First Trust Dorsey Wright Momentum & Value ETF seeks to track large and mid-cap U.S. stocks showing value and momentum characteristics.

First Trust Dorsey Wright Momentum & Value ETF (NASDAQ:DVLU) is an exchange-traded fund that focuses on leveraging the investment strategies developed by Dorsey, Wright & Associates. It specifically aims to track the performance of stocks demonstrating both value and momentum characteristics, as identified through the proprietary methodology of Dorsey Wright. The ETF employs a systematic approach to invest in large and mid-capitalization U.S. stocks, seeking to blend the potential for outperformance inherent in both value and momentum investing. Its objective is to offer investors a unique portfolio that can potentially capture growth through market cycles while attempting to mitigate risks associated with market volatility. Through its strategic investments, First Trust Dorsey Wright Momentum & Value ETF aims to deliver long-term capital growth to its shareholders.
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