DVOL

📎 Investment Objective

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

✨ Key Features

• Provides exposure to a portfolio of U.S. stocks with positive momentum and low volatility
• Utilizes a quantitative, rules-based index methodology to construct the portfolio
• Aims to deliver lower volatility compared to the broader U.S. equity market
• Designed as a core equity holding or complement to a diversified portfolio

⚠️ Primary Risks

• Market risk: The value of the fund's holdings may decline due to general market and economic conditions
• Momentum risk: The fund's momentum-based strategy may underperform the market during certain periods
• Concentration risk: The fund may be more susceptible to losses due to adverse occurrences affecting a particular sector or industry
• Tracking error risk: The fund may not perfectly track the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to U.S. equities with a focus on lower volatility and positive momentum. It can be used as a core equity holding or to complement a diversified portfolio. Investors with a medium to long-term investment horizon and a moderate risk tolerance may find this fund appropriate.