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Inception Date
Dec 3, 2019
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Goldman Sachs ActiveBeta U.S. Large Cap Equity Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend
Assets Under Management
$655M

Share Price Chart


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Performance

AFLG Performance Chart

First Trust Active Factor Large Cap ETF (AFLG) is up 10.9% since the beginning of the year. AFLG is currently trading at $43 per share. Investors who bought $1,000 worth of AFLG shares 5 years ago would now be looking at an investment worth $1,823.


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S&P 500 Index

Returns By Period

First Trust Active Factor Large Cap ETF (AFLG) has returned 10.91% so far this year and 24.13% over the past 12 months.


First Trust Active Factor Large Cap ETF

1D
-0.18%
1M
-0.53%
YTD
10.91%
6M
9.87%
1Y
24.13%
3Y*
21.75%
5Y*
12.76%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AFLG Monthly Returns History

Based on dividend-adjusted daily data since Dec 4, 2019, AFLG's average daily return is +0.06%, while the average monthly return is +1.19%. At this rate, an investment would double in approximately 4.9 years.

Historically, 65% of months were positive and 35% were negative. The best month was Apr 2020 with a return of +12.4%, while the worst month was Mar 2020 at -13.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, AFLG closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +8.9%, while the worst single day was Mar 16, 2020 at -11.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.56%1.07%-4.70%9.79%3.40%-1.10%10.91%
20252.81%-0.68%-4.26%-1.31%5.38%3.81%1.32%2.36%3.09%0.72%0.90%-0.41%14.23%
20242.10%6.23%4.33%-5.02%5.63%2.02%2.08%3.22%2.52%-0.77%6.83%-4.22%27.02%
20235.53%-2.55%1.35%0.55%-1.50%7.31%2.52%-1.51%-3.97%-1.72%8.32%5.04%20.10%
2022-5.98%-2.43%3.87%-7.34%0.34%-8.93%7.82%-3.30%-8.59%9.76%4.93%-5.60%-16.41%
20210.51%2.11%4.32%4.39%0.89%1.64%2.13%2.91%-5.17%6.08%-0.60%5.69%27.29%

Benchmark Metrics

First Trust Active Factor Large Cap ETF has an annualized alpha of 0.68%, beta of 0.90, and R2 of 0.93 versus S&P 500 Index. Calculated based on daily prices since December 04, 2019.

  • This ETF participated in 96.84% of S&P 500 Index downside but only 94.83% of its upside - more exposed to losses than it benefited from rallies.
  • With beta of 0.90 and R2 of 0.93, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
0.68%
Beta
0.90
0.93
Upside Capture
94.83%
Downside Capture
96.84%

Expense Ratio

AFLG has an expense ratio of 0.55%, placing it in the medium range.


Return for Risk

Risk / Return Rank

AFLG ranks 64 for risk / return — better than 64% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


AFLG Risk / Return Rank: 6464
Overall Rank
AFLG Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
AFLG Sortino Ratio Rank: 6262
Sortino Ratio Rank
AFLG Omega Ratio Rank: 6262
Omega Ratio Rank
AFLG Calmar Ratio Rank: 6262
Calmar Ratio Rank
AFLG Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust Active Factor Large Cap ETF (AFLG) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


AFLGBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.01

Sortino ratioReturn per unit of downside risk

+0.06

Omega ratioGain probability vs. loss probability

1.37

1.37

0.00

Calmar ratioReturn relative to maximum drawdown

2.96

2.78

+0.17

Martin ratioReturn relative to average drawdown

13.19

12.44

+0.75

Dividends

Dividend History

First Trust Active Factor Large Cap ETF provided a 0.71% dividend yield over the last twelve months, with an annual payout of $0.31 per share.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%1.60%$0.00$0.10$0.20$0.30$0.402019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019
Dividend$0.31$0.33$0.18$0.42$0.35$0.26$0.28$0.04

Dividend yield

0.71%0.84%0.53%1.53%1.52%0.93%1.28%0.20%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust Active Factor Large Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.05$0.00$0.00$0.00$0.05
2025$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.01$0.00$0.00$0.18$0.33
2024$0.00$0.00$0.02$0.00$0.00$0.02$0.00$0.00$0.02$0.00$0.00$0.12$0.18
2023$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.00$0.00$0.00$0.28$0.42
2022$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.16$0.35
2021$0.00$0.00$0.04$0.00$0.00$0.07$0.00$0.00$0.01$0.00$0.00$0.15$0.26

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Active Factor Large Cap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust Active Factor Large Cap ETF was 35.84%, occurring on Mar 23, 2020. Recovery took 113 trading sessions.

The current First Trust Active Factor Large Cap ETF drawdown is 1.82%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-35.84%Mar 2020
1mo 4d5mo 12d
6mo 16dFeb 2020 - Sep 2020
Bear market2022
-23.48%Sep 2022
9mo 4d1y 3mo
2y 11dDec 2021 - Jan 2024
2025 selloff2025
-17.49%Apr 2025
4mo 4d2mo 23d
6mo 27dDec 2024 - Jun 2025
2020 pullback2020
-9.11%Sep 2020
20d1mo 24d
2mo 14dSep 2020 - Nov 2020
2026 pullback2026
-8.19%Mar 2026
1mo 2d15d
1mo 17dFeb 2026 - Apr 2026

Drawdown Indicators


AFLGBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-35.84%

-56.78%

+20.94%

Max Drawdown (1Y)

Largest decline over 1 year

-8.19%

-9.10%

+0.91%

Max Drawdown (3Y)

Largest decline over 3 years

-17.49%

-18.90%

+1.41%

Max Drawdown (5Y)

Largest decline over 5 years

-23.48%

-25.43%

+1.95%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.82%

-1.80%

-0.02%

Average Drawdown

Average peak-to-trough decline

-5.68%

-10.71%

+5.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.83%

2.03%

-0.20%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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