AFMCFirst Trust Active Factor Mid Cap ETF

Grow my money6y track recordRanked #1,469 of 2,960 in this goal

Seeks to provide capital appreciation.

By First Trust · Launched 2019

Annual Cost

0.68%

#3,411 of 5,562 · average

Fund Size

$162M

#2,480 of 5,562 · mid-size

Return (1Y)Goal

+30.3%

Track Record

6 years

#2,018 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,958+29.6%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Mid

Strategy

Active selection

Factor

Multifactor

Sector

Industrials

What it actually holds

By weight

Concentration

Top 10 holdings = 13.0% of fund✓ well diversified

Flex Ltd

1.6%

Old Republic International Cor

1.5%

Exelixis Inc

1.4%

United Therapeutics Corp

1.4%

Comfort Systems USA Inc

1.4%

National Fuel Gas Co

1.2%

First Horizon Corp

1.2%

Jabil Inc

1.2%

MGIC Investment Corp

1.1%

Sanmina Corp

1.1%

Asset allocation

Stocks

99.8%

Cash

0.2%

By sector

Technology

20.9%

Industrials

20.7%

Consumer Cyclical

13.4%

Financial Services

12.8%

Healthcare

9.3%

Real Estate

6.7%

Energy

5.4%

Basic Materials

5.3%

Other

5.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.2%Moderate

Year-on-year price swings

Max drawdown

-42.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.90Decent risk-adjusted returns

Sortino (3Y)

1.34Good 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 mid-cap equity securities, using a multi-factor quantitative approach. Actively managed with exposures to factors like value, momentum, quality, and low volatility.
Inception date: December 3, 2019
Fund family: First Trust

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Closest matches by profile

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AFLG

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AFGR

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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: 3.8%
Beta: 0.95
Fee: 8× 0.09%

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

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