First Trust Dorsey Wright Focus 5 ETF
FV
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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
- Mar 6, 2014
- CIK
- 0001552740
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that provides targeted exposure to five First Trust sector and industry exchange-traded funds selected according to Nasdaq Dorsey Wright's proprietary relative strength methodology, which emphasizes momentum by ranking eligible ETFs based on price performance relative to peers. The fund tracks the Nasdaq Dorsey Wright Focus Five Index (DWANQFF) and invests at least 90% of its net assets in the selected ETFs, currently including First Trust Utilities AlphaDEX Fund (FXU), First Trust Financials AlphaDEX Fund (FXO), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), First Trust Dow Jones Internet Index Fund (FDN), and First Trust Nasdaq Semiconductor ETF (FTXL); these holdings represent approximately 99.97% of the portfolio, with equal weighting rebalanced periodically to maintain focus on top performers across sectors such as utilities, financials, industrials, internet, and semiconductors. Managed by First Trust Advisors L.P., founded in 1991 and headquartered in Wheaton, Illinois, the ETF was launched on March 6, 2014, and primarily serves individual investors, financial advisors, and institutions seeking tactical sector rotation strategies in U.S. and global equity markets. The fund operates with a net expense ratio of 0.87% and total assets under management exceeding $3.5 billion as of late 2025, with shares trading on Nasdaq; it focuses on mid-cap blend investment style and exhibits high portfolio turnover due to momentum-driven rebalancing. In recent developments, the ETF continues quarterly distributions, with the latest declaration in September 2025 at $0.2262 per share, supporting income-oriented investors amid sustained inflows into active ETFs; portfolio holdings have dynamically rotated, notably incorporating First Trust Nasdaq Semiconductor ETF (FTXL) and reflecting adaptive sector shifts driven by relative strength, such as reduced exposure to prior laggards like oil & gas in favor of technology and consumer discretionary themes as of mid-2025 rebalances.