DVOL Alternatives & Similar ETFs

First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) 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 DVOL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DVOL

DVOL charges 0.60% annually. There are 27 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%	2.50B	Nov 2017	DVOL vs JMOM
MMTM	State Street SPDR S&P 1500 Momentum Tilt ETF	0.12%	158.22M	Oct 2012	DVOL vs MMTM
VFMO	Vanguard U.S. Momentum Factor ETF	0.13%	2.00B	Feb 2018	DVOL vs VFMO
SPMO	Invesco S&P 500 Momentum ETF	0.13%	21.05B	Oct 2015	DVOL vs SPMO
SEIM	SEI Enhanced US Large Cap Momentum Factor ETF	0.15%	989.57M	May 2022	DVOL vs SEIM

Best Risk-Adjusted Alternatives to DVOL

DVOL has a PortfoliosLab risk / return rank of 35. There are 37 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
ULVM	VictoryShares US Value Momentum ETF	94	266.04M	Oct 2017	DVOL vs ULVM
SPVM	Invesco S&P 500 Value with Momentum ETF	93	130.46M	Jun 2011	DVOL vs SPVM
USVM	VictoryShares US Small Mid Cap Value Momentum ETF	91	1.77B	Oct 2017	DVOL vs USVM
XMVM	Invesco S&P MidCap Value with Momentum ETF	91	505.02M	Mar 2005	DVOL vs XMVM
PTH	Invesco DWA Healthcare Momentum ETF	90	235.21M	Oct 2006	DVOL vs PTH

Top Performing DVOL Alternatives (YTD)

DVOL is at 8.15% YTD. There are 42 ETFs in the Momentum category with higher YTD returns, going as high as 42.60%.

Symbol	Name	YTD Return	AUM	Inception
QQQA	ProShares Nasdaq-100 Dorsey Wright Momentum ETF	42.60%	69.09M	May 2021	DVOL vs QQQA
MTUL	ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN	38.03%	8.12M	Feb 2021	DVOL vs MTUL
PXI	Invesco DWA Energy Momentum ETF	32.32%	52.45M	Oct 2006	DVOL vs PXI
PTF	Invesco Dorsey Wright Technology Momentum ETF	28.31%	596.23M	Oct 2006	DVOL vs PTF
PIE	Invesco DWA Emerging Markets Momentum ETF	27.02%	228.29M	Dec 2007	DVOL vs PIE

Lowest Volatility Alternatives to DVOL

DVOL has 11.82% 1-year volatility. There are 3 ETFs in the Momentum category with lower 1-year volatility, going as low as 10.81%.

Symbol	Name	Volatility 1Y	AUM	Inception
ULVM	VictoryShares US Value Momentum ETF	10.81%	266.04M	Oct 2017	DVOL vs ULVM
VAMO	Cambria Value and Momentum ETF	11.00%	108.69M	Sep 2015	DVOL vs VAMO
SPVM	Invesco S&P 500 Value with Momentum ETF	11.40%	130.46M	Jun 2011	DVOL vs SPVM
SMOM	Symmetry Panoramic Sector Momentum ETF	12.42%	43.72M	Sep 2025	DVOL vs SMOM
ONEO	SPDR Russell 1000 Momentum Focus ETF	13.27%	29.12M	Dec 2015	DVOL vs ONEO

Lowest Drawdown Alternatives to DVOL

DVOL has a 1-year max drawdown of -9.82%. There are 10 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%	108.69M	Sep 2015	DVOL vs VAMO
ULVM	VictoryShares US Value Momentum ETF	-6.47%	266.04M	Oct 2017	DVOL vs ULVM
SPVM	Invesco S&P 500 Value with Momentum ETF	-6.57%	130.46M	Jun 2011	DVOL vs SPVM
ONEO	SPDR Russell 1000 Momentum Focus ETF	-7.37%	29.12M	Dec 2015	DVOL vs ONEO
JMOM	JPMorgan U.S. Momentum Factor ETF	-8.02%	2.50B	Nov 2017	DVOL vs JMOM

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	39	28.86%	14.31B	Jul 2015	DVOL vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Infrastructure Equities, Alternative Energy Equities, Energy Equities	49	17.75%	11.67B	Nov 2009	DVOL vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	54	19.12%	10.18B	Mar 2014	DVOL vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	8	-5.91%	118.19M	Feb 2012	DVOL vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	92	18.16%	7.77B	Mar 2006	DVOL vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	25	-6.56%	514.13M	Mar 2021	DVOL vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	91	67.20%	1.27B	Sep 2016	DVOL vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	43	14.88%	4.18B	Aug 2012	DVOL vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities, Energy Equities	39	10.48%	586.61M	Feb 2007	DVOL vs QCLN
RDVY	First Trust Rising Dividend Achievers ETF	Dividend, Large Cap Blend Equities	85	17.25%	24.89B	Jan 2014	DVOL vs RDVY

Often Compared With DVOL

Investors most often compare DVOL with DDIV, SPY, QQQ. These 20 comparison targets span 17 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	71	13.74%	79.74M	Mar 2014	DVOL vs DDIV
SPY	State Street SPDR S&P 500 ETF	S&P 500	67	10.13%	789.06B	Jan 1993	DVOL vs SPY
QQQ	Invesco QQQ ETF	Nasdaq-100	49	12.26%	452.80B	Mar 1999	DVOL vs QQQ
MTUM	iShares MSCI USA Momentum Factor ETF	Momentum, Large Cap Blend Equities	42	19.93%	25.32B	Apr 2013	DVOL vs MTUM
BDGS	Bridges Capital Tactical ETF	Tactical Allocation	64	4.35%	42.09M	May 2023	DVOL vs BDGS
DGRW	WisdomTree U.S. Quality Dividend Growth Fund	Quality Factor, Dividend, Large Cap Growth Equities	59	8.57%	16.52B	May 2013	DVOL vs DGRW
SVOL	Simplify Volatility Premium ETF	Volatility	38	1.82%	523.04M	May 2021	DVOL vs SVOL
ACIO	Aptus Collared Income Opportunity ETF	Diversified Portfolio	45	5.38%	2.38B	Jul 2019	DVOL vs ACIO
BCUS	Bancreek U.S. Large Cap ETF	Large Cap Blend Equities	34	10.48%	96.41M	Dec 2023	DVOL vs BCUS
TBG	TBG Dividend Focus ETF	Large Cap Value Equities	85	15.60%	172.39M	Nov 2023	DVOL vs TBG
VOO	Vanguard S&P 500 ETF	S&P 500	68	10.16%	1.70T	Sep 2010	DVOL vs VOO
THIR	THOR Index Rotation ETF	Tactical Allocation	41	3.97%	168.93M	Sep 2024	DVOL vs THIR
FLLV	Franklin Liberty U.S. Low Volatility ETF	Low Volatility	96	14.91%	112.15M	Sep 2016	DVOL vs FLLV
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	39	11.79%	7.18B	Mar 2005	DVOL vs XMMO
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	Equity Hedged, Options Trading	84	11.82%	488.90M	May 2020	DVOL vs SIXH
FDMO	Fidelity Momentum Factor ETF	Momentum, Large Cap Growth Equities	42	10.08%	956.75M	Sep 2016	DVOL vs FDMO
PSL	Invesco DWA Consumer Staples Momentum ETF	Momentum, Consumer Staples Equities	21	14.47%	84.71M	Oct 2006	DVOL vs PSL
QLV	FlexShares US Quality Low Volatility Index Fund	Quality Factor, Low Volatility	82	9.01%	163.65M	Jul 2019	DVOL vs QLV
QLVD	FlexShares Developed Markets ex-US Quality Low Vol...	Quality Factor, Low Volatility	65	9.60%	54.80M	Jul 2019	DVOL vs QLVD
PDP	Invesco Dorsey Wright Momentum ETF	Momentum, Mid Cap Growth Equities	31	14.75%	1.45B	Mar 2007	DVOL vs PDP

Compare DVOL with Any Fund or Stock

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

Symbol name

Diversifiers

Pair DVOL with funds that move differently

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

Explore DVOL Diversifiers

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