DDIV

First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF

$39.75

+0.00%

Market closed. Last update: 11:44 PM ET

📎 Investment Objective

The First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dorsey Wright Momentum & Dividend Index.

Overview

ETF tracking First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF

Category Growth

Issuer First Trust

Inception Date 2014-03-11

Market Cap $65.6M

Average Volume N/A

Dividend Yield 2.03%

52-Week Range $32.83 - $41.01

VWAP $39.78

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a portfolio of equity securities that the index provider has identified as exhibiting positive momentum and paying dividends. The index uses a rules-based methodology to select and weight the component securities.

✨ Key Features

Focuses on stocks with positive momentum and dividend payments
Seeks to track the Dorsey Wright Momentum & Dividend Index
Passively managed, index-based approach
Potential for capital appreciation and income generation

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market conditions
Momentum investing risk: Stocks with positive momentum may not continue to perform well
Dividend-paying stock risk: Companies may reduce or eliminate dividend payments
Tracking error risk: The fund may not perfectly track its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to a portfolio of stocks with positive momentum and dividend-paying characteristics, as part of a diversified investment strategy. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.