ATLASFirst Trust Active Factor Mid Cap ETF (AFMC): outlook, holdings and fees
First Trust Active Factor Mid Cap ETF (AFMC) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.62% and the yield is 0.71%. The ten largest holdings are 12% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on AFMC
| Last price | $40.60 (-1.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $39.85 – $41.79 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 0.71% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
AFMC fund facts
| Issuer | First Trust |
|---|---|
| Theme | US mid caps |
| Assets under management | $238M |
| Expense ratio | 0.62% |
| Number of holdings | 50 |
| Portfolio turnover | 51% |
| Inception | Dec 3, 2019 |
| Exchange | NYSE |
Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by mid capitalization companies. The manager defines mid capitalization companies as those that, at the time of investment, have a market capitalization between the minimum and maximum market capitalization of a widely recognized index of mid capitalization companies based upon the composition of the index at the time of investment.
AFMC top holdings
| Holding | Sector | Weight |
|---|---|---|
| Reliance Steel & Aluminum Co RS | Basic Materials | 1.73% |
| HF Sinclair Corp DINO | Energy | 1.57% |
| Matson Inc MATX | Industrials | 1.39% |
| Exelixis Inc EXEL | Healthcare | 1.16% |
| Mueller Industries Inc MLI | Industrials | 1.14% |
| BorgWarner Inc BWA | Consumer Cyclical | 1.08% |
| Renaissancere Holdings Ltd RNR | Financial Services | 1.10% |
| Caseys General Stores Inc CASY | Consumer Cyclical | 1.06% |
| Chord Energy Corp CHRD | Energy | 1.08% |
| Synnex Corporation SNX | Technology | 1.02% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
AFMC sector breakdown
| Sector | Weight |
|---|---|
| Technology | 20.1% |
| Industrials | 19.8% |
| Financial Services | 13.6% |
| Consumer Cyclicals | 13.5% |
| Healthcare | 11.2% |
| Energy | 6.2% |
| Real Estate | 5.7% |
| Basic Materials | 5.2% |
| Consumer Defensive | 2.4% |
| Communication Services | 1.6% |
| Utilities | 0.8% |
By region: North America 97.4%, Latin America 1.3%, United Kingdom 0.9%, Asia Emerging 0.5%.
AFMC returns and risk
| Year to date | +18.1% |
|---|---|
| 1 year | +20.3% |
| 3 years (annualised) | +20.5% |
| 5 years (annualised) | +10.7% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 16.7% |
| Sharpe ratio (3 years) | 0.92 |
Past returns do not guarantee future results.
AFMC: frequently asked questions
What does AFMC invest in?
First Trust Active Factor Mid Cap ETF invests in a portfolio of securities. Its largest holdings are Reliance Steel & Aluminum Co (1.7%), HF Sinclair Corp (1.6%), Matson Inc (1.4%), Exelixis Inc (1.2%), Mueller Industries Inc (1.1%).
What is the AFMC expense ratio?
0.62% a year: about $62.00 for every $10,000 invested.
What is the AFMC dividend yield?
0.71%. ATLAS does not hold the exact distribution dates for ETFs.
Will AFMC go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $39.85 to $41.79 from $40.60 today. It is a probability, not a prediction.
How has AFMC performed?
Year to date +18.1%, one year +20.3%, three years +20.5% a year, five years +10.7% a year. Past returns do not guarantee future results.
Similar ETFs: US mid caps
- iShares Core S&P Mid-Cap ETF (IJH)
- Vanguard Mid-Cap Index Fund ETF Shares (VO)
- iShares Russell Mid-Cap ETF (IWR)
- Vanguard Morningstar Mid-Cap Value ETF (VOE)
- iShares Russell Mid-Cap Growth ETF (IWP)
- Vanguard Mid-Cap Growth ETF (VOT)
- State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD)
- iShares Russell Mid-Cap Value ETF (IWS)
Educational information, not investment advice. Disclaimer