First Trust Dorsey Wright Dynamic Focus 5 ETF
FVC
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 18, 2016
- CIK
- 0001552740
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is an exchange-traded fund that employs a rules-based, relative-strength strategy to dynamically allocate among five high-conviction sectors selected by the Dorsey Wright research team; it rotates holdings quarterly to focus on the strongest momentum sectors based on proprietary technical models. The ETF offers investors exposure to approximately 106 equally weighted securities across large-, mid-, and small-cap U.S. stocks within the targeted sectors, including financials, technology, consumer discretionary, industrials, healthcare, and energy when selected; it provides services such as daily liquidity, low expense ratio management (0.30% as of latest data), and tax-efficient rebalancing without dividend reinvestment mandates. Launched in 2017 and domiciled in the United States with First Trust Advisors LP as sponsor and Nasdaq as its primary exchange, FVC operates exclusively in the U.S. equity market targeting growth-oriented investors seeking momentum-driven performance. The fund maintains its core methodology without major structural changes in recent years, though it benefited from strategic enhancements in Dorsey Wright's momentum models amid 2024 market volatility, including refined sector rotation algorithms to capture tech and AI-driven rallies. No significant acquisitions, funding rounds, partnerships, or rebranding have occurred for FVC in the last 1-2 years, reflecting stability under First Trust Portfolios LP oversight; minor operational updates include expanded holdings capacity to adapt to sector shifts post-2023 inflation adjustments. Geographically focused on U.S.-listed equities, it serves retail and institutional investors through major brokerages with no international subsidiaries or parent reorganizations noted.