v3.25.3
First Trust Merger Arbitrage ETF Annual Fund Operating Expenses - First Trust Merger Arbitrage ETF - First Trust Merger Arbitrage ETF
Jul. 31, 2025
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 1.25%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses (as a percentage of Assets): 0.40% [1]
Acquired Fund Fees and Expenses 0.04%
Expenses (as a percentage of Assets) 1.69%
[1] Other Expenses consist of margin interest expense and dividend expense on investments sold short.