FCFY
First Trust S&P 500 Diversified Free Cash Flow ETF·NYSE
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Key Stats
Assets Under Management
1.37MUSD
Fund Flows (1Y)
20.40KUSD
Dividend Yield
1.49%
Discount/Premium to NAV
0.07%
Shares Outstanding
50.00K
Expense Ratio
0.60%
About First Trust S&P 500 Diversified Free Cash Flow ETF
Issuer
First Trust Advisors L.P.
Brand
First Trust
Inception Date
Aug 23, 2023
Structure
Open-Ended Fund
Index Tracked
S&P 500 Sector-Neutral FCF Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FCFY is designed to mirror a broad US sector-neutral index comprising of firms perceived to have strong free cash flow yields in their respective GICS sectors. The fund follows a model akin to the Pacer's Cash Cows line-up in screening for companies with the highest free cash flow yields, but includes those in Financials and Real Estate. Free cash flow yield, a measure of an organization's cash flow generated from operations after expenses, guides the selection process from the S&P 500, with the top 20% within each sector chosen. Non-positive yielding companies are excluded for diversity until sector count meets a threshold. Firms are then weighted by free cash flow yield, each capped between 0.25% and 5% within their sector. The index undergoes semi-annual rebalancing and reconstitution.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Broad-based
Strategy
Fundamental
Geography
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Weighting Scheme
Fundamental
Selection Criteria
Fundamental
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -2.43% | +2.98% | -1.48% | +9.18% | +36.96% | +36.96% |
NAV Total Return | -5.85% | +2.14% | -3.43% | +8.36% | +0.21% | +0.21% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
32.39%
Financial Services
13.92%
Consumer Cyclical
11.32%
Healthcare
10.79%
Industrials
8.57%
Communication Services
8.47%
Consumer Defensive
5.59%
Energy
3.62%
Utilities
2.16%
Technology
32.39%
Financial Services
13.92%
Consumer Cyclical
11.32%
Healthcare
10.79%
Industrials
8.57%
Communication Services
8.47%
Consumer Defensive
5.59%
Energy
3.62%
Utilities
2.16%
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Asset
Region
100%
Category
Ratio
North America
100.00%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
SWKS
Skyworks Solutions
3.37%
CTSH
Cognizant Technology
2.82%
ON
On Semiconductor
2.76%
FOXA
Fox A
2.75%
EPAM
Epam Systems
2.42%
ACN
Accenture
2.39%
HPQ
HP
2.30%
NTAP
NetApp
2.16%
SYF
Synchrony Financial
2.06%
QCOM
Qualcomm
2.05%
Top 10 Weight 25.08%
102 Total Holdings
Is SPY better than FCFY?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.097 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.103 |
| 2025-03-27 | 2025-03-27 | 2025-03-31 | 0.091 |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | 0.165 |
| 2024-09-26 | 2024-09-26 | 2024-09-30 | 0.089 |
| 2024-06-27 | 2024-06-27 | 2024-06-28 | 0.105 |
| 2024-03-21 | 2024-03-22 | 2024-03-28 | 0.066 |
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How Much Does FCFY Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy FCFY?
Fund Flows
