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FV vs DWAW

First Trust Dorsey Wright Focus 5 ETF vs AdvisorShares Dorsey Wright FSM All Cap World ETF

FV

First Trust Dorsey Wright Focus 5 ETF

First Trust

Annual cost

0.89%

Fund size

$3.5B

DWAW

AdvisorShares Dorsey Wright FSM All Cap World ETF

AdvisorShares

Annual cost

1.23%

Fund size

$89M

Key differences

  • FV costs 0.34% less per year.
  • FV is significantly larger than DWAW — larger funds tend to be more liquid and less likely to close.
  • FV is classified as equity, while DWAW is mixed asset — different risk/return profiles.
  • FV follows a index tracking strategy; DWAW uses active selection.
  • Over the last 3 years, DWAW has delivered higher annualized returns.
  • FV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FVDWAW
Annual cost (TER)0.89%1.23%
Fund size (AUM)$3.5B$89M
Since20142019
Dividend yield0.57%0.72%
Asset classequitymixed asset
Regionglobal
Strategyindex trackingactive selection
CAGR 1Y+27.3%+27.3%
CAGR 3Y+18.0%+19.3%
CAGR 5Y+10.4%+7.6%
Sharpe 3Y0.770.86
Volatility 1Y15.21%15.61%
Max drawdown-34.04%-31.56%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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