First Trust Alternative Absolute Return Strategy ETF (FAAR)

First Trust Global Tactical Commodity Strategy Fund (FTGC)

First Trust Hedged BuyWrite Income ETF (FTLB)

First Trust Managed Futures Strategy Fund (FMF)

First Trust North American Energy Infrastructure Fund (EMLP)

EquityCompass Tactical Risk Manager ETF (TERM)

First Trust RiverFront Dynamic Asia Pacific ETF (RFAP)

First Trust RiverFront Dynamic Developed International ETF (RFDI)

First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)

First Trust RiverFront Dynamic Europe ETF (RFEU)

First Trust Preferred Securities and Income ETF (FPE)

First Trust Institutional Preferred Securities and Income ETF (FPEI)

First Trust SSI Strategic Convertible Securities ETF (FCVT)

First Trust CEF Income Opportunity ETF (FCEF)

First Trust Horizon Managed Volatility Domestic ETF (HUSV)

First Trust Horizon Managed Volatility Developed International ETF (HDMV)

First Trust Heitman Global Prime Real Estate ETF (PRME)

First Trust Emerging Markets Local Currency Bond ETF (FEMB)

First Trust Enhanced Short Maturity ETF (FTSM)

First Trust Long Duration Opportunities ETF (LGOV)

First Trust Low Duration Opportunities ETF (LMBS)

First Trust Low Duration Strategic Focus ETF (LDSF)

First Trust TCW Opportunistic Fixed Income ETF (FIXD)

First Trust TCW Unconstrained Plus Bond ETF (UCON)

First Trust California Municipal High Income ETF (FCAL)

First Trust Municipal CEF Income Opportunity ETF (MCEF)

First Trust Short Duration Managed Municipal ETF (FSMB)

First Trust Ultra Short Duration Managed Municipal ETF (FUMB)

First Trust Alternative Absolute Return Strategy ETF (FAAR)

First Trust Global Tactical Commodity Strategy Fund (FTGC)

First Trust Hedged BuyWrite Income ETF (FTLB)

First Trust Managed Futures Strategy Fund (FMF)

First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC)

First Trust Dorsey Wright International Focus 5 ETF (IFV)

First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)

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

First Trust Dorsey Wright Momentum & Value ETF (DVLU)

First Trust Dorsey Wright Peoples Portfolio ETF (DWPP)

First Trust RiverFront Dynamic Asia Pacific ETF (RFAP)

First Trust RiverFront Dynamic Developed International ETF (RFDI)

First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)

First Trust RiverFront Dynamic Europe ETF (RFEU)

First Trust Dorsey Wright Peoples Portfolio ETF (DWPP)

First Trust Dow Jones Global Select Dividend Index Fund (FGD)

First Trust Morningstar Dividend Leaders Index Fund (FDL)

First Trust NASDAQ Technology Dividend Index Fund (TDIV)

First Trust North American Energy Infrastructure Fund (EMLP)

First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)

First Trust Rising Dividend Achievers ETF (RDVY)

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

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)

First Trust STOXX® European Select Dividend Index Fund (FDD)

First Trust Value Line® Dividend Index Fund (FVD)

First Trust CEF Income Opportunity ETF (FCEF)

First Trust Hedged BuyWrite Income ETF (FTLB)

First Trust Institutional Preferred Securities and Income ETF (FPEI)

First Trust Preferred Securities and Income ETF (FPE)

First Trust SSI Strategic Convertible Securities ETF (FCVT)

Multi-Asset Diversified Income Index Fund (MDIV)

First Trust Emerging Markets Local Currency Bond ETF (FEMB)

First Trust Enhanced Short Maturity ETF (FTSM)

First Trust Long Duration Opportunities ETF (LGOV)

First Trust Low Duration Opportunities ETF (LMBS)

First Trust Low Duration Strategic Focus ETF (LDSF)

First Trust TCW Opportunistic Fixed Income ETF (FIXD)

First Trust TCW Unconstrained Plus Bond ETF (UCON)

First Trust California Municipal High Income ETF (FCAL)

First Trust Municipal CEF Income Opportunity ETF (MCEF)

First Trust Short Duration Managed Municipal ETF (FSMB)

First Trust Ultra Short Duration Managed Municipal ETF (FUMB)

First Trust Consumer Discretionary AlphaDEX® Fund (FXD)

First Trust NASDAQ Global Auto Index Fund (CARZ)

First Trust Consumer Staples AlphaDEX® Fund (FXG)

First Trust Nasdaq Food & Beverage ETF (FTXG)

First Trust Indxx Global Natural Resources Income ETF (FTRI)

First Trust NASDAQ® ABA Community Bank Index Fund (QABA)

First Trust Nasdaq Pharmaceuticals ETF (FTXH)

First Trust NYSE Arca Biotechnology Index Fund (FBT)

First Trust Industrials/Producer Durables AlphaDEX® Fund (FXR)

First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund (GRID)

First Trust RBA American Industrial Renaissance™ ETF (AIRR)

First Trust Indxx Global Agriculture ETF (FTAG)

First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund (FFR)

First Trust Heitman Global Prime Real Estate ETF (PRME)

First Trust Dow Jones International Internet ETF (FDNI)

First Trust Dow Jones Internet Index Fund (FDN)

First Trust Indxx Innovative Transaction & Process ETF (LEGR)

First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)

First Trust NASDAQ Technology Dividend Index Fund (TDIV)

First Trust NASDAQ-100-Technology Sector Index Fund (QTEC)

First Trust Horizon Managed Volatility Domestic ETF (HUSV)

First Trust Large Cap Core AlphaDEX® Fund (FEX)

First Trust Large Cap Growth AlphaDEX® Fund (FTC)

First Trust Large Cap Value AlphaDEX® Fund (FTA)

First Trust Morningstar Dividend Leaders Index Fund (FDL)

First Trust Value Line® Dividend Index Fund (FVD)

First Trust Mid Cap Core AlphaDEX® Fund (FNX)

First Trust Mid Cap Growth AlphaDEX® Fund (FNY)

First Trust Mid Cap Value AlphaDEX® Fund (FNK)

First Trust Developed Markets ex-US Small Cap AlphaDEX® Fund (FDTS)

First Trust Emerging Markets Small Cap AlphaDEX® Fund (FEMS)

First Trust Small Cap Core AlphaDEX® Fund (FYX)

First Trust Small Cap Growth AlphaDEX® Fund (FYC)

First Trust Small Cap Value AlphaDEX® Fund (FYT)

First Trust Dow Jones Select MicroCap Index Fund (FDM)

First Trust Multi Cap Growth AlphaDEX® Fund (FAD)

First Trust Multi Cap Value AlphaDEX® Fund (FAB)

First Trust Total US Market AlphaDEX® ETF (TUSA)

First Trust Value Line® 100 Exchange-Traded Fund (FVL)

Developed International Equity Select ETF (RNDM)

First Trust Developed Markets ex-US AlphaDEX® Fund (FDT)

First Trust Dorsey Wright International Focus 5 ETF (IFV)

First Trust Dow Jones Global Select Dividend Index Fund (FGD)

First Trust Emerging Markets AlphaDEX® Fund (FEM)

First Trust International Equity Opportunities ETF (FPXI)

First Trust Asia Pacific ex-Japan AlphaDEX® Fund (FPA)

First Trust IPOX® Europe Equity Opportunities ETF (FPXE)

First Trust Latin America AlphaDEX® Fund (FLN)

First Trust STOXX® European Select Dividend Index Fund (FDD)

First Trust India NIFTY 50 Equal Weight ETF (NFTY)

First Trust United Kingdom AlphaDEX® Fund (FKU)

First Trust Dow Jones International Internet ETF (FDNI)

First Trust FTSE EPRA/NAREIT Developed Markets Real Estate Index Fund (FFR)

First Trust Global Engineering and Construction ETF (FLM)

First Trust Indxx Global Agriculture ETF (FTAG)

First Trust Indxx Global Natural Resources Income ETF (FTRI)

First Trust NASDAQ Global Auto Index Fund (CARZ)

First Trust Dow Jones Global Select Dividend Index Fund (FGD)

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

First Trust STOXX® European Select Dividend Index Fund (FDD)

First Trust Developed Markets ex-US Small Cap AlphaDEX® Fund (FDTS)

First Trust Emerging Markets Small Cap AlphaDEX® Fund (FEMS)

First Trust Horizon Managed Volatility Developed International ETF (HDMV)

First Trust RiverFront Dynamic Asia Pacific ETF (RFAP)

First Trust RiverFront Dynamic Developed International ETF (RFDI)

First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)

First Trust RiverFront Dynamic Europe ETF (RFEU)

First Trust NASDAQ® Clean Edge® Green Energy Index Fund (QCLN)

First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund (GRID)

EquityCompass Tactical Risk Manager ETF (TERM)

First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC)

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

First Trust Dorsey Wright Momentum & Value ETF (DVLU)

First Trust Dorsey Wright Peoples Portfolio ETF (DWPP)

First Trust International Equity Opportunities ETF (FPXI)

First Trust IPOX® Europe Equity Opportunities ETF (FPXE)

First Trust Lunt U.S. Factor Rotation ETF (FCTR)

First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT)

First Trust US Equity Opportunities ETF (FPX)

First Trust Value Line® 100 Exchange-Traded Fund (FVL)

First Trust Developed Markets ex-US AlphaDEX® Fund (FDT)

First Trust Emerging Markets AlphaDEX® Fund (FEM)

First Trust Asia Pacific ex-Japan AlphaDEX® Fund (FPA)

First Trust Latin America AlphaDEX® Fund (FLN)

First Trust United Kingdom AlphaDEX® Fund (FKU)

First Trust Developed Markets ex-US Small Cap AlphaDEX® Fund (FDTS)

First Trust Emerging Markets Small Cap AlphaDEX® Fund (FEMS)

First Trust Consumer Discretionary AlphaDEX® Fund (FXD)

First Trust Consumer Staples AlphaDEX® Fund (FXG)

First Trust Industrials/Producer Durables AlphaDEX® Fund (FXR)

First Trust Large Cap Core AlphaDEX® Fund (FEX)

First Trust Large Cap Growth AlphaDEX® Fund (FTC)

First Trust Large Cap Value AlphaDEX® Fund (FTA)

First Trust Mid Cap Core AlphaDEX® Fund (FNX)

First Trust Mid Cap Growth AlphaDEX® Fund (FNY)

First Trust Mid Cap Value AlphaDEX® Fund (FNK)

First Trust Developed Markets ex-US Small Cap AlphaDEX® Fund (FDTS)

First Trust Emerging Markets Small Cap AlphaDEX® Fund (FEMS)

First Trust Small Cap Core AlphaDEX® Fund (FYX)

First Trust Small Cap Growth AlphaDEX® Fund (FYC)

First Trust Small Cap Value AlphaDEX® Fund (FYT)

First Trust Multi Cap Growth AlphaDEX® Fund (FAD)

First Trust Multi Cap Value AlphaDEX® Fund (FAB)

First Trust Total US Market AlphaDEX® ETF (TUSA)

First Trust ETFs Rated 4 or 5 Stars by Morningstar

Quantitative Stock Selection White Paper (PDF)

First Trust/Dow Jones Dividend & Income Allocation Portfolio

First Trust Multi Income Allocation Portfolio

First Trust Dorsey Wright Tactical Core Portfolio

–First Trust Senior Floating Rate 2022 Target Term Fund (FIV)

–First Trust Dynamic Europe Equity Income Fund (FDEU)

–First Trust New Opportunities MLP & Energy Fund (FPL)

–First Trust Intermediate Duration Preferred & Income Fund (FPF)

–First Trust MLP and Energy Income Fund (FEI)

–First Trust Energy Infrastructure Fund (FIF)

–First Trust High Income Long/Short Fund (FSD)

–First Trust Specialty Finance and Financial Opportunities Fund (FGB)

–First Trust/Aberdeen Emerging Opportunity Fund (FEO)

–First Trust/Aberdeen Global Income Fund (FAM)

–First Trust Enhanced Equity Income Fund (FFA)

–First Trust Energy Income and Growth Fund (FEN)

–First Trust Senior Floating Rate Income Fund II (FCT)

–Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (MFD)

–First Trust Preferred Securities and Income Fund

–First Trust Short Duration High Income Fund

–First Trust/Confluence Small Cap Value Fund

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First Trust Dow Jones Internet Index Fund (FDN)

The First Trust Dow Jones Internet Index Fund is an exchange-traded index fund. The Fund seeks investment results that correspond generally to the price and yield , before the Funds fees and expenses, of an equity index called the Dow Jones Internet Composite Index

There can be no assurance that the Funds investment objectives will be achieved.

, is a float-adjusted market capitalization weighted index designed to represent the largest and most actively traded stocks of U.S. companies in the Internet industry.

To be eligible for the Dow Jones Internet Composite Index

, a stock must be listed on the NYSE, NYSE MKT or Nasdaq stock exchange and meet the following criteria:

Generate a majority of sales/revenues from the Internet.

Minimum three-month average float-adjusted market capitalization of $100 million.

Eligible stocks are ranked first by three-month average float-adjusted market capitalization and then by three-month average share volume. A final rank is calculated based on an equally weighted average of the market cap and volume rankings.

Companies are sorted by final rank and 40 companies are selected, consisting of 15 classified as Internet Commerce and 25 classified as Internet Services.

The index is weighted by float-adjusted market capitalization.

The weight of any individual security is restricted to 10% and the aggregate weight of individual securities with weights of 4.5% or more is restricted to 45%.

Expenses are capped contractually at 0.60% per year, at least until April 30, 2020.

Among 190 funds in the Technology category. This fund was rated 3 stars/190 funds (3 years), 4 stars/176 funds (5 years), 5 stars/153 funds (10 years) based on risk adjusted returns.Bid/Ask Midpoint vs. NAV (as of 6/30/2019)Number of Days Bid/Ask Midpoint Above NAVQuarter Ended0-49

The price used to calculate market return is determined by using the midpoint between the highest bid and the lowest offer on the stock exchange, on which shares of the Fund are listed for trading, as of the time that the Funds NAV is calculated.

S&P Composite 1500 Information Technology Index

S&P Composite 1500 Information Technology Index

is an indication of how much an investment outperforms or underperforms on a risk-adjusted basis relative to its benchmark.

is a measure of price variability relative to the market.

is a measure of excess reward per unit of volatility.

is a measure of the similarity of performance.

*Performance data quoted represents past performance. Past performance is not a guarantee of future results and current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and shares when sold or redeemed, may be worth more or less than their original cost.

After Tax Held returns represent return after taxes on distributions. Assumes shares have not been sold. After Tax Sold returns represent the return after taxes on distributions and the sale of fund shares. Returns do not represent the returns you would receive if you traded shares at other times. Market Price returns are based on the midpoint of the bid/ask spread on the stock exchange on which shares of the fund are listed for trading as of the time that the funds NAV is calculated. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. The funds performance reflects fee waivers and expense reimbursements, absent which performance would have been lower.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investors tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

**Performance information for the Dow Jones Internet Composite Index

is for illustrative purposes only and does not represent actual fund performance.

Indexes do not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the performance shown. Indexes are unmanaged and an investor cannot invest directly in an index.

S&P Composite 1500 Information Technology Index – The Index is a capitalization-weighted index of companies classified by GICS as information technology within the S&P Composite 1500 Index.

S&P 500 Index – The Index is an unmanaged index of 500 stocks used to measure large-cap U.S. stock market performance.

The NAV represents the funds net assets (assets less liabilities) divided by the funds outstanding shares .

Fund shares are purchased and sold on an exchange at their market price rather than net asset value (NAV), which may cause the shares to trade at a price greater than NAV (premium) or less than NAV (discount).

for funds, or star rating, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed products monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

All market capitalization numbers are in USD$ Millions.

You should consider the funds investment objectives, risks, and charges and expenses carefully before investing. You can download a prospectus or summary prospectus, or contact First Trust Portfolios L.P. at 1- to request a prospectus or summary prospectus which contains this and other information about the fund. The prospectus or summary prospectus should be read carefully before investing.

The fund lists and principally trades its shares onthe NYSE Arca, Inc.

The funds return may not match the return of the Dow Jones Internet Composite IndexSM.  Securities held by the fund will generally not be bought or sold in response to market fluctuations.

Investors buying or selling fund shares on the secondary market may incur customary brokerage commissions. Market prices may differ to some degree from the net asset value of the shares. Investors who sell fund shares may receive less than the shares net asset value. Shares may be sold throughout the day on the exchange through any brokerage account. However, unlike mutual funds, shares may only be redeemed directly from the fund by authorized participants, in very large creation/redemption units. If the funds authorized participants are unable to proceed with creation/redemption orders and no other authorized participant is able to step forward to create or redeem, fund shares may trade at a discount to the funds net asset value and possibly face delisting.

The funds shares will change in value, and you could lose money by investing in the fund. One of the principal risks of investing in the fund is market risk. Market risk is the risk that a particular stock owned by the fund, fund shares or stocks in general may fall in value. There can be no assurance that the funds investment objective will be achieved.

The fund may invest in small capitalization and mid capitalization companies. Such companies may experience greater price volatility than larger, more established companies.

The fund invests in information technology companies, which are subject to certain risks, including rapidly changing technologies, short product life cycles, fierce competition, aggressive pricing and reduced profit margins, loss of patent, copyright and trademark protections, cyclical market patterns, evolving industry standards and frequent new product introductions. Certain companies may be smaller and less experienced companies, with limited product lines, markets or financial resources. Information technology company stocks, especially those which are Internet related, have experienced extreme price and volume fluctuations that are often unrelated to their operating performance.

The fund is classified as non-diversified and may invest a relatively high percentage of its assets in a limited number of issuers. As a result, the fund may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly concentrated in certain issuers.

First Trust Advisors L.P. is the adviser to the fund. First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the funds distributor.

The Dow Jones Internet Composite IndexSMis a product of S&P Dow Jones Indices LLC or its affiliates (SPDJI) and has been licensed for use by First Trust Advisors L.P. Standard & Poorsand S&Pare registered trademarks of Standard & Poors Financial Services LLC (S&P); Dow Jonesis a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by First Trust Advisors L.P. The First Trust Dow Jones Internet Index Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, 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 Dow Jones Internet Composite IndexSM.

©2019 Morningstar, Inc. All Rights Reserved. The Morningstar RatingTMinformation contained herein: (1) is proprietary to Morningstar;(2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Not FDIC Insured Not Bank Guaranteed May Lose Value

The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial advisors are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.

First Trust Portfolios L.P. MemberSIPCandFINRA.