DVLU Alternatives & Similar ETFs

First Trust Dorsey Wright Momentum & Value ETF (DVLU) belongs to the Momentum category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DVLU. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DVLU

DVLU charges 0.60% annually. There are 26 ETFs in the Momentum category with lower expense ratios, going as low as 0.12%.

Symbol	Name	Expense Ratio	AUM	Inception
JMOM	JPMorgan U.S. Momentum Factor ETF	0.12%	2.51B	Nov 2017	DVLU vs JMOM
MMTM	SPDR S&P 1500 Momentum Tilt ETF	0.12%	190.72M	Oct 2012	DVLU vs MMTM
VFMO	Vanguard U.S. Momentum Factor ETF	0.13%	1.70B	Feb 2018	DVLU vs VFMO
SPMO	Invesco S&P 500 Momentum ETF	0.13%	21.99B	Oct 2015	DVLU vs SPMO
MTUM	iShares MSCI USA Momentum Factor ETF	0.15%	28.16B	Apr 2013	DVLU vs MTUM

Best Risk-Adjusted Alternatives to DVLU

DVLU has a PortfoliosLab risk / return rank of 69. There are 20 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
QQQA	ProShares Nasdaq-100 Dorsey Wright Momentum ETF	92	78.15M	May 2021	DVLU vs QQQA
PIE	Invesco DWA Emerging Markets Momentum ETF	92	257.92M	Dec 2007	DVLU vs PIE
FMTM	MarketDesk Focused U.S. Momentum ETF	87	170.29M	Mar 2025	DVLU vs FMTM
ULVM	VictoryShares US Value Momentum ETF	87	265.83M	Oct 2017	DVLU vs ULVM
JMOM	JPMorgan U.S. Momentum Factor ETF	85	2.51B	Nov 2017	DVLU vs JMOM

Top Performing DVLU Alternatives (YTD)

DVLU is at 10.45% YTD. There are 34 ETFs in the Momentum category with higher YTD returns, going as high as 80.89%.

Symbol	Name	YTD Return	AUM	Inception
PTF	Invesco Dorsey Wright Technology Momentum ETF	80.89%	851.02M	Oct 2006	DVLU vs PTF
MTUL	ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN	78.51%	9.32M	Feb 2021	DVLU vs MTUL
QQQA	ProShares Nasdaq-100 Dorsey Wright Momentum ETF	74.97%	78.15M	May 2021	DVLU vs QQQA
PRN	Invesco DWA Industrials Momentum ETF	50.44%	472.08M	Oct 2006	DVLU vs PRN
EEMO	Invesco S&P Emerging Markets Momentum ETF	47.80%	21.60M	Feb 2012	DVLU vs EEMO

Lowest Volatility Alternatives to DVLU

DVLU has 16.46% 1-year volatility. There are 19 ETFs in the Momentum category with lower 1-year volatility, going as low as 10.94%.

Symbol	Name	Volatility 1Y	AUM	Inception
ULVM	VictoryShares US Value Momentum ETF	10.94%	265.83M	Oct 2017	DVLU vs ULVM
VAMO	Cambria Value and Momentum ETF	11.24%	104.56M	Sep 2015	DVLU vs VAMO
SPVM	Invesco S&P 500 Value with Momentum ETF	11.64%	110.21M	Jun 2011	DVLU vs SPVM
DVOL	First Trust Dorsey Wright Momentum & Low Volatilit...	11.87%	70.53M	Sep 2018	DVLU vs DVOL
SMOM	Symmetry Panoramic Sector Momentum ETF	12.76%	43.72M	Sep 2025	DVLU vs SMOM

Lowest Drawdown Alternatives to DVLU

DVLU has a 1-year max drawdown of -12.24%. There are 31 ETFs in the Momentum category with shallower 1-year drawdowns, going as shallow as -5.55%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
VAMO	Cambria Value and Momentum ETF	-5.55%	104.56M	Sep 2015	DVLU vs VAMO
ULVM	VictoryShares US Value Momentum ETF	-6.47%	265.83M	Oct 2017	DVLU vs ULVM
SPVM	Invesco S&P 500 Value with Momentum ETF	-6.57%	110.21M	Jun 2011	DVLU vs SPVM
ONEO	SPDR Russell 1000 Momentum Focus ETF	-7.37%	28.67M	Dec 2015	DVLU vs ONEO
JMOM	JPMorgan U.S. Momentum Factor ETF	-7.87%	2.51B	Nov 2017	DVLU vs JMOM

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	18	17.18%	13.59B	Jul 2015	DVLU vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	78	29.16%	11.60B	Nov 2009	DVLU vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	6	-6.07%	136.58M	Feb 2012	DVLU vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	85	35.61%	11.14B	Mar 2014	DVLU vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	65	11.33%	9.22B	Mar 2006	DVLU vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	20	-3.67%	543.16M	Mar 2021	DVLU vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	97	129.34%	2.89B	Sep 2016	DVLU vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	61	21.87%	4.90B	Aug 2012	DVLU vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	85	46.37%	880.41M	Feb 2007	DVLU vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	28	4.17%	3.32B	Mar 2018	DVLU vs KNG

Often Compared With DVLU

Investors most often compare DVLU with DDIV, SPY, CPAI. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DDIV	First Trust Dorsey Wright Momentum & Dividend ETF	Momentum, Mid Cap Value Equities, Dividend	45	8.45%	66.72M	Mar 2014	DVLU vs DDIV
SPY	State Street SPDR S&P 500 ETF	S&P 500	68	9.74%	765.27B	Jan 1993	DVLU vs SPY
CPAI	Counterpoint Quantitative Equity ETF	Mid Cap Blend Equities	76	28.15%	337.34M	Nov 2023	DVLU vs CPAI
QQQ	Invesco QQQ ETF	Nasdaq-100	72	20.41%	493.17B	Mar 1999	DVLU vs QQQ
SPHQ	Invesco S&P 500 Quality ETF	S&P 500, Large Cap Blend Equities	77	20.05%	21.05B	Dec 2005	DVLU vs SPHQ
VOE	Vanguard Mid-Cap Value ETF	Mid Cap Value Equities	68	11.61%	36.60B	Aug 2006	DVLU vs VOE
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	74	25.95%	8.18B	Mar 2005	DVLU vs XMMO
WDC	Western Digital Corporation		100	325.59%	—	—	DVLU vs WDC
FDVV	Fidelity High Dividend ETF	Large Cap Blend Equities, Dividend	65	8.30%	9.77B	Sep 2016	DVLU vs FDVV
CVAR	Cultivar ETF	Mid Cap Value Equities	23	-1.03%	—	Dec 2021	DVLU vs CVAR
ABLD	Abacus FCF Real Assets Leaders ETF	Mid Cap Value Equities	21	5.59%	82.56M	Dec 2021	DVLU vs ABLD
FAB	First Trust Multi Cap Value AlphaDEX Fund	Mid Cap Value Equities	65	11.98%	134.06M	May 2007	DVLU vs FAB
TMDV	ProShares Russell U.S. Dividend Growers ETF	Mid Cap Value Equities, Dividend	26	7.63%	4.53M	Nov 2019	DVLU vs TMDV
FVD	First Trust Value Line Dividend Index Fund	Mid Cap Value Equities, Dividend	28	3.30%	7.93B	Aug 2003	DVLU vs FVD
VOO	Vanguard S&P 500 ETF	S&P 500	68	9.75%	1.70T	Sep 2010	DVLU vs VOO
IVLU	iShares MSCI International Value Factor ETF	Foreign Large Cap Equities	74	13.41%	4.29B	Jun 2015	DVLU vs IVLU
TPHD	Timothy Plan High Dividend Stock ETF	Mid Cap Value Equities, Dividend	41	9.36%	341.43M	Apr 2019	DVLU vs TPHD
SNPD	Xtrackers S&P ESG Dividend Aristocrats ETF	Mid Cap Value Equities	42	9.90%	2.62M	Nov 2022	DVLU vs SNPD
EQRR	ProShares Equities for Rising Rates ETF	Mid Cap Value Equities	88	27.06%	54.30M	Jul 2017	DVLU vs EQRR
PXI	Invesco DWA Energy Momentum ETF	Momentum, Energy Equities	37	22.95%	72.34M	Oct 2006	DVLU vs PXI

Compare DVLU with Any Fund or Stock

Compare DVLU with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair DVLU with funds that move differently

First Trust Dorsey Wright Momentum & Value ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DVLU.

Explore DVLU Diversifiers

First Trust Dorsey Wright Momentum & Value ETF (DVLU) Alternatives