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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.65% 0.02% 7.143M 1778.23
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
0.88% 49.00% 1.464M Upgrade

Basic Info

Investment Strategy
The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment.
General
Security Type Exchange-Traded Fund
Equity Style Small Cap/Blend
Fixed Income Style --
Broad Asset Class US Equity
Broad Category Equity
Category Name Mid-Cap Blend
Category Index Russell Mid Cap TR USD
Global Category Name US Equity Mid Cap
YCharts Categorization US Mid Cap
YCharts Benchmark Russell Midcap Total Return (^RMCTR)
Prospectus Objective Growth
Fund Owner Firm Name First Trust Advisors L.P.
Prospectus Benchmark Index
S&P MidCap 400 TR 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Chris Peterson 4.33 yrs
Daniel Lindquist 4.33 yrs
David McGarel 4.33 yrs
Jon Erickson 4.33 yrs
Roger Testin 4.33 yrs
Stan Ueland 4.33 yrs
Chris Bush 2.92 yrs
Erik Russo 2.24 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
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--
--
Total Return (NAV)
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--
--
--
--
--
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Category Rtn. (NAV)
--
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--
--
--
--
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% Rank in Cat (NAV)
--
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As of April 25, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
--
--
5.86%
25.74%
-15.55%
21.45%
7.11%
21.83%
-4.38%
31.49%
18.40%
28.71%
-18.11%
26.29%
6.30%
--
--
--
--
--
-11.63%
15.22%
1.72%
15.10%
-10.33%
25.20%
13.48%
24.77%
-13.13%
16.47%
4.29%
16.26%
-11.18%
26.10%
13.58%
24.71%
-13.10%
16.42%
4.34%
15.92%
-11.28%
25.78%
13.53%
24.54%
-13.28%
16.09%
4.23%
As of April 25, 2024.

Asset Allocation

As of April 15, 2024.
Type % Net % Long % Short
Cash 0.22% Upgrade Upgrade
Stock 99.78% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment.
General
Security Type Exchange-Traded Fund
Equity Style Small Cap/Blend
Fixed Income Style --
Broad Asset Class US Equity
Broad Category Equity
Category Name Mid-Cap Blend
Category Index Russell Mid Cap TR USD
Global Category Name US Equity Mid Cap
YCharts Categorization US Mid Cap
YCharts Benchmark Russell Midcap Total Return (^RMCTR)
Prospectus Objective Growth
Fund Owner Firm Name First Trust Advisors L.P.
Prospectus Benchmark Index
S&P MidCap 400 TR 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Chris Peterson 4.33 yrs
Daniel Lindquist 4.33 yrs
David McGarel 4.33 yrs
Jon Erickson 4.33 yrs
Roger Testin 4.33 yrs
Stan Ueland 4.33 yrs
Chris Bush 2.92 yrs
Erik Russo 2.24 yrs

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