First Trust Bloomberg Shareholder Yield ETF Average Annual Total Returns |
12 Months Ended | 60 Months Ended | 90 Months Ended | |||||
---|---|---|---|---|---|---|---|---|
Mar. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2024 |
Dec. 31, 2024 |
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Bloomberg Shareholder Yield Index (reflects no deduction for fees, expenses, or taxes)[Member] | ||||||||
Prospectus [Line Items] | ||||||||
Average Annual Return, Percent | [1],[2] | 16.00% | ||||||
Nasdaq Riskalyze US Large Cap(TM) Index (reflects no deduction for fees, expenses or taxes)[Member] | ||||||||
Prospectus [Line Items] | ||||||||
Average Annual Return, Percent | 15.16% | 11.70% | 11.74% | |||||
S&P 500® Index (reflects no deduction for fees, expenses or taxes)[Member] | ||||||||
Prospectus [Line Items] | ||||||||
Average Annual Return, Percent | 25.02% | 14.53% | 14.35% | |||||
First Trust Bloomberg Shareholder Yield ETF | ||||||||
Prospectus [Line Items] | ||||||||
Average Annual Return, Percent | 17.43% | 11.58% | 11.43% | |||||
Performance Inception Date | Jun. 20, 2017 | |||||||
First Trust Bloomberg Shareholder Yield ETF | After Taxes on Distributions | ||||||||
Prospectus [Line Items] | ||||||||
Average Annual Return, Percent | 16.58% | 10.86% | 10.71% | |||||
First Trust Bloomberg Shareholder Yield ETF | After Taxes on Distributions and Sales | ||||||||
Prospectus [Line Items] | ||||||||
Average Annual Return, Percent | 10.31% | 8.85% | 8.92% | |||||
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