Rule 497(k)

File No. 333-182308

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