About First Trust Dorsey Wright DALI 1 ETF (DALI)

The First Trust Dorsey Wright DALI 1 ETF (DALI) is a popular exchange-traded fund that provides investors with exposure to a diversified portfolio of domestic and international equity securities. The fund is managed by First Trust Advisors, an experienced investment management firm with a strong reputation in the industry. DALI aims to provide investors with long-term capital appreciation by following a rules-based investment strategy that incorporates the principles of relative strength and momentum investing. This strategy focuses on identifying securities that have shown consistent strength and positive momentum in the market.

DALI has a unique approach to portfolio construction, as it allocates its holdings based on the Dorsey Wright DALI 1 Index. This index is designed to select securities from a universe of ETFs that exhibit positive momentum and relative strength characteristics. The index uses a systematic ranking methodology to determine the weightings of each ETF in the portfolio, with the goal of maximizing the potential for capital appreciation. By utilizing this approach, DALI aims to provide investors with a diversified portfolio that is well-positioned to benefit from the market's upside potential.