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
$ 140.4 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 +
| FMC TECHNOLOGIES INC | 1.6 % |
| CASEY'S GENERAL STORES INC | 1.4 % |
| MUELLER INDUSTRIES INC | 1.3 % |
| BORGWARNER INC | 1.3 % |
| NATIONAL FUEL GAS CO | 1.1 % |
| RENAISSANCERE HOLDINGS LTD | 1.1 % |
| EXELIXIS INC | 1.1 % |
| FEDERATED INVESTORS INC-CL B | 1.1 % |
| CURTISS-WRIGHT CORP | 1.1 % |
| WOODWARD INC | 1.0 % |
Constituent Breakdown
| Number of holdings | 270 |
| Herfindahl-Hirschman Index | 58 |
| 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. | 98.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 95.0 % |
 |
BERMUDA | 2.3 % |
 |
SINGAPORE | 1.0 % |
 |
PUERTO RICO | 0.7 % |
 |
BRITAIN | 0.6 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.3% | 17.7% | 14.5% | 16.2% | 9.9% | -- | -- | 10.5% |
| Dividend Yield | 0.0% | 1.2% | 0.9% | 1.0% | 1.1% | -- | -- | 1.1% |
| Total Returns | 8.3% | 18.9% | 15.5% | 17.2% | 11.0% | -- | -- | 11.7% | Ann. Volatility | 14.8% | 19.5% | 18.0% | 17.7% | 19.1% | -- | -- | 23.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.89 | 78% |
| MSCI EAFE | 0.89 | 57% |
| MSCI Emg Mkts | 0.75 | 48% |
Liquidity Measures
| Avg. volume (000) | 27 |
| ADV traded (mns) | $1 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.24% |
Technical Indicators
| 30d moving avg. (EMA) | $35.94 |
| Relative strength (RSI) | 45 |
| MACD/Signal | -0.35/-0.32 |
| Bollinger Bands (Upper/Lower) | $37.22/$34.40 |
| Short interest (% of AUM) | 0.3% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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 | 38.4% | +10 bp | -2.0% |
| MDY | SPDR S&P Midcap 400 ETF Trust | 34.4% | -42 bp | -1.4% |
| FNX | First Trust Mid Cap Core AlphaDEX Fund | 33.7% | -5 bp | -1.2% |
| IVOO | Vanguard S&P Mid-Cap 400 ETF | 33.2% | -58 bp | -1.3% |
| QVMM | Invesco S&P MidCap 400 QVM Multi-factor ETF | 32.8% | -50 bp | -1.3% |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | 32.7% | -62 bp | -1.2% |
| IJH | iShares Core S&P Mid-Cap ETF | 32.7% | -60 bp | -1.3% |
| XJH | iShares ESG Screened S&P Mid-Cap ETF | 32.6% | -53 bp | -1.3% |
| EZM | WisdomTree U.S. MidCap Fund | 31.4% | -27 bp | +0.9% |
| FSMD | Fidelity Small-Mid Multifactor ETF | 31.2% | -50 bp | -0.5% |
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 4/3/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
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
8.4%
ALTAR SCORE™
90th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,196 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. AFMC's ALTAR Score™ is approximately 1.3 standard
deviations above the category average. This places AFMC in the 90th percentile
among funds in the category.
Sell-Side Consensus
$41.95
PRICE TARGET
+16.5%
UPSIDE