First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) Alternatives

First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) belongs to the Volatility Hedged Equity category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DVOL. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to DVOL

DVOL charges 0.60% annually. Among ETFs in the Volatility Hedged Equity category, these options have the lowest expense ratios among DVOL alternatives.

Symbol	Name	Expense Ratio	Inception
LGLV	SPDR SSGA US Large Cap Low Volatility Index ETF	0.12%	Feb 20, 2013	DVOL vs LGLV
SMLV	SPDR SSGA US Small Cap Low Volatility Index ETF	0.12%	Feb 20, 2013	DVOL vs SMLV
ONEV	SPDR Russell 1000 Low Volatility Focus ETF	0.20%	Dec 2, 2015	DVOL vs ONEV
QLV	FlexShares US Quality Low Volatility Index Fund	0.22%	Jul 15, 2019	DVOL vs QLV
IDLV	Invesco S&P International Developed Low Volatility...	0.25%	Jan 13, 2012	DVOL vs IDLV

Best Risk-Adjusted Alternatives to DVOL

Among ETFs in the Volatility Hedged Equity category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
LVHI	Legg Mason International Low Volatility High Divid...	95	Jul 27, 2016	DVOL vs LVHI
EELV	Invesco S&P Emerging Markets Low Volatility ETF	85	Jan 13, 2012	DVOL vs EELV
IDLV	Invesco S&P International Developed Low Volatility...	83	Jan 13, 2012	DVOL vs IDLV
FLLV	Franklin Liberty U.S. Low Volatility ETF	82	Sep 20, 2016	DVOL vs FLLV
VSMV	VictoryShares US Multi-Factor Minimum Volatility E...	79	Jun 22, 2017	DVOL vs VSMV

Top Performing DVOL Alternatives (YTD)

DVOL alternatives from the Volatility Hedged Equity category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
LVHI	Legg Mason International Low Volatility High Divid...	10.54%	Jul 27, 2016	DVOL vs LVHI
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	7.67%	May 11, 2020	DVOL vs SIXH
FLLV	Franklin Liberty U.S. Low Volatility ETF	7.36%	Sep 20, 2016	DVOL vs FLLV
LVHD	Legg Mason Low Volatility High Dividend ETF	6.93%	Dec 29, 2015	DVOL vs LVHD
SMLV	SPDR SSGA US Small Cap Low Volatility Index ETF	5.10%	Feb 20, 2013	DVOL vs SMLV

Lowest Volatility Alternatives to DVOL

DVOL alternatives from the Volatility Hedged Equity category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
EJAN	Innovator Emerging Markets Power Buffer ETF Januar...	9.85%	Jan 1, 2020	DVOL vs EJAN
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	10.99%	May 11, 2020	DVOL vs SIXH
LVHD	Legg Mason Low Volatility High Dividend ETF	12.07%	Dec 29, 2015	DVOL vs LVHD
EELV	Invesco S&P Emerging Markets Low Volatility ETF	12.26%	Jan 13, 2012	DVOL vs EELV
QLVD	FlexShares Developed Markets ex-US Quality Low Vol...	12.43%	Jul 15, 2019	DVOL vs QLVD

Lowest Drawdown Alternatives to DVOL

DVOL alternatives from the Volatility Hedged Equity category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
EJAN	Innovator Emerging Markets Power Buffer ETF Januar...	-7.51%	Jan 1, 2020	DVOL vs EJAN
QLVD	FlexShares Developed Markets ex-US Quality Low Vol...	-8.15%	Jul 15, 2019	DVOL vs QLVD
EELV	Invesco S&P Emerging Markets Low Volatility ETF	-8.22%	Jan 13, 2012	DVOL vs EELV
IDLV	Invesco S&P International Developed Low Volatility...	-8.26%	Jan 13, 2012	DVOL vs IDLV
LVHD	Legg Mason Low Volatility High Dividend ETF	-8.52%	Dec 29, 2015	DVOL vs LVHD

Other ETFs from First Trust

Most popular First Trust ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Technology Equities, Cybersecurity	12	-12.12%	Jul 7, 2015	DVOL vs CIBR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	5	-11.19%	Feb 14, 2012	DVOL vs NFTY
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	94	6.96%	Nov 17, 2009	DVOL vs GRID
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	79	15.49%	Mar 9, 2006	DVOL vs FDL
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	95	12.74%	Mar 10, 2014	DVOL vs AIRR
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	84	5.99%	Mar 2, 2021	DVOL vs IGLD
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	77	-2.96%	Aug 14, 2012	DVOL vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	25	1.24%	Mar 26, 2018	DVOL vs KNG
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	28	-11.00%	Feb 21, 2018	DVOL vs ROBT
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	87	4.23%	Feb 8, 2007	DVOL vs QCLN

Often Compared With DVOL

What investors most often compare with DVOL, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	DVOL vs SPY
DGRW	WisdomTree U.S. Dividend Growth Fund	Large Cap Growth Equities, Dividend	49	-1.50%	May 22, 2013	DVOL vs DGRW
QQQ	Invesco QQQ ETF	Large Cap Growth Equities	69	-5.93%	Mar 10, 1999	DVOL vs QQQ
DDIV	First Trust Dorsey Wright Momentum & Dividend ETF	Mid Cap Value Equities, Dividend	28	-2.41%	Mar 10, 2014	DVOL vs DDIV
SPMO	Invesco S&P 500 Momentum ETF	S&P 500	66	-5.78%	Oct 9, 2015	DVOL vs SPMO
SVOL	Simplify Volatility Premium ETF	Volatility, Actively Managed	17	-7.92%	May 12, 2021	DVOL vs SVOL
BDGS	Bridges Capital Tactical ETF	Large Cap Blend Equities	73	-1.41%	May 10, 2023	DVOL vs BDGS
MTUM	iShares MSCI USA Momentum Factor ETF	Large Cap Blend Equities	59	-4.04%	Apr 16, 2013	DVOL vs MTUM
ACIO	Aptus Collared Income Opportunity ETF	Diversified Portfolio, Actively Managed	48	-3.83%	Jul 10, 2019	DVOL vs ACIO
TBG	TBG Dividend Focus ETF	Large Cap Value Equities	38	5.08%	Nov 6, 2023	DVOL vs TBG
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	DVOL vs VOO
BCUS	Bancreek U.S. Large Cap ETF	Large Cap Blend Equities	33	-1.04%	Dec 20, 2023	DVOL vs BCUS
THIR	THOR Index Rotation ETF	Tactical Allocation	91	-3.75%	Sep 23, 2024	DVOL vs THIR
SYLD	Cambria Shareholder Yield ETF	Mid Cap Value Equities, Dividend, Actively Managed	58	9.10%	May 14, 2013	DVOL vs SYLD
EFAV	iShares Edge MSCI Min Vol EAFE ETF	Foreign Large Cap Equities	88	5.94%	Oct 18, 2011	DVOL vs EFAV
HEQT	Simplify Hedged Equity ETF	Options Trading	82	-1.40%	Nov 1, 2021	DVOL vs HEQT
IDVO	Amplify International Enhanced Dividend Income ETF	Foreign Large Cap Equities, Dividend, Actively Managed	91	7.15%	Sep 8, 2022	DVOL vs IDVO
CGDV	Capital Group Dividend Value ETF	Large Cap Value Equities, Dividend	78	-2.26%	Feb 22, 2022	DVOL vs CGDV
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	52	12.79%	Oct 20, 2011	DVOL vs SCHD
VFLO	Victoryshares Free Cash Flow ETF	Large Cap Value Equities	56	0.38%	Jun 21, 2023	DVOL vs VFLO

Compare DVOL with Any Fund or Stock

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

Symbol name

First Trust Dorsey Wright Momentum & Low Volatility ETF

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