First Trust Dorsey Wright People's Portfolio ETF (DWPP): Price and Financial Metrics ETF
DWPP Stock Price Chart More Charts
DWPP Price/Volume Stats
First Trust Dorsey Wright People's Portfolio ETF (DWPP) ETF Bio
The investment objective of First Trust Dorsey Wright People’s Portfolio ETF is based on Dorsey Wright’s point-and-figure relative-strength methodology. Essentially the fund’s methodology will use the relative-strength approach to determine whether the portfolio should be in U.S. equities or U.S. Treasuries. If equities are selected, the relative-strength approach is again used to determine whether the fund should be allocated toward a market-cap-weighted strategy in the form of the Nasdaq US 500 Large-Cap Index or an equal-weighted strategy represented by the Nasdaq US Large Cap Equal Index. Both equity indexes include the same components and simply weight them differently.