ETF Copilot
Multi-factor

Is DVOL a good investment?

Updated October 9, 2026

First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) is a multi-factor ETF. As of October 9, 2026, ETF Copilot scores DVOL 4.5 out of 10 — highest on Risk (7.9), lowest on Return (2.2). It trades at 21.5 times earnings, against its own median of 25.3. Its ten largest holdings are 30% of the fund.

What stands out in DVOL's data

Large and mid-sized US stocks screened for recent price trends and low volatility.

A multi-factor sleeve that adds momentum and low-volatility exposure to a US portfolio.

How is DVOL rated? ETF Copilot scores First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) 4.5 out of 10

As of October 9, 2026, ETF Copilot scores First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) 4.5 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 4.5 / 10
  • Growth: 3.3 / 10
  • Value: 7.0 / 10
  • Risk: 7.9 / 10
  • Quality: 3.5 / 10
  • Return: 2.2 / 10

Is DVOL expensive right now? It trades at 21.5 times earnings, against its own median of 25.3

As of October 9, 2026, DVOL is cheaper than 82% of its own 98 monthly readings since 2018 — 18 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside DVOL?

What's inside DVOL: Size (Large 53%, Mid 47%, Small 0%); Geography (International 2%, US 98%); Tech 6.6%; Magnificent 7 2.7%; AI 1.3%.

What are DVOL's top holdings? The ten largest are 30% of the fund

Ametek, Bank of NEW York Mellon, Simon Property, Wabtec, Principal Financial, Welltower, Ross Stores, Hilton Worldwide, Abbvie and Lamar Advertising are DVOL's largest holdings, in that order.

More concentrated than 78% of Multi-factor ETFs.

Half of DVOL's weight sits in its 18 largest positions, and once those weights are taken into account it behaves like 44 equally weighted holdings.

What is DVOL's expense ratio? 0.60% a year

As of October 9, 2026, DVOL charges 0.60% a year, yields 0.84% and holds $74M in assets across 50 positions.

First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) — cost, income and size
MeasureDVOL
Expense ratio0.60%
Dividend yield0.84%
Assets under management$74M
Holdings50

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/dvol

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