FV, NYSE

First Trust Dorsey Wright Focus 5 ETF (FV)

Price (as of September 27)

39.927USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

DFEM

Dimensional Emerging Markets Core Equity 2 ETF

-0.28

DFEV

Dimensional Emerging Markets Value ETF

-0.28

DEHP

Dimensional Emerging Markets High Profitability ETF

-0.26

DFUV

Dimensional US Marketwide Value ETF

-0.24

DFIC

Dimensional International Core Equity 2 ETF

-0.18

BUFQ

FT Cboe Vest Fund of Nasdaq-100 Buffer ETF

-0.17

DFAX

Dimensional World ex U.S. Core Equity 2 ETF

-0.17

EKG

First Trust Nasdaq Lux Digital Health Solutions ETF

-0.17

DFIS

Dimensional International Small Cap ETF

-0.16

AMOM

QRAFT AI Enhanced U.S. Large Cap Momentum ETF

-0.16

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Highest within Industry

Symbol Correlation

AFLG

First Trust Active Factor Large Cap ETF

0.25

AESR

Anfield U.S. Equity Sector Rotation ETF

0.25

AFMC

FIRST TRUST ACTIVE FACTOR MID CAP ETF

0.19

BTCR

Volt Crypto Industry Revolution and Tech ETF

0.17

AIEQ

AI Powered Equity ETF

0.16

AFSM

FIRST TRUST ACTIVE FACTOR SMALL CAP ETF

0.16

ACWV

iShares MSCI Global Min Vol Factor ETF

0.15

AIVL

WisdomTree U.S. AI Enhanced Value Fund

0.15

ACWF

iShares MSCI Global Multifactor ETF

0.15

AIQ

Global X Artificial Intelligence & Technology ETF

0.14

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Profile

Sector:
Large Growth
Industry:
Exchange Traded Funds

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the exchange-traded funds (“ETFs”) that comprise the index. The index is designed to provide targeted exposure to the five First Trust sector-based ETFs that the index provider believes offer the greatest potential to outperform the other ETFs in the selection universe and that satisfy certain trading volume and liquidity requirements.