DALI
First Trust Exchange-Traded Fund VI First Trust Dorsey Wright DALI Equity ETF
📎 Investment Objective
The First Trust Dorsey Wright DALI Equity ETF (DALI) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dorsey Wright DALI Index.
Overview
ETF tracking First Trust Exchange-Traded Fund VI First Trust Dorsey Wright DALI Equity ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Dorsey Wright DALI Equity ETF (DALI) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dorsey Wright DALI Index.
🎯 Investment Strategy
The fund uses a passive management (or index-tracking) strategy designed to track the performance of the Dorsey Wright DALI Index. The index is composed of U.S. exchange-traded equity securities selected using a proprietary methodology that aims to identify companies demonstrating positive momentum.
✨ Key Features
- Passive index-tracking strategy focused on U.S. equities with positive momentum
- Utilizes Dorsey Wright's DALI (Dynamic Alpha Leaders Indicator) methodology to select securities
- Low expense ratio of 0.00%
- Limited performance history as the fund is relatively new
⚠️ Primary Risks
- Equity market risk as the fund is exposed to the performance of U.S. stocks
- Concentration risk as the fund may have significant exposure to certain sectors or industries
- Momentum investing risk as the fund's strategy relies on identifying securities with positive momentum
- Tracking error risk as the fund may not perfectly replicate the performance of its underlying index
👤 Best For
This ETF may be suitable for investors seeking exposure to a momentum-based strategy focused on U.S. equities as part of a diversified portfolio. Due to the fund's limited performance history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.