First Trust SMID Growth Strength ETF

First Trust SMID Growth Strength ETF is an exchange-traded fund that seeks to track the performance of The SMID Growth Strength Index through a portfolio of U.S. small- and mid-cap equities. The fund focuses on companies selected for growth-oriented characteristics such as financial strength, market position, and balance-sheet quality, providing diversified exposure across sectors rather than concentrating on a single industry. Its portfolio is built to mirror the index’s rules-based approach, giving investors access to a broad mix of businesses that operate in areas such as healthcare, technology, industrials, financials, and consumer-related services. First Trust SMID Growth Strength ETF is designed to serve as a liquid, passive vehicle for gaining exposure to the SMID segment of the U.S. equity market, where smaller companies can play an important role in domestic economic activity and portfolio diversification.