First Trust Active Factor Small Cap ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About AFSM
Under normal market conditions, the Fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The Fund defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. As of November 30, 2024, the maximum market capitalization of the referenced index was $33.47 billion. The Fund is not required to sell a security if its market capitalization increases above the Fund’s maximum market capitalization at any time after its acquisition by the Fund. The Fund is actively managed primarily relying on a multi-factor quantitative methodology with active risk management to construct a portfolio of securities exhibiting exposures to one or more investing factors. The multi-factor quantitative methodology currently used by the Fund may take into account the following factors: (i) value; (ii) momentum; (iii) quality; and (iv) low volatility. These factors are briefly defined below. ●Value is a measure of a security’s price relative to the fundamental value of that security. ●Momentum is a measure of the price performance of a security versus a market average, another security or universe of securities. ●Quality is a measure of the strength of a security’s fundamentals. ●Volatility is a measure of the magnitude of a security’s price fluctuations over time. The Fund’s active strategy gives it the flexibility to alter the investing factors used in the construction of the Fund’s portfolio in response to changes in market conditions, emergent academic research or other considerations. The Fund’s active risk management allows the investment advisor to maintain exposure to desired factors while controlling exposure to industries/sectors, single stock risk and other risks.
AFSM News
- Understanding the Setup: (AFSM) and Scalable Risk
- The Technical Signals Behind (AFSM) That Institutions Follow
- The Technical Signals Behind (AFSM) That Institutions Follow
- Precision Trading with First Trust Active Factor Small Cap Etf (AFSM) Risk Zones
- Technical Reactions to AFSM Trends in Macro Strategies
Data for AFSM is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.