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First Trust S&P International Dividend Aristocrats ETF (FID)
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.
Index Description According to the Index Provider
  • 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
TickerFID
Fund TypeForeign Equity Income
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBrown Brothers Harriman
CUSIP33738R688
ISINUS33738R6889
Intraday NAVFIDIV
Fiscal Year-End09/30
ExchangeNasdaq
Inception8/22/2013
Inception Price$19.97
Inception NAV$19.97
Rebalance FrequencyAnnual
Expense Ratio*0.60%
* As of 2/1/2023
The Investment Advisor has implemented fee breakpoints, which reduce the fund's investment management fee at certain assets levels. Please see the fund's SAI for full details.
Current Fund Data (as of 1/31/2023)
Closing NAV1$16.24
Closing Market Price2$16.27
Bid/Ask Midpoint$16.30
Bid/Ask Premium0.37%
30-Day Median Bid/Ask Spread30.43%
Total Net Assets$66,596,535
Outstanding Shares4,100,002
Daily Volume34,113
Average 30-Day Daily Volume48,133
Closing Market Price 52-Week High/Low$19.00 / $13.33
Closing NAV 52-Week High/Low$18.06 / $13.31
Number of Holdings (excluding cash)79
Top Holdings (as of 1/31/2023)*
Holding Percent
New World Development Company Limited 2.12%
Adecco Group AG 1.92%
JB Hi-Fi Limited 1.78%
Longfor Group Holdings Limited 1.75%
A2A SpA 1.72%
BASF SE 1.70%
Guangdong Investment Limited 1.67%
Legal & General Group Plc 1.61%
Allied Properties Real Estate Investment Trust 1.54%
Power Assets Holdings Limited 1.52%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Distribution Information
Dividend per Share Amt (as of 2/1/2023)4$0.1979
30-Day SEC Yield (as of 12/30/2022)54.87%
12-Month Distribution Rate (as of 12/30/2022)64.20%
Index Yield (as of 12/30/2022)75.61%
Fund Characteristics (as of 1/31/2023)9
Maximum Market Cap.$147,933
Median Market Cap.$9,701
Minimum Market Cap.$966
Price/Earnings9.47
Price/Book0.95
Price/Cash Flow6.28
Price/Sales0.74
Top Country Exposure (as of 1/31/2023)
Country Percent
Canada 25.41%
Japan 18.27%
Hong Kong 16.25%
Switzerland 8.47%
United Kingdom 7.81%
Germany 5.14%
China 4.34%
Australia 3.00%
Italy 2.75%
South Korea 2.21%
Bid/Ask Premium/Discount (as of 1/31/2023)
  2022 Q1 2023 Q2 2023 Q3 2023
Days Traded at Premium 155 19 --- ---
Days Traded at Discount 96 1 --- ---
Top Sector Exposure (as of 1/31/2023)
Financials 25.33%
Real Estate 16.69%
Utilities 15.06%
Industrials 12.55%
Consumer Discretionary 6.54%
Materials 6.32%
Energy 5.25%
Consumer Staples 3.72%
Communication Services 3.62%
Information Technology 2.87%
Health Care 2.05%
Hypothetical Growth of $10,000 Since Inception (as of 1/31/2023) *