DDIV ETF — First Trust Dorsey Wright Momentum & Dividend ETF

First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)

Updated October 16, 2026.

DDIV is an ETF. its distribution rate is 1.58%, its trailing-12-month yield is 1.66%, its expense ratio is 0.60%. Dividend Vision Distribution Safety Score™ is 85/100 (Safe). Total return is 212.7% over the past 12.6 years, 191.7 points behind SPY at 404.4%.

First Trust Dorsey Wright Momentum & Dividend ETF is an ETF that tracks an index of the 50 highest-dividend-yield stocks from the NASDAQ U.S. Large Mid Index that also exhibit strong relative strength, investing at least 90% of its assets in these underlying equities. The fund carries a modest current distribution rate paid quarterly and has an expense ratio of 0.60%. It appeals primarily to income-focused investors seeking exposure to dividend-paying large and mid-cap equities with above-average price momentum.

DDIV performance versus SPY

Price and return data through 2026-10-16.

Total return is 212.7% over the past 12.6 years, 191.7 points behind SPY at 404.4%. Over the past year its total return — price change plus distributions reinvested — is 16.8%. Its deepest 1-year drawdown was 11.3%.

DDIV key facts

Distribution Safety Score™

85 · Safe

Safety-Adjusted Yield

1.34%

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

03/10/2014

Expense ratio

0.60%

Distribution rate

1.58%

Distribution frequency

Quarterly

Trailing yield

1.66%

Last close

$44.57 (as of 2026-10-16)

AUM

$71,364,885

Average volume

1700.0

Dividend

$0.176

Ex-dividend date

09/24/2026

Payment date

09/30/2026

Beta

0.92

How Dividend Vision calculates yield and returns

Distribution rate (1.58%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.66%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company 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.

DDIV risks and drawbacks

DDIV'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. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.3%.

Who may consider DDIV — and who may not

DDIV may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (DDIV pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DDIV

• All tickers starting with D

Frequently asked questions

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