First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)

First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is an exchange-traded fund in the Mid Cap Value category. It has $75.28M in assets, an expense ratio of 0.60% and a 1.57% dividend yield. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is designed to track the overall performance of the 50 stocks with the highest dividend yield comprising the NASDAQ U.S. Large Mid Index TM that still maintain high levels of "relative strength."