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Launched · SEC filings

First Trust Active Factor Mid Cap ETF

AFMCNYSE ArcaFirst TrustB

$40.71+0.11 (+0.27%)

At close: Nov 2, 2026, 4:00 PM ET

B55/ 100

Rank 17 of 47 in US Active Small/Mid-Cap

B55/100Rank 17 of 47inUS Active Small/Mid-Cap
Intraday session: up, 79 prints from 40.60 to 40.71. Range 40.67 to 41.06. Use the arrow keys to read each point.40.8040.9041.0010 AM12 PM2 PM4 PM
Expense ratio
0.68%
Fund size
$247M
1Y total return
+22.2%
Yield · Last 12 months
0.70%
Holdings
268
Avg volume · 30D
38.3K sh
52W range
low $32.43high $42.13
Launched
Filings
SEC EDGAR

The ETF.net AFMC Grade

Based on 5 of 6 pillars

B

Score 55 out of 100

Category
US Active Small/Mid-Cap⁠
Rank
17 of 47
Six-pillar profile for AFMC. Scores out of 100: Cost 36, Risk 68, Mission not scored, Tradability 57, Holdings 77, Durability 82. Strongest: Durability (82). Weakest: Cost (36). Based on 5 of 6 pillars.

Score 55 of 100 falls in the B 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.
    D36 out of 100
    Rank 30 of 47

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B68 out of 100
    Rank 12 of 44

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B57 out of 100
    Rank 13 of 47

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A77 out of 100
    Rank 10 of 47

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A82 out of 100
    Rank 5 of 47

Our read on AFMC

ETF.net Research

In short

BMost factor investing happens in large caps, on autopilot. AFMC blends four factors (value, quality, momentum, low volatility) across roughly 300 mid-cap stocks, actively managed with risk controls layered on top.

Stated mandate

The fund seeks capital appreciation by investing at least 80% of its assets in U.S.-listed equity securities of mid-capitalization companies. It is actively managed using a multi-factor quantitative approach with active risk management.

Why people hold it

  • Four factors in one wrapper: value, quality, momentum and low volatility, blended together rather than betting the fund on one style.ftportfolios.com
  • Mid caps get the factor treatment large caps usually hog: at least 80% of assets go to US-listed mid-cap equities.ftportfolios.com
  • Roughly 300 holdings, so no single name carries the portfolio, with active risk management sitting on top of the quantitative screens.
  • Trading since 2019 and paying quarterly, so it has a live record through real markets, not a backtest.

Worth knowing

  • At 0.68%, it runs slightly above the typical active US equity fund and well above large-cap core rivals like AVLC (0.15%) and DFAC (0.17%).
  • One of the more thinly traded names in its category and smaller by assets, so spreads can widen and limit orders are the standard tool.
  • Active and multi-factor means no index to hug: the portfolio can look quite different from a plain mid-cap benchmark in any given stretch.

AFMC Holdings

Holdings pillarA77 out of 100Rank 10 of 47 in US Active Small/Mid-Cap
Asset class
Stocks
Holdings
268
Top-10 weight
12%
Largest holding
RS1.8%

Sectors

  • Technology20.5%
  • Industrials17.1%
  • Consumer Discretionary14.4%
  • Financials14.1%
  • Health Care11.0%
  • Energy6.2%
  • Real Estate6.1%
  • Materials6.1%
  • Consumer Staples2.6%
  • Communication1.3%
  • Utilities0.8%

Geography

  • United States98.33%
  • United Kingdom0.71%
  • India0.56%
  • Mexico0.40%
The fund’s holdings, weight-ordered — page 1 of 18.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1RSReliance Inc.1.85%10,470$4.57M239
2DINOHF Sinclair Corp.1.46%31,425$3.61M246
3EXELExelixis, Inc.1.31%46,828$3.25M251
4HALOHalozyme Therapeutics, Inc.1.16%21,949$2.87M219
5CHRDChord Energy Corporation1.16%18,230$2.86M203
6CASYCasey's General Stores, Inc.1.10%4,004$2.72M284
7APAAPA Corporation1.09%51,013$2.69M297
8APLEApple Hospitality REIT, Inc.1.08%144,848$2.68M128
9RNRRenaissanceRe Holdings Ltd.1.07%7,824$2.65M214
10MLIMueller Industries, Inc.1.00%45,527$2.48M217
11AMGAffiliated Managers Group, Inc.0.99%6,444$2.46M168
12FHIFederated Hermes, Inc. (Class B)0.99%42,017$2.46M114
13MATXMatson, Inc.0.98%10,827$2.42M171
14HRBH&R Block, Inc.0.95%46,008$2.36M215
15BWABorgWarner Inc.0.94%45,045$2.33M207

Showing 1–15 of 268 holdings

AFMC Performance

Launched Dec 3, 2019

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.
AFMC$12,218
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. AFMC $12,218. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for AFMC. Periods over one year show the average yearly return.
PeriodAFMC
Year to date+18.2%
1 month+2.5%
3 months+0.1%
1 year+22.2%
3 yearsper year+22.7%
5 yearsper year+10.4%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AFMC
YearReturn barAFMC
2026 YTD+18.2%
2025+10.2%
2024+19.1%
2023+21.4%
2022−15.5%
2021+25.7%
2020+5.8%

AFMC in the news

AFMC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.70%Last 12 months
Payout per share
$0.28Last 12 months
Last payment
$0.02 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2019–2026

One bar per payment. 25 payments from 2019 to 2026 YTD. Dec 13, 2019 $0.06; Mar 26, 2020 $0.02; Jun 25, 2020 $0.06; Sep 24, 2020 $0.04; Dec 24, 2020 $0.10; Jun 24, 2021 $0.06; Sep 23, 2021 $0.02; Dec 23, 2021 $0.15; Mar 25, 2022 $0.05; Jun 24, 2022 $0.06; Sep 23, 2022 $0.09; Dec 23, 2022 $0.11; Jun 27, 2023 $0.05; Dec 22, 2023 $0.18; Mar 21, 2024 $0.02; Jun 27, 2024 $0.03; Sep 26, 2024 $0.02; Dec 13, 2024 $0.13; Mar 27, 2025 $0.08; Jun 26, 2025 $0.08; Sep 25, 2025 $0.02; Dec 12, 2025 $0.16; Mar 26, 2026 $0.06; Jun 25, 2026 $0.05; Sep 24, 2026 $0.02. Use the arrow keys to read each point.20192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 30, 2026$0.02
Jun 25, 2026Jun 30, 2026$0.05
Mar 26, 2026Mar 31, 2026$0.06
Dec 12, 2025Dec 31, 2025$0.16
Sep 25, 2025Sep 30, 2025$0.02
Jun 26, 2025Jun 30, 2025$0.08
Mar 27, 2025Mar 31, 2025$0.08
Dec 13, 2024Dec 31, 2024$0.13
Sep 26, 2024Sep 30, 2024$0.02
Jun 27, 2024Jun 28, 2024$0.03
Mar 21, 2024Mar 28, 2024$0.02
Dec 22, 2023Dec 29, 2023$0.18

See all 25 payments⁠

$10,000 in AFMC 5 years ago paid $501 in dividends.⁠

AFMC Risk

Risk pillarB68 out of 100Rank 12 of 44 in US Active Small/Mid-Cap
How much the fund’s monthly returns vary, scaled to a year.
15.6%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.12
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−25.4%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.99
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

AFMC Cost

Compare AFMC and AVMC

Overpaying vs AVMC, cheapest in US Active Small/Mid-Cap

$9,503

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AFMC 0.68%

    $13,252

  • AVMC 0.18% Cheapest

    $3,749

$10,000
30 years

Cost over time

  • AFMC 0.68%
  • AVMC 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530AFMC $13,252AVMC $3,749

Year by year

YearAFMCAVMCOverpaying
10$1,215$328$887
20$4,633$1,281$3,352
30$13,252$3,749$9,503

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