First Trust Feature | Nasdaq Dorsey Wright

First Trust Feature

Published: May 20, 2026

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

While broader equities, both international and domestic, have pulled back in recent days, the First Trust STOXX European Dividend Index Fund (FDD) has maintained near recent highs.

There were no changes to any of the First Trust Models covered within the report this week.

While broader equities, both international and domestic, have pulled back in recent days, the First Trust STOXX European Dividend Index Fund (FDD) has maintained near recent highs. From a fund score perspective, FDD maintains a 5.50 fund score, which is a full point higher than the average group score for a fund within the Non-US Equity (4.41) group. FDD has shown superior near- and long-term relative strength against the market for roughly 14 months and sustains superior near-term relative strength against its peer group. On the trend chart, FDD has traded within a positive trend since February of last year, which is also when the stock returned to a buy signal. Since then, the fund has given six additional buy signals with the most recent coming in April at $19. Action during May has seen the fund reverse back into Xs, matching the prior rally high at $19.50. Initial support can be found at $18.75, while additional support resides at $17.25. FDD is currently a holding within the First Trust Income Model (FTINCOME) and has gained more than 10% on a year-to-date basis.

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DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. First Trust has arranged with Dorsey, Wright to provide this specialized ETF page on the First Trust ETFs. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included therein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including First Trust ETF shares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. Neither First Trust nor Dorsey Wright through this ETF page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations and rules, including NASD Rules 2090 and 2111 (Know Your Customer). The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or First Trust. If you are not familiar with Point & Figure methodology, we suggest you read “Point & Figure Charting, 4th Edition” by Thomas J. Dorsey and visit the PnF University, www.dorseywright.com. If you are not familiar with the First Trust ETF product, or Exchange Traded Funds (ETFs), we suggest you visit www.ftportfolios.com.