trust sector ETFs, equally weighted, chosen by Dorsey Wright relative strength and re-checked twice a month. Momentum investing on autopilot since 2014.

WAMA No data

Stated mandate

FV The ETF seeks to track, before fees and expenses, the price and yield of the Dorsey Wright Focus Five Index. The index uses relative strength to select five First Trust sector and industry ETFs from its universe, reviews selections twice monthly, and equally weights the positions.

WAMA No data

Why people hold it

  • FV One ticker does the rotating: relative strength picks five sector and industry ETFs, weights them equally, and reviews the lineup twice a month. No spreadsheet, no manual trades.ftportfolios.com
  • The strategy is stated on the tin. Dorsey Wright's relative strength rules drive every pick, and momentum is advertised rather than buried in the fine print.ftportfolios.com
  • Live since March 2014, now a multi-billion-dollar fund that trades in reasonable size and distributes quarterly. Long track record for a rules-based rotation strategy.

WAMA No data

Worth knowing

  • FV At 0.89% a year, it sits well above the median for index-tracking funds in its peer group, and a fund-of-funds build means costs sit at two levels.
  • Five equal-weighted sector sleeves is a concentrated book, and whole sectors can enter or exit twice a month, so high turnover is part of the design.ftportfolios.com
  • The selection menu is First Trust's own sector and industry ETFs, not the full universe of funds, so results ride on that lineup.

WAMA No data

Full FV profile⁠

Full WAMA profile⁠

FV vs WAMA Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FV vs WAMA Cost

Overpaying FV vs WAMA

$10,135

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FV 0.89%

    $16,872

  • WAMA 0.33%

    $6,737

$10,000
30 years

Cost over time

  • FV 0.89%
  • WAMA 0.33%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FV $16,872WAMA $6,737

Year by year

YearFVWAMAOverpaying
10$1,576$598$978
20$5,953$2,318$3,635
30$16,872$6,737$10,135

Expense ratio

  • 0.89%FV
  • 0.33%WAMA, cheaper
  • Middle half of Trend-Following / Tactical Index funds
  • Median 0.67%

WAMA cheapest of 20 funds

FV 16th cheapest of 20 funds

FV vs WAMA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FV 0.35%
WAMA No data
Payout (12M)
FV $0.26
WAMA No data
Last payment
FV $0.08
WAMA $0.05
Ex-dividend
FV Jun 25, 2026
WAMA Sep 25, 2026
Paid on
FV Jun 30, 2026
WAMA Sep 29, 2026
Frequency
FV Quarterly
WAMA Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FVQuarterly · 32 paymentsAll FV payments⁠
One bar per payment. 32 payments from 2017 to 2026 YTD. Jun 22, 2017 $0.02; Sep 21, 2017 $0.05; Dec 21, 2017 $0.11; Mar 22, 2018 $0.0015; Jun 21, 2018 $0.02; Sep 14, 2018 $0.02; Dec 18, 2018 $0.0008; Mar 21, 2019 $0.01; Jun 14, 2019 $0.0088; Sep 25, 2019 $0.07; Dec 13, 2019 $0.08; Mar 26, 2020 $0.03; Sep 23, 2021 $0.02; Dec 23, 2021 $0.03; Mar 25, 2022 $0.09; Jun 24, 2022 $0.17; Sep 23, 2022 $0.15; Dec 23, 2022 $0.23; Mar 24, 2023 $0.14; Jun 27, 2023 $0.05; Sep 22, 2023 $0.0096; Dec 22, 2023 $0.05; Mar 21, 2024 $0.007; Jun 27, 2024 $0.02; Sep 26, 2024 $0.02; Dec 13, 2024 $0.04; Mar 27, 2025 $0.06; Jun 26, 2025 $0.10; Sep 25, 2025 $0.10; Dec 12, 2025 $0.14; Mar 26, 2026 $0.05; Jun 25, 2026 $0.08. Use the arrow keys to read each point.$0$0.252017202020232026YTD
WAMAQuarterly · 2 paymentsAll WAMA payments⁠
One bar per payment. 2 payments from 2017 to 2026 YTD. Jun 25, 2026 $0.11; Sep 25, 2026 $0.05. Use the arrow keys to read each point.$0$0.252017202020232026YTD

FV vs WAMA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FV 17.5%WAMA No data
Return per unit of riskSharpe ratio, 3 years
FV 0.97WAMA No data
Worst fallMax drawdown, 5 years
FV −23.1%WAMA No data
Market sensitivityBeta, 5 years
FV 1.24WAMA 0.59

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