Caution Regarding Forward-Looking Statements

This report contains certain forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding the goals, beliefs, plans or current expectations of First Trust Advisors L.P. (“First Trust” or the “Advisor”) and its representatives, taking into account the information currently available to them. Forward-looking statements include all statements that do not relate solely to current or historical fact. For example, forward-looking statements include the use of words such as “anticipate,” “estimate,” “intend,” “expect,” “believe,” “plan,” “may,” “should,” “would” or other words that convey uncertainty of future events or outcomes.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of any series of First Trust Exchange-Traded Fund VI (the “Trust”) described in this report (each such series is referred to as a “Fund” and collectively, the “Funds”) to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. When evaluating the information included in this report, you are cautioned not to place undue reliance on these forward-looking statements, which reflect the judgment of the Advisor and its representatives only as of the date hereof. We undertake no obligation to publicly revise or update these forward-looking statements to reflect events and circumstances that arise after the date hereof.

Performance and Risk Disclosure

There is no assurance that any Fund described in this report will achieve its investment objective. Each Fund is subject to market risk, which is the possibility that the market values of securities owned by the Fund will decline and that the value of the Fund’s shares may therefore be less than what you paid for them. Accordingly, you can lose money by investing in a Fund. See “Risk Considerations” in the Additional Information section of this report for a discussion of certain other risks of investing in the Funds.

Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. For the most recent month-end performance figures, please visit www.ftportfolios.com or speak with your financial advisor. Investment returns, net asset value and share price will fluctuate and Fund shares, when sold, may be worth more or less than their original cost.

The Advisor may also periodically provide additional information on Fund performance on each Fund’s web page at www.ftportfolios.com.

How to Read This Report

This report contains information that may help you evaluate your investment. It includes details about each Fund and presents data and analysis that provide insight into each Fund’s performance and investment approach.

By reading the market overview by Robert F. Carey, Chief Market Strategist of the Advisor, you may obtain an understanding of how the market environment affected the performance of each Fund. The statistical information that follows may help you understand each Fund’s performance compared to that of relevant market benchmarks.

It is important to keep in mind that the opinions expressed by personnel of the Advisor are just that: informed opinions. They should not be considered to be promises or advice. The opinions, like the statistics, cover the period through the date on the cover of this report. The material risks of investing in each Fund are spelled out in the prospectus, the statement of additional information, and other Fund regulatory filings.

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Shareholder Letter

First Trust Exchange-Traded Fund VI

Semi-Annual Letter from the Chairman and CEO

March 31, 2023

Dear Shareholders,

First Trust is pleased to provide you with the semi-annual report for certain series of the First Trust Exchange-Traded Fund VI (the “Funds”), which contains detailed information about the Funds for the six months ended March 31, 2023.

I am constantly amazed by the depth and breadth of innovation that occurs when people from different geographic, economic, cultural, and educational backgrounds come together to solve problems. Many of the greatest companies to ever exist found their humble beginnings in the simple premise that problems are best solved through ingenuity and cooperation. That idea is still alive and well today, in my opinion. Take, as examples, the recent flood of interest sparked by artificial intelligence programs, advances in robotics, new medicines, more fuel-efficient gasoline engines, electric and hybrid vehicles, quantum computing, developments in wind and solar power; the list goes on and on. That said, the global economy is facing serious issues such as stubborn inflation and the specter of slowing economic growth to name a few.

As many investors know, the global financial system is currently navigating the fallout of the banking crisis that took lending markets by storm in March 2023. The turmoil that started in the U.S. with the failure of Silicon Valley Bank quickly spread around the globe, leading the Swiss government to broker the merger of two of Switzerland’s largest banks. In the U.S., the Federal Reserve (the “Fed”) created the Bank Term Funding Program, which allocated capital to help assure that banks can meet the needs of their depositors. Furthermore, inflation remains elevated on a global scale. Each of the countries that comprise the so-called Group of Ten is currently battling levels of inflation that are higher than the targets set by their central banks, according to data from Bloomberg. Additionally, political unrest stemming from the war between Russia and Ukraine remains a significant factor, with the potential to disturb global fuel and energy supplies as well as provoke interference from other foreign powers.

In the U.S., inflation, as measured by the trailing 12-month rate on the Consumer Price Index, stood at 5.0% as of March 31, 2023, well above the Fed’s stated goal of 2.0%. Despite signals pointing to a potential slowdown in economic growth in the U.S., the Fed stayed the course with regards to interest rate policy. Since February 28, 2022, the Fed raised the Federal Funds target rate (upper bound) a total of nine times, increasing the rate from 0.25%, where it stood on February 28, 2022, to 5.00% as of March 31, 2023.

Global markets have been resilient over time, and the S&P 500^® Index has never failed to recover from a bear market. While the issues plaguing the U.S. and global economies are severe, they are not insurmountable, in my view. As Brian Wesbury, Chief Economist at First Trust, recently wrote: “what made America strong is…its human resources and freedom.” We will continue to work the problems before us with ingenuity and resolve, as we always have.

Thank you for giving First Trust the opportunity to play a role in your financial future. We value our relationship with you and will report on the Funds again in six months.

Sincerely,

James A. Bowen

Chairman of the Board of Trustees

Chief Executive Officer of First Trust Advisors L.P.

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Market Overview

First Trust Exchange-Traded Fund VI

Semi-Annual Report

March 31, 2023

Robert F. Carey, CFA

Senior Vice President and Chief Market Strategist

First Trust Advisors L.P.

Mr. Carey is responsible for the overall management of research and analysis of the First Trust product line. Mr. Carey has more than 30 years of experience as an Equity and Fixed-Income Analyst and is a recipient of the Chartered Financial Analyst (“CFA”) designation. He is a graduate of the University of Illinois at Champaign-Urbana with a B.S. in Physics. He is also a member of the Investment Analysts Society of Chicago and the CFA Institute. Mr. Carey has appeared as a guest on such programs as Bloomberg TV, CNBC, and WBBM Radio, and has been quoted by several publications, including The Wall Street Journal, The Wall Street Reporter, Bloomberg News Service, and Registered Rep.

State of the Global Economy

The latest global growth forecast from the International Monetary Fund (“IMF”) released in April 2023 sees real gross domestic product growth rising by 2.8% worldwide in 2023, down from its 2.9% projection in January 2023. The IMF is calling for a 1.6% growth rate for the U.S., up from its January 2023 estimate of 1.4%. Emerging Market and Developing Economies are expected to grow by 3.9% this year, down from the IMF’s 4.0% estimate in January 2023. The IMF notes that risks to their global outlook are squarely to the downside, especially given the recent turmoil in the Financials sector as well as stubbornly high inflation.

In the U.S., inflation, as measured by the Consumer Price Index (“CPI”), stood at 5.0% on a trailing 12-month basis at the end of March 2023, according to the U.S. Bureau of Labor Statistics. While this is significantly lower than the most recent high of 9.1% in June 2022, the CPI remains above its 30-year average of 2.5% as of March 31, 2023, and even further from the Federal Reserve’s (the “Fed”) target of 2.0%.

Performance of Global Stocks and Bonds

The major U.S. stock indices delivered positive results over the past six months. The S&P 500^®(the “Index”), S&P MidCap 400^® and S&P SmallCap 600^® Indices posted total returns of 15.62%, 15.00% and 12.00%, respectively, for the six-month period ended March 31, 2023. Each of the 11 major sectors that comprise the Index were up on a total return basis. The top performer was the Information Technology sector, up 27.59%, while the worst showing came from the Consumer Discretionary sector, up 4.31%.

A Bloomberg survey of twenty-four equity strategists found that their average 2023 year-end price target for the Index was 4,025, as of April 19, 2023, according to its own release. The highest and lowest estimates were 4,750 and 3,225, respectively. Brian Wesbury, Chief Economist at First Trust, announced in December 2022 that his 2023 year-end price target stood at 3,900. The Index closed trading on March 31, 2023, at 4,109. The outlook for corporate earnings in 2023 has turned negative. Bloomberg’s consensus year-over-year earnings growth rate estimates for the Index for the 2023 and 2024 calendar years stood at -2.67% and 11.56%, respectively, as of April 21, 2023.

The broader foreign stock indices posted positive total returns over the past six months. Between September 30, 2022, and March 31, 2023, the MSCI World ex USA and MSCI Emerging Markets equity indices posted total returns of 25.50% (USD) and 14.04% (USD), respectively, according to Bloomberg. The major foreign bond indices were also up over the same period. The Bloomberg Global Aggregate Index of higher quality debt posted a total return of 7.69% (USD), while the Bloomberg EM Hard Currency Aggregate Index of emerging markets debt increased by 9.87% (USD), according to Bloomberg. The U.S. dollar fell by 8.57% over the past six months against a basket of major currencies, as measured by the U.S. Dollar Index (DXY). The sizable decline in the dollar provided a boost to the performance of both foreign stock and bond indices, in our opinion.

Results were also positive in the U.S. bond market over the period. The top performing major debt group we track was long-term municipal bonds. The Bloomberg Municipal Bond: Long Bond (22+ Years) Index posted a total return of 9.68% for the six-month period ended March 31, 2023. The worst-performing U.S. debt group that we track was intermediate U.S. Treasuries. The Bloomberg U.S. Treasury: Intermediate Index posted a total return of 3.31%. The yield on the benchmark 10-Year Treasury Note (“T-Note”) fell by 36 basis points in the period to close at 3.47% on March 31, 2023, according to Bloomberg. For comparative purposes, the average yield on the 10-Year T-Note was 2.19% for the 10-year period ended March 31, 2023.

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Fund Performance Overview (Unaudited)

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

The First Trust SMID Cap Rising Dividend Achievers ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Nasdaq US Small Mid Cap Rising Dividend Achievers™ Index (the “Index”). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the index. The Index is designed to provide access to a diversified portfolio of 100 small and mid cap companies with a history of raising their dividends and exhibit the characteristics to continue to do so in the future. The shares of the Fund are listed and traded on The Nasdaq Stock Market LLC, under the ticker symbol “SDVY.”

Performance
			Average Annual Total Returns		Cumulative Total Returns
	6 Months Ended 3/31/23	1 Year Ended 3/31/23	5 Years Ended 3/31/23	Inception (11/1/17) to 3/31/23	5 Years Ended 3/31/23	Inception (11/1/17) to 3/31/23
Fund Performance
NAV	17.02%	-1.67%	7.07%	7.35%	40.73%	46.75%
Market Price	17.02%	-1.67%	7.05%	7.35%	40.59%	46.75%
Index Performance
Nasdaq US Small Mid Cap Rising Dividend Achievers™ Index	17.45%	-1.13%	7.72%	8.00%	45.01%	51.66%
S&P 1000^® Index	14.10%	-6.24%	7.26%	7.40%	41.96%	47.12%

(See Notes to Fund Performance Overview on page 10.)

Nasdaq^® and Nasdaq US Small Mid Cap Rising Dividend Achievers™ 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. The Fund has not been passed on by the Corporations as to their 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.

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Fund Performance Overview (Unaudited) (Continued)

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) (Continued)

Sector Allocation	% of Total Investments
Financials	30.5%
Industrials	25.1
Consumer Discretionary	13.7
Information Technology	10.1
Energy	9.4
Materials	6.1
Communication Services	2.1
Consumer Staples	2.0
Real Estate	1.0
Total	100.0%

Top Ten Holdings	% of Total Investments
Ally Financial, Inc.	1.1%
AGCO Corp.	1.1
Popular, Inc.	1.1
Synovus Financial Corp.	1.1
Civitas Resources, Inc.	1.1
Cal-Maine Foods, Inc.	1.1
Magnolia Oil & Gas Corp., Class A	1.1
SM Energy Co.	1.1
Commercial Metals Co.	1.1
Interpublic Group of (The) Cos., Inc.	1.1
Total	11.0%

Performance figures assume reinvestment of all distributions and do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. An index is a statistical composite that tracks a specified financial market or sector. Unlike the Fund, the indices do not actually hold a portfolio of securities and therefore do not incur the expenses incurred by the Fund. These expenses negatively impact the performance of the Fund. The Fund’s past performance does not predict future performance.

Frequency Distribution of Discounts and Premiums

Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter), is available at https://www.ftportfolios.com/Retail/etf/home.aspx.

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Fund Performance Overview (Unaudited) (Continued)

First Trust Dorsey Wright Momentum & Value ETF (DVLU)

The First Trust Dorsey Wright Momentum & Value ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Dorsey Wright Momentum Plus Value™ Index (the “Index”). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is a rules-based equity index designed to track the overall performance of the 50 most undervalued stocks comprising the Nasdaq US Large Mid Cap Index™ that exhibit high levels of “relative strength.” A relative strength analysis is a momentum-based investment strategy that emphasizes a security’s forward price momentum in the security selection process. The Index is owned and was developed by Nasdaq, Inc. The shares of the Fund are listed and traded on The Nasdaq Stock Market LLC, under the ticker symbol “DVLU.”

Performance
			Average Annual Total Returns	Cumulative Total Returns
	6 Months Ended 3/31/23	1 Year Ended 3/31/23	Inception (9/5/18) to 3/31/23	Inception (9/5/18) to 3/31/23
Fund Performance
NAV	10.33%	-11.18%	4.14%	20.35%
Market Price	10.22%	-11.25%	4.13%	20.29%
Index Performance
Dorsey Wright Momentum Plus Value™ Index	10.72%	-10.62%	4.79%	23.84%
S&P 500^® Index	15.62%	-7.73%	9.93%	54.07%

(See Notes to Fund Performance Overview on page 10.)

Nasdaq^® and Dorsey Wright Momentum Plus Value™ 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. The Fund has not been passed on by the Corporations as to their 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.

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Fund Performance Overview (Unaudited) (Continued)

First Trust Dorsey Wright Momentum & Value ETF (DVLU) (Continued)

Sector Allocation	% of Total Investments
Financials	26.0%
Materials	21.4
Health Care	13.0
Industrials	10.9
Energy	10.5
Consumer Discretionary	6.9
Utilities	3.4
Information Technology	2.9
Communication Services	2.6
Consumer Staples	2.4
Total	100.0%

Top Ten Holdings	% of Total Investments
Builders FirstSource, Inc.	3.7%
Reliance Steel & Aluminum Co.	3.3
Marathon Petroleum Corp.	3.3
Penske Automotive Group, Inc.	3.2
Tenet Healthcare Corp.	3.1
Westlake Corp.	2.9
Phillips 66	2.9
United States Steel Corp.	2.8
Unum Group	2.8
UFP Industries, Inc.	2.7
Total	30.7%

Frequency Distribution of Discounts and Premiums

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Fund Performance Overview (Unaudited) (Continued)

First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

The First Trust Dorsey Wright Momentum & Low Volatility ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility™ Index (the “Index”). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the Nasdaq US Large Mid Cap Index™ that exhibit the lowest levels of volatility while still maintaining high levels of “relative strength.” A relative strength analysis is a momentum-based investment strategy that emphasizes a security’s forward price momentum in the security selection process. The Index is owned and was developed by Nasdaq, Inc. The shares of the Fund are listed and traded on The Nasdaq Stock Exchange LLC, under the ticker symbol “DVOL.”

Performance
			Average Annual Total Returns	Cumulative Total Returns
	6 Months Ended 3/31/23	1 Year Ended 3/31/23	Inception (9/5/18) to 3/31/23	Inception (9/5/18) to 3/31/23
Fund Performance
NAV	7.67%	-9.23%	6.77%	34.89%
Market Price	7.54%	-9.30%	6.76%	34.84%
Index Performance
Dorsey Wright Momentum Plus Low Volatility™ Index	8.02%	-8.71%	7.45%	38.86%
S&P 500^® Index	15.62%	-7.73%	9.93%	54.07%

(See Notes to Fund Performance Overview on page 10.)

Nasdaq^® and Dorsey Wright Momentum Plus Low Volatility™ 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. The Fund has not been passed on by the Corporations as to their 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.

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Fund Performance Overview (Unaudited) (Continued)

First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) (Continued)

Sector Allocation	% of Total Investments
Health Care	25.3%
Financials	25.0
Industrials	16.5
Consumer Staples	12.9
Consumer Discretionary	8.5
Real Estate	5.9
Utilities	3.7
Materials	2.2
Total	100.0%

Top Ten Holdings	% of Total Investments
Hershey (The) Co.	3.4%
McDonald’s Corp.	3.2
Republic Services, Inc.	3.1
Bristol-Myers Squibb Co.	3.1
Waste Management, Inc.	3.1
Chemed Corp.	3.0
Merck & Co., Inc.	3.0
AbbVie, Inc.	2.8
Procter & Gamble (The) Co.	2.8
Yum! Brands, Inc.	2.7
Total	30.2%

Frequency Distribution of Discounts and Premiums

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Notes to Fund Performance Overview (Unaudited)

Total returns for the periods since inception are calculated from the inception date of each Fund. “Average Annual Total Returns” represent the average annual change in value of an investment over the periods indicated. “Cumulative Total Returns” represent the total change in value of an investment over the periods indicated.

Each Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is computed by dividing the value of all assets of the Fund (including accrued interest and dividends), less all liabilities (including accrued expenses and dividends declared but unpaid), by the total number of outstanding shares. The price used to calculate market return (“Market Price”) is determined by using the midpoint of the national best bid and offer price (“NBBO”) as of the time that the Fund’s NAV is calculated. Under SEC rules, the NBBO consists of the highest displayed buy and lowest sell prices among the various exchanges trading the Fund at the time the Fund’s NAV is calculated. Prior to January 1, 2019, the price used was the midpoint between the highest bid and the lowest offer on the stock exchange on which shares of the Fund were listed for trading as of the time that the Fund’s NAV was calculated. Since shares of each Fund did not trade in the secondary market until after the Fund’s inception, for the period from inception to the first day of secondary market trading in shares of the Fund, the NAV of each Fund is used as a proxy for the secondary market trading price to calculate market returns. NAV and market returns assume that all distributions have been reinvested in each Fund at NAV and Market Price, respectively.

An index is a statistical composite that tracks a specified financial market or sector. Unlike each Fund, the indices do not actually hold a portfolio of securities and therefore do not incur the expenses incurred by each Fund. These expenses negatively impact the performance of each Fund. Also, market returns do not include brokerage commissions that may be payable on secondary market transactions. If brokerage commissions were included, market returns would be lower. The total returns presented reflect the reinvestment of dividends on securities in the indices. The returns presented do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. The investment return and principal value of shares of each Fund will vary with changes in market conditions. Shares of each Fund may be worth more or less than their original cost when they are redeemed or sold in the market. Each Fund’s past performance is no guarantee of future performance.

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First Trust Exchange-Traded Fund VI

Understanding Your Fund Expenses

March 31, 2023 (Unaudited)

As a shareholder of First Trust SMID Cap Rising Dividend Achievers ETF, First Trust Dorsey Wright Momentum & Value ETF, or First Trust Dorsey Wright Momentum & Low Volatility ETF (each a “Fund” and collectively, the “Funds”), you incur two types of costs: (1) transaction costs; and (2) ongoing costs, including management fees, distribution and/or service (12b-1) fees, if any, and other Fund expenses. This Example is intended to help you understand your ongoing costs of investing in the Funds and to compare these costs with the ongoing costs of investing in other funds.

The Example is based on an investment of $1,000 invested at the beginning of the period and held through the six-month period ended March 31, 2023.

Actual Expenses

The first line in the following table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled “Expenses Paid During the Six-Month Period” to estimate the expenses you paid on your account during this six-month period.

Hypothetical Example for Comparison Purposes

The second line in the following table provides information about hypothetical account values and hypothetical expenses based on each Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not each Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Funds and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs such as brokerage commissions. Therefore, the second line in the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

	Beginning Account Value October 1, 2022	Ending Account Value March 31, 2023	Annualized Expense Ratio Based on the Six-Month Period	Expenses Paid During the Six-Month Period (a)
First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)
Actual	$1,000.00	$1,170.20	0.60%	$3.25
Hypothetical (5% return before expenses)	$1,000.00	$1,021.94	0.60%	$3.02
First Trust Dorsey Wright Momentum & Value ETF (DVLU)
Actual	$1,000.00	$1,103.30	0.60%	$3.15
Hypothetical (5% return before expenses)	$1,000.00	$1,021.94	0.60%	$3.02
First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)
Actual	$1,000.00	$1,076.70	0.60%	$3.11
Hypothetical (5% return before expenses)	$1,000.00	$1,021.94	0.60%	$3.02

(a)	Expenses are equal to the annualized expense ratios as indicated in the table multiplied by the average account value over the period (October 1, 2022 through March 31, 2023), multiplied by 182/365 (to reflect the six-month period).

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First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

Portfolio of Investments

March 31, 2023 (Unaudited)

Shares	Description	Value
COMMON STOCKS – 99.8%
	Automobiles – 1.0%
182,365	Winnebago Industries, Inc.	$10,522,461
	Banks – 15.2%
285,807	Bank OZK	9,774,599
486,710	Cadence Bank	10,104,100
284,660	Cathay General Bancorp	9,826,463
232,513	Comerica, Inc.	10,095,714
285,375	Eagle Bancorp, Inc.	9,551,501
186,491	East West Bancorp, Inc.	10,350,250
913,556	First BanCorp	10,432,810
1,340,282	First Foundation, Inc.	9,985,101
238,365	International Bancshares Corp.	10,206,789
398,674	OFG Bancorp	9,942,930
408,407	Pacific Premier Bancorp, Inc.	9,809,936
200,317	Popular, Inc.	11,500,199
371,214	Synovus Financial Corp.	11,444,528
538,095	Veritex Holdings, Inc.	9,825,615
140,453	Wintrust Financial Corp.	10,246,046
339,661	Zions Bancorp N.A.	10,166,054
		163,262,635
	Building Products – 3.0%
128,209	Advanced Drainage Systems, Inc.	10,796,480
113,448	Owens Corning	10,868,318
131,482	UFP Industries, Inc.	10,448,875
		32,113,673
	Capital Markets – 2.0%
90,282	Evercore, Inc., Class A	10,416,737
186,180	Stifel Financial Corp.	11,001,376
		21,418,113
	Chemicals – 1.0%
96,862	Westlake Corp.	11,234,055
	Commercial Services & Supplies – 1.0%
73,542	Tetra Tech, Inc.	10,804,055
	Communications Equipment – 1.0%
326,024	Juniper Networks, Inc.	11,221,746
	Construction & Engineering – 1.0%
123,678	AECOM	10,428,529
	Consumer Finance – 3.0%
456,983	Ally Financial, Inc.	11,648,497
850,427	SLM Corp.	10,536,790
357,534	Synchrony Financial	10,397,089
		32,582,376
	Electrical Equipment – 2.0%
43,589	Hubbell, Inc.	10,605,640

Shares	Description	Value

	Electrical Equipment (Continued)
74,174	Regal Rexnord Corp.	$10,438,507
		21,044,147
	Electronic Equipment, Instruments & Components – 4.1%
109,355	Advanced Energy Industries, Inc.	10,716,790
461,330	Benchmark Electronics, Inc.	10,928,908
40,498	Littelfuse, Inc.	10,857,109
485,438	Vishay Intertechnology, Inc.	10,980,607
		43,483,414
	Financial Services – 6.1%
434,193	Equitable Holdings, Inc.	11,024,160
276,652	Essent Group Ltd.	11,079,913
292,889	Jackson Financial, Inc., Class A	10,956,978
822,127	MGIC Investment Corp.	11,032,944
500,057	Radian Group, Inc.	11,051,260
134,190	Walker & Dunlop, Inc.	10,221,252
		65,366,507
	Food Products – 1.0%
186,555	Cal-Maine Foods, Inc.	11,359,334
	Ground Transportation – 2.0%
59,399	Landstar System, Inc.	10,647,865
389,082	Schneider National, Inc., Class B	10,407,943
		21,055,808
	Household Durables – 6.0%
172,304	Century Communities, Inc.	11,013,672
384,178	Ethan Allen Interiors, Inc.	10,549,528
356,406	La-Z-Boy, Inc.	10,364,286
277,477	MDC Holdings, Inc.	10,785,531
184,602	PulteGroup, Inc.	10,758,604
175,754	Toll Brothers, Inc.	10,550,513
		64,022,134
	Insurance – 4.1%
87,445	American Financial Group, Inc.	10,624,568
317,229	Fidelity National Financial, Inc.	11,080,809
145,537	Principal Financial Group, Inc.	10,816,310
277,515	Unum Group	10,978,493
		43,500,180
	Leisure Products – 1.0%
185,909	Sturm Ruger & Co., Inc.	10,678,613
	Machinery – 8.2%
85,599	AGCO Corp.	11,572,985
92,267	Crane Holdings Co.	10,472,304
151,468	Graco, Inc.	11,058,679
47,215	IDEX Corp.	10,908,081
129,215	ITT, Inc.	11,151,254
144,870	Mueller Industries, Inc.	10,645,048
44,139	Snap-on, Inc.	10,897,478

Page 12

See Notes to Financial Statements

Table of Contents

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

Portfolio of Investments (Continued)

March 31, 2023 (Unaudited)

Shares	Description	Value
COMMON STOCKS (Continued)
	Machinery (Continued)
224,810	Terex Corp.	$10,876,308
		87,582,137
	Marine Transportation – 1.9%
223,377	Eagle Bulk Shipping, Inc.	10,163,653
169,768	Matson, Inc.	10,130,057
		20,293,710
	Media – 2.1%
303,399	Interpublic Group of (The) Cos., Inc.	11,298,579
118,233	Omnicom Group, Inc.	11,154,101
		22,452,680
	Metals & Mining – 4.1%
70,233	Alpha Metallurgical Resources, Inc.	10,956,348
231,241	Commercial Metals Co.	11,307,685
42,173	Reliance Steel & Aluminum Co.	10,827,496
97,835	Steel Dynamics, Inc.	11,061,225
		44,152,754
	Oil, Gas & Consumable Fuels – 9.4%
286,371	California Resources Corp.	11,025,284
83,829	Chord Energy Corp.	11,283,383
166,271	Civitas Resources, Inc.	11,362,960
191,181	CONSOL Energy, Inc.	11,140,117
348,336	EQT Corp.	11,115,402
518,643	Magnolia Oil & Gas Corp., Class A	11,347,909
234,969	Matador Resources, Co.	11,196,273
402,296	SM Energy Co.	11,328,655
6,254	Texas Pacific Land Corp.	10,638,179
		100,438,162
	Paper & Forest Products – 0.9%
186,757	Louisiana-Pacific Corp.	10,124,097
	Personal Care Products – 1.0%
99,539	Medifast, Inc.	10,319,208
	Professional Services – 4.0%
233,178	Genpact Ltd.	10,777,487
87,701	Insperity, Inc.	10,660,057
593,945	Resources Connection, Inc.	10,132,702
138,374	Robert Half International, Inc.	11,148,793
		42,719,039
	Real Estate Management & Development – 1.0%
330,826	Marcus & Millichap, Inc.	10,622,823

Shares	Description	Value

	Semiconductors & Semiconductor Equipment – 4.0%
408,324	Amkor Technology, Inc.	$10,624,590
89,516	Skyworks Solutions, Inc.	10,561,098
97,092	Teradyne, Inc.	10,438,361
71,718	Universal Display Corp.	11,125,613
		42,749,662
	Specialty Retail – 2.9%
132,608	Best Buy Co., Inc.	10,379,228
290,149	Buckle (The), Inc.	10,355,418
70,298	Dick’s Sporting Goods, Inc.	9,974,583
		30,709,229
	Technology Hardware, Storage & Peripherals – 1.0%
165,518	NetApp, Inc.	10,568,324
	Textiles, Apparel & Luxury Goods – 2.8%
118,698	Columbia Sportswear Co.	10,711,307
304,666	Movado Group, Inc.	8,765,241
287,908	Steven Madden Ltd.	10,364,688
		29,841,236
	Trading Companies & Distributors – 2.0%
166,570	Boise Cascade Co.	10,535,552
34,380	Watsco, Inc.	10,938,341
		21,473,893
	Total Investments – 99.8%	1,068,144,734
	(Cost $1,086,442,976)
	Net Other Assets and Liabilities – 0.2%	2,041,620
	Net Assets – 100.0%	$1,070,186,354

Valuation Inputs

A summary of the inputs used to value the Fund’s investments as of March 31, 2023 is as follows (see Note 2A - Portfolio Valuation in the Notes to Financial Statements):

	Total Value at 3/31/2023	Level 1 Quoted Prices	Level 2 Significant Observable Inputs	Level 3 Significant Unobservable Inputs
Common Stocks*	$ 1,068,144,734	$ 1,068,144,734	$ —	$ —

*	See Portfolio of Investments for industry breakout.

See Notes to Financial Statements

Page 13

Table of Contents

First Trust Dorsey Wright Momentum & Value ETF (DVLU)

Portfolio of Investments

March 31, 2023 (Unaudited)

Shares	Description	Value
COMMON STOCKS – 99.0%
	Banks – 0.9%
2,552	Wintrust Financial Corp.	$186,168
	Beverages – 2.4%
9,139	Molson Coors Beverage Co., Class B	472,304
	Building Products – 6.4%
8,335	Builders FirstSource, Inc. (a)	739,982
6,790	UFP Industries, Inc.	539,601
		1,279,583
	Capital Markets – 4.7%
8,779	Franklin Resources, Inc.	236,506
600	Goldman Sachs Group (The), Inc.	196,266
15,171	Invesco, Ltd.	248,805
7,799	Jefferies Financial Group, Inc.	247,540
		929,117
	Chemicals – 6.0%
7,784	Chemours (The) Co.	233,053
6,746	Olin Corp.	374,403
5,023	Westlake Corp.	582,568
		1,190,024
	Consumer Finance – 5.1%
14,255	OneMain Holdings, Inc.	528,575
16,682	Synchrony Financial	485,113
		1,013,688
	Containers & Packaging – 1.4%
10,902	Graphic Packaging Holding Co.	277,892
	Electric Utilities – 1.1%
14,100	PG&E Corp. (a)	227,997
	Electronic Equipment, Instruments & Components – 1.7%
3,751	Jabil, Inc.	330,688
	Financial Services – 2.4%
18,921	Equitable Holdings, Inc.	480,404
	Ground Transportation – 2.0%
7,241	Knight-Swift Transportation Holdings, Inc.	409,696
	Health Care Providers & Services – 10.6%
4,611	Cardinal Health, Inc.	348,131
5,076	Centene Corp. (a)	320,854
758	Cigna (The) Group	193,692
5,540	CVS Health Corp.	411,677
617	McKesson Corp.	219,683
10,434	Tenet Healthcare Corp. (a)	619,988
		2,114,025

Shares	Description	Value

	Hotels, Restaurants & Leisure – 1.0%
1,462	Marriott Vacations Worldwide Corp.	$197,165
	Independent Power & Renewable Electricity Producers – 2.2%
18,543	Vistra Energy Corp.	445,032
	Insurance – 12.0%
5,306	American International Group, Inc.	267,210
7,541	MetLife, Inc.	436,926
2,340	Principal Financial Group, Inc.	173,909
5,596	Prudential Financial, Inc.	463,013
3,774	Reinsurance Group of America, Inc.	501,036
14,083	Unum Group	557,123
		2,399,217
	Media – 2.6%
2,987	Nexstar Media Group, Inc.	515,735
	Metals & Mining – 12.8%
6,115	Commercial Metals Co.	299,024
3,456	Nucor Corp.	533,848
2,577	Reliance Steel & Aluminum Co.	661,619
4,520	Steel Dynamics, Inc.	511,031
21,460	United States Steel Corp.	560,106
		2,565,628
	Oil, Gas & Consumable Fuels – 10.5%
3,569	Chesapeake Energy Corp.	271,387
1,584	Chevron Corp.	258,446
3,162	Exxon Mobil Corp.	346,745
4,839	Marathon Petroleum Corp.	652,442
5,658	Phillips 66	573,608
		2,102,628
	Paper & Forest Products – 1.2%
4,278	Louisiana-Pacific Corp.	231,910
	Pharmaceuticals – 2.4%
49,260	Viatris, Inc.	473,881
	Semiconductors & Semiconductor Equipment – 1.3%
9,799	Amkor Technology, Inc.	254,970
	Specialty Retail – 5.9%
3,955	AutoNation, Inc. (a)	531,394
4,569	Penske Automotive Group, Inc.	647,930
		1,179,324

Page 14

See Notes to Financial Statements

Table of Contents

First Trust Dorsey Wright Momentum & Value ETF (DVLU)

Portfolio of Investments (Continued)

March 31, 2023 (Unaudited)

Shares	Description	Value
COMMON STOCKS (Continued)
	Trading Companies & Distributors – 2.4%
3,149	WESCO International, Inc.	$486,646
	Total Common Stocks	19,763,722
	(Cost $19,423,450)
REAL ESTATE INVESTMENT TRUSTS – 0.9%
	Mortgage Real Estate Investment Trusts – 0.9%
10,359	Starwood Property Trust, Inc.	183,251
	(Cost $205,621)
	Total Investments – 99.9%	19,946,973
	(Cost $19,629,071)
	Net Other Assets and Liabilities – 0.1%	19,805
	Net Assets – 100.0%	$19,966,778

(a)	Non-income producing security.

Valuation Inputs

A summary of the inputs used to value the Fund’s investments as of March 31, 2023 is as follows (see Note 2A - Portfolio Valuation in the Notes to Financial Statements):

	Total Value at 3/31/2023	Level 1 Quoted Prices	Level 2 Significant Observable Inputs	Level 3 Significant Unobservable Inputs
Common Stocks*	$ 19,763,722	$ 19,763,722	$ —	$ —
Real Estate Investment Trusts*	183,251	183,251	—	—
Total Investments	$ 19,946,973	$ 19,946,973	$—	$—

*	See Portfolio of Investments for industry breakout.

See Notes to Financial Statements

Page 15

Table of Contents

First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

Portfolio of Investments

March 31, 2023 (Unaudited)

Shares	Description	Value
COMMON STOCKS – 93.9%
	Aerospace & Defense – 1.0%
2,886	Huntington Ingalls Industries, Inc.	$597,460
	Banks – 1.2%
21,952	United Bankshares, Inc.	772,710
	Beverages – 1.8%
5,004	Constellation Brands, Inc., Class A	1,130,353
	Biotechnology – 2.8%
11,028	AbbVie, Inc.	1,757,532
	Commercial Services & Supplies – 6.1%
14,201	Republic Services, Inc.	1,920,259
11,703	Waste Management, Inc.	1,909,579
		3,829,838
	Containers & Packaging – 2.2%
26,064	Silgan Holdings, Inc.	1,398,855
	Distributors – 2.5%
9,354	Genuine Parts Co.	1,565,018
	Electrical Equipment – 2.5%
10,692	AMETEK, Inc.	1,553,868
	Financial Services – 1.6%
6,851	Jack Henry & Associates, Inc.	1,032,583
	Food Products – 6.2%
8,258	Hershey (The) Co.	2,100,918
25,143	Kraft Heinz (The) Co.	972,280
8,790	Post Holdings, Inc. (a)	789,957
		3,863,155
	Gas Utilities – 1.0%
11,109	National Fuel Gas Co.	641,434
	Health Care Providers & Services – 16.4%
10,221	AmerisourceBergen Corp.	1,636,484
10,064	Cardinal Health, Inc.	759,832
3,500	Chemed Corp.	1,882,125
2,455	Cigna (The) Group	627,326
8,445	CVS Health Corp.	627,548
4,381	McKesson Corp.	1,559,855
10,829	Quest Diagnostics, Inc.	1,532,087
3,442	UnitedHealth Group, Inc.	1,626,655
		10,251,912
	Hotels, Restaurants & Leisure – 6.0%
7,259	McDonald’s Corp.	2,029,689
12,976	Yum! Brands, Inc.	1,713,870
		3,743,559

Shares	Description	Value

	Household Products – 2.8%
11,809	Procter & Gamble (The) Co.	$1,755,880
	Insurance – 22.1%
23,678	Aflac, Inc.	1,527,704
4,912	American Financial Group, Inc.	596,808
3,431	Arthur J. Gallagher & Co.	656,385
7,748	Chubb Ltd.	1,504,507
12,089	Globe Life, Inc.	1,330,032
7,130	Hanover Insurance Group (The), Inc.	916,205
5,851	Marsh & McLennan Cos., Inc.	974,484
15,916	MetLife, Inc.	922,173
7,740	Progressive (The) Corp.	1,107,284
6,653	RLI Corp.	884,250
7,865	Selective Insurance Group, Inc.	749,770
9,134	Travelers (The) Cos., Inc.	1,565,659
17,272	W.R. Berkley Corp.	1,075,355
		13,810,616
	Machinery – 5.2%
3,981	IDEX Corp.	919,730
3,552	Illinois Tool Works, Inc.	864,734
2,621	Nordson Corp.	582,544
3,495	Snap-on, Inc.	862,881
		3,229,889
	Multi-Utilities – 2.6%
56,173	CenterPoint Energy, Inc.	1,654,857
	Pharmaceuticals – 6.0%
27,661	Bristol-Myers Squibb Co.	1,917,184
17,542	Merck & Co., Inc.	1,866,293
		3,783,477
	Professional Services – 1.7%
11,797	Leidos Holdings, Inc.	1,086,032
	Tobacco – 2.2%
13,839	Philip Morris International, Inc.	1,345,843
	Total Common Stocks	58,804,871
	(Cost $58,467,796)
REAL ESTATE INVESTMENT TRUSTS – 5.9%
	Retail REITs – 2.6%
37,622	National Retail Properties, Inc.	1,661,011
	Specialized REITs – 3.3%
25,697	Gaming and Leisure Properties, Inc.	1,337,786

Page 16

See Notes to Financial Statements

Table of Contents

First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

Portfolio of Investments (Continued)

March 31, 2023 (Unaudited)

Shares	Description	Value
REAL ESTATE INVESTMENT TRUSTS (Continued)
	Specialized REITs (Continued)
21,903	VICI Properties, Inc.	$714,476
		2,052,262
	Total Real Estate Investment Trusts	3,713,273
	(Cost $3,609,014)
	Total Investments – 99.8%	62,518,144
	(Cost $62,076,810)
	Net Other Assets and Liabilities – 0.2%	98,067
	Net Assets – 100.0%	$62,616,211

(a)	Non-income producing security.

Valuation Inputs

A summary of the inputs used to value the Fund’s investments as of March 31, 2023 is as follows (see Note 2A - Portfolio Valuation in the Notes to Financial Statements):

	Total Value at 3/31/2023	Level 1 Quoted Prices	Level 2 Significant Observable Inputs	Level 3 Significant Unobservable Inputs
Common Stocks*	$ 58,804,871	$ 58,804,871	$ —	$ —
Real Estate Investment Trusts*	3,713,273	3,713,273	—	—
Total Investments	$ 62,518,144	$ 62,518,144	$—	$—

*	See Portfolio of Investments for industry breakout.

See Notes to Financial Statements

Page 17

Table of Contents

First Trust Exchange-Traded Fund VI

Statements of Assets and Liabilities

March 31, 2023 (Unaudited)

	First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)	First Trust Dorsey Wright Momentum & Value ETF (DVLU)	First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)
ASSETS:
Investments, at value	$ 1,068,144,734	$ 19,946,973	$ 62,518,144
Cash	715,288	14,072	40,231
Receivables:
Dividends	1,870,416	15,980	89,235
Dividend reclaims	11,453	—	—
Total Assets	1,070,741,891	19,977,025	62,647,610
LIABILITIES:
Payables:
Investment advisory fees	555,537	10,247	31,399
Total Liabilities	555,537	10,247	31,399
NET ASSETS	$1,070,186,354	$19,966,778	$62,616,211
NET ASSETS consist of:
Paid-in capital	$ 1,165,053,438	$ 31,731,833	$ 86,808,708
Par value	401,500	9,000	24,500
Accumulated distributable earnings (loss)	(95,268,584)	(11,774,055)	(24,216,997)
NET ASSETS	$1,070,186,354	$19,966,778	$62,616,211
NET ASSET VALUE, per share	$26.65	$22.19	$25.56
Number of shares outstanding (unlimited number of shares authorized, par value $0.01 per share)	40,150,002	900,002	2,450,002
Investments, at cost	$1,086,442,976	$19,629,071	$62,076,810

Page 18

See Notes to Financial Statements

Table of Contents

First Trust Exchange-Traded Fund VI

Statements of Operations

For the Six Months Ended March 31, 2023 (Unaudited)

	First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)	First Trust Dorsey Wright Momentum & Value ETF (DVLU)	First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)
INVESTMENT INCOME:
Dividends	$ 17,052,870	$ 351,052	$ 736,321
Interest	34,492	574	1,564
Foreign withholding tax	(43,295)	(359)	—
Other	31	—	—
Total investment income	17,044,098	351,267	737,885
EXPENSES:
Investment advisory fees	3,018,682	65,266	213,879
Total expenses	3,018,682	65,266	213,879
NET INVESTMENT INCOME (LOSS)	14,025,416	286,001	524,006
NET REALIZED AND UNREALIZED GAIN (LOSS):
Net realized gain (loss) on:
Investments	(57,421,905)	(549,322)	(4,663,542)
In-kind redemptions	9,254,692	187,062	563,047
Net realized gain (loss)	(48,167,213)	(362,260)	(4,100,495)
Net change in unrealized appreciation (depreciation) on:
Investments	168,592,364	2,185,917	9,711,660
NET REALIZED AND UNREALIZED GAIN (LOSS)	120,425,151	1,823,657	5,611,165
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$ 134,450,567	$ 2,109,658	$ 6,135,171

See Notes to Financial Statements

Page 19

Table of Contents

First Trust Exchange-Traded Fund VI

Statements of Changes in Net Assets

	First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)		First Trust Dorsey Wright Momentum & Value ETF (DVLU)
	Six Months Ended 3/31/2023 (Unaudited)	Year Ended 9/30/2022	Six Months Ended 3/31/2023 (Unaudited)	Year Ended 9/30/2022
OPERATIONS:
Net investment income (loss)	$ 14,025,416	$ 15,508,578	$ 286,001	$ 401,682
Net realized gain (loss)	(48,167,213)	(24,538,123)	(362,260)	(1,579,870)
Net change in unrealized appreciation (depreciation)	168,592,364	(182,334,771)	2,185,917	(1,474,104)
Net increase (decrease) in net assets resulting from operations	134,450,567	(191,364,316)	2,109,658	(2,652,292)
DISTRIBUTIONS TO SHAREHOLDERS FROM:
Investment operations	(13,823,521)	(14,025,016)	(284,306)	(416,941)
SHAREHOLDER TRANSACTIONS:
Proceeds from shares sold	210,359,374	937,688,574	1,092,214	5,097,895
Cost of shares redeemed	(80,421,269)	(123,351,150)	(2,320,003)	(8,523,685)
Net increase (decrease) in net assets resulting from shareholder transactions	129,938,105	814,337,424	(1,227,789)	(3,425,790)
Total increase (decrease) in net assets	250,565,151	608,948,092	597,563	(6,495,023)
NET ASSETS:
Beginning of period	819,621,203	210,673,111	19,369,215	25,864,238
End of period	$1,070,186,354	$819,621,203	$19,966,778	$19,369,215
CHANGES IN SHARES OUTSTANDING:
Shares outstanding, beginning of period	35,500,002	7,450,002	950,002	1,100,002
Shares sold	7,700,000	32,800,000	50,000	200,000
Shares redeemed	(3,050,000)	(4,750,000)	(100,000)	(350,000)
Shares outstanding, end of period	40,150,002	35,500,002	900,002	950,002

Page 20

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Table of Contents

First Trust Exchange-Traded Fund VI

Financial Highlights

For a share outstanding throughout each period

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

	Six Months Ended 3/31/2023 (Unaudited)	Year Ended September 30,				Period Ended 9/30/2018 (a)
	Six Months Ended 3/31/2023 (Unaudited)	2022	2021	2020	2019	Period Ended 9/30/2018 (a)
Net asset value, beginning of period	$ 23.09	$ 28.28	$ 18.27	$ 20.37	$ 21.28	$ 19.94
Income from investment operations:
Net investment income (loss)	0.36	0.51	0.36	0.33	0.35	0.26
Net realized and unrealized gain (loss)	3.56	(5.21)	9.99	(2.08)	(0.92)	1.31
Total from investment operations	3.92	(4.70)	10.35	(1.75)	(0.57)	1.57
Distributions paid to shareholders from:
Net investment income	(0.36)	(0.49)	(0.34)	(0.35)	(0.34)	(0.23)
Net asset value, end of period	$26.65	$23.09	$28.28	$18.27	$20.37	$21.28
Total return (b)	17.02%	(16.78)%	56.77%	(8.56)%	(2.59)%	7.92%
Ratios to average net assets/supplemental data:
Net assets, end of period (in 000’s)	$ 1,070,186	$ 819,621	$ 210,673	$ 10,050	$ 7,128	$ 4,257
Ratio of total expenses to average net assets	0.60% (c)	0.60%	0.60%	0.60%	0.60%	0.60% (c)
Ratio of net investment income (loss) to average net assets	2.79% (c)	2.25%	1.77%	1.83%	1.95%	1.49% (c)
Portfolio turnover rate (d)	48%	86%	36%	76%	78%	72%

(a)	Inception date is November 1, 2017, which is consistent with the commencement of investment operations and is the date the initial creation units were established.
(b)	Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. The returns presented do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated for the time period presented and is not annualized for periods of less than a year.
(c)	Annualized.
(d)	Portfolio turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received or delivered from processing creations or redemptions and in-kind transactions.

Page 22

See Notes to Financial Statements

Table of Contents

First Trust Exchange-Traded Fund VI

Financial Highlights (Continued)

For a share outstanding throughout each period

First Trust Dorsey Wright Momentum & Value ETF (DVLU)

	Six Months Ended 3/31/2023 (Unaudited)	Year Ended September 30,				Period Ended 9/30/2018 (a)
	Six Months Ended 3/31/2023 (Unaudited)	2022	2021	2020	2019	Period Ended 9/30/2018 (a)
Net asset value, beginning of period	$ 20.39	$ 23.51	$ 15.07	$ 18.52	$ 19.46	$ 19.98
Income from investment operations:
Net investment income (loss)	0.30	0.40	0.29	0.25	0.33	0.02
Net realized and unrealized gain (loss)	1.80	(3.11)	8.42	(3.44)	(0.94)	(0.54)
Total from investment operations	2.10	(2.71)	8.71	(3.19)	(0.61)	(0.52)
Distributions paid to shareholders from:
Net investment income	(0.30)	(0.41)	(0.27)	(0.26)	(0.33)	—
Net asset value, end of period	$22.19	$20.39	$23.51	$15.07	$18.52	$19.46
Total return (b)	10.33%	(11.71)%	57.98%	(17.19)%	(3.04)%	(2.60)%
Ratios to average net assets/supplemental data:
Net assets, end of period (in 000’s)	$ 19,967	$ 19,369	$ 25,864	$ 14,320	$ 19,451	$ 13,625
Ratio of total expenses to average net assets	0.60% (c)	0.60%	0.60%	0.60%	0.60%	0.60% (c)
Ratio of net investment income (loss) to average net assets	2.63% (c)	1.64%	1.68%	1.56%	2.01%	3.61% (c)
Portfolio turnover rate (d)	97%	230%	195%

First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)
Six Months Ended 3/31/2023 (Unaudited)		Year Ended 9/30/2022

$ 524,006		$ 1,144,440
(4,100,495)		4,581,875
9,711,660		(18,738,146)
6,135,171		(13,011,831)

(629,266)		(1,071,096)

2,655,083		93,110,294
(26,998,338)		(118,688,168)
(24,343,255)		(25,577,874)
(18,837,350)		(39,660,801)

81,453,561		121,114,362
$62,616,211		$81,453,561

3,400,002		4,400,002
100,000		3,300,000
(1,050,000)		(4,300,000)
2,450,002		3,400,002

Shareholder Letter	2
Market Overview	3
Fund Performance Overview
First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)	4
First Trust Dorsey Wright Momentum & Value ETF (DVLU)	6
First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)	8
Notes to Fund Performance Overview	10
Understanding Your Fund Expenses	11
Portfolio of Investments
First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)	12
First Trust Dorsey Wright Momentum & Value ETF (DVLU)	14
First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)	16
Statements of Assets and Liabilities	18
Statements of Operations	19
Statements of Changes in Net Assets	20
Financial Highlights	22
Notes to Financial Statements	25
Additional Information	31