The First Trust International Developed Capital Strength ETF (FICS) made its debut on 12/15/2020, and is a smart beta exchange traded fund that provides broad exposure to the Foreign Large Growth ETF category of the market.What Are Smart Beta ETFs?The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.Market cap weighted indexes work great for investors who believe in market efficiency. They provide a ...