{
 "ticker": "FVC",
 "name": "First Trust Dorsey Wright Dynamic Focus 5 ETF",
 "issuer": "First Trust",
 "desk": "core",
 "url": "https://etfiq.com/funds/fvc",
 "html": "https://etfiq.com/funds/fvc",
 "markdown": "https://etfiq.com/funds/fvc.md",
 "as_of": "2026-11-04",
 "verdict": "FVC tracks an index and returned +18.3% over the past year.",
 "lead": "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.",
 "category": {
  "id": "stocks",
  "name": "Stocks",
  "label": "Stock ETFs",
  "url": "https://etfiq.com/stocks/",
  "group": {
   "id": "us-stocks",
   "name": "U.S. stocks"
  },
  "segment": {
   "id": "us-mid-blend",
   "name": "U.S. mid-cap blend",
   "url": "https://etfiq.com/stocks/us-mid-blend/"
  },
  "status": "classified",
  "as_of": "2026-11-04",
  "method": "https://etfiq.com/methodology/categories"
 },
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "stocks",
  "sentence": "no other ETF tracks the index it names, so its tracking cannot be measured",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/stocks/"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+18.3%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-11-04",
   "sentence": "FVC, total return, 1 year: +18.3%, as of Nov 4, 2026.",
   "cite": {
    "value": "+18.3%",
    "as_of": "2026-11-04",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/fvc#fact-total-return-1-year",
    "text": "FVC, total return, 1 year: +18.3%, as of Nov 4, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.87%",
   "source": "485BPOS XBRL, Jan 28, 2026",
   "as_of": "2026-01-28",
   "sentence": "FVC, expense ratio: 0.87%, as of Jan 28, 2026.",
   "cite": {
    "value": "0.87%",
    "as_of": "2026-01-28",
    "source": "485BPOS XBRL, Jan 28, 2026",
    "url": "https://etfiq.com/funds/fvc#fact-expense-ratio",
    "text": "FVC, expense ratio: 0.87%, as of Jan 28, 2026."
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "5",
   "source": "the issuer\u2019s daily holdings file",
   "as_of": "2026-11-03",
   "sentence": "FVC, holdings: 5, as of Nov 3, 2026.",
   "cite": {
    "value": "5",
    "as_of": "2026-11-03",
    "source": "the issuer\u2019s daily holdings file",
    "url": "https://etfiq.com/funds/fvc#fact-holdings",
    "text": "FVC, holdings: 5, as of Nov 3, 2026."
   }
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22124.1%",
   "source": "ETFIQ",
   "as_of": "2026-11-04",
   "sentence": "FVC, below its high: \u22124.1%, as of Nov 4, 2026.",
   "cite": {
    "value": "\u22124.1%",
    "as_of": "2026-11-04",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/fvc#fact-below-its-high",
    "text": "FVC, below its high: \u22124.1%, as of Nov 4, 2026."
   }
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "0.9%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-11-04",
   "sentence": "FVC, 12-month yield, capital gains included, on its starting price: 0.9%, as of Nov 4, 2026.",
   "cite": {
    "value": "0.9%",
    "as_of": "2026-11-04",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/fvc#fact-12-month-yield-capital-gains-included-on-its-starting-price",
    "text": "FVC, 12-month yield, capital gains included, on its starting price: 0.9%, as of Nov 4, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid quarterly), ex-date Jun 25, 2026",
   "value": "$0.0006",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-06-25",
   "sentence": "FVC, last payment (paid quarterly), ex-date Jun 25, 2026: $0.0006, as of Jun 25, 2026.",
   "cite": {
    "value": "$0.0006",
    "as_of": "2026-06-25",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/fvc#fact-last-payment",
    "text": "FVC, last payment (paid quarterly), ex-date Jun 25, 2026: $0.0006, as of Jun 25, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$110m",
   "source": "issuer page, as of Nov 3, 2026",
   "as_of": "2026-11-03",
   "sentence": "FVC, net assets: $110m (issuer page, as of Nov 3, 2026).",
   "cite": {
    "value": "$110m",
    "as_of": "2026-11-03",
    "source": "issuer page, as of Nov 3, 2026",
    "url": "https://etfiq.com/funds/fvc#fact-net-assets",
    "text": "FVC, net assets: $110m (issuer page, as of Nov 3, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "what_it_tracks",
   "label": "What it tracks",
   "value": "Dorsey Wright Dynamic Focus Five Index",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Equity fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Stocks \u00b7 U.S. mid-cap blend",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.87%",
   "source": "485BPOS XBRL, Jan 28, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$42.07",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Mar 18, 2016",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$110m",
   "source": "issuer page, as of Nov 3, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "S&P 500 Index, measured by VOO, which tracks the same index",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "benchmark_named_in",
   "label": "Benchmark named in",
   "value": "its shareholder report, N-CSR, Dec 8, 2025",
   "source": null
  },
  {
   "key": "fvc_1_year_to_nov_4_2026",
   "label": "FVC, 1 year to Nov 4, 2026",
   "value": "+18.3%",
   "source": null
  },
  {
   "key": "voo_the_same_days",
   "label": "VOO, the same days",
   "value": "+14.8%",
   "source": null
  },
  {
   "key": "against_its_benchmark_1_year",
   "label": "Against its benchmark, 1 year",
   "value": "+3.5 pts",
   "source": "ETFIQ"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22124.1%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "5",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "99.9%",
   "source": null
  },
  {
   "key": "cash_not_in_the_top_ten",
   "label": "Cash, not in the top ten",
   "value": "0.1%",
   "source": null
  },
  {
   "key": "holdings_published_for",
   "label": "Holdings published for",
   "value": "Nov 3, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "holdings_as_of_the_close_of",
   "label": "Holdings as of the close of",
   "value": "Nov 3, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u22122.3%",
   "Benchmark (VOO)": "\u22121.1%",
   "Gap to VOO": "\u22121.2 pts"
  },
  {
   "window": "3 months",
   "Total return": "+1.5%",
   "Benchmark (VOO)": "\u22120.1%",
   "Gap to VOO": "+1.6 pts"
  },
  {
   "window": "6 months",
   "Total return": "+6.2%",
   "Benchmark (VOO)": "+5.0%",
   "Gap to VOO": "+1.2 pts"
  },
  {
   "window": "Year to date",
   "Total return": "+15.7%",
   "Benchmark (VOO)": "+13.4%",
   "Gap to VOO": "+2.3 pts"
  },
  {
   "window": "1 year",
   "Total return": "+18.3%",
   "Benchmark (VOO)": "+14.8%",
   "Gap to VOO": "+3.5 pts"
  },
  {
   "window": "3 years",
   "Total return": "+42.7%",
   "Benchmark (VOO)": "+83.3%",
   "Gap to VOO": "\u221240.6 pts"
  },
  {
   "window": "5 years",
   "Total return": "+15.9%",
   "Benchmark (VOO)": "+75.5%",
   "Gap to VOO": "\u221259.6 pts"
  },
  {
   "window": "10 years",
   "Total return": "+128.4%",
   "Benchmark (VOO)": "+333.1%",
   "Gap to VOO": "\u2212204.7 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+131.0%",
   "Benchmark (VOO)": "+346.7%",
   "Gap to VOO": "\u2212215.7 pts"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+8.2%",
   "Benchmark (VOO)": "\u2013",
   "Gap to VOO": "\u2013"
  }
 ],
 "questions": [
  {
   "q": "How has FVC performed?",
   "a": "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%."
  },
  {
   "q": "What does FVC cost?",
   "a": "The prospectus expense ratio is 0.87% a year."
  },
  {
   "q": "What does FVC hold?",
   "a": "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."
  },
  {
   "q": "How far is FVC below its high?",
   "a": "4.1% below its high of Oct 28, 2026, measured on the reinvested series to Nov 4, 2026."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Nov 4, 2026",
   "value": "$43.88 on Oct 28, 2026",
   "as_of": "2026-10-28",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 43.8809,
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Nov 4, 2026",
   "value": "$33.81 on Mar 30, 2026",
   "as_of": "2026-03-30",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 33.8116,
   "window": {
    "from": "2025-11-05",
    "to": "2026-11-04"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Nov 4, 2026, within that range",
   "value": "$42.07, 82% of the way from the low to the high",
   "as_of": "2026-11-04",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 42.0741
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "5",
   "as_of": "2026-11-04",
   "source": null
  },
  {
   "key": "top10",
   "label": "Top ten weight",
   "value": "99.9%",
   "as_of": "2026-11-04",
   "source": null
  }
 ],
 "trading": {
  "as_of": "2026-11-04",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored.",
   "$1,000: about $2.10, 0.21%, one way.",
   "$10,000: about $21, 0.21%, one way.",
   "$100,000: about $552, 0.55%, one way (estimate).",
   "Premium to NAV at the Nov 3 close: +0.02%; 95% of days within \u00b10.09%.",
   "Limit: midpoint + 9\u00a2 to buy, midpoint \u2212 9\u00a2 to sell. At the Nov 3 close of $42.40, that\u2019s $42.49 to buy and $42.31 to sell."
  ],
  "page": "https://etfiq.com/funds/fvc/trading/"
 },
 "outside_us": [
  {
   "key": "statutory",
   "label": "US tax withheld on dividends, no treaty",
   "value": "30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 30.0,
   "url": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf"
  },
  {
   "key": "treaty",
   "label": "Treaty rates on dividends (IRS table, read Oct 30, 2026)",
   "value": "65 countries, 10% to 30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 65.0,
   "url": "https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables"
  },
  {
   "key": "qii",
   "label": "FVC interest-related and short-term gain dividends",
   "value": "not read by ETFIQ"
  },
  {
   "key": "estate",
   "label": "US estate tax filing threshold, non-resident holders",
   "value": "$60,000",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/instructions/i706na",
   "number": 60000.0,
   "url": "https://www.irs.gov/instructions/i706na"
  },
  {
   "key": "dist",
   "label": "Share class",
   "value": "Distributing",
   "source": "https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section852&num=0&edition=prelim",
   "url": "https://etfiq.com/learn/non-us-holders"
  }
 ],
 "flows": {
  "as_of": "2026-11-03",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/fvc.json",
  "windows": [
   {
    "window": "1 day",
    "from": "2026-11-03",
    "to": "2026-11-03",
    "net_flow_usd": 0,
    "net_flow": "$0",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   }
  ],
  "daily_counts_start": "2026-11-02",
  "windows_without_daily_figure": [
   "1 week",
   "1 month",
   "3 months",
   "Year to date",
   "1 year"
  ]
 },
 "generated": "2026-11-05",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, FVC, stock fund, data as of Nov 4, 2026. https://etfiq.com/funds/fvc"
}