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 ("REITs") that comprise The International Developed Capital Strength IndexSM (the "Index"). The Fund will generally employ a full replication strategy, meaning that it will normally invest in all of the securities comprising the Index in proportion to their weightings in the Index. However, under various circumstances, full replication of the Index may not be possible or practicable, and the Fund may purchase a sample of securities in the Index. The Fund will use the net total return version of the Index, which reinvests cash dividends on the ex-date and adjusts for an Index security's country of incorporation withholding rate. The Index is developed, maintained and sponsored by Nasdaq, Inc. (the "Index Provider"). The Index Provider may, from time to time, exercise reasonable discretion as it deems appropriate in order to ensure Index integrity, for example, in response to stock splits, spin-offs or other corporate actions.
According to the Index Provider, 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 their stockholders with a greater degree of stability and performance over time. The Index Provider classifies a country as "developed" based on quantitative criteria including: (1) having at least $20 thousand gross national income per capita for three consecutive years; (2) having at least a $30 billion market capitalization; (3) having at least a $10 billion annual turnover; (4) having at least a 45% float ratio; and (5) having at least ten securities that meet all the eligibility requirements for the Nasdaq Global Index. For countries that meet these quantitative criteria, the Index Provider also applies qualitative criteria, such as screening for markets that may have restrictions on foreign investment, currency convertibility or capital. The Fund may invest in securities of any market capitalization. According to the Index Provider, the Index's initial universe consists of the securities comprising the Nasdaq Developed ex-US Index, an index seeking to track the performance of small, mid and large capitalization international companies. The Index then excludes all securities with a three-month average daily trading volume of less than $5 million and multiple share classes of the same issuer. The Index then ranks the remaining securities by float-adjusted market capitalization and excludes all securities not ranked in the top 500. Float-adjusted market capitalization reflects what the Index Provider believes to be the outstanding shares minus non-publicly held shares multiplied by the market price. The universe is further narrowed by excluding those securities issued by companies with less than $500 million in cash and short-term investments, companies with a long-term debt to market capitalization ratio greater than 30%, companies with a return on equity that is 15% or less, companies that are currently in bankruptcy proceedings and companies that have entered into a definitive agreement or other arrangement which would likely result in the security no longer being Index eligible. The remaining securities are then given a volatility score based upon a combination of their short-term (three month) and long-term (one year) historical volatility. Volatility is a statistical measure of the magnitude of changes in the security's return without regard to the direction of those changes, and higher volatility generally indicates higher risk and is often reflected by frequent and sometimes significant movements up and down in value. The 50 securities with the lowest volatility score are chosen for inclusion in the Index.
A review is then enacted to determine if any industry (as determined by the Industry Classification Benchmark ("ICB")), or country has a weight greater than 30%. If an industry or country has a weight greater than 30%, the worst-ranking security by volatility will be removed and replaced with the next eligible security (e.g., the 51st ranked by volatility) from a different industry or country. This process is repeated until no industry or country has a weight greater than 30%. Once finalized, each security is equal-dollar weighted, meaning each security's Index market value is an equal-dollar value corresponding to an equal percent weight of the Index's aggregate market value. If the number of securities in the Index is less than 50, then the securities that had the highest return on equity that failed the criteria but passed the debt to market cap ratio and cash and short term investments constraints are selected from the top 500 by free float adjusted market capitalization to go back into the eligible universe until there are 60 eligible securities. Then, the above steps are repeated to select 50 securities with the lowest combined volatility scores that meet the industry and country constraints. The Fund may invest in U.S. dollar denominated and non-U.S. dollar denominated securities.
The Index is rebalanced and reconstituted semi-annually and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of December 31, 2022, the Index was composed of 50 securities. As of December 31, 2022, the Fund had significant investments in industrials companies, Japanese issuers, Asian issuers and European issuers, although this may change from time to time. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.
The Fund is classified as "non-diversified" under the Investment Company Act of 1940, as amended (the "1940 Act").
Filed pursuant to Rule 497(c)
Registration Nos. 333-182308 and 811-22717
First
Trust
Exchange-Traded
Fund VI |
FUND
NAME |
TICKER
SYMBOL |
EXCHANGE |
First
Trust Dorsey Wright Dynamic Focus 5 ETF |
FVC |
Nasdaq |
First
Trust Dorsey Wright Focus 5 ETF |
FV |
Nasdaq |
First
Trust Dorsey Wright International Focus 5 ETF |
IFV |
Nasdaq |
First
Trust Dorsey Wright Momentum & Dividend ETF |
DDIV |
Nasdaq |
First
Trust NASDAQ Technology Dividend Index Fund |
TDIV |
Nasdaq |
First
Trust RBA American Industrial Renaissance®
ETF |
AIRR |
Nasdaq |
First
Trust Rising Dividend Achievers ETF |
RDVY |
Nasdaq |
First
Trust S&P International Dividend Aristocrats ETF |
FID |
Nasdaq |
Multi-Asset
Diversified Income Index Fund |
MDIV |
Nasdaq |
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
Management
Fees(1) |
|
Distribution
and Service (12b-1) Fees |
|
Other
Expenses |
|
Acquired
Fund Fees and 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 |
- |
|
|
|
Dorsey Wright
Dynamic Focus FiveTM Index
(reflects no
deduction
for fees, expenses or taxes) |
- |
|
|
|
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 |
|
Acquired
Fund Fees and 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 |
- |
|
|
|
Dorsey Wright
Focus FiveTM Index
(reflects no deduction for fees,
expenses or
taxes) |
- |
|
|
|
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 |
|
Acquired
Fund Fees and 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 |
- |
- |
- |
|
Dorsey Wright
International Focus FiveTM Index
(reflects no
deduction
for fees, expenses or taxes) |
- |
- |
|
|
MSCI ACWI ex
USA 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 |
- |
|
|
|
Dorsey Wright
Momentum Plus Dividend YieldTM
Index(1)
(reflects no
deduction for fees, expenses or taxes) |
- |
|
|
|
Dow Jones
U.S. Select DividendTM
Index(2) (reflects no
deduction
for fees,
expenses or taxes) |
|
|
|
|
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 |
10
Years |
Since
Inception |
Inception
Date |
Return Before
Taxes |
- |
|
|
|
|
Return After
Taxes on Distributions |
- |
|
|
|
|
Return After
Taxes on Distributions and Sale of
Fund
Shares |
- |
|
|
|
|
Nasdaq
Technology Dividend IndexTM (reflects no
deduction
for fees, expenses or taxes) |
- |
|
|
|
|
S&P
500® Index
(reflects no deduction for fees,
expenses or
taxes) |
- |
|
|
|
|
S&P
500® Information
Technology 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 |
- |
|
|
|
Richard
Bernstein Advisors American Industrial Renaissance®
Index
(reflects no deduction for fees, expenses or taxes) |
- |
|
|
|
S&P
500® Index
(reflects no deduction for fees, expenses or
taxes) |
- |
|
|
|
S&P
500® Industrials
Index (reflects no deduction for fees,
expenses or
taxes) |
- |
|
|
|
Russell
2500® 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 |
- |
|
|
|
Nasdaq US
Rising Dividend AchieversTM Index
(reflects no
deduction
for fees, expenses or taxes) |
- |
|
|
|
Dow Jones
U.S. Select DividendTM
Index(1) (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 |
- |
- |
|
|
S&P
International Dividend Aristocrats Index(1) (reflects no
deduction
for fees, expenses or taxes) |
- |
|
|
|
Dow Jones
EPAC Select DividendTM
Index(2) (reflects no
deduction
for fees, expenses or taxes) |
- |
|
|
|
MSCI World ex
USA 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 |
|
Acquired
Fund Fees and Expenses |
|
Total Annual
Fund Operating Expenses |
|
Fee Waiver
and Expense Reimbursement(2) |
|
Total Annual
Fund Operating Expenses After Fee Waiver |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Since
Inception |
Inception
Date |
Return Before
Taxes |
- |
|
|
|
|
Return After
Taxes on Distributions |
- |
- |
|
|
|
Return After
Taxes on Distributions and Sale of
Fund
Shares |
- |
- |
|
|
|
Nasdaq US
Multi-Asset Diversified Income IndexSM
(reflects no
deduction for fees, expenses or
taxes) |
- |
|
|
|
|
S&P
500® Index
(reflects no deduction for fees,
expenses or
taxes) |
- |
|
|
|
|
Dow Jones
U.S. Select DividendTM
Index(1) (reflects
no deduction
for fees, expenses or taxes) |
|
|
|
|
|
Fund |
Management
Fee |
First
Trust Dorsey Wright Dynamic Focus 5 ETF |
0.30% |
First
Trust Dorsey Wright Focus 5 ETF |
0.30% |
First
Trust Dorsey Wright International Focus 5 ETF |
0.30% |
First
Trust Dorsey Wright Momentum & Dividend ETF |
0.60% |
First
Trust NASDAQ Technology Dividend Index Fund |
0.50% |
First
Trust RBA American Industrial Renaissance®
ETF |
0.70% |
First
Trust Rising Dividend Achievers ETF |
0.50% |
First
Trust S&P International Dividend Aristocrats ETF |
0.60% |
Multi-Asset
Diversified Income Index Fund |
0.60% |
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(3/17/2016) |
5
Years |
Inception
(3/17/2016) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
-4.18% |
7.11% |
8.76% |
40.98% |
73.15% |
Market
Price |
-4.01% |
7.13% |
8.78% |
41.13% |
73.41% |
Index
Performance |
|
|
|
|
|
Dorsey
Wright Dynamic Focus FiveTM
Index |
-3.74% |
7.44% |
9.11% |
43.15% |
76.82% |
S&P
500®
Index |
-15.47% |
9.24% |
11.03% |
55.55% |
98.24% |
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(3/5/2014) |
5
Years |
Inception
(3/5/2014) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
-9.32% |
9.95% |
9.23% |
60.71% |
113.19% |
Market
Price |
-9.32% |
9.94% |
9.22% |
60.59% |
113.03% |
Index
Performance |
|
|
|
|
|
Dorsey
Wright Focus FiveTM
Index |
-8.95% |
10.27% |
9.61% |
63.01% |
119.57% |
S&P
500®
Index |
-15.47% |
9.24% |
9.94% |
55.55% |
125.34% |
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(7/22/2014) |
5
Years |
Inception
(7/22/2014) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
-26.89% |
-3.39% |
-0.93% |
-15.85% |
-7.38% |
Market
Price |
-26.81% |
-3.38% |
-0.92% |
-15.79% |
-7.31% |
Index
Performance |
|
|
|
|
|
Dorsey
Wright International Focus FiveTM
Index |
-26.69% |
-2.91% |
-0.52% |
-13.72% |
-4.16% |
MSCI ACWI
ex USA Index |
-25.17% |
-0.81% |
0.49% |
-4.00% |
4.10% |
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(3/10/2014) |
5
Years |
Inception
(3/10/2014) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
-11.08% |
4.76% |
6.34% |
26.17% |
69.30% |
Market
Price |
-11.02% |
4.73% |
6.35% |
26.02% |
69.38% |
Index
Performance |
|
|
|
|
|
Dorsey
Wright Momentum Plus Dividend YieldTM
Index(1) |
-10.57% |
N/A |
N/A |
N/A |
N/A |
Dow Jones
U.S. Select DividendTM
Index(2) |
-3.10% |
6.89% |
8.91% |
39.56% |
107.69% |
S&P
500®
Index |
-15.47% |
9.24% |
9.93% |
55.55% |
124.86% |
|
|
Average
Annual |
Cumulative | ||||
|
1
Year |
5
Years |
10
Years |
Inception
(8/13/2012) |
5
Years |
10
Years |
Inception
(8/13/2012) |
Fund
Performance |
|
|
|
|
|
|
|
Net Asset
Value |
-20.93% |
8.61% |
10.97% |
10.74% |
51.16% |
183.23% |
181.19% |
Market
Price |
-20.90% |
8.63% |
10.97% |
10.74% |
51.23% |
183.12% |
181.22% |
Index
Performance |
|
|
|
|
|
|
|
Nasdaq
Technology Dividend IndexTM |
-20.54% |
9.30% |
11.68% |
11.45% |
55.98% |
201.83% |
199.88% |
S&P
500®
Index |
-15.47% |
9.24% |
11.70% |
11.86% |
55.55% |
202.44% |
211.22% |
S&P
500®
Information Technology Index |
-20.00% |
16.74% |
17.09% |
17.13% |
116.78% |
384.27% |
396.21% |
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(3/10/2014) |
5
Years |
Inception
(3/10/2014) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
-6.41% |
8.16% |
8.12% |
48.01% |
95.10% |
Market
Price |
-6.38% |
8.18% |
8.14% |
48.15% |
95.36% |
Index
Performance |
|
|
|
|
|
Richard
Bernstein Advisors American Industrial
Renaissance®
Index |
-5.74% |
8.93% |
8.94% |
53.34% |
108.12% |
S&P
500®
Index |
-15.47% |
9.24% |
9.93% |
55.55% |
124.86% |
S&P
500®
Industrials Index |
-13.87% |
4.87% |
7.32% |
26.87% |
83.13% |
Russell
2500®
Index |
-21.11% |
5.45% |
6.46% |
30.40% |
70.93% |
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(1/6/2014) |
5
Years |
Inception
(1/6/2014) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
-16.76% |
8.61% |
9.86% |
51.12% |
127.27% |
Market
Price |
-16.72% |
8.59% |
9.86% |
51.00% |
127.32% |
Index
Performance |
|
|
|
|
|
Nasdaq US
Rising Dividend AchieversTM
Index |
-16.41% |
9.18% |
10.44% |
55.16% |
137.99% |
Dow Jones
U.S. Select DividendTM
Index(1) |
-3.10% |
6.89% |
9.07% |
39.56% |
113.38% |
|
|
Average
Annual |
Cumulative | ||
|
1
Year |
5
Years |
Inception
(8/22/2013) |
5
Years |
Inception
(8/22/2013) |
Fund
Performance |
|
|
|
|
|
Net Asset
Value |
-18.39% |
-1.73% |
0.53% |
-8.34% |
4.93% |
Market
Price |
-18.15% |
-1.80% |
0.54% |
-8.69% |
4.99% |
Index
Performance |
|
|
|
|
|
S&P
International Dividend Aristocrats Index(1) |
-17.19% |
N/A |
N/A |
N/A |
N/A |
Dow Jones
EPAC Select DividendTM
Index(2) |
-20.66% |
-1.91% |
0.95% |
-9.21% |
8.95% |
MSCI World
ex USA Index |
-23.91% |
-0.39% |
2.33% |
-1.96% |
23.34% |
|
|
Average
Annual |
Cumulative | ||||
|
1
Year |
5
Years |
10
Years |
Inception
(8/13/2012) |
5
Years |
10
Years |
Inception
(8/13/2012) |
Fund
Performance |
|
|
|
|
|
|
|
Net Asset
Value |
-6.25% |
0.30% |
2.71% |
2.79% |
1.52% |
30.59% |
32.14% |
Market
Price |
-6.25% |
0.35% |
2.71% |
2.80% |
1.75% |
30.62% |
32.23% |
Index
Performance |
|
|
|
|
|
|
|
Nasdaq US
Multi-Asset Diversified Income
IndexSM |
-5.80% |
0.84% |
3.34% |
3.43% |
4.29% |
38.87% |
40.71% |
S&P
500®
Index |
-15.47% |
9.24% |
11.70% |
11.86% |
55.55% |
202.44% |
211.22% |
Dow Jones
U.S. Select DividendTM
Index(1) |
-3.10% |
6.89% |
10.53% |
10.53% |
39.56% |
172.03% |
175.69% |
|
Year
Ended September 30, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$35.14 |
$26.17 |
$26.45 |
$28.80 |
$24.36 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.31 |
0.01 |
0.13 |
0.22 |
0.08 |
Net
realized and unrealized gain (loss) |
(1.77) |
8.97 |
(0.25) |
(2.37) |
4.51 |
Total
from investment operations |
(1.46) |
8.98 |
(0.12) |
(2.15) |
4.59 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.28) |
(0.01) |
(0.16) |
(0.20) |
(0.15) |
Net
asset value, end of period |
$33.40 |
$35.14 |
$26.17 |
$26.45 |
$28.80 |
Total
Return (a) |
(4.18)% |
34.32% |
(0.46)% |
(7.46)% |
18.91% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$230,480 |
$212,609 |
$223,754 |
$468,253 |
$620,537 |
Ratio of
total expenses to average net assets (b)
|
0.30% |
0.30% |
0.30% |
0.30% |
0.30% |
Ratio of
net investment income (loss) to average net assets |
0.91% |
0.02% |
0.54% |
0.79% |
0.32% |
Portfolio
turnover rate (c) |
164% |
20% |
225% |
90% |
42% |
|
Year
Ended September 30, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$45.78 |
$34.10 |
$29.63 |
$30.93 |
$26.17 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.46 |
0.02 |
0.09 |
0.11 |
0.09 |
Net
realized and unrealized gain (loss) |
(4.71) |
11.68 |
4.49 |
(1.31) |
4.83 |
Total
from investment operations |
(4.25) |
11.70 |
4.58 |
(1.20) |
4.92 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.44) |
(0.02) |
(0.11) |
(0.10) |
(0.16) |
Net
asset value, end of period |
$41.09 |
$45.78 |
$34.10 |
$29.63 |
$30.93 |
Total
Return (a) |
(9.32)% |
34.31% |
15.50% |
(3.92)% |
18.91% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$2,592,805 |
$2,694,187 |
$2,047,492 |
$2,348,262 |
$2,858,225 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets (b) |
0.30% |
0.30% |
0.30% |
0.30% |
0.30% |
Ratio of
net investment income (loss) to average net
assets |
1.01% |
0.04% |
0.30% |
0.34% |
0.30% |
Portfolio
turnover rate (c) |
81% |
20% |
72% |
65% |
44% |
|
Year
Ended September 30, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$22.74 |
$18.83 |
$19.07 |
$20.33 |
$21.35 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.64 |
0.20 |
0.56 |
0.37 |
0.33 |
Net
realized and unrealized gain (loss) |
(6.66) |
3.93 |
(0.23) |
(1.26) |
(0.93) |
Total
from investment operations |
(6.02) |
4.13 |
0.33 |
(0.89) |
(0.60) |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.63) |
(0.22) |
(0.57) |
(0.35) |
(0.42) |
Return of
capital |
— |
— |
— |
(0.02) |
— |
Total
distributions |
(0.63) |
(0.22) |
(0.57) |
(0.37) |
(0.42) |
Net
asset value, end of period |
$16.09 |
$22.74 |
$18.83 |
$19.07 |
$20.33 |
Total
Return (a) |
(26.89)% |
21.91% |
1.75% |
(4.42)% |
(2.91)% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$139,212 |
$264,970 |
$218,452 |
$453,757 |
$774,665 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets (b) |
0.30% |
0.30% |
0.30% |
0.30% |
0.30% |
Ratio of
net investment income (loss) to average net assets |
2.92% |
0.87% |
3.19% |
1.89% |
1.57% |
Portfolio
turnover rate (c) |
104% |
66% |
29% |
42% |
0% |
|
Year
Ended September 30, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$31.09 |
$21.06 |
$26.07 |
$25.15 |
$24.54 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.88 |
0.73 |
0.68 |
0.78 |
0.65 |
Net
realized and unrealized gain (loss) |
(4.22) |
10.01 |
(4.95) |
0.86 |
0.59 |
Total
from investment operations |
(3.34) |
10.74 |
(4.27) |
1.64 |
1.24 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.91) |
(0.71) |
(0.74) |
(0.72) |
(0.63) |
Net
asset value, end of period |
$26.84 |
$31.09 |
$21.06 |
$26.07 |
$25.15 |
Total
Return (a) |
(11.08)% |
51.29% |
(16.49)% |
6.87% |
5.10% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$67,100 |
$38,863 |
$29,484 |
$44,313 |
$37,727 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets |
0.60% |
0.60% |
0.60% |
0.60% |
0.69%(b) |
Ratio of
net investment income (loss) to average net assets |
3.00% |
2.54% |
2.81% |
3.50% |
2.79% |
Portfolio
turnover rate (c) |
172% |
186% |
193% |
160% |
297%(d) |
|
Year
Ended September 30, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$56.42 |
$43.84 |
$40.09 |
$38.38 |
$32.39 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
1.24 |
1.10 |
0.93 |
0.97 |
0.96 |
Net
realized and unrealized gain (loss) |
(12.83) |
12.55 |
3.77 |
1.71 |
5.90 |
Total
from investment operations |
(11.59) |
13.65 |
4.70 |
2.68 |
6.86 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(1.22) |
(1.07) |
(0.95) |
(0.97) |
(0.87) |
Net
asset value, end of period |
$43.61 |
$56.42 |
$43.84 |
$40.09 |
$38.38 |
Total
Return(a) |
(20.93)% |
31.29% |
11.91% |
7.21% |
21.37% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$1,430,611 |
$1,613,767 |
$1,245,277 |
$1,010,557 |
$948,172 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets |
0.50% |
0.50% |
0.50% |
0.50% |
0.50% |
Ratio of
net investment income (loss) to average net assets |
2.26% |
2.08% |
2.28% |
2.59% |
2.70% |
Portfolio
turnover rate (b) |
36% |
38% |
49% |
37% |
27% |
|
Year
Ended September 30, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$40.84 |
$25.68 |
$26.76 |
$27.93 |
$26.04 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.04 |
0.03 |
(0.03) |
0.10(a) |
0.09 |
Net
realized and unrealized gain (loss) |
(2.66) |
15.16 |
(0.98) |
(1.21) |
1.88 |
Total
from investment operations |
(2.62) |
15.19 |
(1.01) |
(1.11) |
1.97 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.02) |
(0.03) |
(0.07) |
(0.06) |
(0.08) |
Net
asset value, end of period |
$38.20 |
$40.84 |
$25.68 |
$26.76 |
$27.93 |
Total
Return(b) |
(6.41)% |
59.15% |
(3.81)% |
(3.95)% |
7.56% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$169,984 |
$220,549 |
$47,513 |
$66,900 |
$195,500 |
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 |
0.10% |
0.07% |
(0.18)% |
0.40% |
0.32% |
Portfolio
turnover rate (c) |
37% |
35% |
45% |
58% |
35% |
|
Year
Ended September 30, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$47.47 |
$32.67 |
$31.82 |
$31.54 |
$27.84 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.82 |
0.59 |
0.58 |
0.54 |
0.41 |
Net
realized and unrealized gain (loss) |
(8.70) |
14.79 |
0.86 |
0.27 |
3.68 |
Total
from investment operations |
(7.88) |
15.38 |
1.44 |
0.81 |
4.09 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.76) |
(0.58) |
(0.59) |
(0.53) |
(0.39) |
Net
asset value, end of period |
$38.83 |
$47.47 |
$32.67 |
$31.82 |
$31.54 |
Total
Return (a) |
(16.76)% |
47.21% |
4.61% |
2.72% |
14.78% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$7,290,775 |
$5,739,655 |
$1,292,097 |
$832,156 |
$690,709 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets |
0.50% |
0.50% |
0.50% |
0.50% |
0.50% |
Ratio of
net investment income (loss) to average net assets |
1.85% |
1.43% |
1.89% |
1.85% |
1.50% |
Portfolio
turnover rate (b) |
59% |
45% |
62% |
63% |
40% |
|
Year
Ended September 30, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$17.56 |
$14.15 |
$17.11 |
$17.19 |
$18.52 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.71 |
0.62 |
0.64 |
0.63 |
0.85 |
Net
realized and unrealized gain (loss) |
(3.85) |
3.43 |
(2.93) |
(0.08) |
(1.26) |
Total
from investment operations |
(3.14) |
4.05 |
(2.29) |
0.55 |
(0.41) |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.70) |
(0.64) |
(0.67) |
(0.63) |
(0.92) |
Net
asset value, end of period |
$13.72 |
$17.56 |
$14.15 |
$17.11 |
$17.19 |
Total
Return (a) |
(18.39)% |
28.79% |
(13.62)% |
3.38% |
(2.35)% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$43,912 |
$42,139 |
$18,390 |
$19,678 |
$13,753 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets |
0.60% |
0.60% |
0.60% |
0.60% |
0.69%(b) |
Ratio of
net investment income (loss) to average net assets |
4.39% |
4.10% |
4.03% |
4.01% |
4.70% |
Portfolio
turnover rate (c) |
47% |
57% |
81% |
44% |
196%(d) |
|
Year
Ended September 30, | ||||
|
2022 |
2021 |
2020 |
2019 |
2018 |
Net
asset value, beginning of period |
$16.35 |
$13.52 |
$18.43 |
$18.54 |
$19.22 |
Income
from investment operations: |
|
|
|
|
|
Net
investment income (loss) |
0.72 |
0.49 |
0.57 |
0.83 |
0.87 |
Net
realized and unrealized gain (loss) |
(1.67) |
3.18 |
(4.52) |
0.18 |
(0.36) |
Total
from investment operations |
(0.95) |
3.67 |
(3.95) |
1.01 |
0.51 |
Distributions
paid to shareholders from: |
|
|
|
|
|
Net
investment income |
(0.97) |
(0.64) |
(0.79) |
(0.77) |
(0.76) |
Return of
capital |
(0.02) |
(0.20) |
(0.17) |
(0.35) |
(0.43) |
Total
distributions |
(0.99) |
(0.84) |
(0.96) |
(1.12) |
(1.19) |
Net
asset value, end of period |
$14.41 |
$16.35 |
$13.52 |
$18.43 |
$18.54 |
Total
Return (a) |
(6.25)% |
27.50% |
(21.89)% |
5.74% |
2.82% |
Ratios/supplemental
data: |
|
|
|
|
|
Net
assets, end of period (in 000’s) |
$446,101 |
$470,203 |
$440,726 |
$715,985 |
$683,960 |
Ratios
to average net assets: |
|
|
|
|
|
Ratio of
total expenses to average net assets (b)
|
0.60% |
0.60% |
0.60% |
0.60% |
0.60% |
Ratio of
net expenses to average net assets (b) |
0.48% |
0.48% |
0.47% |
0.48% |
0.48% |
Ratio of
net investment income (loss) to average net assets |
4.40% |
3.03% |
3.86% |
4.58% |
4.62% |
Portfolio
turnover rate (c) |
85% |
100% |
106% |
73% |
84% |
First
Trust
Exchange-Traded
Fund VI |