‘ Dorsey Wright & Associates (DWA) ’

AdvisorShares lowers fees on Dorsey Wright international equity ETF

Dec 5th, 2017 | By
AdvisorShares lowers fees on Dorsey Wright international equity ETF

AdvisorShares has lowered the expense ratio for the AdvisorShares Dorsey Wright ADR ETF (AADR US), an actively managed fund providing exposure to international equities with strong relative price momentum. Fees on the ETF have been reduced from 0.99% to 0.98%.



First Trust switches ETF to Dorsey Wright momentum strategy

Aug 18th, 2017 | By
AdvisorShares lowers fees on Dorsey Wright international equity ETF

First Trust has announced changes to the First Trust CBOE S&P 500 VIX Tail Hedge Fund (VIXH), transitioning the ETF to a new strategy that will harness investment advisory firm Dorsey, Wright & Associates’ research into relative strength analysis to rotate among large-cap equities and Treasuries. To reflect the changes, the fund will be rebranded the First Trust Dorsey Wright People’s Portfolio ETF (Nasdaq: DWPP).



Copia’s smart beta ETF portfolios deliver strong first-year performance

Jun 23rd, 2017 | By
Hoshang Daroga, quantitative investment manager at Copia

Copia Capital Management, the discretionary fund manager of Novia group, has announced that its ETF-based smart beta portfolios have outperformed the median IA flexible sector return by an average 8.4% in their first year. Hoshang Daroga, quantitative investment manager at Copia, said: “The strong performance of these new portfolios can be mainly attributed to outperformance from the underlying smart beta ETFs as well as the tactical asset allocation performed using the Copia Quant Model and the Dorsey Wright investment strategy.”



First Trust overhauls US large cap strategy ETF

Jun 14th, 2017 | By
AdvisorShares lowers fees on Dorsey Wright international equity ETF

First Trust has announced that the Trustees of the First Trust CBOE S&P 500 VIX Tail Hedge Fund (NYSE Arca: VIXH) have approved changes to the fund’s name, ticker code, underlying index, exchange and investment objective. The changes are due to come into effect on or around 18 August 2017.



PowerShares Canada to roll out new currency classes for DWA Global Momentum ETF

Feb 8th, 2017 | By
AdvisorShares lowers fees on Dorsey Wright international equity ETF

Invesco Canada is lining up a series of ETF launches on Aequitas NEO Exchange, having received approval from regulators to list two new series of its PowerShares DWA Global Momentum Index ETF (DWG). The new series will provide investors with the ability to purchase DWG in US dollars (DWG.U) or in a Canadian-dollar-hedged version (DWG.F), and both are expected to begin trading in the coming weeks.



ALPS launches US sector ETF based on Dorsey-Wright’s momentum strategy

Jan 12th, 2017 | By
AdvisorShares lowers fees on Dorsey Wright international equity ETF

ALPS Advisors, in collaboration with investment advisory firm Dorsey, Wright & Associates (DWA), has launched the ALPS Dorsey Wright Sector Momentum ETF (Nasdaq: SWIN), designed to capture the returns attributable to momentum investing at both the sector and stock level in the US market. The fund is not the first to harness the DWA relative strength methodology and will compete with ETFs from Invesco PowerShares and First Trust.



Nasdaq hosts 24 new ETP listings in Q3 2016

Oct 20th, 2016 | By
Nasdaq captures 35% of US ETP listings and switches in Q3 2016

Nasdaq Stock Market hosted 24 new exchange-traded product listings and one switch in the third quarter of 2016, representing 35% of new ETP listings and switches across all US exchanges. The listing and switching activity brings Nasdaq’s total ETP listings to 295. Jeff McCarthy, Vice President and Head of ETP Listings at Nasdaq, commented: “Nasdaq’s expanding portfolio of ETP listings reinforces our commitment to helping issuers list new products and grow.” Details of the fund launches during the quarter are listed below.



Elkhorn teams up with DWA on momentum-based commodity rotation ETF

Sep 21st, 2016 | By
Elkhorn unveils first momentum-based commodity rotation ETF

US-based investment firm Elkhorn Investments has unveiled the Elkhorn Commodity Rotation Strategy ETF (Nasdaq: DWAC), the first commodity exchange-traded fund to be based on a proprietary relative strength methodology developed by Dorsey, Wright & Associates (DWA). The ETF provides equal-weighted exposure to the five commodities (out of a potential universe of 21) which display the strongest relative momentum on a month-to-month basis. Tom Dorsey, Founder of DWA, said: “I have long been a believer in tactical opportunities within the commodity market. We have built commodity-based models for decades, yet this is the first ETF based on our commodity research.”



Invesco PowerShares launches low vol global equity momentum ETF

Jul 27th, 2016 | By
Elkhorn unveils first momentum-based commodity rotation ETF

Invesco PowerShares has launched the PowerShares DWA Momentum & Low Volatility Rotation Portfolio (Nasdaq: DWLV), which switches its exposure between different segments of US equities, international equities, or cash depending on momentum signals in the market, while also adding exposure to the low volatility factor. The fund’s index is based on Dorsey, Wright & Associate’s expertise in relative strength analysis, a momentum technique that relies on unbiased, unemotional, objective data, rather than biased forecasting and subjective research.



SSGA launches DWA fixed income strategy ETF

Jun 3rd, 2016 | By
AdvisorShares lowers fees on Dorsey Wright international equity ETF

Global exchange-traded fund provider State Street Global Advisors has teamed up with Dorsey, Wright & Associates (DWA) to launch a fixed income strategy ETF. The SPDR Dorsey Wright Fixed Income Allocation ETF (DWFI) is a fund of funds and is based on DWA’s signal-driven, momentum-focused technical index. The ETF, listed on NASDAQ, tracks the performance of the Dorsey Wright Fixed Income Allocation Index. The index is designed to provide targeted exposure to the SPDR fixed income ETFs that offer the greatest potential to outperform within the selection universe. The selection universe includes US-listed SPDR fixed income ETFs.