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ETFs

First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Focus 5 ETF

FV
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 6, 2014
Expense Ratio
0.9%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$7,722,377
AUM
$3,060,921,087
Associated Index
Dorsey Wright Focus 5 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

FXR
First Trust Exchange-Traded Fund III - First Trust Industrials/Producer Durables AlphaDEX Fund
20.47%
FXD
First Trust Exchange-Traded Fund III - First Trust Consumer Discretionary AlphaDEX Fund
20.03%
QTEC
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Technology Sector Index Fund
19.95%
FDN
First Trust Exchange-Traded Fund III - First Trust Dow Jones Internet Index Fund
19.77%
FTXL
First Trust Exchange-Traded Fund III - First Trust Nasdaq Semiconductor ETF
19.53%
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US Dollar
0.25%
Invest with FV
Trade FV Options

What is FV?

This exchange-traded fund (ETF) seeks investment results that correspond generally to the price and yield (before the fund s fees and expenses) of an equity index called the Dorsey Wright Focus Five Index. The Dorsey Wright Focus Five Index is designed to provide targeted exposure to the five First Trust sector and industry based ETFs that DWA believes offer the greatest potential to outperform the other ETFs in the selection universe.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

FV
Performance Measures**

for the time period Mar 6, 2014 to Dec 4, 2025

Returns

1M Trailing Return: 2.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -34.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 20.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.60

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.32

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFV

ETFs correlated to FV include LGRO, GAUG, XAUG

FV
First Trust Exchange-Traded Fund III - First Trust Dorsey Wright Focus 5 ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
VFMO
Vanguard Group, Inc. - Vanguard U.S. Momentum Factor ETF
FTC
First Trust Exchange-Traded Fund III - First Trust Large Capital Growth AlphaDEX Fund
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
FNY
First Trust Exchange-Traded Fund III - First Trust Mid Cap Growth AlphaDEX Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

FV is a US Equities ETF. This exchange-traded fund (ETF) seeks investment results that correspond generally to the price and yield (before the fund s fees and expenses) of an equity index called the Dorsey Wright Focus Five Index. The Dorsey Wright Focus Five Index is designed to provide targeted exposure to the five First Trust sector and industry based ETFs that DWA believes offer the greatest potential to outperform the other ETFs in the selection universe.

FV tracks the Dorsey Wright Focus 5 Index.

No, FV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FV is -0.0309%. This is the percent change in the value of FV over the most recent 1-month period. The 3-month return on FV is -0.0346%. This is the percent change in the value of FV over the most recent 3-month period.

The standard deviation of FV for the past year is 0.2125%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FV include XLI, XLY, and XLV.

ETFs correlated to FV include LGRO, GAUG, and XAUG.

ETFs that are inversely correlated to FV include RWM, TWM, and TZA.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.