First Trust Dorsey Wright Momentum & Value ETF (DVLU) Valuation
DVLU valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 17.5 trailing earnings
- Forward P/E
- 10.9 analyst estimates
- Price / sales
- 0.90
- Price / book
- 2.17
- EV / EBITDA
- 8.4
- Earnings yield
- 5.70% inverse of P/E
- Dividend yield
- 1.49% of the holdings
- Return on equity
- 12.4% combined
- Net margin
- 5.1% combined
- Beta
- 0.86 weighted, vs S&P 500
DVLU valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DVLU | 17.5 | 10.9 | 0.90 | 2.17 | 1.49% | 12.4% | 5.1% | 5.6% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
DVLU valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 34.3% | 14.2 | 10.7 | 2.45 | 1.72 | 2.06% | 12.1% |
| Energy | 22.5% | 15.4 | 9.7 | 1.17 | 2.82 | 1.63% | 18.3% |
| Technology | 11.9% | 15.4 | 11.8 | 0.63 | 2.00 | 0.88% | 13.0% |
| Healthcare | 10.6% | n/m | 14.1 | 0.33 | 2.78 | 0.36% | −3.8% |
| Industrials | 7.0% | 17.3 | 11.1 | 0.71 | 2.38 | 1.28% | 13.7% |
| Basic Materials | 5.7% | 12.1 | 12.9 | 2.23 | 3.32 | 1.51% | 27.3% |
| Consumer Cyclical | 4.4% | 27.7 | 6.9 | 0.55 | 1.69 | 1.50% | 6.1% |
| Consumer Defensive | 3.6% | 21.2 | 16.0 | 0.62 | 3.41 | 1.05% | 16.0% |
DVLU earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How DVLU weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DVLU largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| APA | APA Corporation | 3.43% | 10.4 | 9.4 | 2.0 | 2.03% | 5.78% |
| DINO | HF Sinclair Corporation | 3.40% | 11.9 | 10.0 | 0.7 | 1.68% | 4.98% |
| COF | Capital One Financial Corporation | 3.19% | 13.0 | 8.5 | 2.6 | 1.59% | 4.31% |
| CNC | Centene Corporation | 3.09% | — | 11.2 | 0.2 | — | −8.18% |
| GM | General Motors Company | 3.01% | 37.7 | 5.6 | 0.4 | 0.86% | 1.40% |
| MPC | Marathon Petroleum Corporation | 2.95% | 16.6 | 5.5 | 0.9 | 0.84% | 3.12% |
| PFG | Principal Financial Group, Inc. | 2.87% | 15.5 | 9.1 | 1.5 | 3.09% | 3.24% |
| PSX | Phillips 66 | 2.86% | 16.8 | 9.7 | 0.8 | 1.81% | 2.99% |
| LNG | Cheniere Energy, Inc. | 2.85% | 21.9 | 13.5 | 2.9 | 0.77% | 2.28% |
| OSK | Oshkosh Corporation | 2.85% | 14.5 | 9.4 | 0.7 | 1.80% | 3.43% |
| TRV | The Travelers Companies, Inc. | 2.83% | 10.5 | 10.8 | 1.7 | 1.28% | 4.74% |
| VLO | Valero Energy Corporation | 2.80% | 18.5 | 10.2 | 1.0 | 1.08% | 2.64% |
| CF | CF Industries Holdings, Inc. | 2.80% | 9.0 | 12.2 | 2.4 | 1.99% | 5.47% |
| CAH | Cardinal Health, Inc. | 2.61% | 35.1 | 17.7 | 0.2 | 0.81% | 1.30% |
| ONB | Old National Bancorp | 2.57% | 11.1 | 8.4 | 3.6 | 2.32% | 4.07% |
| CVX | Chevron Corporation | 2.56% | 21.2 | 15.2 | 2.1 | 3.16% | 2.11% |
| IVZ | Invesco Ltd. | 2.55% | — | 9.5 | 1.8 | 3.05% | −1.08% |
| C | Citigroup Inc. | 2.55% | 12.1 | 10.2 | 2.5 | 2.16% | 3.68% |
| SNX | TD SYNNEX Corporation | 2.54% | 15.0 | 12.7 | 0.3 | 0.78% | 2.95% |
| DG | Dollar General Corporation | 2.18% | 17.4 | 15.3 | 0.7 | 1.76% | 2.18% |
| PGR | The Progressive Corporation | 2.17% | 11.0 | 12.7 | 1.4 | 0.18% | 3.45% |
| BPOP | Popular, Inc. | 2.15% | 10.7 | 9.7 | 3.3 | 2.27% | 3.51% |
| SMCI | Super Micro Computer, Inc. | 2.13% | 9.7 | 10.2 | 0.5 | — | 3.84% |
| CFG | Citizens Financial Group, Inc. | 2.12% | 13.8 | 9.9 | 3.3 | 2.90% | 2.69% |
| DAL | Delta Air Lines, Inc. | 1.98% | 15.0 | 9.2 | 0.7 | 1.14% | 2.31% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About DVLU valuation
Adding up its 50 holdings with company data, DVLU trades at 17.5 times trailing earnings and 10.9 times analysts' forward estimates, with a price-to-book ratio of 2.17 and a dividend yield of 1.49%. Its earnings yield of 5.70% is 0.37 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 30.5% of the fund and earn 23.3% of its combined profit. By sector, Consumer Cyclical is the most expensive at 27.7 times earnings and Basic Materials the cheapest at 12.1. Companies that lost money over the past year are 5.6% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DVLU chart, DVLU performance, DVLU holdings, DVLU dividends.
DVLU valuation FAQ
What is the P/E ratio of DVLU?
Based on its holdings, DVLU has a trailing P/E of 17.5 and a forward P/E of 10.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DVLU?
The trailing earnings yield is 5.70% (1 ÷ P/E) and the forward earnings yield 9.22%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DVLU more expensive than the S&P 500?
DVLU trades at 17.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 10.9 and 19.9.
What is the price-to-book ratio of DVLU?
The holdings of DVLU trade at 2.17 times book value, with a combined return on equity of 12.4%.
Which sector in DVLU has the highest P/E?
Consumer Cyclical has the highest P/E at 27.7 and Basic Materials the lowest at 12.1.