First Trust Dorsey Wright DALI Equity ETF
DALI
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- May 15, 2018
- CIK
- 0001552740
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Dorsey Wright DALI 1 ETF (DALI) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before the fund's fees and expenses, of the Nasdaq Dorsey Wright DALI Equity Index. The fund invests at least 90% of its net assets in U.S.-listed exchange-traded funds and other exchange-traded products that comprise the index, which allocates to the highest-ranked "Sleeve Index" among U.S. equity and international equity based on the Nasdaq Dorsey Wright Dynamic Asset Level Investing tool; the U.S. equity sleeve consists of 35% core holdings in First Trust Large Cap Growth AlphaDEX Fund and First Trust Small Cap Growth AlphaDEX Fund, and 65% tactical holdings in the Dorsey Wright Focus Five Index, while the international equity sleeve includes 35% core holdings in First Trust Developed Markets ex-US AlphaDEX Fund and First Trust Emerging Markets AlphaDEX Fund, and 65% tactical holdings in the Dorsey Wright International Focus Five Index. Launched on May 14, 2018, and listed on Nasdaq, the ETF is a series of First Trust Exchange-Traded Fund VI, advised by First Trust Advisors L.P. and sponsored by First Trust Portfolios L.P., both headquartered in Wheaton, Illinois, with global exposure through its underlying ETFs targeting diversified equity markets across developed and emerging regions. The fund employs a rules-based, momentum-driven strategy with semi-monthly selections of the top-performing asset class sleeve, except monthly in December, quarterly rebalances of sleeve indexes, and periodic reconstitutions that may lead to higher portfolio turnover of approximately 123%; it features a total annual operating expense ratio of 0.90%, including 0.30% management fees and 0.60% acquired fund fees. Recent developments include routine quarterly distributions announced by First Trust Advisors L.P. in March, September, and December 2024, and March 2025, alongside board-related updates such as upcoming trustee elections announced on May 13, 2025, new board and audit committee appointments on March 13, 2024, and the appointment of Thomas J. Driscoll as an independent trustee effective in 2025, serving on the Nominating and Governance, Valuation, and Audit Committees across First Trust funds. No major acquisitions, funding rounds, strategic partnerships, new product launches, or operational reorganizations specific to DALI were reported in the last 1-2 years.