A Popular First Trust ETF That Owns ETFs With Relative Strength
December 14, 2022 at 08:00 AM EST
Advisors have historically been hesitant to use an ETF that holds other ETFs inside, with broad asset allocation strategies struggling to gain traction. However, the First Trust Dorsey Wright Focus 5 ETF (FV) is a rare exception. This Nasdaq index-based momentum strategy, which invests in five First Trust sector and industry ETFs, has $3.2 billion [...] The post A Popular First Trust ETF That Owns ETFs With Relative Strength appeared first on ETF Trends .