DVOL vs. FMDE ETF Comparison
Comparison of First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) to Fidelity Enhanced Mid Cap ETF (FMDE)
DVOL
First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL Description
The investment 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 Low Volatility 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 index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.
Grade (RS Rating)
Last Trade
$33.08
Average Daily Volume
5,779
48
FMDE
Fidelity Enhanced Mid Cap ETF
FMDE Description
The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.Grade (RS Rating)
Last Trade
$31.88
Average Daily Volume
98,316
9
Performance
| Period | DVOL | FMDE |
|---|---|---|
| 30 Days | 1.31% | 2.38% |
| 60 Days | 7.20% | 8.25% |
| 90 Days | 8.96% | 8.99% |
| 12 Months | 34.24% |
1 Overlapping Holdings
| Symbol | Grade | Weight in DVOL | Weight in FMDE | Overlap | |
|---|---|---|---|---|---|
| SPG | A | 1.15% | 0.99% | 0.99% |
DVOL Overweight 47 Positions Relative to FMDE
| Symbol | Grade | Weight | |
|---|---|---|---|
| RSG | C | 3.28% | |
| V | C | 3.06% | |
| MA | A | 3.06% | |
| MMC | D | 3.03% | |
| CW | A | 2.99% | |
| LIN | B | 2.91% | |
| WMT | A | 2.86% | |
| MSI | A | 2.84% | |
| TJX | D | 2.81% | |
| OTIS | A | 2.79% | |
| BRO | A | 2.65% | |
| AMP | A | 2.64% | |
| CTAS | C | 2.59% | |
| JPM | D | 2.52% | |
| CACI | A | 2.5% | |
| COST | C | 2.44% | |
| REGN | D | 2.42% | |
| AIG | F | 2.36% | |
| TRV | C | 2.3% | |
| AFL | A | 2.27% | |
| OKE | A | 2.22% | |
| HLT | B | 2.06% | |
| WELL | C | 1.98% | |
| WAB | B | 1.97% | |
| MCK | F | 1.94% | |
| RGA | C | 1.86% | |
| GWW | B | 1.69% | |
| MAR | B | 1.67% | |
| ENSG | D | 1.55% | |
| PKG | B | 1.48% | |
| PTC | D | 1.45% | |
| AOS | B | 1.43% | |
| MSFT | D | 1.43% | |
| TDG | B | 1.38% | |
| AXP | B | 1.33% | |
| CPRT | C | 1.32% | |
| SF | A | 1.26% | |
| HLI | B | 1.23% | |
| GS | D | 1.2% | |
| TRGP | A | 1.19% | |
| USFD | C | 1.16% | |
| TW | A | 1.16% | |
| ITT | C | 1.05% | |
| IR | B | 0.95% | |
| AAPL | C | 0.94% | |
| TXRH | C | 0.92% | |
| WFC | F | 0.91% |
DVOL: Top Represented Industries & Keywords
FMDE: Top Represented Industries & Keywords
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