---
ticker: "FSGS"
name: "First Trust SMID Growth Strength ETF"
url: "https://etf.net/etf/FSGS"
grade: "D"
score: 37
graded_at: "2026-10-12"
category: "US Growth Index"
category_rank: "34 of 35"
methodology: "https://etf.net/methodology"
---

# FSGS: First Trust SMID Growth Strength ETF

Grade **D**, Score 37 of 100. Rank 34 of 35 in US Growth Index.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 6 | 32 of 35 |
| Mission | 58 | 32 of 32 |
| Risk | 47 | 18 of 35 |
| Tradability | 39 | 24 of 35 |
| Holdings | 74 | 7 of 35 |
| Durability | 28 | 26 of 35 |

## Top holdings

The fund holds 101 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | ESTC | Elastic N.V. | 1.57% |
| 2 | PTC | PTC Inc. | 1.54% |
| 3 | VEEV | Veeva Systems Inc. (Class A) | 1.49% |
| 4 | ANF | Abercrombie & Fitch Co. (Class A) | 1.48% |
| 5 | HALO | Halozyme Therapeutics, Inc. | 1.40% |
| 6 | DOCS | Doximity, Inc. (Class A) | 1.40% |
| 7 | INSP | Inspire Medical Systems, Inc. | 1.34% |
| 8 | DOCU | DocuSign, Inc. | 1.33% |
| 9 | HRTG | Heritage Insurance Holdings, Inc. | 1.27% |
| 10 | IDCC | InterDigital, Inc. | 1.25% |
| 11 | NUTX | Nutex Health Inc. | 1.25% |
| 12 | MANH | Manhattan Associates, Inc. | 1.24% |
| 13 | PCTY | Paylocity Holding Corporation | 1.20% |
| 14 | HRMY | Harmony Biosciences Holdings, Inc. | 1.18% |
| 15 | WHD | Cactus, Inc. (Class A) | 1.15% |
| 16 | MEDP | Medpace Holdings, Inc. | 1.12% |
| 17 | DOCN | DigitalOcean Holdings, Inc. | 1.12% |
| 18 | AAMI | Acadian Asset Management Inc. | 1.12% |
| 19 | TDW | Tidewater Inc. | 1.11% |
| 20 | APPF | AppFolio, Inc. (Class A) | 1.11% |
| 21 | DUOL | Duolingo, Inc. | 1.10% |
| 22 | TW | Tradeweb Markets Inc. (Class A) | 1.10% |
| 23 | PATH | UiPath, Inc. (Class A) | 1.09% |
| 24 | PEGA | Pegasystems Inc. | 1.09% |
| 25 | AVPT | AvePoint, Inc. | 1.09% |
| 26 | BR | Broadridge Financial Solutions, Inc. | 1.09% |
| 27 | SANM | Sanmina Corporation | 1.09% |
| 28 | EHC | Encompass Health Corporation | 1.08% |
| 29 | DXCM | DexCom, Inc. | 1.08% |
| 30 | CVSA | Covista Inc. | 1.08% |

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