# EDGAR Filing Document

**Accession Number:** 0001552740
**File Stem:** 0001445546-26-001912
**Filing Date:** 2026-3
**Character Count:** 269833
**Document Hash:** 96a322630b1051a4d26deb1935a7151b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001445546-26-001912.hdr.sgml**: 20260309

**ACCESSION NUMBER**: 0001445546-26-001912

**CONFORMED SUBMISSION TYPE**: N-CSR

**PUBLIC DOCUMENT COUNT**: 27

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260309

**DATE AS OF CHANGE**: 20260309

**EFFECTIVENESS DATE**: 20260309

**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:** N-CSR
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22717
- **FILM NUMBER:** 26734260

**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 BuyWrite Income ETF (Series ID: S000040302)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000125197 | First Trust BuyWrite Income ETF | FTHI            |

### First Trust Nasdaq BuyWrite Income ETF (Series ID: S000040305)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000125204 | First Trust Nasdaq BuyWrite Income ETF | FTQI            |

### First Trust Dorsey Wright DALI Equity ETF (Series ID: S000061869)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000200399 | First Trust Dorsey Wright DALI Equity ETF | DALI            |

### First Trust Small Cap BuyWrite Income ETF (Series ID: S000090516)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000257781 | First Trust Small Cap BuyWrite Income ETF | FTKI            |

?xml version='1.0' encoding='ASCII'? 38bb42ed-06a6-4159-86d9-5d74af4d7cc0

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

------

#### &nbsp;&nbsp;&nbsp;&nbsp; FORM N-CSR

------

#### CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number

811-22717

First Trust Exchange-Traded Fund VI

(Exact name of registrant as specified in charter)

------

120 East Liberty Drive, Suite 400

Wheaton, IL 60187

(Address of principal executive offices) (Zip code)

W. Scott Jardine, Esq.

First Trust Portfolios L.P.

120 East Liberty Drive, Suite 400

Wheaton, IL 60187

(Name and address of agent for service)

Registrant's telephone number, including area code:

&nbsp;&nbsp;&nbsp;&nbsp;(630) 765-8000

Date of fiscal year end:

December 31

Date of reporting period:

December 31, 2025

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

The information presented in this Form N-CSR relates solely to the fund(s) for which a report is included in Item 1 below, each a series of the Registrant.

#### Item 1. Reports to Shareholders.
(a) Following is a copy of the annual reports transmitted to shareholders pursuant to Rule 30e-1 under the Act.

![TSR - First Trust Fund Logo](images_30345.jpg)

### First Trust Dorsey Wright DALI Equity ETF

#### DALI \| Nasdaq, Inc.

#### ANNUAL SHAREHOLDER REPORT \| December 31, 2025
This annual shareholder report contains important information about the First Trust Dorsey Wright DALI Equity ETF (the "Fund") for the year of January 1, 2025 to December 31, 2025 (the "Period"). You can find additional information about the Fund at www.ftportfolios.com/fund-documents/etf/DALI. You can also request this information by contacting us at 1-800-621-1675 or info@ftportfolios.com.

 **This report describes changes to the Fund that occurred during or after the reporting period.**

#### WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)

---

| |
|:---|
| **Fund** |
| First Trust Dorsey Wright DALI Equity ETF$33<sup>(1)</sup>0.31%<sup>(1) (2)</sup> |

---

<sup>(1)</sup> Excludes any Acquired Fund Fees and Expenses of underlying investment companies in which the Fund invests.

<sup>(2)</sup> Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.30%.

#### HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND'S PERFORMANCE?
The Fund returned 11.75% during the 12 months ended December 31, 2025. The Fund underperformed its benchmark, the S&P 500<sup>®</sup> Index, which returned 17.88% for the same Period.

During the Period, investments in the Financials sector received the greatest allocation of any sector, with an average weight of 21.1% and contributed 3.1% to overall Fund growth. With an average weight of 18.4%, investments in the Industrials sector contributed 3.8% to overall Fund return, the greatest contribution of any sector. Investments in the Consumer Discretionary sector contributed –0.5% to overall Fund return, the most negative contribution of any sector, and held an average weight of 11.9%.

#### FUND PERFORMANCE (May 14, 2018 to December 31, 2025)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund's performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.

#### Investment Performance of $10,000
![Fund Performance - Growth of 10K](chartimages_11230153.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **Average Annual Total Returns (as of December 31, 2025)** | **1 Year** | **5 Year** | **Since<br> Inception<br> (5/14/18)** |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Dorsey Wright DALI Equity ETF | 11.75% | 6.66% | 5.80% |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq Dorsey Wright DALI Equity<sup>™</sup> Index | 12.01% | 7.07% | 6.16% |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup> Index | 17.88% | 14.42% | 14.65% |
| &nbsp;&nbsp;&nbsp;&nbsp;Bloomberg U.S. Aggregate Bond Index | 7.30% | -0.36% | 2.14% |

---

 **Visit www.ftportfolios.com/etf/DALI for more recent performance information.**

 **The Fund's past performance is not a good predictor of the Fund's future performance.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.

KEY FUND STATISTICS (As of December 31, 2025)

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$117905069 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;8 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fee paid** | &nbsp;&nbsp;&nbsp;&nbsp;$334463 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;58% |

---

#### WHAT DID THE FUND INVEST IN? (As of December 31, 2025)
The table below shows the investment makeup of the Fund, representing the percentage of total investments of the Fund.

 **Top Holdings**

---

| | |
|:---|:---|
| First Trust Small Cap Growth AlphaDEX<sup>®</sup> Fund | 17.6% |
| First Trust Large Cap Growth AlphaDEX<sup>®</sup> Fund | 17.3% |
| First Trust Indxx Aerospace & Defense ETF | 13.6% |
| First Trust Financials AlphaDEX<sup>®</sup> Fund | 13.0% |
| First Trust Utilities AlphaDEX<sup>®</sup> Fund | 13.0% |
| First Trust Dow Jones Internet Index Fund | 12.7% |
| First Trust Nasdaq Semiconductor ETF | 12.5% |
| Dreyfus Government Cash Management Fund, Institutional Shares, Class I | 0.3% |

---

#### HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since January 1, 2025. For more complete information, you may review the Fund's prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/DALI or upon request at 1-800-621-1675 or info@ftportfolios.com.

During the fiscal year ended December 31, 2025, the Fund's name changed to "First Trust Dorsey Wright DALI Equity ETF". Additionally, the name of the Fund's underlying index changed to the "Nasdaq Dorsey Wright DALI Equity<sup>™</sup> Index" (the "Index") and the Index's methodology was updated to remove commodities from the asset classes that are eligible for inclusion in the Index. The Fund's principal investment strategies and principal risks were revised accordingly.

#### WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit www.ftportfolios.com/fund-documents/etf/DALI to view additional information about the Fund such as the prospectus, financial information, Fund holdings and proxy voting information. You may also request this information by contacting us at 1-800-621-1675 or info@ftportfolios.com.

#### OTHER INFORMATION
Nasdaq<sup>®</sup> and Nasdaq Dorsey Wright DALI Equity<sup>TM</sup> Index 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 Advisors L.P. The Fund has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.

First Trust Dorsey Wright DALI Equity ETF (DALI)

![TSR - First Trust Fund Logo](images_30345.jpg)

### First Trust Small Cap BuyWrite Income ETF

#### FTKI \| NYSE Arca, Inc.

#### ANNUAL SHAREHOLDER REPORT \| December 31, 2025
This annual shareholder report contains important information about the First Trust Small Cap BuyWrite Income ETF (the "Fund") for the period of February 26, 2025 (commencement of investment operations) to December 31, 2025 (the "Period"). You can find additional information about the Fund at www.ftportfolios.com/fund-documents/etf/FTKI. You can also request this information by contacting us at 1-800-621-1675 or info@ftportfolios.com.

#### WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)

---

| |
|:---|
| **Fund** |
| First Trust Small Cap BuyWrite Income ETF$74<sup>(1)</sup>0.86%<sup>(2) (3)</sup> |

---

<sup>(1)</sup> The Fund commenced investment operations on February 26, 2025. Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher.

<sup>(2)</sup> Annualized.

<sup>(3)</sup> Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%.

#### HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND'S PERFORMANCE?
The Fund returned 3.33% for the Period from its inception on February 26, 2025 through its fiscal year-end on December 31, 2025. The Fund underperformed its benchmark, the Cboe Russell 2000 BuyWrite Index, which returned 5.82% for the same Period.

This underperformance was the result of the Fund's equity strategy underperforming the benchmark's equity index strategy. While the Fund's option strategy outperformed the benchmark's option strategy, it was not sufficient to offset the shortfall from the equity strategy.

The overall economic backdrop from January 1, 2025 to December 31, 2025 was characterized by solid economic growth and slightly falling inflation. During the Period, the following broad-based economic indicators highlighted these trends:

* Over the most recent four quarters of available data, quarterly gross domestic product ("GDP") growth averaged 2.4%, according to recent estimates from the Bureau of Economic Analysis

* The year-over-year consumer price index ("CPI") declined from 2.9% as of December 31, 2024, to 2.7% as of December 31, 2025

U.S. equities rallied during the Period, although the advance was not linear. A near-bear market occurred in the Russell 2000<sup>®</sup> Index from mid-February through the first week of April (the decline was almost 19% over this period). For the Period, the Russell 2000<sup>®</sup> Index gained 15.57%, the S&P 500<sup>®</sup> Index was up 16.19%, and the technology heavy Nasdaq-100 Index<sup>®</sup> advanced 20.22%.

Interest rates at the shorter end of the yield curve (one-year constant maturity Treasuries) fell during the Period as the Federal Reserve cut its short-term benchmark rate three times, each by 0.25%. Longer-term rates (10-year Treasuries) also declined during the Period, as rising unemployment and weakening consumer confidence weighed on the market.

The Fund benefitted from this economic backdrop, as its equity holdings rallied strongly, although they underperformed the underlying equity portfolio of the benchmark. On average, the Fund's equity portfolio was underweight health care, materials, and real estate sectors and overweight consumer discretionary, financials, and industrials stocks. The combined relative impact of the sector allocations was negative. The Fund's stock selection process also detracted from relative returns during the Period. While stock selection added value in the information technology and financials sectors, individual security selection for the other sectors was a negative contributor to relative return.

The Fund's option strategy consists of the following:

* Selling slightly out-of-the-money index call options on the IWM ETF.

* Call options sold during the period had expirations ranging from one to three months

This approach contrasts with the benchmark's option strategy, which employs a 100% overwrite using at-the-money one-month calls that are rolled on the third Friday of each month. During the Period, the Fund's option strategy outperformed. However, this outperformance was not strong enough to overcome the relative underperformance of the Fund's equity strategy which resulted in the Fund underperforming the benchmark during the Period.

#### FUND PERFORMANCE (February 26, 2025 to December 31, 2025)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund's performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.

#### Investment Performance of $10,000
![Fund Performance - Growth of 10K](chartimages_11230279.jpg)

---

| | |
|:---|:---|
| **Average Annual Total Returns (as of December 31, 2025)** | **Since<br>Inception<br>(2/26/25)** |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Small Cap BuyWrite Income ETF | 3.33% |
| &nbsp;&nbsp;&nbsp;&nbsp;Cboe Russell 2000 BuyWrite Index | 5.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;Russell 3000<sup>®</sup> Index | 15.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;Russell 2000<sup>®</sup> Index | 15.57% |

---

**Visit www.ftportfolios.com/etf/FTKI for more recent performance information.**

**The Fund's past performance is not a good predictor of the Fund's future performance.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.

KEY FUND STATISTICS (As of December 31, 2025)

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$943120 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;181 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fee paid** | &nbsp;&nbsp;&nbsp;&nbsp;$6713 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;114% |

---

#### WHAT DID THE FUND INVEST IN? (As of December 31, 2025)
The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| Lumentum Holdings, Inc. | 3.1% |
| Argan, Inc. | 1.7% |
| NU Holdings Ltd., Class A | 1.7% |
| Western Union (The) Co. | 1.3% |
| Taiwan Semiconductor Manufacturing Co., Ltd., ADR | 1.3% |
| CareTrust REIT, Inc. | 1.3% |
| ASML Holding N.V. | 1.2% |
| Monarch Casino & Resort, Inc. | 1.2% |
| Granite Construction, Inc. | 1.2% |
| Insmed, Inc. | 1.2% |

---

**Sector Allocation**

![Graphical Representation - Allocation 2 Chart](chartimages_11230289.jpg)

#### WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit www.ftportfolios.com/fund-documents/etf/FTKI to view additional information about the Fund such as the prospectus, financial information, Fund holdings and proxy voting information. You may also request this information by contacting us at 1-800-621-1675 or info@ftportfolios.com.

First Trust Small Cap BuyWrite Income ETF (FTKI)

![TSR - First Trust Fund Logo](images_30345.jpg)

### First Trust BuyWrite Income ETF

#### FTHI \| Nasdaq, Inc.

#### ANNUAL SHAREHOLDER REPORT \| December 31, 2025
This annual shareholder report contains important information about the First Trust BuyWrite Income ETF (the "Fund") for the period of January 1, 2025 to December 31, 2025 (the "Period"). You can find additional information about the Fund at www.ftportfolios.com/fund-documents/etf/FTHI. You can also request this information by contacting us at 1-800-621-1675 or info@ftportfolios.com.

**This report describes changes to the Fund that occurred during or after the reporting period.**

#### WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Fund** | **Costs of a $10,000 investment** |
| First Trust BuyWrite Income ETF | $800.76%<sup>(1)</sup> |

---

<sup>(1)</sup> Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.75%.

#### HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND'S PERFORMANCE?
The Fund returned 11.01% for the 12 months ended December 31, 2025. The Fund outperformed its benchmark, the Cboe S&P 500<sup>®</sup> BuyWrite Monthly Index, which returned 8.91% for the same Period.

This outperformance was the result of the Fund's equity option strategy outperforming the benchmark's equity option strategy. While the Fund's underlying equity strategy underperformed the benchmark's equity strategy, this was more than offset by the equity option outperformance.

The overall economic backdrop during the Period, was characterized by solid economic growth and slightly falling inflation. During the Period, the following broad-based economic indicators highlighted these trends:

* Over the most recent four quarters of available data, quarterly gross domestic product growth averaged 2.4%, according to recent estimates from the Bureau of Economic Analysis

* The year-over-year consumer price index declined from 2.9% as of December 31, 2024 to 2.7% as of December 31, 2025

U.S. equities rallied during the fiscal year, although the advance was not linear. A near-bear market occurred in the S&P 500<sup>®</sup> Index from mid-February through the first week of April, with the index declining by approximately 19% over that timeframe. For the full year, the S&P 500<sup>®</sup> Index rose 17.88% percent, while the technology heavy Nasdaq-100 Index<sup>®</sup> gained 21.02%.

Interest rates at the shorter end of the yield curve (one-year constant maturity Treasuries) fell during the year as the Federal Reserve cut its short-term benchmark rate three times, each by 0.25%. Longer-term rates (10-year Treasuries) also declined during the Period, as rising unemployment and weakening consumer confidence weighed on the market.

The Fund benefitted from this economic backdrop, as its equity holdings rallied strongly, although they underperformed the underlying equity portfolio of the benchmark. On average, the Fund's equity portfolio was underweight information technology, industrial, and consumer discretionary sectors and overweight consumer staples, materials, and real estate stocks. The combined relative impact of the sector allocations was slightly negative. The Fund's stock selection process also slightly detracted from relative returns during the Period. While stock selection added value in the energy, financials, health care, industrials, and materials sectors, individual security selection in the communications services, consumer staples and discretionary, information technology, real estate, and utilities sectors were negative contributors to relative return.

The Fund's option strategy consists of the following:

* Selling slightly out-of-the-money index call options on the S&P 500<sup>®</sup> Index

* Call options sold during the Period had expirations ranging from one to three months

This approach contrasts with the benchmark's option strategy, which employs a 100% overwrite using at-the-money one-month calls that are rolled on the third Friday of each month. During the Period, the Fund's option strategy outperformed. This outperformance was strong enough to overcome the relative underperformance of the Fund's equity strategy which resulted in the Fund outperforming the benchmark during the Period.

#### FUND PERFORMANCE (December 31, 2015 to December 31, 2025)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund's performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.

#### Investment Performance of $10,000
![Fund Performance - Growth of 10K](chartimages_11230195.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **Average Annual Total Returns (as of December 31, 2025)** | **1 Year** | **5 Year** | **10 Year** |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust BuyWrite Income ETF | 11.01% | 11.52% | 8.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;Cboe S&P 500<sup>®</sup> BuyWrite Monthly Index | 8.91% | 9.33% | 7.31% |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup> Index | 17.88% | 14.42% | 14.82% |

---

**Visit www.ftportfolios.com/etf/FTHI for more recent performance information.**

**The Fund's past performance is not a good predictor of the Fund's future performance.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.

KEY FUND STATISTICS (As of December 31, 2025)

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$1867492253 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;187 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fee paid** | &nbsp;&nbsp;&nbsp;&nbsp;$10655875 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;58% |

---

#### WHAT DID THE FUND INVEST IN? (As of December 31, 2025)
The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.

**Top Ten Holdings**

---

| | |
|:---|:---|
| NVIDIA Corp. | 7.4% |
| Microsoft Corp. | 6.7% |
| Apple, Inc. | 6.5% |
| Amazon.com, Inc. | 3.3% |
| Visa, Inc., Class A | 2.6% |
| Broadcom, Inc. | 2.5% |
| Dreyfus Government Cash Management Fund, Institutional Shares, Class I | 2.4% |
| Alphabet, Inc., Class A | 2.4% |
| Mastercard, Inc., Class A | 2.1% |
| Alphabet, Inc., Class C | 2.0% |

---

**Sector Allocation**

![Graphical Representation - Allocation 2 Chart](chartimages_11230205.jpg)

#### HOW HAS THE FUND MATERIALLY CHANGED?
This is a summary of certain changes to the Fund since January 1, 2025. For more complete information, you may review the Fund's prospectus and any applicable supplements at www.ftportfolios.com/fund-documents/etf/FTHI or upon request at 1-800-621-1675 or info@ftportfolios.com.

During the fiscal year ended December 31, 2025, the investment policy limiting the market value of the Fund's option strategy to 20% of the Fund's overall net asset value was removed.

#### WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit www.ftportfolios.com/fund-documents/etf/FTHI to view additional information about the Fund such as the prospectus, financial information, Fund holdings and proxy voting information. You may also request this information by contacting us at 1-800-621-1675 or info@ftportfolios.com.

First Trust BuyWrite Income ETF (FTHI)

![TSR - First Trust Fund Logo](images_30345.jpg)

### First Trust Nasdaq BuyWrite Income ETF

#### FTQI \| Nasdaq, Inc.

#### ANNUAL SHAREHOLDER REPORT \| December 31, 2025
This annual shareholder report contains important information about the First Trust Nasdaq BuyWrite Income ETF (the "Fund") for the period of January 1, 2025 to December 31, 2025 (the "Period"). You can find additional information about the Fund at www.ftportfolios.com/fund-documents/etf/FTQI. You can also request this information by contacting us at 1-800-621-1675 or info@ftportfolios.com.

#### WHAT WERE THE FUND COSTS FOR THE LAST YEAR?
(Based on a hypothetical $10,000 investment)

---

| | |
|:---|:---|
| **Fund** | **Costs of a $10,000 investment** |
| First Trust Nasdaq BuyWrite Income ETF | $810.76%<sup>(1)</sup> |

---

<sup>(1)</sup> Includes extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.75%.

#### HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND'S PERFORMANCE?
The Fund returned 12.53% for the 12 months ended December 31, 2025. The Fund outperformed its benchmark, the Cboe Nasdaq-100 BuyWrite™ Index, which returned 7.87% for the same Period.

This outperformance was the result of the Fund's equity option strategy outperforming the benchmark's equity option strategy. While the Fund's underlying equity strategy underperformed the benchmark's equity strategy, this was more than offset by the equity option outperformance.

The overall economic backdrop during the Period, was characterized by solid economic growth and slightly falling inflation. During the Period, the following broad-based economic indicators highlighted these trends:

* Over the most recent four quarters of available data, quarterly gross domestic product growth averaged 2.4%, according to recent estimates from the Bureau of Economic Analysis 

* 
 The year-over-year consumer price index declined from 2.9% as of December 31, 2024 to 2.7% as of December 31, 2025 

U.S. equities rallied during the Period, although the advance was not linear. A near-bear market occurred in the Nasdaq-100 Index<sup>®</sup> from

mid-February through the first week of April, with the index declining by over 22% over that timeframe. For the Period, the S&P 500<sup>®</sup> Index rose 17.88% and the technology heavy Nasdaq-100 Index<sup>®</sup> gained 21.02%.

Interest rates at the shorter end of the yield curve (one-year constant maturity Treasuries) fell during the year as the Federal Reserve cut its short-term benchmark rate three times, each by 0.25%. Longer-term rates (10-year Treasuries) also declined during the Period, as rising unemployment and weakening consumer confidence weighed on the market.

The Fund benefitted from this economic backdrop, as its equity holdings rallied strongly, although they underperformed the underlying equity portfolio of the benchmark. On average, the Fund's equity portfolio was underweight the information technology, consumer discretionary, and communication services sectors and overweight financials, health care, and energy stocks. The combined relative impact of the sector allocations was negative. The Fund's stock selection process was additive to relative returns during the Period, although not enough to overcome the negative allocation effect. Stock selection added value in the consumer staples, energy, financials, and industrials sectors, with financials having the biggest impact. Individual security selection for the other seven sectors were negative contributors to relative return.

The Fund's option strategy consists of the following:

* Selling slightly out-of-the-money index call options on the Nasdaq-100 Index<sup>®</sup> 

* Call options sold during the Period had expirations ranging from one to three months 

This approach contrasts with the benchmark's option strategy, which employs a 100% overwrite using at-the-money one-month calls that are rolled on the third Friday of each month. During the Period, the Fund's option strategy outperformed. This outperformance was strong enough to overcome the relative underperformance of the Fund's equity strategy which resulted in the Fund outperforming the benchmark during the Period.

#### FUND PERFORMANCE (December 31, 2015 to December 31, 2025)
The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods, as applicable (or for the life of the Fund, if shorter), as of the end of the Period. Both the line graph and performance table compare the Fund's performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.

#### Investment Performance of $10,000
![Fund Performance - Growth of 10K](chartimages_11230237.jpg)

---

| | | | |
|:---|:---|:---|:---|
| **Average Annual Total Returns (as of December 31, 2025)** | **1 Year** | **5 Year** | **10 Year** |
| &nbsp;&nbsp;&nbsp;&nbsp;First Trust Nasdaq BuyWrite Income ETF | 12.53% | 10.53% | 7.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;Cboe Nasdaq-100 BuyWrite<sup>TM</sup> Index | 7.87% | 8.20% | 8.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P 500<sup>®</sup> Index | 17.88% | 14.42% | 14.82% |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq-100 Index<sup>®</sup> | 21.02% | 15.30% | 19.70% |

---

 **Visit www.ftportfolios.com/etf/FTQI for more recent performance information.**

 **The Fund's past performance is not a good predictor of the Fund's future performance.** The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.

KEY FUND STATISTICS (As of December 31, 2025)

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**Fund net assets** | &nbsp;&nbsp;&nbsp;&nbsp;$765598422 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total number of portfolio holdings** | &nbsp;&nbsp;&nbsp;&nbsp;167 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Total advisory fee paid** | &nbsp;&nbsp;&nbsp;&nbsp;$4843799 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Portfolio turnover rate** | &nbsp;&nbsp;&nbsp;&nbsp;59% |

---

#### WHAT DID THE FUND INVEST IN? (As of December 31, 2025)
The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.

 **Top Ten Holdings**

---

| | |
|:---|:---|
| NVIDIA Corp. | 8.0% |
| Apple, Inc. | 7.8% |
| Microsoft Corp. | 7.1% |
| Advanced Micro Devices, Inc. | 4.4% |
| Amazon.com, Inc. | 4.1% |
| Broadcom, Inc. | 3.7% |
| Tesla, Inc. | 3.7% |
| Dreyfus Government Cash Management Fund, Institutional Shares, Class I | 2.7% |
| Meta Platforms, Inc., Class A | 2.6% |
| Palantir Technologies, Inc., Class A | 2.4% |

---

 **Sector Allocation**

![Graphical Representation - Allocation 2 Chart](chartimages_11230247.jpg)

#### WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?
Visit www.ftportfolios.com/fund-documents/etf/FTQI to view additional information about the Fund such as the prospectus, financial information, Fund holdings and proxy voting information. You may also request this information by contacting us at 1-800-621-1675 or info@ftportfolios.com.

First Trust Nasdaq BuyWrite Income ETF (FTQI)

(b) Not applicable to the Registrant.

**Item 2. Code of Ethics.**

&nbsp;&nbsp;&nbsp;&nbsp;(a) The First Trust Exchange-Traded Fund VI ("Registrant"), as of the end of the period covered
by this report, has adopted a code of ethics that applies to the Registrant's principal executive officer, principal financial officer,
principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed
by the Registrant or a third party.

&nbsp;&nbsp;&nbsp;&nbsp;(c) There have been no amendments, during the period covered by this report, to a provision of the code
of ethics that applies to the Registrant's principal executive officer, principal financial officer, principal accounting officer or controller,
or persons performing similar functions, regardless of whether these individuals are employed by the Registrant or a third party, and
that relates to any element of the code of ethics description.

&nbsp;&nbsp;&nbsp;&nbsp;(d) The Registrant, during the period covered by this report, has not granted any waivers, including an
implicit waiver, from a provision of the code of ethics that applies to the Registrant's principal executive officer, principal
financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals
are employed by the Registrant or a third party, that relates to one or more of the items set forth in paragraph (b) of this item's
instructions.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;(f) A copy of the code of ethics that applies to the Registrant's principal executive officer, principal
financial officer, principal accounting officer or controller is filed as an exhibit pursuant to Item 13(a)(1).

**Item 3. Audit Committee Financial Expert.**

The Registrant's Board of Trustees has determined that Thomas J. Driscoll, Thomas R. Kadlec and Robert F. Keith are qualified to serve as audit committee financial experts serving on its audit committee and that each of them is "independent," as defined by Item 3 of Form N-CSR.

**Item 4. Principal Accountant Fees and Services.**

&nbsp;&nbsp;&nbsp;&nbsp;(a) Audit Fees (Registrant) -- The aggregate fees billed for professional services rendered by the principal
accountant for the audit of the Registrant's annual financial statements or services that are normally provided by the accountant
in connection with statutory and regulatory filings or engagements were $52,750 for the fiscal year ended 2024 and $80,875 for the fiscal
year ended 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Audit-Related Fees (Registrant) -- The aggregate fees billed for assurance and related services by
the principal accountant that are reasonably related to the performance of the audit of the Registrant's financial statements and
are not reported under paragraph (a) of this Item were $0 for the fiscal year ended 2024 and $0 for the fiscal year ended 2025.

Audit-Related Fees (Investment Advisor) -- The aggregate fees billed for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the Registrant's financial statements and are not reported under paragraph (a) of this Item were $0 for the fiscal year ended 2024 and $0 for the fiscal year ended 2025.

Audit-Related Fees (Distributor) -- The aggregate fees billed for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the Registrant's financial statements and are not reported under paragraph (a) of this Item were $0 for the fiscal year ended 2024 and $0 for the fiscal year ended 2025.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Tax Fees (Registrant) -- The aggregate fees billed for professional services rendered by the principal
accountant for tax return review and debt instrument tax analysis and reporting were $10,000 for the fiscal year ended 2024 and $57,500
for the fiscal year ended 2025.

Tax Fees (Investment Advisor) -- The aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning to the Registrant's advisor were $0 for the fiscal year ended 2024 and $0 for the fiscal year ended 2025.

Tax Fees (Distributor) -- The aggregate fees billed for professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning to the Registrant's distributor were $0 for the fiscal year ended 2024 and $0 for the fiscal year ended 2025.

These fees were for tax consultation and/or tax return preparation.

&nbsp;&nbsp;&nbsp;&nbsp;(d) All Other Fees (Registrant) -- The aggregate fees billed for products and services provided by the
principal accountant to the Registrant, other than the services reported in paragraphs (a) through (c) of this Item were $0 for the fiscal
year ended 2024 and $0 for the fiscal year ended 2025.

All Other Fees (Investment Advisor) -- The aggregate fees billed for products and services provided by the principal accountant to the Registrant's investment advisor, other than the services reported in paragraphs (a) through (c) of this Item were $0 for the fiscal year ended 2024 and $0 for the fiscal year ended 2025.

All Other Fees (Distributor) -- The aggregate fees billed for products and services provided by the principal accountant to the Registrant's distributor, other than the services reported in paragraphs (a) through (c) of this Item were $0 for the fiscal year ended 2024 and $0 for the fiscal year ended 2025.

(e)(1) Disclose the audit committee's pre-approval policies and procedures described in paragraph (c) (7) of Rule 2-01 of Regulation S-X.

Pursuant to its charter and its Audit and Non-Audit Services Pre-Approval Policy, the Audit Committee (the "Committee") is responsible for the pre-approval of all audit services and permitted non-audit services (including the fees and terms thereof) to be performed for the Registrant by its independent auditors. The Chairman of the Committee is authorized to give such pre-approvals on behalf of the Committee up to $25,000 and report any such pre-approval to the full Committee.

The Committee is also responsible for the pre-approval of the independent auditor's engagements for non-audit services with the Registrant's advisor (not including a sub-advisor whose role is primarily portfolio management and is sub-contracted or overseen by another investment advisor) and any entity controlling, controlled by or under common control with the investment advisor that provides ongoing services to the Registrant, if the engagement relates directly to the operations and financial reporting of the Registrant, subject to the de minimis exceptions for non-audit services described in Rule 2-01 of Regulation S-X. If the independent auditor has provided non-audit services to the Registrant's advisor (other than any sub-advisor whose role is primarily portfolio management and is sub-contracted with or overseen by another investment advisor) and any entity controlling, controlled by or under common control with the investment advisor that provides ongoing services to the Registrant that were not pre-approved pursuant to its policies, the Committee will consider whether the provision of such non-audit services is compatible with the auditor's independence.

(e)(2) The percentage of services described in each of paragraphs (b) through (d) for the Registrant and the Registrant's investment advisor and distributor of this Item that were approved by the audit committee pursuant to the pre-approval exceptions included in paragraph (c)(7)(i)(C) or paragraph(C)(7)(ii) of Rule 2-01 of Regulation S-X are as follows:

---

| | |
|:---|:---|
| &nbsp;&nbsp;Registrant: | &nbsp;&nbsp;Advisor and Distributor: |
| &nbsp;&nbsp;(b) 0% | &nbsp;&nbsp; (b) 0% |
| &nbsp;&nbsp;(c) 0% | &nbsp;&nbsp; (c) 0% |
| &nbsp;&nbsp;(d) 0% | &nbsp;&nbsp; (d) 0% |

---

&nbsp;&nbsp;&nbsp;&nbsp;(f) The percentage of hours expended on the principal accountant's engagement to audit the Registrant's
financial statements for the most recent fiscal year that were attributed to work performed by persons other than the principal accountant's
full-time, permanent employees was less than fifty percent.

&nbsp;&nbsp;&nbsp;&nbsp;(g) The aggregate non-audit fees billed by the Registrant's accountant for services rendered to
the Registrant, and rendered to the Registrant's investment advisor (not including any sub-advisor whose role is primarily portfolio
management and is subcontracted with or overseen by another investment advisor), and any entity controlling, controlled by, or under common
control with the advisor that provides ongoing services to the Registrant for the fiscal year ended 2024 were $10,000 for the Registrant,
$28,080 for the Registrant's investment advisor and $32,400 for the Registrant's distributor; and for the fiscal year ended
2025 were $57,500 for the Registrant, $28,620 for the Registrant's investment advisor and $32,940 for the Registrant's distributor.

&nbsp;&nbsp;&nbsp;&nbsp;(h) The Registrant's audit committee of its Board of Trustees has determined that the provision
of non-audit services that were rendered to the Registrant's investment advisor (not including any sub-advisor whose role is primarily
portfolio management and is subcontracted with or overseen by another investment advisor), and any entity controlling, controlled by,
or under common control with the investment advisor that provides ongoing services to the Registrant that were not pre-approved pursuant
to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant's independence.

(i) Not applicable to the Registrant.

(j) Not applicable to the Registrant.

**Item 5. Audit Committee of Listed Registrants.**

&nbsp;&nbsp;&nbsp;&nbsp;(a) The Registrant has a separately designated standing audit committee established in accordance with
Section 3(a)(58)(A) of the Securities Exchange Act of 1934 consisting of all the independent directors of the Registrant. The audit
committee of the Registrant is comprised of: Thomas J. Driscoll, Richard E. Erickson, Thomas R. Kadlec, Denise M. Keefe, Robert F. Keith,
Niel B. Nielson and Bronwyn Wright.

(b) Not applicable to the Registrant.

**Item 6. Investments.**

&nbsp;&nbsp;&nbsp;&nbsp;(a) The Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting
period is included in the Financial Statements and Other Information filed under Item 7(a) of this Form N-CSR.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable to the Registrant.

**Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.**

(a) Following is a copy of the annual financial statement(s) required, and for the periods specified, by Regulation S-X.

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

Annual Financial Statements and Other Information <br> For the Period Ended December 31, 2025

![](imga35fbfff1.gif)

<u>First Trust Exchange-Traded Fund VI</u>

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

First Trust Dorsey Wright DALI Equity ETF (DALI) (formerly known as First Trust Dorsey Wright DALI 1 ETF) <br> First Trust Small Cap BuyWrite Income ETF (FTKI)

------

**Table of Contents** 

**First Trust Exchange-Traded Fund VI**

**Annual Financial Statements and Other Information**

**December 31, 2025** 

---

| | |
|:---|:---|
| [Portfolio of Investments](#xx_f08c771f-d46d-4c17-9aba-1fc3df580a0a_SOI-TOC-ScheduleofInvestments-4447_1) |  |
| [First Trust Dorsey Wright DALI Equity ETF (DALI)](#xx_f08c771f-d46d-4c17-9aba-1fc3df580a0a_SOI-TOC-ScheduleofInvestments-4447_1) | 1 |
| [First Trust Small Cap BuyWrite Income ETF (FTKI)](#xx_f08c771f-d46d-4c17-9aba-1fc3df580a0a_SOI-TOC-ScheduleofInvestments-4973_1) | 2 |
| [Statements of Assets and Liabilities](#xx_f08c771f-d46d-4c17-9aba-1fc3df580a0a_SAL1-TOC-StatementofAssetsandLiabilities-4447_1) | 9 |
| [Statements of Operations](#xx_f08c771f-d46d-4c17-9aba-1fc3df580a0a_SOP1-TOC-StatementofOperations-4973_1) | 10 |
| [Statements of Changes in Net Assets](#xx_f08c771f-d46d-4c17-9aba-1fc3df580a0a_SOC1-TOC-StatementofChanges-4973_1) | 11 |
| [Financial Highlights](#xx_f08c771f-d46d-4c17-9aba-1fc3df580a0a_FIHI-TOC-FinancialHighlights-4973_1) | 12 |
| [Notes to Financial Statements](#xx_f08c771f-d46d-4c17-9aba-1fc3df580a0a_NTF-TOC-NotestoFinancialStatements-4447_1) | 14 |
| [Report of Independent Registered Public Accounting Firm](#xx_f08c771f-d46d-4c17-9aba-1fc3df580a0a_AUD-TOC-RIRPAFirm-4447_1) | 23 |
| [Other Information](#xx_f08c771f-d46d-4c17-9aba-1fc3df580a0a_AI-TOC-AdditionalInformation-4447_1) | 24 |

---

**Performance and Risk Disclosure**

There is no assurance that any series of First Trust Exchange-Traded Fund VI (the "Trust") described in this report (each such series is referred to as a "Fund" and collectively, as the "Funds") will achieve its investment objectives. Each Fund is subject to market risk, which is the possibility that the market values of securities owned by the Fund will decline and that the value of the Fund's shares may therefore be less than what you paid for them. Accordingly, you can lose money by investing in a Fund.

Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. For the most recent month-end performance figures, please visit www.ftportfolios.com or speak with your financial advisor. Investment returns, net asset value and share price will fluctuate and Fund shares, when sold, may be worth more or less than their original cost.

First Trust Advisors L.P., the Funds' advisor, may also periodically provide additional information on Fund performance on each Fund's webpage at www.ftportfolios.com.

**How to Read This Report**

This report contains information that may help you evaluate your investment. It includes details about each Fund and presents data that provides insight into each Fund's performance and investment approach.

The material risks of investing in each Fund are spelled out in its prospectus, statement of additional information, and other Fund regulatory filings.

------

**First Trust Dorsey Wright DALI Equity ETF (DALI)**

**Portfolio of Investments**

**December 31, 2025**

&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%** |  |
| 55946 | First Trust Dow Jones Internet <br> Index Fund (b) | $15059544 |
| 255506 | First Trust Financials <br> AlphaDEX<sup>®</sup> Fund | 15419787 |
| 374592 | First Trust Indxx Aerospace & <br> Defense ETF | 16028792 |
| 127635 | First Trust Large Cap Growth <br> AlphaDEX<sup>®</sup> Fund | 20405799 |
| 114463 | First Trust Nasdaq <br> Semiconductor ETF | 14826930 |
| 216354 | First Trust Small Cap Growth <br> AlphaDEX<sup>®</sup> Fund | 20795644 |
| 340409 | First Trust Utilities AlphaDEX<sup>®</sup> <br> Fund | 15321809 |
|  | **Total Exchange-Traded Funds** | 117858305 |
|  | (Cost $95,586,008) |  |
| **MONEY MARKET FUNDS — 0.3%** | **MONEY MARKET FUNDS — 0.3%** | **MONEY MARKET FUNDS — 0.3%** |
| 375715 | Dreyfus Government Cash <br> Management Fund, <br> Institutional Shares - <br> 3.65% (c) | 375715 |
|  | (Cost $375,715) |  |
|  | **Total Investments — 100.3%** | 118234020 |
|  | (Cost $95,961,723) |  |
|  | **Net Other Assets and** <br> **Liabilities — (0.3)%** | (328951)<br>|
|  | **Net Assets — 100.0%** | $117905069 |

---

&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 Note 2A - Portfolio Valuation in the Notes to Financial Statements):

&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>|
| Exchange-Traded <br> Funds\*<br>| $117858305 | &nbsp;&nbsp; $117858305 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| Money Market Funds | 375715 | &nbsp;&nbsp; 375715 | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| Total Investments | $118234020 | &nbsp;&nbsp; $118234020 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

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

\* See Portfolio of Investments for industry breakout.

See Notes to Financial Statements

------

**First Trust Small Cap BuyWrite Income ETF (FTKI)**

**Portfolio of Investments**

**December 31, 2025**

&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 — 0.5%**  |  |
| 136 | Leonardo DRS, Inc. (a) | $4636 |
|  | **Automobile Components — 2.9%**  |  |
| 32 | Dorman Products, Inc. (b) | 3942 |
| 324 | Garrett Motion, Inc. | 5647 |
| 34 | LCI Industries | 4126 |
| 777 | QuantumScape Corp. (a) (b) | 8096 |
| 57 | Visteon Corp. | 5421 |
|  |  | 27232 |
|  | **Banks — 5.4%**  |  |
| 34 | Ameris Bancorp | 2525 |
| 69 | Axos Financial, Inc. (a) (b) | 5945 |
| 33 | Bank of NT Butterfield & Son (The) Ltd. | 1644 |
| 74 | Cathay General Bancorp | 3581 |
| 53 | Customers Bancorp, Inc. (b) | 3875 |
| 35 | First Bancorp | 1778 |
| 155 | First BanCorp | 3213 |
| 66 | Hancock Whitney Corp. | 4203 |
| 944 | NU Holdings Ltd., Class A (a) (b) | 15802 |
| 113 | Provident Financial Services, Inc. | 2232 |
| 159 | United Bankshares, Inc. (a) | 6106 |
|  |  | 50904 |
|  | **Biotechnology — 3.2%**  |  |
| 207 | Catalyst Pharmaceuticals, Inc. (a) (b) | 4831 |
| 42 | Exelixis, Inc. (a) (b) | 1841 |
| 58 | Immunocore Holdings PLC, ADR (b) | 2013 |
| 65 | Insmed, Inc. (a) (b) | 11313 |
| 108 | KalVista Pharmaceuticals, Inc. (b) | 1744 |
| 32 | Mirum Pharmaceuticals, Inc. (b) | 2528 |
| 14 | Rhythm Pharmaceuticals, Inc. (b) | 1498 |
| 67 | Rigel Pharmaceuticals, Inc. (b) | 2870 |
| 40 | Scholar Rock Holding Corp. (b) | 1762 |
|  |  | 30400 |
|  | **Broadline Retail — 0.8%**  |  |
| 4 | Dillard's, Inc., Class A | 2426 |
| 96 | Etsy, Inc. (b) | 5322 |
|  |  | 7748 |
|  | **Building Products — 1.0%**  |  |
| 11 | Advanced Drainage Systems, Inc. | 1593 |
| 43 | Armstrong World Industries, Inc. (a) | 8217 |
|  |  | 9810 |
|  | **Capital Markets — 2.6%**  |  |
| 16 | Affiliated Managers Group, Inc. | 4612 |
| 58 | Artisan Partners Asset Management, Inc., Class A | 2363 |
| 168 | Federated Hermes, Inc. (a) | 8748 |
| 74 | UBS Group AG | 3427 |
| 317 | XP, Inc., Class A (a) | 5189 |
|  |  | 24339 |

---

See Notes to Financial Statements

------

**First Trust Small Cap BuyWrite Income ETF (FTKI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Chemicals — 0.3%**  |  |
| 4 | NewMarket Corp. | $2749 |
|  | **Commercial Services & Supplies — 1.5%**  |  |
| 37 | Brady Corp., Class A | 2900 |
| 243 | Montrose Environmental Group, Inc. (a) (b) | 6034 |
| 190 | OPENLANE, Inc. (a) (b) | 5658 |
|  |  | 14592 |
|  | **Communications Equipment — 4.9%**  |  |
| 205 | CommScope Holding Co., Inc. (b) | 3717 |
| 79 | Lumentum Holdings, Inc. (a) (b) | 29119 |
| 173 | NetScout Systems, Inc. (a) (b) | 4681 |
| 946 | Telefonaktiebolaget LM Ericsson, ADR (a) | 9129 |
|  |  | 46646 |
|  | **Construction & Engineering — 5.9%**  |  |
| 51 | Argan, Inc. (a) | 15979 |
| 12 | Comfort Systems USA, Inc. | 11199 |
| 158 | Fluor Corp. (a) (b) | 6262 |
| 100 | Granite Construction, Inc. (a) | 11535 |
| 49 | MYR Group, Inc. (a) (b) | 10707 |
|  |  | 55682 |
|  | **Consumer Finance — 2.6%**  |  |
| 84 | Bread Financial Holdings, Inc. | 6219 |
| 23 | Dave, Inc. (b) | 5092 |
| 62 | FirstCash Holdings, Inc. (a) | 9882 |
| 24 | Nelnet, Inc., Class A | 3191 |
|  |  | 24384 |
|  | **Consumer Staples Distribution & Retail — 0.4%**  |  |
| 28 | PriceSmart, Inc. | 3435 |
|  | **Distributors — 0.4%**  |  |
| 90 | GigaCloud Technology, Inc., Class A (b) | 3535 |
|  | **Diversified Consumer Services — 1.1%**  |  |
| 93 | Frontdoor, Inc. (b) | 5365 |
| 170 | Perdoceo Education Corp. (a) | 4986 |
|  |  | 10351 |
|  | **Diversified REITs — 0.5%**  |  |
| 291 | Broadstone Net Lease, Inc. (a) | 5055 |
|  | **Electric Utilities — 1.6%**  |  |
| 294 | Hawaiian Electric Industries, Inc. (b) | 3616 |
| 229 | Portland General Electric Co. (a) | 10990 |
|  |  | 14606 |
|  | **Electrical Equipment — 0.7%**  |  |
| 43 | EnerSys (a) | 6310 |
|  | **Electronic Equipment, Instruments & Components — 4.1%**  |  |
| 10 | Celestica, Inc. (b) | 2956 |
| 73 | ePlus, Inc. (a) | 6402 |
| 136 | Flex Ltd. (a) (b) | 8217 |
| 62 | IPG Photonics Corp. (a) (b) | 4439 |
| 192 | Knowles Corp. (b) | 4115 |

---

See Notes to Financial Statements

------

**First Trust Small Cap BuyWrite Income ETF (FTKI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Electronic Equipment, Instruments & Components (Continued)**  |  |
| 64 | Sanmina Corp. (a) (b) | $9604 |
| 81 | ScanSource, Inc. (b) | 3164 |
|  |  | 38897 |
|  | **Energy Equipment & Services — 1.6%**  |  |
| 91 | Cactus, Inc., Class A | 4157 |
| 122 | TechnipFMC PLC (a) | 5436 |
| 75 | Weatherford International PLC | 5870 |
|  |  | 15463 |
|  | **Entertainment — 0.4%**  |  |
| 36 | Sphere Entertainment Co. (b) | 3423 |
|  | **Financial Services — 5.8%**  |  |
| 48 | Essent Group Ltd. | 3121 |
| 55 | EVERTEC, Inc. | 1600 |
| 56 | Jackson Financial, Inc., Class A (a) | 5972 |
| 101 | MGIC Investment Corp. | 2951 |
| 78 | NMI Holdings, Inc. (b) | 3182 |
| 591 | Pagseguro Digital Ltd., Class A | 5697 |
| 118 | Radian Group, Inc. | 4247 |
| 427 | Rocket Cos., Inc., Class A (a) | 8267 |
| 106 | Sezzle, Inc. (a) (b) | 6728 |
| 1367 | Western Union (The) Co. (a) | 12727 |
|  |  | 54492 |
|  | **Food Products — 1.2%**  |  |
| 123 | Cal-Maine Foods, Inc. (a) | 9787 |
| 45 | Vital Farms, Inc. (b) | 1437 |
|  |  | 11224 |
|  | **Gas Utilities — 0.8%**  |  |
| 95 | Spire, Inc. (a) | 7857 |
|  | **Health Care Providers & Services — 4.0%**  |  |
| 45 | Addus HomeCare Corp. (a) (b) | 4833 |
| 22 | Chemed Corp. (a) | 9413 |
| 40 | Ensign Group (The), Inc. (a) | 6968 |
| 46 | Nutex Health, Inc. (b) | 7572 |
| 338 | Progyny, Inc. (a) (b) | 8680 |
|  |  | 37466 |
|  | **Health Care REITs — 3.4%**  |  |
| 334 | CareTrust REIT, Inc. (a) | 12077 |
| 455 | Healthcare Realty Trust, Inc. (a) | 7712 |
| 46 | National Health Investors, Inc. | 3513 |
| 149 | Omega Healthcare Investors, Inc. (a) | 6607 |
| 132 | Sabra Health Care REIT, Inc. | 2500 |
|  |  | 32409 |
|  | **Hotels, Restaurants & Leisure — 3.1%**  |  |
| 156 | Atour Lifestyle Holdings Ltd., ADR | 6146 |
| 121 | Monarch Casino & Resort, Inc. (a) | 11580 |
| 50 | Planet Fitness, Inc., Class A (a) (b) | 5424 |
| 82 | Travel + Leisure Co. | 5783 |
|  |  | 28933 |

---

See Notes to Financial Statements

------

**First Trust Small Cap BuyWrite Income ETF (FTKI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Household Durables — 1.8%**  |  |
| 60 | Green Brick Partners, Inc. (b) | $3760 |
| 53 | M/I Homes, Inc. (a) (b) | 6781 |
| 16 | Toll Brothers, Inc. | 2163 |
| 10 | TopBuild Corp. (b) | 4172 |
|  |  | 16876 |
|  | **Household Products — 0.1%**  |  |
| 58 | Reynolds Consumer Products, Inc. | 1329 |
|  | **Industrial REITs — 0.5%**  |  |
| 129 | STAG Industrial, Inc. (a) | 4742 |
|  | **Insurance — 4.5%**  |  |
| 29 | Axis Capital Holdings Ltd. | 3106 |
| 510 | Genworth Financial, Inc. (b) | 4605 |
| 15 | Hanover Insurance Group (The), Inc. | 2742 |
| 24 | HCI Group, Inc. | 4601 |
| 65 | Horace Mann Educators Corp. | 3002 |
| 9 | Kinsale Capital Group, Inc. | 3520 |
| 130 | Lemonade, Inc. (a) (b) | 9253 |
| 36 | Palomar Holdings, Inc. (b) | 4851 |
| 183 | SiriusPoint Ltd. (b) | 4006 |
| 59 | Skyward Specialty Insurance Group, Inc. (b) | 3015 |
|  |  | 42701 |
|  | **Interactive Media & Services — 0.7%**  |  |
| 136 | Cargurus, Inc. (b) | 5216 |
| 57 | EverQuote, Inc., Class A (b) | 1539 |
|  |  | 6755 |
|  | **Leisure Products — 0.6%**  |  |
| 47 | Acushnet Holdings Corp. | 3751 |
| 45 | YETI Holdings, Inc. (b) | 1988 |
|  |  | 5739 |
|  | **Life Sciences Tools & Services — 1.1%**  |  |
| 45 | Illumina, Inc. (b) | 5902 |
| 97 | QIAGEN N.V. (a) | 4362 |
|  |  | 10264 |
|  | **Machinery — 1.2%**  |  |
| 10 | ITT, Inc. | 1735 |
| 198 | Kennametal, Inc. (a) | 5625 |
| 14 | Watts Water Technologies, Inc., Class A | 3865 |
|  |  | 11225 |
|  | **Marine Transportation — 1.1%**  |  |
| 192 | Genco Shipping & Trading Ltd. | 3538 |
| 320 | ZIM Integrated Shipping Services Ltd. (a) | 6794 |
|  |  | 10332 |
|  | **Media — 1.0%**  |  |
| 18 | Nexstar Media Group, Inc. | 3655 |
| 291 | TEGNA, Inc. (a) | 5648 |
|  |  | 9303 |
|  | **Metals & Mining — 1.8%**  |  |
| 88 | Constellium SE (b) | 1659 |

---

See Notes to Financial Statements

------

**First Trust Small Cap BuyWrite Income ETF (FTKI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Metals & Mining (Continued)**  |  |
| 37 | Kaiser Aluminum Corp. | $4250 |
| 391 | Kinross Gold Corp. (a) | 11010 |
|  |  | 16919 |
|  | **Oil, Gas & Consumable Fuels — 4.2%**  |  |
| 106 | Calumet, Inc. (b) | 2106 |
| 208 | CVR Energy, Inc. (a) (b) | 5292 |
| 183 | Dorian LPG Ltd. | 4454 |
| 77 | HF Sinclair Corp. | 3548 |
| 221 | Peabody Energy Corp. (a) | 6564 |
| 175 | Permian Resources Corp. | 2455 |
| 138 | Petroleo Brasileiro S.A. - Petrobras, ADR | 1635 |
| 159 | Scorpio Tankers, Inc. (a) | 8082 |
| 99 | Teekay Tankers Ltd., Class A (a) | 5289 |
|  |  | 39425 |
|  | **Passenger Airlines — 0.6%**  |  |
| 100 | Latam Airlines Group S.A., ADR | 5401 |
|  | **Pharmaceuticals — 4.3%**  |  |
| 251 | Amphastar Pharmaceuticals, Inc. (a) (b) | 6722 |
| 143 | Collegium Pharmaceutical, Inc. (a) (b) | 6621 |
| 227 | Indivior PLC (a) (b) | 8145 |
| 185 | Innoviva, Inc. (b) | 3698 |
| 38 | Novartis AG, ADR (a) | 5239 |
| 87 | Pacira BioSciences, Inc. (b) | 2251 |
| 246 | Phathom Pharmaceuticals, Inc. (b) | 4081 |
| 90 | Royalty Pharma PLC, Class A | 3478 |
|  |  | 40235 |
|  | **Professional Services — 1.7%**  |  |
| 583 | Legalzoom.com, Inc. (a) (b) | 5789 |
| 48 | Maximus, Inc. | 4144 |
| 315 | Upwork, Inc. (a) (b) | 6243 |
|  |  | 16176 |
|  | **Semiconductors & Semiconductor Equipment — 3.7%**  |  |
| 11 | ASML Holding N.V. | 11768 |
| 20 | Axcelis Technologies, Inc. (b) | 1607 |
| 77 | Cirrus Logic, Inc. (a) (b) | 9124 |
| 40 | Taiwan Semiconductor Manufacturing Co., Ltd., ADR (a) | 12156 |
|  |  | 34655 |
|  | **Software — 5.5%**  |  |
| 59 | BILL Holdings, Inc. (b) | 3218 |
| 100 | BlackLine, Inc. (a) (b) | 5529 |
| 216 | Clear Secure, Inc., Class A (a) | 7577 |
| 184 | Dropbox, Inc., Class A (a) (b) | 5115 |
| 21 | Elastic N.V. (b) | 1584 |
| 505 | Freshworks, Inc., Class A (a) (b) | 6186 |
| 33 | InterDigital, Inc. (a) | 10507 |
| 46 | Qualys, Inc. (a) (b) | 6113 |

---

See Notes to Financial Statements

------

**First Trust Small Cap BuyWrite Income ETF (FTKI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Software (Continued)**  |  |
| 141 | Teradata Corp. (b) | $4292 |
| 18 | Workiva, Inc. (b) | 1553 |
|  |  | 51674 |
|  | **Specialized REITs — 0.4%**  |  |
| 186 | Rayonier, Inc. | 4027 |
|  | **Specialty Retail — 1.3%**  |  |
| 23 | Murphy USA, Inc. (a) | 9281 |
| 7 | Winmark Corp. | 2835 |
|  |  | 12116 |
|  | **Technology Hardware, Storage & Peripherals — 0.2%**  |  |
| 8 | Sandisk Corp. (b) | 1899 |
|  | **Textiles, Apparel & Luxury Goods — 0.3%**  |  |
| 98 | G-III Apparel Group Ltd. | 2838 |
|  | **Trading Companies & Distributors — 1.3%**  |  |
| 34 | AerCap Holdings N.V. | 4888 |
| 9 | FTAI Aviation Ltd. (a) | 1771 |
| 93 | Xometry, Inc., Class A (b) | 5531 |
|  |  | 12190 |
|  | **Wireless Telecommunication Services — 1.3%**  |  |
| 321 | America Movil S.A.B. de C.V., ADR (a) | 6635 |
| 108 | Millicom International Cellular S.A. | 5988 |
|  |  | 12623 |
|  | **Total Common Stocks** | 942022 |
|  | (Cost $769,333) |  |
| **MONEY MARKET FUNDS — 0.3%** | **MONEY MARKET FUNDS — 0.3%** | **MONEY MARKET FUNDS — 0.3%** |
| 3398 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.65% (c) | 3398 |
|  | (Cost $3,398) |  |
|  | **Total Investments — 100.2%** | 945420 |
|  | (Cost $772,731) |  |

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Number of** <br>**Contracts**<br>| **Description** | **Notional** <br>**Amount**<br>| **Exercise** <br>**Price**<br>| **Expiration** <br>**Date**<br>| **Value** |
| **WRITTEN OPTIONS — (0.3)%** | **WRITTEN OPTIONS — (0.3)%** | **WRITTEN OPTIONS — (0.3)%** | **WRITTEN OPTIONS — (0.3)%** | **WRITTEN OPTIONS — (0.3)%** | **WRITTEN OPTIONS — (0.3)%** |
|  | **Call Options Written — (0.3)%** | **Call Options Written — (0.3)%** | **Call Options Written — (0.3)%** | **Call Options Written — (0.3)%** |  |
| (6) | iShares Russell 2000 ETF  | $(147696)<br>| $250.00 | 01/16/26 | (1266)<br>|
| (6) | iShares Russell 2000 ETF  | (147696)<br>| 254.00 | 01/16/26 | (588)<br>|
| (6) | iShares Russell 2000 ETF  | (147696)<br>| 255.00 | 01/16/26 | (468)<br>|
| (5) | iShares Russell 2000 ETF  | (123080)<br>| 257.00 | 01/16/26 | (255)<br>|
| (6) | iShares Russell 2000 ETF  | (147696)<br>| 258.00 | 01/16/26 | (228)<br>|
|  | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | (2805)<br>|
|  | (Premiums received $18,509) | (Premiums received $18,509) | (Premiums received $18,509) | (Premiums received $18,509) |  |
|  | **Net Other Assets and Liabilities — 0.1%** | **Net Other Assets and Liabilities — 0.1%** | **Net Other Assets and Liabilities — 0.1%** | **Net Other Assets and Liabilities — 0.1%** | 505 |
|  | **Net Assets — 100.0%** | **Net Assets — 100.0%** | **Net Assets — 100.0%** | **Net Assets — 100.0%** | $943120 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) All
 or a portion of this security is pledged as collateral for the options written. At December 31, 2025, the value of these securities amounts
 to $379,290.

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

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

See Notes to Financial Statements

------

**First Trust Small Cap BuyWrite Income ETF (FTKI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

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

Abbreviations throughout the Portfolio of Investments: <br> ADR – American Depositary Receipt <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 Note 2A - Portfolio Valuation in the Notes to Financial Statements):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **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; $942022 | &nbsp;&nbsp;&nbsp;&nbsp; $942022 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— |
| Money Market Funds | &nbsp;&nbsp; 3398 | &nbsp;&nbsp;&nbsp;&nbsp; 3398 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Total Investments | &nbsp;&nbsp; $945420 | &nbsp;&nbsp;&nbsp;&nbsp; $945420 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **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>|
| Written Options | &nbsp;&nbsp; $(2805)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(2805)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— |

---

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

\* See Portfolio of Investments for industry breakout.

See Notes to Financial Statements

------

**First Trust Exchange-Traded Fund VI**

**Statements of Assets and Liabilities**

**December 31, 2025**

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

---

| | | |
|:---|:---|:---|
|  | **First Trust** <br> **Dorsey Wright** <br> **DALI Equity** <br> **ETF** <br>**(DALI)** <br>| **First Trust** <br> **Small Cap** <br> **BuyWrite** <br> **Income ETF** <br>**(FTKI)** <br>|
| **ASSETS:** |  |  |
| Investments, at value - Affiliated | $117858305 | &nbsp;&nbsp; $— |
| Investments, at value - Unaffiliated | 375715 | &nbsp;&nbsp; 945420 |
| Total investments, at value | 118234020 | &nbsp;&nbsp; 945420 |
| Cash segregated as collateral |  | &nbsp;&nbsp; 815 |
| Dividends receivable | 740 | &nbsp;&nbsp; 1661 |
| Total Assets | 118234760 | &nbsp;&nbsp; 947896 |
| **LIABILITIES:** |  |  |
| Options contracts written, at value |  | &nbsp;&nbsp; 2805 |
| Due to broker |  | &nbsp;&nbsp; 1284 |
| Payables: |  |  |
| Investment securities purchased | 299545 | &nbsp;&nbsp; — |
| Investment advisory fees | 30146 | &nbsp;&nbsp; 687 |
| Total Liabilities | 329691 | &nbsp;&nbsp; 4776 |
| **NET ASSETS** | $117905069 | &nbsp;&nbsp; $943120 |
| **NET ASSETS consist of:** |  |  |
| Paid-in capital | $126270709 | &nbsp;&nbsp; $921361 |
| Par value | 41000 | &nbsp;&nbsp; 500 |
| Accumulated distributable earnings (loss) | (8406640)<br>| &nbsp;&nbsp; 21259 |
| **NET ASSETS** | $117905069 | &nbsp;&nbsp; $943120 |
| **NET ASSET VALUE,** per share | $28.76 | &nbsp;&nbsp; $18.86 |
| Number of shares outstanding (unlimited number of shares authorized, par value $0.01 per <br> share)<br>| 4100002 | &nbsp;&nbsp; 50002 |
| Investments, at cost - Affiliated | $95586008 | &nbsp;&nbsp; $— |
| Investments, at cost - Unaffiliated | $375715 | &nbsp;&nbsp; $772731 |
| Total investments, at cost | $95961723 | &nbsp;&nbsp; $772731 |
| Premiums received on options contracts written | $— | &nbsp;&nbsp; $18509 |

---

See Notes to Financial Statements

------

**First Trust Exchange-Traded Fund VI**

**Statements of Operations**

**For the Period Ended December 31, 2025**

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

---

| | | |
|:---|:---|:---|
|  | **First Trust** <br> **Dorsey Wright** <br> **DALI Equity** <br> **ETF** <br>**(DALI)** <br>| **First Trust** <br> **Small Cap** <br> **BuyWrite** <br> **Income ETF** <br>**(FTKI) (a)**<br>|
| **INVESTMENT INCOME:** |  |  |
| Dividends - Affiliated | $797857 | &nbsp;&nbsp; $— |
| Dividends - Unaffiliated | 2831 | &nbsp;&nbsp; 14009 |
| Total investment income | 800688 | &nbsp;&nbsp; 14009 |
| **EXPENSES:** |  |  |
| Investment advisory fees | 334463<br>| &nbsp;&nbsp; 6713<br>|
| Other expenses | 8254 | &nbsp;&nbsp; 71 |
| Total expenses | 342717 | &nbsp;&nbsp; 6784 |
| **NET INVESTMENT INCOME (LOSS)** | 457971 | &nbsp;&nbsp; 7225 |
| **NET REALIZED AND UNREALIZED GAIN (LOSS):** |  |  |
| Net realized gain (loss) on: |  |  |
| Investments - Affiliated | 4417261 | &nbsp;&nbsp; — |
| Investments - Unaffiliated |  | &nbsp;&nbsp; (93504)<br>|
| In-kind redemptions - Affiliated | 1043300 | &nbsp;&nbsp; — |
| Investments sold short |  | &nbsp;&nbsp; (13051)<br>|
| Written options contracts |  | &nbsp;&nbsp; (60345)<br>|
| Net realized gain (loss) | 5460561 | &nbsp;&nbsp; (166900)<br>|
| Net change in unrealized appreciation (depreciation) on: |  |  |
| Investments - Affiliated | 6880305 | &nbsp;&nbsp; — |
| Investments - Unaffiliated |  | &nbsp;&nbsp; 172689 |
| Written options contracts |  | &nbsp;&nbsp; 15704 |
| Net change in unrealized appreciation (depreciation) | 6880305 | &nbsp;&nbsp; 188393 |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | 12340866 | &nbsp;&nbsp; 21493 |
| **NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | $12798837 | &nbsp;&nbsp; $28718 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Inception
 date is February 26, 2025, which is consistent with the commencement of investment operations and is the date the initial
 creation units were established.

See Notes to Financial Statements

------

**First Trust Exchange-Traded Fund VI**

**Statements of Changes in Net Assets** 

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

---

| | | | |
|:---|:---|:---|:---|
|  | **First Trust Dorsey Wright DALI** <br> **Equity ETF (DALI)** | **First Trust Dorsey Wright DALI** <br> **Equity ETF (DALI)** | **First Trust** <br> **Small Cap** <br> **BuyWrite** <br> **Income ETF** <br> **(FTKI)**<br>|
|  | **Year** <br>**Ended** <br>**12/31/2025** <br>| **Year** <br>**Ended** <br>**12/31/2024** <br>| **Period** <br>**Ended** <br>**12/31/2025 (a)**<br>|
| **OPERATIONS:** |  |  |  |
| Net investment income (loss) | $457971 | &nbsp;&nbsp; $182716 | &nbsp;&nbsp; $7225 |
| Net realized gain (loss) | 5460561 | &nbsp;&nbsp; (3319820)<br>| &nbsp;&nbsp; (166900)<br>|
| Net change in unrealized appreciation (depreciation) | 6880305 | &nbsp;&nbsp; 23510190 | &nbsp;&nbsp; 188393 |
| Net increase (decrease) in net assets resulting from operations | 12798837 | &nbsp;&nbsp; 20373086 | &nbsp;&nbsp; 28718 |
| **DISTRIBUTIONS TO SHAREHOLDERS FROM:** |  |  |  |
| Investment operations | (458720)<br>| &nbsp;&nbsp; (204120)<br>| &nbsp;&nbsp; (7459)<br>|
| Return of capital |  | &nbsp;&nbsp; — | &nbsp;&nbsp; (77294)<br>|
| Total distributions to shareholders | (458720)<br>| &nbsp;&nbsp; (204120)<br>| &nbsp;&nbsp; (84753)<br>|
| **SHAREHOLDER TRANSACTIONS:** |  |  |  |
| Proceeds from shares sold | 2426856<br>| &nbsp;&nbsp; 2351035<br>| &nbsp;&nbsp; 999155<br>|
| Cost of shares redeemed | (5401455) <br>| &nbsp;&nbsp; (29379112) <br>| &nbsp;&nbsp; —<br>|
| Net increase (decrease) in net assets resulting from shareholder transactions | (2974599)<br>| &nbsp;&nbsp; (27028077)<br>| &nbsp;&nbsp; 999155 |
| Total increase (decrease) in net assets | 9365518 | &nbsp;&nbsp; (6859111)<br>| &nbsp;&nbsp; 943120 |
| **NET ASSETS:** |  |  |  |
| Beginning of period | 108539551 | &nbsp;&nbsp; 115398662 | &nbsp;&nbsp; — |
| End of period | $117905069 | &nbsp;&nbsp; $108539551 | &nbsp;&nbsp; $943120 |
| **CHANGES IN SHARES OUTSTANDING:** |  |  |  |
| Shares outstanding, beginning of period | 4200002 | &nbsp;&nbsp; 5350002 | &nbsp;&nbsp; — |
| Shares sold | 100000 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 50002 |
| Shares redeemed | (200000)<br>| &nbsp;&nbsp; (1250000)<br>| &nbsp;&nbsp; — |
| Shares outstanding, end of period | 4100002 | &nbsp;&nbsp; 4200002 | &nbsp;&nbsp; 50002 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Inception
 date is February 26, 2025, which is consistent with the commencement of investment operations and is the date the initial
 creation units were established.

See Notes to Financial Statements

------

**First Trust Exchange-Traded Fund VI**

**Financial Highlights**

**For a share outstanding throughout each period**

**First Trust Dorsey Wright DALI Equity ETF (DALI)**

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Year Ended December 31,**  | **Year Ended December 31,**  | **Year Ended December 31,**  | **Year Ended December 31,**  | **Year Ended December 31,**  |
|  | **2025**  | **2024**  | **2023** | **2022** | **2021** |
| Net asset value, beginning of period | $25.84 | &nbsp;&nbsp;&nbsp;&nbsp; $21.57 | &nbsp;&nbsp;&nbsp;&nbsp; $24.22 | &nbsp;&nbsp;&nbsp;&nbsp; $26.55 | &nbsp;&nbsp;&nbsp;&nbsp; $21.73 |
| **Income from investment operations:** |  |  |  |  |  |
| Net investment income (loss)  | 0.11<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.04<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.71<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.13<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.03<br>|
| Net realized and unrealized gain (loss) | 2.92<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.28<br>| &nbsp;&nbsp;&nbsp;&nbsp; (2.62) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (2.34) <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.82<br>|
| Total from investment operations | 3.03<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.32<br>| &nbsp;&nbsp;&nbsp;&nbsp; (1.91) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (2.21) <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.85<br>|
| **Distributions paid to shareholders from:** |  |  |  |  |  |
| Net investment income | (0.11) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.05) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.74) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.12) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.03) <br>|
| Net asset value, end of period | $28.76<br>| &nbsp;&nbsp;&nbsp;&nbsp; $25.84<br>| &nbsp;&nbsp;&nbsp;&nbsp; $21.57<br>| &nbsp;&nbsp;&nbsp;&nbsp; $24.22<br>| &nbsp;&nbsp;&nbsp;&nbsp; $26.55<br>|
| **Total return** (b) | 11.75<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 20.02<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; (8.23)% <br>| &nbsp;&nbsp;&nbsp;&nbsp; (8.31)% <br>| &nbsp;&nbsp;&nbsp;&nbsp; 22.32<br> % <br>|
| **Ratios to average net assets/supplemental data:** |  |  |  |  |  |
| Net assets, end of period (in 000's) | $117905<br>| &nbsp;&nbsp;&nbsp;&nbsp; $108540<br>| &nbsp;&nbsp;&nbsp;&nbsp; $115399<br>| &nbsp;&nbsp;&nbsp;&nbsp; $135642<br>| &nbsp;&nbsp;&nbsp;&nbsp; $126128<br>|
| Ratio of total expenses to average net assets (c) | 0.31<br> % (d)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.30<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.30<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.30<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.30<br> % <br>|
| Ratio of net investment income (loss) to average net assets (c) | 0.41<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.17<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.88<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.51<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.14<br> % <br>|
| Portfolio turnover rate (e) | 58<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 123<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 236<br> % (f)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 186<br> % (f)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 31<br> % <br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Based
 on average shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Total
 return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions
 at net asset value during the period, and redemption at net asset value on the last day of the period. The returns presented do not reflect
 the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated
 for the time period presented and is not annualized for periods of less than a year.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Ratio
 of total expenses to average net assets and ratio of net investment income (loss) to average net assets do not reflect the Fund's proportionate
 share of expenses and income of underlying investment companies in which the Fund invests.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Includes
 extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.30%.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Portfolio
 turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received
 or delivered from processing creations or redemptions and in-kind transactions.

&nbsp;&nbsp;&nbsp;&nbsp;(f) The
 variation in the portfolio turnover rate is due to the Fund's underlying index reconstitution which resulted in a complete change
 of the Fund's
 portfolio.

See Notes to Financial Statements

------

**First Trust Exchange-Traded Fund VI**

**Financial Highlights (Continued)** 

**For a share outstanding throughout the period**

**First Trust Small Cap BuyWrite Income ETF (FTKI)**

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

---

| | |
|:---|:---|
|  | **Period** <br>**Ended** <br>**12/31/2025 (a)** |
|  | **Period** <br>**Ended** <br>**12/31/2025 (a)** |
| Net asset value, beginning of period | $19.98 |
| **Income from investment operations:** |  |
| Net investment income (loss) (b) | 0.14<br>|
| Net realized and unrealized gain (loss) | 0.44<br>|
| Total from investment operations | 0.58<br>|
| **Distributions paid to shareholders from:** |  |
| Net investment income | (0.15) <br>|
| Return of capital | (1.55) <br>|
| Total distributions | (1.70) <br>|
| Net asset value, end of period | $18.86<br>|
| **Total return** (c) | 3.33<br> % <br>|
| **Ratios to average net assets/supplemental data:** |  |
| Net assets, end of period (in 000's) | $943<br>|
| Ratio of total expenses to average net assets | 0.86<br> % (d) (e)<br>|
| Ratio of net investment income (loss) to average net assets | 0.91<br> % <br>|
| Portfolio turnover rate (f) | 114<br> % <br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Inception
 date is February 26, 2025, which is consistent with the commencement of investment operations and is the date the initial creation units
 were established.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Based
 on average shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Total
 return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions
 at net asset value during the period, and redemption at net asset value on the last day of the period. The return presented does not reflect
 the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated
 for the time period presented and is not annualized for periods of less than a year.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Includes
 extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.85%.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Portfolio
 turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received
 or delivered from processing creations or redemptions and in-kind transactions.

See Notes to Financial Statements

------

**Notes to Financial Statements**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

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

**1. Organization**

First Trust Exchange-Traded Fund VI (the "Trust") is an open-end management investment company organized as a Massachusetts business trust on June 4, 2012, and is registered with the Securities and Exchange Commission under the Investment Company Act of 1940, as amended (the "1940 Act").

This report covers the two funds (each a "Fund" and collectively, the "Funds") listed below:

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

First Trust Dorsey Wright DALI Equity ETF – (Nasdaq, Inc. ticker "DALI")<sup>(1)</sup> <br> First Trust Small Cap BuyWrite Income ETF – (NYSE Arca, Inc. ticker "FTKI")<sup>(2)</sup>

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

<sup>(1)</sup> Effective March 31, 2025, First Trust Dorsey Wright DALI 1 ETF changed its name to First Trust Dorsey Wright DALI Equity ETF. <br> <sup>(2)</sup> Commenced investment operations on February 26, 2025.

DALI is a diversified series of the Trust, and FTKI is a non-diversified series of the Trust.

Each Fund represents a separate series of shares of beneficial interest in the Trust. Unlike conventional mutual funds, each Fund issues and redeems shares on a continuous basis, at net asset value ("NAV"), only in large blocks of shares known as "Creation Units."

DALI seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Nasdaq Dorsey Wright DALI Equity<sup>TM</sup> Index\* (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Index consists exclusively of U.S.-listed exchange-traded funds ("ETFs") and other exchange-traded products. Certain ETFs in which the Fund invests may be advised by First Trust Advisors L.P. ("First Trust" or the "Advisor"), the Fund's investment advisor.

\* Effective March 31, 2025, Nasdaq, Inc., the Fund's Index Provider, changed the name of the Nasdaq Dorsey Wright DALI 1<sup>TM</sup> Index to the Nasdaq Dorsey Wright DALI Equity<sup>TM</sup> Index in connection with an update to the index's methodology.

FTKI is an actively managed exchange-traded fund. FTKI's primary investment objective is to provide current income. FTKI's secondary investment objective is to provide capital appreciation. Under normal market conditions, FTKI will pursue its investment objectives by investing primarily in small cap equity securities listed on U.S. exchanges and by utilizing a buy-write "option strategy" consisting of writing (selling) U.S. exchange-traded call options on the Russell 2000<sup>®</sup> Index (the "Russell 2000<sup>®</sup> Index") or small cap equity exchange-traded funds.

**2. Significant Accounting Policies** 

The Funds are each considered an investment company and follow accounting and reporting guidance under Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946, "Financial Services-Investment Companies." The following is a summary of significant accounting policies consistently followed by the Funds in the preparation of the financial statements. The preparation of the financial statements in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from those estimates.

**A. Portfolio Valuation**

Each Fund's NAV is determined daily as of the close of regular trading on the New York Stock Exchange ("NYSE"), normally 4:00 p.m. Eastern time, on each day the NYSE is open for trading. If the NYSE closes early on a valuation day, the NAV is determined as of that time. Each Fund's NAV is calculated by dividing the value of all assets of each Fund (including accrued interest and dividends), less all liabilities (including accrued expenses and dividends declared but unpaid), by the total number of shares outstanding.

Each Fund's investments are valued daily at market value or, in the absence of market value with respect to any portfolio securities, at fair value. Market value prices represent readily available market quotations such as last sale or official closing prices from a national or foreign exchange (i.e., a regulated market) and are primarily obtained from third-party pricing services. Fair value prices represent any prices not considered market value prices and are either obtained from a third-party pricing service or are determined by the Advisor's Pricing Committee in accordance with valuation procedures approved by the Trust's Board of Trustees, and in accordance

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

with provisions of the 1940 Act and rules thereunder. Investments valued by the Advisor's Pricing Committee, if any, are footnoted as such in the footnotes to the Portfolio of Investments. Each Fund's investments are valued as follows:

Common stocks, ETFs and other equity securities listed on any national or foreign exchange (excluding Nasdaq and the London Stock Exchange Alternative Investment Market ("AIM")) are valued at the last sale price on the exchange on which they are principally traded or, for Nasdaq and AIM securities, the official closing price. Securities traded on more than one securities exchange are valued at the last sale price or official closing price, as applicable, at the close of the securities exchange representing the primary exchange for such securities.

Exchange-traded options contracts are valued at the closing price in the market where such contracts are principally traded. If no closing price is available, exchange-traded options contracts are valued at the mean of their most recent bid and ask price, if both are available. Options contracts traded in the over-the-counter market may be valued as follows, depending on the market in which the investment trades: (1) the mean of the most recent bid and ask price, if available; or (2) a price based on the equivalent exchange-traded option.

Equity securities traded in an over-the-counter market are valued at the close price or the last trade price.

Shares of open-end funds are valued based on NAV per share.

Certain securities may not be able to be priced by pre-established pricing methods. Such securities may be valued by the Advisor's Pricing Committee at fair value. These securities generally include, but are not limited to, restricted securities (securities which may not be publicly sold without registration under the Securities Act of 1933, as amended) for which a third-party pricing service is unable to provide a market price; securities whose trading has been formally suspended; a security whose market or fair value price is not available from a pre-established pricing source; a security with respect to which an event has occurred that is likely to materially affect the value of the security after the market has closed but before the calculation of a Fund's NAV or make it difficult or impossible to obtain a reliable market quotation; and a security whose price, as provided by the third-party pricing service, does not reflect the security's fair value. As a general principle, the current fair value of a security would appear to be the amount which the owner might reasonably expect to receive for the security upon its current sale. When fair value prices are used, generally they will differ from market quotations or official closing prices on the applicable exchanges. A variety of factors may be considered in determining the fair value of such securities, including, but not limited to, the following:

1)

the last sale price on the exchange on which they are principally traded or, for Nasdaq and AIM securities, the official closing price;

2)

the type of security;

3)

the size of the holding;

4)

the initial cost of the security;

5)

transactions in comparable securities;

6)

price quotes from dealers and/or third-party pricing services;

7)

relationships among various securities;

8)

information obtained by contacting the issuer, analysts, or the appropriate stock exchange;

9)

an analysis of the issuer's financial statements;

10)

the existence of merger proposals or tender offers that might affect the value of the security; and

11)

other relevant factors.

In addition, differences between the prices used to calculate a Fund's NAV and the prices used by such Fund's corresponding index could result in a difference between a Fund's performance and the performance of its underlying index.

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:

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments. An active market is a market in which transactions for the investment occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Level 2 inputs are observable inputs, either directly or indirectly, and include the following:

o Quoted prices for similar investments in active markets.

o Quoted prices for identical or similar investments in markets that are non-active. A non-active market is a market where there are few transactions for the investment, the prices are not current, or price quotations vary substantially either over time or among market makers, or in which little information is released publicly.

o Inputs other than quoted prices that are observable for the investment (for example, interest rates and yield curves observable at commonly quoted intervals, volatilities, prepayment speeds, loss severities, credit risks, and default rates).

o Inputs that are derived principally from or corroborated by observable market data by correlation or other means.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Level 3 inputs are unobservable inputs. Unobservable inputs 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. A summary of the inputs used to value each Fund's investments as of December 31, 2025, is included with each Fund's Portfolio of Investments.

**B. Securities Transactions and Investment Income** 

Securities transactions are recorded as of the trade date. Realized gains and losses from securities transactions are recorded on the identified cost basis. Dividend income is recorded on the ex-dividend date. Interest income, if any, is recorded daily on the accrual basis.

Withholding taxes and tax reclaims on foreign dividends have been provided for in accordance with each Fund's understanding of the applicable country's tax rules and rates.

Distributions received from a Fund's investments in REITs may be comprised of return of capital, capital gains, and income. The actual character of the amounts received during the year are not known until after the REITs' fiscal year end. A Fund records the character of distributions received from the REITs during the year based on estimates available. The characterization of distributions received by a Fund may be subsequently revised based on information received from the REITs after their tax reporting periods conclude.

**C. Options Contracts** 

FTKI may write (sell) U.S. exchange-traded call options on the Russell 2000<sup>®</sup> Index, to hedge against changes in the value of equities. Additionally, FTKI seeks to generate additional income, in the form of premiums received, from writing (selling) the options. FTKI may write (sell) call options ("options") on all or a portion of the equity securities held in their respective portfolios and on securities indices in its portfolio as determined to be appropriate by the Advisor, consistent with its investment objectives. Options on securities indices are designed to reflect price fluctuations in a group of securities or segment of the securities market rather than price fluctuations in a single security and are similar to options on single securities, except that the exercise of securities index options requires cash settlement payments and does not involve the actual purchase or sale of securities. When a Fund writes (sells) an option, an amount equal to the premium received by the Fund is included in "Options written, at value" on the Statements of Assets and Liabilities. Options are marked-to-market daily and their value will be affected by changes in the value and dividend rates of the underlying equity securities, changes in interest rates, changes in the actual or perceived volatility of the securities markets and the underlying equity securities and the remaining time to the options' expiration. The value of options may also be adversely affected if the market for the options becomes less liquid or trading volume diminishes.

Options written (sold) by FTKI will either be exercised, expire, or be canceled pursuant to a closing transaction. If an index option written (sold) by the Fund is exercised, the Fund would be obligated to deliver cash equal to the difference between the closing price of the stock index and the exercise price of the option expressed in dollars times a specified multiple. If the price of the index is less than the option's strike price, the index option will likely expire without being exercised. In the case of a stock option, if the price of the underlying equity security exceeds the option's exercise price, it is likely that the option holder will exercise the option. In this case, the option premium received by the Fund will be added to the amount realized on the sale of the underlying security for purposes of determining gain or loss. If the price of the underlying equity security is less than the option's strike price, the option will likely expire without being exercised. The option premium received by each Fund will, in this case, be treated as short-term capital gain on

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

the expiration date of the option. Gain or loss on options is presented separately as "Net realized gain (loss) on written options contracts" on the Statements of Operations.

The index options that FTKI writes (sells) give the option holder the right, but not the obligation, to receive an amount of cash based on the difference between the closing level of the stock index and the exercise price on or prior to the option's expiration date. The stock options that FTKI writes (sells) give the option holder the right, but not the obligation, to purchase securities from the Fund at the strike price on or prior to the option's expiration date. The ability to successfully implement the writing (selling) of call or put options depends on the ability of the Advisor to predict pertinent market movements, which cannot be assured. As the writer (seller) of a call option, FTKI foregos, during the option's life, the opportunity to profit from increases in the market value of the security covering the option above the sum of the premium and the strike price of the option, but has retained the risk of loss should the price of the underlying security decline. The writer (seller) of an option has no control over the time when it may be required to fulfill its obligation as a writer (seller) of the option. Once an option writer (seller) has received an exercise notice, it cannot effect a closing purchase transaction in order to terminate its obligation under the option and must deliver the underlying security to the option holder at the exercise price.

Restricted cash segregated as collateral for options contracts in the amount of $815 for FTKI, is shown as "Cash segregated as collateral" on the Statements of Assets and Liabilities.

**D. Affiliated Transactions**

DALI invests in securities of affiliated funds. DALI's investment performance and risks are directly related to the investment performance and risks of the affiliated funds. The affiliated funds' financial statements may be found at SEC.gov. Dividend income, if any, realized gains and losses, and change in appreciation (depreciation) from affiliated funds are presented on the Statements of Operations.

Amounts relating to investments in affiliated funds in DALI at December 31, 2025, and for the fiscal year then ended are as follows:

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Security Name | Shares at <br>12/31/2025<br>| Value at <br>12/31/2024<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>|
| First Trust Consumer <br> Discretionary <br> AlphaDEX<sup>®</sup> Fund<br>|  | $13917683 | $343905 | $(12720392)<br>| $(1529723)<br>| $(11473)<br>| $— | $31050 |
| First Trust Dow Jones <br> Internet Index Fund<br>| 55946 | 14113343 | 1929541 | (2501715)<br>| 1208425 | 309950 | 15059544 |  |
| First Trust Financials <br> AlphaDEX<sup>®</sup> Fund<br>| 255506 | 14042567 | 1390684 | (1618716)<br>| 1581647 | 23605 | 15419787 | 278350 |
| First Trust <br> Industrials/Producer <br> Durables AlphaDEX<sup>®</sup> <br> Fund<br>|  | 13659932 | 1693106 | (16546707)<br>| (2012096)<br>| 3205765 |  | 109882 |
| First Trust Indxx <br> Aerospace & Defense <br> ETF<br>| 374592 |  | 15722593 |  | 306199 |  | 16028792 |  |
| First Trust Large Cap <br> Growth AlphaDEX<sup>®</sup> <br> Fund<br>| 127635 | 19187579 | 670631 | (2338565)<br>| 2451201 | 434953 | 20405799 | 42260 |
| First Trust Nasdaq <br> Semiconductor ETF<br>| 114463 |  | 14924788 | (1171223)<br>| 1018629 | 54736 | 14826930 | 14670 |
| First Trust NASDAQ-100 <br> Ex-Technology Sector <br> Index Fund<br>|  |  | 13383358 | (14461260)<br>|  | 1077902 |  | 42972 |
| First Trust NASDAQ-100-<br> Technology Sector <br> Index Fund<br>|  | 13930649 | 355857 | (12448376)<br>| (925933)<br>| (912197)<br>|  | 629 |

---

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Security Name | Shares at<br> 12/31/2025<br>| Value at<br> 12/31/2024<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>|
| First Trust Small Cap <br> Growth AlphaDEX<sup>®</sup> <br> Fund<br>| 216354 | $19411004 | $1207286 | $(4581097)<br>| $3504067 | $1254384 | $20795644 | $19073 |
| First Trust Utilities <br> AlphaDEX<sup>®</sup> Fund<br>| 340409 |  | 15947719 | (1926735)<br>| 1277889 | 22936 | 15321809 | 258971 |
|  |  | $108262757 | $67569468 | $(70314786)<br>| $6880305 | $5460561 | $117858305 | $797857 |

---

**E. Dividends and Distributions to Shareholders**

Dividends from net investment income, if any, are declared and paid quarterly for DALI and monthly for FTKI, or as the Board of Trustees may determine from time to time. Distributions of net realized capital gains earned by each Fund, if any, are distributed at least annually. Each Fund may also designate a portion of the amount paid to redeeming shareholders as a distribution for tax purposes.

Distributions from net investment income and realized capital gains are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP. Certain capital accounts in the financial statements are periodically adjusted for permanent differences in order to reflect their tax character. These permanent differences are primarily due to the varying treatment of income and gain/loss on portfolio securities held by the Funds and have no impact on net assets or NAV per share. Temporary differences, which arise from recognizing certain items of income, expense and gain/loss in different periods for financial statement and tax purposes, will reverse at some time in the future.

The tax character of distributions paid by each Fund during the fiscal period ended December 31, 2025 were as follows:

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

---

| | | | |
|:---|:---|:---|:---|
|  | Distributions <br>paid from <br>Ordinary <br>Income<br>| Distributions <br>paid from <br>Capital <br>Gains<br>| Distributions <br>paid from <br>Return of <br>Capital<br>|
| First Trust Dorsey Wright DALI Equity ETF | $458720 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |
| First Trust Small Cap BuyWrite Income ETF | 7459 | &nbsp;&nbsp; — | &nbsp;&nbsp; 77294 |

---

The tax character of distributions paid by the Fund during the fiscal year ended December 31, 2024 were as follows:

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

---

| | | | |
|:---|:---|:---|:---|
|  | Distributions <br>paid from <br>Ordinary <br>Income<br>| Distributions <br>paid from <br>Capital <br>Gains<br>| Distributions <br>paid from <br>Return of <br>Capital<br>|
| First Trust Dorsey Wright DALI Equity ETF | $204120 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— |

---

As of December 31, 2025, the components of distributable earnings on a tax basis for each Fund were as follows:

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

---

| | | | |
|:---|:---|:---|:---|
|  | Undistributed <br>Ordinary <br>Income<br>| Accumulated <br>Capital and <br>Other <br>Gain (Loss)<br>| Net <br>Unrealized <br>Appreciation <br>(Depreciation)<br>|
| First Trust Dorsey Wright DALI Equity ETF | $7 | &nbsp;&nbsp; $(30651658)<br>| &nbsp;&nbsp; $22245011 |
| First Trust Small Cap BuyWrite Income ETF |  | &nbsp;&nbsp; (165950)<br>| &nbsp;&nbsp; 187209 |

---

**F. Income Taxes**

Each Fund intends to qualify or continue to qualify as a regulated investment company by complying with the requirements under Subchapter M of the Internal Revenue Code of 1986, as amended, which includes distributing substantially all of its net investment income and net realized gains to shareholders. Accordingly, no provision has been made for federal and state income taxes. However, due to the timing and amount of distributions, each Fund may be subject to an excise tax of 4% of the amount by which approximately 98% of each Fund's taxable income exceeds the distributions from such taxable income for the calendar year.

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

The Funds are subject to accounting standards that establish a minimum threshold for recognizing, and a system for measuring, the benefits of a tax position taken or expected to be taken in a tax return. For DALI, the taxable years ended 2022, 2023, 2024, and 2025 remain open to federal and state audit. For FTKI, the taxable period ended 2025 remains open to federal and state audit. As of December 31, 2025, management has evaluated the application of these standards to the Funds and has determined that no provision for income tax is required in the Funds' financial statements for uncertain tax positions.

Each Fund intends to utilize provisions of the federal income tax laws, which allow it to carry a realized capital loss forward indefinitely following the year of the loss and offset such loss against any future realized capital gains. Each Fund is subject to certain limitations under U.S. tax rules on the use of capital loss carryforwards and net unrealized built-in losses. These limitations apply when there has been a 50% change in ownership. At December 31, 2025, for federal income tax purposes, each applicable Fund had a capital loss carryforward available that is shown in the following table, to the extent provided by regulations, to offset future capital gains. To the extent that these loss carryforwards are used to offset future capital gains, it is probable that the capital gains so offset will not be distributed to each applicable Fund's shareholders.

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

---

| | |
|:---|:---|
|  | Non-Expiring <br>Capital Loss <br>Carryforwards<br>|
| First Trust Dorsey Wright DALI Equity ETF | $30651658 |
| First Trust Small Cap BuyWrite Income ETF | 165950 |

---

During the taxable period ended December 31, 2025, the following Fund utilized capital loss carryforwards in the following amount:

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

---

| | |
|:---|:---|
|  | Capital <br>Loss <br>Utilized<br>|
| First Trust Dorsey Wright DALI Equity ETF | $4472214 |

---

Certain losses realized during the current fiscal period may be deferred and treated as occurring on the first day of the following fiscal year for federal income tax purposes. For the fiscal period ended December 31, 2025, the Funds had no net late year ordinary or capital losses.

In order to present paid-in capital and accumulated distributable earnings (loss) (which consists of accumulated net investment income (loss), accumulated net realized gain (loss) on investments and net unrealized appreciation (depreciation) on investments) on the Statements of Assets and Liabilities that more closely represent their tax character, certain adjustments have been made to paid-in capital, accumulated net investment income (loss) and accumulated net realized gain (loss) on investments. These adjustments are primarily due to the difference between book and tax treatments of income and gains on various investment securities held by the Funds and in-kind transactions. The results of operations and net assets were not affected by these adjustments. For the fiscal period ended December 31, 2025, the adjustments for each Fund were as follows:

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

---

| | | | |
|:---|:---|:---|:---|
|  | Accumulated <br>Net Investment <br>Income (Loss)<br>| Accumulated <br>Net Realized <br>Gain (Loss) <br>on Investments<br>| Paid-In <br>Capital<br>|
| First Trust Dorsey Wright DALI Equity ETF | $— | &nbsp;&nbsp; $(1015633)<br>| &nbsp;&nbsp; $1015633 |
| First Trust Small Cap BuyWrite Income ETF | 1 | &nbsp;&nbsp; (1)<br>| &nbsp;&nbsp; — |

---

As of December 31, 2025, the aggregate cost, gross unrealized appreciation, gross unrealized depreciation, and net unrealized appreciation/(depreciation) on investments (including short positions and derivatives, if any) for federal income tax purposes were as follows:

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Tax Cost | Gross <br> Unrealized <br>Appreciation<br>| Gross <br> Unrealized <br>(Depreciation)<br>| Net Unrealized <br>Appreciation <br>(Depreciation)<br>|
| First Trust Dorsey Wright DALI Equity ETF | $95989009 | &nbsp;&nbsp; $22303734 | &nbsp;&nbsp; $(58723)<br>| &nbsp;&nbsp; $22245011 |
| First Trust Small Cap BuyWrite Income ETF | 755406 | &nbsp;&nbsp; 192987 | &nbsp;&nbsp; (5778)<br>| &nbsp;&nbsp; 187209 |

---

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

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

**G. Expenses**

Expenses, other than the investment advisory fee and other excluded expenses, are paid by the Advisor (see Note 3).

**H. Segment Reporting**

An operating segment is defined in FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. The CODM is the President and Chief Executive Officer of each Fund. Each Fund operates as a single operating segment. Each Fund's income, expenses, assets, changes in net assets resulting from operations and performance are regularly monitored and assessed as a whole by the CODM responsible for oversight functions of each Fund, using the information presented in the financial statements and financial highlights.

**3. Investment Advisory Fee, Affiliated Transactions and Other Fee Arrangements**

First Trust, the investment advisor to the Funds, is a limited partnership with one limited partner, Grace Partners of DuPage L.P., and one general partner, The Charger Corporation. The Charger Corporation is an Illinois corporation controlled by James A. Bowen, Chief Executive Officer of First Trust. First Trust is responsible for the selection and ongoing monitoring of the securities in each Fund's portfolio, managing the Funds' business affairs and providing certain administrative services necessary for the management of the Funds.

Pursuant to the Investment Management Agreement between the Trust and the Advisor, First Trust manages the investment of each Fund's assets and is responsible for the expenses of each Fund, including the cost of transfer agency, custody, fund administration, legal, audit, license fees and other services, but excluding fee payments under the Investment Management Agreement, interest, taxes, pro rata share of fees and expenses attributable to investments in other investment companies ("acquired fund fees and expenses"), brokerage commissions and other expenses connected with the execution of portfolio transactions, distribution and service fees payable pursuant to a Rule 12b-1 plan, if any, acquired fund fees and expenses, and extraordinary expenses, which are paid by each respective Fund. The annual unitary management fee payable by each Fund to First Trust for these services will be reduced at certain levels of each Fund's net assets ("breakpoints") and calculated pursuant to the following schedule:

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

---

| | |
|:---|:---|
| Breakpoints | DALI |
| Fund net assets up to and including $2.5 billion | 0.3000<br> %<br>|
| Fund net assets greater than $2.5 billion up to and including $5 billion | 0.2925<br> %<br>|
| Fund net assets greater than $5 billion up to and including $7.5 billion | 0.2850<br> %<br>|
| Fund net assets greater than $7.5 billion up to and including $10 billion | 0.2775<br> %<br>|
| Fund net assets greater than $10 billion up to and including $15 billion | 0.2700<br> %<br>|
| Fund net assets greater than $15 billion | 0.2550<br> %<br>|

---

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

---

| | |
|:---|:---|
| Breakpoints | FTKI |
| Fund net assets up to and including $2.5 billion | 0.85000<br> %<br>|
| Fund net assets greater than $2.5 billion up to and including $5 billion | 0.82875<br> %<br>|
| Fund net assets greater than $5 billion up to and including $7.5 billion | 0.80750<br> %<br>|
| Fund net assets greater than $7.5 billion up to and including $10 billion | 0.78625<br> %<br>|
| Fund net assets greater than $10 billion | 0.76500<br> %<br>|

---

In addition, DALI incurs acquired fund fees and expenses. The total of the unitary management fee and acquired fund fees and expenses represents the Fund's total annual operating expenses.

The Trust has multiple service agreements with The Bank of New York Mellon ("BNY"). Under the service agreements, BNY performs custodial, fund accounting, certain administrative services, and transfer agency services for each Fund. As custodian, BNY is responsible for custody of each Fund's assets. As fund accountant and administrator, BNY is responsible for maintaining the books and records of each Fund's securities and cash. As transfer agent, BNY is responsible for maintaining shareholder records for each Fund. BNY is a subsidiary of The Bank of New York Mellon Corporation, a financial holding company.

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

Each Trustee who is not an officer or employee of First Trust, any sub-advisor or any of their affiliates ("Independent Trustees") is paid a fixed annual retainer that is allocated equally among each fund in the First Trust Fund Complex. Each Independent Trustee is also paid an annual per fund fee that varies based on whether the fund is a closed-end or other actively managed fund, a target outcome fund or an index fund.

Additionally, the Chairs of the Audit Committee, Nominating and Governance Committee and Valuation, Risk and Regulatory Oversight Committee, the Vice Chair of the Audit Committee, the Lead Independent Trustee and the Vice Lead Independent Trustee are paid annual fees to serve in such capacities, with such compensation allocated pro rata among each fund in the First Trust Fund Complex based on net assets. Independent Trustees are reimbursed for travel and out-of-pocket expenses in connection with all meetings. The officers and "Interested" Trustee receive no compensation from the Trust for acting in such capacities.

**4. Purchases and Sales of Securities** 

For the period ended December 31, 2025, the cost of purchases and proceeds from sales of investments for each Fund, excluding short-term investments and in-kind transactions, were as follows:

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

---

| | | |
|:---|:---|:---|
|  | Purchases | Sales |
| First Trust Dorsey Wright DALI Equity ETF | $65143355 | &nbsp;&nbsp; $64917702 |
| First Trust Small Cap BuyWrite Income ETF | 922408 | &nbsp;&nbsp; 1038209 |

---

For the period ended December 31, 2025, the cost of in-kind purchases and proceeds from in-kind sales for each Fund were as follows:

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

---

| | | |
|:---|:---|:---|
|  | Purchases | Sales |
| First Trust Dorsey Wright DALI Equity ETF | $2426112 | &nbsp;&nbsp; $5397084 |
| First Trust Small Cap BuyWrite Income ETF | 979698 | &nbsp;&nbsp; — |

---

For FTKI, the cost of purchases to cover short sales and the proceeds from short sales were $147,451 and $134,400, respectively.

**5. Derivative Transactions** 

The following table presents the types of derivatives held by the following Fund at December 31, 2025, the primary underlying risk exposure and the location of these instruments as presented on the Statements of Assets and Liabilities.

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | **Asset Derivatives** | **Asset Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| **Derivative** <br>**Instrument**<br>| **Risk** <br>**Exposure**<br>| **Statements of Assets and** <br>**Liabilities Location**<br>| **Value** | **Statements of Assets and** <br>**Liabilities Location**<br>| **Value** |
| **FTKI** |  |  |  |  |  |
| Options contracts | Equity Risk | &nbsp;&nbsp; Options contracts <br> purchased, at value<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; Options contracts written, <br> at value<br>| &nbsp;&nbsp; $2805 |

---

The following table presents the amount of net realized gain (loss) and change in net unrealized appreciation (depreciation) recognized for the fiscal period ended December 31, 2025, on FTKI's derivative instruments, as well as the primary underlying risk exposure associated with the instruments.

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

---

| | |
|:---|:---|
| **Statements of Operations Location** | **FTKI**  |
| **Equity Risk Exposure** |  |
| Net realized gain (loss) on written options <br> contracts<br>| $(60345)<br>|
| Net change in unrealized appreciation <br> (depreciation) on written options contracts<br>| 15704 |

---

During the period ended December 31, 2025, for FTKI, the premiums for written options contracts opened were $168,738 and the premiums for written options contracts closed, exercised and expired were $150,229.

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

FTKI does not have the right to offset financial assets and financial liabilities related to options contracts on the Statements of Assets and Liabilities.

**6. Creations, Redemptions and Transaction Fees**

Each Fund generally issues and redeems its shares in primary market transactions through a creation and redemption mechanism and does not sell or redeem individual shares. Instead, financial entities known as "Authorized Participants" have contractual arrangements with a Fund or one of the Fund's service providers to purchase and redeem Fund shares directly with the Fund in Creation Units. Prior to the start of trading on every business day, a Fund publishes through the National Securities Clearing Corporation the "basket" of securities, cash or other assets that it will accept in exchange for a Creation Unit of the Fund's shares. An Authorized Participant that wishes to effectuate a creation of a Fund's shares deposits with the Fund the "basket" of securities, cash or other assets identified by the Fund that day, and then receives the Creation Unit of the Fund's shares in return for those assets. After purchasing a Creation Unit, the Authorized Participant may continue to hold the Fund's shares or sell them in the secondary market. The redemption process is the reverse of the purchase process: the Authorized Participant redeems a Creation Unit of a Fund's shares for a basket of securities, cash or other assets. The combination of the creation and redemption process with secondary market trading in a Fund's shares and underlying securities provides arbitrage opportunities that are designed to help keep the market price of a Fund's shares at or close to the NAV per share of the Fund.

Each Fund imposes fees in connection with the purchase of Creation Units. These fees may vary based upon various fact-based circumstances, including, but not limited to, the composition of the securities included in the Creation Unit or the countries in which the transactions are settled. The price for each Creation Unit will equal the daily NAV per share of a Fund times the number of shares in a Creation Unit, plus the fees described above and, if applicable, any operational processing and brokerage costs, transfer fees, stamp taxes and part or all of the spread between the expected bid and offer side of the market related to the securities comprising the creation basket.

Each Fund also imposes fees in connection with the redemption of Creation Units. These fees may vary based upon various fact-based circumstances, including, but not limited to, the composition of the securities included in the Creation Unit or the countries in which the transactions are settled. The price received for each Creation Unit will equal the daily NAV per share of a Fund times the number of shares in a Creation Unit, minus the fees described above and, if applicable, any operational processing and brokerage costs, transfer fees, stamp taxes and part or all of the spread between the expected bid and offer side of the market related to the securities comprising the redemption basket. Investors who use the services of a broker or other such intermediary in addition to an Authorized Participant to effect a redemption of a Creation Unit may also be assessed an amount to cover the cost of such services. The redemption fee charged by a Fund will comply with Rule 22c-2 of the 1940 Act which limits redemption fees to no more than 2% of the value of the shares redeemed.

**7. Distribution Plan** 

The Board of Trustees adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the 1940 Act. In accordance with the Rule 12b-1 plan, the Funds are authorized to pay an amount up to 0.25% of their average daily net assets each year to reimburse First Trust Portfolios L.P. ("FTP"), the distributor of the Funds, for amounts expended to finance activities primarily intended to result in the sale of Creation Units or the provision of investor services. FTP may also use this amount to compensate securities dealers or other persons that are Authorized Participants for providing distribution assistance, including broker-dealer and shareholder support and educational and promotional services.

No 12b-1 fees are currently paid by the Funds, and pursuant to a contractual arrangement, no 12b-1 fees will be paid any time before February 20, 2027 for FTKI and April 30, 2027 for DALI.

**8. Indemnification**

The Trust, on behalf of the Funds, has a variety of indemnification obligations under contracts with its service providers. The Trust's maximum exposure under these arrangements is unknown. However, the Trust has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

**9. Subsequent Events**

Management has evaluated the impact of all subsequent events on the Funds through the date the financial statements were issued and has determined that there were no subsequent events requiring recognition or disclosure in the financial statements that have not already been disclosed.

------

**Report of Independent Registered Public Accounting Firm**

**To the Shareholders and the Board of Trustees of First Trust Exchange-Traded Fund VI:**

**Opinion on the Financial Statements and Financial Highlights**

We have audited the accompanying statements of assets and liabilities of First Trust Dorsey Wright DALI Equity ETF (formerly known as First Trust Dorsey Wright DALI 1 ETF) and First Trust Small Cap BuyWrite Income ETF (the "Funds"), each a series of the First Trust Exchange-Traded Fund VI, including the portfolios of investments, as of December 31, 2025, the related statements of operations, statements of changes in net assets, and financial highlights for the periods indicated in the table below; and the related notes (collectively referred to as the "financial statements and financial highlights"). In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of each of the Funds as of December 31, 2025, and the results of their operations, the changes in their net assets, and the financial highlights for the periods listed in the table below in conformity with accounting principles generally accepted in the United States of America.

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

---

| | | | |
|:---|:---|:---|:---|
| **Individual Funds** <br>**Included in the Trust**<br>| **Statements of** <br>**Operations**<br>| **Statements of Changes** <br>**in Net Assets**<br>| **Financial Highlights** |
| First Trust DorseyWright DALI Equity <br> ETF (formerly known as First Trust <br> Dorsey Wright DALI 1 ETF)<br>| For the year ended <br> December 31, 2025<br>| For the years ended <br> December 31, 2025 and <br> 2024<br>| For the years ended December 31, <br> 2025, 2024, 2023, 2022, and 2021<br>|
| First Trust Small Cap BuyWrite Income <br> ETF<br>| For the period from February 26, 2025 (commencement of investment operations) <br> through December 31, 2025 | For the period from February 26, 2025 (commencement of investment operations) <br> through December 31, 2025 | For the period from February 26, 2025 (commencement of investment operations) <br> through December 31, 2025 |

---

**Basis for Opinion**

These financial statements and financial highlights are the responsibility of the Funds' management. Our responsibility is to express an opinion on the Funds' financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Funds are not required to have, nor were we engaged to perform, an audit of their internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of December 31, 2025, by correspondence with the custodian and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte & Touche, LLP

Chicago, Illinois

February 24, 2026

We have served as the auditor of one or more First Trust investment companies since 2001.

------

**Other Information**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025 (Unaudited)**

**Changes in and Disagreements with Accountants (Item 8 of Form N-CSR)**

There were no changes in or disagreements with the Funds' accountants during the period ended December 31, 2025.

**Proxy Disclosures (Item 9 of Form N-CSR)**

At a special meeting of shareholders of First Trust Exchange-Traded Fund VI (the "Trust") that was held on August 12, 2025 (the "Special Meeting"), shareholders of record as of June 9, 2025 (the "Record Date") approved a proposal (the "Proposal") to elect or re-elect, as applicable, each of the eight nominees listed below to the Board of Trustees of the Trust (the "Board"). Shareholders of each series of the Trust that had publicly offered shares as of the Record Date (each, a "fund") voted together with shareholders of the other funds on the Proposal, and the results are set forth below. There were no broker non-votes.

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

---

| | |
|:---|:---|
| James A. Bowen\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 651722898 <br>5064462<br>|
| Thomas J. Driscoll\*\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 651998702 <br>4788658<br>|
| Richard E. Erickson\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643054997 <br>13732363<br>|
| Thomas R. Kadlec\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643100488 <br>13686872<br>|
| Denise M. Keefe\*\*\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 651736288 <br>5051072<br>|
| Robert F. Keith\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643383276 <br>13404084<br>|
| Niel B. Nielson\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643178094 <br>13609266<br>|
| Bronwyn Wright\*\*\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 412521907 <br>244265453<br>|

---

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

\* This nominee was re-elected to the Board at the Special Meeting.

\*\* This nominee was elected to the Board as a new Trustee at the Special Meeting.

\*\*\* This nominee was elected to the Board at the Special Meeting and had previously been appointed to the Board.

**Remuneration Paid to Directors, Officers, and Others (Item 10 of Form N-CSR)**

Independent Trustees of each Fund are compensated through the unitary management fee paid by each Fund to the advisor and not directly by each Fund. The investment advisory fee paid is included in the Statements of Operations.

**Statement Regarding the Basis for the Board's Approval of Investment Advisory Contract (Item 11 of Form N-CSR)**

Not applicable for the most recent fiscal half year.

------

**Other Information (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025 (Unaudited)**

**Federal Tax Information**

For the taxable period ended December 31, 2025, the following percentages of income dividends paid by the Funds qualify for the dividends received deduction available to corporations:

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

---

| | |
|:---|:---|
|  | Dividends Received <br>Deduction<br>|
| First Trust Dorsey Wright DALI Equity ETF | 100.00<br> %<br>|
| First Trust Small Cap BuyWrite Income ETF | 100.00<br> %<br>|

---

For the taxable period ended December 31, 2025, the following percentages of income dividends paid by the Funds are hereby designated as qualified dividend income:

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

---

| | |
|:---|:---|
|  | Qualified Dividend <br>Income<br>|
| First Trust Dorsey Wright DALI Equity ETF | 100.00<br> %<br>|
| First Trust Small Cap BuyWrite Income ETF | 100.00<br> %<br>|

---

A portion of each of the Funds' 2025 ordinary dividends (including short-term capital gains) paid to its shareholders during the fiscal period ended December 31, 2025, may be eligible for the Qualified Business Income (QBI) Deduction under the Internal Revenue Code of 1986, as amended, Section 199A for the aggregate dividends each Fund received from the underlying Real Estate Investment Trusts (REITs) these Funds invest in.

**Disclaimer**

Nasdaq<sup>®</sup> and Nasdaq Dorsey Wright DALI Equity<sup>TM</sup> Index 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 Fund has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.

------

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

Annual Financial Statements and Other Information <br> For the Year Ended December 31, 2025

![](img5ffb74741.gif)

<u>First Trust Exchange-Traded Fund VI</u>

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

First Trust BuyWrite Income ETF (FTHI) <br> First Trust Nasdaq BuyWrite Income ETF (FTQI)

------

**Table of Contents** 

**First Trust Exchange-Traded Fund VI**

**Annual Financial Statements and Other Information**

**December 31, 2025** 

---

| | |
|:---|:---|
| [Portfolio of Investments](#xx_febfca41-a6dc-42ca-861b-1636507b0b50_SOI-TOC-ScheduleofInvestments-4477_1) |  |
| [First Trust BuyWrite Income ETF (FTHI)](#xx_febfca41-a6dc-42ca-861b-1636507b0b50_SOI-TOC-ScheduleofInvestments-4477_1) | 1 |
| [First Trust Nasdaq BuyWrite Income ETF (FTQI)](#xx_febfca41-a6dc-42ca-861b-1636507b0b50_SOI-TOC-ScheduleofInvestments-4480_1) | 8 |
| [Statements of Assets and Liabilities](#xx_febfca41-a6dc-42ca-861b-1636507b0b50_SAL1-TOC-StatementofAssetsandLiabilities-4480_1) | 14 |
| [Statements of Operations](#xx_febfca41-a6dc-42ca-861b-1636507b0b50_SOP1-TOC-StatementofOperations-4480_1) | 15 |
| [Statements of Changes in Net Assets](#xx_febfca41-a6dc-42ca-861b-1636507b0b50_SOC1-TOC-StatementofChanges-4480_1) | 16 |
| [Financial Highlights](#xx_febfca41-a6dc-42ca-861b-1636507b0b50_FIHI-TOC-FinancialHighlights-4480_1) | 18 |
| [Notes to Financial Statements](#xx_febfca41-a6dc-42ca-861b-1636507b0b50_NTF-TOC-NotestoFinancialStatements-4480_1) | 20 |
| [Report of Independent Registered Public Accounting Firm](#xx_febfca41-a6dc-42ca-861b-1636507b0b50_AUD-TOC-RIRPAFirm-4480_1) | 29 |
| [Other Information](#xx_febfca41-a6dc-42ca-861b-1636507b0b50_AI-TOC-AdditionalInformation-4480_1) | 30 |

---

**Performance and Risk Disclosure**

There is no assurance that any series of First Trust Exchange-Traded Fund VI (the "Trust") described in this report (each such series is referred to as a "Fund" and collectively, as the "Funds") will achieve its investment objectives. Each Fund is subject to market risk, which is the possibility that the market values of securities owned by the Fund will decline and that the value of the Fund's shares may therefore be less than what you paid for them. Accordingly, you can lose money by investing in a Fund.

Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. For the most recent month-end performance figures, please visit www.ftportfolios.com or speak with your financial advisor. Investment returns, net asset value and share price will fluctuate and Fund shares, when sold, may be worth more or less than their original cost.

First Trust Advisors L.P., the Funds' advisor, may also periodically provide additional information on Fund performance on each Fund's webpage at www.ftportfolios.com.

**How to Read This Report**

This report contains information that may help you evaluate your investment. It includes details about each Fund and presents data that provides insight into each Fund's performance and investment approach.

The material risks of investing in each Fund are spelled out in its prospectus, statement of additional information, and other Fund regulatory filings.

------

**First Trust BuyWrite Income ETF (FTHI)**

**Portfolio of Investments**

**December 31, 2025**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 98.7%** | **COMMON STOCKS — 98.7%** | **COMMON STOCKS — 98.7%** |
|  | **Aerospace & Defense — 1.9%**  |  |
| 29479 | Boeing (The) Co. (a) | $6400480 |
| 16415 | Curtiss-Wright Corp. | 9049097 |
| 32552 | General Electric Co. | 10026992 |
| 82873 | Leonardo DRS, Inc. | 2825141 |
| 44314 | RTX Corp. | 8127188 |
|  |  | 36428898 |
|  | **Air Freight & Logistics — 0.7%**  |  |
| 125579 | United Parcel Service, Inc., Class B | 12456181 |
|  | **Automobiles — 1.6%**  |  |
| 64652 | Tesla, Inc. (a) (b) | 29075297 |
|  | **Banks — 5.8%**  |  |
| 347558 | Banco Santander S.A., ADR | 4076855 |
| 190250 | Bank of America Corp. | 10463750 |
| 81285 | BankUnited, Inc. | 3622873 |
| 107847 | Citigroup, Inc. | 12584667 |
| 123122 | CVB Financial Corp. | 2290069 |
| 47217 | East West Bancorp, Inc. | 5306719 |
| 201981 | ING Groep N.V., ADR | 5655468 |
| 85760 | JPMorgan Chase & Co. (b) | 27633587 |
| 981249 | NU Holdings Ltd., Class A (a) | 16426108 |
| 63151 | Toronto-Dominion Bank (The) | 5948824 |
| 40399 | UMB Financial Corp. | 4647501 |
| 107849 | Wells Fargo & Co. | 10051527 |
|  |  | 108707948 |
|  | **Beverages — 1.5%**  |  |
| 125579 | Coca-Cola (The) Co. | 8779228 |
| 208958 | Coca-Cola Europacific Partners PLC (b) | 18952491 |
|  |  | 27731719 |
|  | **Biotechnology — 2.0%**  |  |
| 90597 | AbbVie, Inc. (b) | 20700508 |
| 6658 | Amgen, Inc. | 2179230 |
| 78938 | Gilead Sciences, Inc. | 9688850 |
| 53369 | Ionis Pharmaceuticals, Inc. (a) | 4222022 |
|  |  | 36790610 |
|  | **Broadline Retail — 4.3%**  |  |
| 267394 | Amazon.com, Inc. (a) (b) | 61719883 |
| 172675 | PDD Holdings, Inc., ADR (a) | 19579618 |
|  |  | 81299501 |
|  | **Capital Markets — 3.0%**  |  |
| 14708 | Ameriprise Financial, Inc. | 7211921 |
| 20842 | Ares Management Corp., Class A | 3368693 |
| 3503 | Blackrock, Inc. | 3749401 |
| 53807 | Charles Schwab (The) Corp. | 5375857 |
| 21612 | CME Group, Inc. | 5901805 |
| 85149 | Deutsche Bank AG | 3283346 |
| 9531 | Goldman Sachs Group (The), Inc. | 8377749 |
| 31407 | Houlihan Lokey, Inc. | 5470785 |
| 14247 | Morgan Stanley | 2529270 |

---

See Notes to Financial Statements

------

**First Trust BuyWrite Income ETF (FTHI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Capital Markets (Continued)**  |  |
| 44614 | Robinhood Markets, Inc., Class A (a) | $5045843 |
| 7421 | S&P Global, Inc. | 3878140 |
| 169414 | XP, Inc., Class A | 2773307 |
|  |  | 56966117 |
|  | **Chemicals — 0.2%**  |  |
| 4944 | NewMarket Corp. | 3397813 |
|  | **Commercial Services & Supplies — 0.2%**  |  |
| 117454 | OPENLANE, Inc. (a) | 3497780 |
|  | **Communications Equipment — 1.4%**  |  |
| 20771 | Ciena Corp. (a) | 4857714 |
| 257102 | Cisco Systems, Inc. | 19804567 |
| 105351 | CommScope Holding Co., Inc. (a) | 1910014 |
|  |  | 26572295 |
|  | **Construction & Engineering — 2.1%**  |  |
| 158122 | API Group Corp. (a) | 6049748 |
| 8630 | Comfort Systems USA, Inc. | 8054293 |
| 16799 | EMCOR Group, Inc. | 10277460 |
| 102220 | Fluor Corp. (a) | 4050979 |
| 13779 | MYR Group, Inc. (a) | 3010711 |
| 24871 | Sterling Infrastructure, Inc. (a) | 7616246 |
|  |  | 39059437 |
|  | **Construction Materials — 0.1%**  |  |
| 8180 | Eagle Materials, Inc. | 1690642 |
|  | **Consumer Finance — 0.8%**  |  |
| 9342 | American Express Co. | 3456073 |
| 12862 | Dave, Inc. (a) | 2847775 |
| 292009 | SLM Corp. | 7901764 |
|  |  | 14205612 |
|  | **Consumer Staples Distribution & Retail — 2.0%**  |  |
| 14626 | Costco Wholesale Corp. | 12612585 |
| 41528 | Performance Food Group Co. (a) | 3734198 |
| 91491 | US Foods Holding Corp. (a) | 6891102 |
| 132712 | Walmart, Inc. | 14785444 |
|  |  | 38023329 |
|  | **Diversified Consumer Services — 0.3%**  |  |
| 17293 | Grand Canyon Education, Inc. (a) | 2875999 |
| 45804 | H&R Block, Inc. | 1996138 |
|  |  | 4872137 |
|  | **Diversified Telecommunication Services — 0.4%**  |  |
| 272092 | AT&T, Inc. | 6758765 |
|  | **Electric Utilities — 1.2%**  |  |
| 44999 | Duke Energy Corp. | 5274333 |
| 77510 | IDACORP, Inc. | 9809666 |
| 24461 | NextEra Energy, Inc. | 1963729 |
| 35544 | Southern (The) Co. | 3099437 |
| 28277 | Xcel Energy, Inc. | 2088539 |
|  |  | 22235704 |

---

See Notes to Financial Statements

------

**First Trust BuyWrite Income ETF (FTHI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Electrical Equipment — 0.5%**  |  |
| 8101 | GE Vernova, Inc. | $5294571 |
| 40445 | Nextpower, Inc., Class A (a) | 3523164 |
|  |  | 8817735 |
|  | **Electronic Equipment, Instruments & Components — 0.7%**  |  |
| 23571 | Advanced Energy Industries, Inc. | 4935060 |
| 15761 | Celestica, Inc. (a) | 4659109 |
| 12563 | OSI Systems, Inc. (a) | 3204319 |
|  |  | 12798488 |
|  | **Energy Equipment & Services — 0.4%**  |  |
| 152339 | TechnipFMC PLC | 6788226 |
|  | **Entertainment — 1.0%**  |  |
| 20666 | NetEase, Inc., ADR | 2844055 |
| 130912 | Netflix, Inc. (a) (b) | 12274309 |
| 27833 | ROBLOX Corp., Class A (a) | 2255308 |
| 10728 | TKO Group Holdings, Inc. | 2242152 |
|  |  | 19615824 |
|  | **Financial Services — 6.2%**  |  |
| 28388 | Berkshire Hathaway, Inc., Class B (a) | 14269228 |
| 124735 | Jackson Financial, Inc., Class A | 13302988 |
| 70080 | Mastercard, Inc., Class A (b) | 40007271 |
| 139037 | Visa, Inc., Class A (b) | 48761666 |
|  |  | 116341153 |
|  | **Food Products — 0.6%**  |  |
| 102356 | Cal-Maine Foods, Inc. | 8144467 |
| 30278 | Magnum Ice Cream (The) Co. N.V. (a) (b) | 479906 |
| 57009 | Pilgrim's Pride Corp. | 2222781 |
|  |  | 10847154 |
|  | **Ground Transportation — 0.3%**  |  |
| 65312 | Uber Technologies, Inc. (a) | 5336644 |
|  | **Health Care Equipment & Supplies — 0.8%**  |  |
| 43842 | Abbott Laboratories | 5492964 |
| 13285 | iRhythm Technologies, Inc. (a) | 2357290 |
| 74376 | Medtronic PLC | 7144559 |
|  |  | 14994813 |
|  | **Health Care Providers & Services — 1.1%**  |  |
| 61811 | Encompass Health Corp. | 6560619 |
| 93172 | Progyny, Inc. (a) | 2392657 |
| 17021 | Tenet Healthcare Corp. (a) | 3382413 |
| 25462 | UnitedHealth Group, Inc. | 8405261 |
|  |  | 20740950 |
|  | **Health Care REITs — 0.3%**  |  |
| 25882 | National Health Investors, Inc. | 1976608 |
| 176657 | Sabra Health Care REIT, Inc. | 3345884 |
|  |  | 5322492 |
|  | **Health Care Technology — 0.3%**  |  |
| 26554 | Veeva Systems, Inc., Class A (a) | 5927649 |

---

See Notes to Financial Statements

------

**First Trust BuyWrite Income ETF (FTHI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Hotels, Restaurants & Leisure — 1.2%**  |  |
| 1065 | Booking Holdings, Inc. | $5703427 |
| 22826 | Boyd Gaming Corp. | 1945688 |
| 16544 | Domino's Pizza, Inc. | 6895870 |
| 48623 | Yum! Brands, Inc. | 7355687 |
|  |  | 21900672 |
|  | **Household Durables — 0.4%**  |  |
| 190122 | Sony Group Corp., ADR | 4867123 |
| 21426 | Toll Brothers, Inc. | 2897224 |
|  |  | 7764347 |
|  | **Household Products — 0.7%**  |  |
| 158684 | Colgate-Palmolive Co. | 12539210 |
|  | **Independent Power and Renewable Electricity Producers — 0.6%**  |  |
| 74143 | Vistra Corp. | 11961490 |
|  | **Industrial REITs — 0.3%**  |  |
| 39429 | Prologis, Inc. | 5033506 |
|  | **Insurance — 0.3%**  |  |
| 5147 | F&G Annuities & Life, Inc. | 158785 |
| 85957 | Fidelity National Financial, Inc. | 4692393 |
|  |  | 4851178 |
|  | **Interactive Media & Services — 6.3%**  |  |
| 143094 | Alphabet, Inc., Class A (b) | 44788422 |
| 122296 | Alphabet, Inc., Class C (b) | 38376485 |
| 104647 | Match Group, Inc. | 3379052 |
| 47428 | Meta Platforms, Inc., Class A (b) | 31306748 |
|  |  | 117850707 |
|  | **IT Services — 0.7%**  |  |
| 22734 | Cloudflare, Inc., Class A (a) | 4482008 |
| 26606 | International Business Machines Corp. | 7880963 |
|  |  | 12362971 |
|  | **Life Sciences Tools & Services — 0.4%**  |  |
| 7232 | Medpace Holdings, Inc. (a) | 4061853 |
| 85492 | QIAGEN N.V. | 3844575 |
|  |  | 7906428 |
|  | **Machinery — 1.3%**  |  |
| 48113 | Allison Transmission Holdings, Inc. | 4710263 |
| 12177 | Caterpillar, Inc. | 6975838 |
| 27646 | ITT, Inc. | 4796857 |
| 57231 | Otis Worldwide Corp. | 4999128 |
| 12352 | Watts Water Technologies, Inc., Class A | 3409399 |
|  |  | 24891485 |
|  | **Metals & Mining — 1.1%**  |  |
| 66359 | Alamos Gold, Inc., Class A | 2560130 |
| 67837 | Anglogold Ashanti PLC | 5785140 |
| 87874 | Gold Fields Ltd., ADR | 3836579 |
| 28633 | Rio Tinto PLC, ADR | 2291499 |
| 29081 | Southern Copper Corp. | 4172251 |
| 175070 | Vale S.A., ADR | 2281162 |
|  |  | 20926761 |

---

See Notes to Financial Statements

------

**First Trust BuyWrite Income ETF (FTHI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Mortgage REITs — 0.4%**  |  |
| 231538 | Annaly Capital Management, Inc. | $5177190 |
| 107115 | ARMOUR Residential REIT, Inc. | 1894864 |
|  |  | 7072054 |
|  | **Multi-Utilities — 0.2%**  |  |
| 30753 | Dominion Energy, Inc. | 1801818 |
| 16814 | WEC Energy Group, Inc. | 1773205 |
|  |  | 3575023 |
|  | **Office REITs — 0.1%**  |  |
| 66159 | Kilroy Realty Corp. | 2472362 |
|  | **Oil, Gas & Consumable Fuels — 2.3%**  |  |
| 386714 | Antero Midstream Corp. | 6879642 |
| 172620 | APA Corp. | 4222285 |
| 218741 | DHT Holdings, Inc. | 2670828 |
| 56277 | DT Midstream, Inc. | 6735232 |
| 143889 | Exxon Mobil Corp. | 17315602 |
| 123776 | HF Sinclair Corp. | 5703598 |
|  |  | 43527187 |
|  | **Passenger Airlines — 1.3%**  |  |
| 1607952 | American Airlines Group, Inc. (a) | 24649904 |
|  | **Personal Care Products — 0.6%**  |  |
| 90225 | BellRing Brands, Inc. (a) | 2411714 |
| 138867 | Unilever PLC, ADR (b) | 9081902 |
|  |  | 11493616 |
|  | **Pharmaceuticals — 4.1%**  |  |
| 7481 | Eli Lilly & Co. (b) | 8039681 |
| 87871 | Johnson & Johnson | 18184904 |
| 58919 | Merck & Co., Inc. | 6201814 |
| 90606 | Novartis AG, ADR | 12491849 |
| 467499 | Novo Nordisk A/S, ADR | 23786349 |
| 208260 | Royalty Pharma PLC, Class A | 8047166 |
|  |  | 76751763 |
|  | **Retail REITs — 0.1%**  |  |
| 11164 | Simon Property Group, Inc. | 2066568 |
|  | **Semiconductors & Semiconductor Equipment — 12.8%**  |  |
| 24967 | Advanced Micro Devices, Inc. (a) | 5346933 |
| 11802 | Applied Materials, Inc. | 3032996 |
| 30902 | ASML Holding N.V. | 33060814 |
| 136568 | Broadcom, Inc. (b) | 47266185 |
| 15528 | Cirrus Logic, Inc. (a) | 1840068 |
| 751277 | NVIDIA Corp. (b) | 140113160 |
| 117823 | SolarEdge Technologies, Inc. (a) | 3399193 |
| 14928 | Taiwan Semiconductor Manufacturing Co., Ltd., ADR | 4536470 |
|  |  | 238595819 |
|  | **Software — 10.2%**  |  |
| 86046 | Dropbox, Inc., Class A (a) | 2392079 |
| 155187 | Fortinet, Inc. (a) | 12323400 |
| 38968 | InterDigital, Inc. | 12406632 |
| 8155 | Intuit, Inc. | 5402035 |

---

See Notes to Financial Statements

------

**First Trust BuyWrite Income ETF (FTHI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Software (Continued)**  |  |
| 15929 | Manhattan Associates, Inc. (a) | $2760655 |
| 260551 | Microsoft Corp. (b) | 126007674 |
| 60252 | Nebius Group N.V. (a) | 5043394 |
| 32140 | Oracle Corp. | 6264407 |
| 104344 | Palantir Technologies, Inc., Class A (a) | 18547146 |
|  |  | 191147422 |
|  | **Specialty Retail — 1.2%**  |  |
| 237940 | Bath & Body Works, Inc. | 4777835 |
| 150772 | Gap (The), Inc. | 3859763 |
| 92972 | National Vision Holdings, Inc. (a) | 2400537 |
| 43353 | TJX (The) Cos., Inc. | 6659455 |
| 66820 | Urban Outfitters, Inc. (a) | 5028873 |
|  |  | 22726463 |
|  | **Technology Hardware, Storage & Peripherals — 7.0%**  |  |
| 449754 | Apple, Inc. (b) | 122270122 |
| 36174 | Dell Technologies, Inc., Class C | 4553583 |
| 56386 | Pure Storage, Inc., Class A (a) | 3778426 |
|  |  | 130602131 |
|  | **Textiles, Apparel & Luxury Goods — 1.2%**  |  |
| 105694 | Lululemon Athletica, Inc. (a) | 21964270 |
|  | **Tobacco — 1.5%**  |  |
| 228859 | Altria Group, Inc. | 13196010 |
| 142346 | British American Tobacco PLC, ADR | 8059631 |
| 48390 | Philip Morris International, Inc. | 7761756 |
|  |  | 29017397 |
|  | **Trading Companies & Distributors — 0.4%**  |  |
| 33958 | AerCap Holdings N.V. | 4881802 |
| 9010 | Ferguson Enterprises, Inc. | 2005896 |
|  |  | 6887698 |
|  | **Wireless Telecommunication Services — 0.3%**  |  |
| 118524 | America Movil S.A.B. de C.V., ADR | 2449891 |
| 15690 | T-Mobile US, Inc. | 3185698 |
|  |  | 5635589 |
|  | **Total Common Stocks** | 1843474934 |
|  | (Cost $1,459,906,253) |  |
| **MONEY MARKET FUNDS — 2.5%** | **MONEY MARKET FUNDS — 2.5%** | **MONEY MARKET FUNDS — 2.5%** |
| 46248152 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.65% (c) | 46248152 |
|  | (Cost $46,248,152) |  |
|  | **Total Investments — 101.2%** | 1889723086 |
|  | (Cost $1,506,154,405) |  |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Number of** <br>**Contracts**<br>| **Notional** <br>**Amount**<br>| **Exercise** <br>**Price**<br>| **Expiration** <br>**Date**<br>| **Value** |
| **WRITTEN OPTIONS — (1.3)%** | **WRITTEN OPTIONS — (1.3)%** | **WRITTEN OPTIONS — (1.3)%** | **WRITTEN OPTIONS — (1.3)%** | **WRITTEN OPTIONS — (1.3)%** |
|  | **Call Options Written — (1.3)%** | **Call Options Written — (1.3)%** | **Call Options Written — (1.3)%** |  |
| (220)<br> S&P 500<sup>®</sup> Index  | $(150601000)<br>| $6650.00 | 01/16/26 | (5164280)<br>|
| (200)<br> S&P 500<sup>®</sup> Index  | (136910000)<br>| 6700.00 | 01/16/26 | (3650000)<br>|
| (200)<br> S&P 500<sup>®</sup> Index  | (136910000)<br>| 6725.00 | 01/16/26 | (3812600)<br>|

---

See Notes to Financial Statements

------

**First Trust BuyWrite Income ETF (FTHI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Number of**<br> **Contracts**<br>| **Notional**<br> **Amount**<br>| **Exercise**<br> **Price**<br>| **Expiration**<br> **Date**<br>| **Value** |
| **WRITTEN OPTIONS (Continued)** | **WRITTEN OPTIONS (Continued)** | **WRITTEN OPTIONS (Continued)** | **WRITTEN OPTIONS (Continued)** | **WRITTEN OPTIONS (Continued)** |
|  | **Call Options Written (Continued)** | **Call Options Written (Continued)** | **Call Options Written (Continued)** |  |
| (220)<br> S&P 500<sup>®</sup> Index  | $(150601000)<br>| $6825.00 | 01/16/26 | $(1926100)<br>|
| (210)<br> S&P 500<sup>®</sup> Index  | (143755500)<br>| 6900.00 | 01/16/26 | (897540)<br>|
| (410)<br> S&P 500<sup>®</sup> Index  | (280665500)<br>| 6925.00 | 01/16/26 | (1514950)<br>|
| (220)<br> S&P 500<sup>®</sup> Index  | (150601000)<br>| 6800.00 | 02/20/26 | (4054600)<br>|
| (200)<br> S&P 500<sup>®</sup> Index  | (136910000)<br>| 6900.00 | 02/20/26 | (2329200)<br>|
|  | **Total Written Options** | **Total Written Options** | **Total Written Options** | (23349270)<br>|
|  | (Premiums received $22,844,738) | (Premiums received $22,844,738) | (Premiums received $22,844,738) |  |
|  | **Net Other Assets and Liabilities — 0.1%** | **Net Other Assets and Liabilities — 0.1%** | **Net Other Assets and Liabilities — 0.1%** | 1118437 |
|  | **Net Assets — 100.0%** | **Net Assets — 100.0%** | **Net Assets — 100.0%** | $1867492253 |

---

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

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

&nbsp;&nbsp;&nbsp;&nbsp;(b) All
 or a portion of this security is pledged as collateral for the options written. At December 31, 2025, the value of these securities amounts
 to $298,446,695.

&nbsp;&nbsp;&nbsp;&nbsp;(c) 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 <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 Note 2A - Portfolio Valuation in the Notes to Financial Statements):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **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; $1843474934 | &nbsp;&nbsp;&nbsp;&nbsp; $1843474934 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— |
| Money Market Funds | &nbsp;&nbsp; 46248152 | &nbsp;&nbsp;&nbsp;&nbsp; 46248152 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Total Investments | &nbsp;&nbsp; $1889723086 | &nbsp;&nbsp;&nbsp;&nbsp; $1889723086 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **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>|
| Written Options | &nbsp;&nbsp; $(23349270)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(23349270)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— |

---

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

\* See Portfolio of Investments for industry breakout.

See Notes to Financial Statements

------

**First Trust Nasdaq BuyWrite Income ETF (FTQI)**

**Portfolio of Investments**

**December 31, 2025**

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

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS — 98.6%** | **COMMON STOCKS — 98.6%** | **COMMON STOCKS — 98.6%** |
|  | **Aerospace & Defense — 0.9%**  |  |
| 9709 | General Electric Co. | $2990663 |
| 11766 | Woodward, Inc. | 3557097 |
|  |  | 6547760 |
|  | **Automobiles — 3.7%**  |  |
| 63051 | Tesla, Inc. (a) (b) | 28355296 |
|  | **Banks — 2.2%**  |  |
| 57885 | Bank of America Corp. | 3183675 |
| 13663 | Citizens Financial Group, Inc. | 798056 |
| 15535 | East West Bancorp, Inc. | 1745979 |
| 13136 | FB Financial Corp. | 732989 |
| 45704 | NU Holdings Ltd., Class A (a) | 765085 |
| 5909 | Pinnacle Financial Partners, Inc. | 563778 |
| 10220 | PNC Financial Services Group (The), Inc. | 2133220 |
| 10264 | ServisFirst Bancshares, Inc. | 736852 |
| 40189 | U.S. Bancorp | 2144485 |
| 10098 | UMB Financial Corp. | 1161674 |
| 29487 | Wells Fargo & Co. | 2748188 |
|  |  | 16713981 |
|  | **Beverages — 1.6%**  |  |
| 38458 | Celsius Holdings, Inc. (a) | 1759069 |
| 19973 | Coca-Cola (The) Co. | 1396312 |
| 9453 | Coca-Cola Consolidated, Inc. | 1449145 |
| 55933 | PepsiCo, Inc. | 8027504 |
|  |  | 12632030 |
|  | **Biotechnology — 4.0%**  |  |
| 40145 | AbbVie, Inc. (b) | 9172731 |
| 18201 | Amgen, Inc. | 5957369 |
| 1688 | Argenx SE, ADR (a) | 1419524 |
| 68489 | Genmab A/S, ADR (a) | 2109461 |
| 34608 | Gilead Sciences, Inc. | 4247786 |
| 36658 | Incyte Corp. (a) | 3620711 |
| 15283 | Ionis Pharmaceuticals, Inc. (a) | 1209038 |
| 8125 | Natera, Inc. (a) | 1861356 |
| 6924 | Neurocrine Biosciences, Inc. (a) | 982031 |
|  |  | 30580007 |
|  | **Broadline Retail — 4.6%**  |  |
| 137685 | Amazon.com, Inc. (a) (b) | 31780452 |
| 27699 | eBay, Inc. | 2412583 |
| 9909 | Ollie's Bargain Outlet Holdings, Inc. (a) | 1086125 |
|  |  | 35279160 |
|  | **Capital Markets — 3.0%**  |  |
| 22022 | Bank of New York Mellon (The) Corp. | 2556534 |
| 104139 | BGC Group, Inc., Class A | 929961 |
| 24120 | CME Group, Inc. (b) | 6586690 |
| 1529 | Moody's Corp. | 781090 |
| 27355 | Nasdaq, Inc. | 2656991 |
| 10583 | Northern Trust Corp. | 1445532 |

---

See Notes to Financial Statements

------

**First Trust Nasdaq BuyWrite Income ETF (FTQI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Capital Markets (Continued)**  |  |
| 48291 | Robinhood Markets, Inc., Class A (a) | $5461712 |
| 22776 | T. Rowe Price Group, Inc. | 2331807 |
|  |  | 22750317 |
|  | **Chemicals — 0.9%**  |  |
| 5903 | Air Products and Chemicals, Inc. | 1458159 |
| 19726 | Corteva, Inc. | 1322234 |
| 11695 | Ecolab, Inc. | 3070171 |
| 10615 | International Flavors & Fragrances, Inc. | 715345 |
| 6940 | RPM International, Inc. | 721760 |
|  |  | 7287669 |
|  | **Communications Equipment — 2.0%**  |  |
| 190251 | Cisco Systems, Inc. (b) | 14655035 |
| 2771 | F5, Inc. (a) | 707325 |
|  |  | 15362360 |
|  | **Consumer Finance — 0.3%**  |  |
| 6564 | American Express Co. | 2428352 |
|  | **Consumer Staples Distribution & Retail — 3.7%**  |  |
| 5912 | Casey's General Stores, Inc. | 3267621 |
| 18821 | Costco Wholesale Corp. (b) | 16230101 |
| 12364 | Dollar Tree, Inc. (a) | 1520896 |
| 68858 | Walmart, Inc. (b) | 7671470 |
|  |  | 28690088 |
|  | **Containers & Packaging — 0.4%**  |  |
| 86886 | Amcor PLC | 724629 |
| 19140 | International Paper Co. | 753925 |
| 3697 | Packaging Corp. of America | 762432 |
| 21380 | Smurfit WestRock PLC | 826765 |
|  |  | 3067751 |
|  | **Electric Utilities — 0.8%**  |  |
| 51481 | Alliant Energy Corp. | 3346780 |
| 27039 | Evergy, Inc. | 1960057 |
| 8788 | NextEra Energy, Inc. | 705501 |
|  |  | 6012338 |
|  | **Electrical Equipment — 0.5%**  |  |
| 3904 | GE Vernova, Inc. | 2551537 |
| 11065 | Nextpower, Inc., Class A (a) | 963872 |
|  |  | 3515409 |
|  | **Electronic Equipment, Instruments & Components — 0.7%**  |  |
| 4453 | Advanced Energy Industries, Inc. | 932325 |
| 30799 | Flex Ltd. (a) | 1860876 |
| 3796 | Itron, Inc. (a) | 352496 |
| 7582 | Littelfuse, Inc. | 1917639 |
|  |  | 5063336 |
|  | **Energy Equipment & Services — 0.2%**  |  |
| 20874 | SLB Ltd. | 801144 |
| 11596 | Weatherford International PLC | 907503 |
|  |  | 1708647 |

---

See Notes to Financial Statements

------

**First Trust Nasdaq BuyWrite Income ETF (FTQI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Entertainment — 2.6%**  |  |
| 12176 | Liberty Media Corp.-Liberty Formula One, Class C (a) | $1199458 |
| 17972 | NetEase, Inc., ADR | 2473307 |
| 170228 | Netflix, Inc. (a) (b) | 15960577 |
|  |  | 19633342 |
|  | **Financial Services — 0.1%**  |  |
| 1885 | Mastercard, Inc., Class A | 1076109 |
|  | **Ground Transportation — 0.4%**  |  |
| 7598 | J.B. Hunt Transport Services, Inc. | 1476596 |
| 66898 | Lyft, Inc., Class A (a) | 1295814 |
|  |  | 2772410 |
|  | **Health Care Equipment & Supplies — 1.7%**  |  |
| 7354 | Boston Scientific Corp. (a) | 701204 |
| 19440 | Hologic, Inc. (a) | 1448086 |
| 4636 | Insulet Corp. (a) | 1317737 |
| 14137 | Intuitive Surgical, Inc. (a) | 8006631 |
| 3596 | ResMed, Inc. | 866168 |
| 2388 | Stryker Corp. | 839310 |
|  |  | 13179136 |
|  | **Health Care Providers & Services — 0.5%**  |  |
| 27658 | Guardant Health, Inc. (a) | 2824988 |
| 2279 | UnitedHealth Group, Inc. | 752321 |
|  |  | 3577309 |
|  | **Health Care Technology — 0.1%**  |  |
| 4131 | Veeva Systems, Inc., Class A (a) | 922163 |
|  | **Hotels, Restaurants & Leisure — 0.3%**  |  |
| 7701 | Expedia Group, Inc. | 2181770 |
|  | **Household Durables — 0.1%**  |  |
| 1274 | Cavco Industries, Inc. (a) | 752603 |
|  | **Household Products — 0.3%**  |  |
| 17088 | Procter & Gamble (The) Co. | 2448881 |
|  | **Independent Power and Renewable Electricity Producers — 0.3%**  |  |
| 6703 | Talen Energy Corp. (a) | 2512553 |
|  | **Insurance — 0.4%**  |  |
| 2124 | Aon PLC, Class A | 749517 |
| 2974 | Arthur J. Gallagher & Co. | 769641 |
| 6767 | Marsh & McLennan Cos., Inc. | 1255414 |
|  |  | 2774572 |
|  | **Interactive Media & Services — 7.1%**  |  |
| 54402 | Alphabet, Inc., Class A (b) | 17027826 |
| 54384 | Alphabet, Inc., Class C (b) | 17065699 |
| 30900 | Meta Platforms, Inc., Class A (b) | 20396781 |
|  |  | 54490306 |
|  | **IT Services — 0.5%**  |  |
| 25361 | Shopify, Inc., Class A (a) | 4082360 |
|  | **Life Sciences Tools & Services — 0.8%**  |  |
| 28044 | Bio-Techne Corp. | 1649268 |

---

See Notes to Financial Statements

------

**First Trust Nasdaq BuyWrite Income ETF (FTQI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Life Sciences Tools & Services (Continued)**  |  |
| 25476 | Illumina, Inc. (a) | $3341432 |
| 1498 | Medpace Holdings, Inc. (a) | 841352 |
|  |  | 5832052 |
|  | **Machinery — 1.3%**  |  |
| 7880 | Caterpillar, Inc. | 4514216 |
| 9471 | Lincoln Electric Holdings, Inc. | 2269631 |
| 5770 | Nordson Corp. | 1387281 |
| 1439 | Parker-Hannifin Corp. | 1264823 |
| 11066 | Symbotic, Inc. (a) | 658427 |
|  |  | 10094378 |
|  | **Metals & Mining — 0.4%**  |  |
| 5573 | Royal Gold, Inc. | 1238822 |
| 5759 | Southern Copper Corp. | 826244 |
| 5067 | Steel Dynamics, Inc. | 858603 |
|  |  | 2923669 |
|  | **Multi-Utilities — 0.3%**  |  |
| 7506 | Consolidated Edison, Inc. | 745496 |
| 9098 | Public Service Enterprise Group, Inc. | 730569 |
| 6688 | WEC Energy Group, Inc. | 705317 |
|  |  | 2181382 |
|  | **Oil, Gas & Consumable Fuels — 1.7%**  |  |
| 79415 | BP PLC, ADR | 2758083 |
| 5000 | Chevron Corp. | 762050 |
| 6314 | DT Midstream, Inc. | 755660 |
| 6490 | Exxon Mobil Corp. | 781007 |
| 27905 | Kinder Morgan, Inc. | 767108 |
| 3899 | Marathon Petroleum Corp. | 634094 |
| 22770 | MPLX, L.P. (c) | 1215235 |
| 5509 | Phillips 66 | 710881 |
| 19915 | Shell PLC, ADR | 1463354 |
| 4380 | Targa Resources Corp. | 808110 |
| 28049 | TotalEnergies SE | 1834966 |
| 4281 | Valero Energy Corp. | 696904 |
|  |  | 13187452 |
|  | **Passenger Airlines — 0.3%**  |  |
| 32885 | Ryanair Holdings PLC, ADR | 2373968 |
|  | **Pharmaceuticals — 0.5%**  |  |
| 6008 | Johnson & Johnson | 1243356 |
| 59896 | Royalty Pharma PLC, Class A | 2314381 |
|  |  | 3557737 |
|  | **Professional Services — 0.2%**  |  |
| 15094 | SS&C Technologies Holdings, Inc. | 1319517 |
|  | **Semiconductors & Semiconductor Equipment — 22.3%**  |  |
| 160800 | Advanced Micro Devices, Inc. (a) | 34436928 |
| 27295 | Amkor Technology, Inc. | 1077607 |
| 8632 | Astera Labs, Inc. (a) | 1436020 |
| 82346 | Broadcom, Inc. (b) | 28499951 |
| 14885 | Cirrus Logic, Inc. (a) | 1763873 |

---

See Notes to Financial Statements

------

**First Trust Nasdaq BuyWrite Income ETF (FTQI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** | **COMMON STOCKS (Continued)** |
|  | **Semiconductors & Semiconductor Equipment (Continued)**  |  |
| 3842 | First Solar, Inc. (a) | $1003646 |
| 122737 | Intel Corp. (a) | 4528995 |
| 17298 | Kulicke & Soffa Industries, Inc. | 788097 |
| 5657 | MACOM Technology Solutions Holdings, Inc. (a) | 968931 |
| 40650 | Micron Technology, Inc. | 11601916 |
| 7705 | MKS, Inc. | 1231259 |
| 4186 | Monolithic Power Systems, Inc. | 3794023 |
| 332187 | NVIDIA Corp. (b) | 61952875 |
| 16344 | Qorvo, Inc. (a) | 1381231 |
| 40303 | QUALCOMM, Inc. | 6893828 |
| 34614 | Rambus, Inc. (a) | 3180680 |
| 21652 | SolarEdge Technologies, Inc. (a) | 624660 |
| 34467 | Texas Instruments, Inc. | 5979680 |
|  |  | 171144200 |
|  | **Software — 15.7%**  |  |
| 21052 | Adobe, Inc. (a) | 7367989 |
| 17998 | AppLovin Corp., Class A (a) | 12127412 |
| 23769 | Check Point Software Technologies Ltd. (a) (b) | 4410576 |
| 5324 | CyberArk Software Ltd. (a) | 2374823 |
| 7506 | InterDigital, Inc. | 2389760 |
| 12914 | Intuit, Inc. (b) | 8554492 |
| 114590 | Microsoft Corp. (b) | 55418016 |
| 103089 | Palantir Technologies, Inc., Class A (a) (b) | 18324070 |
| 26813 | Palo Alto Networks, Inc. (a) | 4938955 |
| 6422 | PTC, Inc. (a) | 1118777 |
| 4806 | Salesforce, Inc. | 1273157 |
| 6336 | ServiceNow, Inc. (a) | 970612 |
| 15010 | Trimble, Inc. (a) | 1176034 |
|  |  | 120444673 |
|  | **Specialized REITs — 0.3%**  |  |
| 1603 | Equinix, Inc. | 1228154 |
| 42820 | Weyerhaeuser Co. | 1014406 |
|  |  | 2242560 |
|  | **Specialty Retail — 0.3%**  |  |
| 7445 | Five Below, Inc. (a) | 1402340 |
| 1420 | Ulta Beauty, Inc. (a) | 859114 |
|  |  | 2261454 |
|  | **Technology Hardware, Storage & Peripherals — 9.3%**  |  |
| 221989 | Apple, Inc. (b) | 60349930 |
| 40969 | NetApp, Inc. | 4387370 |
| 22311 | Seagate Technology Holdings PLC | 6144226 |
|  |  | 70881526 |
|  | **Wireless Telecommunication Services — 1.3%**  |  |
| 47989 | T-Mobile US, Inc. (b) | 9743687 |
|  | **Total Common Stocks** | 754586270 |
|  | (Cost $588,045,101) |  |

---

See Notes to Financial Statements

------

**First Trust Nasdaq BuyWrite Income ETF (FTQI)**

**Portfolio of Investments (Continued)**

**December 31, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value** |
| **MONEY MARKET FUNDS — 2.7%** | **MONEY MARKET FUNDS — 2.7%** | **MONEY MARKET FUNDS — 2.7%** |
| 20869078 | Dreyfus Government Cash Management Fund, Institutional Shares - 3.65% (d) | $20869078 |
|  | (Cost $20,869,078) |  |
|  | **Total Investments — 101.3%** | 775455348 |
|  | (Cost $608,914,179) |  |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Number of** <br>**Contracts**<br>| **Notional** <br>**Amount**<br>| **Exercise** <br>**Price**<br>| **Expiration** <br>**Date**<br>| **Value** |
| **WRITTEN OPTIONS — (1.3)%** | **WRITTEN OPTIONS — (1.3)%** | **WRITTEN OPTIONS — (1.3)%** | **WRITTEN OPTIONS — (1.3)%** | **WRITTEN OPTIONS — (1.3)%** |
|  | **Call Options Written — (1.3)%** | **Call Options Written — (1.3)%** | **Call Options Written — (1.3)%** |  |
| (40)<br> Nasdaq -100 Index<sup>®</sup> <br>| $(100999400)<br>| $24700.00 | 01/16/26 | (2985200)<br>|
| (35)<br> Nasdaq -100 Index<sup>®</sup> <br>| (88374475)<br>| 25400.00 | 01/16/26 | (1231895)<br>|
| (35)<br> Nasdaq -100 Index<sup>®</sup> <br>| (88374475)<br>| 25800.00 | 01/16/26 | (398475)<br>|
| (35)<br> Nasdaq -100 Index<sup>®</sup> <br>| (88374475)<br>| 25850.00 | 01/16/26 | (348775)<br>|
| (35)<br> Nasdaq -100 Index<sup>®</sup> <br>| (88374475)<br>| 25100.00 | 02/20/26 | (2863525)<br>|
| (30)<br> Nasdaq -100 Index<sup>®</sup> <br>| (75749550)<br>| 25300.00 | 02/20/26 | (2077200)<br>|
|  | **Total Written Options** | **Total Written Options** | **Total Written Options** | (9905070)<br>|
|  | (Premiums received $13,299,488) | (Premiums received $13,299,488) | (Premiums received $13,299,488) |  |
|  | **Net Other Assets and Liabilities — 0.0%** | **Net Other Assets and Liabilities — 0.0%** | **Net Other Assets and Liabilities — 0.0%** | 48144 |
|  | **Net Assets — 100.0%** | **Net Assets — 100.0%** | **Net Assets — 100.0%** | $765598422 |

---

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

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

&nbsp;&nbsp;&nbsp;&nbsp;(b) All
 or a portion of this security is pledged as collateral for the options written. At December 31, 2025, the value of these securities amounts
 to $214,075,575.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Security
 is a Master Limited Partnership.

&nbsp;&nbsp;&nbsp;&nbsp;(d) 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 <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 Note 2A - Portfolio Valuation in the Notes to Financial Statements):

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** | **ASSETS TABLE** |
|  | **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; $754586270 | &nbsp;&nbsp;&nbsp;&nbsp; $754586270 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— |
| Money Market Funds | &nbsp;&nbsp; 20869078 | &nbsp;&nbsp;&nbsp;&nbsp; 20869078 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| Total Investments | &nbsp;&nbsp; $775455348 | &nbsp;&nbsp;&nbsp;&nbsp; $775455348 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** | **LIABILITIES TABLE** |
|  | **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>|
| Written Options | &nbsp;&nbsp; $(9905070)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(1231895)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $(8673175)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $— |

---

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

\* See Portfolio of Investments for industry breakout.

See Notes to Financial Statements

------

**First Trust Exchange-Traded Fund VI**

**Statements of Assets and Liabilities**

**December 31, 2025**

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

---

| | | |
|:---|:---|:---|
|  | **First Trust** <br> **BuyWrite** <br> **Income ETF** <br>**(FTHI)** <br>| **First Trust** <br> **Nasdaq** <br> **BuyWrite** <br> **Income ETF** <br>**(FTQI)** <br>|
| **ASSETS:** |  |  |
| Investments, at value | $1889723086 | &nbsp;&nbsp; $775455348 |
| Due from broker | 657945 | &nbsp;&nbsp; 16963 |
| Cash segregated as collateral | 365166 | &nbsp;&nbsp; 194652 |
| Receivables: |  |  |
| Dividends | 1203665 | &nbsp;&nbsp; 312303 |
| Capital shares sold | 1180081 | &nbsp;&nbsp; — |
| Reclaims | 31743 | &nbsp;&nbsp; 4154 |
| Total Assets | 1893161686 | &nbsp;&nbsp; 775983420 |
| **LIABILITIES:** |  |  |
| Options contracts written, at value | 23349270 | &nbsp;&nbsp; 9905070 |
| Payables: |  |  |
| Investment securities purchased | 1166720 | &nbsp;&nbsp; — |
| Investment advisory fees | 1153443 | &nbsp;&nbsp; 479928 |
| Total Liabilities | 25669433 | &nbsp;&nbsp; 10384998 |
| **NET ASSETS** | $1867492253 | &nbsp;&nbsp; $765598422 |
| **NET ASSETS consist of:** |  |  |
| Paid-in capital | $1685349400 | &nbsp;&nbsp; $697158810 |
| Par value | 791242 | &nbsp;&nbsp; 368500 |
| Accumulated distributable earnings (loss) | 181351611 | &nbsp;&nbsp; 68071112 |
| **NET ASSETS** | $1867492253 | &nbsp;&nbsp; $765598422 |
| **NET ASSET VALUE,** per share | $23.60 | &nbsp;&nbsp; $20.78 |
| Number of shares outstanding (unlimited number of shares authorized, par value $0.01 per <br> share)<br>| 79124201 | &nbsp;&nbsp; 36850002 |
| Investments, at cost | $1506154405 | &nbsp;&nbsp; $608914179 |
| Premiums received on options contracts written | $22844738 | &nbsp;&nbsp; $13299488 |

---

See Notes to Financial Statements

------

**First Trust Exchange-Traded Fund VI**

**Statements of Operations**

**For the Year Ended December 31, 2025**

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

---

| | | |
|:---|:---|:---|
|  | **First Trust** <br> **BuyWrite** <br> **Income ETF** <br>**(FTHI)** <br>| **First Trust** <br> **Nasdaq** <br> **BuyWrite** <br> **Income ETF** <br>**(FTQI)** <br>|
| **INVESTMENT INCOME:** |  |  |
| Dividends | $22540215 | &nbsp;&nbsp; $5605618 |
| Foreign withholding tax | (180482)<br>| &nbsp;&nbsp; (24188)<br>|
| Total investment income | 22359733 | &nbsp;&nbsp; 5581430 |
| **EXPENSES:** |  |  |
| Investment advisory fees | 10655875<br>| &nbsp;&nbsp; 4843799<br>|
| Other expenses | 100308 | &nbsp;&nbsp; 46520 |
| Total expenses | 10756183 | &nbsp;&nbsp; 4890319 |
| **NET INVESTMENT INCOME (LOSS)** | 11603550 | &nbsp;&nbsp; 691111 |
| **NET REALIZED AND UNREALIZED GAIN (LOSS):** |  |  |
| Net realized gain (loss) on: |  |  |
| Investments | (51192826)<br>| &nbsp;&nbsp; (19910989)<br>|
| In-kind redemptions | 64839348 | &nbsp;&nbsp; 67095144 |
| Written options contracts | (45892484)<br>| &nbsp;&nbsp; (32108449)<br>|
| Foreign currency transactions | 222 | &nbsp;&nbsp; (953)<br>|
| Net realized gain (loss) | (32245740)<br>| &nbsp;&nbsp; 15074753 |
| Net change in unrealized appreciation (depreciation) on: |  |  |
| Investments | 183855048 | &nbsp;&nbsp; 69621726 |
| Written options contracts | (9914299)<br>| &nbsp;&nbsp; (2983111)<br>|
| Foreign currency translation | 202 | &nbsp;&nbsp; — |
| Net change in unrealized appreciation (depreciation) | 173940951 | &nbsp;&nbsp; 66638615 |
| **NET REALIZED AND UNREALIZED GAIN (LOSS)** | 141695211 | &nbsp;&nbsp; 81713368 |
| **NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS** | $153298761 | &nbsp;&nbsp; $82404479 |

---

See Notes to Financial Statements

------

**First Trust Exchange-Traded Fund VI**

**Statements of Changes in Net Assets** 

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

---

| | | | |
|:---|:---|:---|:---|
|  | **First Trust BuyWrite Income ETF (FTHI)** | **First Trust BuyWrite Income ETF (FTHI)** | **First Trust BuyWrite Income ETF (FTHI)** |
|  | <br>**Year** <br>**Ended** <br>**12/31/2025** <br>| **Period Ended** <br>**12/31/2024 (a)**<br>| **Year Ended** <br>**9/30/2024** <br>|
| **OPERATIONS:** |  |  |  |
| Net investment income (loss) | $11603550 | &nbsp;&nbsp; $2350884 | &nbsp;&nbsp; $6721249 |
| Net realized gain (loss) | (32245740)<br>| &nbsp;&nbsp; (5652691)<br>| &nbsp;&nbsp; (53577892)<br>|
| Net change in unrealized appreciation (depreciation) | 173940951 | &nbsp;&nbsp; 34400654 | &nbsp;&nbsp; 156493776 |
| Net increase (decrease) in net assets resulting from operations | 153298761 | &nbsp;&nbsp; 31098847 | &nbsp;&nbsp; 109637133 |
| **DISTRIBUTIONS TO SHAREHOLDERS FROM:** |  |  |  |
| Investment operations | (13249175)<br>| &nbsp;&nbsp; (2351353)<br>| &nbsp;&nbsp; (6887459)<br>|
| Return of capital | (115160058)<br>| &nbsp;&nbsp; (19960935)<br>| &nbsp;&nbsp; (43515988)<br>|
| Total distributions to shareholders | (128409233)<br>| &nbsp;&nbsp; (22312288)<br>| &nbsp;&nbsp; (50403447)<br>|
| **SHAREHOLDER TRANSACTIONS:** |  |  |  |
| Proceeds from shares sold | 944949718 | &nbsp;&nbsp; 167943920 | &nbsp;&nbsp; 625273778 |
| Cost of shares redeemed | (183599787)<br>| &nbsp;&nbsp; (25932713)<br>| &nbsp;&nbsp; (18095938)<br>|
| Net increase (decrease) in net assets resulting from shareholder transactions | 761349931 | &nbsp;&nbsp; 142011207 | &nbsp;&nbsp; 607177840 |
| Total increase (decrease) in net assets | 786239459 | &nbsp;&nbsp; 150797766 | &nbsp;&nbsp; 666411526 |
| **NET ASSETS:** |  |  |  |
| Beginning of period | 1081252794 | &nbsp;&nbsp; 930455028 | &nbsp;&nbsp; 264043502 |
| End of period | $1867492253 | &nbsp;&nbsp; $1081252794 | &nbsp;&nbsp; $930455028 |
| **CHANGES IN SHARES OUTSTANDING:** |  |  |  |
| Shares outstanding, beginning of period | 46524201 | &nbsp;&nbsp; 40474201 | &nbsp;&nbsp; 12974201 |
| Shares sold | 40850000 | &nbsp;&nbsp; 7150000 | &nbsp;&nbsp; 28350000 |
| Shares redeemed | (8250000)<br>| &nbsp;&nbsp; (1100000)<br>| &nbsp;&nbsp; (850000)<br>|
| Shares outstanding, end of period | 79124201 | &nbsp;&nbsp; 46524201 | &nbsp;&nbsp; 40474201 |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) For
 the period October 1, 2024 to December 31, 2024. The Fund's fiscal year end was changed from September 30 to December 31.

See Notes to Financial Statements

------

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

---

| | | |
|:---|:---|:---|
| **First Trust Nasdaq BuyWrite Income ETF (FTQI)** | **First Trust Nasdaq BuyWrite Income ETF (FTQI)** | **First Trust Nasdaq BuyWrite Income ETF (FTQI)** |
| <br>**Year** <br>**Ended** <br>**12/31/2025** <br>| **Period Ended** <br>**12/31/2024 (a)**<br>| **Year Ended** <br>**9/30/2024** <br>|
| $691111 | &nbsp;&nbsp; $247362 | &nbsp;&nbsp; $898209 |
| 15074753 | &nbsp;&nbsp; (4642265)<br>| &nbsp;&nbsp; (27521400)<br>|
| 66638615 | &nbsp;&nbsp; 26156587 | &nbsp;&nbsp; 72028329 |
| 82404479 | &nbsp;&nbsp; 21761684 | &nbsp;&nbsp; 45405138 |
| (1103658)<br>| &nbsp;&nbsp; (288687)<br>| &nbsp;&nbsp; (1190657)<br>|
| (76522147)<br>| &nbsp;&nbsp; (14419714)<br>| &nbsp;&nbsp; (30278448)<br>|
| (77625805)<br>| &nbsp;&nbsp; (14708401)<br>| &nbsp;&nbsp; (31469105)<br>|
| 410630336 | &nbsp;&nbsp; 113656461 | &nbsp;&nbsp; 356573527 |
| (194637674)<br>| &nbsp;&nbsp; (29145263)<br>| &nbsp;&nbsp; — |
| 215992662 | &nbsp;&nbsp; 84511198 | &nbsp;&nbsp; 356573527 |
| 220771336 | &nbsp;&nbsp; 91564481 | &nbsp;&nbsp; 370509560 |
| 544827086 | &nbsp;&nbsp; 453262605 | &nbsp;&nbsp; 82753045 |
| $765598422 | &nbsp;&nbsp; $544827086 | &nbsp;&nbsp; $453262605 |
| 26200002 | &nbsp;&nbsp; 22150002 | &nbsp;&nbsp; 4400002 |
| 20500000 | &nbsp;&nbsp; 5450000 | &nbsp;&nbsp; 17750000 |
| (9850000)<br>| &nbsp;&nbsp; (1400000)<br>| &nbsp;&nbsp; — |
| 36850002 | &nbsp;&nbsp; 26200002 | &nbsp;&nbsp; 22150002 |

---

See Notes to Financial Statements

------

**First Trust Exchange-Traded Fund VI**

**Financial Highlights**

**For a share outstanding throughout each period**

**First Trust BuyWrite Income ETF (FTHI)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Year** <br>**Ended** <br>**12/31/2025**  | **Period** <br>**Ended** <br>**12/31/2024 (a)** | **Year Ended September 30,** | **Year Ended September 30,** | **Year Ended September 30,** | **Year Ended September 30,** |
|  | **Year** <br>**Ended** <br>**12/31/2025**  | **Period** <br>**Ended** <br>**12/31/2024 (a)** | **2024**  | **2023**  | **2022**  | **2021**  |
| Net asset value, beginning of period | $23.24 | &nbsp;&nbsp;&nbsp;&nbsp; $22.99 | &nbsp;&nbsp;&nbsp;&nbsp; $20.35 | &nbsp;&nbsp;&nbsp;&nbsp; $18.37 | &nbsp;&nbsp;&nbsp;&nbsp; $21.42 | &nbsp;&nbsp;&nbsp;&nbsp; $19.12 |
| **Income from investment operations:** |  |  |  |  |  |  |
| Net investment income (loss)  | 0.19<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.05<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.27<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.25<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.17<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.12<br>|
| Net realized and unrealized gain (loss) | 2.23<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.72<br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.31<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.50<br>| &nbsp;&nbsp;&nbsp;&nbsp; (1.64) <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.14<br>|
| Total from investment operations | 2.42 | &nbsp;&nbsp;&nbsp;&nbsp;0.77 | &nbsp;&nbsp;&nbsp;&nbsp;4.58 | &nbsp;&nbsp;&nbsp;&nbsp;3.75 | &nbsp;&nbsp;&nbsp;&nbsp; (1.47)<br>| &nbsp;&nbsp;&nbsp;&nbsp;3.26 |
| **Distributions paid to shareholders from:** |  |  |  |  |  |  |
| Net investment income | (0.21) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.05) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.27) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.53) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (1.58) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.96) <br>|
| Return of capital | (1.85) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.47) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (1.67) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (1.24) <br>| &nbsp;&nbsp;&nbsp;&nbsp; —<br>| &nbsp;&nbsp;&nbsp;&nbsp; —<br>|
| Total distributions | (2.06) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.52) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (1.94) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (1.77) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (1.58) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.96) <br>|
| Net asset value, end of period | $23.60<br>| &nbsp;&nbsp;&nbsp;&nbsp; $23.24<br>| &nbsp;&nbsp;&nbsp;&nbsp; $22.99<br>| &nbsp;&nbsp;&nbsp;&nbsp; $20.35<br>| &nbsp;&nbsp;&nbsp;&nbsp; $18.37<br>| &nbsp;&nbsp;&nbsp;&nbsp; $21.42<br>|
| **Total return** (c) | 11.01<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.34<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 23.40<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 20.82<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; (7.60)% <br>| &nbsp;&nbsp;&nbsp;&nbsp; 17.31<br> % <br>|
| **Ratios to average net assets/supplemental** <br> **data:**<br>|  |  |  |  |  |  |
| Net assets, end of period (in 000's) | $1867492<br>| &nbsp;&nbsp;&nbsp;&nbsp; $1081253<br>| &nbsp;&nbsp;&nbsp;&nbsp; $930455<br>| &nbsp;&nbsp;&nbsp;&nbsp; $264044<br>| &nbsp;&nbsp;&nbsp;&nbsp; $89527<br>| &nbsp;&nbsp;&nbsp;&nbsp; $46575<br>|
| Ratio of total expenses to average net assets  | 0.76<br> % (d) (e)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.75<br> % (f)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.76<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.85<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.85<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.85<br> % <br>|
| Ratio of net investment income (loss) to <br> average net assets <br>| 0.82<br> % (d)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.92<br> % (f)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.22<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.23<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.81<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.29<br> % <br>|
| Portfolio turnover rate (g) | 58<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 7<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 44<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 98<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 90<br> % (h)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 199<br> % <br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) For
 the period October 1, 2024 to December 31, 2024. The Fund's fiscal year end was changed from September 30 to December 31.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Based
 on average shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Total
 return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions
 at net asset value during the period, and redemption at net asset value on the last day of the period. The returns presented do not reflect
 the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated
 for the time period presented and is not annualized for periods of less than a year.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Ratio
 of total expenses to average net assets and ratio of net investment income (loss) to average net assets do not reflect the Fund's proportionate
 share of expenses and income of underlying investment companies in which the Fund invests.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Includes
 extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.75%.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Portfolio
 turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received
 or delivered from processing creations or redemptions and in-kind transactions.

&nbsp;&nbsp;&nbsp;&nbsp;(h) The
 variation in the portfolio turnover rate is due to lower than expected portfolio rebalancing, which was impacted by high levels of equity volatility
 and a downtrend in the U.S. equity markets.

See Notes to Financial Statements

------

**First Trust Exchange-Traded Fund VI**

**Financial Highlights (Continued)** 

**For a share outstanding throughout each period**

**First Trust Nasdaq BuyWrite Income ETF (FTQI)**

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

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Year** <br>**Ended** <br>**12/31/2025**  | **Period** <br>**Ended** <br>**12/31/2024 (a)** | **Year Ended September 30,** | **Year Ended September 30,** | **Year Ended September 30,** | **Year Ended September 30,** |
|  | **Year** <br>**Ended** <br>**12/31/2025**  | **Period** <br>**Ended** <br>**12/31/2024 (a)** | **2024**  | **2023**  | **2022**  | **2021**  |
| Net asset value, beginning of period | $20.79 | &nbsp;&nbsp;&nbsp;&nbsp; $20.46 | &nbsp;&nbsp;&nbsp;&nbsp; $18.81 | &nbsp;&nbsp;&nbsp;&nbsp; $17.99 | &nbsp;&nbsp;&nbsp;&nbsp; $21.17 | &nbsp;&nbsp;&nbsp;&nbsp; $19.23 |
| **Income from investment operations:** |  |  |  |  |  |  |
| Net investment income (loss)  | 0.02<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.01<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.07<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.05<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.06<br> (b)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.34<br>|
| Net realized and unrealized gain (loss) | 2.36<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.93<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.96<br>| &nbsp;&nbsp;&nbsp;&nbsp; 3.02<br>| &nbsp;&nbsp;&nbsp;&nbsp; (1.83) <br>| &nbsp;&nbsp;&nbsp;&nbsp; 2.26<br>|
| Total from investment operations | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;0.94 | &nbsp;&nbsp;&nbsp;&nbsp;4.03 | &nbsp;&nbsp;&nbsp;&nbsp;3.07 | &nbsp;&nbsp;&nbsp;&nbsp; (1.77)<br>| &nbsp;&nbsp;&nbsp;&nbsp;2.60 |
| **Distributions paid to shareholders from:** |  |  |  |  |  |  |
| Net investment income | (0.03) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.01) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.09) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.05) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.99) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.66) <br>|
| Return of capital | (2.36) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.60) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (2.29) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (2.20) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.42) <br>| &nbsp;&nbsp;&nbsp;&nbsp; —<br>|
| Total distributions | (2.39) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.61) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (2.38) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (2.25) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (1.41) <br>| &nbsp;&nbsp;&nbsp;&nbsp; (0.66) <br>|
| Net asset value, end of period | $20.78<br>| &nbsp;&nbsp;&nbsp;&nbsp; $20.79<br>| &nbsp;&nbsp;&nbsp;&nbsp; $20.46<br>| &nbsp;&nbsp;&nbsp;&nbsp; $18.81<br>| &nbsp;&nbsp;&nbsp;&nbsp; $17.99<br>| &nbsp;&nbsp;&nbsp;&nbsp; $21.17<br>|
| **Total return** (c) | 12.53<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 4.65<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 22.45<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 17.53<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; (9.00)% <br>| &nbsp;&nbsp;&nbsp;&nbsp; 13.66<br> % <br>|
| **Ratios to average net assets/supplemental** <br> **data:**<br>|  |  |  |  |  |  |
| Net assets, end of period (in 000's) | $765598<br>| &nbsp;&nbsp;&nbsp;&nbsp; $544827<br>| &nbsp;&nbsp;&nbsp;&nbsp; $453263<br>| &nbsp;&nbsp;&nbsp;&nbsp; $82753<br>| &nbsp;&nbsp;&nbsp;&nbsp; $18888<br>| &nbsp;&nbsp;&nbsp;&nbsp; $9527<br>|
| Ratio of total expenses to average net assets  | 0.76<br> % (d) (e)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.75<br> % (f)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.76<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.85<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.85<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.85<br> % <br>|
| Ratio of net investment income (loss) to average <br> net assets <br>| 0.11<br> % (d)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.20<br> % (f)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.35<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.24<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 0.27<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 1.16<br> % <br>|
| Portfolio turnover rate (g) | 59<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 12<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 58<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 99<br> % <br>| &nbsp;&nbsp;&nbsp;&nbsp; 107<br> % (h)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 182<br> % <br>|

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) For
 the period October 1, 2024 to December 31, 2024. The Fund's fiscal year end was changed from September 30 to December 31.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Based
 on average shares outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Total
 return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions
 at net asset value during the period, and redemption at net asset value on the last day of the period. The returns presented do not reflect
 the deduction of taxes that a shareholder would pay on Fund distributions or the redemption or sale of Fund shares. Total return is calculated
 for the time period presented and is not annualized for periods of less than a year.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Ratio
 of total expenses to average net assets and ratio of net investment income (loss) to average net assets do not reflect the Fund's proportionate
 share of expenses and income of underlying investment companies in which the Fund invests.

&nbsp;&nbsp;&nbsp;&nbsp;(e) Includes
 extraordinary expenses. If these extraordinary expenses were not included, the expense ratio would have been 0.75%.

&nbsp;&nbsp;&nbsp;&nbsp;(f) Annualized.

&nbsp;&nbsp;&nbsp;&nbsp;(g) Portfolio
 turnover is calculated for the time period presented and is not annualized for periods of less than a year and does not include securities received
 or delivered from processing creations or redemptions and in-kind transactions.

&nbsp;&nbsp;&nbsp;&nbsp;(h) The
 variation in the portfolio turnover rate is due to the change in the Fund's underlying index effective May 11, 2022, which resulted
 in fewer portfolio
 transactions.

See Notes to Financial Statements

------

**Notes to Financial Statements**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

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

**1. Organization**

First Trust Exchange-Traded Fund VI (the "Trust") is an open-end management investment company organized as a Massachusetts business trust on June 4, 2012, and is registered with the Securities and Exchange Commission under the Investment Company Act of 1940, as amended (the "1940 Act").

This report covers the two funds (each a "Fund" and collectively, the "Funds") listed below, each a diversified open-end management investment company as defined in Section 5(b) of the 1940 Act. Each Fund represents a separate series of shares of beneficial interest in the Trust. Unlike conventional mutual funds, each Fund issues and redeems shares on a continuous basis, at net asset value ("NAV"), only in large blocks of shares known as "Creation Units." The shares of each Fund are listed and traded on Nasdaq, Inc. ("Nasdaq").

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

First Trust BuyWrite Income ETF – (ticker "FTHI") <br> First Trust Nasdaq BuyWrite Income ETF – (ticker "FTQI")

FTHI and FTQI are actively managed exchange-traded funds. The primary investment objective of FTHI is to provide current income. FTHI's secondary investment objective is to provide capital appreciation. Under normal market conditions, FTHI pursues its investment objectives by investing primarily in equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded call options on the Standard & Poor's 500<sup>®</sup> Index (the "S&P 500<sup>®</sup>"). The Fund employs an option strategy in which it writes U.S. exchange-traded call options on the S&P 500<sup>®</sup> in order to seek additional cash flow in the form of premiums on the options that may be distributed to shareholders on a monthly basis. A premium is the income received by an investor who sells or writes an option contract to another party. In exchange for the premiums received in connection with its written U.S. exchange-traded call options on the S&P 500<sup>®</sup>, FTHI forfeits any upside potential of the S&P 500<sup>®</sup> above the strike price of the written call options.

The investment objective of FTQI is to provide current income. Under normal market conditions, FTQI pursues its investment objective by investing primarily in equity securities listed on U.S. exchanges and by utilizing a buy-write "option strategy" consisting of writing (selling) U.S. exchange-traded call options on the Nasdaq-100 Index<sup>®</sup> (the "Nasdaq-100<sup>®</sup>"). Under normal market conditions, FTQI will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the components of the Nasdaq Composite Index. FTQI employs an option strategy in which it writes U.S. exchange-traded call options on the Nasdaq-100<sup>®</sup> in order to seek additional cash flow in the form of premiums on the options. A premium is the income received by an investor who sells an option contract to another party. In exchange for the premiums received in connection with its written U.S. exchange-traded call options on the Nasdaq-100<sup>®</sup>, FTQI forfeits any upside potential of the Nasdaq-100<sup>®</sup> above the strike price of the written call options. It is expected that FTQI will distribute premiums to shareholders on a monthly basis. The premiums received from the sale of call options are expected to be FTQI's primary source of income. FTQI does not target a specific income level, but seeks to provide investors with current income primarily from options premiums through writing calls with a notional value of 50-100% of FTQI's assets.

**2. Significant Accounting Policies** 

The Funds are each considered an investment company and follow accounting and reporting guidance under Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946, "Financial Services-Investment Companies." The following is a summary of significant accounting policies consistently followed by the Funds in the preparation of the financial statements. The preparation of the financial statements in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires management to make estimates and assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from those estimates.

**A. Portfolio Valuation**

Each Fund's NAV is determined daily as of the close of regular trading on the New York Stock Exchange ("NYSE"), normally 4:00 p.m. Eastern time, on each day the NYSE is open for trading. If the NYSE closes early on a valuation day, the NAV is determined as of that time. Each Fund's NAV is calculated by dividing the value of all assets of each Fund (including accrued interest and dividends), less all liabilities (including accrued expenses and dividends declared but unpaid), by the total number of shares outstanding.

Each Fund's investments are valued daily at market value or, in the absence of market value with respect to any portfolio securities, at fair value. Market value prices represent readily available market quotations such as last sale or official closing prices from a national

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

or foreign exchange (i.e., a regulated market) and are primarily obtained from third-party pricing services. Fair value prices represent any prices not considered market value prices and are either obtained from a third-party pricing service or are determined by the Pricing Committee of the Funds' investment advisor, First Trust Advisors L.P. ("First Trust" or the "Advisor"), in accordance with valuation procedures approved by the Trust's Board of Trustees, and in accordance with provisions of the 1940 Act and rules thereunder. Investments valued by the Advisor's Pricing Committee, if any, are footnoted as such in the footnotes to the Portfolio of Investments. Each Fund's investments are valued as follows:

Common stocks and other equity securities listed on any national or foreign exchange (excluding Nasdaq and the London Stock Exchange Alternative Investment Market ("AIM")) are valued at the last sale price on the exchange on which they are principally traded or, for Nasdaq and AIM securities, the official closing price. Securities traded on more than one securities exchange are valued at the last sale price or official closing price, as applicable, at the close of the securities exchange representing the primary exchange for such securities.

Shares of open-end funds are valued based on NAV per share.

Equity securities traded in an over-the-counter market are valued at the close price or the last trade price.

Exchange-traded options contracts are valued at the closing price in the market where such contracts are principally traded. If no closing price is available, exchange-traded options contracts are valued at the mean of their most recent bid and ask price, if both are available. Options contracts traded in the over-the-counter market may be valued as follows, depending on the market in which the investment trades: (1) the mean of the most recent bid and ask price, if available; or (2) a price based on the equivalent exchange-traded option.

Certain securities may not be able to be priced by pre-established pricing methods. Such securities may be valued by the Advisor's Pricing Committee at fair value. These securities generally include, but are not limited to, restricted securities (securities which may not be publicly sold without registration under the Securities Act of 1933, as amended) for which a third-party pricing service is unable to provide a market price; securities whose trading has been formally suspended; a security whose market or fair value price is not available from a pre-established pricing source; a security with respect to which an event has occurred that is likely to materially affect the value of the security after the market has closed but before the calculation of a Fund's NAV or make it difficult or impossible to obtain a reliable market quotation; and a security whose price, as provided by the third-party pricing service, does not reflect the security's fair value. As a general principle, the current fair value of a security would appear to be the amount which the owner might reasonably expect to receive for the security upon its current sale. When fair value prices are used, generally they will differ from market quotations or official closing prices on the applicable exchanges. A variety of factors may be considered in determining the fair value of such securities, including, but not limited to, the following:

1)

the last sale price on the exchange on which they are principally traded or, for Nasdaq and AIM securities, the official closing price;

2)

the type of security;

3)

the size of the holding;

4)

the initial cost of the security;

5)

transactions in comparable securities;

6)

price quotes from dealers and/or third-party pricing services;

7)

relationships among various securities;

8)

information obtained by contacting the issuer, analysts, or the appropriate stock exchange;

9)

an analysis of the issuer's financial statements;

10)

the existence of merger proposals or tender offers that might affect the value of the security; and

11)

other relevant factors.

In addition, differences between the prices used to calculate a Fund's NAV and the prices used by such Fund's corresponding index could result in a difference between a Fund's performance and the performance of its underlying index.

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:

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Level 1 inputs are quoted prices in active markets for identical investments. An active market is a market in which transactions for the investment occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Level 2 inputs are observable inputs, either directly or indirectly, and include the following:

o Quoted prices for similar investments in active markets.

o Quoted prices for identical or similar investments in markets that are non-active. A non-active market is a market where there are few transactions for the investment, the prices are not current, or price quotations vary substantially either over time or among market makers, or in which little information is released publicly.

o Inputs other than quoted prices that are observable for the investment (for example, interest rates and yield curves observable at commonly quoted intervals, volatilities, prepayment speeds, loss severities, credit risks, and default rates).

o Inputs that are derived principally from or corroborated by observable market data by correlation or other means.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Level 3 inputs are unobservable inputs. Unobservable inputs 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. A summary of the inputs used to value each Fund's investments as of December 31, 2025, is included with each Fund's Portfolio of Investments.

**B. Securities Transactions and Investment Income** 

Securities transactions are recorded as of the trade date. Realized gains and losses from securities transactions are recorded on the identified cost basis. Dividend income is recorded on the ex-dividend date. Interest income, if any, is recorded on the accrual basis.

Withholding taxes and tax reclaims on foreign dividends have been provided for in accordance with each Fund's understanding of the applicable country's tax rules and rates.

Distributions received from a Fund's investments in real estate investment trusts ("REITs") may be comprised of return of capital, capital gains, and income. The actual character of the amounts received during the year are not known until after the REITs' fiscal year end. A Fund records the character of distributions received from the REITs during the year based on estimates available. The characterization of distributions received by a Fund may be subsequently revised based on information received from the REITs after their tax reporting periods conclude.

**C. Options Contracts** 

FTHI and FTQI are subject to equity price risk in the normal course of pursuing their investment objectives. FTHI may write (sell) U.S. exchange-traded call options on the S&P 500<sup>®</sup> and FTQI may write (sell) U.S. exchange-traded call options on the Nasdaq-100<sup>®</sup>, to hedge against changes in the value of equities. Additionally, these two Funds seek to generate additional income, in the form of premiums received, from writing (selling) the options. FTHI may write (sell) call options or put options and FTQI may write (sell) call options ("options") on all or a portion of the equity securities held in their respective portfolios and on securities indices in their respective portfolios as determined to be appropriate by the Advisor, consistent with their investment objectives. Options on securities indices are designed to reflect price fluctuations in a group of securities or segment of the securities market rather than price fluctuations in a single security and are similar to options on single securities, except that the exercise of securities index options requires cash settlement payments and does not involve the actual purchase or sale of securities. When a Fund writes (sells) an option, an amount equal to the premium received by the Fund is included in "Options written, at value" on the Statements of Assets and Liabilities. Options are marked-to-market daily and their value will be affected by changes in the value and dividend rates of the underlying equity securities, changes in interest rates, changes in the actual or perceived volatility of the securities markets and the underlying equity securities and the remaining time to the options' expiration. The value of options may also be adversely affected if the market for the options becomes less liquid or trading volume diminishes.

Options written (sold) by FTHI and FTQI will either be exercised, expire, or be canceled pursuant to a closing transaction. If an index option written (sold) by either of these two Funds is exercised, the Fund would be obligated to deliver cash equal to the difference between the closing price of the stock index and the exercise price of the option expressed in dollars times a specified multiple. If the price of the index is less than the option's strike price, the index option will likely expire without being exercised. In the case of a stock option, if the price of the underlying equity security exceeds the option's exercise price, it is likely that the option holder will exercise the option. In this case, the option premium received by the Fund will be added to the amount realized on the sale of the underlying security for purposes of determining gain or loss. If the price of the underlying equity security is less than the option's

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

strike price, the option will likely expire without being exercised. The option premium received by each Fund will, in this case, be treated as short-term capital gain on the expiration date of the option. Gain or loss on options is presented separately as "Net realized gain (loss) on written options contracts" on the Statements of Operations.

The index options that FTHI and FTQI write (sell) give the option holder the right, but not the obligation, to receive an amount of cash based on the difference between the closing level of the stock index and the exercise price on or prior to the option's expiration date. The stock options that FTHI and FTQI write (sell) give the option holder the right, but not the obligation, to purchase securities from each Fund at the strike price on or prior to the option's expiration date. The ability to successfully implement the writing (selling) of call or put options depends on the ability of the Advisor to predict pertinent market movements, which cannot be assured. As the writer (seller) of a call option, FTHI and FTQI forego, during the option's life, the opportunity to profit from increases in the market value of the security covering the option above the sum of the premium and the strike price of the option, but has retained the risk of loss should the price of the underlying security decline. The writer (seller) of an option has no control over the time when it may be required to fulfill its obligation as a writer (seller) of the option. Once an option writer (seller) has received an exercise notice, it cannot effect a closing purchase transaction in order to terminate its obligation under the option and must deliver the underlying security to the option holder at the exercise price.

Restricted cash segregated as collateral for options contracts in the amount of $365,166 and $194,652 for FTHI and FTQI, respectively, is shown as "Cash segregated as collateral" on the Statements of Assets and Liabilities.

**D. Dividends and Distributions to Shareholders**

Dividends from net investment income of each Fund, if any, are declared and paid monthly, or as the Board of Trustees may determine from time to time. Distributions of net realized capital gains earned by each Fund, if any, are distributed at least annually. Each Fund may also designate a portion of the amount paid to redeeming shareholders as a distribution for tax purposes.

Distributions from net investment income and realized capital gains are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP. Certain capital accounts in the financial statements are periodically adjusted for permanent differences in order to reflect their tax character. These permanent differences are primarily due to the varying treatment of income and gain/loss on portfolio securities held by the Funds and have no impact on net assets or NAV per share. Temporary differences, which arise from recognizing certain items of income, expense and gain/loss in different periods for financial statement and tax purposes, will reverse at some time in the future.

The tax character of distributions paid by each Fund during the fiscal year ended December 31, 2025 were as follows:

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

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| | | | |
|:---|:---|:---|:---|
|  | Distributions <br>paid from <br>Ordinary <br>Income<br>| Distributions <br>paid from <br>Capital <br>Gains<br>| Distributions <br>paid from <br>Return of <br>Capital<br>|
| First Trust BuyWrite Income ETF | $13249175 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $115160058 |
| First Trust Nasdaq BuyWrite Income ETF | 1103658 | &nbsp;&nbsp; — | &nbsp;&nbsp; 76522147 |

---

The tax character of distributions paid by each Fund during the fiscal period ended December 31, 2024 were as follows:

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

---

| | | | |
|:---|:---|:---|:---|
|  | Distributions <br>paid from <br>Ordinary <br>Income<br>| Distributions <br>paid from <br>Capital <br>Gains<br>| Distributions <br>paid from <br>Return of <br>Capital<br>|
| First Trust BuyWrite Income ETF | $2351353 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $19960935 |
| First Trust Nasdaq BuyWrite Income ETF | 288687 | &nbsp;&nbsp; — | &nbsp;&nbsp; 14419714 |

---

The tax character of distributions paid by each Fund during the fiscal year ended September 30, 2024 were as follows:

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

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| | | | |
|:---|:---|:---|:---|
|  | Distributions <br>paid from <br>Ordinary <br>Income<br>| Distributions <br>paid from <br>Capital <br>Gains<br>| Distributions <br>paid from <br>Return of <br>Capital<br>|
| First Trust BuyWrite Income ETF | $6887459 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $43515988 |

---

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

---

| | | | |
|:---|:---|:---|:---|
|  | Distributions<br> paid from<br> Ordinary<br> Income<br>| Distributions<br> paid from<br> Capital<br> Gains<br>| Distributions<br> paid from<br> Return of<br> Capital<br>|
| First Trust Nasdaq BuyWrite Income ETF | $1190657 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $30278448 |

---

As of December 31, 2025, the components of distributable earnings on a tax basis for each Fund were as follows:

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

---

| | | | |
|:---|:---|:---|:---|
|  | Undistributed <br>Ordinary <br>Income<br>| Accumulated <br>Capital and <br>Other <br>Gain (Loss)<br>| Net <br>Unrealized <br>Appreciation <br>(Depreciation)<br>|
| First Trust BuyWrite Income ETF | $— | &nbsp;&nbsp; $(189423840)<br>| &nbsp;&nbsp; $370775451 |
| First Trust Nasdaq BuyWrite Income ETF |  | &nbsp;&nbsp; (92082880)<br>| &nbsp;&nbsp; 160153992 |

---

**E. Income Taxes**

Each Fund intends to continue to qualify as a regulated investment company by complying with the requirements under Subchapter M of the Internal Revenue Code of 1986, as amended, which includes distributing substantially all of its net investment income and net realized gains to shareholders. Accordingly, no provision has been made for federal and state income taxes. However, due to the timing and amount of distributions, each Fund may be subject to an excise tax of 4% of the amount by which approximately 98% of each Fund's taxable income exceeds the distributions from such taxable income for the calendar year.

The Funds are subject to accounting standards that establish a minimum threshold for recognizing, and a system for measuring, the benefits of a tax position taken or expected to be taken in a tax return. The taxable period ended December 31, 2024 and the taxable years ended December 31, 2025 and September 30, 2022, 2023, and 2024 remain open to federal and state audit. As of December 31, 2025, management has evaluated the application of these standards to the Funds and has determined that no provision for income tax is required in the Funds' financial statements for uncertain tax positions.

Each Fund intends to utilize provisions of the federal income tax laws, which allow it to carry a realized capital loss forward indefinitely following the year of the loss and offset such loss against any future realized capital gains. Each Fund is subject to certain limitations under U.S. tax rules on the use of capital loss carryforwards and net unrealized built-in losses. These limitations apply when there has been a 50% change in ownership. At December 31, 2025, for federal income tax purposes, each applicable Fund had a capital loss carryforward available that is shown in the following table, to the extent provided by regulations, to offset future capital gains. To the extent that these loss carryforwards are used to offset future capital gains, it is probable that the capital gains so offset will not be distributed to each applicable Fund's shareholders.

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

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| | |
|:---|:---|
|  | Non-Expiring <br>Capital Loss <br>Carryforwards<br>|
| First Trust BuyWrite Income ETF | $189423840 |
| First Trust Nasdaq BuyWrite Income ETF | 92082880 |

---

Certain losses realized during the current fiscal year may be deferred and treated as occurring on the first day of the following fiscal year for federal income tax purposes. For the fiscal year ended December 31, 2025, the Funds had no net late year ordinary or capital losses.

In order to present paid-in capital and accumulated distributable earnings (loss) (which consists of accumulated net investment income (loss), accumulated net realized gain (loss) on investments and net unrealized appreciation (depreciation) on investments) on the Statements of Assets and Liabilities that more closely represent their tax character, certain adjustments have been made to paid-in capital, accumulated net investment income (loss) and accumulated net realized gain (loss) on investments. These adjustments are primarily due to the difference between book and tax treatments of income and gains on various investment securities held by the Funds and in-kind transactions. The results of operations and net assets were not affected by these adjustments. For the fiscal year ended December 31, 2025, the adjustments for each Fund were as follows:

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

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

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| | | | |
|:---|:---|:---|:---|
|  | Accumulated <br>Net Investment <br>Income (Loss)<br>| Accumulated <br>Net Realized <br>Gain (Loss) <br>on Investments<br>| Paid-In <br>Capital<br>|
| First Trust BuyWrite Income ETF | $631243 | &nbsp;&nbsp; $(64003976)<br>| &nbsp;&nbsp; $63372733 |
| First Trust Nasdaq BuyWrite Income ETF | 229811 | &nbsp;&nbsp; (66327189)<br>| &nbsp;&nbsp; 66097378 |

---

As of December 31, 2025, the aggregate cost, gross unrealized appreciation, gross unrealized depreciation, and net unrealized appreciation/(depreciation) on investments (including short positions and derivatives, if any) for federal income tax purposes were as follows:

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

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| | | | | |
|:---|:---|:---|:---|:---|
|  | Tax Cost | Gross <br> Unrealized <br>Appreciation<br>| Gross <br> Unrealized <br>(Depreciation)<br>| Net Unrealized <br>Appreciation <br>(Depreciation)<br>|
| First Trust BuyWrite Income ETF | $1495598567 | &nbsp;&nbsp; $388021830 | &nbsp;&nbsp; $(17246581)<br>| &nbsp;&nbsp; $370775249 |
| First Trust Nasdaq BuyWrite Income ETF | 605396286 | &nbsp;&nbsp; 167605982 | &nbsp;&nbsp; (7451990)<br>| &nbsp;&nbsp; 160153992 |

---

**F. Expenses**

Expenses, other than the investment advisory fee and other excluded expenses, are paid by the Advisor (see Note 3).

**G. Segment Reporting**

An operating segment is defined in FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures as a component of a public entity that engages in business activities from which it may recognize revenues and incur expenses, has operating results that are regularly reviewed by the public entity's chief operating decision maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance, and has discrete financial information available. The CODM is the President and Chief Executive Officer of each Fund. Each Fund operates as a single operating segment. Each Fund's income, expenses, assets, changes in net assets resulting from operations and performance are regularly monitored and assessed as a whole by the CODM responsible for oversight functions of each Fund, using the information presented in the financial statements and financial highlights.

**3. Investment Advisory Fee, Affiliated Transactions and Other Fee Arrangements**

First Trust, the investment advisor to the Funds, is a limited partnership with one limited partner, Grace Partners of DuPage L.P., and one general partner, The Charger Corporation. The Charger Corporation is an Illinois corporation controlled by James A. Bowen, Chief Executive Officer of First Trust. First Trust is responsible for the selection and ongoing monitoring of the securities in each Fund's portfolio, managing the Funds' business affairs and providing certain administrative services necessary for the management of the Funds.

Pursuant to the Investment Management Agreement between the Trust and the Advisor, First Trust manages the investment of each Fund's assets and is responsible for the expenses of each Fund, including the cost of transfer agency, custody, fund administration, legal, audit, license fees and other services, but excluding fee payments under the Investment Management Agreement, interest, taxes, if any, brokerage commissions and other expenses connected with the execution of portfolio transactions, distribution and service fees payable pursuant to a Rule 12b-1 plan, if any, acquired fund fees and expenses, and extraordinary expenses, which are paid by each respective Fund. The annual unitary management fee payable by each Fund to First Trust for these services will be reduced at certain levels of each Fund's net assets ("breakpoints") and calculated pursuant to the following schedule:

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

---

| | |
|:---|:---|
| Breakpoints |  |
| Fund net assets up to and including $2.5 billion | 0.75000<br> %<br>|
| Fund net assets greater than $2.5 billion up to and including $5 billion | 0.73125<br> %<br>|
| Fund net assets greater than $5 billion up to and including $7.5 billion | 0.71250<br> %<br>|
| Fund net assets greater than $7.5 billion up to and including $10 billion | 0.69375<br> %<br>|
| Fund net assets greater than $10 billion | 0.67500<br> %<br>|

---

The Trust has multiple service agreements with The Bank of New York Mellon ("BNY"). Under the service agreements, BNY performs custodial, fund accounting, certain administrative services, and transfer agency services for each Fund. As custodian, BNY is responsible for custody of each Fund's assets. As fund accountant and administrator, BNY is responsible for maintaining the books

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

and records of each Fund's securities and cash. As transfer agent, BNY is responsible for maintaining shareholder records for each Fund. BNY is a subsidiary of The Bank of New York Mellon Corporation, a financial holding company.

Each Trustee who is not an officer or employee of First Trust, any sub-advisor or any of their affiliates ("Independent Trustees") is paid a fixed annual retainer that is allocated equally among each fund in the First Trust Fund Complex. Each Independent Trustee is also paid an annual per fund fee that varies based on whether the fund is a closed-end or other actively managed fund, a target outcome fund or an index fund.

Additionally, the Chairs of the Audit Committee, Nominating and Governance Committee and Valuation, Risk and Regulatory Oversight Committee, the Vice Chair of the Audit Committee, the Lead Independent Trustee and the Vice Lead Independent Trustee are paid annual fees to serve in such capacities, with such compensation allocated pro rata among each fund in the First Trust Fund Complex based on net assets. Independent Trustees are reimbursed for travel and out-of-pocket expenses in connection with all meetings. The officers and "Interested" Trustee receive no compensation from the Trust for acting in such capacities.

**4. Purchases and Sales of Securities** 

For the fiscal year ended December 31, 2025, the cost of purchases and proceeds from sales of investments for each Fund, excluding short-term investments and in-kind transactions, were as follows:

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

---

| | | |
|:---|:---|:---|
|  | Purchases | Sales |
| First Trust BuyWrite Income ETF | $831597298 | &nbsp;&nbsp; $1011579710 |
| First Trust Nasdaq BuyWrite Income ETF | 384091424 | &nbsp;&nbsp; 497021501 |

---

For the fiscal year ended December 31, 2025, the cost of in-kind purchases and proceeds from in-kind sales for each Fund were as follows:

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

---

| | | |
|:---|:---|:---|
|  | Purchases | Sales |
| First Trust BuyWrite Income ETF | $937463312 | &nbsp;&nbsp; $180474970 |
| First Trust Nasdaq BuyWrite Income ETF | 409455657 | &nbsp;&nbsp; 194169541 |

---

**5. Derivative Transactions** 

The following table presents the types of derivatives held by each Fund at December 31, 2025, the primary underlying risk exposure and the location of these instruments as presented on the Statements of Assets and Liabilities.

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

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | **Asset Derivatives** | **Asset Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| **Derivative** <br>**Instrument**<br>| **Risk** <br>**Exposure**<br>| **Statements of Assets and** <br>**Liabilities Location**<br>| **Value** | **Statements of Assets and** <br>**Liabilities Location**<br>| **Value** |
| **FTHI** |  |  |  |  |  |
| Options contracts | Equity Risk | &nbsp;&nbsp; Options contracts <br> purchased, at value<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; Options contracts written, <br> at value<br>| &nbsp;&nbsp; $23349270 |
| **FTQI** |  |  |  |  |  |
| Options contracts | Equity Risk | &nbsp;&nbsp; Options contracts <br> purchased, at value<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; Options contracts written, <br> at value<br>| &nbsp;&nbsp; 9905070 |

---

The following table presents the amount of net realized gain (loss) and change in net unrealized appreciation (depreciation) recognized for the fiscal year ended December 31, 2025, on each Fund's derivative instruments, as well as the primary underlying risk exposure associated with the instruments.

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

---

| | | |
|:---|:---|:---|
| **Statements of Operations Location** | **FTHI**  | **FTQI**  |
| **Equity Risk Exposure** |  |  |
| Net realized gain (loss) on written options <br> contracts<br>| $(45892484)<br>| &nbsp;&nbsp; $(32108449)<br>|
| Net change in unrealized appreciation <br> (depreciation) on written options contracts<br>| (9914299)<br>| &nbsp;&nbsp; (2983111)<br>|

---

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

During the fiscal year ended December 31, 2025, for FTHI, the premiums for written options contracts opened were $155,977,164 and the premiums for written options contracts closed, exercised and expired were $145,306,763.

During the fiscal year ended December 31, 2025, for FTQI, the premiums for written options contracts opened were $100,811,794 and the premiums for written options contracts closed, exercised and expired were $96,502,785.

FTHI and FTQI do not have the right to offset on financial assets and financial liabilities related to options contracts on the Statements of Assets and Liabilities.

**6. Creations, Redemptions and Transaction Fees**

Each Fund generally issues and redeems its shares in primary market transactions through a creation and redemption mechanism and does not sell or redeem individual shares. Instead, financial entities known as "Authorized Participants" have contractual arrangements with a Fund or one of the Fund's service providers to purchase and redeem Fund shares directly with the Fund in Creation Units. Prior to the start of trading on every business day, a Fund publishes through the National Securities Clearing Corporation the "basket" of securities, cash or other assets that it will accept in exchange for a Creation Unit of the Fund's shares. An Authorized Participant that wishes to effectuate a creation of a Fund's shares deposits with the Fund the "basket" of securities, cash or other assets identified by the Fund that day, and then receives the Creation Unit of the Fund's shares in return for those assets. After purchasing a Creation Unit, the Authorized Participant may continue to hold the Fund's shares or sell them in the secondary market. The redemption process is the reverse of the purchase process: the Authorized Participant redeems a Creation Unit of a Fund's shares for a basket of securities, cash or other assets. The combination of the creation and redemption process with secondary market trading in a Fund's shares and underlying securities provides arbitrage opportunities that are designed to help keep the market price of a Fund's shares at or close to the NAV per share of the Fund.

Each Fund imposes fees in connection with the purchase of Creation Units. These fees may vary based upon various fact-based circumstances, including, but not limited to, the composition of the securities included in the Creation Unit or the countries in which the transactions are settled. The price for each Creation Unit will equal the daily NAV per share of a Fund times the number of shares in a Creation Unit, plus the fees described above and, if applicable, any operational processing and brokerage costs, transfer fees, stamp taxes and part or all of the spread between the expected bid and offer side of the market related to the securities comprising the creation basket.

Each Fund also imposes fees in connection with the redemption of Creation Units. These fees may vary based upon various fact-based circumstances, including, but not limited to, the composition of the securities included in the Creation Unit or the countries in which the transactions are settled. The price received for each Creation Unit will equal the daily NAV per share of a Fund times the number of shares in a Creation Unit, minus the fees described above and, if applicable, any operational processing and brokerage costs, transfer fees, stamp taxes and part or all of the spread between the expected bid and offer side of the market related to the securities comprising the redemption basket. Investors who use the services of a broker or other such intermediary in addition to an Authorized Participant to effect a redemption of a Creation Unit may also be assessed an amount to cover the cost of such services. The redemption fee charged by a Fund will comply with Rule 22c-2 of the 1940 Act which limits redemption fees to no more than 2% of the value of the shares redeemed.

**7. Distribution Plan** 

The Board of Trustees adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the 1940 Act. In accordance with the Rule 12b-1 plan, the Funds are authorized to pay an amount up to 0.25% of their average daily net assets each year to reimburse First Trust Portfolios L.P. ("FTP"), the distributor of the Funds, for amounts expended to finance activities primarily intended to result in the sale of Creation Units or the provision of investor services. FTP may also use this amount to compensate securities dealers or other persons that are Authorized Participants for providing distribution assistance, including broker-dealer and shareholder support and educational and promotional services.

No 12b-1 fees are currently paid by the Funds, and pursuant to a contractual arrangement, no 12b-1 fees will be paid any time before April 30, 2027.

------

**Notes to Financial Statements (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025**

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

**8. Indemnification**

The Trust, on behalf of the Funds, has a variety of indemnification obligations under contracts with its service providers. The Trust's maximum exposure under these arrangements is unknown. However, the Trust has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

**9. Subsequent Events**

Management has evaluated the impact of all subsequent events on the Funds through the date the financial statements were issued and has determined that there were no subsequent events requiring recognition or disclosure in the financial statements that have not already been disclosed.

------

**Report of Independent Registered Public Accounting Firm**

**To the Shareholders and the Board of Trustees of First Trust Exchange-Traded Fund VI:**

**Opinion on the Financial Statements and Financial Highlights**

We have audited the accompanying statements of assets and liabilities of First Trust BuyWrite Income ETF and First Trust Nasdaq BuyWrite Income ETF (the "Funds"), each a series of the First Trust Exchange-Traded Fund VI, including the portfolios of investments, as of December 31, 2025, the related statements of operations for the year then ended, statements of changes in net assets for the year ended December 31, 2025, the period from October 1, 2024, through December 31, 2024, and for the year ended September 30, 2024, financial highlights for the year ended December 31, 2025, the period from October 1, 2024, through December 31, 2024, and for the years ended September 30, 2024, 2023, 2022, and 2021, and the related notes (collectively referred to as the "financial statements and financial highlights"). In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of each of the Funds as of December 31, 2025, and the results of their operations for the year then ended, the changes in their net assets for the year then ended, the period from October 1, 2024, through December 31, 2024, and for the year ended September 30, 2024, and the financial highlights for the year ended December 31, 2025, the period from October 1, 2024, through December 31, 2024, and for the years ended September 30, 2024, 2023, 2022, and 2021, in conformity with accounting principles generally accepted in the United States of America.

**Basis for Opinion**

These financial statements and financial highlights are the responsibility of the Funds' management. Our responsibility is to express an opinion on the Funds' financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Funds are not required to have, nor were we engaged to perform, an audit of their internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities owned as of December 31, 2025, by correspondence with the custodian and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte & Touche, LLP

Chicago, Illinois

February 24, 2026

We have served as the auditor of one or more First Trust investment companies since 2001.

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**Other Information**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025 (Unaudited)**

**Changes in and Disagreements with Accountants (Item 8 of Form N-CSR)**

There were no changes in or disagreements with the Funds' accountants during the fiscal year ended December 31, 2025.

**Proxy Disclosures (Item 9 of Form N-CSR)**

At a special meeting of shareholders of First Trust Exchange-Traded Fund VI (the "Trust") that was held on August 12, 2025 (the "Special Meeting"), shareholders of record as of June 9, 2025 (the "Record Date") approved a proposal (the "Proposal") to elect or re-elect, as applicable, each of the eight nominees listed below to the Board of Trustees of the Trust (the "Board"). Shareholders of each series of the Trust that had publicly offered shares as of the Record Date (each, a "fund") voted together with shareholders of the other funds on the Proposal, and the results are set forth below. There were no broker non-votes.

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

---

| | |
|:---|:---|
| James A. Bowen\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 651722898 <br>5064462<br>|
| Thomas J. Driscoll\*\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 651998702 <br>4788658<br>|
| Richard E. Erickson\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643054997 <br>13732363<br>|
| Thomas R. Kadlec\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643100488 <br>13686872<br>|
| Denise M. Keefe\*\*\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 651736288 <br>5051072<br>|
| Robert F. Keith\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643383276 <br>13404084<br>|
| Niel B. Nielson\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643178094 <br>13609266<br>|
| Bronwyn Wright\*\*\* <br>Votes For <br>Votes Withheld<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 412521907 <br>244265453<br>|

---

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

\* This nominee was re-elected to the Board at the Special Meeting.

\*\* This nominee was elected to the Board as a new Trustee at the Special Meeting.

\*\*\* This nominee was elected to the Board at the Special Meeting and had previously been appointed to the Board.

**Remuneration Paid to Directors, Officers, and Others (Item 10 of Form N-CSR)**

Independent Trustees of each Fund are compensated through the unitary management fee paid by each Fund to the advisor and not directly by each Fund. The investment advisory fee paid is included in the Statements of Operations.

**Statement Regarding the Basis for the Board's Approval of Investment Advisory Contract (Item 11 of Form N-CSR)**

Not applicable for the most recent fiscal half year.

**Remuneration Disclosure Under the Alternative Investment Fund Managers Directive**

First Trust Advisors L.P. ("First Trust") is authorised and regulated by the U.S. Securities and Exchange Commission and is entitled to market shares of certain First Trust Exchange-Traded Fund VI funds it manages (the "Funds") in certain member states in the European Economic Area in accordance with the cooperation arrangements in Article 42 of the Alternative Investment Fund Managers

------

**Other Information (Continued)**

**First Trust Exchange-Traded Fund VI**

**December 31, 2025 (Unaudited)**

Directive (the "Directive"). First Trust is required under the Directive to make disclosures in respect of remuneration. The following disclosures are made in line with First Trust's interpretation of currently available regulatory guidance on remuneration disclosures.

During the year ended December 31, 2025, the amount of remuneration paid (or to be paid) by First Trust Advisors L.P. in respect of the Funds is $3,029,148. This figure is comprised of $135,644 paid (or to be paid) in fixed compensation and $2,893,504 paid (or to be paid) in variable compensation. There were a total of 25 beneficiaries of the remuneration described above. Those amounts include $484,081 paid (or to be paid) to senior management of First Trust Advisors L.P. and $2,545,067 paid (or to be paid) to other employees whose professional activities have a material impact on the risk profiles of First Trust Advisors L.P. or the Funds (collectively, "Code Staff").

Code Staff included in the aggregated figures disclosed above are rewarded in line with First Trust's remuneration policy (the "Remuneration Policy") which is determined and implemented by First Trust's senior management. The Remuneration Policy reflects First Trust's ethos of good governance and encapsulates the following principal objectives:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. to provide a clear link between remuneration and performance of First Trust and to avoid rewarding for failure;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. to promote sound and effective risk management consistent with the risk profiles of the funds managed by First Trust; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. to remunerate staff in line with the business strategy, objectives, values and interests of First Trust and the funds managed by First Trust in a manner that avoids conflicts of interest.

First Trust assesses various risk factors which it is exposed to when considering and implementing remuneration for Code Staff and considers whether any potential award to such person(s) would give rise to a conflict of interest. First Trust does not reward failure, or consider the taking of risk or failure to take risk in its remuneration of Code Staff.

First Trust assesses performance for the purposes of determining payments in respect of performance-related remuneration of Code Staff by reference to a broad range of measures including (i) individual performance (using financial and non-financial criteria), and (ii) the overall performance of First Trust. Remuneration is not based upon the performance of the Funds.

The elements of remuneration are balanced between fixed and variable and the senior management sets fixed salaries at a level sufficient to ensure that variable remuneration incentivises and rewards strong individual performance but does not encourage excessive risk taking.

No individual is involved in setting his or her own remuneration.

**Federal Tax Information**

For the taxable year ended December 31, 2025, the following percentages of income dividends paid by the Funds qualify for the dividends received deduction available to corporations:

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

---

| | |
|:---|:---|
|  | Dividends Received <br>Deduction<br>|
| First Trust BuyWrite Income ETF | 100.00<br> %<br>|
| First Trust Nasdaq BuyWrite Income ETF | 100.00<br> %<br>|

---

For the taxable year ended December 31, 2025, the following percentages of income dividends paid by the Funds are hereby designated as qualified dividend income:

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

---

| | |
|:---|:---|
|  | Qualified Dividend <br>Income<br>|
| First Trust BuyWrite Income ETF | 100.00<br> %<br>|
| First Trust Nasdaq BuyWrite Income ETF | 100.00<br> %<br>|

---

A portion of each of the Funds' 2025 ordinary dividends (including short-term capital gains) paid to its shareholders during the fiscal year ended December 31, 2025, may be eligible for the Qualified Business Income (QBI) Deduction under the Internal Revenue Code of 1986, as amended, Section 199A for the aggregate dividends each Fund received from the underlying Real Estate Investment Trusts (REITs) these Funds invest in.

------

(b) The Financial Highlights is included in the Financial Statements and Other Information filed under Item 7(a) of this Form N-CSR.

**Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.**

This information is included in the Financial Statements and Other Information filed under Item 7(a) of this Form N-CSR.

**Item 9. Proxy Disclosures for Open-End Management Investment Companies.**

This information is included in the Financial Statements and Other Information filed under Item 7(a) of this Form N-CSR.

**Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.**

This information is included in the Financial Statements and Other Information filed under Item 7(a) of this Form N-CSR.

**Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.**

This information is included in the Financial Statements and Other Information filed under Item 7(a) of this Form N-CSR.

**Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.**

Not applicable to the Registrant.

**Item 13. Portfolio Managers of Closed-End Management Investment Companies.**

Not applicable to the Registrant.

**Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.**

Not applicable to the Registrant.

**Item 15. Submission of Matters to a Vote of Security Holders.**

There have been no material changes to the procedures by which the shareholders may recommend nominees to the Registrant's board of directors, where those changes were implemented after the Registrant last provided disclosure in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (17 CFR 229.407) (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)), or this Item.

**Item 16. Controls and Procedures.**

(a) The Registrant's principal executive and principal financial officers,
 or persons performing similar functions, have concluded that the Registrant's disclosure controls and procedures (as defined in
 Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective,
 as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation
 of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under
 the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)).

(b) There were no changes in the Registrant's internal control over financial
 reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report
 that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over financial reporting.

**Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.** 

(a) Not applicable to the Registrant.

(b) Not applicable to the Registrant.

**Item 18. Recovery of Erroneously Awarded Compensation.**

(a) Not applicable to the Registrant.

(b) Not applicable to the Registrant.

**Item 19. Exhibits.**

(a)(1) [Code of ethics, or any amendment thereto, that is the subject of disclosure required by Item 2 is attached hereto.](ethics.htm)

(a)(2) Not applicable to the Registrant.

(a)(3) [The certifications required by Rule 30a-2(a) under the 1940 Act and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.](certs_302.htm)

(a)(4) Not applicable to the Registrant.

(a)(5) Not applicable to the Registrant.

(b) [Certifications pursuant to Rule 30a-2(b) under the 1940 Act and Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto.](certs_906.htm)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(registrant) First Trust Exchange-Traded Fund VI

---

| | |
|:---|:---|
| By (Signature and Title)\* | &nbsp;&nbsp;&nbsp;/s/ James M. Dykas |
|  | &nbsp;&nbsp;&nbsp;James M. Dykas, President and Chief Executive Officer<br> (principal executive officer) |

---

Date: <u> March 9, 2026</u>

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By (Signature and Title)\* | &nbsp;&nbsp;&nbsp;/s/ James M. Dykas |
|  | &nbsp;&nbsp;&nbsp;James M. Dykas, President and Chief Executive Officer<br> (principal executive officer) |

---

Date: <u> March 9, 2026</u>

---

| | |
|:---|:---|
| By (Signature and Title)\* | &nbsp;&nbsp;&nbsp;/s/ Derek D. Maltbie |
|  | &nbsp;&nbsp;&nbsp;Derek D. Maltbie, Treasurer, Chief Financial Officer <br> and Chief Accounting Officer<br> (principal financial officer) |

---

Date: <u> March 9, 2026</u>

<sup>\*</sup> Print the name and title of each signing officer under his or her signature.

------

## Ex-99.Code

#### SENIOR FINANCIAL OFFICER<br> CODE OF CONDUCT
I. Introduction

This code of conduct is being adopted by the investment companies advised by First Trust Advisors L.P., from time to time, (the "FUNDS"). The reputation and integrity of the Funds are valuable assets that are vital to the Funds' success. Each officer of the Funds, and officers and employees of the investment adviser to the Funds who work on Fund matters, including each of the Funds' senior financial officers ("SFOS"), is responsible for conducting each Fund's business in a manner that demonstrates a commitment to the highest standards of integrity. SFOs include the Principal Executive Officer (who is the President), the Controller (who is the principal accounting officer), and the Treasurer (who is the principal financial officer), and any person who performs a similar function.

The Funds, First Trust Advisors L.P. and First Trust Portfolios have adopted Codes of Ethics under Rule 17j-1 under the Investment Company Act of 1940 (the "RULE 17J-1 CODE"). These Codes of Ethics are designed to prevent certain conflicts of interest that may arise when officers, employees, or directors of the Funds and the foregoing entities know about present or future Fund transactions and/or have the power to influence those transactions, and engage in transactions with respect to those same securities in their personal account(s) or otherwise take advantage of their position and knowledge with respect to those securities. In an effort to prevent these conflicts and in accordance with Rule 17j-1, the Funds adopted their Rule 17j-1 Code to prohibit transactions and conduct that create conflicts of interest, and to establish compliance procedures.

The Sarbanes-Oxley Act of 2002 was designed to address corporate malfeasance and to help assure investors that the companies in which they invest are accurately and completely disclosing financial information. Under Section 406 of the Act, all public companies (including the Funds) must either have a code of ethics for their SFOs, or disclose why they do not. The Act was intended to prevent future situations (such as occurred in well-reported situations involving such companies as Enron and WorldCom) where a company creates an environment in which employees are afraid to express their opinions or to question unethical and potentially illegal business practices.

The Funds have chosen to adopt a senior financial officer Code of Conduct to encourage their SFOs, and other Fund officers and employees of First Trust Advisors or First Trust Portfolios to act ethically and to question potentially unethical or illegal practices, and to strive to ensure that the Funds' financial disclosures are complete, accurate, and understandable.

II. Purposes of This Code of Conduct

The purposes of this Code are:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. To promote honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. To promote full, fair, accurate, timely, and understandable disclosure in reports and documents that the Funds file with, or submits to, the SEC and in other public communications the Funds make;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. To promote compliance with applicable governmental laws, rules and regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. To encourage the prompt internal reporting to an appropriate person of violations of the Code; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. To establish accountability for adherence to the Code.

III. Questions About This Code

The Funds' Boards of Trustees have designated W. Scott Jardine or other appropriate officer designated by the President of the respective Funds to be the Compliance Coordinator for the implementation and administration of the Code.

IV. Handling of Financial Information

The Funds have adopted guidelines under which its SFOs perform their duties. However, the Funds expect that all officers or employees of the adviser or distributor who participate in the preparation of any part of any Fund's financial statements follow these guidelines with respect to each Fund:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Act with honesty and integrity and avoid violations of this Code, including actual or apparent conflicts of interest with the Fund in personal and professional relationships.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Disclose to the Fund's Compliance Coordinator any material transaction or relationship that reasonably could be expected to give rise to any violations of the Code, including actual or apparent conflicts of interest with the Fund. You should disclose these transactions or relationships whether you are involved or have only observed the transaction or relationship. If it is not possible to disclose the matter to the Compliance Coordinator, it should be disclosed to the Fund's Principal Financial Officer or Principal Executive Officer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. Provide information to the Fund's other officers and appropriate employees of service providers (adviser, administrator, outside auditor, outside counsel, custodian, etc.) that is accurate, complete, objective, relevant, timely, and understandable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;D. Endeavor to ensure full, fair, timely, accurate, and understandable disclosure in the Fund's periodic reports.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E. Comply with the federal securities laws and other applicable laws and rules, such as the Internal Revenue Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;F. Act in good faith, responsibly, and with due care, competence and diligence, without misrepresenting material facts or allowing your independent judgment to be subordinated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;G. Respect the confidentiality of information acquired in the course of your work except when you have Fund approval to disclose it or where disclosure is otherwise legally mandated. You may not use confidential information acquired in the course of your work for personal advantage.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;H. Share and maintain skills important and relevant to the Fund's needs.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I. Proactively promote ethical behavior among peers in your work environment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J. Responsibly use and control all assets and resources employed or entrusted to you.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;K. Record or participate in the recording of entries in the Fund's books and records that are accurate to the best of your knowledge.

V. Waivers of This Code

SFOs and other parties subject to this Code may request a waiver of a provision of this Code (or certain provisions of the Fund's Rule 17j-1 Code) by submitting their request in writing to the Compliance Coordinator for appropriate review. An executive officer of the Fund or the Audit Committee will decide whether to grant a waiver. All waivers of this Code must be disclosed to the Fund's shareholders to the extent required by SEC rules. A good faith interpretation of the provisions of this Code, however, shall not constitute a waiver.

VI. Annual Certification

Each SFO will be asked to certify on an annual basis that he/she is in full compliance with the Code and any related policy statements.

VII. Reporting Suspected Violations

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. SFOs or other officers of the Funds or employees of the First Trust group who work on Fund matters who observe, learn of, or, in good faith, suspect a violation of the Code MUST immediately report the violation to the Compliance Coordinator, another member of the Funds' or First Trust's senior management, or to the Audit Committee of the Fund Board. An example of a possible Code violation is the preparation and filing of financial disclosure that omits material facts, or that is accurate but is written in a way that obscures its meaning.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Because service providers such as an administrator, outside accounting firm, and custodian provide much of the work relating to the Funds' financial statements, you should be alert for actions by service providers that may be illegal, or that could be viewed as dishonest or unethical conduct. You should report these actions to the Compliance Coordinator even if you know, or think, that the service provider has its own code of ethics for its SFOs or employees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. SFOs or other officers or employees who report violations or suspected violations in good faith will not be subject to retaliation of any kind. Reported violations will be investigated and addressed promptly and will be treated confidentially to the extent possible.

VIII. Violations of The Code

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. Dishonest, unethical or illegal conduct will constitute a violation of this Code, regardless of whether this Code specifically refers to that particular conduct. A violation of this Code may result in disciplinary action, up to and including termination of employment. A variety of laws apply to the Funds and their operations, including the Securities Act of 1933, the Investment Company Act of 1940, state laws relating to duties owed by Fund directors and officers, and criminal laws. The federal securities laws generally prohibit the Funds from making material misstatements in its prospectus and other documents filed with the SEC, or from omitting to state a material fact. These material misstatements and omissions include financial statements that are misleading or omit materials facts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. Examples of criminal violations of the law include stealing, embezzling, misapplying corporate or bank funds, making a payment for an expressed purpose on a Fund's behalf to an individual who intends to use it for a different purpose; or making payments, whether corporate or personal, of cash or other items of value that are intended to influence the judgment or actions of political candidates, government officials or businesses in connection with any of the Funds' activities. The Funds must and will report all suspected criminal violations to the appropriate authorities for possible prosecution, and will investigate, address and report, as appropriate, non-criminal violations.

Amended: June 1, 2009

## Ex-99.Cert

**Certification Pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 <br> of the Sarbanes-Oxley Act**

I, James M. Dykas, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of First Trust Exchange-Traded Fund VI;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact
or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included
in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash
flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented
in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officer(s) and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal
control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and
procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control
over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures
and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial
reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially
affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officer(s) and I have disclosed to the registrant's
auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal
control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize,
and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have
a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | March 9, 2026 | &nbsp;&nbsp;&nbsp;/s/ James M. Dykas |
|  |  | &nbsp;&nbsp;&nbsp;James M. Dykas, President and Chief Executive Officer<br> (principal executive officer) |

---

**Certification Pursuant to Rule 30a-2(a) under the 1940 Act and Section 302 <br> of the Sarbanes-Oxley Act**

I, Derek D. Maltbie, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of First Trust Exchange-Traded Fund VI;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact
or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included
in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash
flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented
in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officer(s) and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal
control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed such disclosure controls and procedures, or caused such disclosure controls and
procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed such internal control over financial reporting, or caused such internal control
over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures
and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed in this report any change in the registrant's internal control over financial
reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially
affect, the registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officer(s) and I have disclosed to the registrant's
auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All significant deficiencies and material weaknesses in the design or operation of internal
control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize,
and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any fraud, whether or not material, that involves management or other employees who have
a significant role in the registrant's internal control over financial reporting.

---

| | | |
|:---|:---|:---|
| Date: | March 9, 2026 | &nbsp;&nbsp;&nbsp;/s/ Derek D. Maltbie |
|  |  | &nbsp;&nbsp;&nbsp;Derek D. Maltbie, Treasurer, Chief Financial Officer <br> and Chief Accounting Officer<br> (principal financial officer) |

---

## Exhibit 99.906

**Certification Pursuant to Rule 30a-2(b) under the 1940 Act and Section 906 <br> of the Sarbanes-Oxley Act**

I, James M. Dykas, President and Chief Executive Officer of First Trust Exchange-Traded Fund VI (the "Registrant"), certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Form N-CSR of the Registrant (the "Report") fully complies with the requirements of Section
13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the financial condition
and results of operations of the Registrant.

---

| | | |
|:---|:---|:---|
| Date: | March 9, 2026 | &nbsp;&nbsp;&nbsp;/s/ James M. Dykas |
|  |  | &nbsp;&nbsp;&nbsp;James M. Dykas, President and Chief Executive Officer<br> (principal executive officer) |

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I, Derek D. Maltbie, Treasurer, Chief Financial Officer and Chief Accounting Officer of First Trust Exchange-Traded Fund VI (the "Registrant"), certify that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Form N-CSR of the Registrant (the "Report") fully complies with the requirements of Section
13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the financial condition
and results of operations of the Registrant.

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| | | |
|:---|:---|:---|
| Date: | March 9, 2026 | &nbsp;&nbsp;&nbsp;/s/ Derek D. Maltbie |
|  |  | &nbsp;&nbsp;&nbsp;Derek D. Maltbie, Treasurer, Chief Financial Officer <br> and Chief Accounting Officer<br> (principal financial officer) |

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