DVLU

📎 Investment Objective

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

✨ Key Features

• Provides exposure to a portfolio of U.S. stocks selected for both momentum and value factors
• Utilizes a rules-based index methodology to identify eligible securities
• Passively managed to track the performance of the underlying Dorsey Wright Momentum & Value Index
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The value of the fund's holdings may decline due to general market conditions
• Sector concentration risk: The fund may be more heavily invested in certain sectors, which can lead to increased volatility
• Style risk: The fund's focus on momentum and value factors may underperform other investment styles at times
• Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to a portfolio of U.S. stocks exhibiting both momentum and value characteristics, as part of a diversified investment strategy. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with equity market investments.