IFV

📎 Investment Objective

The First Trust Dorsey Wright International Focus 5 ETF (IFV) seeks to provide investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Dorsey Wright International Focus Five Index.

✨ Key Features

• Focuses on international equity markets outside the United States
• Utilizes a relative strength-based methodology to select the top 5 international markets
• Rebalances and reconstitutes the portfolio on a quarterly basis
• Relatively low expense ratio of 0.00%

⚠️ Primary Risks

• Exposure to international markets, which may be subject to greater volatility and political, economic, and currency risks
• Concentration risk as the fund invests in only 5 international markets
• Reliance on the Dorsey Wright relative strength methodology, which may not always be successful
• Potential for higher trading costs due to the fund's quarterly rebalancing

👤 Best For

The First Trust Dorsey Wright International Focus 5 ETF may be suitable for investors seeking exposure to international equity markets through a strategy that aims to identify the top-performing international markets. However, due to the concentrated nature of the fund and its reliance on a proprietary methodology, it may be best suited for investors with a higher risk tolerance and a longer-term investment horizon.