How The Pieces Add Up: DVOL Targets $29
September 27, 2022 at 08:17 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), we found that the implied analyst target price for the ETF based upon its underlying holdings is $29.23 per unit.