DALI ETF — First Trust Dorsey Wright DALI 1 ETF

First Trust Dorsey Wright DALI 1 ETF (DALI)

DALI is an ETF. As of August 19, 2026, its distribution rate is 0.29%, its trailing-12-month yield is 1.17%, its expense ratio is 0.91%.

At the current 0.29% distribution rate, a $10,000 investment would generate approximately $29 per year, or $2.42 per month on an equivalent basis. Actual quarterly payments vary.

First Trust Dorsey Wright DALI 1 is an ETF that tracks an index designed to identify and invest in the asset class showing the highest relative strength based on current prices, with the strategy intended to capture near-term performance trends across different equity sectors and asset classes. The fund distributes a modest yield on a quarterly basis and carries an expense ratio of 0.91%. It appeals to tactical investors seeking exposure to momentum-driven equity strategies rather than traditional buy-and-hold approaches.

DALI key facts

Data as of August 19, 2026.

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

05/14/2018

Expense ratio

0.91%

Distribution rate

0.29%

Distribution frequency

Quarterly

Trailing yield

1.17%

Last close

$29.06

AUM

$102,347,512

Average volume

161.0

Last dividend

$0.2470

Ex-dividend date

06/25/2026

Payment date

06/30/2026

Beta

1.18

P/E ratio

12.9512

How Dividend Vision calculates yield and returns

Distribution rate (0.29%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.17%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: First Trust fund page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DALI risks and drawbacks

DALI's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund.

Who may consider DALI — and who may not

It is a weaker fit for investors who need monthly cash flow (DALI pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from First Trust.