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DVOLvsCFAETF Comparison

ETF 1
DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

This fund is part of
US Multi-Factor
+0.58%
VS
ETF 2
CFA

VictoryShares US 500 Volatility Wtd ETF

This fund is part of
US Low Volatility
+0.55%

First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) belongs to the US Multi-Factor segment. VictoryShares US 500 Volatility Wtd ETF (CFA) is part of the US Low Volatility segment. DVOL's top 3 sector exposures are Financials, Industrials and Energy. In contrast, CFA's top sector exposures are Industrials, Financials and Information Technology. DVOL is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.39% for CFA. DVOL is up 4.72% year-to-date (YTD) with -$11M in YTD flows. CFA performs better with 8.3% YTD performance, and -$24M in YTD flows. Run a side-by-side ETF comparison of DVOL and CFA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DVOL vs CFA performance and flow charts

Performance

-4.0-2.00.02.04.0%May 12May 19May 26Jun 2Jun 9

Cumulative Flows

-5 M-4 M-3 M-2 M-1 M0 M1 M2 MMay 12May 19May 26Jun 2Jun 9

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 06/12/2026
1M3MYTD1Y3Y5Y
Perf.
DVOL
CFA
+0.16%+3.21%
+5.04%+7.19%
+4.72%+8.30%
+5.30%+14.52%
+46.82%+47.53%
+43.14%+47.84%
Flows
DVOL
CFA
+$56K-$5M
+$2M-$14M
-$11M-$24M
-$7M-$55M
-$8M-$185M
-$59M-$335M
Volatility and drawdown
3M1Y3Y5Y
Volatility
DVOL
CFA
+13.86%+11.90%
+11.70%+11.02%
+12.82%+13.11%
+14.63%+15.22%
Max drawdown
DVOL
CFA
-4.74%-3.11%
-9.79%-7.11%
-11.82%-17.14%
-24.74%-20.77%
Max drawdown duration
DVOL
CFA
43d21d
123d91d
414d254d
921d752d
Trading data

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DVOL
CFA
Last sale
6/12/2026 at 1:30 PM
$36.60
$97.85
Previous close
06/11/2026
$36.31
$97.18
Consolidated volume
06/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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DVOL
CFA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/12/2026 at 1:30 PM
Live
Closed
DVOL
CFA
Last price
$36.60
$97.85
1D performance
+0.80%
+0.69%
AuM$73.28 M$538.54 M
E/R0.6%0.39%
Characteristics
DVOL
CFA
Management strategyPassivePassive
ProviderFirst TrustVictoryShares
BenchmarkDorsey Wright Momentum Plus Low Volatility IndexNasdaq Victory US Large Cap 500 Volatility Weighted Index
N° of holdings48463
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateSeptember 5, 2018July 1, 2014
ESGNoNo
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Exposure

Countries

DVOL
USA
95.38%
Other
4.62%
CFA
USA
92.11%
Other
7.89%

Sectors

DVOL
Financials
20.97%
Industrials
16.52%
Energy
13.69%
Real Estate
9.28%
Consumer Staples
7.29%
Materials
7.2%
Other
25.05%
CFA
Industrials
17.9%
Financials
16.66%
Information Techn.
13.63%
Utilities
9.01%
Health Care
8.79%
Consumer Discreti.
8.27%
Other
25.74%
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Diversification

DVOL

Total weight of top 15 holdings out of 15

43.05%
CFA

Total weight of top 15 holdings out of 15

5.83%

Top 15 holdings

Data as of April 30, 2026
DVOL
VENTAS REIT
3.19%
TJX
3.19%
OMEGA HEALTHCARE REIT
3.06%
WELLTOWER INC
3.04%
ENTERGY
2.94%
BANK OF NEW YORK MELLON
2.90%
AGNC INVESTMENT CORP
2.90%
COSTCO WHOLESALE
2.89%
AMETEK
2.82%
CBOE GLOBAL MARKETS INC
2.78%
DT MIDSTREAM INC
2.77%
JPMORGAN CHASE
2.70%
KINDER MORGAN
2.66%
ANTERO MIDSTREAM CORPORATION
2.61%
MOTOROLA SOLUTIONS
2.60%
CFA
LOEWS
0.41%
FIRSTENERGY
0.41%
WEC ENERGY GROUP INC
0.41%
DUKE ENERGY
0.41%
BERKSHIRE HATHWAY
0.40%
AMEREN
0.40%
ALLIANT ENERGY
0.40%
DTE ENERGY
0.39%
ATMOS ENERGY
0.39%
EVERGY
0.39%
CMS ENERGY
0.38%
CENTERPOINT ENERGY
0.38%
SOUTHERN
0.36%
IE000S9YS762
0.36%
TJX
0.36%
Frequently asked questions about DVOL and CFA

How have the DVOL and CFA ETFs performed in 2026?

As of June 12, 2026, DVOL is up 4.72% year-to-date (YTD), while CFA has returned 8.3%. That puts CFA better performer ahead so far this year.

Which ETF is attracting more investor money: DVOL or CFA?

Year-to-date, the DVOL ETF saw -$11M in flows, compared to -$24M for CFA.

Which ETF is more volatile: DVOL or CFA?

Over the past year, DVOL had a volatility of 11.7%, while CFA experienced 11.02%.

Which ETF is bigger: DVOL or CFA?

As of June 12, 2026, DVOL holds $73.28 M in assets under management (AUM), while CFA manages $538.54 M.

What sectors do the DVOL and CFA ETFs invest in?

DVOL leans toward sectors like Financials, Industrials and Energy. Meanwhile, CFA focuses on Industrials, Financials and Information Technology.

What are the top holdings of the DVOL ETF and CFA ETF?

DVOL top holdings include VENTAS REIT, TJX and OMEGA HEALTHCARE REIT. CFA holds in its top three: LOEWS, FIRSTENERGY and WEC ENERGY GROUP INC.

Which ETF is more diversified: DVOL or CFA?

DVOL holds 48 securities with 43.05% of its assets in the top 15. CFA has 481 securities and a top 15 weight of 5.83%.

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