AFMC
First Trust Active Factor Mid Cap ETF
AFMC is an actively managed portfolio of factor-focused US midcap companies seeking capital appreciation.
US
EQUITY
Active
MANAGEMENT STYLE
$ 164.4 M
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Dec 04, 2019 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| FLEXTRONICS INTL LTD | 1.9 % |
| BORGWARNER INC | 1.4 % |
| MUELLER INDUSTRIES INC | 1.3 % |
| CASEY'S GENERAL STORES INC | 1.3 % |
| FMC TECHNOLOGIES INC | 1.0 % |
| FEDERATED INVESTORS INC-CL B | 1.0 % |
| EXELIXIS INC | 1.0 % |
| ALCOA CORP. | 1.0 % |
| CHORD ENERGY CORPORATION | 1.0 % |
| RENAISSANCERE HOLDINGS LTD | 1.0 % |
Constituent Breakdown
| Number of holdings | 266 |
| Herfindahl-Hirschman Index | 62 |
| Wgt avg mkt cap (mns) | $10,647 |
| Large cap (>$10bn) | 40.2% |
| Mid cap ($2-10bn) | 56.8% |
| Small cap (<$2bn) | 2.0% |
| Developed mkts. | 99.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 94.0 % |
 |
BERMUDA | 2.1 % |
 |
SINGAPORE | 1.9 % |
 |
PUERTO RICO | 0.7 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 14.8% | 26.2% | 14.9% | 20.7% | 9.2% | -- | -- | 11.1% |
| Dividend Yield | 0.2% | 1.2% | 1.0% | 1.1% | 1.1% | -- | -- | 1.1% |
| Total Returns | 15.0% | 27.4% | 15.9% | 21.8% | 10.3% | -- | -- | 12.2% | Ann. Volatility | 16.4% | 15.0% | 18.3% | 17.6% | 19.0% | -- | -- | 23.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.99 | 61% |
| MSCI EAFE | 0.72 | 52% |
| MSCI Emg Mkts | 0.50 | 44% |
Liquidity Measures
| Avg. volume (000) | 26 |
| ADV traded (mns) | $1 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.22% |
Technical Indicators
| 30d moving avg. (EMA) | $38.70 |
| Relative strength (RSI) | 59 |
| MACD/Signal | 0.45/0.41 |
| Bollinger Bands (Upper/Lower) | $40.10/$38.00 |
| Short interest (% of AUM) | 0.3% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. AFMC |
Expenses vs. AFMC |
ALTAR Score™ vs. AFMC |
|---|---|---|---|---|
| SMOX | Horizon Small/Mid Cap Core Equity ETF | 36.7% | +10 bp | -1.7% |
| MDY | SPDR S&P Midcap 400 ETF Trust | 35.0% | -42 bp | -1.2% |
| XJH | iShares ESG Screened S&P Mid-Cap ETF | 34.8% | -53 bp | -1.1% |
| IJH | iShares Core S&P Mid-Cap ETF | 34.0% | -60 bp | -1.0% |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | 34.0% | -62 bp | -1.0% |
| IVOO | Vanguard S&P Mid-Cap 400 ETF | 33.9% | -58 bp | -1.0% |
| EZM | WisdomTree U.S. MidCap Fund | 33.6% | -27 bp | +1.1% |
| QVMM | Invesco S&P MidCap 400 QVM Multi-factor ETF | 33.0% | -50 bp | -1.0% |
| FNX | First Trust Mid Cap Core AlphaDEX Fund | 32.7% | -5 bp | -0.9% |
| FSMD | Fidelity Small-Mid Multifactor ETF | 32.5% | -50 bp | -0.4% |
Risk and Returns: AFMC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
7.6%
ALTAR SCORE™
87th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. AFMC's ALTAR Score™ is approximately 1.1 standard
deviations above the category average. This places AFMC in the 87th percentile
among funds in the category.
Sell-Side Consensus
$41.88
PRICE TARGET
+4.5%
UPSIDE