First Trust Dorsey Wright Momentum & Dividend ETF
First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ: DDIV) is an exchange-traded fund listed on NASDAQ, trading at $45.60 (about ₹4,290 a unit) as of 12 Nov 2026, 4:00 PM ET. It has an expense ratio of 0.6% and holds 50 securities. Indian residents can buy DDIV through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$45.53
Today's high
$45.88
52 week low
$38.69
52 week high
$47.84
DDIV opened at $45.86, closed previously at $45.79, and has traded between $38.69 and $47.84 over the past 52 weeks.
About
This exchange-traded fund, known as the First Trust Dorsey Wright Momentum & Dividend ETF (and previously as the First Trust RBA Quality Income ETF), is structured to replicate the financial performance, specifically the price appreciation and income generation, of its benchmark, the Dorsey Wright Momentum Plus Dividend Yield Index. This objective is pursued before accounting for the fund's operational expenses. Typically, the ETF commits a substantial portion—at least 90%—of its total net assets (which may include borrowed funds) into the stock components that constitute the aforementioned Index. Employing a passive indexing strategy, the fund endeavors to closely mirror the Index's returns prior to the deduction of fees and charges. The investment advisor aims for a high degree of synchronicity, targeting a correlation coefficient of 0.95 or higher between the fund's performance and that of the Index, again, before expenses; a value of 1.00 would denote perfect alignment. The development and ownership of this underlying Index belong exclusively to Nasdaq, Inc.
Key statistics
Expense ratio
0.6%
Assets (AUM)
$73.3M
Holdings
50
NAV
$45.79
Avg. volume
8.64K
1-year price change
+12.50%
5-year price change
+34.47%
Price change excludes dividends.
Top 10 holdings
DDIV holds 50 securities in total. These 10 are 38.3% of the fund.
Where the money is invested
Sectors
Countries
How to buy DDIV from India
Indian residents can buy DDIV units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in DDIV from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search DDIV and buy
Find the fund by its ticker, DDIV, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your DDIV position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying DDIV from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the DDIV price today?
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) last traded at $45.60 on NASDAQ, as of 12 Nov 2026, 4:00 PM ET. That is ₹4,290 a unit at the 12 Nov 2026 USD/INR rate.
When does DDIV trade, in Indian time?
NASDAQ trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is DDIV, and what does it cost to hold?
First Trust Dorsey Wright Momentum & Dividend ETF manages about $73.3M. Its expense ratio is 0.6% a year, deducted inside the fund. It launched in 2014.
What are DDIV's largest holdings?
The top three are Simon Property Group, Inc. (5.5%), CareTrust REIT, Inc. (4.8%) and Hasbro, Inc. (4.5%). DDIV's 10 largest positions make up 38.3% of the fund.
Does DDIV pay dividends?
Yes. DDIV is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on DDIV taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of DDIV?
Yes. You can buy DDIV by amount rather than by whole unit, and there is no minimum trade size.
How has DDIV performed?
DDIV's price is up 12.5% over the past year and up 34.5% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.