First Trust Dorsey Wright Momentum Plus Dividend ETF (DDIV)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
DDIV Chart
DDIV: Substantial Losses Possible For This High Fee Momentum Plus Dividend ETF
DDIV tracks a concentrated large/mid-cap Index with a momentum focus and a dividend overlay. Its yield is 2.07%, its ER is 0.60%, and the ETF has $79 million in assets. Unique for a value fund is DDIV's 1.25 five-year beta. A historical six-year backtest also indicates substantial losses are possible, contrary to the approach taken by many dividend investors. While DDIV's risk-adjusted returns are not strong, it has outperformed its benchmark since its Index change on September 8, 2016. It might be attractive to value investors seeking quick gains.
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First Trust Dorsey Wright Momentum Plus Dividend ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 9,445 | $381,955.8 | $440,798.15 | $58,842.35 | 15.41% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 432 | $14,741 | $20,157.12 | $5,416.12 | 36.74% |
 Courtney Holt Compound Planning, Inc. | 13,004 | $494,031.44 | $615,220.54 | $121,189.1 | 24.53% |
 Christopher C. Powers Farther Finance Advisors, LLC | 282 | $10,716 | $13,344.97 | $2,628.97 | 24.53% |
 Courtney Haddad Concurrent Investment Advisors, LLC | 85,195 | $3.46M | $4.03M | $569,921.45 | 16.48% |
First Trust Dorsey Wright Momentum Plus Dividend ETF (DDIV) FAQ
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First Trust Dorsey Wright Momentum Plus Dividend ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The company in question operates a fund that primarily focuses on investing in high-dividend-yielding equity securities. This investment strategy targets at least 90% of the fund's net assets, including investment borrowings, to be allocated in the stocks composing the index it tracks. The specific index aimed at by the fund is designed to monitor the performance of the top 50 stocks, based on their dividend yield, within the NASDAQ U.S. Large Mid Index TM. Moreover, these selected stocks must also exhibit high levels of "relative strength," indicating their sustained market performance relative to their peers. Essentially, the fund's core philosophy revolves around combining income generation through dividends with the potential for capital appreciation by focusing on stocks that not only offer high yields but also show strong market performance.
Products and Services
- Equity Securities Investment
This service constitutes the bulk of the fund's operations, focusing on the acquisition of equity securities, specifically those that are part of the referenced index. The aim is to provide investors a pathway to engage with high-dividend-yielding stocks that simultaneously maintain robust relative strength, blending income with growth potential.
- Income Generation through Dividends
The definitive focus on stocks with high dividend yields serves as a dual-purpose strategy that not only attempts to ensure a steady income stream for investors through dividends but also capitalizes on the potential for yield-based growth over time. This approach is designed to appeal to investors looking for regular income supplementation while remaining engaged in equity markets.
- Investment in NASDAQ U.S. Large Mid Index TM Constituents
By directing investments into the constituents of the NASDAQ U.S. Large Mid Index TM based on their dividend yield and relative strength, the fund positions itself within a segment of the market that it believes offers an optimal balance of risk and reward. This precise focus on a subset of the index allows for a more targeted investment approach, potentially capitalizing on the growth and stability of large and mid-cap companies listed on the NASDAQ.
