First Trust ETFs Rated 4 or 5 Stars by Morningstar

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	Monthly Performance Report

The following First Trust ETFs have received a four or five star Morningstar Rating^TM 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 6/30/2021.

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 Dow 30 Equal Weight ETF	EDOW			N/A	N/A	Large Value	1,141	1,012	740
First Trust Dow Jones Select MicroCap Index Fund	FDM					Small Value	409	383	285
First Trust Financials AlphaDEX® Fund	FXO					Financial	94	84	71
First Trust Institutional Preferred Securities and Income ETF	FPEI			N/A	N/A	Preferred Stock	57	46	25
First Trust International Equity Opportunities ETF	FPXI				N/A	Foreign Large Growth	384	323	225
First Trust Latin America AlphaDEX® Fund	FLN					Latin America Stock	22	19	18
First Trust Long/Short Equity ETF	FTLS				N/A	Long-Short Equity	179	151	49
First Trust Low Duration Opportunities ETF	LMBS				N/A	Short Government	79	75	65
First Trust Managed Municipal ETF	FMB				N/A	Muni National Interm	254	223	164
First Trust Materials AlphaDEX® Fund	FXZ					Natural Resources	105	98	86
First Trust Municipal CEF Income Opportunity ETF	MCEF			N/A	N/A	Muni National Long	144	123	98
First Trust Municipal High Income ETF	FMHI			N/A	N/A	High Yield Muni	182	151	103
First Trust NASDAQ-100-Technology Sector Index Fund	QTEC					Technology	215	182	157
First Trust North American Energy Infrastructure Fund	EMLP				N/A	Energy Limited Partnership	90	75	21
First Trust Preferred Securities and Income ETF	FPE				N/A	Preferred Stock	57	46	25
First Trust Rising Dividend Achievers ETF	RDVY				N/A	Large Value	1,141	1,012	740
First Trust RiverFront Dynamic Europe ETF	RFEU				N/A	Europe Stock	89	76	47
First Trust Senior Loan Fund	FTSL				N/A	Bank Loan	232	209	123
First Trust SMID Cap Rising Dividend Achievers ETF	SDVY			N/A	N/A	Mid-Cap Value	395	346	246
First Trust TCW Opportunistic Fixed Income ETF	FIXD			N/A	N/A	Intermediate Core-Plus Bond	550	478	341
First Trust TCW Unconstrained Plus Bond ETF	UCON			N/A	N/A	Nontraditional Bond	310	279	109
First Trust Value Line® Dividend Index Fund	FVD					Large Value	1,141	1,012	740
First Trust Water ETF	FIW					Natural Resources	105	98	86
FT Cboe Vest S&P 500® Dividend Aristocrats Target Income ETF®	KNG			N/A	N/A	Large Value	1,141	1,012	740
US Equity Dividend Select ETF	RNDV			N/A	N/A	Large Value	1,141	1,012	740

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 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.

©2021 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.