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 2/28/2021.
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 Alternative Absolute Return Strategy ETF
|
FAAR
|
|
|
N/A
|
N/A
|
Commodities Broad Basket
|
97
|
85
|
48
|
First Trust Dow 30 Equal Weight ETF
|
EDOW
|
|
|
N/A
|
N/A
|
Large Value
|
1,132
|
1,007
|
720
|
First Trust Dow Jones Select MicroCap Index Fund
|
FDM
|
|
|
|
|
Small Value
|
392
|
362
|
259
|
First Trust Financials AlphaDEX® Fund
|
FXO
|
|
|
|
|
Financial
|
93
|
84
|
71
|
First Trust International Equity Opportunities ETF
|
FPXI
|
|
|
|
N/A
|
Foreign Large Growth
|
391
|
319
|
229
|
First Trust Long/Short Equity ETF
|
FTLS
|
|
|
|
N/A
|
Long-Short Equity
|
182
|
149
|
48
|
First Trust Managed Municipal ETF
|
FMB
|
|
|
|
N/A
|
Muni National Interm
|
250
|
223
|
165
|
First Trust Materials AlphaDEX® Fund
|
FXZ
|
|
|
|
|
Natural Resources
|
104
|
97
|
86
|
First Trust Municipal CEF Income Opportunity ETF
|
MCEF
|
|
|
N/A
|
N/A
|
Muni National Long
|
139
|
123
|
99
|
First Trust Municipal High Income ETF
|
FMHI
|
|
|
N/A
|
N/A
|
High Yield Muni
|
179
|
152
|
100
|
First Trust Nasdaq Oil & Gas ETF
|
FTXN
|
|
|
N/A
|
N/A
|
Equity Energy
|
75
|
68
|
54
|
First Trust NASDAQ-100 Equal Weighted Index Fund
|
QQEW
|
|
|
|
|
Large Growth
|
1,191
|
1,068
|
784
|
First Trust North American Energy Infrastructure Fund
|
EMLP
|
|
|
|
N/A
|
Energy Limited Partnership
|
89
|
75
|
18
|
First Trust Preferred Securities and Income ETF
|
FPE
|
|
|
|
N/A
|
Preferred Stock
|
49
|
41
|
23
|
First Trust RBA American Industrial Renaissance® ETF
|
AIRR
|
|
|
|
N/A
|
Industrials
|
39
|
33
|
29
|
First Trust Rising Dividend Achievers ETF
|
RDVY
|
|
|
|
N/A
|
Large Value
|
1,132
|
1,007
|
720
|
First Trust Senior Loan Fund
|
FTSL
|
|
|
|
N/A
|
Bank Loan
|
232
|
208
|
98
|
First Trust SMID Cap Rising Dividend Achievers ETF
|
SDVY
|
|
|
N/A
|
N/A
|
Mid-Cap Value
|
395
|
344
|
247
|
First Trust TCW Opportunistic Fixed Income ETF
|
FIXD
|
|
|
N/A
|
N/A
|
Intermediate Core-Plus Bond
|
538
|
458
|
341
|
First Trust US Equity Opportunities ETF
|
FPX
|
|
|
|
|
Large Growth
|
1,191
|
1,068
|
784
|
First Trust Value Line® Dividend Index Fund
|
FVD
|
|
|
|
|
Large Value
|
1,132
|
1,007
|
720
|
First Trust Water ETF
|
FIW
|
|
|
|
|
Natural Resources
|
104
|
97
|
86
|
US Equity Dividend Select ETF
|
RNDV
|
|
|
N/A
|
N/A
|
Large Value
|
1,132
|
1,007
|
720
|
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.
©2021 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.