FEM

First Trust Emerging Markets AlphaDEX Fund

$27.43

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The First Trust Emerging Markets AlphaDEX Fund (FEM) seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ AlphaDEX Emerging Markets Index.

Overview

ETF tracking First Trust Emerging Markets AlphaDEX Fund

Category Emerging Markets

Issuer First Trust

Inception Date 2015-10-13

Market Cap $474.5M

Average Volume N/A

Dividend Yield 2.88%

52-Week Range $19.94 - $27.55

VWAP $27.43

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs an 'AlphaDEX' stock selection methodology to select stocks from the NASDAQ Emerging Markets Index. This methodology ranks stocks based on various growth and value factors to try to generate excess returns compared to the broader emerging markets index.

✨ Key Features

Focuses on emerging market equities using a quantitative stock selection process
Aims to outperform the broader emerging markets index through factor-based stock selection
Diversified portfolio across multiple emerging market countries and sectors
Relatively high expense ratio compared to broad emerging markets index funds

⚠️ Primary Risks

Exposure to emerging market economies, which can be more volatile and less stable than developed markets
Potential for higher tracking error and performance deviation from the broader emerging markets index
Currency risk as the fund holds foreign denominated securities
Higher fees and expenses compared to passive emerging markets index funds

👤 Best For

The First Trust Emerging Markets AlphaDEX Fund may be suitable for investors seeking exposure to emerging market equities with the potential for outperformance, and who have a higher risk tolerance and longer investment horizon to offset the fund's higher fees and potential for tracking error.