First Trust is selling for under 61.56 as of the 17th of December 2024; that is 0.81 percent decrease since the beginning of the trading day. The etf's lowest day price was 61.42. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the exchange-traded funds that comprise the index. Dorsey Wright is traded on NASDAQ Exchange in the United States. More on First Trust Dorsey
Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo
Transfer Agent
The Bank of New York Mellon Corporation
Fiscal Year End
30-Sep
Exchange
NASDAQ
Number of Constituents
6.0
Market Maker
Susquehanna
Total Expense
0.9
Management Fee
0.3
Country Name
USA
Returns Y T D
19.87
Name
First Trust Dorsey Wright Focus 5 ETF
Currency Code
USD
Open Figi
BBG005YW3DP1
In Threey Volatility
22.13
1y Volatility
14.94
200 Day M A
57.0533
50 Day M A
59.9865
Code
FV
Updated At
16th of December 2024
Currency Name
US Dollar
First Trust Dorsey [FV] is traded in USA and was set up on 2014-03-05. The fund is currently listed under Mid-Cap Blend category as part of First Trust family of funds. The entity is thematically classified as Strategy ETFs. First Trust Dorsey currently have 2.59 B in assets under management (AUM). , while the total return for the last 3 years was 9.2%.
Check First Trust Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Dorsey Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Dorsey. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of First Trust Dorsey is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.