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report contains important information about the First Trust STOXX<sup style="vertical-align:3.2pt;line-height:0px">®</sup> European Select Dividend Index Fund (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/FDD</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/FDD 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust STOXX<sup style="vertical-align:3.2pt;line-height:0px">®</sup> European Select Dividend Index Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>31</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.59<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 31 0.0059 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>226,089,776</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">31</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">23<span>%</span></td> </tr> </table> 226089776 31 0.23 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Aker BP ASA</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Legal &amp; General Group PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Taylor Wimpey PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Rio Tinto PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ABN AMRO Bank N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">AP Moller - Maersk A/S, Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">NN Group N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">HSBC Holdings PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Rubis S.C.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Volkswagen AG</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9832868.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Aker BP ASA</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Legal &amp; General Group PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Taylor Wimpey PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Rio Tinto PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ABN AMRO Bank N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">AP Moller - Maersk A/S, Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">NN Group N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">HSBC Holdings PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Rubis S.C.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Volkswagen AG</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> </table> 0.060 0.053 0.051 0.041 0.040 0.040 0.039 0.036 0.036 0.035 First Trust Alerian Disruptive Technology Real Estate ETF First Trust Alerian Disruptive Technology Real Estate ETF DTRE This semi-annual shareholder report contains important information about the First Trust Alerian Disruptive Technology Real Estate ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/DTRE</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/DTRE 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Alerian Disruptive Technology Real Estate ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>29</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.60<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 29 0.0060 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>15,468,003</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">31</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">18<span>%</span></td> </tr> </table> 15468003 31 0.18 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">American Tower Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Crown Castle, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">SBA Communications Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Prologis, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Equinix, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Digital Realty Trust, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">EastGroup Properties, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">First Industrial Realty Trust, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">STAG Industrial, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Segro PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9832910.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">American Tower Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Crown Castle, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">SBA Communications Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Prologis, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Equinix, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Digital Realty Trust, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">EastGroup Properties, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">First Industrial Realty Trust, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">STAG Industrial, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Segro PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> </table> 0.077 0.075 0.070 0.067 0.054 0.050 0.043 0.042 0.042 0.042 First Trust Dow Jones Global Select Dividend Index Fund First Trust Dow Jones Global Select Dividend Index Fund FGD This semi-annual shareholder report contains important information about the First Trust Dow Jones Global Select Dividend Index Fund (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/FGD</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/FGD 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Dow Jones Global Select Dividend Index Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>28</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.56<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 28 0.0056 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>592,355,690</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">100</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">37<span>%</span></td> </tr> </table> 592355690 100 0.37 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Enagas S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Kohl’s Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Phoenix Group Holdings PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Spark New Zealand Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">BCE, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Labrador Iron Ore Royalty Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Peyto Exploration &amp; Development Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">AP Moller - Maersk A/S, Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Henderson Land Development Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.3<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Western Union (The) Co.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.3<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9832952.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Enagas S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Kohl’s Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Phoenix Group Holdings PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Spark New Zealand Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">BCE, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Labrador Iron Ore Royalty Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Peyto Exploration &amp; Development Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">AP Moller - Maersk A/S, Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Henderson Land Development Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.3<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Western Union (The) Co.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.3<span>%</span></td> </tr> </table> 0.019 0.018 0.017 0.017 0.017 0.014 0.014 0.013 0.013 0.013 First Trust Global Wind Energy ETF First Trust Global Wind Energy ETF FAN This semi-annual shareholder report contains important information about the First Trust Global Wind Energy ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/FAN</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/FAN 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Global Wind Energy ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>27</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.60<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 27 0.0060 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>130,402,542</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">49</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">14<span>%</span></td> </tr> </table> 130402542 49 0.14 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Orsted A/S</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Vestas Wind Systems A/S</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Northland Power, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">EDP Renovaveis S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">China Longyuan Power Group Corp., Ltd., Class H</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nordex SE</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Boralex, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">RBC Dominion Securities, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Citigroup, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.0<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Century Iron &amp; Steel Industrial Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.5<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9832994.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Orsted A/S</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Vestas Wind Systems A/S</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Northland Power, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">EDP Renovaveis S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">China Longyuan Power Group Corp., Ltd., Class H</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nordex SE</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Boralex, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">RBC Dominion Securities, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Citigroup, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.0<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Century Iron &amp; Steel Industrial Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.5<span>%</span></td> </tr> </table> 0.075 0.074 0.073 0.056 0.046 0.043 0.037 0.032 0.030 0.025 First Trust Alerian U.S. NextGen Infrastructure ETF First Trust Alerian U.S. NextGen Infrastructure ETF RBLD This semi-annual shareholder report contains important information about the First Trust Alerian U.S. NextGen Infrastructure ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/RBLD</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/RBLD 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Alerian U.S. NextGen Infrastructure ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>32</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.65<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 32 0.0065 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>13,145,672</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">102</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">12<span>%</span></td> </tr> </table> 13145672 102 0.12 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Consolidated Edison, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Okta, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">American Tower Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Exelon Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">American Water Works Co., Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">VeriSign, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Crown Castle, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">American Electric Power Co., Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">CenterPoint Energy, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">WEC Energy Group, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833036.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Consolidated Edison, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Okta, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">American Tower Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Exelon Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">American Water Works Co., Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">VeriSign, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Crown Castle, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">American Electric Power Co., Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">CenterPoint Energy, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">WEC Energy Group, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.2<span>%</span></td> </tr> </table> 0.013 0.013 0.012 0.012 0.012 0.012 0.012 0.012 0.012 0.012 First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund GRID This semi-annual shareholder report contains important information about the First Trust NASDAQ<sup style="vertical-align:3.2pt;line-height:0px">®</sup> Clean Edge<sup style="vertical-align:3.2pt;line-height:0px">®</sup> Smart Grid Infrastructure Index Fund (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/GRID</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/GRID 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust NASDAQ<sup style="vertical-align:3.2pt;line-height:0px">®</sup> Clean Edge<sup style="vertical-align:3.2pt;line-height:0px">®</sup> Smart Grid Infrastructure Index Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>26</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.56<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 26 0.0056 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>2,009,750,683</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">108</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">9<span>%</span></td> </tr> </table> 2009750683 108 0.09 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">National Grid PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ABB Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Schneider Electric SE</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Johnson Controls International PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Eaton Corp. PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Quanta Services, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Hubbell, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Prysmian S.p.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Aptiv PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.8<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Terna-Rete Elettrica Nazionale</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.7<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833078.jpg" style="width: 172.8pt;"/> </div><div style="font-kerning:none;font-size:7.5pt;padding-left:1.5em;text-indent:-1.5em;margin-top:1.5em;margin-bottom:7.5pt;">Any amount shown as 0.0% represents less than 0.1%.</div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">National Grid PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ABB Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Schneider Electric SE</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Johnson Controls International PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Eaton Corp. PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Quanta Services, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Hubbell, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Prysmian S.p.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Aptiv PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.8<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Terna-Rete Elettrica Nazionale</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.7<span>%</span></td> </tr> </table> 0.088 0.079 0.078 0.077 0.076 0.040 0.036 0.035 0.028 0.027 First Trust Indxx Global Natural Resources Income ETF First Trust Indxx Global Natural Resources Income ETF FTRI This semi-annual shareholder report contains important information about the First Trust Indxx Global Natural Resources Income ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/FTRI</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/FTRI 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Indxx Global Natural Resources Income ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>35</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.70<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 35 0.0070 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>91,386,563</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">52</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">4<span>%</span></td> </tr> </table> 91386563 52 0.04 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Agnico Eagle Mines Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Canadian Natural Resources Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Freeport-McMoRan, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">American Water Works Co., Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">RBC Dominion Securities, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">JPMorgan Chase &amp; Co.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Ecopetrol S.A., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Weyerhaeuser Co.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nutrien Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Kinross Gold Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.3<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833120.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Agnico Eagle Mines Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Canadian Natural Resources Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Freeport-McMoRan, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">American Water Works Co., Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">RBC Dominion Securities, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">JPMorgan Chase &amp; Co.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Ecopetrol S.A., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Weyerhaeuser Co.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nutrien Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Kinross Gold Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.3<span>%</span></td> </tr> </table> 0.092 0.090 0.088 0.059 0.045 0.044 0.042 0.039 0.038 0.033 First Trust Indxx Global Agriculture ETF First Trust Indxx Global Agriculture ETF FTAG This semi-annual shareholder report contains important information about the First Trust Indxx Global Agriculture ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/FTAG</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/FTAG 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Indxx Global Agriculture ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>34</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.70<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 34 0.0070 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>5,827,494</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">47</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">8<span>%</span></td> </tr> </table> 5827494 47 0.08 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Deere &amp; Co.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Corteva, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">BASF SE</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Mahindra &amp; Mahindra Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nutrien Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Industries Qatar QSC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Bayer AG</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Wilmar International Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">CNH Industrial N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.7<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Kubota Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.4<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833162.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Deere &amp; Co.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Corteva, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">BASF SE</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Mahindra &amp; Mahindra Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nutrien Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Industries Qatar QSC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Bayer AG</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Wilmar International Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">CNH Industrial N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.7<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Kubota Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.4<span>%</span></td> </tr> </table> 0.099 0.098 0.089 0.087 0.044 0.044 0.043 0.038 0.037 0.034 First Trust Indxx NextG ETF First Trust Indxx NextG ETF NXTG This semi-annual shareholder report contains important information about the First Trust Indxx NextG ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space: nowrap; color: #003c71; text-decoration-line: underline;">www.ftportfolios.com/fund-documents/etf/NXTG</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line: underline; color: #003c71; font-family: 'timesnewrompspro'; font-size: 9pt;">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/NXTG 1-800-621-1675 info@ftportfolios.com <div style="margin-top: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div> <div style="margin-top: 0px; margin-bottom: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt;">(Based on a hypothetical $10,000 investment)</div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 1pt; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; font-family: 'TimesNewRomPSPro'; color: #000000; font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">Fund</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-weight: bold; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-weight: bold; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">Costs paid as a percentage<br/>of a $10,000 investment</td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">First Trust Indxx NextG ETF</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;"><span style="float: none;">$</span>34</td> <td style="break-inside: avoid-page; text-align: right; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">0.70<span>%</span>⁽¹⁾</td> </tr> </table> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 9pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; font-kerning: none; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; width: 1.8em; vertical-align: top; padding: 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">​<sup style="vertical-align: 3.2pt; line-height: 0px;">(1)</sup></div> </td> <td style="break-inside: avoid-page; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; vertical-align: top; padding: 3px 0 0 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">Annualized.</div> </td> </tr> </table> 34 0.0070 <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt; margin-top: 10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;"><span style="float: none;">$</span>340,030,429</td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;">105</td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;">8<span>%</span></td> </tr> </table> 340030429 105 0.08 <div style="margin-top: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; margin-bottom: 10pt; font-kerning: none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div> <div style="border-bottom-width: 1pt; border-bottom-style: solid; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; border-bottom-color: #000000; text-align: center; padding-bottom: 5pt; margin-top: 5pt; font-weight: bold; margin-bottom: 0px;"><b>Top Ten Holdings</b></div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Xiaomi Corp., Class B</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">2.0<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">ZTE Corp., Class H</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.6<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">NEC Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.6<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Nokia Oyj, ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.5<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">BT Group PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Elisa Oyj</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Sony Group Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Lenovo Group Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">American Tower Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Kyocera Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> </table> <div style="border-bottom-width: 1pt; border-bottom-style: solid; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; border-bottom-color: #000000; text-align: center; padding-bottom: 5pt; margin-bottom: 5pt; font-weight: bold; margin-top: 3pt;"><b>Sector Allocation</b></div> <div style="padding-left: 10pt; padding-right: 0px;"><img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833204.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width: 1pt; border-bottom-style: solid; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; border-bottom-color: #000000; text-align: center; padding-bottom: 5pt; margin-top: 5pt; font-weight: bold; margin-bottom: 0px;"><b>Top Ten Holdings</b></div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Xiaomi Corp., Class B</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">2.0<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">ZTE Corp., Class H</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.6<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">NEC Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.6<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Nokia Oyj, ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.5<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">BT Group PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Elisa Oyj</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Sony Group Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Lenovo Group Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">American Tower Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Kyocera Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">1.4<span>%</span></td> </tr> </table> 0.020 0.016 0.016 0.015 0.014 0.014 0.014 0.014 0.014 0.014 First Trust S-NetworkFuture Vehicles & Technology ETF First Trust S-NetworkFuture Vehicles & Technology ETF CARZ This semi-annual shareholder report contains important information about the First Trust S-Network Future Vehicles &amp; Technology ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space: nowrap; color: #003c71; text-decoration-line: underline;">www.ftportfolios.com/fund-documents/etf/CARZ</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line: underline; color: #003c71; font-family: 'timesnewrompspro'; font-size: 9pt;">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/CARZ 1-800-621-1675 info@ftportfolios.com <div style="margin-top: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div> <div style="margin-top: 0px; margin-bottom: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt;">(Based on a hypothetical $10,000 investment)</div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 1pt; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; font-family: 'TimesNewRomPSPro'; color: #000000; font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">Fund</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-weight: bold; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-weight: bold; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">Costs paid as a percentage<br/>of a $10,000 investment</td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">First Trust S-Network Future Vehicles &amp; Technology ETF</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;"><span style="float: none;">$</span>34</td> <td style="break-inside: avoid-page; text-align: right; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">0.70<span>%</span>⁽¹⁾</td> </tr> </table> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 9pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; font-kerning: none; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; width: 1.8em; vertical-align: top; padding: 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">​<sup style="vertical-align: 3.2pt; line-height: 0px;">(1)</sup></div> </td> <td style="break-inside: avoid-page; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; vertical-align: top; padding: 3px 0 0 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">Annualized.</div> </td> </tr> </table> 34 0.0070 <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt; margin-top: 10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;"><span style="float: none;">$</span>29,614,539</td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;">102</td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;">27<span>%</span></td> </tr> </table> 29614539 102 0.27 <div style="margin-top: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; margin-bottom: 10pt; font-kerning: none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div> <div style="border-bottom-width: 1pt; border-bottom-style: solid; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; border-bottom-color: #000000; text-align: center; padding-bottom: 5pt; margin-top: 5pt; font-weight: bold; margin-bottom: 0px;"><b>Top Ten Holdings</b></div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Samsung Electronics Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">5.0<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">QUALCOMM, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.6<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Texas Instruments, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Toyota Motor Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Apple, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Microsoft Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Advanced Micro Devices, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Taiwan Semiconductor Manufacturing Co., Ltd., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Alphabet, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">NVIDIA Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">3.7<span>%</span></td> </tr> </table> <div style="border-bottom-width: 1pt; border-bottom-style: solid; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; border-bottom-color: #000000; text-align: center; padding-bottom: 5pt; margin-bottom: 5pt; font-weight: bold; margin-top: 3pt;"><b>Sector Allocation</b></div> <div style="padding-left: 10pt; padding-right: 0px;"><img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833246.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width: 1pt; border-bottom-style: solid; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; border-bottom-color: #000000; text-align: center; padding-bottom: 5pt; margin-top: 5pt; font-weight: bold; margin-bottom: 0px;"><b>Top Ten Holdings</b></div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Samsung Electronics Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">5.0<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">QUALCOMM, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.6<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Texas Instruments, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Toyota Motor Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Apple, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Microsoft Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Advanced Micro Devices, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Taiwan Semiconductor Manufacturing Co., Ltd., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Alphabet, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">NVIDIA Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">3.7<span>%</span></td> </tr> </table> 0.050 0.046 0.045 0.045 0.044 0.042 0.040 0.038 0.038 0.037 First Trust Cloud Computing ETF First Trust Cloud Computing ETF SKYY This semi-annual shareholder report contains important information about the First Trust Cloud Computing ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/SKYY</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/SKYY 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Cloud Computing ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>30</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.60<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 30 0.0060 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>3,087,588,579</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">64</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">14<span>%</span></td> </tr> </table> 3087588579 64 0.14 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">International Business Machines Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Microsoft Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Alphabet, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nutanix, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Amazon.com, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Pure Storage, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Oracle Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Arista Networks, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Akamai Technologies, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.0<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Cisco Systems, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833288.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">International Business Machines Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Microsoft Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Alphabet, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nutanix, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Amazon.com, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Pure Storage, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Oracle Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Arista Networks, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Akamai Technologies, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.0<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Cisco Systems, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> </table> 0.045 0.043 0.042 0.041 0.041 0.039 0.038 0.038 0.030 0.029 First Trust International Equity Opportunities ETF First Trust International Equity Opportunities ETF FPXI This semi-annual shareholder report contains important information about the First Trust International Equity Opportunities ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/FPXI</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/FPXI 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust International Equity Opportunities ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>34</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.70<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 34 0.0070 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>129,928,149</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">52</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">59<span>%</span></td> </tr> </table> 129928149 52 0.59 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Alibaba Group Holding Ltd., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Spotify Technology S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ARM Holdings PLC, ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Caixa Seguridade Participacoes S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Gen Digital, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Trip.com Group Ltd., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Krafton, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Agnico Eagle Mines Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Pop Mart International Group Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Constellation Software, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.2<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833414.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Alibaba Group Holding Ltd., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Spotify Technology S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ARM Holdings PLC, ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Caixa Seguridade Participacoes S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Gen Digital, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Trip.com Group Ltd., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Krafton, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Agnico Eagle Mines Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Pop Mart International Group Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Constellation Software, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.2<span>%</span></td> </tr> </table> 0.073 0.065 0.052 0.052 0.042 0.041 0.037 0.036 0.036 0.032 First Trust Nasdaq Cybersecurity ETF First Trust Nasdaq Cybersecurity ETF CIBR This semi-annual shareholder report contains important information about the First Trust Nasdaq Cybersecurity ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/CIBR</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/CIBR 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Nasdaq Cybersecurity ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>30</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.58<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 30 0.0058 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>7,875,203,238</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">35</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">10<span>%</span></td> </tr> </table> 7875203238 35 0.10 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Cisco Systems, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Infosys Ltd., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">CrowdStrike Holdings, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Palo Alto Networks, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Broadcom, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Thales S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Okta, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Leidos Holdings, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Check Point Software Technologies Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Zscaler, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833456.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Cisco Systems, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Infosys Ltd., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">CrowdStrike Holdings, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Palo Alto Networks, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Broadcom, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Thales S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">5.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Okta, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Leidos Holdings, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Check Point Software Technologies Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Zscaler, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.2<span>%</span></td> </tr> </table> 0.080 0.075 0.075 0.074 0.070 0.055 0.045 0.043 0.043 0.042 First Trust IPOX® Europe Equity Opportunities ETF First Trust IPOX® Europe Equity Opportunities ETF FPXE This semi-annual shareholder report contains important information about the First Trust IPOX<sup style="vertical-align:3.2pt;line-height:0px">®</sup> Europe Equity Opportunities ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/FPXE</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/FPXE 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust IPOX<sup style="vertical-align:3.2pt;line-height:0px">®</sup> Europe Equity Opportunities ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>34</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.70<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 34 0.0070 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>3,863,219</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">104</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">48<span>%</span></td> </tr> </table> 3863219 104 0.48 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Gen Digital, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nordnet AB publ</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Technip Energies N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Spotify Technology S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ARM Holdings PLC, ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Lottomatica Group S.p.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Siemens Energy AG</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Haleon PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Cie de Saint-Gobain S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.5<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">IONOS Group SE</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.3<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9832784.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Gen Digital, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nordnet AB publ</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Technip Energies N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Spotify Technology S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ARM Holdings PLC, ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Lottomatica Group S.p.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Siemens Energy AG</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Haleon PLC</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Cie de Saint-Gobain S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.5<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">IONOS Group SE</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.3<span>%</span></td> </tr> </table> 0.049 0.035 0.035 0.035 0.034 0.031 0.029 0.028 0.025 0.023 First Trust Dow Jones International Internet ETF First Trust Dow Jones International Internet ETF FDNI This semi-annual shareholder report contains important information about the First Trust Dow Jones International Internet ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/FDNI</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/FDNI 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Dow Jones International Internet ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>33</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.65<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 33 0.0065 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>38,617,285</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">40</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">20<span>%</span></td> </tr> </table> 38617285 40 0.20 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Tencent Holdings Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">10.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Alibaba Group Holding Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">10.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Shopify, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Meituan, Class B</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Spotify Technology S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">JD.com, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Prosus N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">PDD Holdings, Inc., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Naspers Ltd., Class N</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.6<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Adyen N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9832826.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Tencent Holdings Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">10.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Alibaba Group Holding Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">10.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Shopify, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Meituan, Class B</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Spotify Technology S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.9<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">JD.com, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Prosus N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">PDD Holdings, Inc., ADR</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Naspers Ltd., Class N</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.6<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Adyen N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> </table> 0.102 0.101 0.090 0.087 0.049 0.048 0.048 0.047 0.046 0.043 First Trust Bloomberg Emerging Market Democracies ETF First Trust Bloomberg Emerging Market Democracies ETF EMDM This semi-annual shareholder report contains important information about the First Trust Bloomberg Emerging Market Democracies ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/EMDM</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/EMDM 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Bloomberg Emerging Market Democracies ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>37</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.75<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 37 0.0075 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>7,589,704</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">101</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">10<span>%</span></td> </tr> </table> 7589704 101 0.10 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Taiwan Semiconductor Manufacturing Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">10.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Samsung Electronics Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Naspers Ltd., Class N</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Grupo Mexico S.A.B. de C.V., Series B</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Powszechna Kasa Oszczednosci Bank Polski S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Petroleo Brasileiro S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">FirstRand Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">OTP Bank Nyrt</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Standard Bank Group Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Fomento Economico Mexicano S.A.B. de C.V., Series UBD</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.6<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833498.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Taiwan Semiconductor Manufacturing Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">10.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Samsung Electronics Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Naspers Ltd., Class N</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Grupo Mexico S.A.B. de C.V., Series B</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Powszechna Kasa Oszczednosci Bank Polski S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Petroleo Brasileiro S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">FirstRand Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">OTP Bank Nyrt</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.2<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Standard Bank Group Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Fomento Economico Mexicano S.A.B. de C.V., Series UBD</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.6<span>%</span></td> </tr> </table> 0.101 0.065 0.065 0.041 0.038 0.036 0.032 0.032 0.029 0.026 First Trust Emerging Markets Human Flourishing ETF First Trust Emerging Markets Human Flourishing ETF FTHF This semi-annual shareholder report contains important information about the First Trust Emerging Markets Human Flourishing ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/FTHF</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/FTHF 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Emerging Markets Human Flourishing ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>37</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.75<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 37 0.0075 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>39,304,193</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">101</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">20<span>%</span></td> </tr> </table> 39304193 101 0.20 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Taiwan Semiconductor Manufacturing Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Samsung Electronics Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Gold Fields Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Itau Unibanco Holding S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Wal-Mart de Mexico S.A.B. de C.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">WEG S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ORLEN S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Grupo Financiero Banorte S.A.B. de C.V., Class O</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">FirstRand Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.1<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Powszechna Kasa Oszczednosci Bank Polski S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.9<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833540.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Taiwan Semiconductor Manufacturing Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Samsung Electronics Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Gold Fields Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Itau Unibanco Holding S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Wal-Mart de Mexico S.A.B. de C.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">WEG S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ORLEN S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Grupo Financiero Banorte S.A.B. de C.V., Class O</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">FirstRand Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.1<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Powszechna Kasa Oszczednosci Bank Polski S.A.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">1.9<span>%</span></td> </tr> </table> 0.078 0.071 0.043 0.036 0.033 0.028 0.024 0.023 0.021 0.019 First Trust Nasdaq Lux Digital Health Solutions ETF First Trust Nasdaq Lux Digital Health Solutions ETF EKG This semi-annual shareholder report contains important information about the First Trust Nasdaq Lux Digital Health Solutions ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/EKG</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/EKG 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Nasdaq Lux Digital Health Solutions ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>31</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.65<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 31 0.0065 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>2,353,417</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">38</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">7<span>%</span></td> </tr> </table> 2353417 38 0.07 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Veeva Systems, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ResMed, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">IQVIA Holdings, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Intuitive Surgical, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Dexcom, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">QIAGEN N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Hologic, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Insulet Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Globus Medical, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Natera, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833372.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Veeva Systems, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">9.1<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">ResMed, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">IQVIA Holdings, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">8.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Intuitive Surgical, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">7.6<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Dexcom, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">6.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">QIAGEN N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Hologic, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Insulet Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Globus Medical, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Natera, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> </table> 0.091 0.085 0.083 0.076 0.068 0.044 0.043 0.043 0.040 0.040 First Trust Indxx Metaverse ETF First Trust Indxx Metaverse ETF ARVR This semi-annual shareholder report contains important information about the First Trust Indxx Metaverse ETF (the “Fund”) for the period of October 1, 2024 to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space:nowrap;color:rgb(0, 60, 113);text-decoration-line:underline">www.ftportfolios.com/fund-documents/etf/ARVR</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line:underline;color:rgb(0, 60, 113);font-family:'timesnewrompspro';font-size:9pt">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/ARVR 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="break-after:avoid;border-bottom-style:solid;border-bottom-width:1pt;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">First Trust Indxx Metaverse ETF</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"><span style="float:none">$</span>35</td> <td style="break-inside: avoid-page; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.70<span>%</span><sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:9pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt;line-height:0px">(1)</sup></div></td> <td style="break-inside: avoid-page; padding-top: 3px; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div></td> </tr> </table> 35 0.0070 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"><span style="float:none">$</span>3,798,243</td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">42</td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">28<span>%</span></td> </tr> </table> 3798243 42 0.28 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Xiaomi Corp., Class B</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Tencent Holdings Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Sony Group Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nintendo Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Intel Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Take-Two Interactive Software, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">NetEase, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Netflix, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Electronic Arts, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.1<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nexon Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.0<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_9833330.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;break-inside:avoid-page"> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Xiaomi Corp., Class B</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Tencent Holdings Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Sony Group Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.8<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nintendo Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.7<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Intel Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Take-Two Interactive Software, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.5<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">NetEase, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.4<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Netflix, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.3<span>%</span></td> </tr> <tr style="border-bottom-width:0.5pt;border-bottom-style:solid;break-inside:avoid-page;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Electronic Arts, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.1<span>%</span></td> </tr> <tr style="border-bottom-width:initial;border-bottom-style:none;break-inside:avoid-page;height:20pt;border-bottom-color:initial"> <td style="break-inside: avoid-page; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Nexon Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.0<span>%</span></td> </tr> </table> 0.045 0.040 0.038 0.037 0.035 0.035 0.034 0.033 0.031 0.030 First Trust BloombergArtificial Intelligence ETF First Trust BloombergArtificial Intelligence ETF FAI This semi-annual shareholder report contains important information about the First Trust Bloomberg Artificial Intelligence ETF (the “Fund”) for the period of November 20, 2024 (commencement of investment operations) to March 31, 2025. semi-annual shareholder report You can find additional information about the Fund at <span style="white-space: nowrap; color: #003c71; text-decoration-line: underline;">www.ftportfolios.com/fund-documents/etf/FAI</span>. You can also request this information by contacting us at 1-800-621-1675 or <span style="text-decoration-line: underline; color: #003c71; font-family: 'timesnewrompspro'; font-size: 9pt;">info@ftportfolios.com</span>. www.ftportfolios.com/fund-documents/etf/FAI 1-800-621-1675 info@ftportfolios.com <div style="margin-top: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt;">WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?</div> <div style="margin-top: 0px; margin-bottom: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt;">(Based on a hypothetical $10,000 investment)</div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 1pt; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; font-family: 'TimesNewRomPSPro'; color: #000000; font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">Fund</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-weight: bold; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">Costs of a $10,000 investment</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-weight: bold; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">Costs paid as a percentage<br/>of a $10,000 investment</td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">First Trust Bloomberg Artificial Intelligence ETF</td> <td style="break-inside: avoid-page; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;"><span style="float: none;">$</span>22<sup style="vertical-align: 3.2pt; line-height: 0px;">(1)</sup></td> <td style="break-inside: avoid-page; text-align: right; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">0.65<span>%</span><sup style="vertical-align: 3.2pt; line-height: 0px;">(2)</sup></td> </tr> </table> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 9pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; font-kerning: none; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; width: 1.8em; vertical-align: top; padding: 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">​<sup style="vertical-align: 3.2pt; line-height: 0px;">(1)</sup></div> </td> <td style="break-inside: avoid-page; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; vertical-align: top; padding: 3px 0 0 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">The Fund commenced investment operations on November 20, 2024. Had the Fund been in operation for a complete six months, the cost of a $10,000 investment would have been higher.</div> </td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 9pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; font-kerning: none; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; width: 1.8em; vertical-align: top; padding: 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">​<sup style="vertical-align: 3.2pt; line-height: 0px;">(2)</sup></div> </td> <td style="break-inside: avoid-page; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; vertical-align: top; padding: 3px 0 0 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">Annualized.</div> </td> </tr> </table> 22 0.0065 <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt; margin-top: 10pt;">KEY FUND STATISTICS (As of March 31, 2025)</div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Fund net assets</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;"><span style="float: none;">$</span>8,078,141</td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Total number of portfolio holdings</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;">50</td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Portfolio turnover rate</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;">9<span>%</span></td> </tr> </table> 8078141 50 0.09 <div style="margin-top: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt;">WHAT DID THE FUND INVEST IN? (As of March 31, 2025)</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; margin-bottom: 10pt; font-kerning: none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div> <div style="border-bottom-width: 1pt; border-bottom-style: solid; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; border-bottom-color: #000000; text-align: center; padding-bottom: 5pt; margin-top: 5pt; font-weight: bold; margin-bottom: 0px;"><b>Top Ten Holdings</b></div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Meta Platforms, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">8.9<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Microsoft Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">8.3<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Amazon.com, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">7.9<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Alphabet, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">7.5<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">NVIDIA Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">7.0<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Palantir Technologies, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.9<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">ASML Holding N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Adobe, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Taiwan Semiconductor Manufacturing Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Oracle Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">3.9<span>%</span></td> </tr> </table> <div style="border-bottom-width: 1pt; border-bottom-style: solid; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; border-bottom-color: #000000; text-align: center; padding-bottom: 5pt; margin-bottom: 5pt; font-weight: bold; margin-top: 3pt;"><b>Sector Allocation</b></div> <div style="padding-left: 10pt; padding-right: 0px;"><img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_10021952.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width: 1pt; border-bottom-style: solid; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; border-bottom-color: #000000; text-align: center; padding-bottom: 5pt; margin-top: 5pt; font-weight: bold; margin-bottom: 0px;"><b>Top Ten Holdings</b></div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid-page;"> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Meta Platforms, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">8.9<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Microsoft Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">8.3<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Amazon.com, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">7.9<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Alphabet, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">7.5<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">NVIDIA Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">7.0<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Palantir Technologies, Inc., Class A</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.9<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">ASML Holding N.V.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.4<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Adobe, Inc.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.2<span>%</span></td> </tr> <tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Taiwan Semiconductor Manufacturing Co., Ltd.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">4.0<span>%</span></td> </tr> <tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"> <td style="break-inside: avoid-page; vertical-align: middle; text-align: left; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Oracle Corp.</td> <td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">3.9<span>%</span></td> </tr> </table> 0.089 0.083 0.079 0.075 0.070 0.049 0.044 0.042 0.040 0.039 Annualized. Annualized. Annualized. Annualized. Annualized. Annualized. Annualized. Annualized. Annualized. Annualized. Annualized. Annualized. Annualized. Annualized. The Fund commenced investment operations on November 20, 2024. Had the Fund been in operation for a complete six months, the cost of a $10,000 investment would have been higher. Annualized. Annualized. Annualized. Annualized. Annualized. Annualized.