First Trust Dorsey Wright Focus 5 ETF
FV

$57.56

2.84%

Market Cap: $3.77B

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

41% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 22

3% more funds holding

Funds holding: 282 [Q1] → 291 (+9) [Q2]

8.48% less ownership

Funds ownership: 71.76% [Q1] → 63.28% (-8.48%) [Q2]

13% less capital invested

Capital invested by funds: $2.72B [Q1] → $2.38B (-$346M) [Q2]

17% less funds holding in top 10

Funds holding in top 10: 12 [Q1] → 10 (-2) [Q2]

26% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 116

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Research analyst outlook

We haven’t received any recent analyst ratings for FV.

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Financial journalist opinion

Positive

InvestorPlace

2 months ago

The 3 Best Fund-of-Funds ETFs to Buy for a Diversified Portfolio in 2024

Almost a year ago to the day, I wrote about the best fund-of-funds ETFs to buy for 2023. It's time to follow up the effort with three more for 2024.

Negative

Seeking Alpha

5 months ago

FV: Examining The First Trust Dorsey Wright FOF ETF

First Trust Dorsey Wright Focus 5 ETF is a fund-of-funds managed by First Trust that invests only in other First Trust ETFs. Here, I review the FV ETF and perform several comparisons to other ETFs commonly held by investors. Based on comparing the FV ETF against two index-based ETFs and then one momentum-investing ETF, I see little, if any, value in holding this ETF, thus my Sell rating.

Neutral

ETF Trends

9 months ago

A Pending BlackRock ETF to Watch

Even with $2.4 trillion in ETF assets spread across more than 400 ETFs, there's a pending offering from BlackRock that caught my eye. Before I lose you, dear reader, I'm not talking about the hopefully soon-to-be-approved iShares Bitcoin Trust.

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First Trust Dorsey Wright Focus 5 ETFFV