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First Trust Active Factor Small Cap ETF (AFSM)

ETF · Currency in USD · Last updated Nov 30, 2022

AFSM is an actively managed ETF by First Trust. AFSM launched on Dec 3, 2019 and has a 0.77% expense ratio.

ETF Info

IssuerFirst Trust
Inception DateDec 3, 2019
RegionNorth America (U.S.)
CategorySmall Cap Blend Equities, Actively Managed
Expense Ratio0.77%
Index TrackedNo Index (Active)
ETF Home Pagewww.ftportfolios.com
Asset ClassEquity

Asset Class Size


Asset Class Style


Trading Data

Previous Close$23.62
Year Range$20.54 - $27.77
EMA (50)$22.92
EMA (200)$23.78
Average Volume$3.23K

AFSMShare Price Chart

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The chart shows the growth of $10,000 invested in First Trust Active Factor Small Cap ETF in Dec 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,086 for a total return of roughly 20.86%. All prices are adjusted for splits and dividends.

AFSM (First Trust Active Factor Small Cap ETF)
Benchmark (^GSPC)

AFSMCompare to other instruments

Search for stocks, ETFs, and funds to compare with AFSM

AFSMReturns in periods

Returns over 1 year are annualized


AFSMMonthly Returns Heatmap


AFSMSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current First Trust Active Factor Small Cap ETF Sharpe ratio is -0.47. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

AFSM (First Trust Active Factor Small Cap ETF)
Benchmark (^GSPC)

AFSMDividend History

First Trust Active Factor Small Cap ETF granted a 0.92% dividend yield in the last twelve months. The annual payout for that period amounted to $0.22 per share.


Dividend yield


AFSMDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

AFSM (First Trust Active Factor Small Cap ETF)
Benchmark (^GSPC)

AFSMWorst Drawdowns

The table below shows the maximum drawdowns of the First Trust Active Factor Small Cap ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the First Trust Active Factor Small Cap ETF is 43.54%, recorded on Mar 23, 2020. It took 179 trading sessions for the portfolio to recover.



To Bottom


To Recover



-43.54%Jan 17, 202045Mar 23, 2020179Dec 4, 2020224
-28.27%Nov 17, 2021215Sep 26, 2022
-8.21%Mar 16, 20217Mar 24, 202122Apr 26, 202129
-8.17%Feb 16, 202113Mar 4, 20216Mar 12, 202119
-7.71%Jul 2, 202111Jul 19, 202129Aug 27, 202140
-6.3%Apr 28, 202111May 12, 202113Jun 1, 202124
-4.91%Sep 3, 202111Sep 20, 202122Oct 20, 202133
-4.84%Jun 9, 20218Jun 18, 20219Jul 1, 202117
-4.45%Jan 25, 20215Jan 29, 20214Feb 4, 20219
-2.83%Oct 26, 20212Oct 27, 20213Nov 1, 20215

AFSMVolatility Chart

Current First Trust Active Factor Small Cap ETF volatility is 17.21%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.

AFSM (First Trust Active Factor Small Cap ETF)
Benchmark (^GSPC)