FTA ETF Profile

Family:	First Trust
Name:	First Trust Large Cap Value AlphaDEX Fund

Inception Date:	8-May-2007
Termination Date:
Investment Objective:	The Fund will seek investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the NASDAQ AlphaDEX Large Cap Value Index. The Index is a modified equal dollar-weighted index developed and maintained by The NASDAQ OMX Group, Inc. that is designed to generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX selection methodology. The Index is created and administered by Nasdaq, Inc. which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ US 500 Large Cap Value Index that meet certain criteria. Nasdaq constructs the NASDAQ AlphaDEX Large Cap Value Index by ranking the top 187 eligible stocks from the NASDAQ US 500 Large Cap Index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. The selected stocks are divided into quintiles based on their rankings and the top ranked quintiles receive a higher weight within the index. The stocks are equally-weighted within each quintile. The index is reconstituted and rebalanced quarterly.

Prospectus

Top 10 Holdings
United Airlines Holdings Inc.	UAL	1.4823%
Synchrony Financial	SYF	1.1996%
Delta Air Lines Inc.	DAL	1.0798%
General Motors Company	GM	1.0355%
PACCAR Inc	PCAR	1.0250%
T. Rowe Price Group Inc.	TROW	0.9994%
Hewlett Packard Enterprise Company	HPE	0.9950%
Cincinnati Financial Corporation	CINF	0.9943%
Steel Dynamics Inc.	STLD	0.9659%
Fox Corporation (Class A)	FOXA	0.9620%
	Top 10 Holdings Weight:	10.7%