---
ticker: "AFSM"
name: "First Trust Active Factor Small Cap ETF"
url: "https://etf.net/etf/AFSM"
grade: "C"
score: 50
graded_at: "2026-10-12"
category: "US Active Small-Cap"
category_rank: "20 of 41"
methodology: "https://etf.net/methodology"
---

# AFSM: First Trust Active Factor Small Cap ETF

Grade **C**, Score 50 of 100. Rank 20 of 41 in US Active Small-Cap.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 29 | 29 of 41 |
| Mission | Not scored | — |
| Risk | 60 | 14 of 38 |
| Tradability | 61 | 14 of 41 |
| Holdings | 70 | 13 of 41 |
| Durability | 75 | 8 of 41 |

## Top holdings

The fund holds 321 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | PARR | Par Pacific Holdings, Inc. | 1.14% |
| 2 | PENG | Penguin Solutions Inc. | 1.03% |
| 3 | NHC | National HealthCare Corporation | 0.96% |
| 4 | MATX | Matson, Inc. | 0.88% |
| 5 | TNK | Teekay Tankers Ltd. (Class A) | 0.87% |
| 6 | ANF | Abercrombie & Fitch Co. (Class A) | 0.82% |
| 7 | KNSA | Kiniksa Pharmaceuticals International, Plc (Class A) | 0.75% |
| 8 | ETON | Eton Pharmaceuticals, Inc. | 0.75% |
| 9 | HRTG | Heritage Insurance Holdings, Inc. | 0.73% |
| 10 | PTGX | Protagonist Therapeutics, Inc. | 0.73% |
| 11 | TRST | TrustCo Bank Corp NY | 0.72% |
| 12 | VIAV | Viavi Solutions Inc. | 0.70% |
| 13 | ATLO | Ames National Corporation | 0.68% |
| 14 | HALO | Halozyme Therapeutics, Inc. | 0.68% |
| 15 | AAMI | Acadian Asset Management Inc. | 0.67% |
| 16 | ECPG | Encore Capital Group, Inc. | 0.67% |
| 17 | STNG | Scorpio Tankers Inc. | 0.66% |
| 18 | APLE | Apple Hospitality REIT, Inc. | 0.65% |
| 19 | EFOR | Everforth Incorporated | 0.65% |
| 20 | KLIC | Kulicke and Soffa Industries, Inc. | 0.65% |
| 21 | TILE | Interface, Inc. | 0.65% |
| 22 | MCY | Mercury General Corporation | 0.63% |
| 23 | RIGL | Rigel Pharmaceuticals, Inc. | 0.62% |
| 24 | SENEA | Seneca Foods Corporation | 0.62% |
| 25 | SCSC | ScanSource, Inc. | 0.62% |
| 26 | CATY | Cathay General Bancorp | 0.61% |
| 27 | OSPN | OneSpan Inc. | 0.61% |
| 28 | KRYS | Krystal Biotech, Inc. | 0.60% |
| 29 | MYE | Myers Industries, Inc. | 0.60% |
| 30 | SRCE | 1st Source Corporation | 0.59% |

Source: etf.net, https://etf.net/etf/AFSM. Please cite the page URL.