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DVOL
US33741L1089
Passive ETFEquity

DVOL ETF · First Trust Dorsey Wright Momentum & Low Volatility ETF

The DVOL Exchange Traded Fund (ETF) is provided by First Trust. It is built to track an index: Dorsey Wright Momentum Plus Low Volatility Index. The DVOL ETF provides physical exposure, so by buying it you actually own parts of all the 50 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofUS Multi-Factor1M perf.+2.02%
Last price
$36.42
1M perf.
+1.53%
1M flows
+€1.5M
AuM
€62M
E/R
0.6%
Rating
ESG Consensus®
esg grade icon
DVOL
$36.42

Performance & flows

January 8, 2026 → April 8, 2026
0-6-4-2024%FEBMARAPRFEBMARAPR
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DVOL
$36.18
+1.40%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+1.53%
+1.40%
+13.91%
+44.09%
+48.88%
+4.58%
+4.58%
+3.39%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) · 
Main characteristics
CUSIP
33741L108
ISIN
US33741L1089
AuM
€62M
E/R
0.6%
Replication rating
ESG Consensus®
esg grade icon
More details
NAV
4/8/2026
$36.18
1D NAV change
+3.26%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
50
Inception date
9/5/2018
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Product type
Benchmark
Dorsey Wright Momentum Plus Low Volatility Index
Asset class
Factors
N/A
Investment strategy
The First Trust Dorsey Wright Momentum & Low Volatility ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "Index").
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
+1.40%
+13.91%
+44.09%
+48.88%
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
USA
93.17%
Ireland
4.14%
Unavailable
2.69%
Sectors
Industrials
29.32%
Financials
21.01%
Health Care
15.60%
Consumer Staples
7.29%
Consumer Discretionary
6.55%
Real Estate
6.06%
Materials
3.68%
Utilities
3.68%
Unavailable
3.00%
Other
3.81%
Diversification
Total weight of top 15 holdings out of 50
Top 15 holdings
Data as of February 28, 2026
ENTERGY
WELLTOWER INC
MCKESSON
ENSIGN GROUP
AMERISOURCEBERGEN
WALMART INC
ROSS STORES
NORTHROP GRUMMAN
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RAYTHEON TECHNOLOGIES CORPORD
HCA HEALTHCARE
BANK OF NEW YORK MELLON
CARDINAL HEALTH
HILTON INC
VULCAN MATERIALS
CHARLES SCHWAB
Create a free account to view top holdings
More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about DVOL ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


DVOL’s has a Final Sustainability Grade of either C+, C, C-, or D.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
51.36% of holdings have positive scoring
48.82% of holdings have negative scoring
6.77%
33.70%
10.89%
40.21%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
Replication information
Index
Dorsey Wright Momentum Plus Low Volatility GTR Index - USD
Index ticker
DWAMLVT Index
Index dividend policy
GTR
Replication method
Replication model
More replication analysis are available, exclusively in Trackinsight Enterprise

Issuer

First Trust
First Trust ID Card
Number of funds
406
Total AuM
€214.78B
Expense ratio range
0.15% - 13.69%
Average expense ratio
0.7998%

Frequently asked questions about DVOL

What does First Trust Dorsey Wright Momentum & Low Volatility ETF, DVOL, invest in?

DVOL is a Passive ETF. This ETF provides exposure to Other Large and Mid-Cap US Equities.

Which benchmark or index does DVOL replicate?

DVOL tracks the Dorsey Wright Momentum Plus Low Volatility GTR Index - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of DVOL?

DVOL carries a total expense ratio (TER) of 0.6%, indicating the annual cost for holding the fund.

When was DVOL launched?

DVOL was introduced to the market on September 5, 2018. It trades on United States

Who is the ETF issuer of DVOL?

First Trust Dorsey Wright Momentum & Low Volatility ETF, DVOL, is provided by First Trust. Learn more about First Trust here.

What is the current assets under management (AUM) of DVOL?

DVOL oversees €62M in assets as of April 8, 2026.

How has DVOL performed lately?

Based on data from April 8, 2026, DVOL returned 1.53% over the past month, 1.40% over the last three months and 3.39% year-to-date.

What are the latest inflows or outflows for DVOL?

As of April 8, 2026, DVOL recorded net flows of +€1.5M over the last month and -€9.3M year-to-date.

Does DVOL distribute dividends?

DVOL follows a distributing dividend policy, meaning it pays out income to investors. As of April 8, 2026, its 12-month trailing yield was 0.67%.

What are the main country or region exposures of DVOL?

As of February 28, 2026, DVOL has significant geographic allocations in USA and Ireland.

In which sector or theme does DVOL invest in?

As of February 28, 2026, DVOL focuses largely on Industrials, Financials and Health Care.

How many securities does DVOL hold and how diversified is it?

As of February 28, 2026, DVOL holds 50 positions in its portfolio, with 45.62% of assets concentrated in its top 15 holdings.

What are the main positions in DVOL?

As of February 28, 2026, DVOL top three holdings include ENTERGY, WELLTOWER INC and MCKESSON.

What is the base currency of DVOL?

The base currency of DVOL is USD.

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