What is smart beta and how do First Trust ETFs use it?

Smart beta ETFs use alternative weighting or selection methodologies instead of traditional market-cap weighting to target specific investment factors or outcomes. First Trust's smart beta ETFs may weight stocks by fundamentals like revenue or dividends, screen for quality metrics, or use multi-factor scoring systems. The goal is to capture specific return drivers or reduce concentrated risk while maintaining the transparency and liquidity benefits of the ETF structure.

Are First Trust ETFs more expensive than index ETFs?

First Trust ETFs generally have higher expense ratios than basic market-cap-weighted index ETFs because their strategies involve more complex screening, weighting, and rebalancing. However, they are typically cheaper than traditional actively managed funds. Investors should evaluate whether the specific strategy and potential for differentiated returns justify the incremental cost compared to simpler, cheaper index alternatives.

What types of investors use First Trust ETFs?

First Trust ETFs appeal to investors and financial advisors seeking more targeted exposure than basic index funds provide. They are popular with advisors building customized portfolios who want specific factor tilts, thematic exposure, or alternative weighting methodologies. Income-focused investors also use First Trust's dividend and covered call ETFs. The firm's products tend to attract investors who are comfortable paying somewhat higher fees for a more refined investment approach.

First Trust ETFs

284 ETFs · AUM: $241.06B

First Trust Advisors is known for its smart beta and thematic ETF strategies that go beyond traditional market-cap-weighted indexing. The firm offers a wide range of ETFs built on proprietary index methodologies designed to capture specific investment factors, themes, or market segments. First Trust's approach often incorporates fundamental screening, sector rotation, or unique weighting schemes to differentiate its products from plain-vanilla index funds, appealing to investors who want more targeted or actively designed exposure.

Among First Trust's most popular ETFs, FDN focuses on internet commerce and services companies, providing concentrated exposure to digital economy leaders. FTEC offers broad technology sector exposure at a competitive expense ratio. FV uses a multi-factor approach to select U.S. large-cap value stocks, combining value screening with quality and momentum factors. First Trust's lineup also includes a substantial range of fixed income, dividend, and sector-specific ETFs that use active or enhanced index strategies.

284 ETFs found

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Symbol▼	Fund Name▼	Category	Type	AUM▼	Expense Ratio▼	Price▼	YTD▼
FAUG	FT Vest U.S. Equity Buffer ETF - August	Technology	Buffer S&P 500	$1.14B	0.85%	$52.19	-1.10%
FSEP	FT Vest U.S. Equity Buffer ETF - September	Technology	Buffer S&P 500	$1.14B	0.85%	$50.71	-1.34%
FFEB	FT Vest U.S. Equity Buffer ETF - February	Technology	Buffer S&P 500	$1.12B	0.85%	$56.46	+0.02%
FTXO	First Trust Nasdaq Bank ETF	Financial Services	Technology	$1.12B	0.60%	$34.58	-7.86%
FXO	First Trust Financials AlphaDEX Fund	Financial Services	Financial Services	$1.12B	0.60%	$55.75	-7.41%
FDT	First Trust Developed Markets ex-US AlphaDEX Fund	Industrials	International Technology	$1.11B	0.80%	$86.86	+10.91%
FOCT	FT Vest U.S. Equity Buffer ETF - October	Technology	Buffer S&P 500	$1.09B	0.85%	$48.12	-1.43%
FJUN	FT Vest U.S. Equity Buffer ETF - June	Technology	Buffer S&P 500	$1.08B	0.85%	$56.78	-0.42%
FMAY	FT Vest U.S. Equity Buffer ETF - May	Technology	Buffer S&P 500	$1.06B	0.85%	$53.06	-0.47%
EIPI	FT Energy Income Partners Enhanced Income ETF	Energy	Income	$1.05B	1.11%	$22.19	+11.12%
FYX	First Trust Small Cap Core AlphaDEX Fund	Financial Services	Small Cap Technology	$1.05B	0.58%	$116.27	+3.05%
WCMI	First Trust WCM International Equity ETF	Industrials	International Europe Long-Term Bond	$1.03B	0.85%	$16.79	+0.00%
FAPR	FT Vest U.S. Equity Buffer ETF - April	Technology	Buffer S&P 500	$992.1M	0.85%	$44.63	+0.56%
FMAR	FT Vest U.S. Equity Buffer ETF - March	Technology	Buffer S&P 500	$962.1M	0.85%	$47.98	+1.02%
FMHI	First Trust Municipal High Income ETF	Cash & Others	Active Income Municipal Bond	$939.7M	0.49%	$48.09	+0.07%
FXH	First Trust Health Care AlphaDEX Fund	Healthcare	Healthcare	$875.5M	0.61%	$108.11	-4.91%
FYC	First Trust Small Cap Growth AlphaDEX Fund	Healthcare	Small Cap Growth Technology	$868.4M	0.70%	$94.92	-0.66%
FXU	First Trust Utilities AlphaDEX Fund	Utilities	Utilities	$847.8M	0.61%	$50.49	+11.04%
FTXR	First Trust Nasdaq Transportation ETF	Industrials	Technology	$846.5M	0.60%	$37.27	-3.09%
BUFZ	FT Vest Laddered Moderate Buffer ETF	Technology	Buffer Large Cap	$841.3M	0.95%	$26.32	-0.60%
FDD	First Trust STOXX European Select Dividend Index Fund	Financial Services	Dividend Europe	$809.6M	0.56%	$17.30	-0.23%
FTQI	First Trust Nasdaq BuyWrite Income ETF	Technology	Covered Call Income Nasdaq 100 Technology	$771.0M	0.76%	$20.11	-2.93%
FCBRF	First Trust Global Funds PLC - First Trust Nasdaq Cybersecurity UCITS ETF	—	Cybersecurity Technology	$700.4M	0.60%	—	—
FXR	First Trust Industrials/Producer Durables AlphaDEX Fund	Industrials	Industrials	$684.1M	0.60%	$81.48	+2.58%
LGOV	First Trust Long Duration Opportunities ETF	—	Income Treasury Long-Term Bond	$675.6M	0.49%	$21.64	-0.37%
FIIG	First Trust Intermediate Duration Investment Grade Corporate ETF	Cash & Others	Floating Rate Income Long-Term Bond Corporate Bond Inverse	$652.0M	0.49%	$20.73	-1.89%
FCG	First Trust Natural Gas ETF	Energy	Natural Gas Oil & Gas	$648.2M	0.57%	$29.66	+25.50%
IGLD	FT Vest Gold Strategy Target Income ETF	Cash & Others	Gold Income Treasury	$646.2M	0.85%	$27.35	+10.44%
ROBT	First Trust Nasdaq Artificial Intelligence and Robotics ETF	Technology	Artificial Intelligence Technology	$641.2M	0.65%	$47.65	-7.04%
FEM	First Trust Emerging Markets AlphaDEX Fund	Basic Materials	Emerging Markets Technology	$627.2M	0.80%	$29.52	+9.36%
QDEC	FT Vest Nasdaq-100 Buffer ETF - December	Technology	Buffer Nasdaq 100 Technology	$603.0M	0.90%	$31.83	-1.57%
FSMB	First Trust Short Duration Managed Municipal ETF	Cash & Others	Income Municipal Bond Inverse	$581.9M	0.34%	$20.12	+0.32%
QJUN	FT Vest Nasdaq-100 Buffer ETF - June	Technology	Buffer Nasdaq 100 Technology	$575.3M	0.90%	$31.59	-0.53%
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	Technology	ESG Technology	$554.3M	0.56%	$46.25	+4.95%
QSPT	FT Vest Nasdaq-100 Buffer ETF - September	Technology	Buffer Nasdaq 100 Technology	$501.2M	0.90%	$31.06	-1.26%
EIPX	FT Energy Income Partners Strategy ETF	Energy	Income	$498.2M	0.95%	$31.60	+18.97%
GDEC	FT Vest U.S. Equity Moderate Buffer ETF - December	Technology	Buffer S&P 500	$494.1M	0.85%	$37.30	-1.22%
AFLG	First Trust Active Factor Large Cap ETF	Technology	Momentum Low Volatility Active Large Cap Value VIX	$485.5M	0.55%	$38.94	+0.10%
FNY	First Trust Mid Cap Growth AlphaDEX Fund	Industrials	Mid Cap Growth Technology	$485.4M	0.73%	$90.20	-0.54%
FEP	First Trust Europe AlphaDEX Fund	Industrials	Europe Technology	$480.3M	0.80%	$53.24	+1.35%
GSEP	FT Vest U.S. Equity Moderate Buffer ETF - September	Technology	Buffer S&P 500	$468.8M	0.85%	$38.27	-0.88%
QMAR	FT Vest Nasdaq-100 Buffer ETF - March	Technology	Buffer Nasdaq 100 Technology	$468.3M	0.90%	$33.51	+1.42%
GJAN	FT Vest U.S. Equity Moderate Buffer ETF - January	Technology	Buffer S&P 500	$453.3M	0.85%	$42.08	-1.29%
DJAN	FT Vest U.S. Equity Deep Buffer ETF - January	Technology	Buffer S&P 500	$444.5M	0.85%	$42.84	-1.23%
NXTG	First Trust Indxx NextG ETF	Technology	5G Technology	$429.6M	0.70%	$113.79	+5.50%
DFEB	FT Vest U.S. Equity Deep Buffer ETF - February	Technology	Buffer S&P 500	$410.5M	0.85%	$47.64	+0.12%
DDEC	FT Vest U.S. Equity Deep Buffer ETF - December	Technology	Buffer S&P 500	$408.1M	0.85%	$44.48	-1.13%
MDIV	Multi-Asset Diversified Income Index Fund	Energy	Multi-Asset Income Technology	$407.5M	0.83%	$16.33	+3.98%
FAD	First Trust Multi Cap Growth AlphaDEX Fund	Industrials	Growth Technology	$401.1M	0.63%	$158.73	-1.65%
FEMB	First Trust Emerging Markets Local Currency Bond ETF	Cash & Others	Income Emerging Markets	$391.1M	0.85%	$29.14	-1.24%

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First Trust ETFs

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