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FVC · First Trust Dorsey Wright Dynamic Focus 5 ETF

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$42.07
−0.8% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

FVC tracks an index and returned +18.3% over the past year.

Why did FVC return +138.2% from Mar 2016 to Oct 2026, against VOO’s +343.1%?Is a 0.87% fee low for a fund like FVC?What do FVC’s net flows of $0 over the since Nov 2026 mean?
Equity fund · Tracks the Dorsey Wright Dynamic Focus Five IndexExpense ratio 0.87%Fund assets $110m on Nov 3, 2026First traded Mar 18, 2016Benchmark S&P 500 Index, measured by VOO, which tracks the same indexFund page at the issuer ↗SEC filings ↗Dividend history

FVC returned +18.3% over the year to Nov 4, 2026, charges 0.87% a year and holds $110m in net assets on Nov 3, 2026.

Promise check: Not measuredNo other ETF tracks the index it names, so its tracking cannot be measured.

Compare with…Trading costsPut to the committeeaskIQ about FVCAdd to portfolioOverlapFlowsAlerts

FVC risk and return scorecard

vs VOO · Mar 2016 to Oct 2026 · 553 weekly returns · dividend-adjusted

10.6 years
FVC +138.2%, VOO +343.1%, Mar 2016 to Oct 2026, distributions reinvested.
Return
MeasureFVCVOOEdge
Total return+138.2%+343.1%VOO
Annualized+8.5%+15.0%VOO
Price return+116.0%+273.0%VOO
Risk
MeasureFVCVOOEdge
Volatility16.4%16.7%Tie
Max drawdown−30.0%−31.8%FVC (slight)
Upside capture73.3%100.0%VOO
Downside capture92.7%100.0%FVC (slight)
Risk-adjusted
MeasureFVCVOOEdge
Sharpe ratio0.430.78VOO
Sortino ratio0.591.13VOO
Alpha vs VOO
MeasureFVCVOOEdge
Alpha, a year−3.4%Not significant
Alpha t-stat−1.19
Beta to VOO0.811.00Lower beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Nov 3, 2026
Latest day
$0
Since Nov 2026
$0
No money in or out. 63 days missing.
askIQ: what do these flows mean? ↗

What you earned

FVC −2.3%, VOO −1.1%: total return over one month to Nov 4, 2026.
FVC−2.3%
VOO−1.1%
FVC +1.5%, VOO −0.1%: total return over three months to Nov 4, 2026.
FVC+1.5%
VOO−0.1%
FVC +6.2%, VOO +5.0%: total return over six months to Nov 4, 2026.
FVC+6.2%
VOO+5.0%
FVC +15.7%, VOO +13.4%: total return over the year to Nov 4, 2026.
FVC+15.7%
VOO+13.4%
FVC +18.3%, VOO +14.8%: total return over one year to Nov 4, 2026.
FVC+18.3%
VOO+14.8%
FVC +42.7%, VOO +83.3%: total return over three years to Nov 4, 2026.
FVC+42.7%
VOO+83.3%
FVC +15.9%, VOO +75.5%: total return over five years to Nov 4, 2026.
FVC+15.9%
VOO+75.5%
FVC +128.4%, VOO +333.1%: total return over ten years to Nov 4, 2026.
FVC+128.4%
VOO+333.1%
FVC +131.0%, VOO +346.7%: total return since launch to Nov 4, 2026.
FVC+131.0%
VOO+346.7%
askIQ: why did FVC return +18.3% over one year, against VOO’s +14.8%? ↗

How concentrated, and what does it cost?

Dorsey Wright Dynamic Focus Five Index
+18.3%
Total return, 1 year
Report
0.87%
Expense ratio
Report
5
Holdings
Report
−4.1%
Below its high
Report
0.9%
12-month yield, capital gains included, on its starting price
Report
$0.0006
Last payment (paid quarterly), ex-date Jun 25, 2026
Report
Sector mix
Cost against like funds
askIQ: is a 0.87% fee low for a fund like FVC? ↗

More on FVC

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Price, 1 year

$42.07−0.8%1 day, priceClose, Nov 4, 2026

Price only. Total return over the same days, distributions reinvested, was +18.3%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

FVC returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (VOO)Gap to VOO
1M Oct 5 – Nov 4, 2026−2.3%−1.1%−1.2 pts
3M Aug 5 – Nov 4, 2026+1.5%−0.1%+1.6 pts
6M May 6 – Nov 4, 2026+6.2%+5.0%+1.2 pts
YTD Dec 31, 2025 – Nov 4, 2026+15.7%+13.4%+2.3 pts
1Y Nov 4, 2025 – Nov 4, 2026+18.3%+14.8%+3.5 pts
3Y Nov 3, 2023 – Nov 4, 2026+42.7%+83.3%−40.6 pts
5Y Nov 5, 2021 – Nov 4, 2026+15.9%+75.5%−59.6 pts
10Y Nov 4, 2016 – Nov 4, 2026+128.4%+333.1%−204.7 pts
Since launch Mar 18, 2016 – Nov 4, 2026+131.0%+346.7%−215.7 pts
Since launch, annualised Mar 18, 2016 – Nov 4, 2026+8.2%––

Total returns, distributions reinvested.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Daily data · as of Nov 3, 2026

FVC: in the 2 trading days to Nov 3, 2026, nothing net moved.

1D
$0
0.0% of $110m on Nov 2, 2026
Nov 3, 2026
Since Nov 2026
$0
Nov 2, 2026 to Nov 3, 2026
Net flow each trading day
Net flow into FVC each trading day, Aug 4, 2026 to Nov 3, 2026monthly, from SEC filingsdaily, from First TrustAug 4, 2026Nov 3, 2026

FVC, net flow each trading day over the 65 sessions from Aug 4, 2026 to Nov 3, 2026: money came in on 0 days and went out on 0 days, of the 2 days with daily data; the other 63 have none. Before Nov 2, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

No money in or out. 63 days missing.

Net flow into FVC each trading day, Nov 4, 2025 to Nov 3, 2026monthly, from SEC filingsdaily, from First TrustNov 4, 2025Nov 3, 2026

FVC, net flow each trading day over the 251 sessions from Nov 4, 2025 to Nov 3, 2026: money came in on 0 days and went out on 0 days, of the 2 days with daily data; the other 249 have none. Before Nov 2, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

No money in or out. 249 days missing.

Net flow into FVC each trading day, Apr 2, 2025 to Nov 3, 2026monthly, from SEC filingsdaily, from First TrustApr 2, 2025Nov 3, 2026

FVC, net flow each trading day over the 400 sessions from Apr 2, 2025 to Nov 3, 2026: money came in on 0 days and went out on 0 days, of the 2 days with daily data; the other 398 have none. Before Nov 2, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

No money in or out. 398 days missing.

Money in, netMoney out, netMonthly basis

Daily data starts Nov 2, 2026.

How this is computed

Computed by ETFIQ from First Trust’s daily data: each day’s change in shares outstanding times the previous day’s net asset value. Percentages are of net assets at the start of each window. Numbers are net: money in less money out. Every day and month ETFIQ holds for FVC, back to Nov 2026, is in its flows file. Flows across every fund · How these flows are computed · Compare FVC with other funds in the flows tool

Every trading day, last 3 months2 days
Nov 3, 2026 $0
Nov 2, 2026 $0

Most recent first.

Week by week, last year1 week
Nov 3, 2026 $0 2 days

Net flow into FVC each week, Nov 2, 2026 to Nov 3, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.

Month by month, money in and money outNov 2026

FVC, net flow each month from Nov 2026 to Nov 2026: money came in in 0 months and went out in 0 months.

MonthInOutNet
Nov 2026 ETFIQ, the sum of its days, Nov 2 to Nov 3$0$0$0

Most recent first.

How this is computed

Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Nov 3, 2026. Last checked Nov 5, 2026.

FVC key stats

52-week high, daily closes to Nov 4, 2026 (ETFIQ)$43.88 on Oct 28, 2026
52-week low, daily closes to Nov 4, 2026 (ETFIQ)$33.81 on Mar 30, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$42.07, 82% of the way from the low to the high
Holdings5
Top ten weight99.9%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 4, 2026
Trading · FVCas of Nov 4, 2026
·
Not scored3 of 6 measured · Nov 4, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
$1,000$2.100.21%
$10,000$210.21%
$100,000 · estimate$5520.55%
Premium or discount to NAV, Nov 3 close+0.02%
−0.2%95% of days within ±0.09% · the 1% band is off this scale+0.2%
How to tradeLimit: midpoint + 9¢ to buy, midpoint − 9¢ to sell.At the Nov 3 close of $42.40, that’s $42.49 to buy and $42.31 to sell.Its holdings close before New York; its price can drift from value late in the day.
Full trading page: components, premium history, dealers →

FVC for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
FVC interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

FVC is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work
Download all holdings

FVC top ten by weight, 99.9% of the fund, of its 5 equity positions, from the holdings published by its issuer for Nov 3, 2026. An index fund holds what the index holds, so this is the index. Source: the issuer’s own daily file.

First Trust Nasdaq Pharmaceuticals ETF FTXH 22.03%
First Trust NYSE® Arca® Biotechnology Index Fund FBT 21.16%
First Trust Nasdaq Oil & Gas ETF FTXN 20.99%
First Trust Technology AlphaDEX® Fund FXL 18.53%
First Trust NASDAQ-100-Technology Sector Index Fund QTEC 17.20%
Holdings, the issuer’s own daily file ↗See all 5 holdings →Check overlap with another fund →

Source: the issuer’s own daily file. Updated each trading day. Last checked Nov 4, 2026.

About FVC

What it tracksDorsey Wright Dynamic Focus Five Index
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. mid-cap blend
Expense ratio (485BPOS XBRL, Jan 28, 2026)0.87%
Price$42.07
First tradedMar 18, 2016
Net assets (issuer page, as of Nov 3, 2026)$110mReport
Benchmark (ETFIQ, from its filings)S&P 500 Index, measured by VOO, which tracks the same index
Benchmark named inits shareholder report, N-CSR, Dec 8, 2025
FVC, 1 year to Nov 4, 2026+18.3%
VOO, the same days+14.8%
Against its benchmark, 1 year (ETFIQ)+3.5 pts
Below its high (ETFIQ)−4.1%
Holdings5
Top ten weight99.9%
Cash, not in the top ten0.1%
Holdings published for (the issuer’s daily file)Nov 3, 2026
Holdings as of the close of (the issuer’s daily file)Nov 3, 2026
Already in the S&P 500, by weight (ETFIQ)0.0%
Active share vs the S&P 500 (ETFIQ)100.0%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
IQ Investment Committee on FVC

12 seats on FVC, as of Nov 4, 2026: 1 Supports, 2 Mixed, 4 Challenges, 4 Not enough data, 1 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostMixed
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyDoes not apply
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskChallenges
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationSupports
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingMixed
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatChallenges
Put FVC to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about FVC

How has FVC performed?
Over the year to Nov 4, 2026, FVC returned +18.3% with distributions reinvested, against +14.8% for the S&P 500. Over three years the number is +42.7%.
What does FVC cost?
The prospectus expense ratio is 0.87% a year.
What does FVC hold?
5 positions as published by its issuer for Nov 3, 2026, with the top ten at 99.9% of the fund. 0% of its weight is in stocks the S&P 500 also holds.
How far is FVC below its high?
4.1% below its high of Oct 28, 2026, measured on the reinvested series to Nov 4, 2026.
Sources and dates
Prices, FVC and Benchmark (VOO)Tiingo end-of-day · Nov 4, 2026
Fee, 0.87%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $110mIssuer page · Nov 3, 2026
HoldingsHoldings, the issuer’s own daily file · Nov 3, 2026 ↗
IssuerFirst Trust page for FVC ↗
All fund filingsFund filings on SEC EDGAR ↗
First Trust’s own site ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
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ETFIQ, FVC, stock fund, data as of Nov 4, 2026. https://etfiq.com/funds/fvc

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

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FVC: FVC over 1 year: total return +18.3%, its benchmark S&P 500 Index through VOO +14.8%, +3.5 pts. Data to Nov 4, 2026.
<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/core/fvc/" title="FVC: FVC over 1 year: total return +18.3%, its benchmark S&amp;P 500 Index through VOO +14.8%, +3.5 pts. Data to Nov 4, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">FVC: FVC over 1 year: total return +18.3%, its benchmark S&amp;P 500 Index through VOO +14.8%, +3.5 pts. Data to Nov 4, 2026. Data: <a href="https://etfiq.com/funds/fvc">ETFIQ</a></figcaption>
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