FVC ETF — First Trust Dorsey Wright Dynamic Focus 5 ETF

First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC)

Updated October 16, 2026.

FVC is an ETF. its distribution rate is 0.00%, its trailing-12-month yield is 0.77%, its expense ratio is 0.87%. Dividend Vision Distribution Safety Score™ is 46/100 (Caution). Total return is 131.7% over the past 10.6 years, 210.1 points behind SPY at 341.8%.

First Trust Dorsey Wright Dynamic Focus 5 ETF is a fund that invests at least 80% of its assets in a selection of five ETFs chosen by the index provider for their perceived potential to outperform a broader universe of ETFs, providing concentrated equity exposure through a fund-of-funds structure. The fund carries a modest current distribution rate with quarterly distributions and an expense ratio of 0.87%. It may appeal to equity investors seeking diversified exposure through a focused group of actively selected ETFs rather than broad market tracking.

FVC performance versus SPY

Price and return data through 2026-10-16.

Total return is 131.7% over the past 10.6 years, 210.1 points behind SPY at 341.8%. Over the past year its total return — price change plus distributions reinvested — is 18.5%. Its deepest 1-year drawdown was 13.3%.

FVC key facts

Distribution Safety Score™

46 · Caution

Safety-Adjusted Yield

0.35%

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

03/17/2016

Expense ratio

0.87%

Distribution rate

0.00%

Distribution frequency

Quarterly

Trailing yield

0.77%

Last close

$42.19 (as of 2026-10-16)

AUM

$111,313,544

Average volume

4155.0

Dividend

$0.001

Ex-dividend date

06/25/2026

Payment date

06/30/2026

Beta

1.21

How Dividend Vision calculates yield and returns

Distribution rate (0.00%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.77%) 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.

FVC risks and drawbacks

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 13.3%.

Who may consider FVC — and who may not

It is a weaker fit for investors who need monthly cash flow (FVC 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 FVC

• All tickers starting with F

Frequently asked questions

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