FEM

First Trust Emerging Markets AlphaDEX Fund
D

51
  • Overview
  • Efficiency
  • Tradability
  • Fit

FEM Fund Description

The First Trust Emerging Markets AlphaDex Fund tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers.

FEM Factset Analytics Insight

FEM does not promise broad exposure to emerging markets, trying instead to build a portfolio of stocks positioned to outperform. The fund uses a selection methodology focused on growth and value factors to screen firms, and a tiered weighting system to produce a distinct and changing portfolio. FEM doesn't look much like the broad market, with major sector and geographic bets that are liable to change considerably over time, so investors should review the fund's current exposure periodically. In general, the fund has a bias toward midcaps and carries a much smaller average market cap compared to our neutral EM benchmark.

While the fund seeks to beat the market, its track record is inconclusive and it has typically taken on more risk than our benchmark. FEM offers middling liquidity: volumes tend to be modest but steady, and spreads are generally manageable if not thin. Block liquidity is excellent for larger investors. FEM's novel exposure doesn't come cheap, and its steep fee poses a considerable performance hurdle.

FEM MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of May 21, 2018 the First Trust Emerging Markets AlphaDEX Fund MSCI ESG Fund Quality Score is 3.72 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FEM ranks in the 2nd percentile within its peer group and in the 5th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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FEM Top 10 Countries View All

FEM Top 10 Sectors

FEM Top 10 Holdings View All

FEM Summary Data

First Trust
04/18/11
Open-Ended Fund
0.80%
$691.62M
$5.10M
0.13%

FEM Portfolio Data

$14.99B
9.63
1.19
2.26%
06/21/18
150

FEM Index Data

Tiered
Multi-Factor
MSCI Emerging Markets Investable Market Index

Related ETFs to FEM

GEM, FLQE, MFEM, QEMM, EMGF
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

FEM Portfolio Management

0.80%
-0.98%
0.69%
-2.17%

FEM Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FEM Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FEM Factset Analytics Block Liquidity

As of 05/22/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FEM. FEM is rated a 2 out of 5.

FEM Tradability

177,582
$5.10M
124,989
$3.53M
0.13%
$0.04
0.36%
1.83% / -1.91%
None
14.00%
50,000
2.50
0.53%
4.94%
108
$28.49
2

FEM Geographic Exposure

FEMSegment Benchmark
21.62% 35.83%
6.93% 9.25%
3.21% 8.96%
1.03% 6.62%
8.91% 6.48%
5.65% 5.39%
2.58% 5.12%
1.18% 3.33%

FEMSegment Benchmark
72.56% 63.77%
6.28% 21.08%
11.46% 13.80%
7.93% 2.25%
1.76% --
51.91% / 48.09% 44.82% / 56.08%

FEM Performance Statistics

0.74
1.08
1.06
1.18
0.63%
MSCI Emerging Markets Investable Market Index

FEM MSCI ESG Ratings

3.72 / 10
2.39
4.99
3.01%
3.94%
711.27

FEM BENCHMARK COMPARISON

    FEM
    150 Holdings
    Segment Benchmark
    2638 Constituents
    Shared Holdings
    135 (Count)
     
    13.55% (Weight)
FEMSegment Benchmark
59.53% 24.63%
26.69% 72.29%
11.59% 3.98%
2.19% 0.00%
2.23% 2.74%