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ETFs

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

IFV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 22 2014
Expense Ratio
1.06%
Type
Global Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$663,315
AUM
$233,748,036
Associated Index
Dorsey Wright International Focus Five Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

FJP
First Trust Exchange-Traded Fund III - First Trust Japan AlphaDEX Fund
22.16%
FLN
First Trust Exchange-Traded Fund III - First Trust Latin America AlphaDEX Fund
21.16%
NFTY
First Trust Exchange-Traded Fund III - First Trust India Nifty 50 Equal Weight ETF
20.02%
FSZ
First Trust Exchange-Traded Fund III - First Trust Switzerland AlphaDEX Fund
19.18%
FGD
First Trust Exchange-Traded Fund III - First Trust Dow Jones Global Select Dividend Index Fund
17.38%
n/a
US Dollar
0.11%
Invest with IFV

What is IFV?

The First Trust Dorsey Wright International Focus 5 ETF seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called the Dorsey Wright International Focus Five Index (the "Index"). The Fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in the exchange-traded funds ("ETFs") that comprise the Index.

ETFs related toIFV

ETFs correlated to IFV include DVYE, ILF, XAUG

IFV
First Trust Exchange-Traded Fund III - First Trust Dorsey Wright International Focus 5 ETF
DVYE
BlackRock Institutional Trust Company N.A. - iShares Emerging Markets Dividend ETF
ILF
BlackRock Institutional Trust Company N.A. - iShares Latin America 40 ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
SDIV
Global X Funds - Global X SuperDividend ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
PXH
Invesco Capital Management LLC - Invesco FTSE RAFI Emerging Markets ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF

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.

Automated Strategies
Related toIFV

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IFV using Composer

FAQ

IFV is a Global Equities ETF. The First Trust Dorsey Wright International Focus 5 ETF seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called the Dorsey Wright International Focus Five Index (the "Index"). The Fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in the exchange-traded funds ("ETFs") that comprise the Index.

IFV tracks the Dorsey Wright International Focus Five Index.

No, IFV 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, IFV 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 IFV is 0.0134%. This is the percent change in the value of IFV over the most recent 1-month period. The 3-month return on IFV is 0.0253%. This is the percent change in the value of IFV over the most recent 3-month period.

The standard deviation of IFV for the past year is 0.1901%. 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 IFV include IXJ, SMH, and URA.

ETFs correlated to IFV include DVYE, ILF, and XAUG.

ETFs that are inversely correlated to IFV include EDZ, EFZ, and EPV.

Disclaimers

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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.