First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) Performance
FVC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +18.2% since Dec 31, 2025
- 1 year
- +20.0% total return
- 5 years
- +4.3% a year
- 10 years
- +8.4% a year
- Since first price
- +8.4% a year since 2016
FVC trailing returns vs SPY, QQQ, AGG
| Period | FVC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.8% | +0.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.7% | +5.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +14.4% | +14.4% | +7.8% | +8.4% | −1.5% |
| YTD | +18.2% | +18.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.0% | +18.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +47.8%+13.9%/yr | +41.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +23.3%+4.3%/yr | +15.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +123.7%+8.4%/yr | +103.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionMar 18, 2016 | +136.1%+8.4%/yr | +114.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FVC vs SPY
From Mar 18, 2016: FVC grew to $23,609, SPY to $43,989.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FVC returns by calendar year
6 of 9 full years positive. Best 2021 (+21.9%), worst 2018 (−8.6%). 2026 is year to date.
FVC annual returns table
| Year | FVC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +18.2% | −13.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +2.1% | −13.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.4% | −14.4% | +24.9% | +25.6% | +1.3% |
| 2023 | −4.6% | −16.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.0% | −14.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +21.9% | −10.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +12.7% | −31.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +19.3% | −5.4% | +31.2% | +39.0% | +8.5% |
| 2018 | −8.6% | −26.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +19.7% | −4.1% | +21.7% | +32.7% | +3.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FVC largest drawdowns
Now 1.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −31.0% | Mar 23, 2020 | Nov 27, 2020 | 33 days | 9 months |
| Aug 29, 2018 | −26.5% | Dec 24, 2018 | Feb 11, 2020 | 4 months | 1.5 years |
| Nov 16, 2021 | −22.6% | Oct 26, 2023 | Nov 25, 2024 | 1.9 years | 3.0 years |
| Dec 4, 2024 | −14.8% | Apr 8, 2025 | Jan 6, 2026 | 4 months | 1.1 years |
| Jan 29, 2026 | −13.3% | Mar 30, 2026 | May 6, 2026 | 2 months | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FVC risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2016 |
|---|---|---|---|---|
| Annualized return | +12.1% | +5.3% | +8.1% | +8.3% |
| Volatility (annualized) | 14.2% | 14.2% | 15.1% | 14.7% |
| Sharpe ratio | 0.57 | 0.18 | 0.44 | 0.47 |
| Sortino ratio | 0.91 | 0.26 | 0.65 | 0.69 |
| Best month | +10.6% | +10.6% | +14.6% | +14.6% |
| Worst month | −8.4% | −8.4% | −13.2% | −13.2% |
| Best 12 months | +25.1% | +25.1% | +52.5% | +52.5% |
| Worst 12 months | −2.4% | −13.8% | −15.1% | −15.1% |
| Positive months | 69% | 58% | 66% | 66% |
| Beta vs S&P 500 | 0.90 | 0.71 | 0.83 | — |
| Correlation with S&P 500 | 0.79 | 0.78 | 0.84 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FVC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 116 | −15.1% | +5.6% | +52.5% | 67% |
| 3-year (a year) | 92 | −1.1% | +7.4% | +17.9% | 95% |
| 5-year (a year) | 68 | +1.8% | +7.0% | +13.1% | 100% |
| 10-year (a year) | 8 | +6.6% | +8.2% | +8.8% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
FVC performance overview
First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) returned +20.0% over the past year and +8.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +8.4% a year, turning $10,000 into about $23,609. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −31.0%, from Feb 19, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. FVC finished 6 of its 9 full calendar years with a gain; the best year was 2021 (+21.9%) and the worst 2018 (−8.6%). Volatility has been 14.7% a year.
Related: FVC chart, FVC dividends. See the FVC overview for the latest quote and fund facts.
FVC performance FAQ
What is the FVC return over the past year?
FVC returned +20.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 18.9%.
What is the average annual return of FVC?
FVC has returned +4.3% a year over 5 years, +8.4% a year over 10 years, +8.4% a year since March 18, 2016 (total return, distributions reinvested).
How much would $10,000 invested in FVC be worth?
$10,000 invested in FVC at its first recorded close on March 18, 2016 would be worth about $23,609 on October 23, 2026 with distributions reinvested.
What was the worst year for FVC?
The worst calendar year was 2018, with a total return of −8.6%. The best was 2021 at +21.9%.
What is the biggest drawdown of FVC?
The largest peak-to-trough decline was −31.0% between February 19, 2020 and March 23, 2020. It recovered to the old high on November 27, 2020, 8 months after the bottom.
How volatile is FVC?
Over the past 3 years FVC had an annualized volatility of 14.2% and a Sharpe ratio of 0.57 (excess return over 1–3 month T-bills per unit of risk).