DVOL vs. QQQA ETF Comparison
Comparison of First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) to ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)
DVOL
First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL 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 Momentum Plus Low Volatility Index (the "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 is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.
Grade (RS Rating)
Last Trade
$36.02
Average Daily Volume
3,866
50
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
QQQA Description
ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the non-financial companies. The fund invests in momentum stocks of large cap companies. It replicates the performance of Nasdaq-100 Dorsey Wright Select Index. ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF was formed on May 18, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$46.15
Average Daily Volume
2,694
21
Performance
Period | DVOL | QQQA |
---|---|---|
30 Days | 3.62% | 3.05% |
60 Days | 7.69% | 6.41% |
90 Days | 10.86% | 8.84% |
12 Months | 34.44% | 25.03% |
DVOL Overweight 47 Positions Relative to QQQA
Symbol | Grade | Weight | |
---|---|---|---|
RSG | A | 3.14% | |
V | A | 3.05% | |
KMI | A | 3.04% | |
DTM | A | 2.98% | |
FI | A | 2.92% | |
MMC | D | 2.88% | |
WMB | A | 2.83% | |
MSI | A | 2.8% | |
MA | B | 2.8% | |
INGR | B | 2.75% | |
CACI | D | 2.75% | |
TJX | A | 2.68% | |
LIN | D | 2.68% | |
WELL | A | 2.64% | |
CB | D | 2.52% | |
NOC | D | 2.49% | |
WMT | A | 2.4% | |
RTX | D | 2.34% | |
HLT | A | 2.31% | |
OKE | A | 2.3% | |
AMP | A | 2.23% | |
BRO | B | 2.22% | |
PKG | A | 2.07% | |
JPM | B | 1.96% | |
AM | A | 1.77% | |
MSFT | D | 1.7% | |
CW | B | 1.65% | |
EHC | B | 1.64% | |
AFL | C | 1.52% | |
GWW | B | 1.49% | |
WAB | B | 1.44% | |
AIG | D | 1.4% | |
HEI | A | 1.37% | |
CAH | B | 1.31% | |
ALL | A | 1.26% | |
ENSG | D | 1.26% | |
TRV | B | 1.23% | |
PTC | B | 1.22% | |
HLI | A | 1.21% | |
PGR | B | 1.09% | |
SF | B | 1.07% | |
BRX | A | 1.04% | |
RGA | B | 1.01% | |
TW | A | 0.98% | |
WRB | A | 0.96% | |
MTG | C | 0.95% | |
TDG | D | 0.88% |
DVOL Underweight 18 Positions Relative to QQQA
DVOL: Top Represented Industries & Keywords
QQQA: Top Represented Industries & Keywords