VS

Correlation: 90.8%

What is DVOL?

DVOL was created on 2018-09-05 by First Trust. The fund's investment portfolio concentrates primarily on total market equity. DVOL tracks an index of 50 large- and mid-cap", low-volatility stocks exhibiting relative strength. Holdings are weighted by the inverse of their volatility.

What is IWD?

IWD was created on 2000-05-22 by iShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 60405.17m in AUM and 870 holdings. IWD tracks an index of US large- and mid-cap value stocks. The index selects from US stocks ranked 1-1",000 by market cap.

Key Details

DVOL
IWD
Website
www.ftportfolios.com
www.ishares.com
Inception Date

Sep 05, 2018

May 22, 2000

Asset Class

Equity

Equity

Investment Segment

Total Market

Large Cap

AUM
$54.81M
$55.81B
Dividend Yield
0.82%
1.63%
Expense Ratio
0.60%
0.19%
Return 1Y
8.31%
-2.74%

Holdings

Traded Fund VI First Trust Dorsey Wright Momentum & Low Volatility ETF - DVOL is made up of 50 holdings. iShares Russell 1000 Value ETF - IWD is made up of 876 holdings.

Name
Weight
R
RSGRepublic Services, Inc.

3.91%

T
TMUST-Mobile US, Inc.

3.4%

B
BROBrown & Brown, Inc.

3.27%

W
WELLWelltower, Inc.

3.16%

V
VVisa, Inc.

3.04%

C
CBChubb Ltd.

3.03%

M
MAMastercard, Inc.

3.02%

T
TJXThe TJX Cos., Inc.

3.02%

R
RTXRTX Corp.

2.97%

R
REGRegency Centers Corp.

2.84%

F
FIFiserv, Inc.

2.82%

B
BKThe Bank of New York Mellon Corp.

2.78%

C
COSTCostco Wholesale Corp.

2.75%

W
WMTWalmart, Inc.

2.7%

W
WMBThe Williams Cos., Inc.

2.63%

M
MSIMotorola Solutions, Inc.

2.63%

K
KMIKinder Morgan, Inc.

2.52%

H
HLTHilton Worldwide Holdings, Inc.

2.36%

B
BRXBrixmor Property Group, Inc.

2.29%

P
PKGPackaging Corporation of America

2.26%

L
LNGCheniere Energy, Inc.

2.22%

U
UNMUnum Group

2.11%

T
TWTradeweb Markets, Inc.

2.08%

M
MSFTMicrosoft Corp.

2%

L
LAMRLamar Advertising Co.

1.99%

A
AMAntero Midstream Corp.

1.97%

P
PGRProgressive Corp.

1.92%

E
EHCEncompass Health Corp.

1.8%

D
DTMDT Midstream, Inc.

1.74%

A
AFLAflac, Inc.

1.71%

Name
Weight
B
BRK.BBerkshire Hathaway, Inc.

4%

J
JPMJPMorgan Chase & Co.

2.68%

X
XOMExxon Mobil Corp.

2.01%

U
UNHUnitedHealth Group, Inc.

2%

W
WMTWalmart, Inc.

1.62%

J
JNJJohnson & Johnson

1.62%

P
PGProcter & Gamble Co.

1.31%

B
BACBank of America Corp.

1.05%

P
PMPhilip Morris International, Inc.

1.05%

C
CVXChevron Corp.

1.02%

C
CSCOCisco Systems, Inc.

0.97%

A
ABTAbbott Laboratories

0.96%

I
IBMInternational Business Machines Corp.

0.92%

L
LINLinde Plc

0.91%

W
WFCWells Fargo & Co.

0.91%

M
MCDMcDonald's Corp.

0.9%

T
TAT&T, Inc.

0.86%

A
ABBVAbbVie, Inc.

0.84%

V
VZVerizon Communications, Inc.

0.8%

A
ACNAccenture Plc

0.79%

T
TMOThermo Fisher Scientific, Inc.

0.74%

R
RTXRTX Corp.

0.69%

D
DISThe Walt Disney Co.

0.67%

G
GEGE Aerospace

0.63%

S
SPGIS&P Global, Inc.

0.61%

B
BSXBoston Scientific Corp.

0.6%

N
NEENextEra Energy, Inc.

0.6%

G
GILDGilead Sciences, Inc.

0.59%

P
PFEPfizer Inc.

0.57%

C
CMCSAComcast Corp.

0.56%

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Stock Correlation

The stocks that are correlated to DVOL - Traded Fund VI First Trust Dorsey Wright Momentum & Low Volatility ETF are MET, L, PRI, PFG, MA

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
M
METMetLife, Inc.
77.68%$46.61B-6.12%3.22%
L
LLoews Corp.
76.57%$17.13B+8.33%0.31%
P
PRIPrimerica, Inc.
76.31%$8.09B+0.60%1.50%
P
PFGPrincipal Financial Group, Inc.
74.59%$15.69B-16.00%4.22%
M
MAMastercard, Inc.
74.54%$437.55B+1.64%0.58%
M
MCOMoody's Corp.
73.72%$71.36B-0.30%0.88%
P
PRUPrudential Financial, Inc.
73.65%$33.67B-16.78%5.59%
B
BRK.BBerkshire Hathaway, Inc.
73.22%$1.06T+18.80%0.00%
O
ORIOld Republic International Corp.
73.16%$8.74B+24.34%3.12%
I
ITTITT, Inc.
73.07%$9.17B-14.68%1.16%
S
SEICSEI Investments Co.
72.89%$8.44B-6.28%1.44%
B
BNBrookfield Corp.
72.81%$66.97B+8.71%0.75%
J
JHGJanus Henderson Group Plc
71.46%$4.64B-11.15%5.37%
B
BNTBrookfield Wealth Solutions Ltd.
71.43%$8.99B+8.94%0.00%
G
GSThe Goldman Sachs Group, Inc.
71.33%$143.65B+12.54%2.59%
O
OKEONEOK, Inc.
70.90%$49.16B-1.45%5.13%
F
FIFiserv, Inc.
70.77%$109.25B+25.88%0.00%
N
NDAQNasdaq, Inc.
70.69%$38.19B+4.47%1.46%
C
CNOCNO Financial Group, Inc.
70.66%$3.62B+35.08%1.79%
A
ADPAutomatic Data Processing, Inc.
70.23%$112.61B+10.70%2.12%

The stocks that are correlated to IWD - iShares Russell 1000 Value ETF are BN, MET, PNC, PFG, ITT

Name
Correlation
Market Cap
Return % (1 Year)
Div Yield %
B
BNBrookfield Corp.
79.73%$66.97B+8.71%0.75%
M
METMetLife, Inc.
79.54%$46.61B-6.12%3.22%
P
PNCThe PNC Financial Services Group, Inc.
79.05%$59.27B-7.21%4.29%
P
PFGPrincipal Financial Group, Inc.
78.61%$15.69B-16.00%4.22%
I
ITTITT, Inc.
78.61%$9.17B-14.68%1.16%
I
ITWIllinois Tool Works Inc.
78.03%$64.07B-16.82%2.70%
P
PRUPrudential Financial, Inc.
77.83%$33.67B-16.78%5.59%
S
STTState Street Corp.
77.58%$21.74B-1.71%4.05%
G
GSThe Goldman Sachs Group, Inc.
77.57%$143.65B+12.54%2.59%
B
BNTBrookfield Wealth Solutions Ltd.
76.90%$8.99B+8.94%0.00%
A
APAMArtisan Partners Asset Management, Inc.
76.83%$2.37B-26.75%8.95%
T
TFCTruist Financial Corp.
76.35%$45.58B-10.39%6.01%
S
SEICSEI Investments Co.
76.01%$8.44B-6.28%1.44%
B
BACBank of America Corp.
75.99%$266.39B-7.16%2.96%
F
FITBFifth Third Bancorp
75.94%$22.33B-8.16%4.43%
U
USBU.S. Bancorp
75.88%$56.71B-17.16%5.55%
H
HBANHuntington Bancshares, Inc.
75.81%$18.24B-11.04%5.02%
P
PHParker-Hannifin Corp.
75.79%$67.66B-6.39%1.26%
A
AVNTAvient Corp.
75.78%$2.65B-33.25%3.70%
R
RFRegions Financial Corp.
75.68%$16.61B-11.36%5.46%

ETF Correlation

The ETFs that are correlated to DVOL - Traded Fund VI First Trust Dorsey Wright Momentum & Low Volatility ETF are CFA, USMF, TDVG, VTV, IWD

Name
Correlation
AUM
Expense Ratio
C
CFAVictoryShares US 500 Volatility Wtd ETF
92.39%$474.17M0.35%
U
USMFWisdomTree U.S. Multifactor Fund
91.36%$332.99M0.28%
T
TDVGT. Rowe Price Dividend Growth ETF
91.19%$706.48M0.5%
V
VTVVanguard Value ETF
90.97%$120.99B0.04%
I
IWDiShares Russell 1000 Value ETF
90.78%$55.81B0.19%
U
USMViShares MSCI USA Min Vol Factor ETF
90.60%$22.07B0.15%
S
SCHVSchwab U.S. Large Cap Value ETF
90.52%$10.74B0.04%
D
DLNWisdomTree U.S. LargeCap Dividend Fund
90.47%$4.25B0.28%
V
VONVVanguard Russell 1000 Value Index ETF
90.47%$10.36B0.07%
I
IWXiShares Russell Top 200 Value ETF
90.44%$2.78B0.2%
M
MGVVanguard Mega Cap Value ETF
90.40%$8.03B0.07%
D
DTDWisdomTree U.S. Total Dividend Fund
90.38%$1.21B0.28%
F
FEXTraded Fund III First Trust Large Cap Core AlphaDEX Fund
90.22%$1.12B0.6%
F
FTCSTraded Fund III First Trust Capital Strength ETF
89.54%$7.86B0.54%
D
DGROiShares Core Dividend Growth ETF
89.50%$27.55B0.08%
V
VIGVanguard Dividend Appreciation FTF
89.44%$78.67B0.05%
P
PRFInvesco RAFI US 1000 ETF
89.44%$6.80B0.39%
V
VOEVanguard Mid Cap Value ETF
89.43%$15.62B0.07%
Q
QUSSPDR MSCI USA StrategicFactors SM ETF
89.43%$1.32B0.15%
V
VOVanguard Mid Cap ETF
89.11%$66.56B0.04%

The ETFs that are correlated to IWD - iShares Russell 1000 Value ETF are VONV, SCHV, VTV, PRF, IWX

Name
Correlation
AUM
Expense Ratio
V
VONVVanguard Russell 1000 Value Index ETF
99.75%$10.36B0.07%
S
SCHVSchwab U.S. Large Cap Value ETF
99.28%$10.74B0.04%
V
VTVVanguard Value ETF
98.93%$120.99B0.04%
P
PRFInvesco RAFI US 1000 ETF
98.76%$6.80B0.39%
I
IWXiShares Russell Top 200 Value ETF
98.69%$2.78B0.2%
I
IUSViShares Core S&P U.S.Value ETF
98.47%$18.24B0.04%
R
RSPInvesco S&P 500 Equal Weight ETF
98.26%$65.79B0.2%
I
IVEiShares S&P 500 Value ETF
98.18%$33.48B0.18%
S
SPYVSPDR Portfolio S&P 500 Value ETF
98.02%$22.63B0.04%
C
CFAVictoryShares US 500 Volatility Wtd ETF
97.99%$474.17M0.35%
M
MGVVanguard Mega Cap Value ETF
97.97%$8.03B0.07%
V
VOOVVanguard S&P 500 Value ETF
97.91%$4.71B0.07%
D
DGROiShares Core Dividend Growth ETF
97.84%$27.55B0.08%
V
VOEVanguard Mid Cap Value ETF
97.82%$15.62B0.07%
F
FNDXSchwab Fundamental U.S. Large Company ETF
97.75%$15.51B0.25%
V
VYMVanguard High Dividend Yield Indx ETF
97.73%$53.59B0.06%
D
DFLVDimensional US Large Cap Value ETF
97.63%$2.95B0.22%
D
DIVBiShares Core Dividend ETF
97.60%$636.93M0.05%
D
DFUVDimensional US Marketwide Value ETF
97.57%$10.10B0.21%
N
NULVNuveen ESG Large Cap Value ETF
97.29%$1.52B0.26%

Holding Overlap

DVOL - Traded Fund VI First Trust Dorsey Wright Momentum & Low Volatility ETF and IWD - iShares Russell 1000 Value ETF have a 44 holding overlap. Which accounts for a 7.8% overlap.

Number of overlapping holdings

44

% of overlapping holdings

7.79%

Name
Weight in DVOL
Weight in IWD
R
RSGRepublic Services, Inc.
3.91%0.21%
T
TMUST-Mobile US Inc
3.40%0.52%
B
BROBrown & Brown, Inc.
3.27%0.07%
W
WELLWelltower Inc.
3.16%0.38%
C
CBChubb Limited
3.03%0.49%
T
TJXTJX Companies, Inc.
3.02%0.25%
R
RTXRTX Corp
2.97%0.69%
R
REGRegency Centers Corporation
2.84%0.05%
F
FIFiserv, Inc.
2.82%0.34%
B
BKBank Of New York Mellon Corp
2.78%0.24%

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