First
Trust
Exchange-Traded
Fund III |
FUND
NAME |
TICKER
SYMBOL |
EXCHANGE |
First
Trust Horizon Managed Volatility Domestic ETF |
HUSV |
NYSE
Arca |
First
Trust Horizon Managed Volatility Developed International
ETF |
HDMV |
NYSE
Arca |
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
Management
Fees(1) |
|
Distribution
and Service (12b-1) Fees |
|
Other
Expenses |
|
Total Annual
Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
Since
Inception |
Inception
Date |
Return Before
Taxes |
|
|
|
|
Return After
Taxes on Distributions |
|
|
|
|
Return After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
|
S&P
500® Index
(reflects no deduction for fees, expenses or
taxes) |
|
|
|
|
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
Management
Fees(1) |
|
Distribution
and Service (12b-1) Fees |
|
Other
Expenses |
|
Total Annual
Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
Since
Inception |
Inception
Date |
Return Before
Taxes |
|
|
|
|
Return After
Taxes on Distributions |
|
|
|
|
Return After
Taxes on Distributions and Sale of Fund Shares |
|
|
|
|
MSCI EAFE
Index (reflects no deduction for fees, expenses or
taxes) |
|
|
|
|
Fund |
Management
Fee |
First
Trust Horizon Managed Volatility Domestic ETF |
0.70% |
First
Trust Horizon Managed Volatility Developed International
ETF |
0.80% |
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(8/24/2016) |
5
Years |
Inception
(8/24/2016) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
1.82% |
10.11% |
10.46% |
61.88% |
80.51% |
Market
Price |
1.82% |
10.09% |
10.46% |
61.73% |
80.51% |
Index
Performance |
|
|
|
|
|
S&P
500®
Index |
-4.64% |
12.83% |
13.46% |
82.85% |
111.56% |
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(8/24/2016) |
5
Years |
Inception
(8/24/2016) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
-8.50% |
0.01% |
2.04% |
0.03% |
12.71% |
Market
Price |
-8.67% |
-0.08% |
2.02% |
-0.39% |
12.60% |
Index
Performance |
|
|
|
|
|
MSCI EAFE
Index |
-14.32% |
2.61% |
4.80% |
13.78% |
32.10% |
|
Year
Ended July 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$33.08 |
$27.19 |
$26.71 |
$23.49 |
$22.03 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.51 |
0.46 |
0.37 |
0.37 |
0.30 |
Net
realized and unrealized gain (loss) |
0.10 |
5.87 |
0.52 |
3.17 |
1.46 |
Total
from investment operations |
0.61 |
6.33 |
0.89 |
3.54 |
1.76 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.47) |
(0.44) |
(0.41) |
(0.32) |
(0.30) |
Net
asset value, end of period |
$33.22 |
$33.08 |
$27.19 |
$26.71 |
$23.49 |
Total
Return (a) |
1.82% |
23.48% |
3.41% |
15.24% |
8.04% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$99,665 |
$120,758 |
$214,822 |
$224,389 |
$133,888 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets |
0.70% |
0.70% |
0.70% |
0.70% |
0.70% |
Ratio of
net investment income (loss) to average net assets |
1.46% |
1.42% |
1.39% |
1.58% |
1.37% |
Portfolio
turnover rate (b) |
76% |
152% |
211% |
147% |
157% |
|
Year
Ended July 31, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$32.21 |
$28.12 |
$32.92 |
$33.72 |
$33.05 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.90 |
0.89 |
0.65 |
0.86 |
0.91 |
Net
realized and unrealized gain (loss) |
(3.62) |
4.13 |
(4.61) |
(0.79) |
0.87 |
Total
from investment operations |
(2.72) |
5.02 |
(3.96) |
0.07 |
1.78 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.89) |
(0.93) |
(0.84) |
(0.87) |
(1.11) |
Net
asset value, end of period |
$28.60 |
$32.21 |
$28.12 |
$32.92 |
$33.72 |
Total
Return (a) |
(8.50)% |
18.01%(b) |
(12.37)% |
0.21% |
5.48% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$45,757 |
$86,962 |
$123,714 |
$128,394 |
$59,010 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets |
0.80% |
0.80% |
0.80% |
0.80% |
0.80% |
Ratio of
net investment income (loss) to average net assets |
2.53% |
2.68% |
2.08% |
2.74% |
2.73% |
Portfolio
turnover rate (c) |
65% |
127% |
196% |
99% |
133% |
First
Trust
Exchange-Traded
Fund III |