First Trust Chindia ETF (FNI)

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	Fact Sheet
	Summary Prospectus
	Monthly Performance Report

Fund Summary

Investment Objective/Strategy - The First Trust Chindia ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the ISE ChIndia Index™.

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

Establish the total population of companies that are domiciled in either India or China and whose shares or ADRs are listed on a U.S. securities exchange.
Remove companies that do not meet the component eligibility criteria which include minimum market capitalization and trading volume requirements.
Rank the remaining stocks by their liquidity score. (Rank all eligible stocks separately by market cap and three month average daily dollar volume. Sum the ranks for each stock to get a liquidity score.)
Select the top 25 stocks from each country by liquidity score. If less than 25 stocks are available for a country, then continue selecting stocks from the other country until a maximum of 50 stocks are selected.
Weight according to the following methodology:
- top three ranked stocks in each country are weighted at 7% each.
- the next three in each country are weighted at 4% each.
- the next three in each country are weighted at 2% each and the remaining stocks are equally weighted.
The ISE ChIndia Index^TM is rebalanced on the application of the above model on a semi-annual basis.

Fund Overview

Ticker	FNI
Fund Type	Global Equity
Investment Advisor	First Trust Advisors L.P.
Investor Servicing Agent	Bank of New York Mellon
CUSIP	33733A102
ISIN	US33733A1025
Intraday NAV	FNIIV
Fiscal Year-End	12/31
Exchange	NYSE Arca
Inception	5/8/2007
Inception Price	$20.00
Inception NAV	$20.00
Rebalance Frequency	Semi-Annual
Gross Expense Ratio*	0.59%
Net Expense Ratio*	0.59%

* As of 5/1/2019

Expenses are capped contractually at 0.60% per year, at least until April 30, 2020.

Current Fund Data (as of 5/20/2019)

Closing NAV¹	$34.50
Closing Market Price²	$34.53
Bid/Ask Midpoint	$34.46
Bid/Ask Discount	0.10%
Total Net Assets	$115,558,902
Outstanding Shares	3,350,002
Daily Volume	6,911
Average 30-Day Daily Volume	20,436
Closing Market Price 52-Week High/Low	$41.54 / $29.74
Closing NAV 52-Week High/Low	$41.59 / $29.84
Number of Holdings	50

Fund Characteristics (as of 4/30/2019)⁸

Maximum Market Cap.	$481,031
Median Market Cap.	$11,790
Minimum Market Cap.	$628
Price/Earnings	26.04
Price/Book	2.67
Price/Cash Flow	15.10
Price/Sales	1.60

Top Holdings (as of 5/20/2019)

Holding	Percent
JD.com, Inc. (ADR)	8.86%
HDFC Bank Ltd. (ADR)	8.10%
ICICI Bank Limited (ADR)	7.59%
Infosys Limited (ADR)	6.90%
Alibaba Group Holding Limited (ADR)	6.62%
Ctrip.com International, Ltd. (ADR)	4.73%
TAL Education Group (ADR)	4.66%
Wipro Ltd. (ADR)	4.43%
NetEase, Inc. (ADR)	4.30%
Baidu, Inc. (ADR)	4.14%

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 5/21/2019)³	$0.1564
30-Day SEC Yield (as of 4/30/2019)⁴	0.18%
Unsubsidized 30-Day SEC Yield (as of 4/30/2019)⁵	0.15%
12-Month Distribution Rate (as of 4/30/2019)⁶	1.22%
Index Yield (as of 4/30/2019)⁷	0.88%

Bid/Ask Midpoint vs. NAV (as of 3/31/2019)

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
3/31/2019	13	0	0	0
12/31/2018	20	1	0	0
9/30/2018	26	0	0	1
6/30/2018	44	0	0	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
3/31/2019	48	0	0	0
12/31/2018	41	1	0	0
9/30/2018	36	0	0	0
6/30/2018	20	0	0	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 Sector Exposure (as of 5/20/2019)

Consumer Discretionary	40.67%
Financials	18.52%
Communication Services	16.66%
Information Technology	14.22%
Health Care	3.59%
Materials	3.21%
Energy	1.76%
Industrials	1.37%

Month End Performance (as of 4/30/2019)

	3 Mos	YTD	1 Year	3 Year	5 Year	10 Year	Since Fund Inception⁹
Fund Performance *
Net Asset Value (NAV)	10.69%	23.25%	-0.52%	13.15%	8.09%	12.40%	6.69%
After Tax Held	10.69%	23.25%	-1.05%	12.42%	7.53%	11.88%	6.23%
After Tax Sold	6.33%	13.76%	-0.33%	9.94%	6.09%	10.09%	5.20%
Market Price	10.81%	23.44%	-0.57%	13.16%	8.14%	12.40%	6.69%

Index Performance **
ISE ChIndia Index™	10.82%	23.41%	-0.01%	13.73%	8.62%	12.96%	7.24%
MSCI Emerging Markets Index	3.19%	12.24%	-5.04%	11.25%	4.04%	7.50%	3.10%
Russell 3000® Index	9.22%	18.60%	12.68%	14.74%	11.20%	15.29%	8.00%

Quarter End Performance (as of 3/29/2019)

	3 Mos	YTD	1 Year	3 Year	5 Year	10 Year	Since Fund Inception⁹
Fund Performance *
Net Asset Value (NAV)	20.08%	20.08%	-3.92%	12.61%	6.33%	14.13%	6.50%
After Tax Held	20.08%	20.08%	-4.43%	11.89%	5.78%	13.60%	6.05%
After Tax Sold	11.89%	11.89%	-2.34%	9.51%	4.68%	11.64%	5.04%
Market Price	20.23%	20.23%	-3.99%	12.60%	6.35%	14.13%	6.50%

Index Performance **
ISE ChIndia Index™	20.17%	20.17%	-3.45%	13.19%	6.84%	14.70%	7.06%
MSCI Emerging Markets Index	9.93%	9.93%	-7.28%	10.68%	3.68%	8.94%	2.94%
Russell 3000® Index	14.04%	14.04%	8.77%	13.48%	10.36%	16.00%	7.70%

3-Year Statistics (as of 4/30/2019)

	Standard Deviation	Alpha	Beta	Sharpe Ratio	Correlation
FNI	15.87%	2.09	1.00	0.78	0.82
MSCI Emerging Markets Index	13.04%	---	1.00	0.79	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. The fund's performance reflects fee waivers and expense reimbursements, absent which performance would have been lower.

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 ISE ChIndia Index™ 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.

MSCI Emerging Markets Index - The Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets.

Russell 3000® Index - The Index is comprised of the 3000 largest and most liquid stocks based and traded in the U.S.

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	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.
⁴	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.
⁵	The unsubsidized 30-day SEC yield is calculated the same as the 30-day SEC yield, however it excludes contractual fee waivers and expense reimbursements.
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 ISE ChIndia Index(TM).
⁸	All market capitalization numbers are in USD$ Millions.
⁹	Inception Date is 5/8/2007

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 NYSE Arca, Inc.

The fund's return may not match the return of the ISE ChIndia Index™. 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 stock owned by the fund, fund shares or stocks in general may fall in value. There can be no assurance that the fund's investment objective will be achieved.

The fund may invest in securities issued by companies concentrated in a particular 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 economy of China differs, often unfavorably, from the U.S. economy in such respects as structure, general development, government involvement, wealth distribution, rate of inflation, growth rate, allocation of resources and capital reinvestment, among others. The central government has historically exercised substantial control over virtually every sector of the Chinese economy through administrative regulation and/or state ownership. Actions of the Chinese central and local government authorities continue to have a substantial effect on economic conditions in China. Furthermore, China's economy is dependent on the economies of other Asian countries and can be significantly affected by currency fluctuations and increasing competition from Asia's other emerging economies.

Indian companies are subject to certain risks, including greater price volatility, substantially less liquidity and significantly smaller market capitalization of securities markets, more substantial governmental involvement in the economy, higher rates of inflation, and greater political, economic and social uncertainty. Government controls have been reduced on imports and foreign investment, and privatization of domestic output has proceeded slowly. Rapid economic growth has put heavy stress on India's infrastructural facilities. Furthermore, businesses still have to deal with an inefficient and sometimes slow-moving bureaucracy.

The fund is classified as "non-diversified" and may invest a relatively high percentage of its assets in a limited number of issuers. As a result, the fund may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly concentrated in certain issuers.

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.

The First Trust Chindia ETF is not sponsored, endorsed, sold or promoted by Nasdaq, Inc., or its affiliates (Nasdaq, with its affiliates, are referred to as the "Corporations"). The Corporations' only relationship to First Trust is in the licensing of Nasdaq, Inc. and certain trade names of the Corporations and the use of the ISE Index which is determined, composed and calculated by Nasdaq, Inc. without regard to First Trust or the Fund.

Not FDIC Insured • Not Bank Guaranteed • May Lose Value