# First Trust Dorsey Wright DALI Equity ETF (DALI) — Overview

DALI · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/dali

## Price

Last close $27.64 on Oct 15, 2026. 52-week range $26.67 – $31.40.

## Fund profile

DALI tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure.

| Metric | Value |
| --- | --- |
| Issuer | First Trust Advisors L.P. |
| Industry | — |
| Inception | May 14, 2018 |
| Assets under management | $95.1M |
| Expense ratio | 0.91% |
| Net asset value | $27.55 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is First Trust Dorsey Wright DALI Equity ETF (DALI)?

DALI tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure.

### What is DALI's expense ratio?

First Trust Dorsey Wright DALI Equity ETF charges an annual expense ratio of 0.91%. The fund is issued by First Trust Advisors L.P..

### How large is DALI?

First Trust Dorsey Wright DALI Equity ETF manages $95.1M in assets and has traded since May 14, 2018.

### How do I buy shares of First Trust Dorsey Wright DALI Equity ETF (DALI)?

DALI trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).