FTCE ETF — First Trust New Constructs Core Earnings Leaders ETF

First Trust New Constructs Core Earnings Leaders ETF (FTCE)

Updated October 16, 2026.

FTCE is an ETF. its distribution rate is 0.85%, its trailing-12-month yield is 0.73%, its expense ratio is 0.60%. Dividend Vision Distribution Safety Score™ is 73/100 (Generally safe). Total return is 38.3% over the past 2 years, 0.8 points ahead of SPY at 37.5%.

First Trust New Constructs Core Earnings Leaders ETF is an equity fund that tracks an index of approximately 100 companies selected for high earnings quality across sectors, based on a proprietary "Earnings Capture" metric, with at least 80% of assets invested in index constituents. The fund offers a modest current distribution rate paid quarterly, with a low expense ratio of 0.60%. It may appeal to income-focused investors seeking exposure to companies with strong earnings quality characteristics.

FTCE performance versus SPY

Price and return data through 2026-10-16.

Total return is 38.3% over the past 2 years, 0.8 points ahead of SPY at 37.5%. Over the past year its total return — price change plus distributions reinvested — is 14.2%. Its deepest 1-year drawdown was 10.2%.

FTCE key facts

Distribution Safety Score™

73 · Generally safe

Safety-Adjusted Yield

0.62%

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

10/02/2024

Expense ratio

0.60%

Distribution rate

0.85%

Distribution frequency

Quarterly

Trailing yield

0.73%

Last close

$27.14 (as of 2026-10-16)

AUM

$86,588,044

Average volume

8425.0

Dividend

$0.058

Ex-dividend date

09/24/2026

Payment date

09/30/2026

Beta

0.9715

How Dividend Vision calculates yield and returns

Distribution rate (0.85%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.73%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FTCE risks and drawbacks

FTCE's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 10.2%.

Who may consider FTCE — and who may not

It is a weaker fit for investors who need monthly cash flow (FTCE pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on FTCE

• All tickers starting with F

Frequently asked questions

More securities from First Trust.