Key stats
About First Trust SMID Capital Strength ETF
Home page
Inception date
Jun 20, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33738R7531
FSCS is passively managed to screen for small- and mid-cap US companies exhibiting strong balance sheets, high liquidity, earnings growth potential, and a record of financial strength and profit growth. To be eligible for inclusion, a stock must have: (i) at least $100 million in cash or short-term investments, (ii) a long-term debt-to-market-cap ratio below 30%, (iii) positive shareholder equity, and (iv) a return on equity exceeding 15%. Eligible stocks are ranked according to a composite volatility score, which combines 3-month annualized realized volatility and 12-month realized volatility, subject to industry and capitalization group constraints. The 100 lowest-ranked stocks are included in the portfolio. Holdings are equally weighted and undergo quarterly reconstitution and rebalancing. Before June 10, 2024, the fund traded as First Trust Mid Cap U.S. Equity Select ETF, with ticker RNMC, and tracked the Nasdaq Riskalyze US Mid Cap Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Technology Services
Stocks99.94%
Finance29.37%
Producer Manufacturing14.33%
Technology Services12.10%
Process Industries6.98%
Consumer Non-Durables6.47%
Commercial Services5.47%
Consumer Durables5.32%
Health Services4.29%
Transportation3.29%
Industrial Services3.13%
Retail Trade2.81%
Consumer Services2.80%
Electronic Technology1.95%
Health Technology1.63%
Bonds, Cash & Other0.06%
Cash0.06%
Miscellaneous−0.00%
Stock breakdown by region
North America97.92%
Europe2.08%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FSCS invests in stocks. The fund's major sectors are Finance, with 29.37% stocks, and Producer Manufacturing, with 14.33% of the basket. The assets are mostly located in the North America region.
FSCS top holdings are InterDigital, Inc. and C.H. Robinson Worldwide, Inc., occupying 1.52% and 1.36% of the portfolio correspondingly.
FSCS last dividends amounted to 0.07 USD. The quarter before, the issuer paid 0.04 USD in dividends, which shows a 48.06% increase.
FSCS assets under management is 49.87 M USD. It's risen 1.94% over the last month.
FSCS fund flows account for 26.38 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FSCS pays dividends to its holders with the dividend yield of 0.80%. The last dividend (Jun 30, 2025) amounted to 0.07 USD. The dividends are paid quarterly.
FSCS shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Jun 20, 2017, and its management style is Passive.
FSCS expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
FSCS follows the The SMID Capital Strength Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FSCS invests in stocks.
FSCS price has fallen by −0.34% over the last month, and its yearly performance shows a 4.19% increase. See more dynamics on FSCS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.78% over the last month, have fallen by −1.78% over the last month, showed a 3.29% increase in three-month performance and has increased by 5.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −1.78% over the last month, have fallen by −1.78% over the last month, showed a 3.29% increase in three-month performance and has increased by 5.92% in a year.
FSCS trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.