FVC – First Trust Dorsey Wright Dynamic Focus 5 ETF

First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) is a Tactical Allocation ETF, issued by First Trust, $111M in assets, 0.84% expense ratio.

Returns as of Oct 23, 2026: 1 week +1.9%, 1 year +6.3%.

Targets five First Trust sector/industry ETFs with greatest outperformance potential. Invests at least 80% in these component ETFs.

Top holdings

• MISL – First Trust Indxx Aerospace & Defense ETF, 23.2%
• FTXL – First Trust Nasdaq Semiconductor ETF, 20.7%
• FXU – First Trust Utilities AlphaDEX® Fund, 19.3%
• FXO – First Trust Exchange-Traded AlphaDEX Fund - First Trust Financials AlphaDEX Fund, 19.0%
• FDN – First Trust Exchange-Traded Fund - First Trust Dow Jones Internet Index Fund, 17.8%

Important ETFs