First Trust Active Factor Mid Cap ETF (AFMC) belongs to the Mid Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AFMC. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AFMC
AFMC charges 0.65% annually. There are 62 ETFs in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | 18.27B | Nov 2005 | AFMC vs SPMD | |
| Vanguard Mid-Cap ETF | 0.03% | 224.00B | Jan 2004 | AFMC vs VO | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.66B | Jun 2004 | AFMC vs IMCB | |
| Schwab US Mid-Cap ETF | 0.04% | 14.50B | Jan 2011 | AFMC vs SCHM | |
| iShares Core S&P Mid-Cap ETF | 0.05% | 122.39B | May 2000 | AFMC vs IJH |
Best Risk-Adjusted Alternatives to AFMC
AFMC has a PortfoliosLab risk / return rank of 82. There are 9 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 91 | — | Jun 2025 | AFMC vs CTEF | |
| Counterpoint Quantitative Equity ETF | 88 | 377.71M | Nov 2023 | AFMC vs CPAI | |
| LeaderShares AlphaFactor US Core Equity ETF | 88 | 117.99M | Oct 2018 | AFMC vs LSAF | |
| Invesco S&P Spin-Off ETF | 88 | 225.57M | Dec 2006 | AFMC vs CSD | |
| SRH U.S. Quality ETF | 87 | 170.62M | Oct 2022 | AFMC vs SRHQ |
Top Performing AFMC Alternatives (YTD)
AFMC is at 18.05% YTD. There are 15 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 33.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 33.99% | — | Jun 2025 | AFMC vs CTEF | |
| Invesco S&P Spin-Off ETF | 33.33% | 225.57M | Dec 2006 | AFMC vs CSD | |
| Counterpoint Quantitative Equity ETF | 26.13% | 377.71M | Nov 2023 | AFMC vs CPAI | |
| Optimize Strategy Index ETF | 24.46% | 239.89M | Apr 2024 | AFMC vs OPTZ | |
| GMO Domestic Resilience ETF | 21.60% | 36.00M | Sep 2025 | AFMC vs DRES |
Lowest Volatility Alternatives to AFMC
AFMC has 15.00% 1-year volatility. There are 40 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 9.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Dynamic Market ETF | 9.97% | 95.10M | May 2003 | AFMC vs PWC | |
| Invesco Bloomberg MVP Multi-factor ETF | 9.97% | 104.10M | May 2003 | AFMC vs BMVP | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 10.43% | 185.97M | May 2020 | AFMC vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.02% | 34.97M | Dec 2024 | AFMC vs QIDX | |
| Xtrackers Russell US Multifactor ETF | 11.17% | 300.67M | Nov 2015 | AFMC vs DEUS |
Lowest Drawdown Alternatives to AFMC
AFMC has a 1-year max drawdown of -8.20%. There are 25 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SRH U.S. Quality ETF | -6.31% | 170.62M | Oct 2022 | AFMC vs SRHQ | |
| Invesco Dynamic Market ETF | -6.45% | 95.10M | May 2003 | AFMC vs PWC | |
| Invesco Bloomberg MVP Multi-factor ETF | -6.45% | 104.10M | May 2003 | AFMC vs BMVP | |
| WisdomTree US Multifactor Fund | -6.47% | 297.46M | Jun 2017 | AFMC vs USMF | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | -6.52% | 185.97M | May 2020 | AFMC vs SIXL |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.
Often Compared With AFMC
Investors most often compare AFMC with AMID, PAMC, FMDE. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare AFMC with Any Fund or Stock
Compare AFMC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AFMC with funds that move differently
First Trust Active Factor Mid Cap ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AFMC.
Explore AFMC Diversifiers