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First Trust Dorsey Wright Focus 5 ETF (FV)

52.41 -0.79 (-1.48%)
At close: April 19 at 4:00 PM EDT

ETF Summary

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the exchange-traded funds ("ETFs") that comprise the index. The index is designed to provide targeted exposure to the five First Trust sector-based ETFs that the index provider believes offer the greatest potential to outperform the other ETFs in the selection universe and that satisfy certain trading volume and liquidity requirements.

ETF Overview

Category Mid-Cap Blend
Fund Family First Trust Advisors L.P.
Net Assets 3.8B
YTD Daily Total Return 3.21%
Yield 0.19%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FV Category Average
Annual Report Expense Ratio (net) 0.90% 0.90%
Holdings Turnover 103.00% 57.81%
Total Net Assets 52,463.71 52,463.71

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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