First Trust, the ninth-largest U.S. ETF issuer by assets, is expected to introduce the First Trust Dorsey Wright Focus 5 ETF on Thursday. The new ETF will trade under the ticker “FV” and charge 0.95% per year.

The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the Dorsey Wright Focus Five Index, according to a statement.

The First Trust Dorsey Wright Focus 5 ETF will function as an ETF “fund of funds” holding “five First Trust sector and industry based ETFs identified by DWA’s index methodology to offer the greatest potential to outperform the other ETFs in the selection universe,” according to the statement.

First Trust sector funds include the First Trust Technology AlphaDEX Fund (NYSEArca: FXL) and the First Trust Health Care AlphaDEX Fund (NYSEArca: FXH). The statement did not directly mention those products as candidates for inclusion in the new Focus 5 ETF.

The relative strength analysis will be conducted weekly with ETFs being replaced as they fall out of favor, based on their relative strength against other eligible funds, according to First Trust.