First Trust ETFs Rated 4 or 5 Stars by Morningstar

The following First Trust ETFs have received a four or five star Morningstar RatingTM based on risk adjusted returns. ETFs are rated from one to five stars, with the best performers receiving five stars and the worst performers receiving a single star. The top 10% of funds in each 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. Morningstar Ratings are as of 11/30/2019.

Click on the fund name for additional information and quarterly standardized performance returns.

Morningstar Ratings Fund Category Number of funds
in Category
Fund Name Ticker Overall Rating 3 yr. Rating 5 yr. Rating 10 yr. Rating   3 yr. 5 yr. 10 yr.
First Trust BuyWrite Income ETF FTHI 4 Stars 3 Stars 4 Stars N/A Options-based 110 65 12
First Trust Capital Strength ETF FTCS 4 Stars 4 Stars 5 Stars 4 Stars Large Blend 1,196 1,051 798
First Trust CEF Income Opportunity ETF FCEF 5 Stars 5 Stars N/A N/A World Allocation 378 316 178
First Trust Cloud Computing ETF SKYY 4 Stars 3 Stars 4 Stars N/A Technology 195 179 152
First Trust Dorsey Wright Momentum & Dividend ETF DDIV 4 Stars 4 Stars 4 Stars N/A Mid-Cap Value 376 342 236
First Trust Dow Jones Global Select Dividend Index Fund FGD 4 Stars 3 Stars 4 Stars 5 Stars Foreign Large Value 301 248 162
First Trust Dow Jones Internet Index Fund FDN 4 Stars 3 Stars 3 Stars 5 Stars Technology 195 179 152
First Trust Dow Jones Select MicroCap Index Fund FDM 4 Stars 4 Stars 5 Stars 4 Stars Small Value 385 339 234
First Trust Europe AlphaDEX® Fund FEP 4 Stars 3 Stars 4 Stars N/A Europe Stock 97 81 52
First Trust Eurozone AlphaDEX® ETF FEUZ 4 Stars 3 Stars 4 Stars N/A Europe Stock 97 81 52
First Trust Financials AlphaDEX® Fund FXO 4 Stars 3 Stars 3 Stars 4 Stars Financial 92 85 69
First Trust Horizon Managed Volatility Developed International ETF HDMV 5 Stars 5 Stars N/A N/A Foreign Large Blend 620 488 363
First Trust Long/Short Equity ETF FTLS 5 Stars 4 Stars 5 Stars N/A Long-Short Equity 198 135 39
First Trust Low Duration Opportunities ETF LMBS 4 Stars 3 Stars 5 Stars N/A Short-Term Bond 490 440 279
First Trust Managed Municipal ETF FMB 5 Stars 5 Stars 5 Stars N/A Muni National Interm 237 215 149
First Trust Materials AlphaDEX® Fund FXZ 4 Stars 3 Stars 4 Stars 4 Stars Natural Resources 113 109 80
First Trust Morningstar Dividend Leaders Index Fund FDL 5 Stars 3 Stars 5 Stars 5 Stars Large Value 1,082 944 685
First Trust Municipal CEF Income Opportunity ETF MCEF 5 Stars 5 Stars N/A N/A Muni National Interm 237 215 149
First Trust NASDAQ-100 Equal Weighted Index Fund QQEW 4 Stars 3 Stars 3 Stars 4 Stars Large Growth 1,223 1,089 817
First Trust NASDAQ-100-Technology Sector Index Fund QTEC 4 Stars 3 Stars 3 Stars 4 Stars Technology 195 179 152
First Trust North American Energy Infrastructure Fund EMLP 5 Stars 5 Stars 5 Stars N/A Energy Limited Partnership 85 71 1
First Trust Preferred Securities and Income ETF FPE 5 Stars 4 Stars 5 Stars N/A Preferred Stock 53 43 20
First Trust Rising Dividend Achievers ETF RDVY 5 Stars 5 Stars 5 Stars N/A Large Value 1,082 944 685
First Trust US Equity Opportunities ETF FPX 4 Stars 2 Stars 2 Stars 5 Stars Large Growth 1,223 1,089 817
First Trust Value Line® Dividend Index Fund FVD 5 Stars 4 Stars 5 Stars 5 Stars Large Value 1,082 944 685

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.

The Morningstar RatingTM 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.

©2019 Morningstar, Inc. All Rights Reserved. The Morningstar RatingTM 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.