DVOL vs. XVOL ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) to Acruence Active Hedge U.S. Equity ETF (XVOL)
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

$36.01

Average Daily Volume

3,871

Number of Holdings *

50

* may have additional holdings in another (foreign) market
XVOL

Acruence Active Hedge U.S. Equity ETF

XVOL Description Valor Latitude Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

Grade (RS Rating)

Last Trade

$23.74

Average Daily Volume

2,469

Number of Holdings *

49

* may have additional holdings in another (foreign) market
Performance
Period DVOL XVOL
30 Days 5.31% 9.13%
60 Days 9.13% 10.35%
90 Days 11.43% 11.10%
12 Months 35.52% 35.60%
8 Overlapping Holdings
Symbol Grade Weight in DVOL Weight in XVOL Overlap
CTAS B 2.64% 1.76% 1.76%
MSI B 2.8% 1.9% 1.9%
PGR A 1.09% 1.48% 1.09%
PKG A 2.07% 1.53% 1.53%
TRV B 1.23% 1.43% 1.23%
TW A 0.98% 1.51% 0.98%
WELL A 2.64% 1.77% 1.77%
WMT A 2.4% 1.62% 1.62%
DVOL Overweight 42 Positions Relative to XVOL
Symbol Grade Weight
TMUS B 3.36%
RSG A 3.14%
V A 3.05%
KMI A 3.04%
DTM A 2.98%
FI A 2.92%
MMC B 2.88%
WMB A 2.83%
MA B 2.8%
INGR C 2.75%
CACI D 2.75%
TJX A 2.68%
LIN C 2.68%
CB C 2.52%
NOC D 2.49%
RTX D 2.34%
HLT A 2.31%
OKE A 2.3%
AMP A 2.23%
BRO B 2.22%
JPM A 1.96%
AM A 1.77%
MSFT D 1.7%
COST A 1.68%
CW C 1.65%
EHC B 1.64%
AFL B 1.52%
GWW B 1.49%
WAB B 1.44%
AIG B 1.4%
HEI A 1.37%
CAH B 1.31%
ALL A 1.26%
ENSG C 1.26%
PTC B 1.22%
HLI A 1.21%
SF B 1.07%
BRX A 1.04%
RGA A 1.01%
WRB A 0.96%
MTG C 0.95%
TDG D 0.88%
DVOL Underweight 41 Positions Relative to XVOL
Symbol Grade Weight
APP B -4.25%
GFF A -3.83%
VZ C -3.7%
TFC A -2.99%
AXS A -2.93%
PLTR B -2.72%
VST A -2.7%
WAFD B -2.58%
CCOI B -2.55%
TMP B -2.46%
THG A -2.37%
NNN C -2.36%
AVGO D -2.26%
BBY D -2.18%
FICO B -2.06%
KKR A -2.04%
NTRA A -1.99%
NRG B -1.97%
SWX B -1.76%
BX A -1.76%
T A -1.74%
SPG A -1.71%
HFWA C -1.71%
MMM D -1.71%
USFD A -1.66%
VTR B -1.65%
BMY B -1.64%
ORCL A -1.6%
O C -1.54%
MPLX A -1.52%
FNF B -1.49%
WSM C -1.45%
EFX F -1.45%
GTY A -1.39%
ORI A -1.38%
BSX A -1.36%
ICE C -1.34%
PEG A -1.33%
SPGI C -1.25%
RKT F -1.19%
PLOW D -1.17%
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