First Trust Dorsey Wright Momentum & Value ETF (DVLU)

First Trust Dorsey Wright Momentum & Value ETF (DVLU) is an exchange-traded fund in the Mid Cap Value category. It has $45.56M in assets, an expense ratio of 0.60% and a 0.68% dividend yield. Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 most undervalued stocks comprising the NASDAQ U.S. Large Mid Cap Index TM that exhibit high levels of "relative strength."