FSCS
First Trust Exchange-Traded Fund VI First Trust SMID Capital Strength ETF
📎 Investment Objective
The First Trust SMID Capital Strength ETF (FSCS) seeks to provide investment results that correspond generally to the price and yield performance of the NASDAQ AlphaDEX® SMID Cap Core Index.
Overview
ETF tracking First Trust Exchange-Traded Fund VI First Trust SMID Capital Strength ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust SMID Capital Strength ETF (FSCS) seeks to provide investment results that correspond generally to the price and yield performance of the NASDAQ AlphaDEX® SMID Cap Core Index.
🎯 Investment Strategy
The fund employs an 'indexing' investment approach, attempting to replicate the performance of the NASDAQ AlphaDEX® SMID Cap Core Index. The index uses the AlphaDEX® stock selection methodology to identify small and mid-cap stocks that meet certain growth and value investment characteristics.
✨ Key Features
- Focuses on small and mid-cap stocks with strong growth and value characteristics
- Uses the AlphaDEX® methodology to select and weight index constituents
- Diversified portfolio across multiple sectors and industries
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying index
- Sector risk: The fund may be susceptible to economic, political, or regulatory occurrences affecting a particular sector
- Small and mid-cap risk: Smaller companies may have less liquidity and greater price volatility than large-cap companies
- Style risk: The fund's growth and value investment style may underperform other segments of the market
👤 Best For
The First Trust SMID Capital Strength ETF may be suitable for investors seeking exposure to a diversified portfolio of small and mid-cap stocks with strong growth and value characteristics. It may be appropriate as a core or satellite holding in a broader investment portfolio.