As of November 1, 2022, First Trust Exchange-Traded Fund - First Trust Dorsey Wright People's Portfolio ETF has gone out of business. First Trust Exchange-Traded Fund - First Trust Dorsey Wright People's Portfolio ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in the public equity and fixed income markets of the United States. For its equity portion, it invests directly and through other funds in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. For its fixed income portion, it invests in short-duration securities, which are primarily U.S. dollar-denominated, investment-grade securities. The fund seeks to replicate the performance of the Nasdaq Dorsey Wright People’s Portfolio Index, by using full replication technique. First Trust Exchange-Traded Fund - First Trust Dorsey Wright People's Portfolio ETF was formed on August 29, 2012 and is domiciled in the United States.