- ISIN
- US33738R6962
- CUSIP
- 33738R696
- Issuer
- First Trust
- Inception Date
- Mar 10, 2014
- Region
- North America (U.S.)
- Category
- Momentum, Mid Cap Value Equities, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- Dorsey Wright Momentum Plus Dividend Yield Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
- Assets Under Management
- $67M
Share Price Chart
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Performance
DDIV Performance Chart
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is up 9.1% since the beginning of the year. DDIV is currently trading at $45 per share. Investors who bought $1,000 worth of DDIV shares 5 years ago would now be looking at an investment worth $1,646.
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Returns By Period
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) has returned 9.05% so far this year and 21.91% over the past 12 months. Over the last ten years, DDIV has returned 10.13% per year, falling short of the S&P 500 Index benchmark, which averaged 13.71% annually.
First Trust Dorsey Wright Momentum & Dividend ETF
- 1D
- 0.56%
- 1M
- 0.15%
- YTD
- 9.05%
- 6M
- 7.35%
- 1Y
- 21.91%
- 3Y*
- 21.11%
- 5Y*
- 10.48%
- 10Y*
- 10.13%
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
DDIV Monthly Returns History
Based on dividend-adjusted daily data since Mar 11, 2014, DDIV's average daily return is +0.04%, while the average monthly return is +0.83%. At this rate, an investment would double in approximately 7.0 years.
Historically, 60% of months were positive and 40% were negative. The best month was Feb 2021 with a return of +13.6%, while the worst month was Mar 2020 at -24.8%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.
On a daily basis, DDIV closed higher 52% of trading days. The best single day was Mar 26, 2020 with a return of +9.5%, while the worst single day was Mar 16, 2020 at -16.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.81% | 0.11% | -5.19% | 11.96% | -1.88% | 1.72% | 9.05% | ||||||
| 2025 | 5.11% | 0.13% | -4.53% | -4.42% | 3.82% | 2.42% | 0.25% | 2.43% | 2.86% | -2.08% | 3.72% | 2.45% | 12.23% |
| 2024 | -1.16% | 5.65% | 7.77% | -4.51% | 4.07% | -0.25% | 5.46% | 2.91% | 1.52% | 1.66% | 9.30% | -6.88% | 27.18% |
| 2023 | 6.22% | -3.10% | -5.01% | 1.19% | -5.74% | 7.92% | 3.44% | -1.57% | -3.03% | -3.45% | 8.05% | 6.06% | 9.95% |
| 2022 | -3.25% | -1.01% | 3.89% | -5.08% | 4.80% | -12.14% | 7.80% | -2.79% | -11.02% | 9.77% | 3.99% | -5.42% | -12.44% |
| 2021 | -1.09% | 13.60% | 5.13% | 6.22% | 4.29% | -2.80% | -1.65% | 3.18% | 0.49% | 4.61% | -2.71% | 6.02% | 39.96% |
Benchmark Metrics
First Trust Dorsey Wright Momentum & Dividend ETF has an annualized alpha of -0.82%, beta of 0.88, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since March 11, 2014.
- This ETF participated in 93.12% of S&P 500 Index downside but only 82.54% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.88 and R2 of 0.67, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.82%
- Beta
- 0.88
- R²
- 0.67
- Upside Capture
- 82.54%
- Downside Capture
- 93.12%
Expense Ratio
DDIV has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DDIV ranks 45 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DDIV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.32 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 2.46 | -0.51 |
| Martin ratioReturn relative to average drawdown | 7.14 | 10.92 | -3.77 |
Dividends
Dividend History
First Trust Dorsey Wright Momentum & Dividend ETF provided a 1.59% dividend yield over the last twelve months, with an annual payout of $0.72 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.72 | $0.81 | $0.84 | $0.97 | $1.03 | $0.82 | $0.65 | $0.78 | $0.68 |
Dividend yield | 1.59% | 1.94% | 2.22% | 3.18% | 3.60% | 2.43% | 2.63% | 2.93% | 3.27% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Dorsey Wright Momentum & Dividend ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.09 | ||||||
| 2025 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.28 | $0.81 |
| 2024 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.29 | $0.84 |
| 2023 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.35 | $0.97 |
| 2022 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.46 | $1.03 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.34 | $0.82 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Dorsey Wright Momentum & Dividend ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Trust Dorsey Wright Momentum & Dividend ETF was 47.56%, occurring on Mar 23, 2020. Recovery took 224 trading sessions.
The current First Trust Dorsey Wright Momentum & Dividend ETF drawdown is 0.51%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -47.56%Mar 2020 | 1mo 1d | 10mo 24d | 11mo 25dFeb 2020 - Feb 2021 |
Rate-hike selloffLate 2018 | -22.88%Dec 2018 | 4mo 4d | 5mo 28d | 10mo 2dAug 2018 - Jun 2019 |
2023 bear market2023 | -21.10%Mar 2023 | 1y 2mo | 11mo 18d | 2y 1moJan 2022 - Mar 2024 |
2025 selloff2025 | -18.97%Apr 2025 | 4mo 12d | 5mo 25d | 10mo 7dNov 2024 - Sep 2025 |
2016 correction2016 | -17.47%Jan 2016 | 9mo 1d | 4mo 15d | 1y 1moApr 2015 - Jun 2016 |
Drawdown Indicators
| DDIV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.56% | -56.78% | +9.22% |
Max Drawdown (1Y)Largest decline over 1 year | -11.31% | -9.10% | -2.21% |
Max Drawdown (3Y)Largest decline over 3 years | -18.97% | -18.90% | -0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -21.10% | -25.43% | +4.33% |
Max Drawdown (10Y)Largest decline over 10 years | -47.56% | -33.92% | -13.64% |
Current DrawdownCurrent decline from peak | -0.51% | -3.21% | +2.70% |
Average DrawdownAverage peak-to-trough decline | -6.00% | -10.71% | +4.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.07% | 2.04% | +1.03% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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