First Trust Exchange-Traded Fund VI

Book 1

 

First Trust NASDAQ Technology Dividend Index Fund (TDIV)

Multi-Asset Diversified Income Index Fund (MDIV)

First Trust S&P International Dividend Aristocrats ETF (FID)

First Trust BuyWrite Income ETF (FTHI)

First Trust Hedged BuyWrite Income ETF (FTLB)

First Trust Rising Dividend Achievers ETF (RDVY)

First Trust Dorsey Wright Focus 5 ETF (FV)

First Trust RBA American Industrial Renaissance® ETF (AIRR)

First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)

First Trust Dorsey Wright International Focus 5 ETF (IFV)

First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC)

First Trust Indxx Innovative Transaction & Process ETF (LEGR)

First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)

First Trust International Developed Capital Strength ETF (FICS)

Semi-Annual Report
For the Six Months Ended
March 31, 2022

Table of Contents
First Trust Exchange-Traded Fund VI
Semi-Annual Report
March 31, 2022

2

3
Fund Performance Overview

4

6

8

11

13

15

17

19

21

23

25

27

29

31

33

34
Portfolio of Investments

36

38

43

46

54

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125

Table of Contents
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 objectives. 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.
Page 1

Table of Contents
Shareholder Letter
First Trust Exchange-Traded Fund VI
Semi-Annual Letter from the Chairman and CEO
March 31, 2022
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, 2022.
How are investors expected to make sense of the markets in a climate like the one we are in today? For what it is worth, the famous adage that “perception is reality” is a complete misnomer, in my opinion. Perception is a perspective of reality. Reality is the truth. When it comes to investing one’s capital, it can be difficult to ascertain the truth, especially in the age of the internet and the 24/7 news cycle. There is so much information pumped out daily pertaining to the securities markets that it can be counterproductive if you consume too much of it, particularly if you do not have a discerning eye. To be frank, a lot of financial information adds up to nothing more than noise, or is an extension of someone’s agenda, and we at First Trust encourage investors to ignore it as best they can. That is why we believe that investors should lean on those market principles that are tried and true. That is how you make sense of the markets, in my opinion.
There is essentially nothing major transpiring around the globe today that we have not encountered to some degree before, including war. Even the coronavirus (“COVID-19”) pandemic, which arrived in the U.S. in the first quarter of 2020, was somewhat matched in scope by the 1918 flu (Spanish flu) pandemic. Approximately 987,000 lives have been lost so far in the U.S. from the COVID-19 pandemic, compared to 675,000 spanning the 1918 flu pandemic, according to data from the Centers for Disease Control and Prevention. While we have had more deaths from the COVID-19 virus, the speed in which no fewer than three effective vaccines were brought to bear to combat this virus was astounding. U.S. ingenuity is what keeps this country ascending, in my opinion. I believe it to be one of the main reasons why the investment philosophy “time in the market” has been such a tried and true principle of the wealth building process. Endure the ups and downs of the stock market and you can persevere over time. In the short-run, it is anybody’s guess, and guessing should not play any role in developing a financial plan. History is on your side. Keep in mind, the S&P 500® Index has never failed to fully recover any losses sustained in a downturn and it stood at its all-time closing high on January 3, 2022.
The stock and bond markets have been more volatile of late and may stay that way, at least over the near-term. Based on some thorough guidance from the Federal Reserve (the “Fed”) with respect to its bias towards raising short-term interest rates more aggressively than once thought to fight inflation, there is a good chance that the days of artificially low interest rates are finally coming to an end. Bond yields have spiked recently to reflect the surge in inflation, which stood at 8.5% on a trailing 12-month basis in March 2022, and the anticipated rate hikes from the Fed. In other words, interest rates and bond yields are in the process of normalizing. What is normal? Well, the Federal Funds target rate (upper bound), which stood at 0.50% at the close on April 21, 2022, averaged 2.48% for the 30-year period ended April 21, 2022, according to Bloomberg. It reached as high as 6.50% in 2000. The yield on the 10-Year Treasury Note (“T-Note”), which stood at 2.91% at the close on April 21, 2022, averaged 3.98% over that same 30-year period. The 10-Year T-Note reached as high as 8.03% in 1994. All eyes will likely be on the Fed for the remainder of this year. The economy is still growing, albeit at a slower clip, and it looks like more Americans are heading back to work. Keep an eye on interest rates, bond yields and inflation in the months ahead. We would prefer slow and steady as they rise as opposed to sharp moves higher. As always, stay the course!
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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Table of Contents
Market Overview
First Trust Exchange-Traded Fund VI
Semi-Annual Report
March 31, 2022
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 2022 sees real gross domestic product growth rising by 3.6% worldwide in 2022, down from its 4.4% projection in January 2022. The IMF is calling for a 3.7% growth rate for the U.S., down from its January estimate of 4.0%. Emerging Market and Developing Economies are expected to grow by 3.8% this year, down markedly from the IMF’s 4.8% estimate in January. While global growth is expected to slow some in 2022, there does not appear to be a significant threat of recession in the near-term. The IMF notes that the reduction in its economic growth targets is largely a byproduct of Russia’s decision to invade Ukraine back on February 24, 2022.
Robust inflation and the war between Russia and Ukraine have been the dominant stories of late, in our opinion. Inflation, as measured by the Consumer Price Index, stood at 8.5% on a trailing 12-month basis at the end of March 2022, according to the U.S. Bureau of Labor Statistics. The last time inflation in the U.S. was this high was in 1982. Consumer prices are up significantly across the board, including groceries, gasoline, automobiles, homes, and apartment rents. It has been reported that the war between Russia and Ukraine could lead to global food shortages. It has already helped drive energy prices higher. These two events are worth monitoring closely. If one or both end up being protracted, then we would anticipate higher levels of volatility in the markets moving forward. Perhaps the biggest beneficiary of the spike in inflation is commodity prices, which surged 27.03% in the first quarter of 2022, as measured by the Refinitiv/CC CRB Excess Return Index.
Performance of Global Stocks and Bonds
The major U.S. stock indices delivered mixed results over the past six months. The S&P 500®, S&P MidCap 400® and S&P SmallCap 600® Indices posted total returns of 5.92%, 2.73% and -0.30%, respectively, for the six-month period ended March 31, 2022. Due to the ongoing economic headwinds stemming from the coronavirus pandemic, rising inflation, and, more recently, the war between Russia and Ukraine, large-capitalization (“cap”) stocks outperformed their mid- and small-cap counterparts over the period, an indication that investors were somewhat concerned about the level of risk they were willing to assume, in our opinion. Ten of the 11 major sectors that comprise the S&P 500® Index (the “Index”) were up on a total return basis. The top performer was Energy, up 50.11%, while the worst showing came from Communication Services, down 11.93%.
A Bloomberg survey of 24 equity strategists found that their average 2022 year-end price target for the Index was 4,868 as of April 2022, according to its own release. The highest and lowest estimates were 5,330 and 4,400, respectively. Brian Wesbury, Chief Economist at First Trust, announced in May 2022 that he is looking for a year-end price target of 4,900, a downward revision from his 5,250 projection at the close of 2021. The Index closed trading on March 31, 2022, at 4,530.41. The outlook for corporate earnings remains optimistic. Bloomberg’s consensus year-over-year earnings growth rate estimates for the Index for 2022 and 2023 were 10.25% and 9.44%, respectively, as of April 1, 2022.
The broader foreign stock indices lagged the performance of the major U.S. stock indices. Over the past six months, the MSCI World ex USA and MSCI Emerging Markets indices posted total returns of -1.82% (USD) and -8.20% (USD), respectively, according to Bloomberg. The major foreign bond indices were also down over the same period. The Bloomberg Global Aggregate Index of higher quality debt posted a total return of -6.79% (USD), while the Bloomberg EM Hard Currency Aggregate Index of emerging markets debt declined by 10.58% (USD), according to Bloomberg. The U.S. dollar rose by 4.33% over the past six months against a basket of major currencies, as measured by the U.S. Dollar Index (DXY). The sizable jump in the dollar provided a drag on the performance of both foreign stock and bond indices, in our opinion.
In the U.S. bond market, the results were also disappointing. The top performing major debt group we track was speculative-grade corporate bonds. The Bloomberg U.S. Corporate High Yield Index posted a total return of -4.16% for the six-month period ended March 31, 2022. The worst-performing U.S. debt group that we track was long-term municipal bonds. The Bloomberg Municipal Bond: Long Bond (22+ years) posted a total return of -7.21%. The yield on the benchmark 10-Year Treasury Note (“T-Note”) rose by 85 basis points in the period to close at 2.34% on March 31, 2022, according to Bloomberg. For comparative purposes, the average yield on the 10-Year T-Note was 2.03% for the 10-year period ended March 31, 2022.
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Table of Contents
Fund Performance Overview (Unaudited)
First Trust NASDAQ Technology Dividend Index Fund (TDIV)
The First Trust NASDAQ Technology Dividend Index Fund (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Nasdaq Technology Dividend IndexTM (the “Index”). The shares of the Fund are listed and trade on The Nasdaq Stock Market LLC under the ticker symbol “TDIV.” The Fund normally invests at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the Index.
The Index includes up to 100 technology and telecommunications companies that pay a regular or common dividend. To be selected for the Index, a company must be classified as a technology or telecommunications company under the Industry Classification Benchmark and have a minimum market capitalization of $500 million. The Index may include U.S.-listed securities of non-U.S. companies, including companies located in emerging market countries.
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(8/13/12)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(8/13/12)
to 3/31/22
Fund Performance              
NAV 5.43% 11.32% 15.88% 14.71%   108.93% 274.94%
Market Price 5.56% 11.39% 15.90% 14.72%   109.14% 275.29%
Index Performance              
Nasdaq Technology Dividend IndexTM 5.75% 11.98% 16.64% 15.46%   115.85% 299.09%
S&P 500® Index 5.92% 15.65% 15.99% 15.18%   109.94% 289.98%
S&P 500® Information Technology Index 6.94% 20.90% 26.81% 21.71%   227.86% 563.32%
(See Notes to Fund Performance Overview on page 33.)

Nasdaq® and Nasdaq Technology Dividend IndexTM 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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Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust NASDAQ Technology Dividend Index Fund (TDIV) (Continued)
Sector Allocation % of Total
Investments
Information Technology 83.1%
Communication Services 15.6
Industrials 1.2
Consumer Discretionary 0.1
Health Care 0.0*
Total 100.0%
    
* Amount is less than 0.1%.
Top Ten Holdings % of Total
Investments
Broadcom, Inc. 8.3%
International Business Machines Corp. 8.3
Intel Corp. 8.1
Microsoft Corp. 8.0
Texas Instruments, Inc. 7.6
Oracle Corp. 4.2
Taiwan Semiconductor Manufacturing Co., Ltd., ADR 3.8
QUALCOMM, Inc. 3.5
Analog Devices, Inc. 3.0
Lumen Technologies, Inc. 2.1
Total 56.9%

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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Table of Contents
Fund Performance Overview (Unaudited) (Continued)
Multi-Asset Diversified Income Index Fund (MDIV)
The Multi-Asset Diversified Income Index Fund (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 Multi-Asset Diversified Income IndexSM (the “Index”). The shares of the Fund are listed and trade on The Nasdaq Stock Market LLC under the ticker symbol “MDIV.” The Fund normally invests at least 90% of its net assets (including investment borrowings) in the common stocks and/or depositary receipts, real estate investment trusts (“REITs”), preferred securities, master limited partnerships (“MLPs”) and exchange-traded fund (“ETF”) that comprise the Index. The Index allocates 20% of its weight to the equity securities segment, 20% of its weight to the REIT segment, 20% of its weight to the preferred securities segment, 20% of its weight to the MLP segment and 20% of its weight to an ETF that invests in high yield corporate debt securities. The ETF in which the Fund invests may be advised by First Trust Advisors L.P.
The Index is designed to provide exposure to five asset segments, each selected to result in a consistent and high yield for the Index. The Index is reconstituted and rebalanced quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public.
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(8/13/12)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(8/13/12)
to 3/31/22
Fund Performance              
NAV 5.84% 9.70% 3.06% 4.25%   16.24% 49.27%
Market Price 5.83% 9.70% 3.04% 4.25%   16.13% 49.27%
Index Performance              
Nasdaq US Multi-Asset Diversified Income IndexSM 6.16% 10.32% 3.62% 4.90%   19.48% 58.56%
S&P 500® Index 5.92% 15.65% 15.99% 15.18%   109.94% 289.98%
Dow Jones U.S. Select DividendTM Index* 13.43% 16.30% 11.31% 12.94%   70.88% 222.71%
(See Notes to Fund Performance Overview on page 33.)

* The Dow Jones U.S. Select DividendTM Index represents 100 of the United States’ leading stocks by dividend yield.
Nasdaq® and Nasdaq US Multi-Asset Diversified Income IndexSM 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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Table of Contents
Fund Performance Overview (Unaudited) (Continued)
Multi-Asset Diversified Income Index Fund (MDIV) (Continued)
Sector Allocation % of Total
Investments
Financials 33.3%
Energy 19.7
Other* 19.5
Real Estate 6.5
Utilities 6.4
Consumer Staples 5.3
Communication Services 3.8
Industrials 2.0
Health Care 1.1
Information Technology 0.9
Materials 0.8
Consumer Discretionary 0.7
Total 100.0%
    
* Exchange-traded fund with holdings representing multiple sectors.
Top Ten Holdings % of Total
Investments
First Trust Tactical High Yield ETF 19.5%
Two Harbors Investment Corp. 1.3
Icahn Enterprises, L.P. 1.3
USA Compression Partners, L.P. 1.3
Annaly Capital Management, Inc. 1.2
Ready Capital Corp. 1.2
New York Mortgage Trust, Inc. 1.1
Apollo Commercial Real Estate Finance, Inc. 1.1
CMS Energy Corp. 1.1
Shell Midstream Partners, L.P. 1.0
Total 30.1%

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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Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust S&P International Dividend Aristocrats ETF (FID)
The First Trust S&P International Dividend Aristocrats 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 S&P International Dividend Aristocrats Index (the “Index”). The shares of the Fund are listed and trade on The Nasdaq Stock Market LLC under the ticker symbol “FID.” The Fund normally invests at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Index measures the performance of high dividend yielding companies that have followed a managed-dividends policy of increasing or maintaining dividends for at least ten consecutive years.
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(8/22/13)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(8/22/13)
to 3/31/22
Fund Performance              
NAV 2.04% 4.62% 4.65% 3.20%   25.51% 31.19%
Market Price 2.50% 4.08% 4.83% 3.23%   26.58% 31.47%
Index Performance              
S&P International Dividend Aristocrats Index(1) 3.19% 6.38% N/A N/A   N/A N/A
Dow Jones EPAC Select DividendTM Index(2) 6.86% 6.97% 6.13% 4.56%   34.63% 46.75%
MSCI World ex USA Index -1.82% 3.04% 7.14% 5.55%   41.15% 59.16%
(See Notes to Fund Performance Overview on page 33.)

(1) On August 30, 2018, the Fund’s underlying index changed from the NASDAQ International Multi-Asset Diversified Income IndexSM to the S&P International Dividend Aristocrats Index (the “Index”). Therefore, the Fund’s performance and historical returns shown for the periods prior to August 30, 2018, are not necessarily indicative of the performance that the Fund, based on its current index, would have generated. Since the Index had an inception date of April 30, 2018, it was not in existence for all of the periods disclosed. The old index was terminated on November 23, 2018, so performance data does not exist for these time periods.
(2) The Dow Jones EPAC Select DividendTM Index measures the performance of a selected group of companies, from non-U.S. developed markets (Europe, Pacific Asia, and Canada), that have provided relatively high dividend yields on a consistent basis over time.
S&P International Dividend Aristocrats Index (“Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by First Trust. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by First Trust. The Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the Index.
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Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust S&P International Dividend Aristocrats ETF (FID) (Continued)
Sector Allocation % of Total
Investments
Financials 23.8%
Utilities 21.9
Real Estate 17.6
Industrials 8.0
Energy 7.9
Communication Services 7.0
Consumer Staples 5.5
Materials 4.2
Health Care 4.1
Total 100.0%
    
Country Allocation % of Total
Investments
Canada 25.5%
Hong Kong 15.3
Japan 14.7
Switzerland 9.7
United Kingdom 8.4
France 3.3
Germany 2.8
Belgium 2.4
Spain 2.3
South Korea 1.8
Finland 1.7
Australia 1.6
Norway 1.6
Bermuda 1.5
Sweden 1.4
Mexico 1.4
Cayman Islands 1.3
Singapore 1.2
Portugal 1.1
Netherlands 1.0
Total 100.0%
Top Ten Holdings % of Total
Investments
Enagas S.A. 2.3%
Keyera Corp. 2.1
New World Development Co., Ltd. 2.0
TC Energy Corp. 1.9
China Overseas Land & Investment Ltd. 1.8
Rubis SCA 1.8
Guangdong Investment Ltd. 1.8
KT&G Corp. 1.8
Power Assets Holdings Ltd. 1.7
SmartCentres Real Estate Investment Trust 1.7
Total 18.9%
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Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust S&P International Dividend Aristocrats ETF (FID) (Continued)

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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Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust BuyWrite Income ETF (FTHI)
The First Trust BuyWrite Income ETF (the “Fund”) is an actively managed exchange-traded fund. The Fund’s primary investment objective is to provide current income. The Fund’s secondary investment objective is to provide capital appreciation. Under normal market conditions, the Fund invests primarily in equity securities listed on U.S. exchanges. The Fund also employs an “option strategy” in which it will write U.S. exchange-traded covered call options on the S&P 500® Index (the “Index”) to seek additional cash flow in the form of premiums on the options that may be distributed to shareholders on a monthly basis. The equity securities held by the Fund are selected using a mathematical optimization process which attempts to favor higher dividend paying common stocks for the Fund’s portfolio. The shares of the Fund are listed and trade on the Nasdaq Stock Market LLC under the ticker symbol “FTHI.”
Portfolio management decisions are made under the direction of the following Portfolio Managers:
John Gambla, CFA, FRM, PRM, Senior Portfolio Manager of First Trust
Rob A. Guttschow, CFA, Senior Portfolio Manager of First Trust
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(1/6/14)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(1/6/14)
to 3/31/22
Fund Performance              
NAV 9.84% 14.11% 6.24% 6.43%   35.33% 67.04%
Market Price 9.87% 14.14% 6.25% 6.44%   35.43% 67.18%
Index Performance              
CBOE S&P 500 BuyWrite Monthly Index(1) 7.86% 14.88% 7.17% 7.05%   41.38% 75.13%
S&P 500® Index 5.92% 15.65% 15.99% 13.84%   109.94% 190.69%
(See Notes to Fund Performance Overview on page 33.)

(1) The CBOE S&P 500 BuyWrite Monthly Index is a benchmark index designed to track the performance of a hypothetical buy-write strategy on the S&P 500® Index.
Page 11

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust BuyWrite Income ETF (FTHI) (Continued)
Sector Allocation % of Total
Investments
Health Care 18.3%
Financials 17.1
Information Technology 15.5
Energy 14.4
Materials 10.6
Consumer Discretionary 9.3
Communication Services 7.0
Industrials 4.0
Consumer Staples 2.1
Utilities 0.9
Real Estate 0.8
Total 100.0%
    
Fund Allocation % of Net Assets
Common Stocks 94.9%
Real Estate Investment Trusts 1.8
Master Limited Partnerships 1.0
Call Options Written (1.8)
Net Other Assets and Liabilities 4.1
Total 100.0%
Top Ten Holdings % of Total
Investments
Apple, Inc. 6.7%
Microsoft Corp. 5.6
Amazon.com, Inc. 3.3
Wells Fargo & Co. 2.4
PNC Financial Services Group (The), Inc. 2.3
Alphabet, Inc., Class C 2.1
Alphabet, Inc., Class A 2.1
Tesla, Inc. 1.9
Berkshire Hathaway, Inc., Class B 1.7
US Bancorp 1.6
Total 29.7%

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.
Page 12

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Hedged BuyWrite Income ETF (FTLB)
The First Trust Hedged BuyWrite Income ETF (the “Fund”) is an actively managed exchange-traded fund. The Fund’s investment objective is to provide current income. Under normal market conditions, the Fund invests primarily in equity securities listed on U.S. exchanges. The Fund also employs an “option strategy” in which it writes U.S. exchange-traded covered call options on the S&P 500® Index (the “Index”) to seek additional cash flow in the form of premiums on the options. The premiums may be distributed to shareholders on a monthly basis or used to purchase U.S. exchange-traded put options on the Index that seek to provide the Fund with downside protection and which are expected to reduce the Fund’s price sensitivity to declining markets. The equity securities held by the Fund are selected using a mathematical optimization process which attempts to favor higher dividend paying common stocks for the Fund’s portfolio. The shares of the Fund are listed and trade on The Nasdaq Stock Market LLC under the ticker symbol “FTLB.”
Portfolio Management Team
Portfolio management decisions are made under the direction of the following Portfolio Managers:
John Gambla, CFA, FRM, PRM, Senior Portfolio Manager of First Trust
Rob A. Guttschow, CFA, Senior Portfolio Manager of First Trust
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(1/6/14)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(1/6/14)
to 3/31/22
Fund Performance              
NAV 8.67% 12.22% 4.63% 4.84%   25.42% 47.52%
Market Price 8.71% 12.32% 4.65% 4.85%   25.53% 47.68%
Index Performance              
CBOE S&P 500 95-110 Collar IndexSM(1) -0.18% 6.04% 13.44% 9.83%   87.83% 116.34%
S&P 500® Index 5.92% 15.65% 15.99% 13.84%   109.94% 190.69%
CBOE Nasdaq-100 Buywrite IndexSM(2) 2.12% 5.87% 8.79% 8.09%   52.35% 89.76%
Nasdaq-100® Index(3) 1.37% 14.14% 23.41% 20.35%   186.21% 359.22%
(See Notes to Fund Performance Overview on page 33.)

(1) The CBOE S&P 500 95-110 Collar IndexSM is designed to protect an investment in S&P 500® stocks against market declines. The passive collar strategy reflected by the index entails: holding the stocks in the S&P 500® Index; buying three-month S&P 500® put options to protect this S&P 500® portfolio from market decreases; and selling one-month S&P 500® call options to help finance the cost of the put options.
(2) The Cboe Nasdaq-100 BuyWrite IndexSM is a benchmark index designed to track the performance of a hypothetical buy-write strategy on the Nasdaq-100® Index. The index is a passive total return index based on (1) buying the Nasdaq-100® Index stock index portfolio, and (2) “writing” (or selling) the near-term Nasdaq-100® Index “covered” call option.
(3) On May 11, 2022, the Fund’s primary benchmark changed from the S&P 500® Index to the Nasdaq-100® Index, because the Advisor believes that the Nasdaq-100® Index better reflects the investment strategies of the Fund.
Page 13

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Hedged BuyWrite Income ETF (FTLB) (Continued)
Sector Allocation % of Total
Investments
Health Care 18.4%
Information Technology 16.3
Financials 15.7
Energy 14.4
Materials 10.5
Consumer Discretionary 9.5
Communication Services 7.5
Industrials 3.9
Consumer Staples 2.1
Utilities 0.9
Real Estate 0.8
Total 100.0%
    
Fund Allocation % of Net Assets
Common Stocks 94.1%
Real Estate Investment Trusts 1.8
Master Limited Partnerships 0.9
Put Options Purchased 0.6
Call Options Written (1.8)
Put Options Written (0.2)
Net Other Assets and Liabilities 4.6
Total 100.0%
Top Ten Holdings % of Total
Investments
Apple, Inc. 7.1%
Microsoft Corp. 5.9
Amazon.com, Inc. 3.4
Wells Fargo & Co. 2.4
PNC Financial Services Group (The), Inc. 2.3
Alphabet, Inc., Class C 2.3
Alphabet, Inc., Class A 2.2
Tesla, Inc. 2.0
Berkshire Hathaway, Inc., Class B 1.8
NVIDIA Corp. 1.5
Total 30.9%

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.
Page 14

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Rising Dividend Achievers ETF (RDVY)
The First Trust 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 Nasdaq US Rising Dividend AchieversTM Index (the “Index”). The Fund normally invests at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the Index. The Index includes 50 U.S. exchange-traded equity securities, including securities issued by non-U.S. companies that trade on U.S. securities exchanges in the form of depositary receipts. The Index is designed to provide access to a diversified portfolio of small, mid and large capitalization companies with a history of raising their dividends while exhibiting the characteristics to continue to do so in the future by including companies with strong cash balances, low debt and increasing earnings. The shares of the Fund are listed and trade on The Nasdaq Stock Market LLC under the ticker symbol “RDVY.”
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(1/6/14)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(1/6/14)
to 3/31/22
Fund Performance              
NAV 3.78% 8.97% 14.82% 13.49%   99.57% 183.37%
Market Price 3.85% 8.96% 14.82% 13.50%   99.58% 183.47%
Index Performance              
Nasdaq US Rising Dividend AchieversTM Index 4.06% 9.56% 15.45% 14.11%   105.11% 196.27%
Dow Jones U.S. Select DividendTM Index* 13.43% 16.30% 11.31% 11.76%   70.88% 149.77%
(See Notes to Fund Performance Overview on page 33.)

* The Dow Jones U.S. Select DividendTM Index represents 100 of the United States’ leading stocks by dividend yield.
Nasdaq® and Nasdaq US Rising Dividend AchieversTM 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.
Page 15

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Rising Dividend Achievers ETF (RDVY) (Continued)
Sector Allocation % of Total
Investments
Financials 35.6%
Information Technology 26.7
Health Care 10.1
Materials 7.8
Consumer Discretionary 5.4
Energy 4.2
Communication Services 4.0
Industrials 4.0
Consumer Staples 2.2
Total 100.0%
Top Ten Holdings % of Total
Investments
Archer-Daniels-Midland Co. 2.2%
Apple, Inc. 2.2
Cincinnati Financial Corp. 2.2
Intel Corp. 2.1
Pioneer Natural Resources Co. 2.1
Allstate (The) Corp. 2.1
Freeport-McMoRan, Inc. 2.1
NVIDIA Corp. 2.1
EOG Resources, Inc. 2.1
Corteva, Inc. 2.1
Total 21.3%

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.
Page 16

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Focus 5 ETF (FV)
The First Trust Dorsey Wright Focus 5 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 Focus FiveTM Index (the “Index”). The Fund normally invests at least 90% of its net assets (including investment borrowings) in the exchange-traded funds (“ETFs”) that comprise the Index. The ETFs comprising the Index selection universe are advised by First Trust Advisors L.P. (“First Trust”), the Fund’s investment advisor. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC’s (the “Index Provider”) proprietary methodology, which takes into account the performance of each of the First Trust sector-based ETFs relative to one another. The Index is designed to provide targeted exposure to the five First Trust sector-based ETFs that the Index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe and that satisfy certain trading volume and liquidity requirements. The shares of the Fund are listed and trade on The Nasdaq Stock Market LLC under the ticker symbol “FV.”
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(3/5/14)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(3/5/14)
to 3/31/22
Fund Performance              
NAV 4.52% 7.25% 15.10% 11.78%   102.01% 145.71%
Market Price 4.52% 7.24% 15.08% 11.77%   101.80% 145.56%
Index Performance              
Dorsey Wright Focus FiveTM Index 4.77% 7.68% 15.43% 12.17%   104.89% 152.67%
S&P 500® Index 5.92% 15.65% 15.99% 13.72%   109.94% 182.37%
(See Notes to Fund Performance Overview on page 33.)

Nasdaq® and Dorsey Wright Focus FiveTM 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.
Page 17

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Focus 5 ETF (FV) (Continued)

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.
Page 18

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust RBA American Industrial Renaissance® ETF (AIRR)
The First Trust RBA American Industrial Renaissance® 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 Richard Bernstein Advisors American Industrial Renaissance® Index (the “Index”). The Fund normally invests at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Index is designed to measure the performance of small- and mid-cap U.S. companies in the industrial and community banking sectors. The shares of the Fund are listed and trade on The Nasdaq Stock Market LLC under the ticker symbol “AIRR.”
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(3/10/14)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(3/10/14)
to 3/31/22
Fund Performance              
NAV 3.54% 4.47% 12.33% 10.02%   78.83% 115.85%
Market Price 3.42% 4.34% 12.37% 10.02%   79.16% 115.81%
Index Performance              
Richard Bernstein Advisors American Industrial Renaissance® Index 3.93% 5.27% 13.14% 10.86%   85.36% 129.46%
S&P 500® Index 5.92% 15.65% 15.99% 13.72%   109.94% 181.78%
S&P 500® Industrials Index 6.08% 6.14% 11.27% 10.62%   70.54% 125.53%
Russell 2500® Index -2.22% 0.34% 11.57% 9.77%   72.90% 111.86%
(See Notes to Fund Performance Overview on page 33.)

Richard Bernstein Advisors and Richard Bernstein Advisors American Industrial Renaissance® Index (“Index”) are trademarks and trade names of Richard Bernstein Advisors (“RBA”). The Fund is not sponsored, endorsed, sold or promoted by RBA and RBA makes no representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of trading in the Fund. RBA’s only relationship to First Trust is the licensing of certain trademarks and trade names of RBA and of the Index, which is determined, composed and calculated by RBA without regard to First Trust or the Fund. RBA has no obligation to take the needs of First Trust or the owners of the Fund into consideration in determining, composing or calculating the Index. RBA is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the Fund to be listed or in the determination or calculation of the equation by which the Fund is to be converted into cash. RBA has no obligation or liability in connection with the administration, marketing or trading of the Fund.
Page 19

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust RBA American Industrial Renaissance® ETF (AIRR) (Continued)
Sector Allocation % of Total
Investments
Industrials 90.2%
Financials 9.2
Total 99.4%
Top Ten Holdings % of Total
Investments
U.S. Ecology, Inc. 4.8%
Quanta Services, Inc. 3.8
Evoqua Water Technologies Corp. 3.8
NV5 Global, Inc. 3.6
Clean Harbors, Inc. 3.6
Arcosa, Inc. 3.3
Mueller Water Products, Inc., Class A 3.0
MYR Group, Inc. 3.0
RBC Bearings, Inc. 3.0
Comfort Systems USA, Inc. 2.9
Total 34.8%

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.
Page 20

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)
The First Trust Dorsey Wright Momentum & Dividend ETF 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 Dividend YieldTM Index (the “Index”). Under normal conditions, the Fund invests at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Index is a rules-based equity index designed to track the overall performance of the 50 stocks with the highest dividend yield comprising the Nasdaq US Large Mid Index that still maintain 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 Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The shares of the Fund are listed and trade on The Nasdaq Stock Market LLC under the ticker symbol “DDIV.”
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(3/10/14)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(3/10/14)
to 3/31/22
Fund Performance              
NAV 9.26% 17.89% 10.61% 9.52%   65.56% 108.03%
Market Price 9.33% 17.88% 10.63% 9.52%   65.69% 108.12%
Index Performance              
Dorsey Wright Momentum Plus Dividend YieldTM Index(1) 9.69% 18.71% N/A N/A   N/A N/A
Dow Jones U.S. Select DividendTM Index(2) 13.43% 16.30% 11.31% 11.66%   70.88% 143.12%
S&P 500® Index 5.92% 15.65% 15.99% 13.72%   109.94% 181.78%
(See Notes to Fund Performance Overview on page 33.)

(1) On September 6, 2018, the Fund’s underlying index changed from the Richard Bernstein Advisors Quality Income Index to the Dorsey Wright Momentum Plus Dividend YieldTM Index (the “Index”). Therefore, the Fund’s performance and historical returns shown for the periods prior to September 6, 2018, are not necessarily indicative of the performance that the Fund, based on its current index, would have generated. Since the Index had an inception date of July 2, 2018, it was not in existence for all of the periods disclosed.
(2) The Dow Jones U.S. Select DividendTM Index represents 100 of the United States’ leading stocks by dividend yield.
Nasdaq® and Dorsey Wright Momentum Plus Dividend YieldTM 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 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.
Page 21

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) (Continued)
Sector Allocation % of Total
Investments
Real Estate 37.9%
Financials 27.6
Energy 18.1
Information Technology 5.2
Materials 2.8
Consumer Discretionary 2.3
Communication Services 2.3
Health Care 2.2
Industrials 1.6
Total 100.0%
Top Ten Holdings % of Total
Investments
ONEOK, Inc. 5.3%
Williams (The) Cos., Inc. 5.1
Spirit Realty Capital, Inc. 3.9
Prudential Financial, Inc. 3.3
Marathon Petroleum Corp. 3.2
Lamar Advertising Co., Class A 3.0
Brixmor Property Group, Inc. 2.9
EOG Resources, Inc. 2.9
American Campus Communities, Inc. 2.8
Welltower, Inc. 2.7
Total 35.1%

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.
Page 22

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright International Focus 5 ETF (IFV)
The First Trust Dorsey Wright International Focus 5 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 International Focus FiveTM Index (the “Index”). The Fund normally invests at least 90% of its net assets (including investment borrowings) in the exchange-traded funds (“ETFs”) that comprise the Index. The ETFs comprising the Index selection universe are advised by First Trust Advisors L.P. (“First Trust”), the Fund’s investment advisor. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC’s (the “Index Provider”) proprietary methodology, which takes into account the performance of certain First Trust international ETFs relative to one another. The Index is designed to provide targeted exposure to the five First Trust country/region-based ETFs that the Index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe. The shares of the Fund are listed and trade on The Nasdaq Stock Market LLC under the ticker symbol “IFV.”
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(7/22/14)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(7/22/14)
to 3/31/22
Fund Performance              
NAV -6.76% -7.15% 3.75% 2.19%   20.22% 18.13%
Market Price -6.50% -7.01% 3.82% 2.22%   20.63% 18.42%
Index Performance              
Dorsey Wright International Focus FiveTM Index -6.62% -6.86% 4.26% 2.63%   23.21% 22.06%
MSCI ACWI ex USA Index -3.72% -1.48% 6.76% 3.87%   38.71% 33.93%
(See Notes to Fund Performance Overview on page 33.)

Nasdaq® and Dorsey Wright International Focus FiveTM 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.
Page 23

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright International Focus 5 ETF (IFV) (Continued)

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.
Page 24

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC)
The First Trust Dorsey Wright Dynamic Focus 5 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 Dynamic Focus FiveTM Index (the “Index”). The Fund normally invests at least 80% of its net assets (including investment borrowings) in the exchange-traded funds (“ETFs”) that comprise the Index, including the First Trust Enhanced Short Maturity ETF (“FTSM”), an ultra-short duration exchange-traded fund. The ETFs comprising the Index selection universe are advised by First Trust Advisors L.P. (“First Trust”), the Fund’s investment advisor. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC’s (the “Index Provider”) proprietary methodology, which takes into account the performance of each of the First Trust sector and industry-based ETFs relative to one another. The Index is designed to provide targeted exposure to the five First Trust sector and industry-based ETFs that the Index Provider determines offer the greatest potential to outperform the other First Trust sector and industry-based ETFs and that satisfy certain trading volume and liquidity requirements. In addition to the First Trust sector and industry-based ETFs, the Index may select FTSM. FTSM is also evaluated and its inclusion and weight in the Index is adjusted based upon its rank relative to the selection universe of sector and industry-based ETFs chosen by the Index. The shares of the Fund are listed and trade on The Nasdaq Stock Market LLC under the ticker symbol “FVC.”
Performance  
      Average Annual Total Returns   Cumulative Total Returns
  6 Months
Ended
3/31/22
1 Year
Ended
3/31/22
5 Years
Ended
3/31/22
Inception
(3/17/16)
to 3/31/22
  5 Years
Ended
3/31/22
Inception
(3/17/16)
to 3/31/22
Fund Performance              
NAV 4.52% 7.24% 10.89% 11.11%   67.68% 88.88%
Market Price 4.52% 7.24% 10.86% 11.10%   67.48% 88.83%
Index Performance              
Dorsey Wright Dynamic Focus FiveTM Index 4.77% 7.68% 11.22% 11.45%   70.18% 92.46%
S&P 500® Index 5.92% 15.65% 15.99% 16.26%   109.94% 148.42%
(See Notes to Fund Performance Overview on page 33.)

Nasdaq® and Dorsey Wright Dynamic Focus FiveTM 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.
Page 25

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) (Continued)

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.
Page 26

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Indxx Innovative Transaction & Process ETF (LEGR)
The First Trust Indxx Innovative Transaction & Process 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 Indxx Blockchain Index (the “Index”). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the Index. The Index is designed to track the performance of companies that are either actively using, investing in, developing, or have products that are poised to benefit from blockchain technology and/or the potential for increased efficiency that it provides to various business processes. The Index seeks to include only companies that have devoted material resources to the use of blockchain technologies. The shares of the Fund are listed and traded on The Nasdaq Stock Market LLC, under the ticker symbol “LEGR.”
Performance
      Average Annual
Total Returns
Cumulative
Total Returns
  6 Months Ended
3/31/22
1 Year Ended
3/31/22
Inception (1/24/18)
to 3/31/22
Inception (1/24/18)
to 3/31/22
Fund Performance        
NAV -3.57% 2.60% 8.93% 43.02%
Market Price -3.75% 2.37% 8.95% 43.13%
Index Performance        
Indxx Blockchain Index -3.10% 3.85% 10.04% 49.16%
S&P 500® Index 5.92% 15.65% 13.86% 72.07%
(See Notes to Fund Performance Overview on page 33.)

Indxx and Indxx Blockchain Index (“Index”) are trademarks of Indxx, LLC (“Indxx”) and have been licensed for use for certain purposes by First Trust. The Fund is not sponsored, endorsed, sold or promoted by Indxx and Indxx makes no representation regarding the advisability of trading in such product. The Index is determined, composed and calculated by Indxx without regard to First Trust or the Fund.
Page 27

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Indxx Innovative Transaction & Process ETF (LEGR) (Continued)
Sector Allocation % of Total
Long-Term
Investments
Financials 36.6%
Information Technology 33.3
Consumer Discretionary 9.1
Communication Services 8.3
Industrials 5.7
Utilities 2.9
Materials 1.7
Consumer Staples 1.6
Energy 0.8
Total 100.0%
Top Ten Holdings % of Total
Long-Term
Investments
NVIDIA Corp. 1.5%
PayPal Holdings, Inc. 1.5
Alibaba Group Holding Ltd., ADR 1.5
Capgemini SE 1.4
Infineon Technologies AG 1.4
Amazon.com, Inc. 1.4
JD.com, Inc., ADR 1.4
Mastercard, Inc., Class A 1.4
China CITIC Bank Corp., Ltd., Class H 1.4
Accenture PLC, Class A 1.4
Total 14.3%

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.
Page 28

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
The First Trust Nasdaq Artificial Intelligence and Robotics 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 CTA Artificial Intelligence and Robotics IndexSM (the “Index”). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the Index. The Index is designed to track the performance of companies engaged in the artificial intelligence and robotics segments of the technology, industrial and other economic sectors. The shares of the Fund are listed and traded on The Nasdaq Stock Market LLC, under the ticker symbol “ROBT.”
Performance
      Average Annual
Total Returns
Cumulative
Total Returns
  6 Months Ended
3/31/22
1 Year Ended
3/31/22
Inception (2/21/18)
to 3/31/22
Inception (2/21/18)
to 3/31/22
Fund Performance        
NAV -11.43% -8.96% 12.06% 59.57%
Market Price -11.46% -9.23% 12.07% 59.63%
Index Performance        
Nasdaq CTA Artificial Intelligence and Robotics IndexSM -10.95% -8.03% 12.97% 64.96%
S&P 500® Index 5.92% 15.65% 15.46% 80.41%
(See Notes to Fund Performance Overview on page 33.)

Nasdaq® and Nasdaq CTA Artificial Intelligence and Robotics IndexSM 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.
Page 29

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) (Continued)
Sector Allocation % of Total
Long-Term
Investments
Information Technology 57.3%
Industrials 21.4
Consumer Discretionary 11.1
Health Care 7.1
Communication Services 2.4
Real Estate 0.4
Consumer Staples 0.3
Total 100.0%
Top Ten Holdings % of Total
Long-Term
Investments
AeroVironment, Inc. 2.6%
Luminar Technologies, Inc. 2.2
Cadence Design Systems, Inc. 2.1
BlackBerry Ltd. 2.1
AutoStore Holdings Ltd. 2.1
Illumina, Inc. 2.1
Elbit Systems Ltd. 2.1
Synopsys, Inc. 2.1
Dynatrace, Inc. 2.1
PROS Holdings, Inc. 2.1
Total 21.6%

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.
Page 30

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust International Developed Capital Strength ETF (FICS)
The First Trust International Developed Capital Strength 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 International Developed Capital Strength IndexSM (the “Index”). The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 90% of its net assets (including investment borrowings) in the common stocks and real estate investment trusts that comprise the Index. The Index seeks to provide exposure to well-capitalized companies in the developed markets outside of the U.S. with strong market positions that have the potential to provide a greater degree of stability and performance over time. The shares of the Fund are listed and traded on The Nasdaq Stock Market LLC, under the ticker symbol “FICS.”
Performance
      Average Annual
Total Returns
Cumulative
Total Returns
  6 Months Ended
3/31/22
1 Year Ended
3/31/22
Inception (12/15/20)
to 3/31/22
Inception (12/15/20)
to 3/31/22
Fund Performance        
NAV -2.95% 6.19% 8.34% 10.88%
Market Price -2.82% 6.14% 8.61% 11.25%
Index Performance        
The International Developed Capital Strength IndexSM -2.28% 7.72% 10.20% 13.35%
MSCI World ex USA Index -1.82% 3.04% 7.11% 9.27%
(See Notes to Fund Performance Overview on page 33.)

Nasdaq® and The International Developed Capital Strength IndexSM 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.
Page 31

Table of Contents
Fund Performance Overview (Unaudited) (Continued)
First Trust International Developed Capital Strength ETF (FICS) (Continued)
Sector Allocation % of Total
Investments
Industrials 31.7%
Health Care 19.3
Consumer Staples 13.8
Financials 12.7
Information Technology 10.9
Consumer Discretionary 5.6
Materials 3.7
Real Estate 2.3
Total 100.0%
Top Ten Holdings % of Total
Investments
Thales S.A. 2.7%
Alimentation Couche-Tard, Inc. 2.5
Toronto-Dominion Bank (The) 2.4
GlaxoSmithKline PLC 2.4
Bunzl PLC 2.4
AstraZeneca PLC 2.3
Canadian National Railway Co. 2.3
Intact Financial Corp. 2.3
Novo Nordisk A.S., Class B 2.3
Goodman Group 2.3
Total 23.9%

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.
Page 32

Table of Contents
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.
Page 33

Table of Contents
First Trust Exchange-Traded Fund VI
Understanding Your Fund Expenses
March 31, 2022 (Unaudited)
As a shareholder of First Trust NASDAQ Technology Dividend Index Fund, Multi-Asset Diversified Income Index Fund, First Trust S&P International Dividend Aristocrats ETF, First Trust BuyWrite Income ETF, First Trust Hedged BuyWrite Income ETF, First Trust Rising Dividend Achievers ETF, First Trust Dorsey Wright Focus 5 ETF, First Trust RBA American Industrial Renaissance® ETF, First Trust Dorsey Wright Momentum & Dividend ETF, First Trust Dorsey Wright International Focus 5 ETF, First Trust Dorsey Wright Dynamic Focus 5 ETF, First Trust Indxx Innovative Transaction & Process ETF, First Trust Nasdaq Artificial Intelligence Robotics ETF, or First Trust International Developed Capital Strength 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 (in U.S. dollars) 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, 2022.
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, 2021
Ending
Account Value
March 31, 2022
Annualized
Expense Ratio
Based on the
Six-Month
Period
Expenses Paid
During the
Six-Month
Period (a)
First Trust NASDAQ Technology Dividend Index Fund (TDIV)
Actual $1,000.00 $1,054.30 0.50% $2.56
Hypothetical (5% return before expenses) $1,000.00 $1,022.44 0.50% $2.52
Multi-Asset Diversified Income Index Fund (MDIV) (b)
Actual $1,000.00 $1,058.40 0.48% $2.46
Hypothetical (5% return before expenses) $1,000.00 $1,022.54 0.48% $2.42
First Trust S&P International Dividend Aristocrats ETF (FID)
Actual $1,000.00 $1,020.40 0.60% $3.02
Hypothetical (5% return before expenses) $1,000.00 $1,021.94 0.60% $3.02
First Trust BuyWrite Income ETF (FTHI)
Actual $1,000.00 $1,098.40 0.85% $4.45
Hypothetical (5% return before expenses) $1,000.00 $1,020.69 0.85% $4.28
First Trust Hedged BuyWrite Income ETF (FTLB)
Actual $1,000.00 $1,086.70 0.85% $4.42
Hypothetical (5% return before expenses) $1,000.00 $1,020.69 0.85% $4.28
Page 34

Table of Contents
First Trust Exchange-Traded Fund VI
Understanding Your Fund Expenses (Continued)
March 31, 2022 (Unaudited)
  Beginning
Account Value
October 1, 2021
Ending
Account Value
March 31, 2022
Annualized
Expense Ratio
Based on the
Six-Month
Period
Expenses Paid
During the
Six-Month
Period (a)
First Trust Rising Dividend Achievers ETF (RDVY)
Actual $1,000.00 $1,037.80 0.50% $2.54
Hypothetical (5% return before expenses) $1,000.00 $1,022.44 0.50% $2.52
First Trust Dorsey Wright Focus 5 ETF (FV) (b)
Actual $1,000.00 $1,045.20 0.30% $1.53
Hypothetical (5% return before expenses) $1,000.00 $1,023.44 0.30% $1.51
First Trust RBA American Industrial Renaissance® ETF (AIRR)
Actual $1,000.00 $1,035.40 0.70% $3.55
Hypothetical (5% return before expenses) $1,000.00 $1,021.44 0.70% $3.53
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)
Actual $1,000.00 $1,092.60 0.60% $3.13
Hypothetical (5% return before expenses) $1,000.00 $1,021.94 0.60% $3.02
First Trust Dorsey Wright International Focus 5 ETF (IFV) (b)
Actual $1,000.00 $932.40 0.30% $1.45
Hypothetical (5% return before expenses) $1,000.00 $1,023.44 0.30% $1.51
First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) (b)
Actual $1,000.00 $1,045.20 0.30% $1.53
Hypothetical (5% return before expenses) $1,000.00 $1,023.44 0.30% $1.51
First Trust Indxx Innovative Transaction & Process ETF (LEGR)
Actual $1,000.00 $964.30 0.65% $3.18
Hypothetical (5% return before expenses) $1,000.00 $1,021.69 0.65% $3.28
First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
Actual $1,000.00 $885.70 0.65% $3.06
Hypothetical (5% return before expenses) $1,000.00 $1,021.69 0.65% $3.28
First Trust International Developed Capital Strength ETF (FICS)
Actual $1,000.00 $970.50 0.70% $3.44
Hypothetical (5% return before expenses) $1,000.00 $1,021.44 0.70% $3.53
    
(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, 2021 through March 31, 2022), multiplied by 182/365 (to reflect the six-month period).
(b) Annualized expense ratio and expenses paid during the six-month period do not include fees and expenses of the underlying funds in which the Fund invests.
Page 35

Table of Contents
First Trust NASDAQ Technology Dividend Index Fund (TDIV)
Portfolio of Investments
March 31, 2022 (Unaudited)
Shares   Description   Value
COMMON STOCKS – 99.8%
    Communications Equipment – 4.8%    
41,611   ADTRAN, Inc.   $767,723
18,460   AudioCodes Ltd.   471,653
643,671   Cisco Systems, Inc.   35,891,095
24,815   Comtech Telecommunications Corp.   389,347
370,261   Juniper Networks, Inc.   13,758,899
107,968   Motorola Solutions, Inc.   26,149,849
404,172   Telefonaktiebolaget LM Ericsson, ADR   3,694,132
23,486   Ubiquiti, Inc.   6,838,184
        87,960,882
    Diversified Telecommunication
Services – 10.7%
   
1,515,304   AT&T, Inc.   35,806,634
15,643   ATN International, Inc.   623,843
683,371   BCE, Inc.   37,899,756
33,814   Chunghwa Telecom Co., Ltd., ADR   1,503,032
116,116   Cogent Communications Holdings, Inc.   7,704,297
3,465,011   Lumen Technologies, Inc.   39,050,674
215,448   Orange S.A., ADR   2,546,595
68,134   Telkom Indonesia Persero Tbk PT, ADR   2,176,881
1,422,245   TELUS Corp.   37,177,484
668,856   Verizon Communications, Inc.   34,071,525
        198,560,721
    Electronic Equipment,
Instruments & Components – 4.8%
   
183,399   Amphenol Corp., Class A   13,819,115
78,461   Avnet, Inc.   3,184,732
32,325   Benchmark Electronics, Inc.   809,418
48,757   CDW Corp.   8,722,140
736,705   Corning, Inc.   27,191,782
29,110   Jabil, Inc.   1,796,960
15,862   Methode Electronics, Inc.   686,031
130,169   National Instruments Corp.   5,283,560
31,228   TD SYNNEX Corp.   3,223,042
165,891   TE Connectivity Ltd.   21,728,403
97,657   Vishay Intertechnology, Inc.   1,914,077
        88,359,260
    Health Care Technology – 0.0%    
4,505   Simulations Plus, Inc.   229,665
    Industrial Conglomerates – 0.5%    
19,928   Roper Technologies, Inc.   9,410,599
Shares   Description   Value
    Interactive Media & Services – 0.3%    
70,011   Autohome, Inc., ADR   $2,129,034
92,749   JOYY, Inc., ADR   3,406,671
        5,535,705
    Internet & Direct Marketing
Retail – 0.1%
   
12,366   Shutterstock, Inc.   1,151,027
    IT Services – 10.5%    
83,578   Amdocs Ltd.   6,870,947
214,289   Cognizant Technology Solutions Corp., Class A   19,215,295
19,212   CSG Systems International, Inc.   1,221,307
21,082   Hackett Group (The), Inc.   486,151
475,661   Infosys Ltd., ADR   11,839,202
1,172,067   International Business Machines Corp.   152,392,151
41,490   Switch, Inc., Class A   1,278,722
        193,303,775
    Media – 2.1%    
2,150   Cable One, Inc.   3,148,116
767,696   Comcast Corp., Class A   35,943,527
        39,091,643
    Professional Services – 0.7%    
45,321   KBR, Inc.   2,480,419
70,798   Leidos Holdings, Inc.   7,647,600
35,225   Science Applications International Corp.   3,246,688
        13,374,707
    Semiconductors &
Semiconductor Equipment – 42.8%
   
67,234   Amkor Technology, Inc.   1,460,322
330,276   Analog Devices, Inc.   54,554,990
226,798   Applied Materials, Inc.   29,891,976
239,517   ASE Technology Holding Co., Ltd., ADR   1,698,176
18,030   ASML Holding N.V.   12,042,778
244,433   Broadcom, Inc.   153,914,571
94,786   Himax Technologies, Inc., ADR   1,029,376
3,010,274   Intel Corp.   149,189,179
61,818   KLA Corp.   22,629,097
25,790   Kulicke & Soffa Industries, Inc.   1,444,756
51,007   Lam Research Corp.   27,421,873
246,875   Microchip Technology, Inc.   18,550,188
8,918   Monolithic Power Systems, Inc.   4,331,294
113,881   NXP Semiconductors N.V.   21,077,096
13,011   Power Integrations, Inc.   1,205,859
417,439   QUALCOMM, Inc.   63,793,028
27,305   Silicon Motion Technology Corp., ADR   1,824,520
92,235   Skyworks Solutions, Inc.   12,293,081
 
Page 36
See Notes to Financial Statements

Table of Contents
First Trust NASDAQ Technology Dividend Index Fund (TDIV)
Portfolio of Investments (Continued)
March 31, 2022 (Unaudited)
Shares   Description   Value
COMMON STOCKS (Continued)
    Semiconductors &
Semiconductor Equipment (Continued)
   
670,918   Taiwan Semiconductor Manufacturing Co., Ltd., ADR   $69,949,911
765,716   Texas Instruments, Inc.   140,493,572
168,998   United Microelectronics Corp., ADR   1,541,262
9,181   Universal Display Corp.   1,532,768
        791,869,673
    Software – 14.4%    
23,252   American Software, Inc., Class A   484,572
56,645   CDK Global, Inc.   2,757,479
29,192   Dolby Laboratories, Inc., Class A   2,283,398
11,529   Ebix, Inc.   382,186
32,315   InterDigital, Inc.   2,061,697
160,021   Micro Focus International PLC, ADR   848,111
480,571   Microsoft Corp.   148,164,845
367,961   NortonLifeLock, Inc.   9,758,326
192,719   Open Text Corp.   8,171,286
945,046   Oracle Corp.   78,183,655
25,716   Progress Software Corp.   1,210,966
39,969   SAP SE, ADR   4,434,960
27,476   Sapiens International Corp., N.V.   697,616
85,242   SS&C Technologies Holdings, Inc.   6,394,855
        265,833,952
    Technology Hardware,
Storage & Peripherals – 5.7%
   
1,436,953   Hewlett Packard Enterprise Co.   24,011,485
934,212   HP, Inc.   33,911,895
76,892   Logitech International S.A.   5,673,092
205,811   NetApp, Inc.   17,082,313
210,773   Seagate Technology Holdings PLC   18,948,493
290,760   Xerox Holdings Corp.   5,864,629
        105,491,907
    Wireless Telecommunication
Services – 2.4%
   
282,769   America Movil SAB de CV, ADR, Class L   5,980,564
1,324,111   Mobile TeleSystems PJSC, ADR (a) (b) (c)   471,973
39,656   PLDT, Inc., ADR   1,393,512
589,637   Rogers Communications, Inc., Class B   33,461,899
Shares   Description   Value
    Wireless Telecommunication
Services (Continued)
   
209,677   Telephone & Data Systems, Inc.   $3,958,702
        45,266,650
    Total Investments – 99.8%   1,845,440,166
    (Cost $1,574,415,132)    
    Net Other Assets and Liabilities – 0.2%   2,834,310
    Net Assets – 100.0%   $1,848,274,476
    
(a) This security is fair valued by the Advisor’s Pricing Committee in accordance with procedures adopted by the Trust’s Board of Trustees, and in accordance with the provisions of the Investment Company Act of 1940, as amended. At March 31, 2022, securities noted as such are valued at $471,973 or 0.0% of net assets.
(b) Pursuant to procedures adopted by the Trust’s Board of Trustees, this security has been determined to be illiquid by First Trust Advisors, L.P., the Fund’s Advisor.
(c) This security’s value was determined using significant unobservable inputs (see Note 2A – Portfolio Valuation in the Notes to Financial Statements).
    
ADR American Depositary Receipt

Valuation Inputs
A summary of the inputs used to value the Fund’s investments as of March 31, 2022 is as follows (see Note 2A - Portfolio Valuation in the Notes to Financial Statements):
  Total
Value at
3/31/2022
Level 1
Quoted
Prices
Level 2
Significant
Observable
Inputs
Level 3
Significant
Unobservable
Inputs
Common Stocks:        
Wireless Telecommunication Services $45,266,650 $44,794,677 $ $471,973
Other industry categories* 1,800,173,516 1,800,173,516
Total Investments $1,845,440,166 $1,844,968,193 $ $471,973
    
* See Portfolio of Investments for industry breakout.
Level 3 Common Stocks are fair valued by the Advisor’s Pricing Committee and are footnoted in the Portfolio of Investments. The Level 3 Common Stocks values are based on unobservable and non-quantitative inputs.
 
See Notes to Financial Statements
Page 37

Table of Contents
Multi-Asset Diversified Income Index Fund (MDIV)
Portfolio of Investments
March 31, 2022 (Unaudited)
Shares/
Units
  Description   Value
COMMON STOCKS – 20.2%
    Banks – 0.8%    
59,450  
CVB Financial Corp.

  $1,379,834
172,719  
Northwest Bancshares, Inc.

  2,333,434
        3,713,268
    Biotechnology – 0.7%    
11,260  
AbbVie, Inc.

  1,825,358
29,364  
Gilead Sciences, Inc.

  1,745,690
        3,571,048
    Chemicals – 0.5%    
34,104  
Dow, Inc.

  2,173,107
    Containers & Packaging – 0.4%    
39,824  
International Paper Co.

  1,837,878
    Diversified Consumer Services – 0.4%    
81,678  
H&R Block, Inc.

  2,126,895
    Diversified Telecommunication Services – 1.1%    
147,685  
AT&T, Inc.

  3,489,797
38,061  
Verizon Communications, Inc.

  1,938,827
        5,428,624
    Electric Utilities – 3.8%    
27,117  
ALLETE, Inc.

  1,816,297
15,912  
American Electric Power Co., Inc.

  1,587,540