First Trust SMID Growth Strength ETF

Frequently Asked Questions About FSGS

What does FSGS invest in?

The First Trust SMID Growth Strength ETF (the "Fund") aims to deliver investment performance that broadly matches the price movements and income generation (before accounting for the Fund's own fees and expenses) of an equity benchmark, specifically The SMID Growth Strength Index (the "Index"). Ordinarily, the Fund will allocate a minimum of 80% of its net assets (which may include funds borrowed for investment purposes) to the securities that constitute this Index.

What is the expense ratio of FSGS?

First Trust SMID Growth Strength ETF (FSGS) charges an expense ratio of 0.61%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FSGS?

First Trust SMID Growth Strength ETF (FSGS) manages $30.0M 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 FSGS actively managed or an index fund?

FSGS's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FSGS launched?

First Trust SMID Growth Strength ETF (FSGS) launched in June 2017 and is managed by First Trust.

How has FSGS performed?

FSGS'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.