AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Consumer Discretionary AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 7.69% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P 500® Consumer Discretionary
Index, which returned 19.54% for the same
Period.
During
the Period, investments in the Hotels, Restaurants & Leisure industry
received the greatest allocation of any industry with an average weight of 17.8%
and a contribution of 3.3% to the Fund’s overall return. With an average weight
of 8.1%, investments in the Entertainment industry contributed 4.6% to the
Fund’s overall return, which was the greatest return contribution of any
industry. With an average weight of 8.0%, investments in the Textiles, Apparel
& Luxury Goods industry contributed -0.9% to the Fund’s overall return,
which was the most negative return contribution of any industry.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
Visit
www.ftportfolios.com/etf/FXD
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| ROBLOX Corp., Class A | |
| Gentex Corp. | |
| Carvana Co. | |
| Dillard’s, Inc., Class A | |
| D.R. Horton, Inc. | |
| Viking Holdings Ltd. | |
| General Motors Co. | |
| Macy’s, Inc. | |
| PulteGroup, Inc. | |
| PVH Corp. |
Sector
Allocation
Any
amount shown as 0.0% represents less than
0.1%.
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FXD
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Source
ICE Data Indices, LLC (“ICE Data”), is used with permission. “StrataQuant®” is a service/trade mark
of ICE Data or its affiliates. Frank Russell Company is the source and owner of
the trademarks, service marks and copyrights related to the Russell Indices.
Russell®, Russell
1000® and Russell
3000® are all
registered trademarks of Frank Russell Company. Russell 1000® and Russell 3000® are being utilized in the indices under
license. These trademarks have been licensed along with the StrataQuant® Consumer Discretionary
Index (“Index”) for use by First Trust Portfolios L.P. (“FTP”) in connection
with the First Trust Consumer Discretionary AlphaDEX® Fund (“FXD”). Neither
FTP, the Trust, nor FXD is sponsored, endorsed, sold or promoted by ICE Data,
its affiliates or its Third Party Suppliers including without limitation Frank
Russell Company (“ICE Data and its Suppliers”). ICE Data and its Suppliers make
no representations or warranties regarding the advisability of investing in
securities generally, in FXD particularly, the Trust or the ability of the Index
to track general stock market performance. ICE Data’s only relationship to FTP
is the licensing of certain trademarks, trade names and the Index or components
thereof. The Index is determined, composed and calculated by ICE Data without
regard to FTP or FXD or its holders. ICE Data has no obligation to take the
needs of FTP or the holders of FXD into consideration in determining, composing
or calculating the Index. ICE Data is not responsible for and has not
participated in the determination of the timing of, prices of, or quantities of
FXD to be issued or in the determination or calculation of the equation by which
FXD is to be priced, sold, purchased, or redeemed. Except for certain custom
index calculation services, all information provided by ICE Data is general in
nature and not tailored to the needs of FTP or any other person, entity or group
of persons. ICE Data has no obligation or liability in connection with the
administration, marketing, or trading of FXD. ICE Data is not an investment
advisor. Inclusion of a security within an index is not a recommendation by ICE
Data to buy, sell, or hold such security, nor is it considered to be investment
advice.
ICE
DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS,
EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY
INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM (“INDEX DATA”). ICE
DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH
RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND
THE INDEX DATA, WHICH ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR
OWN RISK.
First
Trust Consumer Discretionary AlphaDEX® Fund
(FXD)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Consumer Staples AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned -2.69% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P 500® Consumer Staples Index,
which returned 7.43% for the same
Period.
During
the Period, investments in the Food Products industry received the greatest
allocation of any industry with an average weight of 48.4% and contributed -4.0%
to the Fund’s overall return, which was the most negative contribution of any
industry. With an average weight
of 16.9%, investments in the Consumer Staples Distribution & Retail industry
contributed 2.9% to the Fund’s overall return, which was the greatest return
contribution of any industry.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
| - |
|||
| - |
|||
Visit
www.ftportfolios.com/etf/FXG
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Kraft Heinz (The) Co. | |
| Pilgrim’s Pride Corp. | |
| Casey’s General Stores, Inc. | |
| Molson Coors Beverage Co., Class B | |
| Bunge Global S.A. | |
| Cencora, Inc. | |
| McKesson Corp. | |
| Sprouts Farmers Market, Inc. | |
| Performance Food Group Co. | |
| Reynolds Consumer Products, Inc. |
Sector
Allocation
Any
amount shown as 0.0% represents less than
0.1%.
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FXG
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Source
ICE Data Indices, LLC (“ICE Data”), is used with permission. “StrataQuant®” is a service/trade mark
of ICE Data or its affiliates. Frank Russell Company is the source and owner of
the trademarks, service marks and copyrights related to the Russell Indices.
Russell®, Russell
1000® and Russell
3000® are all
registered trademarks of Frank Russell Company. Russell 1000® and Russell 3000® are being utilized in the indices under
license. These trademarks have been licensed along with the StrataQuant® Consumer Staples Index
(“Index”) for use by First Trust Portfolios L.P. (“FTP”) in connection with the
First Trust Consumer Staples AlphaDEX® Fund (“FXG”). Neither
FTP, the Trust, nor FXG is sponsored, endorsed, sold or promoted by ICE Data,
its affiliates or its Third Party Suppliers including without limitation Frank
Russell Company (“ICE Data and its Suppliers”). ICE Data and its Suppliers make
no representations or warranties regarding the advisability of investing in
securities generally, in FXG particularly, the Trust or the ability of the Index
to track general stock market performance. ICE Data’s only relationship to FTP
is the licensing of certain trademarks, trade names and the Index or components
thereof. The Index is determined, composed and calculated by ICE Data without
regard to FTP or FXG or its holders. ICE Data has no obligation to take the
needs of FTP or the holders of FXG into consideration in determining, composing
or calculating the Index. ICE Data is not responsible for and has not
participated in the determination of the timing of, prices of, or quantities of
FXG to be issued or in the determination or calculation of the equation by which
FXG is to be priced, sold, purchased, or redeemed. Except for certain custom
index calculation services, all information provided by ICE Data is general in
nature and not tailored to the needs of FTP or any other person, entity or group
of persons. ICE Data has no obligation or liability in connection with the
administration, marketing, or trading of FXG. ICE Data is not an investment
advisor. Inclusion of a security within an index is not a recommendation by ICE
Data to buy, sell, or hold such security, nor is it considered to be investment
advice.
ICE
DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS,
EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY
INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM (“INDEX DATA”). ICE
DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH
RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND
THE INDEX DATA, WHICH ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR
OWN RISK.
First
Trust Consumer Staples AlphaDEX® Fund
(FXG)
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Energy AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned -11.32% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P 500® Energy Index, which
returned -3.19% for the same
Period.
During
the Period, investments in the Oil, Gas & Consumable Fuels industry received
the greatest allocation of any industry with an average weight of 83.8% and
contributed -7.3% to the Fund’s overall return, which was the most negative
return contribution of any industry. With an average weight of 2.8%, investments
in the Semiconductors & Semiconductor Equipment industry contributed 0.2% to
the Fund’s overall return, which was the greatest return contribution of any
industry.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
| - |
|||
| - |
|||
| - |
|||
| - |
|||
Visit
www.ftportfolios.com/etf/FXN
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Chord Energy Corp. | |
| Civitas Resources, Inc. | |
| Diamondback Energy, Inc. | |
| Matador Resources Co. | |
| Devon Energy Corp. | |
| Permian Resources Corp. | |
| NOV, Inc. | |
| Weatherford International PLC | |
| Halliburton Co. | |
| ConocoPhillips |
Sector
Allocation
Any
amount shown as 0.0% represents less than
0.1%.
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FXN
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Source
ICE Data Indices, LLC (“ICE Data”), is used with permission. “StrataQuant®” is a service/trade mark
of ICE Data or its affiliates. Frank Russell Company is the source and owner of
the trademarks, service marks and copyrights related to the Russell Indices.
Russell®, Russell
1000® and Russell
3000® are all
registered trademarks of Frank Russell Company. Russell 1000® and Russell 3000® are being utilized in the indices under
license. These trademarks have been licensed along with the StrataQuant® Energy Index (“Index”)
for use by First Trust Portfolios L.P. (“FTP”) in connection with the First
Trust Energy AlphaDEX® Fund (“FXN”). Neither
FTP, the Trust, nor FXN is sponsored, endorsed, sold or promoted by ICE Data,
its affiliates or its Third Party Suppliers including without limitation Frank
Russell Company (“ICE Data and its Suppliers”). ICE Data and its Suppliers make
no representations or warranties regarding the advisability of investing in
securities generally, in FXN particularly, the Trust or the ability of the Index
to track general stock market performance. ICE Data’s only relationship to FTP
is the licensing of certain trademarks, trade names and the Index or components
thereof. The Index is determined, composed and calculated by ICE Data without
regard to FTP or FXN or its holders. ICE Data has no obligation to take the
needs of FTP or the holders of FXN into consideration in determining, composing
or calculating the Index. ICE Data is not responsible for and has not
participated in the determination of the timing of, prices of, or quantities of
FXN to be issued or in the determination or calculation of the equation by which
FXN is to be priced, sold, purchased, or redeemed. Except for certain custom
index calculation services, all information provided by ICE Data is general in
nature and not tailored to the needs of FTP or any other person, entity or group
of persons. ICE Data has no obligation or liability in connection with the
administration, marketing, or trading of FXN. ICE Data is not an investment
advisor. Inclusion of a security within an index is not a recommendation by ICE
Data to buy, sell, or hold such security, nor is it considered to be investment
advice.
ICE
DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS,
EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY
INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM (“INDEX DATA”). ICE
DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH
RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND
THE INDEX DATA, WHICH ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR
OWN RISK.
First
Trust Energy AlphaDEX® Fund
(FXN)
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Financials AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 15.31% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P 500® Financials Index, which returned 21.54% for the same
Period.
During
the Period, investments in the Insurance industry received the greatest
allocation of any industry with an average weight of 32.9% and contributed 3.1%
to the Fund’s overall return. With an average weight of 28.5%, investments in
the Capital Markets industry contributed 6.5% to the Fund’s overall return,
which was the greatest return contribution of any industry. No industry had a
negative contribution to overall Fund return.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
Visit
www.ftportfolios.com/etf/FXO
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Invesco Ltd. | |
| SoFi Technologies, Inc. | |
| Interactive Brokers Group, Inc., Class A | |
| Bank of New York Mellon (The) Corp. | |
| Lincoln National Corp. | |
| Citigroup, Inc. | |
| Robinhood Markets, Inc., Class A | |
| Coinbase Global, Inc., Class A | |
| LPL Financial Holdings, Inc. | |
| T. Rowe Price Group, Inc. |
Sector
Allocation
Any
amount shown as 0.0% represents less than
0.1%.
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FXO
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Source
ICE Data Indices, LLC (“ICE Data”), is used with permission. “StrataQuant®” is a service/trade mark
of ICE Data or its affiliates. Frank Russell Company is the source and owner of
the trademarks, service marks and copyrights related to the Russell Indices.
Russell®, Russell
1000® and Russell
3000® are all
registered trademarks of Frank Russell Company. Russell 1000® and Russell 3000® are being utilized in the indices under
license. These trademarks have been licensed along with the StrataQuant® Financials Index
(“Index”) for use by First Trust Portfolios L.P. (“FTP”) in connection with the
First Trust Financials AlphaDEX® Fund (“FXO”). Neither
FTP, the Trust, nor FXO is sponsored, endorsed, sold or promoted by ICE Data,
its affiliates or its Third Party Suppliers including without limitation Frank
Russell Company (“ICE Data and its Suppliers”). ICE Data and its Suppliers make
no representations or warranties regarding the advisability of investing in
securities generally, in FXO particularly, the Trust or the ability of the Index
to track general stock market performance. ICE Data’s only relationship to FTP
is the licensing of certain trademarks, trade names and the Index or components
thereof. The Index is determined, composed and calculated by ICE Data without
regard to FTP or FXO or its holders. ICE Data has no obligation to take the
needs of FTP or the holders of FXO into consideration in determining, composing
or calculating the Index. ICE Data is not responsible for and has not
participated in the determination of the timing of, prices of, or quantities of
FXO to be issued or in the determination or calculation of the equation by which
FXO is to be priced, sold, purchased, or redeemed. Except for certain custom
index calculation services, all information provided by ICE Data is general in
nature and not tailored to the needs of FTP or any other person, entity or group
of persons. ICE Data has no obligation or liability in connection with the
administration, marketing, or trading of FXO. ICE Data is not an investment
advisor. Inclusion of a security within an index is not a recommendation by ICE
Data to buy, sell, or hold such security, nor is it considered to be investment
advice.
ICE
DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS,
EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY
INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM (“INDEX DATA”). ICE
DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH
RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND
THE INDEX DATA, WHICH ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR
OWN RISK.
First
Trust Financials AlphaDEX® Fund
(FXO)
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Health Care AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned -9.12% during the 12 months ended July 31, 2025. The Fund
outperformed its benchmark, the S&P 500® Health Care Index, which
returned -11.32% for the same Period.
During
the Period, investments in the Health Care Providers & Services industry
received the greatest allocation of any industry with an average weight of 29.9%
and contributed -5.0% to the Fund’s overall return, which was the most negative
return of any industry. With an average weight of 3.2%, investments in the
Health Care Technology industry contributed 1.7% to the Fund’s overall return,
which was the greatest return contribution of any industry.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
| - |
|||
| - |
|||
| - |
|||
| - |
|||
Visit
www.ftportfolios.com/etf/FXH
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Jazz Pharmaceuticals PLC | |
| Insmed, Inc. | |
| Regeneron Pharmaceuticals, Inc. | |
| Biogen, Inc. | |
| Zimmer Biomet Holdings, Inc. | |
| Avantor, Inc. | |
| Merck & Co., Inc. | |
| Alnylam Pharmaceuticals, Inc. | |
| Acadia Healthcare Co., Inc. | |
| Elanco Animal Health, Inc. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FXH
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Source
ICE Data Indices, LLC (“ICE Data”), is used with permission. “StrataQuant®” is a service/trade mark
of ICE Data or its affiliates. Frank Russell Company is the source and owner of
the trademarks, service marks and copyrights related to the Russell Indices.
Russell®, Russell
1000® and Russell
3000® are all
registered trademarks of Frank Russell Company. Russell 1000® and Russell 3000® are being utilized in the indices under
license. These trademarks have been licensed along with the StrataQuant® Health Care Index
(“Index”) for use by First Trust Portfolios L.P. (“FTP”) in connection with the
First Trust Health Care AlphaDEX® Fund (“FXH”). Neither
FTP, the Trust, nor FXH is sponsored, endorsed, sold or promoted by ICE Data,
its affiliates or its Third Party Suppliers including without limitation Frank
Russell Company (“ICE Data and its Suppliers”). ICE Data and its Suppliers make
no representations or warranties regarding the advisability of investing in
securities generally, in FXH particularly, the Trust or the ability of the Index
to track general stock market performance. ICE Data’s only relationship to FTP
is the licensing of certain trademarks, trade names and the Index or components
thereof. The Index is determined, composed and calculated by ICE Data without
regard to FTP or FXH or its holders. ICE Data has no obligation to take the
needs of FTP or the holders of FXH into consideration in determining, composing
or calculating the Index. ICE Data is not responsible for and has not
participated in the determination of the timing of, prices of, or quantities of
FXH to be issued or in the determination or calculation of the equation by which
FXH is to be priced, sold, purchased, or redeemed. Except for certain custom
index calculation services, all information provided by ICE Data is general in
nature and not tailored to the needs of FTP or any other person, entity or group
of persons. ICE Data has no obligation or liability in connection with the
administration, marketing, or trading of FXH. ICE Data is not an investment
advisor. Inclusion of a security within an index is not a recommendation by ICE
Data to buy, sell, or hold such security, nor is it considered to be investment
advice.
ICE
DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS,
EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY
INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM (“INDEX DATA”). ICE
DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH
RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND
THE INDEX DATA, WHICH ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR
OWN RISK.
First
Trust Health Care AlphaDEX® Fund
(FXH)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Industrials/Producer Durables AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 6.30% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P 500® Industrials Index, which
returned 20.67% for the same
Period.
During
the Period, investments in the Machinery industry received the greatest
allocation of any industry with an average weight of 16.1% and contributed 2.4%
to the Fund’s overall return. With an average weight of 10.4%, investments in
the Aerospace & Defense industry contributed 3.5% to the Fund’s overall
return, the greatest return contribution of any industry. With an average weight
of 5.8%, investments in the Containers & Packaging industry contributed
-0.7% to the Fund’s overall return, which was the most negative return
contribution of any industry.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
Visit
www.ftportfolios.com/etf/FXR
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Comfort Systems USA, Inc. | |
| Rocket Lab Corp. | |
| GE Vernova, Inc. | |
| EMCOR Group, Inc. | |
| Oshkosh Corp. | |
| MasTec, Inc. | |
| Eagle Materials, Inc. | |
| Trimble, Inc. | |
| Mohawk Industries, Inc. | |
| Builders FirstSource, Inc. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FXR
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Source
ICE Data Indices, LLC (“ICE Data”), is used with permission. “StrataQuant®” is a service/trade mark
of ICE Data or its affiliates. Frank Russell Company is the source and owner of
the trademarks, service marks and copyrights related to the Russell Indices.
Russell®, Russell
1000® and Russell
3000® are all
registered trademarks of Frank Russell Company. Russell 1000® and Russell 3000® are being utilized in the indices under
license. These trademarks have been licensed along with the StrataQuant® Industrials Index
(“Index”) for use by First Trust Portfolios L.P. (“FTP”) in connection with the
First Trust Industrials/Producer Durables AlphaDEX® Fund (“FXR”). Neither
FTP, the Trust, nor FXR is sponsored, endorsed, sold or promoted by ICE Data,
its affiliates or its Third Party Suppliers including without limitation Frank
Russell Company (“ICE Data and its Suppliers”). ICE Data and its Suppliers make
no representations or warranties regarding the advisability of investing in
securities generally, in FXR particularly, the Trust or the ability of the Index
to track general stock market performance. ICE Data’s only relationship to FTP
is the licensing of certain trademarks, trade names and the Index or components
thereof. The Index is determined, composed and calculated by ICE Data without
regard to FTP or FXR or its holders. ICE Data has no obligation to take the
needs of FTP or the holders of FXR into consideration in determining, composing
or calculating the Index. ICE Data is not responsible for and has not
participated in the determination of the timing of, prices of, or quantities of
FXR to be issued or in the determination or calculation of the equation by which
FXR is to be priced, sold, purchased, or redeemed. Except for certain custom
index calculation services, all information provided by ICE Data is general in
nature and not tailored to the needs of FTP or any other person, entity or group
of persons. ICE Data has no obligation or liability in connection with the
administration, marketing, or trading of FXR. ICE Data is not an investment
advisor. Inclusion of a security within an index is not a recommendation by ICE
Data to buy, sell, or hold such security, nor is it considered to be investment
advice.
ICE
DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS,
EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY
INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM (“INDEX DATA”). ICE
DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH
RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND
THE INDEX DATA, WHICH ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR
OWN RISK.
First
Trust Industrials/Producer Durables AlphaDEX® Fund
(FXR)
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Materials AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned -12.88% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P 500® Materials Index, which
returned -2.85% for the same Period.
During
the Period, investments in the Chemicals industry received the greatest
allocation of any industry with an average weight of 52.9% and contributed
-12.7% to the Fund’s overall return, which was the most negative return of any
industry. With average weights of
2.1% and 32.1%, respectively, investments in the Trading Companies &
Distributors and Metals & Mining industries each contributed 0.5% to the
Fund’s overall return, which were the greatest return contributions of any
industry.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
| - |
|||
| - |
|||
| - |
|||
Visit
www.ftportfolios.com/etf/FXZ
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Mueller Industries, Inc. | |
| Newmont Corp. | |
| Alcoa Corp. | |
| Anglogold Ashanti PLC | |
| CF Industries Holdings, Inc. | |
| Eastman Chemical Co. | |
| Carpenter Technology Corp. | |
| Timken (The) Co. | |
| Westlake Corp. | |
| Steel Dynamics, Inc. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FXZ
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Source
ICE Data Indices, LLC (“ICE Data”), is used with permission. “StrataQuant®” is a service/trade mark
of ICE Data or its affiliates. Frank Russell Company is the source and owner of
the trademarks, service marks and copyrights related to the Russell Indices.
Russell®, Russell
1000® and Russell
3000® are all
registered trademarks of Frank Russell Company. Russell 1000® and Russell 3000® are being utilized in the indices under
license. These trademarks have been licensed along with the StrataQuant® Materials Index
(“Index”) for use by First Trust Portfolios L.P. (“FTP”) in connection with the
First Trust Materials AlphaDEX® Fund (“FXZ”). Neither
FTP, the Trust, nor FXZ is sponsored, endorsed, sold or promoted by ICE Data,
its affiliates or its Third Party Suppliers including without limitation Frank
Russell Company (“ICE Data and its Suppliers”). ICE Data and its Suppliers make
no representations or warranties regarding the advisability of investing in
securities generally, in FXZ particularly, the Trust or the ability of the Index
to track general stock market performance. ICE Data’s only relationship to FTP
is the licensing of certain trademarks, trade names and the Index or components
thereof. The Index is determined, composed and calculated by ICE Data without
regard to FTP or FXZ or its holders. ICE Data has no obligation to take the
needs of FTP or the holders of FXZ into consideration in determining, composing
or calculating the Index. ICE Data is not responsible for and has not
participated in the determination of the timing of, prices of, or quantities of
FXZ to be issued or in the determination or calculation of the equation by which
FXZ is to be priced, sold, purchased, or redeemed. Except for certain custom
index calculation services, all information provided by ICE Data is general in
nature and not tailored to the needs of FTP or any other person, entity or group
of persons. ICE Data has no obligation or liability in connection with the
administration, marketing, or trading of FXZ. ICE Data is not an investment
advisor. Inclusion of a security within an index is not a recommendation by ICE
Data to buy, sell, or hold such security, nor is it considered to be investment
advice.
ICE
DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS,
EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY
INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM (“INDEX DATA”). ICE
DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH
RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND
THE INDEX DATA, WHICH ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR
OWN RISK.
First
Trust Materials AlphaDEX® Fund
(FXZ)
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Technology AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 18.71% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P 500® Information Technology
Index, which returned 23.65% for the same Period.
During
the Period, investments in the Software industry received the greatest
allocation of any industry with an average weight of 32.2% and contributed 11.1%
to the Fund’s overall return, which was the greatest return contribution of any
industry. With an average weight of 18.5%, investments in
the Semiconductors & Semiconductor Equipment industry contributed -1.8% to
the Fund’s overall return, which was the most negative contribution of any
industry.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
Visit
www.ftportfolios.com/etf/FXL
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Super Micro Computer, Inc. | |
| Palantir Technologies, Inc., Class A | |
| Vertiv Holdings Co., Class A | |
| Toast, Inc., Class A | |
| Pegasystems, Inc. | |
| Amphenol Corp., Class A | |
| Amkor Technology, Inc. | |
| Broadcom, Inc. | |
| Cloudflare, Inc., Class A | |
| Rubrik, Inc., Class A |
Sector
Allocation
Any
amount shown as 0.0% represents less than
0.1%.
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FXL
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Source
ICE Data Indices, LLC (“ICE Data”), is used with permission. “StrataQuant®” is a service/trade mark
of ICE Data or its affiliates. Frank Russell Company is the source and owner of
the trademarks, service marks and copyrights related to the Russell Indices.
Russell®, Russell
1000® and Russell
3000® are all
registered trademarks of Frank Russell Company. Russell 1000® and Russell 3000® are being utilized in the indices under
license. These trademarks have been licensed along with the StrataQuant® Technology Index
(“Index”) for use by First Trust Portfolios L.P. (“FTP”) in connection with the
First Trust Technology AlphaDEX® Fund (“FXL”). Neither
FTP, the Trust, nor FXL is sponsored, endorsed, sold or promoted by ICE Data,
its affiliates or its Third Party Suppliers including without limitation Frank
Russell Company (“ICE Data and its Suppliers”). ICE Data and its Suppliers make
no representations or warranties regarding the advisability of investing in
securities generally, in FXL particularly, the Trust or the ability of the Index
to track general stock market performance. ICE Data’s only relationship to FTP
is the licensing of certain trademarks, trade names and the Index or components
thereof. The Index is determined, composed and calculated by ICE Data without
regard to FTP or FXL or its holders. ICE Data has no obligation to take the
needs of FTP or the holders of FXL into consideration in determining, composing
or calculating the Index. ICE Data is not responsible for and has not
participated in the determination of the timing of, prices of, or quantities of
FXL to be issued or in the determination or calculation of the equation by which
FXL is to be priced, sold, purchased, or redeemed. Except for certain custom
index calculation services, all information provided by ICE Data is general in
nature and not tailored to the needs of FTP or any other person, entity or group
of persons. ICE Data has no obligation or liability in connection with the
administration, marketing, or trading of FXL. ICE Data is not an investment
advisor. Inclusion of a security within an index is not a recommendation by ICE
Data to buy, sell, or hold such security, nor is it considered to be investment
advice.
ICE
DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS,
EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY
INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM (“INDEX DATA”). ICE
DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH
RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND
THE INDEX DATA, WHICH ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR
OWN RISK.
First
Trust Technology AlphaDEX® Fund
(FXL)
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Utilities AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 30.64% during the 12 months ended July 31, 2025. The Fund
outperformed its benchmark, the S&P 500® Utilities Index, which
returned 21.26% for the same
Period.
During
the Period, investments in the Electric Utilities industry received the greatest
allocation of any industry with an average weight of 50.4% and contributed 15.3%
to the Fund’s overall return, which was the greatest return contribution of any
industry. With an average weight of 3.7%, investments in the Water Utilities
industry contributed -0.1% to the Fund’s overall return, the only negative
return contribution of any industry.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
Visit
www.ftportfolios.com/etf/FXU
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Sempra | |
| Vistra Corp. | |
| NRG Energy, Inc. | |
| Exelon Corp. | |
| Evergy, Inc. | |
| Edison International | |
| PG&E Corp. | |
| AES (The) Corp. | |
| UGI Corp. | |
| Xcel Energy, Inc. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FXU
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Source
ICE Data Indices, LLC (“ICE Data”), is used with permission. “StrataQuant®” is a service/trade mark
of ICE Data or its affiliates. Frank Russell Company is the source and owner of
the trademarks, service marks and copyrights related to the Russell Indices.
Russell®, Russell
1000® and Russell
3000® are all
registered trademarks of Frank Russell Company. Russell 1000® and Russell 3000® are being utilized in the indices under
license. These trademarks have been licensed along with the StrataQuant® Utilities Index
(“Index”) for use by First Trust Portfolios L.P. (“FTP”) in connection with the
First Trust Utilities AlphaDEX® Fund (“FXU”). Neither
FTP, the Trust, nor FXU is sponsored, endorsed, sold or promoted by ICE Data,
its affiliates or its Third Party Suppliers including without limitation Frank
Russell Company (“ICE Data and its Suppliers”). ICE Data and its Suppliers make
no representations or warranties regarding the advisability of investing in
securities generally, in FXU particularly, the Trust or the ability of the Index
to track general stock market performance. ICE Data’s only relationship to FTP
is the licensing of certain trademarks, trade names and the Index or components
thereof. The Index is determined, composed and calculated by ICE Data without
regard to FTP or FXU or its holders. ICE Data has no obligation to take the
needs of FTP or the holders of FXU into consideration in determining, composing
or calculating the Index. ICE Data is not responsible for and has not
participated in the determination of the timing of, prices of, or quantities of
FXU to be issued or in the determination or calculation of the equation by which
FXU is to be priced, sold, purchased, or redeemed. Except for certain custom
index calculation services, all information provided by ICE Data is general in
nature and not tailored to the needs of FTP or any other person, entity or group
of persons. ICE Data has no obligation or liability in connection with the
administration, marketing, or trading of FXU. ICE Data is not an investment
advisor. Inclusion of a security within an index is not a recommendation by ICE
Data to buy, sell, or hold such security, nor is it considered to be investment
advice.
ICE
DATA AND ITS SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS,
EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS
FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY
INFORMATION INCLUDED IN, RELATED TO, OR DERIVED THEREFROM (“INDEX DATA”). ICE
DATA AND ITS SUPPLIERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH
RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES AND
THE INDEX DATA, WHICH ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR
OWN RISK.
First
Trust Utilities AlphaDEX® Fund
(FXU)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Large Cap Core AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 13.12% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P 500® Index, which returned
16.33% for the same Period.
During
the Period, investments in the Financials sector received the greatest
allocation of any sector with an average weight of 19.4%, and contributed 5.0%
to the Fund’s overall return, which was the greatest contribution of any sector.
With an average weight of 8.1%, investments in the Health Care sector
contributed -1.0% to the Fund’s overall return, which was the most negative
contribution of any sector.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
|
(1) |
|
Visit
www.ftportfolios.com/etf/FEX
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Comfort Systems USA, Inc. | |
| ROBLOX Corp., Class A | |
| GE Vernova, Inc. | |
| SoFi Technologies, Inc. | |
| Western Digital Corp. | |
| Super Micro Computer, Inc. | |
| Interactive Brokers Group, Inc., Class A | |
| EMCOR Group, Inc. | |
| Palantir Technologies, Inc., Class A | |
| Carvana Co. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FEX
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX
Large Cap CoreTM
Index are registered trademarks and service marks of Nasdaq, Inc. (together with
its affiliates hereinafter referred to as the “Corporations”) and are licensed
for use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Large Cap Core AlphaDEX® Fund
(FEX)
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Mid Cap Core AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 2.23% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P MidCap 400® Index, which returned
3.28% for the same Period.
During
the Period, investments in the Financials sector received the greatest
allocation of any sector, with an average weight of 19.4%, which contributed
2.6% to the Fund’s overall return, which was the greatest of any sector. With an
average weight of 7.0%, investments in the Energy sector contributed -2.6% to
the Fund’s overall return, which was the most negative return for any
sector.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
|
(1) |
|
Visit
www.ftportfolios.com/etf/FNX
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Bloom Energy Corp., Class A | |
| Invesco Ltd. | |
| Hims & Hers Health, Inc. | |
| Talen Energy Corp. | |
| Rocket Lab Corp. | |
| Upstart Holdings, Inc. | |
| Primoris Services Corp. | |
| Credo Technology Group Holding Ltd. | |
| Gentex Corp. | |
| IES Holdings, Inc. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FNX
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX Mid
Cap CoreTM Index are
registered trademarks and service marks of Nasdaq, Inc. (together with its
affiliates hereinafter referred to as the “Corporations”) and are licensed for
use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Mid Cap Core AlphaDEX® Fund
(FNX)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Small Cap Core AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned -0.44% during the 12 months ended July 31, 2025. The Fund
outperformed its benchmark, the S&P SmallCap 600® Index, which returned
-4.72% for the same Period.
During
the Period, investments in the Financials sector received the greatest
allocation of any sector, with an average weight of 22.3%, which contributed
2.0% to the Fund’s overall return. With an average weight of 17.5%, investments
in the Industrials sector contributed 2.7% to the Fund’s overall return, which
was the greatest of any sector. Investments in the Communication Services
sector, with an average weight of 4.1%, contributed
-1.1% to the Fund’s overall return, which was the most negative contribution of any sector.
-1.1% to the Fund’s overall return, which was the most negative contribution of any sector.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
| - |
|||
| - |
|||
|
(1) |
|
Visit
www.ftportfolios.com/etf/FYX
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| JPMorgan Chase & Co. | |
| Bank of America Corp. | |
| Mizuho Financial Group, Inc. | |
| Symbotic, Inc. | |
| DXP Enterprises, Inc. | |
| Kohl’s Corp. | |
| NuScale Power Corp. | |
| Expro Group Holdings N.V. | |
| Forestar Group, Inc. | |
| Peabody Energy Corp. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FYX
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX
Small Cap CoreTM
Index are registered trademarks and service marks of Nasdaq, Inc. (together with
its affiliates hereinafter referred to as the “Corporations”) and are licensed
for use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Small Cap Core AlphaDEX® Fund
(FYX)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Large Cap Value AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 3.88% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P 500® Value Index, which
returned 5.59% for the same
Period.
During
the Period, investments in the Financials sector received the greatest
allocation of any sector, with an average weight of 20.5% and contributed 4.5%
to the Fund’s overall return, which was the greatest of any sector. With an
average weight of 8.2%, investments in the Health Care sector contributed -1.7%
to the Funds overall return, which was the most negative return of any
sector.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
|
(1) |
|
Visit
www.ftportfolios.com/etf/FTA
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| D.R. Horton, Inc. | |
| Halliburton Co. | |
| Builders FirstSource, Inc. | |
| General Motors Co. | |
| Diamondback Energy, Inc. | |
| PulteGroup, Inc. | |
| Newmont Corp. | |
| Kraft Heinz (The) Co. | |
| ConocoPhillips | |
| Chevron Corp. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FTA
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX
Large Cap ValueTM
Index are registered trademarks and service marks of Nasdaq, Inc. (together with
its affiliates hereinafter referred to as the “Corporations”) and are licensed
for use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Large Cap Value AlphaDEX® Fund
(FTA)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Large Cap Growth AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 26.96% during the 12 months ended July 31, 2025. The Fund
outperformed its benchmark, the S&P 500® Growth Index, which
returned 25.63% for the same
Period.
During
the Period, investments in the Information Technology sector received the
greatest allocation of any sector, with an average weight of 19.5%, and
contributed 6.1% to the Fund’s overall return. With an average weight of 18.9%,
investments in the Financials sector contributed 6.4% to the Funds overall
return, which was the greatest of any sector. Investments in the Real Estate
sector, with an average weight of 3.6%, contributed
-0.1% to the Fund’s overall return, which was the most negative contribution of any sector.
-0.1% to the Fund’s overall return, which was the most negative contribution of any sector.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
|
(1) |
|
Visit
www.ftportfolios.com/etf/FTC
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Comfort Systems USA, Inc. | |
| ROBLOX Corp., Class A | |
| GE Vernova, Inc. | |
| SoFi Technologies, Inc. | |
| Super Micro Computer, Inc. | |
| Interactive Brokers Group, Inc., Class A | |
| EMCOR Group, Inc. | |
| Palantir Technologies, Inc., Class A | |
| Carvana Co. | |
| Vertiv Holdings Co., Class A |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FTC
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX
Large Cap GrowthTM
Index are registered trademarks and service marks of Nasdaq, Inc. (together with
its affiliates hereinafter referred to as the “Corporations”) and are licensed
for use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Large Cap Growth AlphaDEX® Fund
(FTC)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Multi Cap Value AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned -1.53% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P Composite 1500® Value Index, which
returned 5.25% for the same
Period.
During
the Period, the average allocation to the Financials sector was 21.7%, the
greatest of any sector, and also had the greatest contribution to the Fund’s
overall return, accounting for 3.0% of Fund performance. The negative return in
the Fund came from multiple sector allocations, but most notably from the
average allocation to the Energy sector. Investments in this sector received an
average allocation of 11.2% and had a -2.0% contribution to the Fund’s overall
return.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
| - |
|||
| - |
|||
|
(1) |
|
Visit
www.ftportfolios.com/etf/FAB
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| D.R. Horton, Inc. | |
| Halliburton Co. | |
| Builders FirstSource, Inc. | |
| General Motors Co. | |
| Diamondback Energy, Inc. | |
| PulteGroup, Inc. | |
| Newmont Corp. | |
| Kraft Heinz (The) Co. | |
| ConocoPhillips | |
| Chevron Corp. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FAB
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX
Multi Cap ValueTM
Index are registered trademarks and service marks of Nasdaq, Inc. (together with
its affiliates hereinafter referred to as the “Corporations”) and are licensed
for use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Multi Cap Value AlphaDEX® Fund
(FAB)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Multi Cap Growth AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 19.06% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P Composite 1500® Growth Index, which
returned 23.48% for the same
Period.
During
the Period, the Fund’s greatest allocations were to the Industrials sector and
the Financials sector. These two sectors were also the greatest drivers of
overall Fund performance. The Industrials sector received an average allocation of 19.7% and contributed
5.4% to the Fund’s overall return while the 17.7% average allocation to the
Financials sector contributed 5.0% to the Fund’s return. No sector had a
meaningfully negative impact on the Fund’s return, although the Materials
sector, with an average allocation of 2.3%, caused a -0.1% drag on the Fund’s
performance due in particular to holdings Aspen Aerogels, Inc. and The Scotts
Miracle-Gro Co., which were each down significantly during the
Period.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
|
(1) |
|
Visit
www.ftportfolios.com/etf/FAD
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| JPMorgan Chase & Co. | |
| Bank of America Corp. | |
| Mizuho Financial Group, Inc. | |
| Comfort Systems USA, Inc. | |
| ROBLOX Corp., Class A | |
| GE Vernova, Inc. | |
| SoFi Technologies, Inc. | |
| Super Micro Computer, Inc. | |
| Interactive Brokers Group, Inc., Class A | |
| EMCOR Group, Inc. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FAD
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX
Multi Cap GrowthTM
Index are registered trademarks and service marks of Nasdaq, Inc. (together with
its affiliates hereinafter referred to as the “Corporations”) and are licensed
for use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Multi Cap Growth AlphaDEX® Fund
(FAD)
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Mid Cap Value AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned -4.02% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P MidCap 400® Value Index, which
returned 4.32% for the same
Period.
During
the Period, investments in the Financials sector received the greatest
allocation of any sector, with an average weight of 21.8%, and contributed 2.8%
to the Fund’s overall return, which was the greatest of any sector. Investments
in the Energy sector, with an average weight 11.6%, contributed -3.7% to the
Fund’s overall return, which was the most negative return contribution of any
sector.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
| - |
|||
| - |
|||
| - |
|||
|
(1) |
|
Visit
www.ftportfolios.com/etf/FNK
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Invesco Ltd. | |
| Chord Energy Corp. | |
| Weatherford International PLC | |
| SM Energy Co. | |
| Fluor Corp. | |
| Civitas Resources, Inc. | |
| Murphy Oil Corp. | |
| Mohawk Industries, Inc. | |
| Macy’s, Inc. | |
| Ovintiv, Inc. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FNK
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX Mid
Cap ValueTM Index are
registered trademarks and service marks of Nasdaq, Inc. (together with its
affiliates hereinafter referred to as the “Corporations”) and are licensed for
use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Mid Cap Value AlphaDEX® Fund
(FNK)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Mid Cap Growth AlphaDEX® Fund | $ |
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 10.64% during the 12 months ended July 31, 2025. The Fund
outperformed its benchmark, the S&P MidCap 400® Growth Index, which
returned 2.24% for the same
Period.
During
the Period, investments in the Industrials sector received the greatest
allocation of any sector, with an average weight of 21.8%, and contributed 4.4%
to the Fund’s overall return, which was the greatest of any sector. Investments
in the Materials sector, with an average weight of 4.0%, contributed
-0.4% to the Fund’s overall return, which was the most negative contribution of
any sector.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
|
(1) |
|
Visit
www.ftportfolios.com/etf/FNY
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| Bloom Energy Corp., Class A | |
| Hims & Hers Health, Inc. | |
| Talen Energy Corp. | |
| Rocket Lab Corp. | |
| Upstart Holdings, Inc. | |
| Kratos Defense & Security Solutions, Inc. | |
| Primoris Services Corp. | |
| Credo Technology Group Holding Ltd. | |
| IES Holdings, Inc. | |
| Sterling Infrastructure, Inc. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FNY
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX Mid
Cap GrowthTM Index
are registered trademarks and service marks of Nasdaq, Inc. (together with its
affiliates hereinafter referred to as the “Corporations”) and are licensed for
use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Mid Cap Growth AlphaDEX® Fund
(FNY)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Small Cap Value AlphaDEX® Fund | $ |
|
(1) |
|
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned -10.75% during the 12 months ended July 31, 2025. The Fund
underperformed its benchmark, the S&P SmallCap 600® Value Index, which
returned -5.45% for the same
Period.
During
the Period, almost every sector allocation had a negative contribution to the
Fund’s return. The most notable source of negative performance came from the
allocations to the Consumer Discretionary sector. Investments in this sector
received an average allocation of
18.2% and accounted for a -2.7% hit to the Fund’s overall performance. The
sector with the greatest allocation was the Financials sector. Investments in
this sector received an average allocation of 24.9% but had contribution to the
Fund’s return of only -0.3%. One sector did have a positive contribution to
return and that was the Information Technology sector which was a boon for the
Fund. While the average allocation
to this sector was only 5.5%, the contribution to the Fund’s return was
0.5%.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
| - |
|||
| - |
|||
| - |
|||
| - |
|||
|
(1) |
|
Visit
www.ftportfolios.com/etf/FYT
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| JPMorgan Chase & Co. | |
| Kohl’s Corp. | |
| Expro Group Holdings N.V. | |
| Krispy Kreme, Inc. | |
| Forestar Group, Inc. | |
| Peabody Energy Corp. | |
| Vital Energy, Inc. | |
| Fresh Del Monte Produce, Inc. | |
| Academy Sports & Outdoors, Inc. | |
| American Eagle Outfitters, Inc. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FYT
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX
Small Cap ValueTM
Index are registered trademarks and service marks of Nasdaq, Inc. (together with
its affiliates hereinafter referred to as the “Corporations”) and are licensed
for use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Small Cap Value AlphaDEX® Fund
(FYT)
AlphaDEX® Fund
ANNUAL
SHAREHOLDER REPORT | July 31, 2025
WHAT
WERE THE FUND COSTS FOR THE LAST YEAR?
(Based
on a hypothetical $10,000 investment)
| Fund | Costs of a $10,000 investment | Costs
paid as a percentage of a $10,000 investment |
| First Trust Small Cap Growth AlphaDEX® Fund | $ |
|
(1) |
|
HOW
DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S
PERFORMANCE?
The
Fund returned 12.93% during the 12 months ended July 31, 2025. The Fund
outperformed its benchmark, the S&P SmallCap 600® Growth Index, which
returned -4.14% for the same
Period.
During
the Period, the Health Care sector received the greatest allocation of any
sector, with an average weight of 20.6%. However, the largest positive contributions to the Fund’s return came
from the Industrials sector at 7.1%, and the Financials sector at 5.2%. The
largest negative contribution to the Fund’s return came from the
Communication Services sector at -0.7%.
FUND
PERFORMANCE (July 31, 2015 to July 31,
2025)
The
performance line graph below shows the performance of a hypothetical $10,000
initial investment in the Fund over a ten-year period (or for the life of the
Fund, if shorter). The subsequent account value as of the end of the Period is
listed next to the name of the Fund or index, as applicable. The performance
table below shows the average annual total returns of the Fund for the past
one-, five-, and ten-year periods, as applicable (or for the life of the Fund,
if shorter), as of the end of the
Period. Both the line graph and performance table compare the Fund’s performance
to an appropriate broad-based index and may compare to additional indices
reflecting the market segment(s) in which the Fund invests over the same
periods.
Investment
Performance of $10,000
| Average Annual Total Returns (as of July 31, 2025) | 1 Year | 5 Year | 10 Year |
| - |
|||
|
(1) |
|
Visit
www.ftportfolios.com/etf/FYC
for more recent performance information.
KEY
FUND STATISTICS (As of July 31, 2025)
| Fund net assets | $ |
| Total number of portfolio holdings | |
| Total advisory fee paid | $ |
| Portfolio turnover rate |
WHAT
DID THE FUND INVEST IN? (As of July 31,
2025)
The
tables below show the investment makeup of the Fund, representing the percentage
of total investments of the Fund.
Top
Ten Holdings
| JPMorgan Chase & Co. | |
| Bank of America Corp. | |
| Mizuho Financial Group, Inc. | |
| Symbotic, Inc. | |
| Rush Street Interactive, Inc. | |
| DXP Enterprises, Inc. | |
| NuScale Power Corp. | |
| Centrus Energy Corp., Class A | |
| Life360, Inc. | |
| Perimeter Solutions, Inc. |
Sector
Allocation
WHERE
CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit
www.ftportfolios.com/fund-documents/etf/FYC
to view additional information about the Fund such as the prospectus, financial
information, Fund holdings and proxy voting information. You may also request
this information by contacting us at 1-800-621-1675 or [email protected].
OTHER
INFORMATION
Nasdaq® and Nasdaq AlphaDEX
Small Cap GrowthTM
Index are registered trademarks and service marks of Nasdaq, Inc. (together with
its affiliates hereinafter referred to as the “Corporations”) and are licensed
for use by First Trust Advisors L.P. (“First Trust”). AlphaDEX® is a registered
trademark owned by First Trust that has been licensed to Nasdaq, Inc. for use in
the name of the Index. The Fund has not been passed on by the Corporations as to
its legality or suitability. The Fund is not issued, endorsed, sold or promoted
by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY
WITH RESPECT TO THE FUND.
First
Trust Small Cap Growth AlphaDEX® Fund
(FYC)
