- What does AFLG invest in?
- The First Trust Active Factor Large Cap ETF's primary objective is capital appreciation. Under typical market conditions, the fund dedicates a minimum of 80% of its total assets (which may include borrowed capital) to shares of large, U.S.-listed companies. This ETF is actively managed, employing a multi-factor quantitative system alongside active risk management. This strategy is designed to build a portfolio that reflects exposure to various investment factors. These factors, as currently applied by the methodology, can include value, momentum, quality, and low volatility.
- What is the expense ratio of AFLG?
- First Trust Active Factor Large Cap ETF (AFLG) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is AFLG?
- First Trust Active Factor Large Cap ETF (AFLG) manages $698.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is AFLG actively managed or an index fund?
- AFLG is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (AFLG's is 0.55%) in exchange for the discretion to over- or under-weight positions.
- When was AFLG launched?
- First Trust Active Factor Large Cap ETF (AFLG) launched in December 2019 and is managed by First Trust.
- How has AFLG performed?
- AFLG's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
