First Trust Dorsey Wright DALI 1 ETFFirst Trust Dorsey Wright DALI 1 ETFFirst Trust Dorsey Wright DALI 1 ETF

First Trust Dorsey Wright DALI 1 ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪111.00 M‬USD
Fund flows (1Y)
‪−42.13 M‬USD
Dividend yield (indicated)
0.88%
Discount/Premium to NAV
1.7%

About First Trust Dorsey Wright DALI 1 ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
1.07%
Inception date
May 14, 2018
Index tracked
Nasdaq Dorsey Wright DALI1 Index
Management style
Passive
DALI uses a fund-of-funds structure to cycle through four different asset classes (US equity, international equity, commodities, and fixed income) based upon the momentum of the components. The asset classes are evaluated twice monthly using point-and-figure charting, and the class with the greatest relative strength becomes the focus for that rebalance period. DALI only offers exposure to one asset class at a time. The equity and fixed income classes are represented by a mix of First Trust ETFs using either Dorsey Wrights relative strength methodology or First Trusts AlphaDEX methodology. The commodities asset class is represented by a single actively managed commodities fund. Given the frequent rebalances and all-or-nothing methodology, investors should be prepared for drastic swings in exposure.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Capital appreciation
Strategy
Momentum
Weighting scheme
Momentum
Selection criteria
Momentum
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.92%
Cash0.08%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.