DALI vs. FV ETF Comparison
Comparison of First Trust DorseyWright DALI 1 ETF (DALI) to First Trust Dorsey Wright Focus 5 ETF (FV)
DALI
First Trust DorseyWright DALI 1 ETF
DALI Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Nasdaq Dorsey Wright DALI 1 Index. Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index has been designed based upon the principle that the asset class exhibiting the highest levels of "relative strength," based on current prices, will be the asset class with the best performance over the near term. It is non-diversified.
Grade (RS Rating)
Last Trade
$26.77
Average Daily Volume
3,933
4
FV
First Trust Dorsey Wright Focus 5 ETF
FV Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Focus Five Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) 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. The fund is non-diversified.Grade (RS Rating)
Last Trade
$60.59
Average Daily Volume
87,815
2
Performance
Period | DALI | FV |
---|---|---|
30 Days | 5.14% | 3.48% |
60 Days | 7.78% | 6.19% |
90 Days | 8.49% | 5.61% |
12 Months | 19.98% | 29.95% |
DALI Underweight 0 Positions Relative to FV
Symbol | Grade | Weight |
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DALI: Top Represented Industries & Keywords
FV: Top Represented Industries & Keywords