Rule 497(k)
File No. 333-125751
First Trust
Exchange-Traded Fund
|
Ticker Symbol:
|
FDN
|
Exchange:
|
NYSE Arca, Inc.
|
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
|
None
|
Management Fees(1)
|
0.40%
|
Distribution and Service (12b-1) Fees
|
0.00%
|
Other Expenses
|
0.12%
|
Total Annual Fund Operating Expenses
|
0.52%
|
Fee Waiver and Expense Reimbursement(2)
|
0.00%
|
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursement
|
0.52%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
$53
|
$167
|
$291
|
$653
|
Best Quarter
|
|
Worst Quarter
|
|
37.88%
|
June 30, 2020
|
-32.28%
|
June 30, 2022
|
|
1 Year
|
5 Years
|
10 Years
|
Since
Inception
|
Inception
Date
|
Return Before Taxes
|
-45.51%
|
2.32%
|
12.18%
|
11.65%
|
6/19/2006
|
Return After Taxes on Distributions
|
-45.51%
|
2.32%
|
12.18%
|
11.64%
|
|
Return After Taxes on Distributions and Sale of Fund
Shares
|
-26.94%
|
1.79%
|
10.21%
|
10.15%
|
|
Dow Jones Internet Composite IndexSM (reflects no
deduction for fees, expenses or taxes)
|
-45.24%
|
2.89%
|
12.78%
|
12.25%
|
|
S&P Composite 1500® Information Technology Index
(reflects no deduction for fees, expenses or taxes)
|
-27.91%
|
15.47%
|
18.02%
|
13.72%
|
|
S&P 500® Index (reflects no deduction for fees, expenses
or taxes)
|
-18.11%
|
9.42%
|
12.56%
|
9.26%
|
|
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