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ETFs

First Trust Developed Markets Small Cap AlphaDex Fund

FEMS
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Feb 15 2012
Expense Ratio
0.80%
Type
Global Ex. US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$1,652,863
AUM
$327,892,576
Associated Index
NASDAQ AlphaDEX Emerging Markets Small Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ISMEN
Is Yatirim Menkul Degerler A.S
1.70%
NUHCM
Nuh CImento SanayII a.s.
1.37%
ISGYO
Is Gayrimenkul Yatirim Ortakligi
1.33%
3017
Asia Vital Components
1.26%
MGROS
Migros Ticaret A.S.
1.24%
POMO4
Marcopolo S.A. - PRF PERPETUAL BRL
1.21%
INKP
Indah Kiat Pulp and Paper Tbk PT
1.17%
SOKM
Sok Marketler Ticaret A.S.
1.16%
3706
MITAC Holdings Corp
1.11%
CIMSA
Cimsa Cimento Sanayi ve Ticaret A.S.
1.06%
Invest with FEMS

What is FEMS?

The First Trust Emerging Markets Small Cap AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Funds fees and expenses, of an equity index called the NASDAQ AlphaDEX Emerging Markets Small Cap Index. The NASDAQ AlphaDEX Emerging Markets Small Cap Index employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ Emerging Markets Index. The Index is constructed by ranking the stocks in the NASDAQ Emerging Markets Index separately on growth and value factors.

ETFs related toFEMS

ETFs correlated to FEMS include FEM, EWX, DGS

FEMS
First Trust Exchange-Traded Fund III - First Trust Emerging Markets Small Cap AlphaDEX Fund
FEM
First Trust Exchange-Traded Fund III - First Trust Emerging Markets AlphaDEX Fund
EWX
SSgA Active Trust - SPDR S&P Emerging Markets Small Cap ETF
DGS
WisdomTree Trust - WisdomTree Emerging Markets SmallCap Dividend Fund
DFEV
Dimensional ETF Trust - Dimensional Emerging Markets Value ETF
PXH
Invesco Capital Management LLC - Invesco FTSE RAFI Emerging Markets ETF
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
EEMS
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Small-Cap ETF
DEM
WisdomTree Trust - WisdomTree Emerging Markets High Dividend Fund
DVYE
BlackRock Institutional Trust Company N.A. - iShares Emerging Markets Dividend ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

FEMS is a Global Ex. US Equities ETF. The First Trust Emerging Markets Small Cap AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Funds fees and expenses, of an equity index called the NASDAQ AlphaDEX Emerging Markets Small Cap Index. The NASDAQ AlphaDEX Emerging Markets Small Cap Index employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ Emerging Markets Index. The Index is constructed by ranking the stocks in the NASDAQ Emerging Markets Index separately on growth and value factors.

FEMS tracks the NASDAQ AlphaDEX Emerging Markets Small Cap Index.

No, FEMS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FEMS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FEMS is 0.0251%. This is the percent change in the value of FEMS over the most recent 1-month period. The 3-month return on FEMS is 0.0938%. This is the percent change in the value of FEMS over the most recent 3-month period.

The standard deviation of FEMS for the past year is 0.18%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FEMS include PBW, IGF, and ARKK.

ETFs correlated to FEMS include FEM, EWX, and DGS.

ETFs that are inversely correlated to FEMS include EDZ, EFZ, and EPV.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.