First Trust S&P 500 Diversified Free Cash Flow ETF
$29.490.00 (0.00%)
- 0.60%
- $1M
- +16.8%
- 1.30%
- 0M sh
- $29.44
- low $24.92high $31.01
The ETF.net FCFY Grade
D
Score 37 out of 100
- 35 of 43
Score 37 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 37
- This cap took
- −0
- Published Score
- 37
Cost
The fund’s net expense ratio, ranked against its category.F21 out of 100Rank 33 of 43Mission
Whether the fund did what it promised, tested against its stated mandate.C49 out of 100Rank 27 of 31Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D35 out of 100Rank 29 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D34 out of 100Rank 32 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B62 out of 100Rank 18 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 30 of 43
Our read on FCFY
DFree cash flow screening on the S&P 500, with a twist: the cash-generation ranking runs inside each sector, then sector weights are held near the parent index. A cash-flow tilt that still looks like the market it came from.
The Fund seeks to track, before fees and expenses, the price and yield of the S&P 500® Sector-Neutral FCF Index. It normally invests at least 80% of net assets in index securities and generally uses full replication.
Why people hold it
- Sector-neutral by construction: the free cash flow screen is applied within sectors, so the portfolio keeps S&P 500-like sector weights instead of piling into whichever corner of the market is cash-rich this year.
- Simple plumbing. A standard 1940 Act ETF that generally uses full replication and keeps at least 80% of net assets in index securities. No swaps, no sampling games.
- Tighter than a broad index fund at roughly 100 stocks, so the cash-flow screen actually shows up in the portfolio. Distributions come on a quarterly cadence.
Worth knowing
- At 0.60% a year, it runs above the median fee for index-tracking ETFs in its peer group. Plain S&P 500 value funds such as SPYV (0.04%) and VOOV (0.07%) charge a small fraction of that.
- A small fund that trades lightly. Spreads can be wider than on mega-cap index ETFs, which makes order type and timing more of a factor than the headline fee.
- Launched in 2023, so the live record is short and covers only a narrow slice of market conditions.
FCFY Holdings
- Stocks
- 97
- 33%
- NTAP
Sectors
- Technology40.5%
- Financials11.8%
- Health Care10.9%
- Consumer Discretionary9.5%
- Communication6.7%
- Energy5.5%
- Industrials5.1%
- Consumer Staples3.9%
- Materials2.1%
- Utilities2.1%
- Real Estate1.8%
Geography
- United States95.92%
- Ireland2.85%
- Switzerland0.65%
- Bermuda0.58%
FCFY 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.Not enough history yet.
FCFY$11,680
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 | FCFY |
|---|---|
| Year to date | +7.7% |
| 1 month | −2.8% |
| 3 months | +6.5% |
| 1 year | +16.8% |
| 3 years | +16.4% |
| 5 years | — |
| 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 | FCFY |
|---|---|---|
| 2026 YTD | +7.7% | |
| 2025 | +16.7% | |
| 2024 | +11.3% | |
| 2023 | +10.8% |
FCFY in the news
FCFY Dividends
- 1.30%
- $0.38
- $0.08 per share
- Quarterly
Distribution history
FCFY Risk
- 15.4%
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.
- 0.73
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.
- −21.4%
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.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FCFY Cost
0.60%
FCFY0.60%
- The middle half of Other Major Indexes funds
- Median 0.29%
31 of the 42 Other Major Indexes funds charge less.
Other funds in Other Major Indexes
- DGLBLPacer MSCI World Industry AdvanExpense ratio 0.65%1 year return +21.0%
- DSFYFSoFi Social 50 ETFExpense ratio 0.29%1 year return +22.8%
- DGVIPGoldman Sachs Hedge Industry VIP ETFExpense ratio 0.45%1 year return +14.5%
- DWDAIPacer Funds Trust - Pacer S&P World 3AI Top 300 ETFExpense ratio 0.60%1 year return —
- DGURUGlobal X - Guru Index ETFExpense ratio 0.75%1 year return +15.9%