This list is an analysis based on recent market events. It's not an investment recommendation.
This exchange-traded fund, known as the First Trust Dorsey Wright Momentum & Dividend ETF (and previously as the First Trust RBA Quality Income ETF), is structured to replicate the financial performance, specifically the price appreciation and income generation, of its benchmark, the Dorsey Wright Momentum Plus Dividend Yield Index. This objective is pursued before accounting for the fund's operational expenses. Typically, the ETF commits a substantial portion—at least 90%—of its total net assets (which may include borrowed funds) into the stock components that constitute the aforementioned Index. Employing a passive indexing strategy, the fund endeavors to closely mirror the Index's returns prior to the deduction of fees and charges. The investment advisor aims for a high degree of synchronicity, targeting a correlation coefficient of 0.95 or higher between the fund's performance and that of the Index, again, before expenses; a value of 1.00 would denote perfect alignment. The development and ownership of this underlying Index belong exclusively to Nasdaq, Inc.
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FAQ
What is First Trust Dorsey Wright Momentum & Dividend stock price today?▼
The current price of DDIV is $46.33 USD — it has increased by +0.37% in the past 24 hours. Watch First Trust Dorsey Wright Momentum & Dividend stock price performance more closely on the chart.
What is First Trust Dorsey Wright Momentum & Dividend stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on XNAS exchange First Trust Dorsey Wright Momentum & Dividend stocks are traded under the ticker DDIV.
Is First Trust Dorsey Wright Momentum & Dividend stock price growing?▼
DDIV stock has risen by +1.85% compared to the previous week, the month change is a -1.76% fall, over the last year First Trust Dorsey Wright Momentum & Dividend has showed a +18.3% increase.
Does First Trust Dorsey Wright Momentum & Dividend pay dividends?▼
Yes, DDIV dividends are paid quarterly. The last dividend per share was 0.18 USD. As of today, Dividend Yield (FWD)% is 1.55%.
In which sector is First Trust Dorsey Wright Momentum & Dividend located?▼
First Trust Dorsey Wright Momentum & Dividend operates in the Finance & Payments sector.
When did First Trust Dorsey Wright Momentum & Dividend complete a stock split?▼
First Trust Dorsey Wright Momentum & Dividend has not had any recent stock splits.
Where is First Trust Dorsey Wright Momentum & Dividend headquartered?▼
First Trust Dorsey Wright Momentum & Dividend is headquartered in Wheaton, United States.