The fund will normally invest at least 90% of its net assets (including investment borrowings) in the exchange-traded funds (ETFs) that comprise the index. The index is designed to provide targeted exposure to the five First Trust sector-based ETFs that the index provider believes offer the greatest potential to outperform the other ETFs in the selection universe and that satisfy certain trading volume and liquidity requirements.
Frequently asked questions
What is the First Trust Dorsey Wright Focus 5 ETF (FV) expense ratio?
The First Trust Dorsey Wright Focus 5 ETF funds expense ratio is 0.9%.
What is First Trust Dorsey Wright Focus 5 ETF (FV) current stock price?
As of the latest data, First Trust Dorsey Wright Focus 5 ETF stock price is $72.63, with a previous close of $72.77. First Trust Dorsey Wright Focus 5 ETF lost -$0.14 in the last trading session, representing a -0.19% loss.
Does First Trust Dorsey Wright Focus 5 ETF (FV) pay dividends?
Yes. First Trust Dorsey Wright Focus 5 ETF pays quarterly dividends with an annualized yield of 0.5% and an estimated annual payout of $0.36 per share.