DVOLvsFEXETF Comparison
ETF 1
DVOL
First Trust Dorsey Wright Momentum & Low Volatility ETF
This fund is part of
US Multi-Factor
-0.34%
VS
First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) and First Trust Large Cap Core AlphaDEX Fund ETF (FEX) belong to the same industry segment: US Multi-Factor. DVOL's top 3 sector exposures are Finance, Industrials and Consumer Services. In contrast, FEX's top sector exposures are Finance, Technology and Industrials. DVOL is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.57% for FEX. DVOL is up 4.29% year-to-date (YTD) with -$11M in YTD flows. FEX performs better with 16.37% YTD performance, and -$3M in YTD flows. Run a side-by-side ETF comparison of DVOL and FEX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
DVOL vs FEX performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/08/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | DVOL FEX | -3.67%-1.74% | +2.55%+2.59% | +4.29%+16.37% | +4.86%+20.35% | +44.88%+69.57% | +29.23%+64.14% |
| Flows | DVOL FEX | +$2M+$7M | +$46K+$2M | -$11M-$3M | -$2M-$25M | -$4M-$172M | -$58M-$182M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | DVOL FEX | +10.32%+12.70% | +11.81%+13.17% | +12.91%+14.92% | +14.56%+16.93% |
| Max drawdown | DVOL FEX | -5.08%-4.19% | -9.79%-6.27% | -11.82%-19.51% | -24.74%-21.53% |
| Max drawdown duration | DVOL FEX | 23d23d | 147d47d | 414d232d | 921d757d |
Trading data
DVOL | FEX | |
Last sale 9/9/2026 at 7:59 PM | $36.01 | $135.44 |
| Previous close 09/09/2026 | $36.40 | $136.28 |
| Consolidated volume 09/09/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
DVOL | FEX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/9/2026 at 7:59 PM
Live
Closed
DVOL | FEX | |
|---|---|---|
| Last price | $36.01 | $135.44 |
| 1D performance | -1.07% | -0.62% |
| AuM | $72.78 M | $1.59 B |
| E/R | 0.6% | 0.57% |
Characteristics
DVOL | FEX | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | First Trust |
| Benchmark | Dorsey Wright Momentum Plus Low Volatility Index | NASDAQ AlphaDEX Large Cap Core Index |
| N° of holdings | 49 | 372 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 5, 2018 | May 8, 2007 |
| ESG | No | No |
Advertisement
Exposure
Countries
DVOL
USA
94.4%
Other
5.6%
FEX
USA
94.25%
Other
5.75%
Sectors
DVOL
Finance
38.96%
Industrials
21.81%
Consumer Services
10.33%
Other
28.9%
FEX
Finance
20.63%
Technology
17.32%
Industrials
14.73%
Healthcare
9.84%
Utilities
7.15%
Energy
7.07%
Other
23.26%
Advertisement
Diversification
DVOL
Total weight of top 15 holdings out of 15
43.22%
FEX
Total weight of top 15 holdings out of 15
8.37%
Top 15 holdings
Data as of July 31, 2026
DVOL
The Bank of New York Mellon Corp.
3.30%
Simon Property Group, Inc.
3.27%
Westinghouse Air Brake Technologies Corp.
3.06%
AMETEK, Inc.
2.99%
Welltower, Inc.
2.96%
Principal Financial Group, Inc.
2.88%
Ross Stores, Inc.
2.82%
Lamar Advertising Co.
2.81%
Hilton Worldwide Holdings, Inc.
2.81%
DT Midstream, Inc.
2.77%
Popular, Inc.
2.75%
Edison International
2.75%
State Street Corp.
2.72%
The Progressive Corp.
2.69%
CareTrust REIT, Inc.
2.64%
FEX
Cognizant Technology Solutions Corp.
0.69%
Accenture Plc
0.64%
PayPal Holdings, Inc.
0.63%
Regeneron Pharmaceuticals, Inc.
0.58%
ConocoPhillips
0.57%
Global Payments, Inc.
0.56%
Super Micro Computer, Inc.
0.55%
Copart, Inc.
0.54%
AT&T, Inc.
0.53%
Devon Energy Corp.
0.53%
EOG Resources, Inc.
0.52%
Verizon Communications, Inc.
0.51%
Pfizer Inc.
0.51%
Zimmer Biomet Holdings, Inc.
0.51%
General Mills, Inc.
0.50%
Frequently asked questions about DVOL and FEX
How have the DVOL and FEX ETFs performed in 2026?
As of September 8, 2026, DVOL is up 4.29% year-to-date (YTD), while FEX has returned 16.37%. That puts FEX better performer ahead so far this year.
Which ETF is attracting more investor money: DVOL or FEX?
Year-to-date, the DVOL ETF saw -$11M in flows, compared to -$3M for FEX.
Which ETF is more volatile: DVOL or FEX?
Over the past year, DVOL had a volatility of 11.81%, while FEX experienced 13.17%.
Which ETF is bigger: DVOL or FEX?
As of September 8, 2026, DVOL holds $72.78 M in assets under management (AUM), while FEX manages $1.59 B.
What sectors do the DVOL and FEX ETFs invest in?
DVOL leans toward sectors like Finance, Industrials and Consumer Services. Meanwhile, FEX focuses on Finance, Technology and Industrials.
What are the top holdings of the DVOL ETF and FEX ETF?
DVOL top holdings include The Bank of New York Mellon Corp., Simon Property Group, Inc. and Westinghouse Air Brake Technologies Corp.. FEX holds in its top three: Cognizant Technology Solutions Corp., Accenture Plc and PayPal Holdings, Inc..
Which ETF is more diversified: DVOL or FEX?
DVOL holds 49 securities with 43.22% of its assets in the top 15. FEX has 372 securities and a top 15 weight of 8.37%.
Advertisement
Advertisement
