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 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	DVOL vs JMOM
MMTM	SPDR S&P 1500 Momentum Tilt ETF	0.12%	163.90M	Oct 2012	DVOL vs MMTM
VFMO	Vanguard U.S. Momentum Factor ETF	0.13%	1.70B	Feb 2018	DVOL vs VFMO
SPMO	Invesco S&P 500 Momentum ETF	0.13%	22.01B	Oct 2015	DVOL vs SPMO
MTUM	iShares MSCI USA Momentum Factor ETF	0.15%	27.36B	Apr 2013	DVOL vs MTUM

Best Risk-Adjusted Alternatives to DVOL

DVOL has a PortfoliosLab risk / return rank of 25. There are 44 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
ULVM	VictoryShares US Value Momentum ETF	92	261.13M	Oct 2017	DVOL vs ULVM
SPVM	Invesco S&P 500 Value with Momentum ETF	90	117.88M	Jun 2011	DVOL vs SPVM
PTH	Invesco DWA Healthcare Momentum ETF	88	169.34M	Oct 2006	DVOL vs PTH
PIE	Invesco DWA Emerging Markets Momentum ETF	88	262.88M	Dec 2007	DVOL vs PIE
USVM	VictoryShares US Small Mid Cap Value Momentum ETF	84	1.73B	Oct 2017	DVOL vs USVM

Top Performing DVOL Alternatives (YTD)

DVOL is at 6.45% YTD. There are 44 ETFs in the Momentum category with higher YTD returns, going as high as 52.05%.

Symbol	Name	YTD Return	AUM	Inception
MTUL	ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN	52.05%	9.04M	Feb 2021	DVOL vs MTUL
QQQA	ProShares Nasdaq-100 Dorsey Wright Momentum ETF	49.46%	81.18M	May 2021	DVOL vs QQQA
PTF	Invesco Dorsey Wright Technology Momentum ETF	42.60%	752.12M	Oct 2006	DVOL vs PTF
PIE	Invesco DWA Emerging Markets Momentum ETF	36.43%	262.88M	Dec 2007	DVOL vs PIE
PXI	Invesco DWA Energy Momentum ETF	29.02%	64.78M	Oct 2006	DVOL vs PXI

Lowest Volatility Alternatives to DVOL

DVOL has 11.69% 1-year volatility. There are 3 ETFs in the Momentum category with lower 1-year volatility, going as low as 10.83%.

Symbol	Name	Volatility 1Y	AUM	Inception
ULVM	VictoryShares US Value Momentum ETF	10.83%	261.13M	Oct 2017	DVOL vs ULVM
VAMO	Cambria Value and Momentum ETF	11.18%	106.10M	Sep 2015	DVOL vs VAMO
SPVM	Invesco S&P 500 Value with Momentum ETF	11.48%	117.88M	Jun 2011	DVOL vs SPVM
SMOM	Symmetry Panoramic Sector Momentum ETF	12.55%	43.72M	Sep 2025	DVOL vs SMOM
PSL	Invesco DWA Consumer Staples Momentum ETF	13.23%	84.77M	Oct 2006	DVOL vs PSL

Lowest Drawdown Alternatives to DVOL

DVOL has a 1-year max drawdown of -9.82%. There are 11 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%	106.10M	Sep 2015	DVOL vs VAMO
ULVM	VictoryShares US Value Momentum ETF	-6.47%	261.13M	Oct 2017	DVOL vs ULVM
SPVM	Invesco S&P 500 Value with Momentum ETF	-6.57%	117.88M	Jun 2011	DVOL vs SPVM
ONEO	SPDR Russell 1000 Momentum Focus ETF	-7.37%	28.92M	Dec 2015	DVOL vs ONEO
JMOM	JPMorgan U.S. Momentum Factor ETF	-7.87%	2.51B	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 14 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	34	28.87%	14.26B	Jul 2015	DVOL vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	58	19.10%	11.74B	Nov 2009	DVOL vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	66	23.60%	10.80B	Mar 2014	DVOL vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	4	-7.65%	132.86M	Feb 2012	DVOL vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	76	15.23%	7.48B	Mar 2006	DVOL vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-7.95%	510.89M	Mar 2021	DVOL vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	94	86.56%	2.46B	Sep 2016	DVOL vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	44	17.47%	4.34B	Aug 2012	DVOL vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	54	20.15%	718.18M	Feb 2007	DVOL vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	34	8.48%	3.40B	Mar 2018	DVOL vs KNG

Often Compared With DVOL

Investors most often compare DVOL with SPY, DDIV, QQQ. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	66	10.45%	783.21B	Jan 1993	DVOL vs SPY
DDIV	First Trust Dorsey Wright Momentum & Dividend ETF	Momentum, Mid Cap Value Equities, Dividend	60	12.53%	69.06M	Mar 2014	DVOL vs DDIV
QQQ	Invesco QQQ ETF	Nasdaq-100	58	16.13%	481.14B	Mar 1999	DVOL vs QQQ
BDGS	Bridges Capital Tactical ETF	Large Cap Blend Equities	76	5.76%	42.09M	May 2023	DVOL vs BDGS
DGRW	WisdomTree U.S. Quality Dividend Growth Fund	Dividend, Large Cap Growth Equities	53	8.61%	16.82B	May 2013	DVOL vs DGRW
SVOL	Simplify Volatility Premium ETF	Volatility	27	2.12%	538.77M	May 2021	DVOL vs SVOL
ACIO	Aptus Collared Income Opportunity ETF	Diversified Portfolio	47	6.34%	2.14B	Jul 2019	DVOL vs ACIO
TBG	TBG Dividend Focus ETF	Large Cap Value Equities	65	13.26%	172.39M	Nov 2023	DVOL vs TBG
BCUS	Bancreek U.S. Large Cap ETF	Large Cap Blend Equities	34	11.53%	96.41M	Dec 2023	DVOL vs BCUS
VOO	Vanguard S&P 500 ETF	S&P 500	66	10.45%	1.70T	Sep 2010	DVOL vs VOO
THIR	THOR Index Rotation ETF	Tactical Allocation	46	5.99%	168.93M	Sep 2024	DVOL vs THIR
FLLV	Franklin Liberty U.S. Low Volatility ETF	Volatility Hedged Equity	91	13.64%	112.15M	Sep 2016	DVOL vs FLLV
SIXH	6 Meridian Hedged Equity-Index Option Strategy ETF	Volatility Hedged Equity	76	11.08%	488.90M	May 2020	DVOL vs SIXH
FDMO	Fidelity Momentum Factor ETF	Momentum, Large Cap Growth Equities	52	13.14%	956.75M	Sep 2016	DVOL vs FDMO
QLV	FlexShares US Quality Low Volatility Index Fund	Volatility Hedged Equity	72	8.01%	161.88M	Jul 2019	DVOL vs QLV
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	50	14.98%	7.45B	Mar 2005	DVOL vs XMMO
QLVD	FlexShares Developed Markets ex-US Quality Low Vol...	Volatility Hedged Equity	32	6.00%	53.11M	Jul 2019	DVOL vs QLVD
SEIM	SEI Enhanced US Large Cap Momentum Factor ETF	Momentum, Large Cap Blend Equities	67	17.37%	989.57M	May 2022	DVOL vs SEIM
PDP	Invesco Dorsey Wright Momentum ETF	Momentum, Mid Cap Growth Equities	48	19.64%	1.56B	Mar 2007	DVOL vs PDP
VMOT	Alpha Architect Value Momentum Trend ETF	Momentum, Global Equities	65	12.86%	22.05M	May 2017	DVOL vs VMOT

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