FEMS

First Trust Emerging Markets Small Cap AlphaDEX Fund
*Unless otherwise stated, data provided by FactSet.

FEMS Fund Description

FEMS aims to outperform other index funds by selecting small-cap emerging markets securities using quantitative metrics.

FEMS Factset Analytics Insight

FEMS tries to outperform the competition by using a multi-factor selection methodology to choose the best-performing stocks. It makes sizable country bets, notably excluding South Korea. FEMS scores each potential holding by both value and growth characteristics, then ranks stocks by whichever trait scores highest. It takes the top 200 names, broken into equal-weighted quintiles, weighting higher-scoring quintiles more heavily. The fund makes many sector bets, but those bets are liable to change with time, so its exposure bears watching.The fund's liquidity is middling; spreads can be wide, so traders looking to place larger orders should use care. Block liquidity is decent for an emerging-market fund, though creation-sized trades could impact underlying prices. The real issue facing FEMS is that it charges a high fee, and tracking statistics reveal that it typically costs even more to hold. (The fund’s huge tracking variability in our analysis is an artifact of the issuer's decision to report fair-value NAVs, though median tracking difference should not be significantly affected). Overall, FEMS faces some high hurdles in its attempt to beat the market.

FEMS MSCI ESG Analytics Insight

First Trust Emerging Markets Small Cap AlphaDEX Fund has an MSCI ESG Fund Rating of BB based on a score of 3.11 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. First Trust Emerging Markets Small Cap AlphaDEX Fund ranks in the 10th percentile within its peer group and in the 3th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FEMS Charts And Performance

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Select ETFs to compare their performance:
PERFORMANCE [as of 05/27/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FEMS 9.11% -12.69% -23.63% -1.23% -1.88% -0.36% --
ticker (NAV) 9.60% -12.09% -22.90% -1.52% -1.79% -0.42% --
NASDAQ AlphaDEX Emerging Markets Small Cap Index 9.72% -12.74% -22.26% 0.15% 0.13% -- --
MSCI Emerging Markets Small Cap Index 6.79% -11.70% -19.43% -11.08% -5.31% -3.92% 1.36%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FEMS Summary Data

First Trust
02/15/12
Open-Ended Fund
0.80%
$125.02M
$1.64M
0.37%

FEMS Portfolio Data

$1.14B
6.44
0.74
6.43%
06/25/20
203

FEMS Index Data

Tiered
Multi-Factor
MSCI Emerging Markets Small Cap Index

FEMS Portfolio Management

0.80%
-1.54%
0.62%
-4.05%

FEMS Tax Exposures

20.00% / 39.60%
0.29%
Qualified dividends
No

FEMS Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FEMS Factset Analytics Block Liquidity

As of 05/28/20
5
4
3
2
1

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

FEMS Tradability

62,637
$1.64M
37,586
$1.01M
0.37%
$0.10
-0.64%
1.16% / -3.84%
None
12.00%
50,000
0.75
0.60%
1.51%
0
$30.08
2

FEMS Sector/Industry Breakdown


FEMS
Segment Benchmark
19.08%
18.05%
18.29%
17.42%
16.17%
13.45%
15.24%
10.26%
13.52%
12.92%
5.70%
8.00%
4.85%
2.70%
4.47%
4.79%
2.56%
1.71%
0.13%
10.28%

FEMS Top 10 Holdings[View All]

1.69%
1.17%
1.02%
1.01%
1.00%
0.99%
0.94%
0.93%
0.92%
0.92%
10.59%

FEMS Countries


FEMS
Segment Benchmark
27.60%
23.95%
24.26%
11.23%
14.86%
1.35%
11.40%
6.84%
5.40%
3.48%
4.32%
3.29%
3.49%
1.36%
1.53%
2.20%
1.51%
3.16%
1.26%
1.04%

FEMS Regions


FEMS
Segment Benchmark
64.21%
75.96%
17.31%
4.45%
13.06%
10.57%
5.42%
8.49%
--
0.53%

FEMS Economic Development


FEMS
Segment Benchmark
51.87%
53.88%
48.13%
46.12%

FEMS Performance Statistics

0.91
1.04
0.99
1.05
0.51%
MSCI Emerging Markets Small Cap Index

FEMS MSCI ESG Ratings

3.11 / 10
3.40
9.91
1.38%
3.59%
586.97

FEMS Benchmark Comparison Holdings

203
1643
148
13.29%

FEMS Benchmark Comparison Summary


FEMS
Segment Benchmark
203
1643
$1.14B
$952.89M
6.44
56.02
0.74
0.97
5.73%
3.74%
Low
Low

FEMS Benchmark Comparison Market Cap Size


FEMS
Segment Benchmark
0.00%
0.00%
4.48%
2.64%
65.07%
62.53%
30.46%
34.83%