ETF Copilot
Equal Weight

Is AFMC a good investment?

Updated October 9, 2026

First Trust Active Factor Mid Cap ETF (AFMC) is a equal-weight ETF. As of October 9, 2026, ETF Copilot scores AFMC 4.4 out of 10 — highest on Return (6.2), lowest on Growth (2.9). It trades at 15.7 times earnings, against its own median of 14.9. Its ten largest holdings are 12% of the fund.

What stands out in AFMC's data

U.S. mid-cap equities with a value tilt, equal-weighted across holdings.

Trades at a discount to the typical mid-cap fund — you pay less for each dollar of earnings.

Its trailing EBITDA multiple of 10.7x sits below the category median of 14.8x and near its own historical median of 10.2x. Expense ratio 0.68%.

A value-oriented mid-cap allocation that buys earnings at a discount to the category.

How is AFMC rated? ETF Copilot scores First Trust Active Factor Mid Cap ETF (AFMC) 4.4 out of 10

As of October 9, 2026, ETF Copilot scores First Trust Active Factor Mid Cap ETF (AFMC) 4.4 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 4.4 / 10
  • Growth: 2.9 / 10
  • Value: 4.2 / 10
  • Risk: 5.5 / 10
  • Quality: 2.9 / 10
  • Return: 6.2 / 10

Is AFMC expensive right now? It trades at 15.7 times earnings, against its own median of 14.9

As of October 9, 2026, AFMC is more expensive than 65% of its own last 7 years.

Trailing 12 months, built from AFMC's holdings. How we calculate this →

What's inside AFMC? 20% Tech

What's inside AFMC: Size (Large 5%, Mid 78%, Small 18%); Geography (International 5%, US 95%); Tech 20.0%; AI 0.2%; Semiconductors 3.9%; Memory 0.6%.

What are AFMC's top holdings? The ten largest are 12% of the fund

Reliance, HF Sinclair, Matson, Borgwarner, Exelixis, Mueller Industries, Chord Energy, Renaissancere, Casey's General Stores and Affiliated Managers are AFMC's largest holdings, in that order.

Less concentrated than 65% of Equal Weight ETFs.

Half of AFMC's weight sits in its 64 largest positions, and once those weights are taken into account it behaves like 170 equally weighted holdings.

What is AFMC's expense ratio? 0.68% a year

As of October 9, 2026, AFMC charges 0.68% a year, yields 0.69% and holds $235M in assets across 267 positions.

First Trust Active Factor Mid Cap ETF (AFMC) — cost, income and size
MeasureAFMC
Expense ratio0.68%
Dividend yield0.69%
Assets under management$235M
Holdings267

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “First Trust Active Factor Mid Cap ETF (AFMC) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/afmc

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