First Trust Dorsey Wright Momentum & Dividend ETF

Frequently Asked Questions About DDIV

What are the top holdings of DDIV?

First Trust Dorsey Wright Momentum & Dividend ETF holds 51 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does DDIV have?

DDIV holds 51 positions as reported by the fund's most recent disclosure.

What sectors does DDIV invest in?

First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is DDIV most exposed to?

DDIV's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is DDIV a US-only fund?

The country allocation card on this page shows DDIV's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does DDIV invest in?

This exchange-traded fund, known as the First Trust Dorsey Wright Momentum & Dividend ETF (and previously as the First Trust RBA Quality Income ETF), is structured to replicate the financial performance, specifically the price appreciation and income generation, of its benchmark, the Dorsey Wright Momentum Plus Dividend Yield Index. This objective is pursued before accounting for the fund's operational expenses. Typically, the ETF commits a substantial portion—at least 90%—of its total net assets (which may include borrowed funds) into the stock components that constitute the aforementioned Index. Employing a passive indexing strategy, the fund endeavors to closely mirror the Index's returns prior to the deduction of fees and charges. The investment advisor aims for a high degree of synchronicity, targeting a correlation coefficient of 0.95 or higher between the fund's performance and that of the Index, again, before expenses; a value of 1.00 would denote perfect alignment. The development and ownership of this underlying Index belong exclusively to Nasdaq, Inc.