First Trust Global Wind Energy ETF (FAN)

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	Fact Sheet
	Summary Prospectus
	Monthly Performance Report

Fund Summary

Investment Objective/Strategy - First Trust Global Wind Energy 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 the Fund's fees and expenses, of an equity index called the ISE Clean Edge Global Wind Energy Index.

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

This exchange-traded fund seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of the ISE Clean Edge Global Wind Energy Index. The index is constructed as follows:

Companies in the index universe that are identified as providing goods and services exclusively to the wind energy industry are given an aggregate weight of 66.67% of the index.Those companies determined to be significant participants in the wind energy industry despite not being exclusive to such industry are given an aggregate weight of 33.33% of the index.This weighting is done to ensure that companies that are exclusive to the wind energy industry, which generally have smaller market capitalizations relative to their multi-industry counterparts, are adequately represented in the index.
The index uses a modified market capitalization weighted methodology for each group of companies. The methodology organizes the companies into quintiles based upon their market capitalization. The quintiles containing larger market capitalization companies receive a higher weight than those quintiles containing small market capitalization companies.The resulting weight distribution prevents a few large companies from dominating the index while allowing smaller companies to adequately influence index performance.The companies are equally-weighted within each quintile.
The component security must be actively engaged in some aspect of the wind energy industry such as the development or management of a wind farm, the production or distribution of electricity generated by wind power, involvement in the design, manufacture or distribution of machinery or materials designed specifically for the wind energy industry.
Each component security must have a market capitalization of at least $100 million and meet certain investability requirements.
The index is reconstituted and rebalanced semi-annually.

Fund Overview

Ticker	FAN
Fund Type	Foreign Equity
Investment Advisor	First Trust Advisors L.P.
Investor Servicing Agent	Bank of New York Mellon
CUSIP	33736G106
ISIN	US33736G1067
Intraday NAV	FANIV
Fiscal Year-End	09/30
Exchange	NYSE Arca
Inception	6/16/2008
Inception Price	$30.00
Inception NAV	$30.00
Rebalance Frequency	Semi-Annual
Gross Expense Ratio*	0.68%
Net Expense Ratio*	0.60%

* As of 2/1/2019

Expenses are capped contractually at 0.60% per year, at least until January 31, 2020.

Current Fund Data (as of 6/14/2019)

Closing NAV¹	$13.13
Closing Market Price²	$13.13
Bid/Ask Midpoint	$13.11
Bid/Ask Discount	0.12%
Total Net Assets	$71,535,971
Outstanding Shares	5,450,002
Daily Volume	5,959
Average 30-Day Daily Volume	32,422
Closing Market Price 52-Week High/Low	$13.36 / $11.09
Closing NAV 52-Week High/Low	$13.33 / $11.17
Number of Holdings	45

Fund Characteristics (as of 5/31/2019)⁸

Maximum Market Cap.	$94,930
Median Market Cap.	$6,766
Minimum Market Cap.	$93
Price/Earnings	15.51
Price/Book	1.72
Price/Cash Flow	7.89
Price/Sales	1.18

Top Holdings (as of 6/14/2019)

Holding	Percent
Orsted A/S	9.22%
Siemens Gamesa Renewable Energy	8.54%
Vestas Wind Systems A/S	8.07%
Northland Power Inc.	6.50%
China Longyuan Power Group Corporation Limited (Class H)	5.71%
Pattern Energy Group Inc.	4.32%
The Renewables Infrastructure Group Limited	4.05%
Boralex Inc.	3.29%
Nordex SE	2.76%
Iberdrola S.A.	2.36%

Holdings are subject to change.

Top Country Exposure (as of 6/14/2019)

Country	Percent
Denmark	17.29%
United States	16.29%
Spain	13.83%
Canada	10.05%
Germany	8.91%
China	7.76%
Japan	4.12%
Guernsey	4.05%
Italy	3.43%
Australia	2.60%

NAV History (Since Inception)

Past performance is not indicative of future results.

Distribution Information

Dividend per Share Amt (as of 6/18/2019)³	$0.1021
30-Day SEC Yield (as of 5/31/2019)⁴	1.48%
Unsubsidized 30-Day SEC Yield (as of 5/31/2019)⁵	1.37%
12-Month Distribution Rate (as of 5/31/2019)⁶	2.82%
Index Yield (as of 5/31/2019)⁷	3.27%

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	7	0	0	0
12/31/2018	9	0	0	0
9/30/2018	14	0	0	0
6/30/2018	38	2	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	52	2	0	0
12/31/2018	42	12	0	0
9/30/2018	45	4	0	0
6/30/2018	24	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 6/14/2019)

Utilities	60.90%
Industrials	36.83%
Materials	2.19%
Energy	0.08%

Month End Performance (as of 5/31/2019)

	3 Mos	YTD	1 Year	3 Year	5 Year	10 Year	Since Fund Inception⁹
Fund Performance *
Net Asset Value (NAV)	-1.62%	11.12%	-3.06%	5.27%	2.75%	0.36%	-5.60%
After Tax Held	-1.90%	10.80%	-4.18%	3.61%	1.35%	-0.56%	-6.40%
After Tax Sold	-0.95%	6.59%	-1.83%	3.28%	1.44%	-0.16%	-4.26%
Market Price	-1.78%	11.26%	-3.86%	5.19%	2.55%	0.28%	-5.63%

Index Performance **
ISE Clean Edge Global Wind Energy Index	-1.63%	11.68%	-2.53%	5.95%	3.47%	1.21%	-4.86%
MSCI World Index	-1.15%	9.75%	-0.29%	9.00%	5.62%	9.96%	5.24%
Russell 3000® Index	-1.32%	10.92%	2.50%	11.55%	9.25%	13.93%	8.86%

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)	14.18%	14.18%	0.73%	7.84%	4.85%	4.55%	-5.44%
After Tax Held	13.85%	13.85%	-0.43%	6.15%	3.42%	3.60%	-6.26%
After Tax Sold	8.39%	8.39%	0.40%	5.25%	3.05%	3.13%	-4.18%
Market Price	14.60%	14.60%	0.43%	7.92%	4.86%	4.44%	-5.45%

Index Performance **
ISE Clean Edge Global Wind Energy Index	14.68%	14.68%	1.67%	8.53%	5.62%	5.41%	-4.69%
MSCI World Index	12.48%	12.48%	4.08%	10.68%	6.78%	12.38%	5.56%
Russell 3000® Index	14.04%	14.04%	8.77%	13.48%	10.36%	16.00%	9.29%

3-Year Statistics (as of 5/31/2019)

	Standard Deviation	Alpha	Beta	Sharpe Ratio	Correlation
FAN	14.65%	-2.26	0.69	0.33	0.57
MSCI World Index	10.89%	-1.13	0.87	0.72	0.96
Russell 3000® Index	12.05%	---	1.00	0.86	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 Clean Edge Global Wind Energy 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 World Index - The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of 23 developed markets around the world.

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 Clean Edge Global Wind Energy Index.
⁸	All market capitalization numbers are in USD$ Millions.
⁹	Inception Date is 6/16/2008

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 Clean Edge Global Wind Energy 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 small capitalization and mid capitalization companies. Such companies may experience greater price volatility than larger, more established companies.

The fund may invest in securities issued by companies concentrated in a particular country which involves additional risks including limited diversification.

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. The fund may invest in depositary receipts which may be less liquid than the underlying shares in their primary trading market.

The fund contains the securities of companies in the wind energy, utility and industrial sectors, among others. Wind energy companies can be significantly affected by obsolescence of existing technology, short product cycles, falling prices and profits, competition from new market entrants and general economic conditions. This can be significantly affected by fluctuations in energy prices and supply and demand of alternative energy fuels, energy conservation, and government regulations.

Industrials companies are subject to certain risks, including include the general state of the economy, intense competition, consolidation, domestic and international politics, excess capacity and consumer demand and spending trends. They may also be significantly affected by overall capital spending levels, economic cycles, technical obsolescence, delays in modernization, labor relations, and government regulations.

Utilities companies are subject to imposition of rate caps, increased competition, difficulty in obtaining an adequate return on invested capital or in financing large construction projects, limitations on operations and increased costs attributable to environmental considerations and the capital market's ability to absorb utility debt. Utilities companies may also be affected by taxes, government regulation, international politics, price and supply fluctuations, volatile interest rates and energy conservation.

Changes in currency exchange rates and the relative value of non-US currencies may affect the value of a fund's investments and the value of a fund's shares.

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 Global Wind Energy 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