DDIV
First Trust Dorsey Wright Momentum & Dividend ETF
The First Trust Dorsey Wright Momentum & Dividend ETF (formerly the First Trust RBA Quality Income ETF) tracks the Dorsey Wright Momentum Plus Dividend Yield Index, a rules-based equity index which holds the 50 highest dividend yielding stocks within the NASDAQ US Large Mid Cap Index that maintain high levels of relative strength.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
66.2 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust Advisors LP |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 10, 2014 |
| Assets (mns) | $66 |
| Expense ratio | 60 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| SIMON PROPERTY GROUP INC | 5.2 % |
| ANTERO MIDSTREAM PARTNERS LP | 5.0 % |
| TRUIST FINANCIAL CORPORATION | 4.8 % |
| KINDER MORGAN INC | 4.5 % |
| HASBRO INC | 4.3 % |
| TPG INC | 3.8 % |
| WILLIAMS COS INC | 3.4 % |
| ENTERGY CORP | 2.9 % |
| JEFFERIES FINANCIAL GROUP INC. | 2.8 % |
| WELLS FARGO & CO | 2.8 % |
Constituent Breakdown
| Number of holdings | 51 |
| Herfindahl-Hirschman Index | 271 |
| Wgt avg mkt cap (mns) | $79,048 |
| Large cap (>$10bn) | 84.3% |
| Mid cap ($2-10bn) | 10.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.9% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 90.8 % |
 |
IRELAND | 5.3 % |
 |
PUERTO RICO | 2.6 % |
 |
SWITZERLAND | 1.1 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.2% | 5.3% | 21.1% | 10.0% | 13.3% | 6.5% | -- | 6.0% |
| Dividend Yield | 0.4% | 0.4% | 1.9% | 2.6% | 2.9% | 2.8% | -- | 2.8% |
| Total Returns | 4.6% | 5.7% | 23.0% | 12.6% | 16.1% | 9.4% | -- | 8.8% | Ann. Volatility | 20.2% | 20.0% | 17.3% | 17.0% | 19.1% | 19.9% | -- | 19.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.96 | 62% |
| MSCI EAFE | 0.64 | 36% |
| MSCI Emg Mkts | 0.42 | 18% |
Liquidity Measures
| Avg. volume (000) | 4 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| Recent close | $38.94 |
| 30d moving avg. | $39.56 |
| Annualized volatility | 15.8% |
| Relative strength (RSI) | 52 |
| Short interest | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| DVLU | First Trust Dorsey Wright Momentum & Value ETF | 40.7% | 0 bp | +6.6% |
| DVOL | First Trust Dorsey Wright Momentum & Low Volatility ETF | 38.1% | 0 bp | +4.3% |
| PFI | Invesco Dorsey Wright Financial Momentum ETF | 20.4% | 0 bp | +5.3% |
| KBWB | Invesco KBW Bank ETF | 16.6% | -25 bp | +8.3% |
| AMOM | Qraft AI-Enhanced U.S. Large Cap Momentum ETF | 16.4% | +15 bp | +3.0% |
| ULVM | VictoryShares US Value Momentum ETF | 16.2% | -40 bp | +7.5% |
| SEIM | SEI Enhanced U.S. Large Cap Momentum Factor ETF | 15.7% | -45 bp | +4.3% |
| FNCL | Fidelity MSCI Financials Index ETF | 15.7% | -52 bp | +6.9% |
| NUDV | Nuveen ESG Dividend ETF | 15.5% | -34 bp | +7.7% |
| IYF | iShares U.S. Financials ETF | 15.4% | -20 bp | +6.2% |
Risk and Returns: DDIV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/18/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
DDIV
6.2%
Cat. Avg
5.8%
ALTAR Score™ Calculation
Category Overview
There are 1003 funds in the US Equity category, with an average ALTAR Score™
of 5.8% and a standard deviation of
2.4%. DDIV's ALTAR Score™ is approximately
0.2 standard deviations
above
the category average. This places DDIV in the 57th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
DDIVSELL
U/W
HOLD
O/W
BUY