First Trust Active Factor Large Cap ETF
$45.40+0.16 (+0.36%)
- 0.55%
- $801M
- +20.3%
- 0.69%
- 0.1M sh
- $45.24
- low $37.40high $45.42
The ETF.net AFLG Grade
C
Score 52 out of 100
- 58 of 99
Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F22 out of 100Rank 77 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A80 out of 100Rank 48 of 86Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B68 out of 100Rank 20 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 32 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C40 out of 100Rank 72 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B61 out of 100Rank 38 of 99
Our read on AFLG
CFour factors (value, quality, momentum, low volatility) blended into one US large-cap portfolio, run by an active manager tuning risk against the S&P 500 instead of following a frozen index recipe. Roughly 250 names.
The fund seeks capital appreciation. It normally invests at least 80% of assets in U.S.-listed equity securities of large-capitalization companies and uses active risk management with a quantitative multi-factor approach.
Why people hold it
- Four factor bets in one ticket: value, quality, momentum and low volatility, combined in a single large-cap sleeve rather than four separate funds you have to weight yourself.ftportfolios.com
- Actively managed with a quantitative process, so factor tilts and risk can be adjusted between reconstitution dates instead of waiting on an index calendar. The S&P 500 is the yardstick.ftportfolios.com
- Roughly 250 US large caps, at least 80% of assets in that mandate, and quarterly distributions. The portfolio has stuck closely to the multi-factor large-cap job it advertises.
Worth knowing
- At 0.55% a year it costs more than the typical multi-factor large-cap fund, and multiples of index-built peers like FNDX (0.25%) or VONV (0.06%).
- Active means the factor mix is the manager's call, not a published rulebook you can audit line by line before you buy.
- Moderately traded rather than a category heavyweight, so limit orders are the friendlier way in and out.
AFLG Holdings
- Stocks
- 217
- 34%
- NVDA
Sectors
- Technology40.6%
- Financials9.6%
- Communication9.3%
- Consumer Discretionary7.9%
- Industrials7.5%
- Health Care7.5%
- Energy6.0%
- Materials3.6%
- Utilities3.2%
- Consumer Staples2.6%
- Real Estate2.1%
Geography
- United States96.78%
- Ireland0.96%
- Singapore0.77%
- Switzerland0.75%
- Bermuda0.49%
- United Kingdom0.15%
- Canada0.06%
- Netherlands0.03%
AFLG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
AFLG$12,031
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AFLG |
|---|---|
| Year to date | +16.1% |
| 1 month | +1.3% |
| 3 months | +3.3% |
| 1 year | +20.3% |
| 3 years | +22.9% |
| 5 years | +13.3% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AFLG |
|---|---|---|
| 2026 YTD | +16.1% | |
| 2025 | +14.2% | |
| 2024 | +27.0% | |
| 2023 | +20.1% | |
| 2022 | −16.4% | |
| 2021 | +27.3% | |
| 2020 | +10.3% |
AFLG in the news
AFLG Dividends
- 0.69%
- $0.31
- $0.02 per share
- Quarterly
Distribution history
AFLG Risk
- 12.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.38
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −23.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.94
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AFLG Cost
0.55%
AFLG0.55%
- The middle half of US Multifactor funds
- Median 0.30%
76 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- BVALQAmerican Century STOXX U.S. Quality Value ETFExpense ratio 0.29%1 year return +13.9%
- CXSVMInvesco S&P SmallCap Value with Momentum ETFExpense ratio 0.36%1 year return +24.2%
- CFLQSFranklin U.S. Small Cap Multifactor Index ETFExpense ratio 0.35%1 year return +15.4%
- CFNXFirst Trust Mid Cap Core AlphaDEX FundExpense ratio 0.62%1 year return +13.6%
- CBFORALPS ETF Trust - Barron's 400 ETFExpense ratio 0.65%1 year return +20.7%