
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)
ETF overview
This exchange-traded fund, known as the First Trust Dorsey Wright Momentum & Dividend ETF (and previously as the First Trust RBA Quality Income ETF), is structured to replicate the financial performance, specifically the price appreciation and income generation, of its benchmark, the Dorsey Wright Momentum Plus Dividend Yield Index. This objective is pursued before accounting for the fund's operational expenses. Typically, the ETF commits a substantial portion—at least 90%—of its total net assets (which may include borrowed funds) into the stock components that constitute the aforementioned Index. Employing a passive indexing strategy, the fund endeavors to closely mirror the Index's returns prior to the deduction of fees and charges. The investment advisor aims for a high degree of synchronicity, targeting a correlation coefficient of 0.95 or higher between the fund's performance and that of the Index, again, before expenses; a value of 1.00 would denote perfect alignment. The development and ownership of this underlying Index belong exclusively to Nasdaq, Inc.
Fund facts
- Expense ratio
- 0.60%
- Fund assets
- 72.1M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Mar 10, 2014
- Number of holdings
- 50
Breakdown
Holdings (50)
| Name | Ticker | Weight |
|---|---|---|
| Simon Property Group, Inc. | SPG | 4.98% |
| CareTrust REIT, Inc. | CTRE | 4.72% |
| Chevron Corporation | CVX | 4.16% |
| HP Inc. | HPQ | 3.99% |
| Hasbro, Inc. | HAS | 3.70% |
| Principal Financial Group, Inc. | PFG | 3.38% |
| Citizens Financial Group, Inc. | CFG | 3.20% |
| Cullen/Frost Bankers, Inc. | CFR | 3.09% |
| Amgen Inc. | AMGN | 3.08% |
| Invesco Ltd. | IVZ | 2.96% |
| and 37 more | ||
Similar ETFs
- First Trust Dorsey Wright Momentum & Low Volatility ETFDVOL · Overlap 55% · Expense ratio 0.60%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.

First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)
- Expense ratio
- 0.60%
- Fund assets
- 72.1M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Mar 10, 2014
- Number of holdings
- 50
| Name | Ticker | Weight |
|---|---|---|
| Simon Property Group, Inc. | SPG | 4.98% |
| CareTrust REIT, Inc. | CTRE | 4.72% |
| Chevron Corporation | CVX | 4.16% |
| HP Inc. | HPQ | 3.99% |
| Hasbro, Inc. | HAS | 3.70% |
| Principal Financial Group, Inc. | PFG | 3.38% |
| Citizens Financial Group, Inc. | CFG | 3.20% |
| Cullen/Frost Bankers, Inc. | CFR | 3.09% |
| Amgen Inc. | AMGN | 3.08% |
| Invesco Ltd. | IVZ | 2.96% |
| and 37 more | ||
This exchange-traded fund, known as the First Trust Dorsey Wright Momentum & Dividend ETF (and previously as the First Trust RBA Quality Income ETF), is structured to replicate the financial performance, specifically the price appreciation and income generation, of its benchmark, the Dorsey Wright Momentum Plus Dividend Yield Index. This objective is pursued before accounting for the fund's operational expenses. Typically, the ETF commits a substantial portion—at least 90%—of its total net assets (which may include borrowed funds) into the stock components that constitute the aforementioned Index. Employing a passive indexing strategy, the fund endeavors to closely mirror the Index's returns prior to the deduction of fees and charges. The investment advisor aims for a high degree of synchronicity, targeting a correlation coefficient of 0.95 or higher between the fund's performance and that of the Index, again, before expenses; a value of 1.00 would denote perfect alignment. The development and ownership of this underlying Index belong exclusively to Nasdaq, Inc.
- First Trust Dorsey Wright Momentum & Low Volatility ETFDVOL · Overlap 55% · Expense ratio 0.60%
Overlap is the share of assets the two funds hold in common.
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