DVLU ETF Profile

Family:	First Trust
Name:	First Trust Dorsey Wright Momentum & Value ETF

Inception Date:	5-Sep-2018
Termination Date:
Investment Objective:	The Fund seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called the Dorsey Wright Momentum Plus Value 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 Funds investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Funds 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 Value Index is a rules-based equity index that is designed to track the overall performance of the 50 most undervalued stocks within the NASDAQ US Large Mid Cap Index that maintain high levels of relative strength. The Dorsey Wright Momentum Plus Index Family (Indexes) selects securities based on individual stock momentum plus a fundamental factor (value, dividend yield or volatility). Each security in the Index must pass minimum momentum requirements and greater weights are given to securities with better factor scores.

Prospectus

Top 10 Holdings
Unum Group	UNM	3.5888%
Warner Bros. Discovery Inc.	WBD	3.3642%
Equitable Holdings Inc.	EQH	3.2568%
Cardinal Health Inc.	CAH	3.2487%
Beacon Roofing Supply Inc.	BECN	3.2477%
The Allstate Corporation	ALL	3.2138%
Chubb Limited	CB	3.1274%
The Travelers Companies Inc.	TRV	3.1172%
Ingredion Incorporated	INGR	2.9534%
Jones Lang LaSalle Incorporated	JLL	2.8314%
	Top 10 Holdings Weight:	31.9%