AFLGFirst Trust Active Factor Large Cap ETF

Grow my money6y track recordRanked #891 of 2,960 in this goal

Seeks to provide capital appreciation.

By First Trust · Launched 2019

Annual Cost

0.55%

#2,811 of 5,562 · average

Fund Size

$648M

#1,380 of 5,562 · large

Return (1Y)Goal

+22.5%

Track Record

6 years

#2,018 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,347+23.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Active selection

Factor

Multifactor

Sector

Information technology

What it actually holds

By weight

Concentration

Top 10 holdings = 31.2% of fund✓ well diversified

NVIDIA Corp

6.2%

Apple Inc

5.6%

Microsoft Corp

5.4%

Alphabet Inc

4.9%

Amazon.com Inc

2.4%

Broadcom Inc

1.9%

Meta Platforms Inc

1.5%

Cisco Systems Inc

1.4%

Altria Group Inc

1.1%

EMCOR Group Inc

1.0%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

38.8%

Consumer Cyclical

10.2%

Communication

9.7%

Financial Services

9.4%

Industrials

8.3%

Healthcare

6.4%

Energy

4.4%

Utilities

3.6%

Other

9.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

11.9%Moderate

Year-on-year price swings

Max drawdown

-35.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.19Strong risk-adjusted returns

Sortino (3Y)

1.75Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide capital appreciation.
Strategy: Invests primarily in U.S.-listed large-cap equity securities using a multi-factor quantitative approach. Factors include value, momentum, quality, and low volatility, with active risk management to adjust exposures.
Inception date: December 3, 2019
Fund family: First Trust

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Closest matches by profile

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AFMC

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Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing

Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²: 95.5%
TE: 3.4%
Beta: 0.90
Fee: 5× 0.11%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=active_selection + high_r_squared+low_tracking_error+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19