(FV) Dorsey Wright Focus 5 - Overview
ETF Category: Mid-Cap Blend | Exchange: NASDAQ (USA) | Market Cap: 3.741m USD | Total Return: 26.7% in 12m
Avg Turnover: 4.73M
Warnings
Fakeout
Tailwinds
Supp Ema8
The First Trust Dorsey Wright Focus 5 ETF (FV) utilizes a fund of funds structure, allocating at least 90% of its assets into five specific First Trust sector-based ETFs. The selection process is governed by a relative strength momentum strategy, which identifies sectors demonstrating the highest price performance relative to the broader market. This model relies on technical analysis rather than fundamental valuation to rotate capital into outperforming industries.
The underlying index filters the selection universe based on liquidity and trading volume to ensure efficient execution during rebalancing. Sector-based ETFs typically offer concentrated exposure to specific industry groups, such as technology or healthcare, allowing investors to target cyclical trends without selecting individual equities. For a deeper dive into the valuation metrics of the funds top holdings, consider reviewing the data on ValueRay.
- Relative performance of First Trust sector ETFs determines underlying portfolio composition
- Relative strength momentum strategy dictates frequent rebalancing and higher turnover costs
- Sector concentration increases volatility compared to broad market equity benchmarks
- Broad equity market liquidity impacts bid-ask spreads for constituent sector ETFs
- Macroeconomic shifts trigger rapid rotation between defensive and cyclical sector allocations
As of May 31, 2026, the stock is trading at USD 72.24 with a total of 51,187 shares traded.
Over the past week, the price has changed by +2.32%,
over one month by +10.52%,
over three months by +10.63% and
over the past year by +26.70%.
Dorsey Wright Focus 5 has no consensus analysts rating.