ATLASFirst Trust Dorsey Wright Focus 5 ETF (FV): outlook, holdings and fees
First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.89% and the yield is 0.35%. The ten largest holdings are 100% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FV
| Last price | $74.09 (-1.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $72.48 – $76.47 |
| Normal 1-day range (±1σ) | ±0.9% |
| Distribution yield | 0.35% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FV fund facts
| Issuer | First Trust |
|---|---|
| Theme | Other strategies |
| Assets under management | $3.9B |
| Expense ratio | 0.89% |
| Number of holdings | 5 |
| Portfolio turnover | 103% |
| Inception | Mar 5, 2014 |
| Exchange | NASDAQ |
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.
FV top holdings
| Holding | Sector | Weight |
|---|---|---|
| First Trust Nasdaq Oil & Gas ETF FTXN | – | 20.33% |
| First Trust Nasdaq Pharmaceuticals ETF FTXH | – | 19.45% |
| First Trust NYSE Arca Biotechnology Index Fund FBT | – | 20.49% |
| First Trust Technology AlphaDEX® Fund FXL | – | 20.32% |
| First Trust Exchange-Traded Fund - First Trust NASDAQ-100-Technology Sector Index Fund QTEC | – | 19.77% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FV sector breakdown
| Sector | Weight |
|---|---|
| Healthcare | 41.2% |
| Technology | 35.0% |
| Energy | 19.5% |
| Communication Services | 2.4% |
| Consumer Cyclicals | 1.0% |
| Industrials | 0.7% |
| Basic Materials | 0.1% |
By region: North America 98.4%, Europe Developed 1.3%, Asia Emerging 0.4%.
FV returns and risk
| Year to date | +18.5% |
|---|---|
| 1 year | +21.2% |
| 3 years (annualised) | +19.7% |
| 5 years (annualised) | +10.9% |
| 10 years (annualised) | +13.0% |
| Volatility (3 years) | 17.4% |
| Sharpe ratio (3 years) | 0.81 |
Past returns do not guarantee future results.
FV: frequently asked questions
What does FV invest in?
First Trust Dorsey Wright Focus 5 ETF invests in a portfolio of securities. Its largest holdings are First Trust Nasdaq Oil & Gas ETF (20.3%), First Trust Nasdaq Pharmaceuticals ETF (19.5%), First Trust NYSE Arca Biotechnology Index Fund (20.5%), First Trust Technology AlphaDEX® Fund (20.3%), First Trust Exchange-Traded Fund - First Trust NASDAQ-100-Technology Sector Index Fund (19.8%).
What is the FV expense ratio?
0.89% a year: about $89.00 for every $10,000 invested.
What is the FV dividend yield?
0.35%. ATLAS does not hold the exact distribution dates for ETFs.
Will FV go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $72.48 to $76.47 from $74.09 today. It is a probability, not a prediction.
How has FV performed?
Year to date +18.5%, one year +21.2%, three years +19.7% a year, five years +10.9% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer