5 Cheap ETFs to Invest in For Beginners

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1. First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL)

First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) seeks investment results that track the price and yield of the Dorsey Wright Momentum Plus Low Volatility Index. First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) was established in 2018, and currently the portfolio holds 50 stocks. The ETF has an expense ratio of 0.60% and total net assets exceed $85 million. 

The biggest holding of First Trust Dorsey Wright Momentum & Low Volatility ETF (NASDAQ:DVOL) is The Procter & Gamble Company (NYSE:PG), the American multinational branded consumer packaged goods firm. Deutsche Bank analyst Steve Powers on June 21 maintained a Buy rating on The Procter & Gamble Company (NYSE:PG) but lowered the price target on the shares to $157 from $171 following Deutsche’s consumer conference in Paris. 

Among the hedge funds tracked by Insider Monkey, 72 funds were bullish on The Procter & Gamble Company (NYSE:PG) at the end of Q1 2022, up from 67 funds in the prior quarter. Rajiv Jain’s GQG Partners is the leading shareholder of the company, with almost 10 million shares worth $1.5 billion. 

You can also take a look at 10 EV Stocks to Buy as Tesla’s Market Share Declines and The 10 Best Bank Stocks to Buy Amid Rising Inflation

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