First Trust SMID Growth Strength ETF(NASDAQ:FSGS)

FSGS tracks an index that targets well-capitalized small and mid-sized companies with perceived strong market positions, robust balance sheets, high liquidity, and a history of financial strength and profit growth. The index includes constituents of the Nasdaq US Small Cap or Mid Cap Index that meet specific criteria. The index is rebalanced quarterly. The underlying fund may have a heavy concentration in a specific jurisdiction, sector, or industry, exposing it to associated risks. Prior to December 4, 2024, the fund was named First Trust Small Cap U.S. Equity Select ETF, with a ticker RNSC, and tracked the Nasdaq Riskalyze US Small Cap Index.