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 8/31/2023.

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.
Emerging Markets Equity Select ETF	RNEM				N/A	Diversified Emerging Mkts	718	644	N/A
First Trust California Municipal High Income ETF	FCAL				N/A	Muni California Long	105	97	N/A
First Trust Dorsey Wright DALI 1 ETF	DALI				N/A	Tactical Allocation	229	213	N/A
First Trust Dorsey Wright Momentum & Value ETF	DVLU			N/A	N/A	Mid-Cap Value	379	N/A	N/A
First Trust EIP Carbon Impact ETF	ECLN			N/A	N/A	Utilities	59	N/A	N/A
First Trust Emerging Markets Small Cap AlphaDEX® Fund	FEMS					Diversified Emerging Mkts	718	644	389
First Trust Flexible Municipal High Income ETF	MFLX				N/A	Muni National Long	152	136	N/A
First Trust Global Tactical Commodity Strategy Fund	FTGC				N/A	Commodities Broad Basket	101	98	N/A
First Trust Institutional Preferred Securities and Income ETF	FPEI				N/A	Preferred Stock	64	58	N/A
First Trust Latin America AlphaDEX® Fund	FLN					Latin America Stock	21	18	15
First Trust Long Duration Opportunities ETF	LGOV			N/A	N/A	Long Government	36	N/A	N/A
First Trust Long/Short Equity ETF	FTLS				N/A	Long-Short Equity	170	151	N/A
First Trust Materials AlphaDEX® Fund	FXZ					Natural Resources	108	102	88
First Trust Multi Cap Growth AlphaDEX® Fund	FAD					Mid-Cap Growth	521	490	384
First Trust Municipal High Income ETF	FMHI				N/A	High Yield Muni	190	176	N/A
First Trust Nasdaq Semiconductor ETF	FTXL				N/A	Technology	228	202	N/A
First Trust NASDAQ Technology Dividend Index Fund	TDIV					Technology	228	202	157
First Trust NASDAQ-100 Equal Weighted Index Fund	QQEW					Large Growth	1,122	1,035	803
First Trust NASDAQ-100-Technology Sector Index Fund	QTEC					Technology	228	202	157
First Trust North American Energy Infrastructure Fund	EMLP					Energy Limited Partnership	100	91	51
First Trust Preferred Securities and Income ETF	FPE					Preferred Stock	64	58	35
First Trust RBA American Industrial Renaissance® ETF	AIRR				N/A	Industrials	41	37	N/A
First Trust Rising Dividend Achievers ETF	RDVY				N/A	Large Value	1,141	1,084	N/A
First Trust Senior Loan Fund	FTSL					Bank Loan	228	218	160
First Trust SMID Cap Rising Dividend Achievers ETF	SDVY				N/A	Small Value	446	420	N/A
First Trust TCW Unconstrained Plus Bond ETF	UCON				N/A	Nontraditional Bond	288	248	N/A
First Trust Ultra Short Duration Municipal ETF	FUMB			N/A	N/A	Muni National Short	206	N/A	N/A
First Trust Water ETF	FIW					Natural Resources	108	102	88
FT Cboe Vest Fund of Buffer ETFs	BUFR			N/A	N/A	Options Trading	161	N/A	N/A
FT Cboe Vest U.S. Equity Buffer ETF - February	FFEB			N/A	N/A	Options Trading	161	N/A	N/A
FT Cboe Vest U.S. Equity Buffer ETF - July	FJUL			N/A	N/A	Options Trading	161	N/A	N/A
FT Cboe Vest U.S. Equity Buffer ETF - June	FJUN			N/A	N/A	Options Trading	161	N/A	N/A

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.

©2023 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.