# First Trust Dorsey Wright DALI Equity ETF (DALI): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/dali for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: First Trust · Asset class: Sector Equity - Strategy: Passive Index · Inception: 2018-05-14 The First Trust Dorsey Wright DALI Equity ETF is designed to deliver investment performance that generally aligns with the total return (price appreciation and income distributions) of the Nasdaq Dorsey Wright DALI Equity Index (referred to as the "Index"), before accounting for the ETF's own operational costs. Under ordinary circumstances, the Fund commits a minimum of 90% of its net assets – which includes any capital obtained through borrowing – to investing in the specific equity securities that constitute the Index. ## Key Facts | Metric | Value | |---|---| | Price | $27.12 | | Expense Ratio | 0.30% | | Assets Under Management | $93.4M | | NAV | $27.07 | | Holdings Count | 6 | | Distribution Yield (TTM) | 1.66% | | Annual Distribution (TTM) | $0.45 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $26.65 – $31.46 | | Beta | 1.17 | ## Latest Distribution - Amount: $0.1465 /share - Ex-date: 2026-09-24 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does DALI invest in? The First Trust Dorsey Wright DALI Equity ETF is designed to deliver investment performance that generally aligns with the total return (price appreciation and income distributions) of the Nasdaq Dorsey Wright DALI Equity Index (referred to as the "Index"), before accounting for the ETF's own operational costs. Under ordinary circumstances, the Fund commits a minimum of 90% of its net assets – which includes any capital obtained through borrowing – to investing in the specific equity securities that constitute the Index. ### What is the expense ratio of DALI? First Trust Dorsey Wright DALI Equity ETF (DALI) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is DALI? First Trust Dorsey Wright DALI Equity ETF (DALI) manages $93.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is DALI actively managed or an index fund? DALI is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (DALI's is 0.30%) because there's no security selection cost. ### When was DALI launched? First Trust Dorsey Wright DALI Equity ETF (DALI) launched in May 2018 and is managed by First Trust. ### How has DALI performed? DALI's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does DALI pay a dividend? First Trust Dorsey Wright DALI Equity ETF (DALI) currently distributes little or no income. Trailing-twelve-month yield is 1.66%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does DALI pay dividends? First Trust Dorsey Wright DALI Equity ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is DALI's dividend yield? DALI's trailing-twelve-month yield is 1.66%, calculated from the sum of dividends over the past year divided by the current price. ### When is DALI's next ex-dividend date? The most recently announced ex-dividend date for DALI was 2026-09-24. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will DALI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.30% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does DALI charge its expense ratio? The expense ratio is deducted in tiny daily slices from DALI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does DALI cost more than a fund like VOO? DALI is a passive index fund (current expense ratio 0.30%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to DALI? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as DALI (0.30%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/dali - Distribution history: https://www.dividenddata.com/funds/dali/dividend - Holdings & diversification: https://www.dividenddata.com/funds/dali/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/dali/expenses - Peer comparison: https://www.dividenddata.com/funds/dali/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.