First Trust ETFs Rated 4 or 5 Stars by Morningstar

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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 10/31/2025.

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 Active Factor Mid Cap ETF	AFMC				N/A	Mid-Cap Blend	375	346	N/A
First Trust Active Factor Small Cap ETF	AFSM				N/A	Small Blend	569	551	N/A
First Trust BuyWrite Income ETF	FTHI					Derivative Income	79	66	33
First Trust China AlphaDEX® Fund	FCA					China Region	73	57	38
First Trust Dorsey Wright Momentum & Dividend ETF	DDIV					Mid-Cap Value	377	356	286
First Trust Dorsey Wright Momentum & Value ETF	DVLU				N/A	Mid-Cap Value	377	356	N/A
First Trust Dow Jones Select MicroCap Index Fund	FDM					Small Value	462	435	361
First Trust Flexible Municipal High Income ETF	MFLX				N/A	Muni National Long	159	156	N/A
First Trust Global Tactical Commodity Strategy Fund	FTGC					Commodities Broad Basket	95	91	66
First Trust Income Opportunities ETF	FCEF				N/A	Global Moderately Conservative Allocation	225	218	N/A
First Trust Indxx Aerospace & Defense ETF	MISL			N/A	N/A	Industrials	46	N/A	N/A
First Trust Innovation Leaders ETF	ILDR			N/A	N/A	Large Growth	1,015	N/A	N/A
First Trust Institutional Preferred Securities and Income ETF	FPEI				N/A	Preferred Stock	66	59	N/A
First Trust Latin America AlphaDEX® Fund	FLN					Latin America Stock	16	15	10
First Trust Long Duration Opportunities ETF	LGOV				N/A	Long Government	42	35	N/A
First Trust Long/Short Equity ETF	FTLS					Long-Short Equity	83	78	51
First Trust Low Duration Opportunities ETF	LMBS					Short Government	68	62	56
First Trust Managed Municipal ETF	FMB					Muni National Interm	260	239	181
First Trust Mid Cap Growth AlphaDEX® Fund	FNY					Mid-Cap Growth	472	443	367
First Trust Multi Cap Growth AlphaDEX® Fund	FAD					Mid-Cap Growth	472	443	367
First Trust Multi-Manager Small Cap Opportunities ETF	MMSC			N/A	N/A	Small Growth	516	N/A	N/A
First Trust Nasdaq Pharmaceuticals ETF	FTXH				N/A	Health	165	152	N/A
First Trust NASDAQ Technology Dividend Index Fund	TDIV					Technology	246	214	155
First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund	GRID					Infrastructure	81	77	47
First Trust North American Energy Infrastructure Fund	EMLP					Energy Limited Partnership	91	90	65
First Trust Preferred Securities and Income ETF	FPE					Preferred Stock	66	59	39
First Trust RBA American Industrial Renaissance® ETF	AIRR					Industrials	46	41	32
First Trust Rising Dividend Achievers ETF	RDVY					Large Value	1,084	1,027	842
First Trust RiverFront Dynamic Emerging Markets ETF	RFEM				N/A	Diversified Emerging Mkts	694	618	N/A
First Trust S&P REIT Index Fund	FRI					Real Estate	207	192	150
First Trust Small Cap Growth AlphaDEX® Fund	FYC					Small Growth	516	496	392
First Trust SMID Cap Rising Dividend Achievers ETF	SDVY				N/A	Small Value	462	435	N/A
First Trust S-Network E-Commerce ETF	ISHP				N/A	Consumer Cyclical	47	45	N/A
First Trust S-Network Future Vehicles & Technology ETF	CARZ					Consumer Cyclical	47	45	37
First Trust US Equity Opportunities ETF	FPX					Mid-Cap Growth	472	443	367
First Trust Utilities AlphaDEX® Fund	FXU					Utilities	52	51	46
First Trust Water ETF	FIW					Natural Resources	115	107	93

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.

©2025 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.