First Trust Expands its Dorsey Wright Strategies ETF Lineup with three First Trust Dorsey Wright Momentum Plus ETFs
First Trust announced today that three First Trust Dorsey Wright Momentum Plus ETFs began trading on The Nasdaq Stock Market LLC. The funds seek investment results that correspond generally to the price and yield (before the funds’ fees and expenses) of the Dorsey Wright Momentum Plus Indexes. The rules-based equity indexes are designed to select securities based on individual stock momentum using Dorsey, Wright & Associates' (DWA) proprietary relative strength methodology, plus a fundamental factor (value, dividend yield or volatility).
The three ETFs are listed below:
- First Trust Dorsey Wright Momentum & Dividend ETF (Nasdaq: DDIV)
- First Trust Dorsey Wright Momentum & Value ETF (Nasdaq: DVLU)
- First Trust Dorsey Wright Momentum & Low Volatility ETF (Nasdaq: DVOL)