FV vs. GQGU

Last updated Apr 2, 2026

Compare and contrast key facts about First Trust Dorsey Wright Focus 5 ETF (FV) and GQG US Equity ETF (GQGU).

FV and GQGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FV is a passively managed fund by First Trust that tracks the performance of the Dorsey Wright Focus Five Index. It was launched on Mar 5, 2014. GQGU is an actively managed fund by GQG Partners. It was launched on Jul 14, 2025.

Performance

FV vs. GQGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Dorsey Wright Focus 5 ETF (FV) and GQG US Equity ETF (GQGU). The values are adjusted to include any dividend payments, if applicable.

FV vs. GQGU - Yearly Performance Comparison

	2026 (YTD)	2025
FV First Trust Dorsey Wright Focus 5 ETF	-3.05%	5.33%
GQGU GQG US Equity ETF	8.19%	-1.14%

Returns By Period

In the year-to-date period, FV achieves a -3.05% return, which is significantly lower than GQGU's 8.19% return.

FV

• 1D: 0.85%
• 1M: -7.00%
• YTD: -3.05%
• 6M: -1.12%
• 1Y: 11.23%
• 3Y*: 10.98%
• 5Y*: 6.71%
• 10Y*: 11.51%

GQGU

• 1D: -1.30%
• 1M: -3.10%
• YTD: 8.19%
• 6M: 6.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FV vs. GQGU - Expense Ratio Comparison

FV has a 0.87% expense ratio, which is higher than GQGU's 0.49% expense ratio.

FV

First Trust Dorsey Wright Focus 5 ETF

GQGU

GQG US Equity ETF

Return for Risk

FV vs. GQGU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FV

FV Risk / Return Rank: 31
FV Sharpe Ratio Rank: 29
FV Sortino Ratio Rank: 30
FV Omega Ratio Rank: 30
FV Calmar Ratio Rank: 33
FV Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FV vs. GQGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Focus 5 ETF (FV) and GQG US Equity ETF (GQGU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FV	GQGU	Difference
Sharpe ratio Return per unit of total volatility	0.56	—	—
Sortino ratio Return per unit of downside risk	0.92	—	—
Omega ratio Gain probability vs. loss probability	1.13	—	—
Calmar ratio Return relative to maximum drawdown	0.88	—	—
Martin ratio Return relative to average drawdown	3.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FV	GQGU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.56	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	1.02	-0.52

Correlation

The correlation between FV and GQGU is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FV vs. GQGU - Dividend Comparison

FV's dividend yield for the trailing twelve months is around 0.63%, less than GQGU's 0.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FV First Trust Dorsey Wright Focus 5 ETF	0.63%	0.63%	0.14%	0.47%	1.38%	0.11%	0.06%	0.56%	0.19%	0.67%	0.95%	0.14%
GQGU GQG US Equity ETF	0.94%	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FV vs. GQGU - Drawdown Comparison

The maximum FV drawdown since its inception was -34.04%, which is greater than GQGU's maximum drawdown of -6.65%. Use the drawdown chart below to compare losses from any high point for FV and GQGU.

Drawdown Indicators

	FV	GQGU	Difference
Max Drawdown Largest peak-to-trough decline	-34.04%	-6.65%	-27.39%
Max Drawdown (1Y) Largest decline over 1 year	-13.45%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.08%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.04%	—	—
Current Drawdown Current decline from peak	-10.02%	-3.24%	-6.78%
Average Drawdown Average peak-to-trough decline	-5.84%	-2.21%	-3.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.77%	—	—

Volatility

Volatility by Period

	FV	GQGU	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.22%	9.66%	+10.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.76%	9.66%	+11.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.38%	9.66%	+11.72%