First Trust S&P International Dividend Aristocrats ETF (FID)

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	Fact Sheet
	Summary Prospectus
	Monthly Performance Report
	Investor Guide

Fund Summary

Investment Objective/Strategy - The First Trust S&P International Dividend Aristocrats ETF (the "Fund"), formerly the International Multi-Asset Diversified Income Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the S&P International Dividend Aristocrats Index (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation.

There can be no assurance that the Fund's investment objectives will be achieved.

The index begins with the S&P Global Broad Market Index and eliminates those companies that do not have an average daily traded value of at least $5 million for the 3-months prior to the rebalancing reference date.
Every security must have a float-adjusted market capitalization of at least $1 billion and must meet stringent eligibility criteria.
- Historical dividend increases, dividend yield and payout ratio are examined.
The 100 eligible securities with the highest indicated dividend yield are considered, subject to a maximum of 20 securities from any one country and a maximum of 35 securities from any one Global Industry Classification Standard (GICS) sector.
- U.S. stocks are excluded from inclusion and approximately 80 - 100 eligible securities are selected.
Index constituents are weighted by indicated annual dividend yield. At each rebalancing, the weight for each index constituent is capped at 3%, and the weight of each country and GICS sector is capped at 25%, respectively.
The index is rebalanced annually.

Fund Overview

Ticker	FID
Fund Type	Foreign Equity Income
Investment Advisor	First Trust Advisors L.P.
Investor Servicing Agent	Brown Brothers Harriman
CUSIP	33738R688
ISIN	US33738R6889
Intraday NAV	FIDIV
Fiscal Year-End	09/30
Exchange	Nasdaq
Inception	8/22/2013
Inception Price	$19.97
Inception NAV	$19.97
Rebalance Frequency	Annual
Expense Ratio	0.60%

Current Fund Data (as of 4/3/2020)

Closing NAV¹	$12.38
Closing Market Price²	$12.36
Bid/Ask Midpoint	$12.37
Bid/Ask Discount	0.05%
Total Net Assets	$14,850,863
Outstanding Shares	1,200,002
Daily Volume	8,436
Average 30-Day Daily Volume	22,232
Closing Market Price 52-Week High/Low	$18.47 / $11.12
Closing NAV 52-Week High/Low	$18.39 / $11.10
Number of Holdings (excluding cash)	78

Fund Characteristics (as of 3/31/2020)⁸

Maximum Market Cap.	$100,071
Median Market Cap.	$8,895
Minimum Market Cap.	$883
Price/Earnings	11.09
Price/Book	0.93
Price/Cash Flow	6.14
Price/Sales	0.75

Top Holdings (as of 4/2/2020)*

Holding	Percent
Freenet AG	2.53%
Japan Tobacco, Inc.	2.09%
Enagas S.A.	2.07%
Red Electrica Corporacion S.A.	1.95%
Nokian Renkaat Oyj	1.89%
Societe BIC S.A.	1.82%
BCE Inc.	1.81%
AGL Energy Ltd.	1.79%
Hengan International Group Company Limited	1.78%
Lagardere S.C.A.	1.72%

* Excluding cash. Holdings are subject to change.

NAV History (Since Inception)

Past performance is not indicative of future results.

Overall Morningstar Rating^TM (as of 2/29/2020)³

Among 301 funds in the Foreign Large Value category. This fund was rated 5 stars/301 funds (3 years), 5 stars/247 funds (5 years) based on risk adjusted returns.

Distribution Information

Dividend per Share Amt (as of 4/6/2020)⁴	$0.0560
30-Day SEC Yield (as of 2/28/2020)⁵	4.67%
12-Month Distribution Rate (as of 2/28/2020)⁶	4.11%
Index Yield (as of 2/28/2020)⁷	5.73%

Bid/Ask Midpoint vs. NAV (as of 3/31/2020)

Number of Days Bid/Ask Midpoint Above NAV

Quarter Ended	0-49 Basis Points	50-99 Basis Points	100-199 Basis Points	>=200 Basis Points
3/31/2020	24	5	0	0
12/31/2019	13	4	0	0
9/30/2019	44	2	0	0
6/30/2019	16	6	2	0

Number of Days Bid/Ask Midpoint Below NAV

Quarter Ended	0-49 Basis Points	50-99 Basis Points	100-199 Basis Points	>=200 Basis Points
3/31/2020	20	9	3	1
12/31/2019	39	8	0	0
9/30/2019	16	2	0	0
6/30/2019	28	10	1	0

The price used to calculate market return is determined by using the midpoint between the highest bid and the lowest offer on the stock exchange, on which shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated.

Top Country Exposure (as of 4/2/2020)

Country	Percent
Canada	20.22%
France	12.77%
Japan	11.78%
Hong Kong	8.86%
United Kingdom	6.57%
Australia	5.99%
Finland	4.44%
Spain	4.06%
South Korea	3.85%
Singapore	3.67%

Top Sector Exposure (as of 4/2/2020)

Financials	23.13%
Utilities	18.56%
Communication Services	16.02%
Real Estate	12.12%
Consumer Discretionary	6.28%
Energy	6.17%
Industrials	5.24%
Consumer Staples	5.15%
Information Technology	3.09%
Materials	2.84%
Health Care	1.40%

Month End Performance (as of 2/28/2020)

	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	Since Fund Inception⁹
Fund Performance *
Net Asset Value (NAV)	-5.65%	-9.62%	2.13%	3.36%	1.43%	N/A	1.93%
After Tax Held	-6.21%	-9.62%	0.55%	1.41%	-0.51%	N/A	-0.13%
After Tax Sold	-3.31%	-5.70%	1.31%	1.74%	0.22%	N/A	0.55%
Market Price	-5.67%	-10.13%	1.64%	3.57%	1.36%	N/A	1.91%

Index Performance **
S&P International Dividend Aristocrats	-5.66%	-9.83%	2.82%	N/A	N/A	N/A	N/A
Dow Jones EPAC Select Dividend™ Index	-6.57%	-10.76%	-0.27%	4.42%	1.68%	N/A	2.88%
MSCI World ex USA Index	-7.79%	-10.64%	-0.39%	3.89%	1.96%	N/A	3.26%

Quarter End Performance (as of 12/31/2019)

	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	Since Fund Inception⁹
Fund Performance *
Net Asset Value (NAV)	8.48%	21.07%	21.07%	8.95%	3.65%	N/A	3.62%
After Tax Held	7.83%	19.19%	19.19%	6.88%	1.64%	N/A	1.46%
After Tax Sold	5.02%	12.41%	12.41%	5.96%	1.84%	N/A	1.75%
Market Price	8.51%	21.83%	21.83%	9.95%	3.76%	N/A	3.68%

Index Performance **
S&P International Dividend Aristocrats	8.63%	22.71%	22.71%	N/A	N/A	N/A	N/A
Dow Jones EPAC Select Dividend™ Index	10.34%	23.08%	23.08%	9.78%	4.94%	N/A	4.81%
MSCI World ex USA Index	7.86%	22.49%	22.49%	9.34%	5.42%	N/A	5.19%

3-Year Statistics (as of 2/28/2020)

	Standard Deviation	Alpha	Beta	Sharpe Ratio	Correlation
FID	10.92%	-0.19	0.82	0.19	0.93
Dow Jones EPAC Select Dividend™ Index	12.93%	0.55	1.01	0.26	0.96
MSCI World ex USA Index	12.30%	---	1.00	0.22	1.00

Standard Deviation is a measure of price variability (risk). Alpha is an indication of how much an investment outperforms or underperforms on a risk-adjusted basis relative to its benchmark.Beta is a measure of price variability relative to the market. Sharpe Ratio is a measure of excess reward per unit of volatility. Correlation is a measure of the similarity of performance.

*Performance data quoted represents past performance. Past performance is not a guarantee of future results and current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and shares when sold or redeemed, may be worth more or less than their original cost.

After Tax Held returns represent return after taxes on distributions. Assumes shares have not been sold. After Tax Sold returns represent the return after taxes on distributions and the sale of fund shares. Returns do not represent the returns you would receive if you traded shares at other times. Market Price returns are based on the midpoint of the bid/ask spread on the stock exchange on which shares of the fund are listed for trading as of the time that the fund’s NAV is calculated. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

**Performance information for the S&P International Dividend Aristocrats is for illustrative purposes only and does not represent actual fund performance.

Indexes do not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the performance shown. Indexes are unmanaged and an investor cannot invest directly in an index.

On August 30, 2018, the fund's underlying index changed from the NASDAQ International Multi-Asset Diversified Income Index to the S&P International Dividend Aristocrats Index. Therefore, the fund’s performance and historical returns shown for the periods prior to this date are not necessarily indicative of the performance that the fund, based on its current index, would have generated.

Dow Jones EPAC Select Dividend™ Index - The Index consists of high dividend paying companies in the EPAC (Europe, Pacific, Asia and Canada) region, which covers developed markets excluding the United States.

MSCI World ex USA Index - The Index includes developed markets and is designed to provide a broad measure of stock performance throughout the world, with the exception of U.S.-based companies.

Footnotes

¹	The NAV represents the fund's net assets (assets less liabilities) divided by the fund's outstanding shares .
²	Fund shares are purchased and sold on an exchange at their market price rather than net asset value (NAV), which may cause the shares to trade at a price greater than NAV (premium) or less than NAV (discount).
³	The Morningstar Rating^TM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
⁴	Most recent distribution paid or declared to today's date. Subject to change in the future. There is no guarantee that the fund will declare dividends.
⁵	The 30-day SEC yield is calculated by dividing the net investment income per share earned during the most recent 30-day period by the maximum offering price per share on the last day of the period and includes the effects of fee waivers and expense reimbursements, if applicable.
⁶	12-Month Distribution Rate is calculated by dividing the sum of the fund's trailing 12-month ordinary distributions paid or declared by the NAV price. Distribution rates may vary.
⁷	Index yield represents the weighted average trailing 12-month dividend of the constituents of the S&P International Dividend Aristocrats.
⁸	All market capitalization numbers are in USD$ Millions.
⁹	Inception Date is 8/22/2013

You should consider the fund's investment objectives, risks, and charges and expenses carefully before investing. You can download a prospectus or summary prospectus, or contact First Trust Portfolios L.P. at 1-800-621-1675 to request a prospectus or summary prospectus which contains this and other information about the fund. The prospectus or summary prospectus should be read carefully before investing.

ETF Characteristics

The fund lists and principally trades its shares on The Nasdaq Stock Market LLC.

The fund's return may not match the return of the S&P International Dividend Aristocrats. Securities held by the fund will generally not be bought or sold in response to market fluctuations.

Investors buying or selling fund shares on the secondary market may incur customary brokerage commissions. Market prices may differ to some degree from the net asset value of the shares. Investors who sell fund shares may receive less than the share's net asset value. Shares may be sold throughout the day on the exchange through any brokerage account. However, unlike mutual funds, shares may only be redeemed directly from the fund by authorized participants, in very large creation/redemption units. If the fund's authorized participants are unable to proceed with creation/redemption orders and no other authorized participant is able to step forward to create or redeem, fund shares may trade at a discount to the fund's net asset value and possibly face delisting.

Risk Considerations

The fund's shares will change in value and you could lose money by investing in the fund. One of the principal risks of investing in the fund is market risk. Market risk is the risk that a particular security owned by the fund, fund shares or securities in general may fall in value. There can be no assurance that the fund's investment objective will be achieved. The outbreak of the respiratory disease designated as COVID-19 in December 2019 has caused significant volatility and declines in global financial markets, which have caused losses for investors. The impact of this COVID-19 pandemic may be short term or may last for an extended period of time, and in either case could result in a substantial economic downturn or recession.

The fund is not actively managed and generally will not attempt to take defensive positions in declining markets.

The fund currently has fewer assets than larger funds, and like other relatively new funds, large inflows and outflows may impact the fund's market exposure for limited periods of time.

The fund may invest in securities issued by companies concentrated in a particular industry or sector, which involves additional risks, including limited diversification. The fund may invest in small capitalization and mid capitalization companies. Such companies may experience greater price volatility than larger, more established companies.

An investment in a fund containing securities of non-U.S. issuers is subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers. These risks may be heightened for securities of companies located in, or with significant operations in, emerging market countries. The fund may invest in depositary receipts which may be less liquid than the underlying shares in their primary trading market.

The fund may hold investments that are denominated in non-U.S. currencies, or in securities that provide exposure to such currencies, currency exchange rates or interest rates denominated in such currencies. Changes in currency exchange rates and the relative value of non-U.S. currencies will affect the value of the fund's investment and the value of fund shares

There is no guarantee that the issuers of the securities in the portfolio will declare dividends in the future or that, if declared, they will either remain at current levels or increase over time.

As the use of Internet technology has become more prevalent in the course of business, the fund has become more susceptible to potential operational risks through breaches in cyber security.

First Trust Advisors L.P. is the adviser to the fund. First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.

S&P International Dividend Aristocrats Index (“Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by First Trust. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by First Trust. The Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the Index.

©2020 Morningstar, Inc. All Rights Reserved. The Morningstar Rating^TM information contained herein: (1) is proprietary to Morningstar;(2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Not FDIC Insured • Not Bank Guaranteed • May Lose Value