DDIV vs. DVDN ETF Comparison
Comparison of First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) to Kingsbarn Dividend Opportunity ETF (DVDN)
DDIV
First Trust Dorsey Wright Momentum & Dividend ETF
DDIV Description
The First Trust Dorsey Wright Momentum & Dividend ETF, formerly the First Trust RBA Quality Income ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Dividend Yield Index (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and was developed by Nasdaq, Inc. (the "Index Provider"). The Dorsey Wright Momentum Plus Dividend Yield Index is a rules-based equity index that is designed to track the overall performance of the 50 highest dividend yielding stocks within the NASDAQ US Large Mid Cap Index that maintain high levels of relative strength. To construct the index, Dorsey, Wright & Associates (DWA) begins with the eligible constituents of the NASDAQ US Large Mid Cap Index. These eligible constituents are determined after meeting certain criteria, including maintaining a minimum average daily dollar volume of $1 million for the 30-day period prior to evaluation. Each security is assigned a relative strength score based on its forward price momentum compared to the momentum of a broad market benchmark index. Securities that exhibit a minimum level of relative strength are eligible for inclusion in the index. Eligible securities are then ranked based upon their current dividend yield, and the top 50 securities with the highest dividend yield are selected for inclusion in the index. The securities are then weighted, with greater weights given to securities with higher dividend yields. The index is reconstituted and rebalanced quarterly.
Grade (RS Rating)
Last Trade
$39.43
Average Daily Volume
13,320
50
DVDN
Kingsbarn Dividend Opportunity ETF
DVDN Description
The fund seeks to achieve its investment objective by investing, under normal market circumstances, at least 80% of its net assets in dividend-paying companies. The adviser intends to invest a substantial portion of its assets in publicly listed equity securities of U.S. mortgage REITs and business development companies that invest in residential and commercial loans and securities, business loans to private companies, and various types of derivatives for both investment and risk management purposes. The fund is non-diversified.Grade (RS Rating)
Last Trade
$27.49
Average Daily Volume
641
14
Performance
| Period | DDIV | DVDN |
|---|---|---|
| 30 Days | 3.50% | -3.28% |
| 60 Days | 9.64% | -7.06% |
| 90 Days | 13.03% | -3.87% |
| 12 Months | 44.54% | 10.50% |
0 Overlapping Holdings
| Symbol | Grade | Weight in DDIV | Weight in DVDN | Overlap |
|---|
DDIV Overweight 50 Positions Relative to DVDN
| Symbol | Grade | Weight | |
|---|---|---|---|
| KMI | B | 4.87% | |
| AM | A | 4.79% | |
| SPG | B | 4.5% | |
| OKE | C | 4.24% | |
| WMB | A | 3.86% | |
| BRX | B | 3.68% | |
| DTM | B | 3.66% | |
| LAMR | B | 3.51% | |
| OWL | A | 3.49% | |
| JXN | A | 2.68% | |
| GS | B | 2.64% | |
| JPM | A | 2.52% | |
| ARES | B | 2.46% | |
| INGR | B | 2.45% | |
| BPOP | A | 2.37% | |
| JEF | C | 2.37% | |
| PKG | C | 2.35% | |
| HRB | A | 2.14% | |
| IRM | A | 2.11% | |
| STX | A | 2.11% | |
| WSO | B | 2.09% | |
| WELL | A | 2.03% | |
| AIG | A | 1.83% | |
| TRGP | B | 1.77% | |
| GRMN | A | 1.73% | |
| DKS | C | 1.67% | |
| ALL | A | 1.63% | |
| MTG | A | 1.61% | |
| TRV | B | 1.56% | |
| RTX | D | 1.53% | |
| SF | B | 1.51% | |
| WAL | C | 1.31% | |
| AFL | A | 1.26% | |
| CAH | A | 1.24% | |
| COF | B | 1.21% | |
| RGA | B | 1.15% | |
| NRG | A | 1.09% | |
| DELL | A | 0.98% | |
| NTAP | A | 0.96% | |
| HLI | D | 0.88% | |
| APO | C | 0.88% | |
| NOC | B | 0.87% | |
| TXRH | B | 0.85% | |
| MMC | A | 0.85% | |
| AOS | A | 0.81% | |
| TMUS | A | 0.8% | |
| MAS | B | 0.77% | |
| TSCO | F | 0.76% | |
| TJX | C | 0.73% | |
| OC | C | 0.72% |
DDIV: Top Represented Industries & Keywords
DVDN: Top Represented Industries & Keywords
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