First Trust Exchange-Traded Alphadex Fund
10/30/2026 | Press release | Distributed by Public on 10/30/2026 07:46
Prospectus by Investment Company (Form 497)
Filed pursuant to Rule 497(e)
Registration Nos. 333-140895 and 811-22019
First Trust Exchange-Traded Fund
First Trust Exchange-Traded Fund II
First Trust Exchange-Traded Fund VI
First Trust Exchange-traded alphadex® fund
First Trust Exchange-traded alphadex® fund II
(each, a "Trust")
Each of the Funds listed in Appendix A
(each, a "Fund")
Supplement To Each Fund's Prospectus, Summary Prospectus
and Statement of Additional Information
Dated October 30, 2026
Notwithstanding anything to the contrary in each Fund's Prospectus or Statement of Additional Information, Chris Fallow will serve as a portfolio manager for each Fund as part of the Investment Committee beginning on or about November 1, 2026.
Chris Fallow, CFA, is a Senior Vice President of First Trust Advisors L.P. and First Trust Portfolios L.P. Mr. Fallow graduated from Wheaton College in 2001 and joined First Trust in 2001. As head of First Trust's Advisory Oversight team, Mr. Fallow is responsible for overseeing the implementation of First Trust's actively managed investment strategies. Mr. Fallow holds the Chartered Financial Analyst designation.
As of September 30, 2026, Mr. Fallow owned shares of the following Funds:
| Fund Name: | Dollar Range of Equity Securities in the Fund: |
| First Trust Alerian Disruptive Technology Real Estate ETF | $1 - $10,000 |
| First Trust Indxx NextG ETF | $1 - $10,000 |
| First Trust NYSE® Arca® Biotechnology Index Fund | $10,001 - $50,000 |
| First Trust Dow Jones Internet Index Fund | $1 - $10,000 |
| First Trust Water ETF | $10,001 - $50,000 |
| First Trust Bloomberg Inflation Sensitive Equity ETF | $1 - $10,000 |
As of September 30, 2026, Mr. Fallow managed the investment vehicles (other than the Funds of each Trust) with the number of accounts and assets set forth in the table below:
| Portfolio Manager |
Registered Investment Companies Number of Accounts ($ Assets) |
Other Pooled Investment Vehicles Number of Accounts ($ Assets) |
Other Accounts Number of Accounts ($ Assets) |
| Chris Fallow | 0 ($0) | 0 ($0) | 0 ($0) |
Please Keep this Supplement with Your Fund Prospectus, Summary Prospectus and
Statement of Additional Information for Future Reference
Appendix A
| ETF I | First Trust NYSE® Arca® Biotechnology Index Fund | FBT |
| First Trust Natural Gas ETF | FCG | |
| First Trust Morningstar Dividend Leaders Index Fund | FDL | |
| First Trust Dow Jones Select MicroCap Index Fund | FDM | |
| First Trust Dow Jones Internet Index Fund | FDN | |
| First Trust Water ETF | FIW | |
| First Trust US Equity Opportunities ETF | FPX | |
| First Trust S&P REIT Index Fund | FRI | |
| First Trust Capital Strength® ETF | FTCS | |
| First Trust Value Line® Dividend Index Fund | FVD | |
| First Trust NASDAQ® ABA Community Bank Index Fund | QABA | |
| First Trust NASDAQ® Clean Edge® Green Energy Index Fund | QCLN | |
| First Trust NASDAQ-100 Ex-Technology Sector Index Fund | QQXT | |
| First Trust NASDAQ-100-Technology Sector Index Fund | QTEC | |
| First Trust Dow 30 Equal Weight ETF | EDOW | |
| First Trust Lunt U.S. Factor Rotation ETF | FCTR | |
| First Trust S&P 500 Diversified Free Cash Flow ETF | FCFY | |
| First Trust Dividend Strength ETF | FTDS | |
| First Trust Growth Strength™ ETF | FTGS | |
| First Trust Bloomberg Inflation Sensitive Equity ETF | FTIF | |
| First Trust Indxx Aerospace & Defense ETF | MISL | |
| First Trust Nasdaq-100 Select Equal Weight ETF | QQEW | |
| ETF II | First Trust Nasdaq Cybersecurity ETF | CIBR |
| First Trust Global Wind Energy ETF | FAN | |
| First Trust STOXX® European Select Dividend Index Fund | FDD | |
| First Trust Dow Jones Global Select Dividend Index Fund | FGD | |
| First Trust International Equity Opportunities ETF | FPXI | |
| First Trust Indxx Global Agriculture ETF | FTAG | |
| First Trust Indxx Global Natural Resources Income ETF | FTRI | |
| First Trust NASDAQ® Clean Edge® Smart Grid Infrastructure Index Fund | GRID | |
| First Trust Cloud Computing ETF | SKYY | |
| First Trust S-Network Future Vehicles & Technology ETF | CARZ | |
| First Trust Alerian Disruptive Technology Real Estate ETF | DTRE | |
| First Trust Nasdaq Lux Digital Health Solutions ETF | EKG | |
| First Trust Bloomberg Emerging Market Democracies ETF | EMDM | |
| First Trust Bloomberg Artificial Intelligence ETF | FAI | |
| First Trust Dow Jones International Internet ETF | FDNI | |
| First Trust Indxx Critical Metals ETF | FMTL | |
| First Trust IPOX Europe Equity Opportunities ETF | FPXE | |
| First Trust Bloomberg Space Economy ETF | FSPC | |
| First Trust Emerging Markets Human Flourishing ETF | FTHF | |
| First Trust Indxx NextG ETF | NXTG | |
| First Trust Indxx Quality Precious Metals Miners ETF | PMTL | |
| First Trust Alerian U.S. NextGen Infrastructure ETF | RBLD | |
| First Trust Bloomberg Nuclear Power ETF | RCTR | |
| First Trust Indxx Metaverse ETF | ARVR |
|
ETF VI |
First Trust S-Network Streaming & Gaming ETF | BNGE |
| First Trust SMID Capital Strength ETF | FSCS | |
| First Trust SMID Growth Strength ETF | FSGS | |
| First Trust Balanced Income ETF | FTBI | |
| First Trust New Constructs Core Earnings Leaders ETF | FTCE | |
| First Trust S-Network E-Commerce ETF | ISHP | |
| First Trust S&P 500 Diversified Dividend Aristocrats ETF | KNGZ | |
| First Trust Indxx Medical Devices ETF | MDEV | |
| First Trust Bloomberg R&D Leaders ETF | RND | |
| Emerging Markets Equity Select ETF | RNEM | |
| First Trust Bloomberg Shareholder Yield ETF | SHRY | |
| First Trust Nasdaq Bank ETF | FTXO | |
| First Trust Nasdaq Food & Beverage ETF | FTXG | |
| First Trust Nasdaq Oil & Gas ETF | FTXN | |
| First Trust Nasdaq Pharmaceuticals ETF | FTXH | |
| First Trust Nasdaq Semiconductor ETF | FTXL | |
| First Trust Nasdaq Transportation ETF | FTXR | |
| First Trust RBA American Industrial Renaissance® ETF | AIRR | |
| First Trust Dorsey Wright Momentum & Dividend ETF | DDIV | |
| First Trust S&P International Dividend Aristocrats ETF | FID | |
| First Trust Dorsey Wright Focus 5 ETF | FV | |
| First Trust Dorsey Wright Dynamic Focus 5 ETF | FVC | |
| First Trust Dorsey Wright International Focus 5 ETF | IFV | |
| Multi-Asset Diversified Income Index Fund | MDIV | |
| First Trust Rising Dividend Achievers ETF | RDVY | |
| First Trust NASDAQ Technology Dividend Index Fund | TDIV | |
| First Trust Dorsey Wright Momentum & Value ETF | DVLU | |
| First Trust Dorsey Wright Momentum & Low Volatility ETF | DVOL | |
| First Trust SMID Cap Rising Dividend Achievers ETF | SDVY | |
| First Trust Indxx Innovative Transaction & Process ETF | LEGR | |
| First Trust RBA Deglobalization ETF | DGLO | |
| First Trust S&P 500 Economic Moat ETF | EMOT | |
| First Trust International Developed Capital Strength ETF | FICS | |
| First Trust International Rising Dividend Achievers ETF | IDVY | |
| First Trust Nasdaq Artificial Intelligence & Robotics ETF | ROBT | |
| First Trust Dorsey Wright DALI Equity ETF | DALI |
| AlphaDEX I | First Trust Consumer Discretionary AlphaDEX® Fund | FXD |
| First Trust Consumer Staples AlphaDEX® Fund | FXG | |
| First Trust Energy AlphaDEX® Fund | FXN | |
| First Trust Financials AlphaDEX® Fund | FXO | |
| First Trust Health Care AlphaDEX® Fund | FXH | |
| First Trust Industrials/Producer Durables AlphaDEX® Fund | FXR | |
| First Trust Large Cap Core AlphaDEX® Fund | FEX | |
| First Trust Large Cap Growth AlphaDEX® Fund | FTC | |
| First Trust Large Cap Value AlphaDEX® Fund | FTA | |
| First Trust Materials AlphaDEX® Fund | FXZ | |
| First Trust Mid Cap Core AlphaDEX® Fund | FNX | |
| First Trust Mid Cap Growth AlphaDEX® Fund | FNY | |
| First Trust Mid Cap Value AlphaDEX® Fund | FNK | |
| First Trust Multi Cap Growth AlphaDEX® Fund | FAD | |
| First Trust Multi Cap Value AlphaDEX® Fund | FAB | |
| First Trust Small Cap Core AlphaDEX® Fund | FYX | |
| First Trust Small Cap Growth AlphaDEX® Fund | FYC | |
| First Trust Small Cap Value AlphaDEX® Fund | FYT | |
| First Trust Technology AlphaDEX® Fund | FXL | |
| First Trust Utilities AlphaDEX® Fund | FXU | |
| AlphaDEX II | First Trust China AlphaDEX® Fund | FCA |
| First Trust Developed Markets ex-US AlphaDEX® Fund | FDT | |
| First Trust Developed Markets ex-US Small Cap AlphaDEX® Fund | FDTS | |
| First Trust Emerging Markets AlphaDEX® Fund | FEM | |
| First Trust Emerging Markets Small Cap AlphaDEX® Fund | FEMS | |
| First Trust Europe AlphaDEX® Fund | FEP | |
| First Trust Eurozone AlphaDEX® ETF | FEUZ | |
| First Trust Germany AlphaDEX® Fund | FGM | |
| First Trust Japan AlphaDEX® Fund | FJP | |
| First Trust United Kingdom AlphaDEX® Fund | FKU | |
| First Trust Latin America AlphaDEX® Fund | FLN | |
| First Trust Asia Pacific ex-Japan AlphaDEX® Fund | FPA | |
| First Trust Switzerland AlphaDEX® Fund | FSZ | |
| First Trust India NIFTY 50 Equal Weight ETF | NFTY |
First Trust Exchange-Traded Alphadex Fund published this content on October 30, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 30, 2026 at 13:46 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]