First Trust Capital Strength ETF

Frequently Asked Questions About FTCS

What does FTCS invest in?

FTCS seeks to outperform the broader large-cap space by selecting companies based on their strength of their balance sheets, looking at cash balances, long-term debt ratios, and ROE. FTCS picks from a relatively narrow subset of the large-cap universe: the NASDAQ US benchmark, a 500-firm composite of NASDAQ-listed companies. By design, FTCS will always struggle to reflect the broad large-cap market given its limited selection universe, but it fills a niche within a crowded segment. The index undergoes quarterly reconstitution and rebalance. FTCS formerly tracked a large-cap value index and traded under the ticker FDV. The fund was rebranded in May 2013.

What is the expense ratio of FTCS?

First Trust Capital Strength ETF (FTCS) charges an expense ratio of 0.53%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FTCS?

First Trust Capital Strength ETF (FTCS) manages $7.85B 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 FTCS actively managed or an index fund?

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

When was FTCS launched?

First Trust Capital Strength ETF (FTCS) launched in July 2006 and is managed by First Trust.

How has FTCS performed?

FTCS'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.