- ISIN
- US33738R8786
- CUSIP
- 33738R878
- Issuer
- First Trust
- Inception Date
- Mar 18, 2016
- Region
- North America (U.S.)
- Category
- Momentum, Tactical Allocation
- Leveraged
- 1x (No leverage)
- Index Tracked
- Dorsey Wright Dynamic Focus Five Index
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $104M
Highlights
- Avg. Volume (1M)
- 2K
- Avg. Volume Value (1M)
- $80.21K
Share Price Chart
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Performance
FVC Performance Chart
First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is up 10.8% since the beginning of the year. FVC is currently trading at $40 per share. Investors who bought $1,000 worth of FVC shares 5 years ago would now be looking at an investment worth $1,188.
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Returns By Period
First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) has returned 10.83% so far this year and 14.30% over the past 12 months. Over the last ten years, FVC has returned 7.68% per year, falling short of the S&P 500 Index benchmark, which averaged 13.10% annually.
First Trust Dorsey Wright Dynamic Focus 5 ETF
- 1D
- 1.66%
- 1M
- -7.97%
- 6M
- 3.33%
- YTD
- 10.83%
- 1Y
- 14.30%
- 3Y*
- 6.71%
- 5Y*
- 3.51%
- 10Y*
- 7.68%
- ALL TIME*
- 7.97%
Benchmark (S&P 500 Index)
- 1D
- 1.66%
- 1M
- -0.82%
- 6M
- 6.72%
- YTD
- 8.65%
- 1Y
- 16.89%
- 3Y*
- 17.46%
- 5Y*
- 11.09%
- 10Y*
- 13.10%
- ALL TIME*
- 8.07%
FVC Monthly Returns History
Based on dividend-adjusted daily data since Mar 18, 2016, FVC's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +14.7%, while the worst month was Mar 2020 at -13.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FVC closed higher 54% of trading days. The best single day was Mar 13, 2020 with a return of +8.8%, while the worst single day was Mar 12, 2020 at -10.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.28% | -1.73% | -7.44% | 10.60% | 8.09% | 5.20% | -7.97% | 10.83% | |||||
| 2025 | 2.79% | -2.42% | -3.72% | -1.22% | 1.24% | 1.76% | 0.77% | 0.80% | 0.59% | 0.07% | 0.65% | 0.97% | 2.12% |
| 2024 | 0.29% | 3.77% | 1.58% | -4.64% | 3.10% | 4.12% | -1.50% | 1.01% | 2.26% | -0.87% | 6.71% | -3.47% | 12.43% |
| 2023 | 2.01% | -2.07% | -5.26% | -1.36% | -0.98% | 4.84% | 3.09% | -3.65% | -5.88% | -4.50% | 5.58% | 4.44% | -4.59% |
| 2022 | -4.13% | -0.08% | 1.31% | -4.37% | 4.59% | -7.28% | 5.07% | -0.20% | -5.70% | 5.93% | 0.95% | -1.27% | -6.03% |
| 2021 | 0.90% | 5.59% | 3.32% | 3.44% | 1.01% | 1.70% | 0.07% | 1.51% | -4.72% | 7.08% | -0.98% | 1.57% | 21.92% |
Benchmark Metrics
First Trust Dorsey Wright Dynamic Focus 5 ETF has an annualized alpha of -2.16%, beta of 0.81, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since March 18, 2016.
- This ETF participated in 91.73% of S&P 500 Index downside but only 73.10% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -2.16% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -2.16%
- Beta
- 0.81
- R²
- 0.68
- Upside Capture
- 73.10%
- Downside Capture
- 91.73%
Expense Ratio
FVC has an expense ratio of 0.71%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FVC ranks 36 for risk / return — above 36% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) 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.
| FVC | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.24 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | 1.86 | -0.79 |
| Martin ratioReturn relative to average drawdown | 3.66 | 7.90 | -4.24 |
Dividends
Dividend History
First Trust Dorsey Wright Dynamic Focus 5 ETF provided a 1.36% dividend yield over the last twelve months, with an annual payout of $0.55 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.55 | $0.93 | $0.29 | $0.62 | $0.53 | $0.04 | $0.06 | $0.29 | $0.06 | $0.16 | $0.15 |
Dividend yield | 1.36% | 2.57% | 0.78% | 1.89% | 1.50% | 0.09% | 0.21% | 1.07% | 0.24% | 0.63% | 0.67% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Dorsey Wright Dynamic Focus 5 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.32 | $0.93 |
| 2024 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.29 |
| 2023 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.24 | $0.62 |
| 2022 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.27 | $0.53 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.04 |
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 Dynamic Focus 5 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 Dynamic Focus 5 ETF was 30.96%, occurring on Mar 23, 2020. Recovery took 174 trading sessions.
The current First Trust Dorsey Wright Dynamic Focus 5 ETF drawdown is 7.97%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-30.96%Mar 2020 | 1mo 2d | 8mo 9d | 9mo 11dFeb 2020 - Nov 2020 | COVID crash2020 |
-26.48%Dec 2018 | 3mo 26d | 1y 1mo | 1y 5moAug 2018 - Feb 2020 | Rate-hike selloffLate 2018 |
-22.62%Oct 2023 | 1y 11mo | 1y 1mo | 3y 9dNov 2021 - Nov 2024 | — |
-14.75%Apr 2025 | 4mo 4d | 9mo 3d | 1y 1moDec 2024 - Jan 2026 | 2025 selloff2025 |
-13.32%Mar 2026 | 1mo 29d | 1mo 7d | 3mo 6dJan 2026 - May 2026 | — |
Drawdown Indicators
| FVC | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.96% | -56.78% | +25.82% |
Max Drawdown (1Y)Largest decline over 1 year | -13.32% | -9.10% | -4.22% |
Max Drawdown (3Y)Largest decline over 3 years | -14.75% | -18.90% | +4.15% |
Max Drawdown (5Y)Largest decline over 5 years | -22.62% | -25.43% | +2.81% |
Max Drawdown (10Y)Largest decline over 10 years | -30.96% | -33.92% | +2.96% |
Current DrawdownCurrent decline from peak | -7.97% | -2.26% | -5.71% |
Average DrawdownAverage peak-to-trough decline | -7.02% | -10.70% | +3.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.91% | 2.14% | +1.77% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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