First Trust Natural Gas ETF (FCG)

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	Fact Sheet
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	Monthly Performance Report

Fund Summary

2018 Estimated Capital Gain Distributions
Certain First Trust Exchange-Traded Funds are expected to pay a long-term capital gain distribution in December. For a list of exchange-traded funds expected to pay a long-term capital gain distribution, please click here. Short-term capital gain distributions, if any, are expected to be nominal and are taxed like ordinary income. Final determination of the source and tax status of all distributions paid in the current year are to be made after year-end and could differ from the expectations noted above.
On May 2, 2016, First Trust ISE-Revere Natural Gas Index Fund (FCG) effected a reverse share split of its outstanding shares in which five outstanding FCG shares were converted into one FCG share. All share and per share data set forth below and elsewhere on this website (including for periods prior to the reverse share split) have been adjusted to reflect the reverse share split.

Investment Objective/Strategy - The First Trust Natural Gas 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 fees and expenses, of an equity index called the ISE-Revere Natural Gas™ Index.

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

The ISE-Revere Natural Gas^TM Index is comprised of exchange-listed companies that derive a substantial portion of their revenues from the exploration and production of natural gas.
The Index is constructed by establishing the universe of U.S. listed stocks of companies involved in the exploration and production of natural gas. Companies whose natural gas proved reserves do not meet certain requirements are eliminated.
To meet Index eligibility, a stock must also satisfy market capitalization, liquidity and weighting concentration requirements.
All eligible operating companies and Master Limited Partnership (MLP) stocks are ranked on both liquidity and market capitalization within their segments.
Weights within each segment are scaled so that the largest weight is a multiple of the smallest weight.
The Index is optimized for liquidity and market capitalization at the component level.
The Index is rebalanced on the application of the above model on a quarterly basis.

Fund Overview

Ticker	FCG
Fund Type	Energy
Investment Advisor	First Trust Advisors L.P.
Investor Servicing Agent	Bank of New York Mellon
CUSIP	33733E807
ISIN	US33733E8075
Intraday NAV	FCGIV
Fiscal Year-End	12/31
Exchange	NYSE Arca
Inception	5/8/2007
Inception Price	$100.00
Inception NAV	$100.00
Rebalance Frequency	Quarterly
Gross Expense Ratio*	0.61%
Net Expense Ratio*	0.60%

* As of 5/1/2018

Expenses are capped contractually at 0.60% per year, at least until April 30, 2019.

Current Fund Data (as of 11/15/2018)

Closing NAV¹	$18.99
Closing Share Price²	$18.98
Bid/Ask Midpoint	$18.96
Bid/Ask Discount	0.21%
Total Net Assets	$121,531,412
Outstanding Shares	6,398,365
Daily Volume	324,684
Average 30-Day Daily Volume	239,992
Closing Share Price 52-Week High/Low	$24.49 / $18.78
Closing NAV 52-Week High/Low	$24.48 / $18.77
Number of Holdings	37

Fund Characteristics (as of 10/31/2018)⁸

Maximum Market Cap.	$27,662
Median Market Cap.	$4,894
Minimum Market Cap.	$316
Price/Earnings	12.84
Price/Book	1.30
Price/Cash Flow	5.10
Price/Sales	1.95

Top Holdings (as of 11/16/2018)

Holding	Percent
Cabot Oil & Gas Corporation	5.81%
Cimarex Energy Co.	5.65%
Concho Resources Inc.	5.43%
Range Resources Corporation	5.04%
Murphy Oil Corporation	4.67%
Noble Energy, Inc.	4.56%
Southwestern Energy Company	3.99%
Continental Resources, Inc.	3.92%
Newfield Exploration Company	3.75%
Devon Energy Corporation	3.71%

Holdings are subject to change.

NAV History (Since Inception)

Past performance is not indicative of future results.

Distribution Information

Dividend per Share Amt (as of 11/18/2018)³	$0.0730
30-Day SEC Yield (as of 10/31/2018)⁴	1.35%
Unsubsidized 30-Day SEC Yield (as of 10/31/2018)⁵	1.30%
12-Month Distribution Rate (as of 10/31/2018)⁶	0.99%
Index Yield (as of 10/31/2018)⁷	1.96%

Bid/Ask Midpoint vs. NAV (as of 9/30/2018)

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
9/30/2018	27	1	0	0
6/30/2018	25	0	0	0
3/31/2018	25	0	0	0
12/31/2017	28	0	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
9/30/2018	35	0	0	0
6/30/2018	39	0	0	0
3/31/2018	36	0	0	0
12/31/2017	35	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 11/16/2018)

Energy	96.71%
Utilities	3.29%

Month End Performance (as of 10/31/2018)

	3 Mos	YTD	1 Year	3 Year	5 Year	10 Year	Since Fund Inception⁹
Fund Performance *
Net Asset Value (NAV)	-16.07%	-13.76%	-9.25%	-12.46%	-26.40%	-11.62%	-12.43%
After Tax Held	-16.18%	-14.06%	-9.57%	-13.11%	-26.92%	-12.02%	-12.79%
After Tax Sold	-9.50%	-8.12%	-5.45%	-9.42%	-16.71%	-7.48%	-7.59%
Market Price	-16.07%	-13.76%	-9.25%	-12.46%	-26.41%	-11.60%	-12.43%

Index Performance **
ISE-Revere Natural Gas™ Index	-15.95%	-13.30%	-8.71%	-12.06%	-26.39%	-11.30%	-12.09%
S&P Composite 1500 Energy Index	-12.24%	-4.55%	2.23%	2.15%	-2.68%	4.47%	2.06%
Russell 3000® Index	-3.95%	2.43%	6.60%	11.27%	10.81%	13.35%	7.49%

Quarter End Performance (as of 9/28/2018)

	3 Mos	YTD	1 Year	3 Year	5 Year	10 Year	Since Fund Inception⁹
Fund Performance *
Net Asset Value (NAV)	-3.80%	-0.72%	3.99%	-5.60%	-23.62%	-12.92%	-11.43%
After Tax Held	-3.93%	-1.07%	3.62%	-6.31%	-24.16%	-13.32%	-11.79%
After Tax Sold	-2.25%	-0.43%	2.36%	-4.52%	-15.40%	-8.14%	-7.17%
Market Price	-3.84%	-0.68%	4.03%	-5.65%	-23.62%	-12.86%	-11.43%

Index Performance **
ISE-Revere Natural Gas™ Index	-3.62%	-0.22%	4.61%	-5.22%	-23.60%	-12.60%	-11.08%
S&P Composite 1500 Energy Index	0.69%	8.18%	14.87%	10.41%	0.63%	3.60%	3.21%
Russell 3000® Index	7.12%	10.57%	17.58%	17.07%	13.46%	12.01%	8.27%

3-Year Statistics (as of 10/31/2018)

	Standard Deviation	Alpha	Beta	Sharpe Ratio	Correlation
FCG	31.63%	-27.17	1.74	-0.29	0.54
S&P Composite 1500 Energy Index	18.87%	-8.54	1.12	0.16	0.58
Russell 3000® Index	9.78%	---	1.00	1.05	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-Revere Natural Gas™ 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.

S&P Composite 1500 Energy Index - The Index is a capitalization-weighted index of companies classified by GICS as energy within the S&P Composite 1500 Index.

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 share 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-Revere Natural Gas(TM) Index.
⁸	All market capitalization numbers are in USD$ Millions.
⁹	Inception Date is 5/8/2007

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-Revere Natural Gas™ 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 securities issued by companies concentrated in a particular industry. The fund may invest in small capitalization and mid capitalization companies. Such companies may experience greater price volatility than larger, more established companies.

An investment in MLP units involves risks which differ from an investment in common stock of a corporation. Holders of MLP units have limited control and voting rights. In addition, there is the risk that a MLP could be taxed as a corporation, resulting in decreased returns from such MLP.

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. These risks may be heightened for securities of companies located in, or with significant operations in, emerging market countries. The fund may invest in depositary receipts which may be less liquid than the underlying shares in their primary trading market.

Companies in the natural gas industry are subject to certain risks, including price and supply fluctuations, increased interest rates, fuel prices which will vary with supply and demand factors including weather and general economic and political conditions, and prices of alternative fuels.

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 Natural Gas ETF is not sponsored, endorsed, sold or promoted by the International Securities Exchange (ISE). ISE makes no representation or warranty, express or implied, to the owners of the fund or any member of the public regarding the advisability of trading in the fund. ISE's only relationship to First Trust is the licensing of certain trademarks and trade names of the ISE and of the ISE-Revere Natural Gas^TM Index which is determined, composed and calculated by ISE without regard to First Trust or the fund.

Not FDIC Insured • Not Bank Guaranteed • May Lose Value