# EDGAR Filing Document

**Accession Number:** 0001552740
**File Stem:** 0000940400-26-007573
**Filing Date:** 2026-2
**Character Count:** 215082
**Document Hash:** 4bb5e68a7deab271d1990b68eff2cb8f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007573.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0000940400-26-007573

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND VI
- **CENTRAL INDEX KEY:** 0001552740

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22717
- **FILM NUMBER:** 26675771

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE, SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE, SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

## Series and Classes Contracts Data

### First Trust Dorsey Wright International Focus 5 ETF (Series ID: S000046116)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000144324 | First Trust Dorsey Wright International Focus 5 ETF | IFV             |

## Nport-Ex

**First Trust NASDAQ Technology Dividend Index Fund (TDIV)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Communications Equipment** <br> **— 5.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 963317 | Cisco Systems, Inc. | $74204308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106571 | Ituran Location and Control Ltd. | 4583619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200492 | Motorola Solutions, Inc. | 76852593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2340972 | Nokia Oyj, ADR | 15146089 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1508222 | &nbsp;&nbsp;&nbsp; Telefonaktiebolaget LM <br> Ericsson, ADR | 14554342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30616 | Ubiquiti, Inc. | 16941364 |
|  |  | 202282315 |
|  | **Diversified Telecommunication** <br> **Services — 9.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2848486 | AT&T, Inc. | 70756392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85443 | &nbsp;&nbsp;&nbsp; Chunghwa Telecom Co., Ltd., <br> ADR | 3563828 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1176015 | &nbsp;&nbsp;&nbsp; Cogent Communications <br> Holdings, Inc. | 25354883 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2776981 | Comcast Corp., Class A | 83003962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 413165 | Iridium Communications, Inc. | 7180808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57002 | &nbsp;&nbsp;&nbsp; Shenandoah <br> Telecommunications Co. | 658943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 342574 | Telefonica Brasil S.A., ADR | 4062928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 991903 | Telefonica S.A., ADR | 4017207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 290882 | &nbsp;&nbsp;&nbsp; Telkom Indonesia Persero Tbk <br> PT, ADR | 6123066 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5636322 | TELUS Corp. | 74230361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1802910 | Verizon Communications, Inc. | 73432524 |
|  |  | 352384902 |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 4.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 312678 | Amphenol Corp., Class A | 42255305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125092 | Avnet, Inc. | 6014423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36809 | Benchmark Electronics, Inc. | 1573953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 123075 | CDW Corp. | 16762815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1693 | Climb Global Solutions, Inc. | 174024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 621918 | Corning, Inc. | 54455140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136516 | Ingram Micro Holding Corp. | 2913251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13046 | PC Connection, Inc. | 753537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50096 | TD SYNNEX Corp. | 7525922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 192958 | TE Connectivity PLC | 43899875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 197057 | Vishay Intertechnology, Inc. | 2855356 |
|  |  | 179183601 |
|  | **Interactive Media & Services** <br> **— 0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 141761 | JOYY, Inc., ADR | 9180442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 220296 | Match Group, Inc. | 7113358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 399594 | Weibo Corp., ADR | 4083851 |
|  |  | 20377651 |
|  | **IT Services — 9.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 199131 | Amdocs Ltd. | 16032037 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **IT Services (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 416602 | &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions <br> Corp., Class A | $34577966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37649 | Hackett Group (The), Inc. | 739050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 960757 | &nbsp;&nbsp;&nbsp; International Business Machines <br> Corp. | 284585831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 622813 | Wipro Ltd., ADR | 1768789 |
|  |  | 337703673 |
|  | **Professional Services — 2.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 124797 | Concentrix Corp. | 5189059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24878 | CSG Systems International, Inc. | 1907894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108363 | KBR, Inc. | 4356193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58377 | Leidos Holdings, Inc. | 10531211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27867 | Paycom Software, Inc. | 4440885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100238 | RELX PLC, ADR | 4051620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43085 | &nbsp;&nbsp;&nbsp; Science Applications <br> International Corp. | 4336936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 157945 | &nbsp;&nbsp;&nbsp; SS&C Technologies Holdings, <br> Inc. | 13807552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 416465 | Thomson Reuters Corp. | 54927569 |
|  |  | 103548919 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 35.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 122527 | Amkor Technology, Inc. | 4837366 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 391471 | Analog Devices, Inc. | 106166935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 296227 | Applied Materials, Inc. | 76127377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 204111 | &nbsp;&nbsp;&nbsp; ASE Technology Holding Co., <br> Ltd., ADR | 3286187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 735732 | Broadcom, Inc. | 254636845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42869 | Entegris, Inc. | 3611713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 277283 | Himax Technologies, Inc., ADR | 2270948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43889 | KLA Corp. | 53328646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51908 | Kulicke & Soffa Industries, Inc. | 2364928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 417121 | Lam Research Corp. | 71402773 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1001119 | Microchip Technology, Inc. | 63791303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20209 | Monolithic Power Systems, Inc. | 18316629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 285562 | NXP Semiconductors N.V. | 61984088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75441 | Power Integrations, Inc. | 2681173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 881880 | QUALCOMM, Inc. | 150845574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41067 | &nbsp;&nbsp;&nbsp; Silicon Motion Technology <br> Corp., ADR | 3806911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 345468 | Skyworks Solutions, Inc. | 21906126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81295 | STMicroelectronics N.V. | 2108792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 508509 | &nbsp;&nbsp;&nbsp; Taiwan Semiconductor <br> Manufacturing Co., Ltd., ADR | 154530800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1528820 | Texas Instruments, Inc. | 265234982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 334957 | &nbsp;&nbsp;&nbsp; United Microelectronics Corp., <br> ADR | 2632762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38150 | Universal Display Corp. | 4455157 |
|  |  | 1330328015 |

---

------

**First Trust NASDAQ Technology Dividend Index Fund (TDIV)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Software — 21.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54516 | A10 Networks, Inc. | $964388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96556 | Adeia, Inc. | 1665591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74836 | Clear Secure, Inc., Class A | 2625247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64936 | &nbsp;&nbsp;&nbsp; Dolby Laboratories, Inc., <br> Class A | 4170190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 637689 | Gen Digital, Inc. | 17338764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17150 | InterDigital, Inc. | 5460217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99560 | Intuit, Inc. | 65950535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46767 | Karooooo Ltd. | 2127899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65315 | Magic Software Enterprises Ltd. | 1681861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 602571 | Microsoft Corp. | 291415387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61193 | OneSpan, Inc. | 785718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 434067 | Open Text Corp. | 14141903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116642 | Opera Ltd., ADR | 1651651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1322436 | Oracle Corp. | 257756001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42423 | Roper Technologies, Inc. | 18883750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 371117 | Salesforce, Inc. | 98312604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36996 | SAP SE, ADR | 8986698 |
|  |  | 793918404 |
|  | **Technology Hardware, Storage** <br> **& Peripherals — 5.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 267288 | Dell Technologies, Inc., Class C | 33646214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1710848 | Hewlett Packard Enterprise Co. | 41094569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2416294 | HP, Inc. | 53835030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112887 | Logitech International S.A. | 11313535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 201380 | NetApp, Inc. | 21565784 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 121221 | &nbsp;&nbsp;&nbsp; Seagate Technology <br> Holdings PLC | 33383051 |
|  |  | 194838183 |
|  | **Wireless Telecommunication** <br> **Services — 5.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 893035 | &nbsp;&nbsp;&nbsp; Millicom International Cellular <br> S.A. | 49509860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1324111 | &nbsp;&nbsp;&nbsp; Mobile TeleSystems PJSC, <br> ADR (a) (b) (c) (d) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1777369 | &nbsp;&nbsp;&nbsp; Rogers Communications, Inc., <br> Class B | 67060132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 354613 | T-Mobile US, Inc. | 72000624 |
|  |  | 188570616 |
|  | **Total Common Stocks** | 3703136279 |
|  | (Cost $2,814,616,795) |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1972817 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (e) | $1972817 |
|  | (Cost $1,972,817) |  |
|  | **Total Investments — 99.9%** | 3705109096 |
|  | (Cost $2,816,589,612) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.1%** | 3182137 |
|  | **Net Assets — 100.0%** | $3708291233 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by First Trust Advisors L.P., the Fund's advisor.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At December 31, 2025, securities noted as such are valued at $0 or 0.0% of net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security's value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section).

&nbsp;&nbsp;&nbsp;&nbsp;(e) Rate shown reflects yield as of December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Abbreviations throughout the Portfolio of Investments: <br> ADR – American Depositary Receipt

------

**First Trust NASDAQ Technology Dividend Index Fund (TDIV)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wireless <br> Telecommunication <br> Services<br>| $188570616 | &nbsp;&nbsp; $188570616 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $—<br> \*\*<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Industry <br> Categories\*<br>| 3514565663 | &nbsp;&nbsp; 3514565663 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Money Market <br> Funds<br>| 1972817 | &nbsp;&nbsp; 1972817 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $3705109096 | &nbsp;&nbsp; $3705109096 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $—<br> \*\*<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

\*\* Investment is valued at $0.

Level 3 investments are fair valued by the Advisor's Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.

------

**Multi-Asset Diversified Income Index Fund (MDIV)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 20.7%** | **COMMON STOCKS — 20.7%** | **COMMON STOCKS — 20.7%** |
|  | **Banks — 4.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20549 | Bank of Hawaii Corp. | $1404935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69111 | CVB Financial Corp. | 1285465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59334 | First Busey Corp. | 1411556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52013 | First Financial Bancorp | 1301365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53133 | First Hawaiian, Inc. | 1344265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33930 | First Merchants Corp. | 1271696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76938 | Huntington Bancshares, Inc. | 1334874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 178395 | Northwest Bancshares, Inc. | 2140740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51470 | Regions Financial Corp. | 1394837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31302 | Truist Financial Corp. | 1540372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27552 | U.S. Bancorp | 1470175 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34679 | United Bankshares, Inc. | 1331674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47585 | WesBanco, Inc. | 1581725 |
|  |  | 18813679 |
|  | **Beverages — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8853 | Constellation Brands, Inc., Class A | 1221360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28415 | Molson Coors Beverage Co., Class B | 1326412 |
|  |  | 2547772 |
|  | **Capital Markets — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78266 | Franklin Resources, Inc. | 1869775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21458 | Main Street Capital Corp. | 1295848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15024 | T. Rowe Price Group, Inc. | 1538157 |
|  |  | 4703780 |
|  | **Chemicals — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37021 | DuPont de Nemours, Inc. | 1488244 |
|  | **Containers & Packaging — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38336 | Sonoco Products Co. | 1672983 |
|  | **Diversified Telecommunication Services — 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53830 | AT&T, Inc. | 1337137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54649 | Comcast Corp., Class A | 1633459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52046 | Verizon Communications, Inc. | 2119833 |
|  |  | 5090429 |
|  | **Electric Utilities — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18723 | Eversource Energy | 1260620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13900 | Pinnacle West Capital Corp. | 1232930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27578 | Portland General Electric Co. | 1323468 |
|  |  | 3817018 |
|  | **Financial Services — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 357965 | Western Union (The) Co. | 3332654 |
|  | **Food Products — 2.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53053 | Campbell's (The) Co. | 1478587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142495 | Conagra Brands, Inc. | 2466588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34246 | General Mills, Inc. | 1592439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12564 | J.M. Smucker (The) Co. | 1228885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79210 | Kraft Heinz (The) Co. | 1920843 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20929 | Tyson Foods, Inc., Class A | 1226858 |
|  |  | 9914200 |

---

------

**Multi-Asset Diversified Income Index Fund (MDIV)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Gas Utilities — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26760 | New Jersey Resources Corp. | $1234171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27212 | Northwest Natural Holding Co. | 1271889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35433 | UGI Corp. | 1326257 |
|  |  | 3832317 |
|  | **Hotels, Restaurants & Leisure — 0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 337571 | Wendy's (The) Co. | 2811966 |
|  | **Household Products — 0.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12659 | Clorox (The) Co. | 1276407 |
|  | **Independent Power and Renewable Electricity Producers — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52959 | Clearway Energy, Inc., Class A | 1663972 |
|  | **Insurance — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27292 | CNA Financial Corp. | 1302920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14840 | Prudential Financial, Inc. | 1675139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21638 | Safety Insurance Group, Inc. | 1685817 |
|  |  | 4663876 |
|  | **Media — 0.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32963 | John Wiley & Sons, Inc., Class A | 1009657 |
|  | **Multi-Utilities — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17868 | Black Hills Corp. | 1240396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22635 | Dominion Energy, Inc. | 1326185 |
|  |  | 2566581 |
|  | **Oil, Gas & Consumable Fuels — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26117 | ONEOK, Inc. | 1919600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63478 | Viper Energy, Inc., Class A | 2452155 |
|  |  | 4371755 |
|  | **Pharmaceuticals — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34170 | Bristol-Myers Squibb Co. | 1843130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84171 | Pfizer, Inc. | 2095858 |
|  |  | 3938988 |
|  | **Tobacco — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38675 | Altria Group, Inc. | 2230001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38076 | Universal Corp. | 2008509 |
|  |  | 4238510 |
|  | **Total Common Stocks** | 81754788 |
|  | (Cost $82,893,384) |  |
| **EXCHANGE-TRADED FUNDS — 20.1%** | **EXCHANGE-TRADED FUNDS — 20.1%** | **EXCHANGE-TRADED FUNDS — 20.1%** |
|  | **Capital Markets — 20.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1897242 | First Trust Tactical High Yield ETF (a) | 79418550 |
|  | (Cost $88,349,311) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Shares** | **Description** | **Stated** <br>**Rate**<br>| **Stated** <br>**Maturity**<br>| **Value** |
| **$25 PAR PREFERRED SECURITIES — 19.9%** | **$25 PAR PREFERRED SECURITIES — 19.9%** | **$25 PAR PREFERRED SECURITIES — 19.9%** | **$25 PAR PREFERRED SECURITIES — 19.9%** | **$25 PAR PREFERRED SECURITIES — 19.9%** |
|  | **Banks — 0.8%**  | **Banks — 0.8%**  | **Banks — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125864 | Fifth Third Bancorp, Series I (b) | 7.97% | (c) | 3220860 |
|  | **Capital Markets — 3.3%**  | **Capital Markets — 3.3%**  | **Capital Markets — 3.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110272 | Affiliated Managers Group, Inc. | 6.75% | 03/30/64 | 2679610 |

---

------

**Multi-Asset Diversified Income Index Fund (MDIV)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Shares** | **Description** | **Stated**<br> **Rate**<br>| **Stated**<br> **Maturity**<br>| **Value** |
| **$25 PAR PREFERRED SECURITIES (Continued)** | **$25 PAR PREFERRED SECURITIES (Continued)** | **$25 PAR PREFERRED SECURITIES (Continued)** | **$25 PAR PREFERRED SECURITIES (Continued)** | **$25 PAR PREFERRED SECURITIES (Continued)** |
|  | **Capital Markets (Continued)**  | **Capital Markets (Continued)**  | **Capital Markets (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107487 | Morgan Stanley, Series E | 7.13% | (c) | $2714047 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106345 | Morgan Stanley, Series F | 6.88% | (c) | 2670323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99278 | Morgan Stanley, Series I | 6.38% | (c) | 2481950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 102250 | TPG Operating Group II, L.P. | 6.95% | 03/15/64 | 2540912 |
|  |  |  |  | 13086842 |
|  | **Consumer Finance — 0.8%**  | **Consumer Finance — 0.8%**  | **Consumer Finance — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116402 | Synchrony Financial, Series B (b) | 8.25% | (c) | 3060209 |
|  | **Financial Services — 1.6%**  | **Financial Services — 1.6%**  | **Financial Services — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 106957 | Apollo Global Management, Inc. (b) | 7.63% | 09/15/53 | 2817248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120581 | &nbsp;&nbsp;&nbsp; Citigroup Capital XIII, 3 Mo. CME Term SOFR + CSA + <br> 6.37% (d) | 10.47% | 10/30/40 | 3641546 |
|  |  |  |  | 6458794 |
|  | **Food Products — 1.4%**  | **Food Products — 1.4%**  | **Food Products — 1.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110357 | CHS, Inc., Series 1 | 7.88% | (c) | 2867075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111929 | CHS, Inc., Series 4 | 7.50% | (c) | 2838519 |
|  |  |  |  | 5705594 |
|  | **Hotel & Resort REITs — 0.8%**  | **Hotel & Resort REITs — 0.8%**  | **Hotel & Resort REITs — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120889 | RLJ Lodging Trust, Series A | 1.95% | (c) | 3010136 |
|  | **Insurance — 3.7%**  | **Insurance — 3.7%**  | **Insurance — 3.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112559 | Allstate (The) Corp., 3 Mo. CME Term SOFR + CSA + 3.17% (d) | 7.08% | 01/15/53 | 2913027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110750 | Athene Holding Ltd. (b) | 7.25% | 03/30/64 | 2770965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111676 | F&G Annuities & Life, Inc. | 7.95% | 12/15/53 | 2842154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120649 | Lincoln National Corp., Series D | 9.00% | (c) | 3237013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 105665 | Reinsurance Group of America, Inc. (b) | 7.13% | 10/15/52 | 2688117 |
|  |  |  |  | 14451276 |
|  | **Mortgage REITs — 6.7%**  | **Mortgage REITs — 6.7%**  | **Mortgage REITs — 6.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149322 | &nbsp;&nbsp;&nbsp; AGNC Investment Corp., Series C, 3 Mo. CME Term SOFR + CSA <br> + 5.11% (d) | 9.28% | (c) | 3771874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150290 | &nbsp;&nbsp;&nbsp; AGNC Investment Corp., Series E, 3 Mo. CME Term SOFR + CSA <br> + 4.99% (d) | 9.16% | (c) | 3758753 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 144084 | &nbsp;&nbsp;&nbsp; Annaly Capital Management, Inc., Series F, 3 Mo. CME Term <br> SOFR + CSA + 4.99% (d) | 8.91% | (c) | 3668378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 137242 | &nbsp;&nbsp;&nbsp; Annaly Capital Management, Inc., Series G, 3 Mo. CME Term <br> SOFR + CSA + 4.17% (d) | 8.09% | (c) | 3421443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145853 | &nbsp;&nbsp;&nbsp; Annaly Capital Management, Inc., Series I, 3 Mo. CME Term <br> SOFR + CSA + 4.99% (d) | 8.90% | (c) | 3729461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 173312 | &nbsp;&nbsp;&nbsp; Chimera Investment Corp., Series B, 3 Mo. CME Term SOFR + <br> CSA + 5.79% (d) | 9.74% | (c) | 4029504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 160798 | &nbsp;&nbsp;&nbsp; Rithm Capital Corp., Series B, 3 Mo. CME Term SOFR + CSA + <br> 5.64% (d) | 9.75% | (c) | 4109997 |
|  |  |  |  | 26489410 |
|  | **Multi-Utilities — 0.8%**  | **Multi-Utilities — 0.8%**  | **Multi-Utilities — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 129589 | &nbsp;&nbsp;&nbsp; Algonquin Power & Utilities Corp., Series 19-A, 3 Mo. CME Term <br> SOFR + CSA + 4.01% (d) | 8.86% | 07/01/79 | 3298040 |
|  | **Total $25 Par Preferred Securities** | **Total $25 Par Preferred Securities** | **Total $25 Par Preferred Securities** | 78781161 |
|  | (Cost $80,518,292) | (Cost $80,518,292) | (Cost $80,518,292) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

**Multi-Asset Diversified Income Index Fund (MDIV)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **REAL ESTATE INVESTMENT TRUSTS — 19.8%** | **REAL ESTATE INVESTMENT TRUSTS — 19.8%** | **REAL ESTATE INVESTMENT TRUSTS — 19.8%** |
|  | **Diversified REITs — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 197572 | Alexander & Baldwin, Inc. | $4077886 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 199248 | American Assets Trust, Inc. | 3771765 |
|  |  | 7849651 |
|  | **Health Care REITs — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33494 | National Health Investors, Inc. | 2557937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76090 | Omega Healthcare Investors, Inc. | 3373830 |
|  |  | 5931767 |
|  | **Hotel & Resort REITs — 2.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 362425 | Apple Hospitality REIT, Inc. | 4294736 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 155210 | Host Hotels & Resorts, Inc. | 2751873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30393 | Ryman Hospitality Properties, Inc. | 2875786 |
|  |  | 9922395 |
|  | **Mortgage REITs — 2.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 552532 | Apollo Commercial Real Estate Finance, Inc. | 5348510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 434733 | Rithm Capital Corp. | 4738590 |
|  |  | 10087100 |
|  | **Office REITs — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76593 | COPT Defense Properties | 2129285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65316 | Kilroy Realty Corp. | 2440859 |
|  |  | 4570144 |
|  | **Retail REITs — 3.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92152 | Brixmor Property Group, Inc. | 2416226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25560 | Federal Realty Investment Trust | 2576448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 128378 | Kimco Realty Corp. | 2602222 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77295 | NNN REIT, Inc. | 3063201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31493 | Regency Centers Corp. | 2173962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14140 | Simon Property Group, Inc. | 2617455 |
|  |  | 15449514 |
|  | **Specialized REITs — 6.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81267 | CubeSmart | 2929675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74849 | EPR Properties | 3734965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19966 | Extra Space Storage, Inc. | 2599972 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136917 | Four Corners Property Trust, Inc. | 3157306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86813 | Gaming and Leisure Properties, Inc. | 3879673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8598 | Public Storage | 2231181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 123247 | Rayonier, Inc. | 2668298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 110789 | VICI Properties, Inc. | 3115387 |
|  |  | 24316457 |
|  | **Total Real Estate Investment Trusts** | 78127028 |
|  | (Cost $79,100,483) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Units** | **Description** | **Value** |
| **MASTER LIMITED PARTNERSHIPS — 18.8%** | **MASTER LIMITED PARTNERSHIPS — 18.8%** | **MASTER LIMITED PARTNERSHIPS — 18.8%** |
|  | **Energy Equipment & Services — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 139072 | USA Compression Partners, L.P. | 3198656 |
|  | **Industrial Conglomerates — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 782636 | Icahn Enterprises, L.P. | 5908902 |

---

------

**Multi-Asset Diversified Income Index Fund (MDIV)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Units** | **Description** | **Value** |
| **MASTER LIMITED PARTNERSHIPS (Continued)** | **MASTER LIMITED PARTNERSHIPS (Continued)** | **MASTER LIMITED PARTNERSHIPS (Continued)** |
|  | **Marine Transportation — 0.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2763 | Navios Maritime Partners, L.P. | $144864 |
|  | **Oil, Gas & Consumable Fuels — 16.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 167092 | Alliance Resource Partners, L.P. | 3881547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 284180 | Black Stone Minerals, L.P. | 3776752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42445 | Cheniere Energy Partners, L.P. | 2269959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 179366 | CrossAmerica Partners, L.P. | 3694940 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80056 | Delek Logistics Partners, L.P. | 3572099 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138840 | Dorchester Minerals, L.P. | 3104462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 171251 | Energy Transfer, L.P. | 2823929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79077 | Enterprise Products Partners, L.P. | 2535209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55033 | Global Partners, L.P. | 2303131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 91422 | Hess Midstream, L.P., Class A (e) | 3154059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 371647 | Kimbell Royalty Partners, L.P. (e) | 4370569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 537648 | Mach Natural Resources, L.P. | 5935634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51199 | MPLX, L.P. | 2732491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10161 | Natural Resource Partners, L.P. | 1060808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195868 | Plains All American Pipeline, L.P. | 3517789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 175196 | Plains GP Holdings, L.P., Class A (e) | 3353251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56416 | Sunoco, L.P. | 2956763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 506720 | TXO Partners, L.P. | 5406702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 112189 | Western Midstream Partners, L.P. | 4431465 |
|  |  | 64881559 |
|  | **Total Master Limited Partnerships** | 74133981 |
|  | (Cost $60,347,632) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.4%** | **MONEY MARKET FUNDS — 0.4%** | **MONEY MARKET FUNDS — 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1735319 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.65% (f) | 1735319 |
|  | (Cost $1,735,319) |  |
|  | **Total Investments — 99.7%** | 393950827 |
|  | (Cost $392,944,421) |  |
|  | **Net Other Assets and Liabilities — 0.3%** | 1378903 |
|  | **Net Assets — 100.0%** | $395329730 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Investment in an affiliated fund.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Fixed-to-floating or fixed-to-variable rate security. The interest rate shown reflects
 the fixed rate in effect at December 31, 2025. At a predetermined date, the fixed rate will change to a floating rate or a variable
 rate.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Perpetual maturity.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Floating or variable rate security.

&nbsp;&nbsp;&nbsp;&nbsp;(e) This security is taxed as a "C" corporation for federal income tax purposes.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Rate shown reflects yield as of December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| CME | – Chicago Mercantile Exchange |
| CSA | – Credit Spread Adjustment |
| REITs | – Real Estate Investment Trusts |
| SOFR | – Secured Overnight Financing Rate |

---

------

**Multi-Asset Diversified Income Index Fund (MDIV)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| &nbsp;&nbsp;&nbsp; **Level 1** <br>**Quoted** <br>**Prices**<br>| &nbsp;&nbsp;&nbsp; **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| &nbsp;&nbsp;&nbsp; **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | &nbsp;&nbsp; $81754788 | &nbsp;&nbsp;&nbsp;&nbsp; $81754788 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— |
| Exchange-Traded Funds\* | &nbsp;&nbsp; 79418550 | &nbsp;&nbsp;&nbsp;&nbsp; 79418550 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| $25 Par Preferred Securities\* | &nbsp;&nbsp; 78781161 | &nbsp;&nbsp;&nbsp;&nbsp; 78781161 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Real Estate Investment Trusts\* | &nbsp;&nbsp; 78127028 | &nbsp;&nbsp;&nbsp;&nbsp; 78127028 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Master Limited Partnerships\* | &nbsp;&nbsp; 74133981 | &nbsp;&nbsp;&nbsp;&nbsp; 74133981 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Money Market Funds | &nbsp;&nbsp; 1735319 | &nbsp;&nbsp;&nbsp;&nbsp; 1735319 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Total Investments | &nbsp;&nbsp; $393950827 | &nbsp;&nbsp;&nbsp;&nbsp; $393950827 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**Affiliated Transactions**

Amounts relating to investments in affiliated funds at December 31, 2025, and for the fiscal year-to-date period (October 1, 2025 to December 31, 2025) are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Security Name | Shares at <br>12/31/2025<br>| Value at <br>9/30/2025<br>| Purchases | Sales | Change in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Realized <br>Gain <br>(Loss)<br>| Value at <br>12/31/2025<br>| Dividend <br>Income<br>|
| &nbsp;&nbsp;&nbsp; First Trust Tactical High Yield <br> ETF<br>| 1897242 | $87014275 | $695448 | $(7891583)<br>| $(130297)<br>| $(269293)<br>| $79418550 | $1346304 |

---

------

**First Trust S&P International Dividend Aristocrats ETF (FID)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) — 99.5%** | **COMMON STOCKS (a) — 99.5%** | **COMMON STOCKS (a) — 99.5%** |
|  | **Air Freight & Logistics —** <br> **1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42542 | DHL Group (EUR) | $2336280 |
|  | **Automobile Components —** <br> **3.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32293 | Magna International, Inc. (CAD) | 1721525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80600 | Toyo Tire Corp. (JPY) | 2230599 |
|  |  | 3952124 |
|  | **Banks — 9.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1688379 | &nbsp;&nbsp;&nbsp; Bank of Communications Co., <br> Ltd., Class H (HKD) | 1399263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9204 | Bank of Montreal (CAD) | 1195303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21576 | &nbsp;&nbsp;&nbsp; Bank of Nova Scotia (The) <br> (CAD) | 1591300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10590 | &nbsp;&nbsp;&nbsp; Banque Cantonale Vaudoise <br> (CHF) | 1342300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13559 | &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of <br> Commerce (CAD) | 1229206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 207688 | &nbsp;&nbsp;&nbsp; China Merchants Bank Co., Ltd., <br> Class H (HKD) | 1409013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67622 | DNB Bank ASA (NOK) | 1888451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19501 | &nbsp;&nbsp;&nbsp; Toronto-Dominion Bank (The) <br> (CAD) | 1837929 |
|  |  | 11892765 |
|  | **Broadline Retail — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12013 | &nbsp;&nbsp;&nbsp; Canadian Tire Corp. Ltd., <br> Class A (CAD) | 1522379 |
|  | **Capital Markets — 4.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71399 | IG Group Holdings PLC (GBP) | 1265582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31616 | IGM Financial, Inc. (CAD) | 1423762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13156 | Julius Baer Group Ltd. (CHF) | 1036403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 329289 | Schroders PLC (GBP) | 1806524 |
|  |  | 5532271 |
|  | **Chemicals — 2.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114100 | Mitsui Chemicals, Inc. (JPY) | 1458301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142900 | Zeon Corp. (JPY) | 1632530 |
|  |  | 3090831 |
|  | **Construction & Engineering** <br> **— 2.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59391 | Bouygues S.A. (EUR) | 3095462 |
|  | **Consumer Finance — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10094 | Cembra Money Bank AG (CHF) | 1266051 |
|  | **Diversified Telecommunication** <br> **Services — 8.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34408 | Elisa Oyj (EUR) | 1526063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 309047 | &nbsp;&nbsp;&nbsp; Emirates Telecommunications <br> Group Co. PJSC (AED) | 1543237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 259835 | LG Uplus Corp. (KRW) | 2655077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54460 | Quebecor, Inc., Class B (CAD) | 2051351 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Diversified Telecommunication** <br> **Services (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2224 | Swisscom AG (CHF) | $1615846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 165705 | TELUS Corp. (CAD) | 2183967 |
|  |  | 11575541 |
|  | **Electric Utilities — 12.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 182672 | &nbsp;&nbsp;&nbsp; CK Infrastructure Holdings Ltd. <br> (HKD) | 1351961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 162276 | CLP Holdings Ltd. (HKD) | 1451220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 581052 | EDP S.A. (EUR) | 2673363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40981 | Emera, Inc. (CAD) | 2019566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 255205 | Enel S.p.A. (EUR) | 2662359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27770 | Fortis, Inc. (CAD) | 1443785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 224155 | &nbsp;&nbsp;&nbsp; Power Assets Holdings Ltd. <br> (HKD) | 1588414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 259620 | Saudi Electricity Co. (SAR) | 972502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158980 | &nbsp;&nbsp;&nbsp; Terna-Rete Elettrica Nazionale <br> (EUR) | 1691587 |
|  |  | 15854757 |
|  | **Financial Services — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2521740 | Far East Horizon Ltd. (HKD) | 2605110 |
|  | **Gas Utilities — 2.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 538323 | APA Group (AUD) | 3222480 |
|  | **Health Care Equipment &** <br> **Supplies — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2204603 | &nbsp;&nbsp;&nbsp; Shandong Weigao Group <br> Medical Polymer Co., Ltd., <br> Class H (HKD) | 1422014 |
|  | **Independent Power and** <br> **Renewable Electricity** <br>**Producers — 1.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72523 | ERG S.p.A. (EUR) | 1873332 |
|  | **Industrial Conglomerates —** <br> **1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23809 | LG Corp. (KRW) | 1333787 |
|  | **Industrial REITs — 2.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 754280 | &nbsp;&nbsp;&nbsp; LondonMetric Property PLC <br> (GBP) | 1928733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73246 | &nbsp;&nbsp;&nbsp; Warehouses De Pauw C.V.A. <br> (EUR) | 1904059 |
|  |  | 3832792 |
|  | **Insurance — 9.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2962 | Allianz SE (EUR) | 1359306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29226 | Great-West Lifeco, Inc. (CAD) | 1441338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4845 | &nbsp;&nbsp;&nbsp; Helvetia Baloise Holding AG <br> (CHF) | 1279604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 629865 | &nbsp;&nbsp;&nbsp; Legal & General Group PLC <br> (GBP) | 2223592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 217723 | &nbsp;&nbsp;&nbsp; Ping An Insurance Group Co. of <br> China Ltd., Class H (HKD) | 1822588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33864 | Power Corp. of Canada (CAD) | 1799846 |

---

------

**First Trust S&P International Dividend Aristocrats ETF (FID)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (Continued)** | **COMMON STOCKS (a) (Continued)** | **COMMON STOCKS (a) (Continued)** |
|  | **Insurance (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1185 | Swiss Life Holding AG (CHF) | $1371554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1651 | &nbsp;&nbsp;&nbsp; Zurich Insurance Group AG <br> (CHF) | 1254351 |
|  |  | 12552179 |
|  | **Machinery — 2.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34500 | &nbsp;&nbsp;&nbsp; Takeuchi Manufacturing Co., <br> Ltd. (JPY) | 1486689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60598 | Valmet Oyj (EUR) | 2017512 |
|  |  | 3504201 |
|  | **Metals & Mining — 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24400 | Yamato Kogyo Co., Ltd. (JPY) | 1665194 |
|  | **Multi-Utilities — 4.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 545216 | A2A S.p.A. (EUR) | 1480103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35835 | Atco Ltd., Class I (CAD) | 1471988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62710 | &nbsp;&nbsp;&nbsp; Canadian Utilities Ltd., Class A <br> (CAD) | 1952277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 322994 | Hera S.p.A. (EUR) | 1525920 |
|  |  | 6430288 |
|  | **Office REITs — 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1946 | &nbsp;&nbsp;&nbsp; Japan Real Estate Investment <br> Corp. (JPY) | 1626222 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 4.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45618 | &nbsp;&nbsp;&nbsp; Canadian Natural Resources Ltd. <br> (CAD) | 1545139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45566 | Keyera Corp. (CAD) | 1460715 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39568 | Pembina Pipeline Corp. (CAD) | 1507421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29545 | TC Energy Corp. (CAD) | 1626907 |
|  |  | 6140182 |
|  | **Pharmaceuticals — 2.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136300 | &nbsp;&nbsp;&nbsp; Ono Pharmaceutical Co., Ltd. <br> (JPY) | 1890397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51700 | &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical Co., Ltd. <br> (JPY) | 1595821 |
|  |  | 3486218 |
|  | **Professional Services — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14562 | Teleperformance SE (EUR) | 1058283 |
|  | **Real Estate Management &** <br> **Development — 7.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 576683 | &nbsp;&nbsp;&nbsp; China Resources Land Ltd. <br> (HKD) | 2015467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 765663 | &nbsp;&nbsp;&nbsp; Henderson Land Development <br> Co., Ltd. (HKD) | 2768417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 238200 | &nbsp;&nbsp;&nbsp; Nomura Real Estate Holdings, <br> Inc. (JPY) | 1470502 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2164455 | Sino Land Co., Ltd. (HKD) | 2842295 |
|  |  | 9096681 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Retail REITs — 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3065 | &nbsp;&nbsp;&nbsp; Japan Metropolitan Fund Invest <br> (JPY) | $2428285 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 442661 | &nbsp;&nbsp;&nbsp; Vanguard International <br> Semiconductor Corp. (TWD) | 1297531 |
|  | **Tobacco — 1.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18887 | KT&G Corp. (KRW) | 1863068 |
|  | **Transportation Infrastructure** <br> **— 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1635717 | &nbsp;&nbsp;&nbsp; Jiangsu Expressway Co., Ltd., <br> Class H (HKD) | 2099633 |
|  | **Wireless Telecommunication** <br> **Services — 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45709 | &nbsp;&nbsp;&nbsp; Rogers Communications, Inc., <br> Class B (CAD) | 1725389 |
|  | **Total Investments — 99.5%** | 129381330 |
|  | (Cost $106,157,448) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.5%** | 660485 |
|  | **Net Assets — 100.0%** | $130041815 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Securities are issued in U.S. dollars unless otherwise indicated in the security description.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| AED | – United Arab Emirates Dirham |
| AUD | – Australian Dollar |
| CAD | – Canadian Dollar |
| CHF | – Swiss Franc |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| HKD | – Hong Kong Dollar |
| JPY | – Japanese Yen |
| KRW | – South Korean Won |
| NOK | – Norwegian Krone |
| REITs | – Real Estate Investment Trusts |
| SAR | – Saudi Riyal |
| TWD | – New Taiwan Dollar |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

**First Trust S&P International Dividend Aristocrats ETF (FID)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | |
|:---|:---|
| **Country Allocation**<sup>†</sup> <br>| **% of Net** <br>**Assets**<br>|
| Canada | &nbsp;&nbsp; 25.2% |
| Japan | &nbsp;&nbsp; 13.4 |
| Hong Kong | &nbsp;&nbsp;&nbsp; 8.7 |
| Italy | &nbsp;&nbsp;&nbsp; 7.1 |
| Switzerland | &nbsp;&nbsp;&nbsp; 7.0 |
| China | &nbsp;&nbsp;&nbsp; 6.3 |
| United Kingdom | &nbsp;&nbsp;&nbsp; 5.6 |
| South Korea | &nbsp;&nbsp;&nbsp; 4.5 |
| France | &nbsp;&nbsp;&nbsp; 3.2 |
| Germany | &nbsp;&nbsp;&nbsp; 2.8 |
| Finland | &nbsp;&nbsp;&nbsp; 2.7 |
| Australia | &nbsp;&nbsp;&nbsp; 2.5 |
| Portugal | &nbsp;&nbsp;&nbsp; 2.1 |
| Cayman Islands | &nbsp;&nbsp;&nbsp; 1.5 |
| Belgium | &nbsp;&nbsp;&nbsp; 1.5 |
| Norway | &nbsp;&nbsp;&nbsp; 1.5 |
| United Arab Emirates | &nbsp;&nbsp;&nbsp; 1.2 |
| Bermuda | &nbsp;&nbsp;&nbsp; 1.0 |
| Taiwan | &nbsp;&nbsp;&nbsp; 1.0 |
| Saudi Arabia | &nbsp;&nbsp;&nbsp; 0.7 |
| &nbsp;&nbsp;&nbsp; Total Investments | &nbsp;&nbsp; 99.5 |
| &nbsp;&nbsp;&nbsp; Net Other Assets and Liabilities | &nbsp;&nbsp;&nbsp; 0.5 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>†</sup> Portfolio securities are categorized based upon their country of incorporation, which can be different from the country categorization of the Fund's underlying index.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total** <br>**Investments**<br>|
| CAD | &nbsp;&nbsp; 25.3% |
| EUR | &nbsp;&nbsp; 19.5 |
| HKD | &nbsp;&nbsp; 17.6 |
| JPY | &nbsp;&nbsp; 13.5 |
| CHF | &nbsp;&nbsp;&nbsp; 7.1 |
| GBP | &nbsp;&nbsp;&nbsp; 5.6 |
| KRW | &nbsp;&nbsp;&nbsp; 4.5 |
| AUD | &nbsp;&nbsp;&nbsp; 2.5 |
| NOK | &nbsp;&nbsp;&nbsp; 1.5 |
| AED | &nbsp;&nbsp;&nbsp; 1.2 |
| TWD | &nbsp;&nbsp;&nbsp; 1.0 |
| SAR | &nbsp;&nbsp;&nbsp; 0.7 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $129381330 | &nbsp;&nbsp; $129381330 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Rising Dividend Achievers ETF (RDVY)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Aerospace & Defense — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1374938 | General Electric Co. | $423522152 |
|  | **Banks — 8.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3518560 | Bank of America Corp. | 193520800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3508817 | East West Bancorp, Inc. | 394355943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1221067 | JPMorgan Chase & Co. | 393452209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 435437 | M&T Bank Corp. | 87731847 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1826719 | &nbsp;&nbsp;&nbsp; PNC Financial Services Group <br> (The), Inc. | 381291057 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3620904 | Regions Financial Corp. | 98126498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1878737 | U.S. Bancorp | 100249406 |
|  |  | 1648727760 |
|  | **Beverages — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1344932 | Coca-Cola Consolidated, Inc. | 206178076 |
|  | **Broadline Retail — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3409766 | eBay, Inc. | 296990619 |
|  | **Capital Markets — 7.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 379694 | Ameriprise Financial, Inc. | 186179156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3543950 | &nbsp;&nbsp;&nbsp; Bank of New York Mellon (The) <br> Corp. | 411417156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 168415 | Blackrock, Inc. | 180261311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1632494 | Raymond James Financial, Inc. | 262162211 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3255289 | State Street Corp. | 419964834 |
|  |  | 1459984668 |
|  | **Commercial Services &** <br> **Supplies — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1770947 | Veralto Corp. | 176705092 |
|  | **Construction & Engineering** <br> **— 0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1472187 | AECOM | 140343587 |
|  | **Consumer Finance — 3.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1082152 | American Express Co. | 400342132 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3763993 | Synchrony Financial | 314029936 |
|  |  | 714372068 |
|  | **Consumer Staples Distribution** <br> **& Retail — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 277374 | Costco Wholesale Corp. | 239190695 |
|  | **Electrical Equipment — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 474686 | GE Vernova, Inc. | 310240529 |
|  | **Energy Equipment & Services** <br> **— 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7916320 | Baker Hughes Co. | 360509213 |
|  | **Entertainment — 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1212354 | Electronic Arts, Inc. | 247720293 |
|  | **Financial Services — 3.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1517338 | Equitable Holdings, Inc. | 72301155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 320868 | Mastercard, Inc., Class A | 183177124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 988224 | Visa, Inc., Class A | 346580039 |
|  |  | 602058318 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Food Products — 0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 856910 | Ingredion, Inc. | $94482897 |
|  | **Ground Transportation —** <br> **0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 980900 | Old Dominion Freight Line, Inc. | 153805120 |
|  | **Health Care Equipment &** <br> **Supplies — 2.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2617632 | Abbott Laboratories | 327963113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 693073 | ResMed, Inc. | 166940494 |
|  |  | 494903607 |
|  | **Health Care Providers &** <br> **Services — 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 422288 | Elevance Health, Inc. | 148033058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 113079 | McKesson Corp. | 92757573 |
|  |  | 240790631 |
|  | **Hotels, Restaurants & Leisure** <br> **— 2.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66449 | Booking Holdings, Inc. | 355856323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 360424 | Expedia Group, Inc. | 102111724 |
|  |  | 457968047 |
|  | **Household Durables — 3.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 658351 | D.R. Horton, Inc. | 94822295 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1464719 | Lennar Corp., Class A | 150573113 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3054812 | PulteGroup, Inc. | 358207255 |
|  |  | 603602663 |
|  | **Insurance — 11.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 762633 | Aflac, Inc. | 84095541 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1269419 | Allstate (The) Corp. | 264229565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1209469 | Chubb Ltd. | 377499464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 549861 | Cincinnati Financial Corp. | 89803299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2695476 | &nbsp;&nbsp;&nbsp; Hartford Insurance Group (The), <br> Inc. | 371436593 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2140644 | Lincoln National Corp. | 95322877 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1123144 | MetLife, Inc. | 88660987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1058154 | Progressive (The) Corp. | 240962829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1269237 | Travelers (The) Cos., Inc. | 368154884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3318072 | Unum Group | 257150580 |
|  |  | 2237316619 |
|  | **Interactive Media & Services** <br> **— 4.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1680936 | Alphabet, Inc., Class A | 526132968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 516493 | Meta Platforms, Inc., Class A | 340931864 |
|  |  | 867064832 |
|  | **IT Services — 3.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1216440 | Accenture PLC, Class A | 326370852 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3271020 | &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions <br> Corp., Class A | 271494660 |
|  |  | 597865512 |
|  | **Machinery — 7.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 955022 | Dover Corp. | 186458495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3877051 | Mueller Industries, Inc. | 445085455 |

---

------

**First Trust Rising Dividend Achievers ETF (RDVY)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Machinery (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3433353 | PACCAR, Inc. | $375986487 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1050254 | Snap-on, Inc. | 361917528 |
|  |  | 1369447965 |
|  | **Media — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1530618 | Fox Corp., Class A | 111842257 |
|  | **Pharmaceuticals — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 524090 | Johnson & Johnson | 108460425 |
|  | **Professional Services — 2.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1176252 | Automatic Data Processing, Inc. | 302567302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 952145 | Paycom Software, Inc. | 151733827 |
|  |  | 454301129 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 14.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1980855 | Applied Materials, Inc. | 509059926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 408422 | KLA Corp. | 496265404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3597903 | Lam Research Corp. | 615889036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 468140 | Monolithic Power Systems, Inc. | 424303370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2315562 | NVIDIA Corp. | 431852313 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1091430 | QUALCOMM, Inc. | 186689102 |
|  |  | 2664059151 |
|  | **Software — 3.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 754617 | Microsoft Corp. | 364947873 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1343171 | Salesforce, Inc. | 355819430 |
|  |  | 720767303 |
|  | **Specialty Retail — 4.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2319085 | Ross Stores, Inc. | 417759972 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1929410 | Williams-Sonoma, Inc. | 344573332 |
|  |  | 762333304 |
|  | **Technology Hardware, Storage** <br> **& Peripherals — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 738858 | Apple, Inc. | 200865936 |
|  | **Textiles, Apparel & Luxury** <br> **Goods — 0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 250886 | Ralph Lauren Corp. | 88715798 |
|  | **Total Common Stocks** | 19055136266 |
|  | (Cost $16,080,159,108) |  |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6687009 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (a) | $6687009 |
|  | (Cost $6,687,009) |  |
|  | **Total Investments — 100.0%** | 19061823275 |
|  | (Cost $16,086,846,117) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.0%** | 8979590 |
|  | **Net Assets — 100.0%** | $19070802865 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Rate shown reflects yield as of December 31, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $19055136266 | &nbsp;&nbsp; $19055136266 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| 6687009 | &nbsp;&nbsp; 6687009 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $19061823275 | &nbsp;&nbsp; $19061823275 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Dorsey Wright Focus 5 ETF (FV)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **EXCHANGE-TRADED FUNDS — 100.0%** | **EXCHANGE-TRADED FUNDS — 100.0%** | **EXCHANGE-TRADED FUNDS — 100.0%** |
|  | **Capital Markets (a) — 100.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2632921 | &nbsp;&nbsp;&nbsp; First Trust Dow Jones Internet <br> Index Fund (b) | $708729675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12024520 | &nbsp;&nbsp;&nbsp; First Trust Financials <br> AlphaDEX<sup>®</sup> Fund | 725679782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 17628894 | &nbsp;&nbsp;&nbsp; First Trust Indxx Aerospace & <br> Defense ETF | 754340374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5386827 | &nbsp;&nbsp;&nbsp; First Trust Nasdaq <br> Semiconductor ETF | 697781019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 16020204 | &nbsp;&nbsp;&nbsp; First Trust Utilities AlphaDEX<sup>®</sup> <br> Fund | 721069382 |
|  | **Total Exchange-Traded Funds** | 3607600232 |
|  | (Cost $3,139,414,884) |  |
| **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7628860 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (c) | 7628860 |
|  | (Cost $7,628,860) |  |
|  | **Total Investments — 100.2%** | 3615229092 |
|  | (Cost $3,147,043,744) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.2)%** | (6034676)<br>|
|  | **Net Assets — 100.0%** | $3609194416 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Represents investments in affiliated funds.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Rate shown reflects yield as of December 31, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| &nbsp;&nbsp; Exchange-Traded <br> Funds\*<br>| $3607600232 | &nbsp;&nbsp; $3607600232 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| 7628860 | &nbsp;&nbsp; 7628860 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $3615229092 | &nbsp;&nbsp; $3615229092 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Dorsey Wright Focus 5 ETF (FV)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

------

**Affiliated Transactions**

Amounts relating to investments in affiliated funds at December 31, 2025, and for the fiscal year-to-date period (October 1, 2025 to December 31, 2025) are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Security Name | Shares at <br>12/31/2025<br>| Value at <br>9/30/2025<br>| Purchases | Sales | Change in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Realized <br>Gain <br>(Loss)<br>| Value at <br>12/31/2025<br>| Dividend <br>Income<br>|
| &nbsp;&nbsp;&nbsp; First Trust Dow <br> Jones Internet <br> Index Fund<br>| 2632921 | $815144817 | $317138011 | $(390408494)<br>| $(75070420)<br>| $41925761 | $708729675 | $— |
| &nbsp;&nbsp;&nbsp; First Trust <br> Financials <br> AlphaDEX<sup>®</sup> <br> Fund<br>| 12024520 | 754892036 | 317529446 | (355905863)<br>| 2125117 | 7039046 | 725679782 | 5307382 |
| &nbsp;&nbsp;&nbsp; First Trust <br> Industrials/Producer <br> Durables <br> AlphaDEX<sup>®</sup> <br> Fund<br>|  | 748431552 | 315420590 | (1086629491)<br>| (231601943)<br>| 254379292 |  | 1941429 |
| &nbsp;&nbsp;&nbsp; First Trust Indxx <br> Aerospace & <br> Defense ETF<br>| 17628894 |  | 745710287 | (5958996)<br>| 14425976 | 163107 | 754340374 |  |
| &nbsp;&nbsp;&nbsp; First Trust <br> Nasdaq <br> Semiconductor <br> ETF<br>| 5386827 |  | 879565558 | (224865695)<br>| 47985775 | (4904619)<br>| 697781019 | 848337 |
| &nbsp;&nbsp;&nbsp; First Trust <br> NASDAQ-100 <br> Ex-Technology <br> Sector Index <br> Fund<br>|  | 684369920 | 137984617 | (812583968)<br>| (62818787)<br>| 53048218 |  |  |
| &nbsp;&nbsp;&nbsp; First Trust <br> Utilities <br> AlphaDEX<sup>®</sup> <br> Fund<br>| 16020204 | 700385954 | 299267084 | (271035784)<br>| (11951647)<br>| 4403775 | 721069382 | 6404079 |
|  |  | $3703224279 | $3012615593 | $(3147388291)<br>| $(316905929)<br>| $356054580 | $3607600232 | $14501227 |

---

------

**First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 100.0%** | **COMMON STOCKS — 100.0%** | **COMMON STOCKS — 100.0%** |
|  | **Aerospace & Defense — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6346 | RTX Corp. | $1163856 |
|  | **Air Freight & Logistics —** <br> **2.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10010 | C.H. Robinson Worldwide, Inc. | 1609208 |
|  | **Banks — 18.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15237 | East West Bancorp, Inc. | 1712487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4623 | JPMorgan Chase & Co. | 1489623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81171 | Old National Bancorp | 1810925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13662 | Popular, Inc. | 1701192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65696 | Truist Financial Corp. | 3232900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19894 | Wells Fargo & Co. | 1854121 |
|  |  | 11801248 |
|  | **Building Products — 2.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3202 | Allegion PLC | 509822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8725 | &nbsp;&nbsp;&nbsp; Johnson Controls <br> International PLC | 1044819 |
|  |  | 1554641 |
|  | **Capital Markets — 20.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13625 | &nbsp;&nbsp;&nbsp; Bank of New York Mellon (The) <br> Corp. | 1581726 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1099 | Blackrock, Inc. | 1176304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25928 | Carlyle Group (The), Inc. | 1532604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2730 | Cboe Global Markets, Inc. | 685230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5816 | Charles Schwab (The) Corp. | 581077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1334 | Evercore, Inc., Class A | 453894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1876 | &nbsp;&nbsp;&nbsp; Goldman Sachs Group (The), <br> Inc. | 1649004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3139 | Houlihan Lokey, Inc. | 546782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30950 | Jefferies Financial Group, Inc. | 1917971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3823 | Raymond James Financial, Inc. | 613936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40011 | TPG, Inc. | 2554302 |
|  |  | 13292830 |
|  | **Construction Materials —** <br> **1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6108 | CRH PLC | 762278 |
|  | **Consumer Finance — 2.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2306 | Capital One Financial Corp. | 558882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15825 | Synchrony Financial | 1320280 |
|  |  | 1879162 |
|  | **Electric Utilities — 3.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18740 | Entergy Corp. | 1732138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2745 | NRG Energy, Inc. | 437114 |
|  |  | 2169252 |
|  | **Electrical Equipment — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1285 | Eaton Corp. PLC | 409285 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9415 | Corning, Inc. | $824378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2906 | TD SYNNEX Corp. | 436568 |
|  |  | 1260946 |
|  | **Health Care REITs — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6775 | Welltower, Inc. | 1257508 |
|  | **Household Durables — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3392 | Garmin Ltd. | 688067 |
|  | **Insurance — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3459 | Travelers (The) Cos., Inc. | 1003318 |
|  | **Leisure Products — 4.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34203 | Hasbro, Inc. | 2804646 |
|  | **Machinery — 4.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1404 | Caterpillar, Inc. | 804310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3147 | Cummins, Inc. | 1606386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4249 | Mueller Industries, Inc. | 487785 |
|  |  | 2898481 |
|  | **Metals & Mining — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6760 | Newmont Corp. | 674986 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 12.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 168521 | Antero Midstream Corp. | 2997989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101013 | Kinder Morgan, Inc. | 2776847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34054 | Williams (The) Cos., Inc. | 2046986 |
|  |  | 7821822 |
|  | **Passenger Airlines — 1.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13052 | Delta Air Lines, Inc. | 905809 |
|  | **Personal Care Products —** <br> **1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11102 | &nbsp;&nbsp;&nbsp; Estee Lauder (The) Cos., Inc., <br> Class A | 1162601 |
|  | **Retail REITs — 5.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17421 | Simon Property Group, Inc. | 3224801 |
|  | **Specialty Retail — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4069 | Williams-Sonoma, Inc. | 726683 |
|  | **Technology Hardware, Storage** <br> **& Peripherals — 2.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10383 | NetApp, Inc. | 1111915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2346 | &nbsp;&nbsp;&nbsp; Seagate Technology <br> Holdings PLC | 646065 |
|  |  | 1757980 |
|  | **Textiles, Apparel & Luxury** <br> **Goods — 2.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1570 | Ralph Lauren Corp. | 555168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7238 | Tapestry, Inc. | 924799 |
|  |  | 1479967 |

---

------

**First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Trading Companies &** <br> **Distributors — 3.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28645 | Fastenal Co. | $1149524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3922 | Ferguson Enterprises, Inc. | 873155 |
|  |  | 2022679 |
|  | **Total Common Stocks** | 64332054 |
|  | (Cost $57,584,296) |  |
| **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28748 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (a) | 28748 |
|  | (Cost $28,748) |  |
|  | **Total Investments — 100.0%** | 64360802 |
|  | (Cost $57,613,044) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (9566)<br>|
|  | **Net Assets — 100.0%** | $64351236 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Rate shown reflects yield as of December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Abbreviations throughout the Portfolio of Investments: <br> REITs – Real Estate Investment Trusts

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $64332054 | &nbsp;&nbsp; $64332054 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Money Market Funds | 28748 | &nbsp;&nbsp; 28748 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $64360802 | &nbsp;&nbsp; $64360802 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust RBA American Industrial Renaissance**<sup>®</sup> **ETF (AIRR)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.8%** | **COMMON STOCKS — 99.8%** | **COMMON STOCKS — 99.8%** |
|  | **Aerospace & Defense — 14.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1128903 | BWX Technologies, Inc. | $195119595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 703434 | &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries, <br> Inc. | 239216800 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2466510 | Karman Holdings, Inc. (a) | 180474537 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2418507 | &nbsp;&nbsp;&nbsp; Kratos Defense & Security <br> Solutions, Inc. (a) | 183588866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1497537 | Leonardo DRS, Inc. | 51051036 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1059702 | Mercury Systems, Inc. (a) | 77368843 |
|  |  | 926819677 |
|  | **Air Freight & Logistics —** <br> **4.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1831087 | C.H. Robinson Worldwide, Inc. | 294365546 |
|  | **Banks — 8.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2343725 | Associated Banc-Corp. | 60374356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12740117 | FNB Corp. | 217856001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2401466 | Fulton Financial Corp. | 46420338 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6790864 | Old National Bancorp | 151504176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 640415 | Wintrust Financial Corp. | 89542825 |
|  |  | 565697696 |
|  | **Building Products — 10.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1569967 | AAON, Inc. | 119709984 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1320092 | &nbsp;&nbsp;&nbsp; Advanced Drainage Systems, <br> Inc. | 191188924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 246070 | CSW Industrials, Inc. | 72228927 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1696534 | Owens Corning | 189859120 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1804884 | &nbsp;&nbsp;&nbsp; Zurn Elkay Water Solutions <br> Corp. | 83909057 |
|  |  | 656896012 |
|  | **Commercial Services &** <br> **Supplies — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 622024 | Clean Harbors, Inc. (a) | 145852188 |
|  | **Construction & Engineering** <br> **— 29.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 883375 | Ameresco, Inc., Class A (a) | 25874054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 346044 | Arcosa, Inc. | 36791398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 567269 | Argan, Inc. | 177736723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 282432 | Comfort Systems USA, Inc. | 263590961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 722690 | &nbsp;&nbsp;&nbsp; Construction Partners, Inc., <br> Class A (a) | 78447999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 591407 | Dycom Industries, Inc. (a) | 199836425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 348540 | EMCOR Group, Inc. | 213233287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 594497 | &nbsp;&nbsp;&nbsp; Everus Construction Group, <br> Inc. (a) | 50865163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 823322 | Granite Construction, Inc. | 94970193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 224941 | IES Holdings, Inc. (a) | 87506548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 414155 | Limbach Holdings, Inc. (a) | 32241967 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1144134 | MasTec, Inc. (a) | 248700408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1268367 | Primoris Services Corp. | 157455079 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Construction & Engineering** <br> **(Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 628778 | Sterling Infrastructure, Inc. (a) | $192550687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 895399 | Tutor Perini Corp. | 60009641 |
|  |  | 1919810533 |
|  | **Electrical Equipment — 3.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1060045 | Atkore, Inc. | 67047846 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 302367 | Powell Industries, Inc. | 96388552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5910474 | &nbsp;&nbsp;&nbsp; Shoals Technologies Group, Inc., <br> Class A (a) | 50239029 |
|  |  | 213675427 |
|  | **Ground Transportation —** <br> **7.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 628347 | Landstar System, Inc. | 90293464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 481014 | Ryder System, Inc. | 92061270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 704168 | Saia, Inc. (a) | 229924935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1517189 | Schneider National, Inc., Class B | 40251024 |
|  |  | 452530693 |
|  | **Machinery — 8.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 719466 | Blue Bird Corp. (a) | 33814902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 742401 | Federal Signal Corp. | 80617324 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1903971 | &nbsp;&nbsp;&nbsp; Mueller Water Products, Inc., <br> Class A | 45352589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1077435 | Oshkosh Corp. | 135358159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 298395 | RBC Bearings, Inc. (a) | 133809270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 451695 | SPX Technologies, Inc. (a) | 90366102 |
|  |  | 519318346 |
|  | **Marine Transportation —** <br> **3.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2130092 | Kirby Corp. (a) | 234693537 |
|  | **Trading Companies &** <br> **Distributors — 8.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 351200 | &nbsp;&nbsp;&nbsp; Applied Industrial Technologies, <br> Inc. | 90177624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4004261 | Core & Main, Inc., Class A (a) | 208101444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 739259 | Herc Holdings, Inc. | 109691251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 903097 | &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co., Inc., <br> Class A | 75950458 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1387920 | Xometry, Inc., Class A (a) | 82539602 |
|  |  | 566460379 |
|  | **Total Common Stocks** | 6496120034 |
|  | (Cost $5,499,681,557) |  |
| **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 11528945 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (b) | 11528945 |
|  | (Cost $11,528,945) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

**First Trust RBA American Industrial Renaissance**<sup>®</sup> **ETF (AIRR)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 0.0%** | **REPURCHASE AGREEMENTS — 0.0%** | **REPURCHASE AGREEMENTS — 0.0%** |
| $19201 | &nbsp;&nbsp;&nbsp; Bank of America Corp., <br> 3.82% (b), dated 12/31/25, <br> due 01/02/26, with a maturity <br> value of $19,205. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 3.63% to <br> 4.75%, due 12/31/29 to <br> 05/15/55. The value of the <br> collateral including accrued <br> interest is $19,585. (c) | $19201 |
|  | (Cost $19,201) |  |
|  | **Total Investments — 100.0%** | 6507668180 |
|  | (Cost $5,511,229,703) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (1820600)<br>|
|  | **Net Assets — 100.0%** | $6505847580 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security serves as collateral for securities on loan.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $6496120034 | &nbsp;&nbsp; $6496120034 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| 11528945 | &nbsp;&nbsp; 11528945 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| 19201 | &nbsp;&nbsp; — | &nbsp;&nbsp; 19201 | &nbsp;&nbsp; — |
| Total Investments | $6507668180 | &nbsp;&nbsp; $6507648979 | &nbsp;&nbsp; $19201 | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Dorsey Wright International Focus 5 ETF (IFV)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **EXCHANGE-TRADED FUNDS — 99.9%** | **EXCHANGE-TRADED FUNDS — 99.9%** | **EXCHANGE-TRADED FUNDS — 99.9%** |
|  | **Capital Markets (a) — 99.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1327337 | &nbsp;&nbsp;&nbsp; First Trust China AlphaDEX<sup>®</sup> <br> Fund | $37523817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 701220 | &nbsp;&nbsp;&nbsp; First Trust Europe AlphaDEX<sup>®</sup> <br> Fund | 37693801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 609493 | &nbsp;&nbsp;&nbsp; First Trust Eurozone <br> AlphaDEX<sup>®</sup> ETF | 37422078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 601864 | &nbsp;&nbsp;&nbsp; First Trust Germany <br> AlphaDEX<sup>®</sup> Fund | 37532961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 748000 | &nbsp;&nbsp;&nbsp; First Trust United Kingdom <br> AlphaDEX<sup>®</sup> Fund | 38080081 |
|  | **Total Exchange-Traded Funds** | 188252738 |
|  | (Cost $159,599,219) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 300432 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (b) | 300432 |
|  | (Cost $300,432) |  |
|  | **Total Investments — 100.0%** | 188553170 |
|  | (Cost $159,899,651) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (46692)<br>|
|  | **Net Assets — 100.0%** | $188506478 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Represents investments in affiliated funds.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of December 31, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| &nbsp;&nbsp; Exchange-Traded <br> Funds\*<br>| $188252738 | &nbsp;&nbsp; $188252738 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Money Market Funds | 300432 | &nbsp;&nbsp; 300432 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $188553170 | &nbsp;&nbsp; $188553170 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Dorsey Wright International Focus 5 ETF (IFV)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

------

**Affiliated Transactions**

Amounts relating to investments in affiliated funds at December 31, 2025, and for the fiscal year-to-date period (October 1, 2025 to December 31, 2025) are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Security Name | Shares at <br>12/31/2025<br>| Value at <br>9/30/2025<br>| Purchases | Sales | Change in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Realized <br>Gain <br>(Loss)<br>| Value at <br>12/31/2025<br>| Dividend <br>Income<br>|
| &nbsp;&nbsp;&nbsp; First Trust China <br> AlphaDEX<sup>®</sup> Fund<br>| 1327337 | $38777414 | $3351072 | $(3645678)<br>| $(1158503)<br>| $199512 | $37523817 | $168209 |
| &nbsp;&nbsp;&nbsp; First Trust Dow Jones <br> International Internet <br> ETF<br>|  |  | 37239542 | (34151647)<br>|  | (3087895)<br>|  | 378940 |
| &nbsp;&nbsp;&nbsp; First Trust Europe <br> AlphaDEX<sup>®</sup> Fund<br>| 701220 |  | 37229243 |  | 464558 |  | 37693801 |  |
| &nbsp;&nbsp;&nbsp; First Trust Eurozone <br> AlphaDEX<sup>®</sup> ETF<br>| 609493 | 35063233 | 2458531 | (1734959)<br>| 1568847 | 66426 | 37422078 | 308090 |
| &nbsp;&nbsp;&nbsp; First Trust Germany <br> AlphaDEX<sup>®</sup> Fund<br>| 601864 | 34640911 | 2966068 | (2310202)<br>| 2143344 | 92840 | 37532961 | 25066 |
| &nbsp;&nbsp;&nbsp; First Trust Switzerland <br> AlphaDEX<sup>®</sup> Fund<br>|  | 32647833 | 1140590 | (34039837)<br>| (4610287)<br>| 4861701 |  |  |
| &nbsp;&nbsp;&nbsp; First Trust United <br> Kingdom <br> AlphaDEX<sup>®</sup> Fund<br>| 748000 | 33791005 | 3255769 | (840297)<br>| 1785860 | 87744 | 38080081 | 349352 |
|  |  | $174920396 | $87640815 | $(76722620)<br>| $193819 | $2220328 | $188252738 | $1229657 |

---

------

**First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **EXCHANGE-TRADED FUNDS — 99.9%** | **EXCHANGE-TRADED FUNDS — 99.9%** | **EXCHANGE-TRADED FUNDS — 99.9%** |
|  | **Capital Markets (a) — 99.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 71380 | &nbsp;&nbsp;&nbsp; First Trust Dow Jones Internet <br> Index Fund (b) | $19214068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 127136 | &nbsp;&nbsp;&nbsp; First Trust Enhanced Short <br> Maturity ETF | 7619260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 325993 | &nbsp;&nbsp;&nbsp; First Trust Financials <br> AlphaDEX<sup>®</sup> Fund | 19673678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 477931 | &nbsp;&nbsp;&nbsp; First Trust Indxx Aerospace & <br> Defense ETF | 20450668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 146040 | &nbsp;&nbsp;&nbsp; First Trust Nasdaq <br> Semiconductor ETF | 18917248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 434318 | &nbsp;&nbsp;&nbsp; First Trust Utilities AlphaDEX<sup>®</sup> <br> Fund | 19548653 |
|  | **Total Exchange-Traded Funds** | 105423575 |
|  | (Cost $101,398,908) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 86535 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (c) | 86535 |
|  | (Cost $86,535) |  |
|  | **Total Investments — 100.0%** | 105510110 |
|  | (Cost $101,485,443) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (25957)<br>|
|  | **Net Assets — 100.0%** | $105484153 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Represents investments in affiliated funds.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Rate shown reflects yield as of December 31, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| &nbsp;&nbsp; Exchange-Traded <br> Funds\*<br>| $105423575 | &nbsp;&nbsp; $105423575 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Money Market Funds | 86535 | &nbsp;&nbsp; 86535 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $105510110 | &nbsp;&nbsp; $105510110 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

------

**Affiliated Transactions**

Amounts relating to investments in affiliated funds at December 31, 2025, and for the fiscal year-to-date period (October 1, 2025 to December 31, 2025) are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Security Name | Shares at <br>12/31/2025<br>| Value at <br>9/30/2025<br>| Purchases | Sales | Change in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Realized <br>Gain <br>(Loss)<br>| Value at <br>12/31/2025<br>| Dividend <br>Income<br>|
| &nbsp;&nbsp;&nbsp; First Trust Dow Jones <br> Internet Index Fund<br>| 71380 | $11741527 | $8906697 | $(980515)<br>| $(833808)<br>| $380167 | $19214068 | $— |
| &nbsp;&nbsp;&nbsp; First Trust Enhanced Short <br> Maturity ETF<br>| 127136 | 58236714 | 250800 | (50915690)<br>| (51709)<br>| 99145 | 7619260 | 399014 |
| &nbsp;&nbsp;&nbsp; First Trust Financials <br> AlphaDEX<sup>®</sup> Fund<br>| 325993 | 10873656 | 9619140 | (975951)<br>| 52882 | 103951 | 19673678 | 77210 |
| &nbsp;&nbsp;&nbsp; First Trust <br> Industrials/Producer <br> Durables AlphaDEX<sup>®</sup> <br> Fund<br>|  | 10780632 | 2584103 | (13852348)<br>| (1324441)<br>| 1812054 |  | 28244 |
| &nbsp;&nbsp;&nbsp; First Trust Indxx <br> Aerospace & Defense <br> ETF<br>| 477931 |  | 20475316 | (416408)<br>| 391905 | (145)<br>| 20450668 |  |
| &nbsp;&nbsp;&nbsp; First Trust Nasdaq <br> Semiconductor ETF<br>| 146040 |  | 18591274 | (614266)<br>| 904560 | 35680 | 18917248 | 12342 |
| &nbsp;&nbsp;&nbsp; First Trust NASDAQ-100 <br> Ex-Technology Sector <br> Index Fund<br>|  | 9857862 | 20301 | (9742129)<br>| (437554)<br>| 301520 |  |  |
| &nbsp;&nbsp;&nbsp; First Trust Utilities <br> AlphaDEX<sup>®</sup> Fund<br>| 434318 | 10088536 | 10550671 | (949485)<br>| (236096)<br>| 95027 | 19548653 | 93166 |
|  |  | $111578927 | $70998302 | $(78446792)<br>| $(1534261)<br>| $2827399 | $105423575 | $609976 |

---

------

**First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.8%** | **COMMON STOCKS — 99.8%** | **COMMON STOCKS — 99.8%** |
|  | **Aerospace & Defense — 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44065 | Curtiss-Wright Corp. | $24291713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 336119 | Woodward, Inc. | 101615496 |
|  |  | 125907209 |
|  | **Automobile Components —** <br> **0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 382821 | Lear Corp. | 43871287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 198021 | Visteon Corp. | 18831797 |
|  |  | 62703084 |
|  | **Banks — 15.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1647210 | Bank OZK | 75804604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200434 | BOK Financial Corp. | 23743412 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1726512 | Cadence Bank | 73963774 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1360942 | Commerce Bancshares, Inc. | 71231704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 608785 | Cullen/Frost Bankers, Inc. | 77090444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 789917 | East West Bancorp, Inc. | 88778772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1380222 | &nbsp;&nbsp;&nbsp; Enterprise Financial Services <br> Corp. | 74531988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 470447 | Fifth Third Bancorp | 22021624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3852557 | First BanCorp | 79863507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10883 | &nbsp;&nbsp;&nbsp; First Citizens BancShares, Inc., <br> Class A | 23356877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 507445 | First Merchants Corp. | 19019039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3295206 | Fulton Financial Corp. | 63696332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 660876 | Hancock Whitney Corp. | 42084584 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2705856 | Home BancShares, Inc. | 75168680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2302432 | Huntington Bancshares, Inc. | 39947195 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 307703 | Independent Bank Corp. | 22486935 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1172561 | International Bancshares Corp. | 77904953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107491 | M&T Bank Corp. | 21657287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 304310 | Nicolet Bankshares, Inc. | 36912803 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1868578 | OFG Bancorp | 76574326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 439727 | Pinnacle Financial Partners, Inc. | 41954353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 297562 | Prosperity Bancshares, Inc. | 20564510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 803382 | Regions Financial Corp. | 21771652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 493269 | ServisFirst Bancshares, Inc. | 35411781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 828770 | SouthState Bank Corp. | 77995545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 703374 | UMB Financial Corp. | 80916145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 608947 | Wintrust Financial Corp. | 85142969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 747292 | Zions Bancorp N.A. | 43746474 |
|  |  | 1493342269 |
|  | **Beverages — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 597120 | Coca-Cola Consolidated, Inc. | 91538496 |
|  | **Broadline Retail — 0.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46202 | Dillard's, Inc., Class A | 28014121 |
|  | **Building Products — 4.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1170141 | A.O. Smith Corp. | 78259030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 614027 | &nbsp;&nbsp;&nbsp; Advanced Drainage Systems, <br> Inc. | 88929530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 124078 | Allegion PLC | 19755699 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Building Products (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 117052 | Carlisle Cos., Inc. | $37440253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 120617 | CSW Industrials, Inc. | 35404708 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29913 | Lennox International, Inc. | 14525155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 463305 | Simpson Manufacturing Co., Inc. | 74809858 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1166100 | Tecnoglass, Inc. | 58678152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 428640 | &nbsp;&nbsp;&nbsp; Zurn Elkay Water Solutions <br> Corp. | 19927474 |
|  |  | 427729859 |
|  | **Capital Markets — 4.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 336376 | Cboe Global Markets, Inc. | 84430376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 396770 | Federated Hermes, Inc. | 20659814 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1365822 | &nbsp;&nbsp;&nbsp; Interactive Brokers Group, Inc., <br> Class A | 87836013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 656581 | Northern Trust Corp. | 89682399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116257 | Raymond James Financial, Inc. | 18669711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 938084 | SEI Investments Co. | 76941650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 199696 | T. Rowe Price Group, Inc. | 20444876 |
|  |  | 398664839 |
|  | **Chemicals — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 260874 | Balchem Corp. | 40007637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 221921 | CF Industries Holdings, Inc. | 17163370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1704295 | Element Solutions, Inc. | 42590332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 261565 | Minerals Technologies, Inc. | 15942387 |
|  |  | 115703726 |
|  | **Commercial Services &** <br> **Supplies — 3.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1050505 | Brady Corp., Class A | 82328077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 791865 | Brink's (The) Co. | 92434401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 352703 | MSA Safety, Inc. | 56481858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 420992 | UniFirst Corp. | 81209357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400401 | Veralto Corp. | 39952012 |
|  |  | 352405705 |
|  | **Construction & Engineering** <br> **— 4.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 718923 | AECOM | 68534930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 139933 | Comfort Systems USA, Inc. | 130598070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 151308 | EMCOR Group, Inc. | 92568721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 601711 | Primoris Services Corp. | 74696403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49509 | Valmont Industries, Inc. | 19918461 |
|  |  | 386316585 |
|  | **Construction Materials —** <br> **0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 184117 | &nbsp;&nbsp;&nbsp; United States Lime & Minerals, <br> Inc. | 22046170 |
|  | **Consumer Finance — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 584611 | SLM Corp. | 15819574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 836582 | Synchrony Financial | 69796036 |
|  |  | 85615610 |

---

------

**First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Consumer Staples Distribution** <br> **& Retail — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 738903 | PriceSmart, Inc. | $90641231 |
|  | **Containers & Packaging —** <br> **0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84375 | Packaging Corp. of America | 17400656 |
|  | **Diversified Consumer Services** <br> **— 2.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75974 | Graham Holdings Co., Class B | 83465036 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 750743 | H&R Block, Inc. | 32717380 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2877092 | OneSpaWorld Holdings Ltd. | 59670888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2633053 | Perdoceo Education Corp. | 77227445 |
|  |  | 253080749 |
|  | **Electric Utilities — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 721553 | Otter Tail Corp. | 58308698 |
|  | **Electrical Equipment — 2.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 193148 | Acuity, Inc. | 69541006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 751558 | EnerSys | 110291136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47400 | Hubbell, Inc. | 21050814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 190755 | Powell Industries, Inc. | 60808879 |
|  |  | 261691835 |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 114513 | Badger Meter, Inc. | 19972212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 968134 | Benchmark Electronics, Inc. | 41397410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 228186 | ePlus, Inc. | 20011912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 553714 | &nbsp;&nbsp;&nbsp; Napco Security Technologies, <br> Inc. | 23089874 |
|  |  | 104471408 |
|  | **Energy Equipment & Services** <br> **— 2.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1782392 | Cactus, Inc., Class A | 81419667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5698516 | NOV, Inc. | 89067805 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1328527 | Weatherford International PLC | 103970523 |
|  |  | 274457995 |
|  | **Financial Services — 2.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1094167 | Enact Holdings, Inc. | 43372780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 326786 | Equitable Holdings, Inc. | 15571353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 312040 | Essent Group Ltd. | 20285721 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 246236 | Jack Henry & Associates, Inc. | 44933145 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2924314 | MGIC Investment Corp. | 85448455 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1100488 | Radian Group, Inc. | 39606563 |
|  |  | 249218017 |
|  | **Food Products — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 823774 | Cal-Maine Foods, Inc. | 65547697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 626460 | Ingredion, Inc. | 69073480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 444962 | Marzetti (The) Company | 73160652 |
|  |  | 207781829 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Health Care Equipment &** <br> **Supplies — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 893390 | LeMaitre Vascular, Inc. | $72453929 |
|  | **Health Care Providers &** <br> **Services — 1.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 138860 | Cardinal Health, Inc. | 28535730 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 155398 | Chemed Corp. | 66488588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 139213 | Ensign Group (The), Inc. | 24250905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335680 | National HealthCare Corp. | 46018371 |
|  |  | 165293594 |
|  | **Hotels, Restaurants & Leisure** <br> **— 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79959 | Expedia Group, Inc. | 22653184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97674 | Texas Roadhouse, Inc. | 16213884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76571 | Wingstop, Inc. | 18261418 |
|  |  | 57128486 |
|  | **Household Durables — 3.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 380318 | Installed Building Products, Inc. | 98650686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 294760 | KB Home | 16627411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 849194 | La-Z-Boy, Inc. | 31649460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 248097 | Meritage Homes Corp. | 16324783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 513385 | PulteGroup, Inc. | 60199525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 458849 | Toll Brothers, Inc. | 62045562 |
|  |  | 285497427 |
|  | **Household Products — 0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 232179 | Spectrum Brands Holdings, Inc. | 13717135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 279630 | WD-40 Co. | 55059147 |
|  |  | 68776282 |
|  | **Insurance — 9.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 367042 | Assurant, Inc. | 88402066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 911827 | Assured Guaranty Ltd. | 81945892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 367892 | Axis Capital Holdings Ltd. | 39397554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 259156 | Cincinnati Financial Corp. | 42325358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 437333 | CNA Financial Corp. | 20878277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 431270 | CNO Financial Group, Inc. | 18316037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 310918 | First American Financial Corp. | 19102802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 444610 | &nbsp;&nbsp;&nbsp; Hanover Insurance Group (The), <br> Inc. | 81261370 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1522827 | Lincoln National Corp. | 67811486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 970618 | Old Republic International Corp. | 44299006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 289623 | Primerica, Inc. | 74826998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 201934 | Principal Financial Group, Inc. | 17812598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 397630 | &nbsp;&nbsp;&nbsp; Reinsurance Group of America, <br> Inc. | 80901800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 529573 | Selective Insurance Group, Inc. | 44309373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 751679 | Unum Group | 58255123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1095469 | W.R. Berkley Corp. | 76814286 |
|  |  | 856660026 |
|  | **Interactive Media & Services** <br> **— 0.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 613800 | Match Group, Inc. | 19819602 |

---

------

**First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **IT Services — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 158208 | VeriSign, Inc. | $38436634 |
|  | **Machinery — 10.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 425436 | Alamo Group, Inc. | 71417941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 831428 | &nbsp;&nbsp;&nbsp; Allison Transmission Holdings, <br> Inc. | 81396801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1854361 | &nbsp;&nbsp;&nbsp; Atmus Filtration Technologies, <br> Inc. | 96259880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 532338 | Donaldson Co., Inc. | 47197087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200815 | Dover Corp. | 39207121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 153864 | Esab Corp. | 17189686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 221215 | Federal Signal Corp. | 24021737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 286557 | Flowserve Corp. | 19881325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 440217 | Fortive Corp. | 24304381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 610353 | Franklin Electric Co., Inc. | 58307022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 924772 | Graco, Inc. | 75803561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 197130 | IDEX Corp. | 35077312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 487789 | ITT, Inc. | 84636269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 184735 | Lincoln Electric Holdings, Inc. | 44269895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 872969 | Mueller Industries, Inc. | 100216841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 843482 | &nbsp;&nbsp;&nbsp; Mueller Water Products, Inc., <br> Class A | 20091741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 236608 | Snap-on, Inc. | 81535117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 312147 | &nbsp;&nbsp;&nbsp; Watts Water Technologies, Inc., <br> Class A | 86158815 |
|  |  | 1006972532 |
|  | **Media — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1321653 | Fox Corp., Class A | 96573185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1374258 | &nbsp;&nbsp;&nbsp; New York Times (The) Co., <br> Class A | 95400990 |
|  |  | 191974175 |
|  | **Metals & Mining — 1.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2475776 | Hecla Mining Co. | 47510141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 228550 | Royal Gold, Inc. | 50804380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 373501 | Warrior Met Coal, Inc. | 32931583 |
|  |  | 131246104 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 273069 | Core Natural Resources, Inc. | 24169337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108740 | Texas Pacific Land Corp. | 31232303 |
|  |  | 55401640 |
|  | **Personal Care Products —** <br> **0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 703225 | Interparfums, Inc. | 59654577 |
|  | **Professional Services — 4.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 608004 | CSG Systems International, Inc. | 46627827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 825846 | Exponent, Inc. | 57363263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1706150 | Genpact Ltd. | 79813697 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 434265 | Jacobs Solutions, Inc. | 57522742 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Professional Services** <br> **(Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 374581 | Paycom Software, Inc. | $59693228 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1160397 | UL Solutions, Inc., Class A | 91508907 |
|  |  | 392529664 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 572993 | Universal Display Corp. | 66914122 |
|  | **Software — 3.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2679120 | Clear Secure, Inc., Class A | 93983530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1072206 | &nbsp;&nbsp;&nbsp; Dolby Laboratories, Inc., <br> Class A | 68857069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 305958 | InterDigital, Inc. | 97410908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 761952 | Pegasystems, Inc. | 45503773 |
|  |  | 305755280 |
|  | **Specialty Retail — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 284384 | Dick's Sporting Goods, Inc. | 56299500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 755298 | Gap (The), Inc. | 19335629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 434929 | Williams-Sonoma, Inc. | 77673970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 139708 | Winmark Corp. | 56573358 |
|  |  | 209882457 |
|  | **Technology Hardware, Storage** <br> **& Peripherals — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 560902 | NetApp, Inc. | 60066995 |
|  | **Textiles, Apparel & Luxury** <br> **Goods — 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 552310 | Kontoor Brands, Inc. | 33740618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 261296 | Ralph Lauren Corp. | 92396878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 548336 | Steven Madden Ltd. | 22832711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 240923 | Tapestry, Inc. | 30782732 |
|  |  | 179752939 |
|  | **Tobacco — 0.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 415875 | Turning Point Brands, Inc. | 45080850 |
|  | **Trading Companies &** <br> **Distributors — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 314235 | &nbsp;&nbsp;&nbsp; Applied Industrial Technologies, <br> Inc. | 80686121 |
|  | **Total Common Stocks** | 9457023527 |
|  | (Cost $8,432,806,335) |  |

---

------

**First Trust SMID Cap Rising Dividend Achievers ETF (SDVY)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 7249590 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (a) | $7249590 |
|  | (Cost $7,249,590) |  |
|  | **Total Investments — 99.9%** | 9464273117 |
|  | (Cost $8,440,055,925) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.1%** | 5252079 |
|  | **Net Assets — 100.0%** | $9469525196 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Rate shown reflects yield as of December 31, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $9457023527 | &nbsp;&nbsp; $9457023527 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| &nbsp;&nbsp; Money Market <br> Funds<br>| 7249590 | &nbsp;&nbsp; 7249590 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $9464273117 | &nbsp;&nbsp; $9464273117 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Indxx Innovative Transaction & Process ETF (LEGR)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) — 99.8%** | **COMMON STOCKS (a) — 99.8%** | **COMMON STOCKS (a) — 99.8%** |
|  | **Aerospace & Defense — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3988 | Airbus SE (EUR) | $929840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4125 | Boeing (The) Co. (b) | 895620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1928 | Lockheed Martin Corp. | 932516 |
|  |  | 2757976 |
|  | **Automobile Components —** <br> **0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62400 | Denso Corp. (JPY) | 859673 |
|  | **Automobiles — 3.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9173 | &nbsp;&nbsp;&nbsp; Bayerische Motoren Werke AG <br> (EUR) | 1004058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77156 | Ford Motor Co. | 1012287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14861 | &nbsp;&nbsp;&nbsp; Mercedes-Benz Group AG <br> (EUR) | 1049100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2460 | Tesla, Inc. (b) | 1106311 |
|  |  | 4171756 |
|  | **Banks — 24.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41558 | &nbsp;&nbsp;&nbsp; ANZ Group Holdings Ltd. <br> (AUD) | 1007847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73795 | Axis Bank Ltd. (INR) | 1042234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47727 | &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya <br> Argentaria S.A. (EUR) | 1124578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90582 | Banco Santander S.A. (EUR) | 1071970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17879 | Bank of America Corp. | 983345 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1584224 | &nbsp;&nbsp;&nbsp; Bank of China Ltd., Class H <br> (HKD) | 907865 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1021534 | &nbsp;&nbsp;&nbsp; Bank of Communications Co., <br> Ltd., Class H (HKD) | 846608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 176318 | Barclays PLC (GBP) | 1131176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9743 | BNP Paribas S.A. (EUR) | 925042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 182872 | &nbsp;&nbsp;&nbsp; BOC Hong Kong Holdings Ltd. <br> (HKD) | 926261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1716786 | &nbsp;&nbsp;&nbsp; China CITIC Bank Corp., Ltd., <br> Class H (HKD) | 1530895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145290 | &nbsp;&nbsp;&nbsp; China Merchants Bank Co., Ltd., <br> Class H (HKD) | 985688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9182 | Citigroup, Inc. | 1071448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22110 | &nbsp;&nbsp;&nbsp; DBS Group Holdings Ltd. <br> (SGD) | 969441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 202721 | &nbsp;&nbsp;&nbsp; First Abu Dhabi Bank PJSC <br> (AED) | 962618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25639 | HDFC Bank Ltd., ADR | 936849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66141 | HSBC Holdings PLC (GBP) | 1046495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50440 | ICICI Bank Ltd., ADR | 1503112 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2093836 | &nbsp;&nbsp;&nbsp; Industrial & Commercial Bank <br> of China Ltd., Class H (HKD) | 1692244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36121 | ING Groep N.V., ADR | 1011388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2969 | JPMorgan Chase & Co. | 956671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40694 | &nbsp;&nbsp;&nbsp; Kotak Mahindra Bank Ltd. <br> (INR) | 996575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 201186 | &nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC, <br> ADR | 1066286 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Banks (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100910 | Nordea Bank Abp (EUR) | $1907509 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1220642 | &nbsp;&nbsp;&nbsp; Postal Savings Bank of China <br> Co., Ltd., Class H <br> (HKD) (c) (d) | 834391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6254 | Royal Bank of Canada (CAD) | 1066171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 447328 | &nbsp;&nbsp;&nbsp; Sberbank of Russia PJSC <br> (RUB) (b) (e) (f) (g) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11167 | Wells Fargo & Co. | 1040764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35962 | Westpac Banking Corp. (AUD) | 926373 |
|  |  | 30471844 |
|  | **Broadline Retail — 3.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10377 | &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd., <br> ADR | 1521061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7015 | Amazon.com, Inc. (b) | 1619202 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46891 | JD.com, Inc., ADR | 1345772 |
|  |  | 4486035 |
|  | **Capital Markets — 6.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8592 | &nbsp;&nbsp;&nbsp; Bank of New York Mellon (The) <br> Corp. | 997445 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3458 | CME Group, Inc. | 944311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3216 | Deutsche Boerse AG (EUR) | 845460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1156 | &nbsp;&nbsp;&nbsp; Goldman Sachs Group (The), <br> Inc. | 1016124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7659 | &nbsp;&nbsp;&nbsp; London Stock Exchange <br> Group PLC (GBP) | 924197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 672 | &nbsp;&nbsp;&nbsp; Partners Group Holding AG <br> (CHF) | 833446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1647 | S&P Global, Inc. | 860706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22338 | UBS Group AG (CHF) | 1042308 |
|  |  | 7463997 |
|  | **Chemicals — 0.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1873 | &nbsp;&nbsp;&nbsp; Solstice Advanced Materials, <br> Inc. (b) | 90990 |
|  | **Communications Equipment** <br> **— 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13404 | Cisco Systems, Inc. | 1032510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 196396 | Nokia Oyj, ADR | 1270682 |
|  |  | 2303192 |
|  | **Consumer Finance — 0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2755 | American Express Co. | 1019212 |
|  | **Consumer Staples Distribution** <br> **& Retail — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13496 | Kroger (The) Co. | 843230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8839 | Walmart, Inc. | 984753 |
|  |  | 1827983 |
|  | **Diversified Telecommunication** <br> **Services — 5.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54699 | AT&T, Inc. | 1358723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45892 | Deutsche Telekom AG (EUR) | 1491765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 340510 | &nbsp;&nbsp;&nbsp; Emirates Telecommunications <br> Group Co. PJSC (AED) | 1700348 |

---

------

**First Trust Indxx Innovative Transaction & Process ETF (LEGR)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (Continued)** | **COMMON STOCKS (a) (Continued)** | **COMMON STOCKS (a) (Continued)** |
|  | **Diversified Telecommunication** <br> **Services (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2189 | Swisscom AG (CHF) | $1590417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20556 | Verizon Communications, Inc. | 837246 |
|  |  | 6978499 |
|  | **Electric Utilities — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49356 | Iberdrola S.A. (EUR) | 1071027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12631 | Verbund AG (EUR) | 920324 |
|  |  | 1991351 |
|  | **Financial Services — 3.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2740 | Mastercard, Inc., Class A | 1564211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23979 | PayPal Holdings, Inc. | 1399894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2642 | Visa, Inc., Class A | 926576 |
|  |  | 3890681 |
|  | **Household Durables — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 31084 | Sony Group Corp., ADR | 795750 |
|  | **Industrial Conglomerates —** <br> **1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7492 | Honeywell International, Inc. | 1461614 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3378 | Siemens AG (EUR) | 949383 |
|  |  | 2410997 |
|  | **Insurance — 4.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 93874 | AIA Group Ltd. (HKD) | 963744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2195 | Allianz SE (EUR) | 1007319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11526 | &nbsp;&nbsp;&nbsp; American International Group, <br> Inc. | 986049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19221 | AXA S.A. (EUR) | 925225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11294 | MetLife, Inc. | 891548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125189 | &nbsp;&nbsp;&nbsp; Ping An Insurance Group Co. of <br> China Ltd., Class H (HKD) | 1047974 |
|  |  | 5821859 |
|  | **Interactive Media & Services** <br> **— 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14426 | Baidu, Inc., ADR (b) | 1884901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11243 | Tencent Holdings Ltd. (HKD) | 865324 |
|  |  | 2750225 |
|  | **IT Services — 9.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6607 | Accenture PLC, Class A | 1772658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11292 | Capgemini SE (EUR) | 1887706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22864 | &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions <br> Corp., Class A | 1897712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94497 | Infosys Ltd., ADR (h) | 1683937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6276 | &nbsp;&nbsp;&nbsp; International Business Machines <br> Corp. | 1859014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45668 | &nbsp;&nbsp;&nbsp; Tata Consultancy Services Ltd. <br> (INR) | 1629080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 578160 | Wipro Ltd., ADR (h) | 1641974 |
|  |  | 12372081 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Marine Transportation —** <br> **0.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 435 | &nbsp;&nbsp;&nbsp; A.P. Moller - Maersk A/S, <br> Class B (DKK) | $1002006 |
|  | **Metals & Mining — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33891 | BHP Group Ltd. (AUD) | 1028858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14508 | Rio Tinto PLC, ADR | 1161075 |
|  |  | 2189933 |
|  | **Multi-Utilities — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76031 | Engie S.A. (EUR) | 2002368 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 0.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42503 | &nbsp;&nbsp;&nbsp; Gazprom PJSC, <br> ADR (b) (e) (f) (g) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 364010 | &nbsp;&nbsp;&nbsp; Gazprom PJSC <br> (RUB) (b) (e) (f) (g) | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12599 | Shell PLC, ADR | 925775 |
|  |  | 925775 |
|  | **Pharmaceuticals — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10710 | Zoetis, Inc. | 1347532 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 10.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10362 | &nbsp;&nbsp;&nbsp; Advanced Micro Devices, <br> Inc. (b) | 2219126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43089 | &nbsp;&nbsp;&nbsp; Infineon Technologies AG <br> (EUR) | 1910577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65545 | Intel Corp. (b) | 2418610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10713 | Micron Technology, Inc. | 3057597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9105 | NVIDIA Corp. | 1698083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6230 | &nbsp;&nbsp;&nbsp; Taiwan Semiconductor <br> Manufacturing Co., Ltd., ADR | 1893235 |
|  |  | 13197228 |
|  | **Software — 5.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3220 | Microsoft Corp. | 1557257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5240 | Oracle Corp. | 1021328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6550 | Salesforce, Inc. | 1735161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6257 | SAP SE (EUR) | 1532043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4003 | Workday, Inc., Class A (b) | 859764 |
|  |  | 6705553 |
|  | **Specialty Retail — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2143 | Home Depot (The), Inc. | 737406 |
|  | **Technology Hardware, Storage** <br> **& Peripherals — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30588 | &nbsp;&nbsp;&nbsp; Samsung Electronics Co., Ltd. <br> (KRW) | 2545904 |
|  | **Wireless Telecommunication** <br> **Services — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1035900 | SoftBank Corp. (JPY) | 1420527 |
|  | **Total Common Stocks** | 124538333 |
|  | (Cost $96,946,691) |  |

---

------

**First Trust Indxx Innovative Transaction & Process ETF (LEGR)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 2.4%** | **REPURCHASE AGREEMENTS — 2.4%** | **REPURCHASE AGREEMENTS — 2.4%** |
| $3030585 | &nbsp;&nbsp;&nbsp; Bank of America Corp., <br> 3.82% (i), dated 12/31/25, due <br> 01/02/26, with a maturity <br> value of $3,031,228. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 3.63% to <br> 4.75%, due 12/31/29 to <br> 05/15/55. The value of the <br> collateral including accrued <br> interest is $3,091,198. (j) | $3030585 |
|  | (Cost $3,030,585) |  |
|  | **Total Investments — 102.2%** | 127568918 |
|  | (Cost $99,977,276) |  |
|  | **Net Other Assets and** <br> **Liabilities — (2.2)%** | (2710662)<br>|
|  | **Net Assets — 100.0%** | $124858256 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Securities are issued in U.S. dollars unless otherwise indicated in the security description.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security is exempt from registration upon resale under Rule 144A of the Securities Act of 1933, as amended (the "1933 Act") and may be resold in transactions exempt from registration, normally to qualified institutional buyers. This security is not restricted on the foreign exchange where it trades freely without any additional registration.

&nbsp;&nbsp;&nbsp;&nbsp;(d) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by First Trust Advisors L.P., the Fund's advisor.

&nbsp;&nbsp;&nbsp;&nbsp;(f) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At December 31, 2025, securities noted as such are valued at $0 or 0.0% of net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(g) This security's value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section).

&nbsp;&nbsp;&nbsp;&nbsp;(h) All or a portion of this security is on loan for securities lending. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. The aggregate value of such securities is $2,912,542 and the total value of the collateral held by the Fund, including for securities sold and pending settlement, is $3,030,585.

&nbsp;&nbsp;&nbsp;&nbsp;(i) Rate shown reflects yield as of December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(j) This security serves as collateral for securities on loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| ADR | – American Depositary Receipt |
| AED | – United Arab Emirates Dirham |
| AUD | – Australian Dollar |
| CAD | – Canadian Dollar |
| CHF | – Swiss Franc |
| DKK | – Danish Krone |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| HKD | – Hong Kong Dollar |
| INR | – Indian Rupee |
| JPY | – Japanese Yen |
| KRW | – South Korean Won |
| RUB | – Russian Ruble |
| SGD | – Singapore Dollar |
| USD | – United States Dollar |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Country Allocation**<sup>†</sup> <br>| **% of Net** <br>**Assets**<br>|
| United States | &nbsp;&nbsp; 40.3% |
| Germany | &nbsp;&nbsp;&nbsp; 7.8 |
| India | &nbsp;&nbsp;&nbsp; 7.6 |
| China | &nbsp;&nbsp;&nbsp; 6.3 |
| United Kingdom | &nbsp;&nbsp;&nbsp; 5.0 |
| France | &nbsp;&nbsp;&nbsp; 4.6 |
| Cayman Islands | &nbsp;&nbsp;&nbsp; 4.5 |
| Switzerland | &nbsp;&nbsp;&nbsp; 2.8 |
| Spain | &nbsp;&nbsp;&nbsp; 2.6 |
| Finland | &nbsp;&nbsp;&nbsp; 2.5 |
| Japan | &nbsp;&nbsp;&nbsp; 2.5 |
| Australia | &nbsp;&nbsp;&nbsp; 2.4 |
| United Arab Emirates | &nbsp;&nbsp;&nbsp; 2.1 |
| South Korea | &nbsp;&nbsp;&nbsp; 2.0 |
| Netherlands | &nbsp;&nbsp;&nbsp; 1.6 |
| Taiwan | &nbsp;&nbsp;&nbsp; 1.5 |
| Hong Kong | &nbsp;&nbsp;&nbsp; 1.5 |
| Ireland | &nbsp;&nbsp;&nbsp; 1.4 |
| Canada | &nbsp;&nbsp;&nbsp; 0.9 |
| Denmark | &nbsp;&nbsp;&nbsp; 0.8 |
| Singapore | &nbsp;&nbsp;&nbsp; 0.8 |
| Austria | &nbsp;&nbsp;&nbsp; 0.7 |
| Russia | &nbsp;&nbsp;&nbsp; 0.0<sup>†</sup><sup>†</sup> <br>|
| &nbsp;&nbsp;&nbsp; Total Investments | 102.2 |
| &nbsp;&nbsp;&nbsp; Net Other Assets and Liabilities | &nbsp;&nbsp; (2.2) |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| <sup>†</sup> <br>| Portfolio securities are categorized based upon their country <br> of incorporation, which can be different from the country <br> categorization of the Fund's underlying index.<br>|
| <sup>†</sup><sup>†</sup> <br>| Investments are valued at $0. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

**First Trust Indxx Innovative Transaction & Process ETF (LEGR)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total** <br>**Investments**<br>|
| USD | &nbsp;&nbsp; 55.4% |
| EUR | &nbsp;&nbsp; 17.7 |
| HKD | &nbsp;&nbsp;&nbsp; 8.3 |
| INR | &nbsp;&nbsp;&nbsp; 2.9 |
| CHF | &nbsp;&nbsp;&nbsp; 2.7 |
| GBP | &nbsp;&nbsp;&nbsp; 2.4 |
| AUD | &nbsp;&nbsp;&nbsp; 2.3 |
| AED | &nbsp;&nbsp;&nbsp; 2.1 |
| KRW | &nbsp;&nbsp;&nbsp; 2.0 |
| JPY | &nbsp;&nbsp;&nbsp; 1.8 |
| CAD | &nbsp;&nbsp;&nbsp; 0.8 |
| DKK | &nbsp;&nbsp;&nbsp; 0.8 |
| SGD | &nbsp;&nbsp;&nbsp; 0.8 |
| RUB | &nbsp;&nbsp;&nbsp; 0.0<sup>‡</sup> <br>|
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| <sup>‡</sup> <br>| Investments are valued at $0. |

---

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Banks | $30471844 | &nbsp;&nbsp; $30471844 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $—<br> \*\*<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oil, Gas & <br> Consumable Fuels<br>| 925775 | &nbsp;&nbsp; 925775 | &nbsp;&nbsp; — | &nbsp;&nbsp; —<br> \*\*<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Industry <br> Categories\*<br>| 93140714 | &nbsp;&nbsp; 93140714 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| 3030585 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3030585 | &nbsp;&nbsp; — |
| Total Investments | $127568918 | &nbsp;&nbsp; $124538333 | &nbsp;&nbsp; $3030585 | &nbsp;&nbsp; $—<br> \*\*<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

\*\* Investments are valued at $0.

Level 3 investments are fair valued by the Advisor's Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.

------

**First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) — 99.8%** | **COMMON STOCKS (a) — 99.8%** | **COMMON STOCKS (a) — 99.8%** |
|  | **Aerospace & Defense — 3.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37538 | AeroVironment, Inc. (b) | $9080067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35395 | &nbsp;&nbsp;&nbsp; Kratos Defense & Security <br> Solutions, Inc. (b) | 2686834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4706 | Northrop Grumman Corp. | 2683408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1905947 | QinetiQ Group PLC (GBP) | 11345198 |
|  |  | 25795507 |
|  | **Air Freight & Logistics —** <br> **0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53084 | GXO Logistics, Inc. (b) | 2794342 |
|  | **Automobile Components —** <br> **4.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34732 | Aptiv PLC (b) | 2642758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 204100 | Denso Corp. (JPY) | 2811847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 459502 | Gentex Corp. | 10692611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55149 | Magna International, Inc. | 2939442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 887516 | &nbsp;&nbsp;&nbsp; Mobileye Global, Inc., <br> Class A (b) | 9265667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 213120 | Valeo SE (EUR) | 2914083 |
|  |  | 31266408 |
|  | **Automobiles — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15147 | Hyundai Motor Co. (KRW) | 3117619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6261 | Tesla, Inc. (b) | 2815697 |
|  |  | 5933316 |
|  | **Biotechnology — 1.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2265750 | &nbsp;&nbsp;&nbsp; Recursion Pharmaceuticals, Inc., <br> Class A (b) (c) | 9266918 |
|  | **Broadline Retail — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17123 | &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd., <br> ADR | 2509889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20349 | Amazon.com, Inc. (b) | 4696956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90295 | JD.com, Inc., ADR | 2591467 |
|  |  | 9798312 |
|  | **Communications Equipment** <br> **— 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20612 | Arista Networks, Inc. (b) | 2700791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136345 | Cisco Systems, Inc. | 10502655 |
|  |  | 13203446 |
|  | **Consumer Finance — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 233328 | Upstart Holdings, Inc. (b) | 10203433 |
|  | **Consumer Staples Distribution** <br> **& Retail — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4294712 | Ocado Group PLC (GBP) (b) | 13662125 |
|  | **Electrical Equipment — 3.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66018 | ABB Ltd. (CHF) | 4935723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20194 | Emerson Electric Co. | 2680148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99600 | Mitsubishi Electric Corp. (JPY) | 2915386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 376200 | NIDEC CORP. (JPY) | 5120393 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Electrical Equipment** <br> **(Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11988 | Rockwell Automation, Inc. | $4664171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17701 | Schneider Electric SE (EUR) | 4886434 |
|  |  | 25202255 |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 5.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 124559 | Cognex Corp. | 4481633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 159810 | Delta Electronics, Inc. (TWD) | 4897982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 896222 | Hexagon AB, Class B (SEK) | 10659459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14000 | Keyence Corp. (JPY) | 5065884 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 185200 | Omron Corp. (JPY) | 4682022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 148400 | Yokogawa Electric Corp. (JPY) | 4752135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18775 | &nbsp;&nbsp;&nbsp; Zebra Technologies Corp., <br> Class A (b) | 4558945 |
|  |  | 39098060 |
|  | **Energy Equipment & Services** <br> **— 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 429936 | &nbsp;&nbsp;&nbsp; Oceaneering International, <br> Inc. (b) | 10331362 |
|  | **Health Care Equipment &** <br> **Supplies — 2.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18293 | Intuitive Surgical, Inc. (b) | 10360424 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25572 | Medtronic PLC | 2456446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73775 | Omnicell, Inc. (b) | 3342008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7256 | Stryker Corp. | 2550266 |
|  |  | 18709144 |
|  | **Hotels, Restaurants & Leisure** <br> **— 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1022459 | Serve Robotics, Inc. (b) (c) | 10613124 |
|  | **Household Durables — 0.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92000 | Sony Group Corp. (JPY) | 2363432 |
|  | **Industrial Conglomerates —** <br> **1.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39593 | Siemens AG (EUR) | 11127563 |
|  | **Interactive Media & Services** <br> **— 4.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14822 | Alphabet, Inc., Class A | 4639286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23043 | Baidu, Inc., ADR (b) | 3010799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 67483 | Kakao Corp. (KRW) | 2815403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16191 | Meta Platforms, Inc., Class A | 10687517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16235 | NAVER Corp. (KRW) | 2732975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34339 | Tencent Holdings Ltd. (HKD) | 2642921 |
|  |  | 26528901 |
|  | **IT Services — 6.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30088 | Akamai Technologies, Inc. (b) | 2625178 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1654642 | BigBear.ai Holdings, Inc. (b) (c) | 8935067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 52397 | Cloudflare, Inc., Class A (b) | 10330068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64903 | CoreWeave, Inc., Class A (b) | 4647704 |

---

------

**First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (Continued)** | **COMMON STOCKS (a) (Continued)** | **COMMON STOCKS (a) (Continued)** |
|  | **IT Services (Continued)**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33995 | &nbsp;&nbsp;&nbsp; International Business Machines <br> Corp. | $10069659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8103 | MongoDB, Inc. (b) | 3400748 |
|  |  | 40008424 |
|  | **Life Sciences Tools & Services** <br> **— 3.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79805 | Illumina, Inc. (b) | 10467224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27532 | Tecan Group AG (CHF) | 4466433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 134614 | Tempus AI, Inc. (b) | 7948957 |
|  |  | 22882614 |
|  | **Machinery — 8.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 184128 | ATS Corp. (CAD) (b) | 5072223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149900 | Daifuku Co., Ltd. (JPY) (c) | 4715955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5798 | Deere & Co. | 2699375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 325800 | FANUC Corp. (JPY) | 12654285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33769 | JBT Marel Corp. | 5087975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42600 | &nbsp;&nbsp;&nbsp; Kawasaki Heavy Industries Ltd. <br> (JPY) | 2822957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 93383 | Proto Labs, Inc. (b) | 4724246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125230 | Symbotic, Inc. (b) | 7451185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 145470 | Valmet Oyj (EUR) | 4843188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 183300 | Yaskawa Electric Corp. (JPY) | 5565467 |
|  |  | 55636856 |
|  | **Pharmaceuticals — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13016 | Johnson & Johnson | 2693661 |
|  | **Professional Services — 0.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82576 | Innodata, Inc. (b) (c) | 4207247 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 10.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21816 | &nbsp;&nbsp;&nbsp; Advanced Micro Devices, <br> Inc. (b) | 4672115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63975 | Ambarella, Inc. (b) | 4531989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30117 | Astera Labs, Inc. (b) | 5010264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11776 | Broadcom, Inc. | 4075674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66407 | Intel Corp. (b) | 2450418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4038 | KLA Corp. | 4906493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20067 | Micron Technology, Inc. | 5727322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26813 | NVIDIA Corp. | 5000624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24344 | NXP Semiconductors N.V. | 5284109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28233 | QUALCOMM, Inc. | 4829255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 399900 | &nbsp;&nbsp;&nbsp; Renesas Electronics Corp. <br> (JPY) (b) (c) | 5463394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13067 | SK hynix, Inc. (KRW) | 5905117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16280 | &nbsp;&nbsp;&nbsp; Taiwan Semiconductor <br> Manufacturing Co., Ltd., ADR | 4947329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26091 | Teradyne, Inc. | 5050174 |
|  |  | 67854277 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Software — 29.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8413 | Adobe, Inc. (b) | $2944466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 259665 | Appian Corp., Class A (b) | 9197334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8879 | Autodesk, Inc. (b) | 2628273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47261 | BlackLine, Inc. (b) | 2613061 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 725981 | C3.ai, Inc., Class A (b) (c) | 9786224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33640 | &nbsp;&nbsp;&nbsp; Cadence Design Systems, <br> Inc. (b) | 10515191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1408111 | &nbsp;&nbsp;&nbsp; CCC Intelligent Solutions <br> Holdings, Inc. (b) | 11194482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 374915 | Dassault Systemes SE (EUR) | 10503894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 235423 | Dynatrace, Inc. (b) | 10203233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38188 | Elastic N.V. (b) | 2880903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9645 | Microsoft Corp. | 4664515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98901 | Nice Ltd., ADR (b) | 11179769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62275 | &nbsp;&nbsp;&nbsp; Palantir Technologies, Inc., <br> Class A (b) | 11069381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55175 | Palo Alto Networks, Inc. (b) | 10163235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 191537 | Pegasystems, Inc. | 11438590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15353 | PTC, Inc. (b) | 2674646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45504 | Salesforce, Inc. | 12054464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 647158 | SentinelOne, Inc., Class A (b) | 9707370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64563 | ServiceNow, Inc. (b) | 9890406 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 870574 | &nbsp;&nbsp;&nbsp; SoundHound AI, Inc., <br> Class A (b) (c) | 8679623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25096 | Synopsys, Inc. (b) | 11788093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 756884 | UiPath, Inc., Class A (b) | 12405329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48653 | Workday, Inc., Class A (b) | 10449691 |
|  |  | 198632173 |
|  | **Technology Hardware, Storage** <br> **& Peripherals — 1.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9658 | Apple, Inc. | 2625624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39414 | &nbsp;&nbsp;&nbsp; Samsung Electronics Co., Ltd. <br> (KRW) | 3280510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 216000 | Seiko Epson Corp. (JPY) | 2734474 |
|  |  | 8640608 |
|  | **Wireless Telecommunication** <br> **Services — 0.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100000 | SoftBank Group Corp. (JPY) | 2808989 |
|  | **Total Common Stocks** | 669262497 |
|  | (Cost $611,099,502) |  |
| **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** | **MONEY MARKET FUNDS — 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1603048 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (d) | 1603048 |
|  | (Cost $1,603,048) |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

**First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Principal** <br>**Value**<br>| **Description** | **Value** |
| **REPURCHASE AGREEMENTS — 6.0%** | **REPURCHASE AGREEMENTS — 6.0%** | **REPURCHASE AGREEMENTS — 6.0%** |
| $40163039 | &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., <br> 3.82% (d), dated 12/31/25, <br> due 01/02/26, with a maturity <br> value of $40,171,562. <br> Collateralized by <br> U.S. Treasury Securities, <br> interest rates of 1.25% to <br> 4.63%, due 08/15/31 to <br> 11/15/49. The value of the <br> collateral including accrued <br> interest is $40,966,301. (e) | $40163039 |
|  | (Cost $40,163,039) |  |
|  | **Total Investments — 106.0%** | 711028584 |
|  | (Cost $652,865,589) |  |
|  | **Net Other Assets and** <br> **Liabilities — (6.0)%** | (40095046)<br>|
|  | **Net Assets — 100.0%** | $670933538 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Securities are issued in U.S. dollars unless otherwise indicated in the security description.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(c) All or a portion of this security is on loan for securities lending. The remaining contractual maturity of all of the securities lending transactions is overnight and continuous. The aggregate value of such securities is $38,564,472 and the total value of the collateral held by the Fund, including for securities sold and pending settlement, is $40,163,039.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Rate shown reflects yield as of December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(e) This security serves as collateral for securities on loan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| ADR | – American Depositary Receipt |
| CAD | – Canadian Dollar |
| CHF | – Swiss Franc |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| HKD | – Hong Kong Dollar |
| JPY | – Japanese Yen |
| KRW | – South Korean Won |
| SEK | – Swedish Krona |
| TWD | – New Taiwan Dollar |
| USD | – United States Dollar |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Country Allocation**<sup>†</sup> <br>| **% of Net** <br>**Assets**<br>|
| United States | &nbsp;&nbsp; 73.3% |
| Japan | &nbsp;&nbsp;&nbsp; 9.6 |
| United Kingdom | &nbsp;&nbsp;&nbsp; 3.7 |
| France | &nbsp;&nbsp;&nbsp; 2.7 |
| South Korea | &nbsp;&nbsp;&nbsp; 2.7 |
| Cayman Islands | &nbsp;&nbsp;&nbsp; 2.3 |
| Israel | &nbsp;&nbsp;&nbsp; 1.7 |
| Germany | &nbsp;&nbsp;&nbsp; 1.6 |
| Sweden | &nbsp;&nbsp;&nbsp; 1.6 |
| Taiwan | &nbsp;&nbsp;&nbsp; 1.5 |
| Switzerland | &nbsp;&nbsp;&nbsp; 1.4 |
| Netherlands | &nbsp;&nbsp;&nbsp; 1.2 |
| Canada | &nbsp;&nbsp;&nbsp; 1.2 |
| Finland | &nbsp;&nbsp;&nbsp; 0.7 |
| Jersey | &nbsp;&nbsp;&nbsp; 0.4 |
| Ireland | &nbsp;&nbsp;&nbsp; 0.4 |
| &nbsp;&nbsp;&nbsp; Total Investments | 106.0 |
| &nbsp;&nbsp;&nbsp; Net Other Assets and Liabilities | &nbsp;&nbsp; (6.0) |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>†</sup> Portfolio securities are categorized based upon their country of incorporation, which can be different from the country categorization of the Fund's underlying index.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total** <br>**Investments**<br>|
| USD | &nbsp;&nbsp; 75.5% |
| JPY | &nbsp;&nbsp;&nbsp; 9.1 |
| EUR | &nbsp;&nbsp;&nbsp; 4.8 |
| GBP | &nbsp;&nbsp;&nbsp; 3.5 |
| KRW | &nbsp;&nbsp;&nbsp; 2.5 |
| SEK | &nbsp;&nbsp;&nbsp; 1.5 |
| CHF | &nbsp;&nbsp;&nbsp; 1.3 |
| CAD | &nbsp;&nbsp;&nbsp; 0.7 |
| TWD | &nbsp;&nbsp;&nbsp; 0.7 |
| HKD | &nbsp;&nbsp;&nbsp; 0.4 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

------

**First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $669262497 | &nbsp;&nbsp; $669262497 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Money Market Funds | 1603048 | &nbsp;&nbsp; 1603048 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp; Repurchase <br> Agreements<br>| 40163039 | &nbsp;&nbsp; — | &nbsp;&nbsp; 40163039 | &nbsp;&nbsp; — |
| Total Investments | $711028584 | &nbsp;&nbsp; $670865545 | &nbsp;&nbsp; $40163039 | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Aerospace & Defense — 5.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2674 | HEICO Corp. | $865279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12612 | RTX Corp. | 2313041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4012 | Woodward, Inc. | 1212908 |
|  |  | 4391228 |
|  | **Banks — 6.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5695 | JPMorgan Chase & Co. | 1835043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8390 | Popular, Inc. | 1044723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21350 | Truist Financial Corp. | 1050633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9741 | Wells Fargo & Co. | 907861 |
|  |  | 4838260 |
|  | **Building Products — 6.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12341 | Allegion PLC | 1964934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10980 | Armstrong World Industries, Inc. | 2098278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8443 | &nbsp;&nbsp;&nbsp; Johnson Controls <br> International PLC | 1011049 |
|  |  | 5074261 |
|  | **Capital Markets — 13.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21384 | &nbsp;&nbsp;&nbsp; Bank of New York Mellon (The) <br> Corp. | 2482469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1561 | Blackrock, Inc. | 1670801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9996 | Cboe Global Markets, Inc. | 2508996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15497 | Charles Schwab (The) Corp. | 1548305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6120 | Houlihan Lokey, Inc. | 1066043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7663 | Raymond James Financial, Inc. | 1230601 |
|  |  | 10507215 |
|  | **Construction & Engineering** <br> **— 3.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17836 | AECOM | 1700306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28747 | API Group Corp. (a) | 1099860 |
|  |  | 2800166 |
|  | **Construction Materials —** <br> **2.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7277 | Vulcan Materials Co. | 2075546 |
|  | **Consumer Finance — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2523 | American Express Co. | 933384 |
|  | **Consumer Staples Distribution** <br> **& Retail — 9.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2448 | Casey's General Stores, Inc. | 1353034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19529 | Performance Food Group Co. (a) | 1756048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30626 | US Foods Holding Corp. (a) | 2306750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22113 | Walmart, Inc. | 2463610 |
|  |  | 7879442 |
|  | **Electric Utilities — 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16316 | Entergy Corp. | 1508088 |
|  | **Electrical Equipment — 1.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2505 | Acuity, Inc. | 901900 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Entertainment — 3.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15808 | &nbsp;&nbsp;&nbsp; Liberty Media Corp.-Liberty <br> Formula One, Class C (a) | $1557246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7416 | &nbsp;&nbsp;&nbsp; Live Nation Entertainment, <br> Inc. (a) | 1056780 |
|  |  | 2614026 |
|  | **Financial Services — 6.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4190 | Mastercard, Inc., Class A | 2391987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6853 | Visa, Inc., Class A | 2403416 |
|  |  | 4795403 |
|  | **Health Care Equipment &** <br> **Supplies — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4964 | ResMed, Inc. | 1195679 |
|  | **Health Care Providers &** <br> **Services — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9207 | Ensign Group (The), Inc. | 1603859 |
|  | **Health Care REITs — 3.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14054 | Welltower, Inc. | 2608563 |
|  | **Hotels, Restaurants & Leisure** <br> **— 4.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 288 | Booking Holdings, Inc. | 1542335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8413 | Hilton Worldwide Holdings, Inc. | 2416634 |
|  |  | 3958969 |
|  | **Insurance — 2.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7836 | Travelers (The) Cos., Inc. | 2272910 |
|  | **Machinery — 7.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2294 | Caterpillar, Inc. | 1314164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2495 | Cummins, Inc. | 1273573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6872 | ITT, Inc. | 1192361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1030 | Parker-Hannifin Corp. | 905329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3515 | RBC Bearings, Inc. (a) | 1576231 |
|  |  | 6261658 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 8.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 111147 | Antero Midstream Corp. | 1977305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3436 | Cheniere Energy, Inc. | 667924 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75956 | Kinder Morgan, Inc. | 2088030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29598 | Williams (The) Cos., Inc. | 1779136 |
|  |  | 6512395 |
|  | **Professional Services — 1.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4523 | Leidos Holdings, Inc. | 815949 |
|  | **Real Estate Management &** <br> **Development — 1.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6150 | CBRE Group, Inc., Class A (a) | 988859 |
|  | **Retail REITs — 2.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11456 | Simon Property Group, Inc. | 2120620 |
|  | **Software — 2.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4227 | Microsoft Corp. | 2044262 |

---

------

**First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Trading Companies &** <br> **Distributors — 2.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45440 | Fastenal Co. | $1823507 |
|  | **Total Common Stocks** | 80526149 |
|  | (Cost $77,990,705) |  |
| **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** | **MONEY MARKET FUNDS — 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 57532 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (b) | 57532 |
|  | (Cost $57,532) |  |
|  | **Total Investments — 100.0%** | 80583681 |
|  | (Cost $78,048,237) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (25870)<br>|
|  | **Net Assets — 100.0%** | $80557811 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Abbreviations throughout the Portfolio of Investments: <br> REITs – Real Estate Investment Trusts

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $80526149 | &nbsp;&nbsp; $80526149 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Money Market Funds | 57532 | &nbsp;&nbsp; 57532 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $80583681 | &nbsp;&nbsp; $80583681 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Dorsey Wright Momentum & Value ETF (DVLU)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 100.0%** | **COMMON STOCKS — 100.0%** | **COMMON STOCKS — 100.0%** |
|  | **Automobile Components —** <br> **2.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12049 | Aptiv PLC (a) | $916808 |
|  | **Banks — 15.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7209 | East West Bancorp, Inc. | 810220 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1838 | JPMorgan Chase & Co. | 592240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43584 | Old National Bancorp | 972359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7814 | Popular, Inc. | 972999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21816 | Truist Financial Corp. | 1073565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11389 | Wells Fargo & Co. | 1061455 |
|  |  | 5482838 |
|  | **Capital Markets — 8.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6651 | &nbsp;&nbsp;&nbsp; Bank of New York Mellon (The) <br> Corp. | 772115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 743 | &nbsp;&nbsp;&nbsp; Goldman Sachs Group (The), <br> Inc. | 653097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15386 | Jefferies Financial Group, Inc. | 953470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4467 | Raymond James Financial, Inc. | 717356 |
|  |  | 3096038 |
|  | **Construction & Engineering** <br> **— 3.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13729 | API Group Corp. (a) | 525272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 618 | EMCOR Group, Inc. | 378086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1437 | MasTec, Inc. (a) | 312361 |
|  |  | 1215719 |
|  | **Construction Materials —** <br> **1.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3939 | CRH PLC | 491587 |
|  | **Consumer Finance — 6.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4551 | Capital One Financial Corp. | 1102980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14828 | Synchrony Financial | 1237100 |
|  |  | 2340080 |
|  | **Consumer Staples Distribution** <br> **& Retail — 4.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8294 | Performance Food Group Co. (a) | 745797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10551 | US Foods Holding Corp. (a) | 794701 |
|  |  | 1540498 |
|  | **Electric Utilities — 2.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3841 | Entergy Corp. | 355024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4043 | NRG Energy, Inc. | 643807 |
|  |  | 998831 |
|  | **Electrical Equipment — 2.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1572 | Acuity, Inc. | 565983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4493 | Nextpower, Inc., Class A (a) | 391385 |
|  |  | 957368 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 4.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3006 | Jabil, Inc. | $685428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6908 | TD SYNNEX Corp. | 1037789 |
|  |  | 1723217 |
|  | **Entertainment — 4.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58188 | Warner Bros. Discovery, Inc. (a) | 1676978 |
|  | **Health Care Providers &** <br> **Services — 3.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1777 | Ensign Group (The), Inc. | 309554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4788 | Tenet Healthcare Corp. (a) | 951471 |
|  |  | 1261025 |
|  | **Hotels, Restaurants & Leisure** <br> **— 4.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2927 | Expedia Group, Inc. | 829248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36481 | &nbsp;&nbsp;&nbsp; Norwegian Cruise Line Holdings <br> Ltd. (a) | 814256 |
|  |  | 1643504 |
|  | **Household Durables — 5.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5895 | D.R. Horton, Inc. | 849057 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7887 | PulteGroup, Inc. | 924830 |
|  |  | 1773887 |
|  | **Insurance — 2.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3473 | Travelers (The) Cos., Inc. | 1007378 |
|  | **Leisure Products — 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6785 | Hasbro, Inc. | 556370 |
|  | **Machinery — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1021 | Cummins, Inc. | 521170 |
|  | **Metals & Mining — 1.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6049 | Newmont Corp. | 603993 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 3.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21076 | Antero Midstream Corp. | 374942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1403 | Cheniere Energy, Inc. | 272729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15327 | Kinder Morgan, Inc. | 421340 |
|  |  | 1069011 |
|  | **Passenger Airlines — 7.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19005 | Delta Air Lines, Inc. | 1318947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11189 | &nbsp;&nbsp;&nbsp; United Airlines Holdings, <br> Inc. (a) | 1251154 |
|  |  | 2570101 |
|  | **Professional Services — 1.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3471 | Leidos Holdings, Inc. | 626168 |
|  | **Real Estate Management &** <br> **Development — 4.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2561 | CBRE Group, Inc., Class A (a) | 411783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3444 | Jones Lang LaSalle, Inc. (a) | 1158803 |
|  |  | 1570586 |

---

------

**First Trust Dorsey Wright Momentum & Value ETF (DVLU)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 1.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2152 | First Solar, Inc. (a) | $562167 |
|  | **Technology Hardware, Storage** <br> **& Peripherals — 1.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3217 | NetApp, Inc. | 344508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6506 | Super Micro Computer, Inc. (a) | 190431 |
|  |  | 534939 |
|  | **Textiles, Apparel & Luxury** <br> **Goods — 0.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 920 | Ralph Lauren Corp. | 325321 |
|  | **Trading Companies &** <br> **Distributors — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1273 | &nbsp;&nbsp;&nbsp; Applied Industrial Technologies, <br> Inc. | 326868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1467 | Ferguson Enterprises, Inc. | 326598 |
|  |  | 653466 |
|  | **Total Common Stocks** | 35719048 |
|  | (Cost $31,439,627) |  |
| **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15556 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (b) | 15556 |
|  | (Cost $15,556) |  |
|  | **Total Investments — 100.0%** | 35734604 |
|  | (Cost $31,455,183) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.0)%** | (9387)<br>|
|  | **Net Assets — 100.0%** | $35725217 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Rate shown reflects yield as of December 31, 2025.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $35719048 | &nbsp;&nbsp; $35719048 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Money Market Funds | 15556 | &nbsp;&nbsp; 15556 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $35734604 | &nbsp;&nbsp; $35734604 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust International Developed Capital Strength**<sup>®</sup> **ETF (FICS)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) — 99.7%** | **COMMON STOCKS (a) — 99.7%** | **COMMON STOCKS (a) — 99.7%** |
|  | **Aerospace & Defense — 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12340 | Safran S.A. (EUR) | $4312880 |
|  | **Banks — 4.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29406 | Royal Bank of Canada (CAD) | 5013085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54086 | &nbsp;&nbsp;&nbsp; Toronto-Dominion Bank (The) <br> (CAD) | 5097494 |
|  |  | 10110579 |
|  | **Beverages — 2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 89758 | Coca-Cola HBC AG (GBP) | 4648392 |
|  | **Broadline Retail — 3.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24143 | Next PLC (GBP) | 4451942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 686700 | &nbsp;&nbsp;&nbsp; Pan Pacific International <br> Holdings Corp. (JPY) | 4087145 |
|  |  | 8539087 |
|  | **Capital Markets — 7.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74715 | 3i Group PLC (GBP) | 3286223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16481 | Deutsche Boerse AG (EUR) | 4332722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29285 | Euronext N.V. (EUR) (b) (c) | 4405209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 330700 | Singapore Exchange Ltd. (SGD) | 4363367 |
|  |  | 16387521 |
|  | **Chemicals — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19359 | Sika AG (CHF) | 3973960 |
|  | **Construction & Engineering** <br> **— 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68547 | Ferrovial SE (EUR) | 4457988 |
|  | **Consumer Staples Distribution** <br> **& Retail — 2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101500 | Loblaw Cos., Ltd. (CAD) | 4588594 |
|  | **Diversified Telecommunication** <br> **Services — 2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 1315700 | &nbsp;&nbsp;&nbsp; Singapore Telecommunications <br> Ltd. (SGD) | 4657254 |
|  | **Entertainment — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 155235 | &nbsp;&nbsp;&nbsp; Universal Music Group N.V. <br> (EUR) | 4055462 |
|  | **Financial Services — 2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 183775 | &nbsp;&nbsp;&nbsp; Poste Italiane S.p.A. <br> (EUR) (b) (c) | 4639081 |
|  | **Food Products — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39935 | Nestle S.A. (CHF) | 3969804 |
|  | **Health Care Equipment &** <br> **Supplies — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15584 | Sonova Holding AG (CHF) | 4074544 |
|  | **Hotels, Restaurants & Leisure** <br> **— 5.4%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54565 | Amadeus IT Group S.A. (EUR) | 4029597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101837 | Aristocrat Leisure Ltd. (AUD) | 3953977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125811 | Compass Group PLC (GBP) | 4009021 |
|  |  | 11992595 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Household Products — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 54006 | &nbsp;&nbsp;&nbsp; Reckitt Benckiser Group PLC <br> (GBP) | $4369283 |
|  | **Insurance — 16.6%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10533 | Allianz SE (EUR) | 4833752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103957 | Great-West Lifeco, Inc. (CAD) | 5126844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14642 | Hannover Rueck SE (EUR) | 4580572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6757 | &nbsp;&nbsp;&nbsp; Muenchener <br> Rueckversicherungs-<br> Gesellschaft AG in Muenchen <br> (EUR) | 4464327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 321951 | Prudential PLC (GBP) | 4966813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 380591 | Sampo Oyj, Class A (EUR) | 4620299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23340 | Swiss Re AG (CHF) | 3914555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6102 | &nbsp;&nbsp;&nbsp; Zurich Insurance Group AG <br> (CHF) | 4636010 |
|  |  | 37143172 |
|  | **IT Services — 3.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49224 | CGI, Inc. (CAD) | 4546733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 132300 | Obic Co., Ltd. (JPY) | 4157180 |
|  |  | 8703913 |
|  | **Machinery — 6.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90186 | Alfa Laval AB (SEK) | 4561953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65443 | Kone Oyj, Class B (EUR) | 4657580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11361 | Schindler Holding AG (CHF) | 4291392 |
|  |  | 13510925 |
|  | **Metals & Mining — 4.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 151165 | BHP Group Ltd. (AUD) | 4589042 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63205 | Rio Tinto PLC (GBP) | 5106700 |
|  |  | 9695742 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50413 | Imperial Oil Ltd. (CAD) | 4355378 |
|  | **Personal Care Products —** <br> **3.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9379 | L'Oreal S.A. (EUR) | 4040734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 64128 | Unilever PLC (GBP) | 4200601 |
|  |  | 8241335 |
|  | **Pharmaceuticals — 8.5%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25416 | AstraZeneca PLC (GBP) | 4724367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 196418 | GSK PLC (GBP) | 4830559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 32505 | Novartis AG (CHF) | 4497599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11940 | Roche Holding AG (CHF) | 4947239 |
|  |  | 18999764 |
|  | **Professional Services — 3.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 134099 | Bureau Veritas S.A. (EUR) | 4283377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38708 | SGS S.A. (CHF) | 4440107 |
|  |  | 8723484 |
|  | **Software — 1.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 282460 | Sage Group (The) PLC (GBP) | 4123420 |

---

------

**First Trust International Developed Capital Strength**<sup>®</sup> **ETF (FICS)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (a) (Continued)** | **COMMON STOCKS (a) (Continued)** | **COMMON STOCKS (a) (Continued)** |
|  | **Specialty Retail — 2.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75897 | &nbsp;&nbsp;&nbsp; Industria de Diseno Textil S.A. <br> (EUR) | $5025193 |
|  | **Trading Companies &** <br> **Distributors — 2.2%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 385000 | ITOCHU Corp. (JPY) | 4854284 |
|  | **Transportation Infrastructure** <br> **— 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 154191 | Aena SME S.A. (EUR) (b) (c) | 4316304 |
|  | **Total Common Stocks** | 222469938 |
|  | (Cost $195,905,083) |  |
| **WARRANTS (a) — 0.0%** | **WARRANTS (a) — 0.0%** | **WARRANTS (a) — 0.0%** |
|  | **Software — 0.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 753 | &nbsp;&nbsp;&nbsp; Constellation Software, Inc., <br> expiring 3/31/2040 <br> (CAD) (d) (e) (f) (g) | 0 |
|  | (Cost $0) |  |
| **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** | **MONEY MARKET FUNDS — 0.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84410 | &nbsp;&nbsp;&nbsp; Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (h) | 84410 |
|  | (Cost $84,410) |  |
|  | **Total Investments — 99.7%** | 222554348 |
|  | (Cost $195,989,493) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.3%** | 676121 |
|  | **Net Assets — 100.0%** | $223230469 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Securities are issued in U.S. dollars unless otherwise indicated in the security description.

&nbsp;&nbsp;&nbsp;&nbsp;(b) This security is exempt from registration upon resale under Rule 144A of the Securities Act of 1933, as amended (the "1933 Act") and may be resold in transactions exempt from registration, normally to qualified institutional buyers. This security is not restricted on the foreign exchange where it trades freely without any additional registration.

&nbsp;&nbsp;&nbsp;&nbsp;(c) This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the 1933 Act.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Pursuant to procedures adopted by the Trust's Board of Trustees, this security has been determined to be illiquid by First Trust Advisors L.P., the Fund's advisor.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(f) This security is fair valued by the Advisor's Pricing Committee in accordance with procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At December 31, 2025, securities noted as such are valued at $0 or 0.0% of net assets.

&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(g) This security's value was determined using significant unobservable inputs (see Valuation Inputs in the Additional Information section).

&nbsp;&nbsp;&nbsp;&nbsp;(h) Rate shown reflects yield as of December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| Abbreviations throughout the Portfolio of Investments: | Abbreviations throughout the Portfolio of Investments: |
| AUD | – Australian Dollar |
| CAD | – Canadian Dollar |
| CHF | – Swiss Franc |
| EUR | – Euro |
| GBP | – British Pound Sterling |
| JPY | – Japanese Yen |
| SEK | – Swedish Krona |
| SGD | – Singapore Dollar |
| USD | – United States Dollar |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Country Allocation**<sup>†</sup> <br>| **% of Net** <br>**Assets**<br>|
| United Kingdom | &nbsp;&nbsp; 19.7% |
| Switzerland | &nbsp;&nbsp; 19.4 |
| Canada | &nbsp;&nbsp; 12.9 |
| Germany | &nbsp;&nbsp;&nbsp; 8.2 |
| Spain | &nbsp;&nbsp;&nbsp; 6.0 |
| Japan | &nbsp;&nbsp;&nbsp; 5.9 |
| Netherlands | &nbsp;&nbsp;&nbsp; 5.8 |
| France | &nbsp;&nbsp;&nbsp; 5.7 |
| Finland | &nbsp;&nbsp;&nbsp; 4.2 |
| Singapore | &nbsp;&nbsp;&nbsp; 4.0 |
| Australia | &nbsp;&nbsp;&nbsp; 3.8 |
| Italy | &nbsp;&nbsp;&nbsp; 2.1 |
| Sweden | &nbsp;&nbsp;&nbsp; 2.0 |
| United States | &nbsp;&nbsp;&nbsp; 0.0<sup>†</sup><sup>†</sup> <br>|
| &nbsp;&nbsp;&nbsp; Total Investments | &nbsp;&nbsp; 99.7 |
| &nbsp;&nbsp;&nbsp; Net Other Assets and Liabilities | &nbsp;&nbsp;&nbsp; 0.3 |
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| <sup>†</sup> <br>| Portfolio securities are categorized based upon their country <br> of incorporation, which can be different from the country <br> categorization of the Fund's underlying index.<br>|
| <sup>†</sup><sup>†</sup> <br>| Amount is less than 0.1%. |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

**First Trust International Developed Capital Strength**<sup>®</sup> **ETF (FICS)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | |
|:---|:---|
| **Currency Exposure Diversification** | **% of Total** <br>**Investments**<br>|
| EUR | &nbsp;&nbsp; 31.9% |
| GBP | &nbsp;&nbsp; 21.9 |
| CHF | &nbsp;&nbsp; 17.4 |
| CAD | &nbsp;&nbsp; 12.9 |
| JPY | &nbsp;&nbsp;&nbsp; 5.9 |
| SGD | &nbsp;&nbsp;&nbsp; 4.1 |
| AUD | &nbsp;&nbsp;&nbsp; 3.8 |
| SEK | &nbsp;&nbsp;&nbsp; 2.1 |
| USD | &nbsp;&nbsp;&nbsp; 0.0<sup>‡</sup> <br>|
| &nbsp;&nbsp;&nbsp; Total | 100.0% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| <sup>‡</sup> <br>| Amount is less than 0.1%. |

---

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $222469938 | &nbsp;&nbsp; $222469938 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Warrants\* | —<br> \*\*<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; —<br> \*\*<br>|
| Money Market Funds | 84410 | &nbsp;&nbsp; 84410 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $222554348 | &nbsp;&nbsp; $222554348 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $—<br> \*\*<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

\*\* Investment is valued at $0.

Level 3 investments are fair valued by the Advisor's Pricing Committee and are footnoted in the Portfolio of Investments. All Level 3 values are based on unobservable inputs.

------

**First Trust S&P 500 Economic Moat ETF (EMOT)**

**Portfolio of Investments**

**December 31, 2025 (Unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** | **COMMON STOCKS — 99.9%** |
|  | **Aerospace & Defense — 2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 204 | Lockheed Martin Corp. | $98669 |
|  | **Beverages — 3.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1361 | Coca-Cola (The) Co. | 95147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 638 | PepsiCo, Inc. | 91566 |
|  |  | 186713 |
|  | **Broadline Retail — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 412 | Amazon.com, Inc. (a) | 95098 |
|  | **Commercial Services &** <br> **Supplies — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2438 | Copart, Inc. (a) | 95448 |
|  | **Communications Equipment** <br> **— 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1191 | Cisco Systems, Inc. | 91743 |
|  | **Consumer Staples Distribution** <br> **& Retail — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 844 | Walmart, Inc. | 94030 |
|  | **Electronic Equipment,** <br> **Instruments & Components** <br>**— 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 416 | Jabil, Inc. | 94856 |
|  | **Financial Services — 4.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 177 | Mastercard, Inc., Class A | 101046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 293 | Visa, Inc., Class A | 102758 |
|  |  | 203804 |
|  | **Health Care Equipment &** <br> **Supplies — 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136 | IDEXX Laboratories, Inc. (a) | 92008 |
|  | **Health Care Providers &** <br> **Services — 4.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 280 | Cencora, Inc. | 94570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118 | McKesson Corp. | 96794 |
|  |  | 191364 |
|  | **Hotels, Restaurants & Leisure** <br> **— 6.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 308 | McDonald's Corp. | 94134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1140 | Starbucks Corp. | 95999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 664 | Yum! Brands, Inc. | 100450 |
|  |  | 290583 |
|  | **Household Products — 6.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1229 | Colgate-Palmolive Co. | 97115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 927 | Kimberly-Clark Corp. | 93525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 683 | Procter & Gamble (The) Co. | 97881 |
|  |  | 288521 |
|  | **Insurance — 2.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 429 | Progressive (The) Corp. | 97692 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
|  | **Interactive Media & Services** <br> **— 4.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 298 | Alphabet, Inc., Class C | $93512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147 | Meta Platforms, Inc., Class A | 97033 |
|  |  | 190545 |
|  | **IT Services — 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 394 | VeriSign, Inc. | 95722 |
|  | **Life Sciences Tools & Services** <br> **— 2.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp; Mettler-Toledo International, <br> Inc. (a) | 94805 |
|  | **Oil, Gas & Consumable Fuels** <br> **— 1.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 321 | Texas Pacific Land Corp. | 92197 |
|  | **Pharmaceuticals — 4.3%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96 | Eli Lilly & Co. | 103169 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 809 | Zoetis, Inc. | 101789 |
|  |  | 204958 |
|  | **Professional Services — 4.0%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 368 | Automatic Data Processing, Inc. | 94661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 847 | Paychex, Inc. | 95016 |
|  |  | 189677 |
|  | **Semiconductors &** <br> **Semiconductor Equipment** <br>**— 11.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 347 | Applied Materials, Inc. | 89176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 77 | KLA Corp. | 93561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 568 | Lam Research Corp. | 97230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 520 | NVIDIA Corp. | 96980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 524 | QUALCOMM, Inc. | 89630 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 526 | Texas Instruments, Inc. | 91256 |
|  |  | 557833 |
|  | **Software — 9.8%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 279 | Adobe, Inc. (a) | 97647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55 | Fair Isaac Corp. (a) | 92984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1171 | Fortinet, Inc. (a) | 92989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200 | Microsoft Corp. | 96724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 429 | Oracle Corp. | 83617 |
|  |  | 463961 |
|  | **Specialty Retail — 7.9%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28 | AutoZone, Inc. (a) | 94962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 272 | Home Depot (The), Inc. | 93595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 388 | Lowe's Cos., Inc. | 93570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1021 | O'Reilly Automotive, Inc. (a) | 93126 |
|  |  | 375253 |
|  | **Technology Hardware, Storage** <br> **& Peripherals — 3.7%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 343 | Apple, Inc. | 93248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3749 | HP, Inc. | 83528 |
|  |  | 176776 |

---

------

**First Trust S&P 500 Economic Moat ETF (EMOT)**

**Portfolio of Investments (Continued)**

**December 31, 2025 (Unaudited)**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Textiles, Apparel & Luxury** <br> **Goods — 4.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1453 | NIKE, Inc., Class B | $92571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 812 | Tapestry, Inc. | 103749 |
|  |  | 196320 |
|  | **Tobacco — 4.1%**  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1628 | Altria Group, Inc. | 93871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 638 | Philip Morris International, Inc. | 102335 |
|  |  | 196206 |
|  | **Total Investments — 99.9%** | 4754782 |
|  | (Cost $4,691,600) |  |
|  | **Net Other Assets and** <br> **Liabilities — 0.1%** | 6382 |
|  | **Net Assets — 100.0%** | $4761164 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

------

**Valuation Inputs**

A summary of the inputs used to value the Fund's investments as of December 31, 2025 is as follows (see Valuation Inputs in the Additional Information section):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Total** <br>**Value at** <br>**12/31/2025**<br>| **Level 1** <br>**Quoted** <br>**Prices**<br>| **Level 2** <br>**Significant** <br>**Observable** <br>**Inputs**<br>| **Level 3** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>|
| Common Stocks\* | $4754782 | &nbsp;&nbsp; $4754782 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* See Portfolio of Investments for industry breakout.

------

**First Trust Exchange-Traded Fund VI**

**Additional Information**

**December 31, 2025 (Unaudited)**

**Valuation Inputs**

The Funds are subject to fair value accounting standards that define fair value, establish the framework for measuring fair value and provide a three-level hierarchy for fair valuation based upon the inputs to the valuation as of the measurement date. The three levels of the fair value hierarchy are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Level 2 inputs are observable inputs, either directly or indirectly. (Quoted prices for similar investments, valuations based on interest rates and yield curves, or valuations derived from observable market data.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Level 3 inputs are unobservable inputs that may reflect the reporting entity's own assumptions about the assumptions that market participants would use in pricing the investment.

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk associated with investing in those investments.

**Licensing Information**

Nasdaq<sup>®</sup>, Nasdaq Technology Dividend<sup>TM</sup> Index, Nasdaq US Multi-Asset Diversified Income<sup>TM</sup> Index, Nasdaq US Rising Dividend Achievers<sup>TM</sup> Index, Dorsey Wright Momentum Plus Dividend Yield<sup>TM</sup> Index, Nasdaq US Small Mid Cap Rising Dividend Achievers<sup>TM</sup> Index, Nasdaq CTA Artificial Intelligence and Robotics<sup>TM</sup> Index, Dorsey Wright Momentum Plus Low Volatility<sup>TM</sup> Index, Dorsey Wright Momentum Plus Value<sup>TM</sup> Index and The International Developed Capital Strength<sup>TM</sup> Index ("the Nasdaq Indexes") are registered trademarks and service marks of Nasdaq, Inc. (together with its affiliates hereinafter referred to as the "Corporations") and are licensed for use by First Trust. The Funds have not been passed on by the Corporations as to their legality or suitability. The Funds have not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUNDS.

First Trust Dorsey Wright Focus 5 ETF, First Trust Dorsey Wright Momentum & Dividend ETF, First Trust Dorsey Wright International Focus 5 ETF and First Trust Dorsey Wright Dynamic Focus 5 ETF are not sponsored, endorsed, sold or promoted by Dorsey, Wright & Associates, LLC ("Dorsey Wright"). Dorsey Wright makes no representation or warranty, express or implied, to the owners of the Funds or any member of the public regarding the advisability of trading in the Funds. Dorsey Wright's only relationship to First Trust is the licensing of certain trademarks and trade names of Dorsey Wright and of the Indexes, which are determined, composed and calculated by Dorsey Wright without regard to First Trust or the Funds.

Richard Bernstein Advisors and Richard Bernstein Advisors American Industrial Renaissance<sup>®</sup> Index ("Index") are trademarks and trade names of Richard Bernstein Advisors ("RBA"). The Fund is not sponsored, endorsed, sold or promoted by RBA and RBA makes no representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of trading in the Fund. RBA has no obligation to take the needs of First Trust or the owners of the Fund into consideration in determining or composing the Index. RBA is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the Fund to be listed or in the determination or calculation of the equation by which the Fund is to be converted into cash. RBA has no obligation or liability in connection with the administration, marketing or trading of the Fund.

S&P International Dividend Aristocrats Index and S&P 500<sup>®</sup> Economic Moat Index ("S&P Dow Jones Indexes") are products of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and have been licensed for use by First Trust. S&P<sup>®</sup> is a registered trademark of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones<sup>®</sup> is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by First Trust. The Funds are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the S&P Dow Jones Indexes.

Indxx and Indxx Blockchain Index ("Index") are trademarks of Indxx, Inc. ("Indxx") and have been licensed for use for certain purposes by First Trust. The Fund is not sponsored, endorsed, sold or promoted by Indxx and Indxx makes no representation regarding the advisability of trading in such product. The Index is determined, composed and calculated by Indxx without regard to First Trust or the Fund.

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** First Trust Exchange-Traded Fund VI

- **b. Investment Company Act file number:** 811-22717

- **c. CIK number of Registrant:** 0001552740

- **d. LEI of Registrant:** 549300ZLB3EUU3H8NE60

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 120 East Liberty Drive

  - **City:** Wheaton

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60187

  - **Telephone number:** 630-765-8000

**Item A.2. Information about the Series.**

- **a. Name of Series:** First Trust Dorsey Wright International Focus 5 ETF

- **b. EDGAR series identifier (if any):** S000046116

- **c. LEI of Series:** 549300BQPNWGKE23QP35

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $188553934.13

**Total Liabilities:** $48990.08

**Net Assets:** $188504944.05

**Cash Not Reported:** $734.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000144324 | -0.37%               | -0.86%               | 3.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4989943.58              | $-5630891.87                               |
| Month 2  | $0.00                    | $-1458849.52                               |
| Month 3  | $-2769615.20             | $7283560.60                                |

### Schedule of Portfolio Investments

| Name                                     | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First Trust United Kingdom AlphaDEX Fund | First Trust United Kingdom AlphaDEX Fund | CUSIP: 33737J224<br>LEI: 549300K2MYPIP58XVJ75 | Long             | EC               | RF                | US        |    748000 | NS      | $38080081.60  | 20.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management       | Dreyfus Government Cash Management       | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    300432 | NS      | $300431.72    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust China AlphaDEX Fund          | First Trust China AlphaDEX Fund          | CUSIP: 33737J141<br>LEI: 549300X7CFZMNE2POE32 | Long             | EC               | RF                | US        |   1327337 | NS      | $37523816.99  | 19.91%            |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Germany AlphaDEX Fund        | First Trust Germany AlphaDEX Fund        | CUSIP: 33737J190<br>LEI: 549300RQS253ACGNJL98 | Long             | EC               | RF                | US        |    601864 | NS      | $37532961.28  | 19.91%            |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Europe AlphaDEX Fund         | First Trust Europe AlphaDEX Fund         | CUSIP: 33737J117<br>LEI: 5493000IHJBNPZO0TC53 | Long             | EC               | RF                | US        |    701220 | NS      | $37693800.61  | 20.00%            |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Eurozone AlphaDEX ETF        | First Trust Eurozone AlphaDEX ETF        | CUSIP: 33737J505<br>LEI: 549300K49WGSLDHLM846 | Long             | EC               | RF                | US        |    609493 | NS      | $37422077.86  | 19.85%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-24

**Name of Applicant:** First Trust Exchange-Traded Fund VI

**Signature:** Derek Maltbie

**Name of Signer:** Derek Maltbie

**Title:** Treasurer, Chief Financial Officer and Chief Accounting Officer