RNEMFirst Trust Emerging Markets Equity Select ETF
RNEM Fund Description
RNEM tracks a tier-weighted index of emerging-market stocks selected for low volatility.
RNEM Factset Analytics Insight
RNEM seeks stability by filtering the universe of large- and midcap emerging-market stocks for companies with historically low volatility of returns. Within each emerging market country, the fund selects the 25 stocks with the lowest volatility over the previous 12 months. The resulting portfolio is sorted into country/sector buckets, with each bucket set to market weight at each rebalance. Holdings are equal-weighted within the buckets. The fund’s use of a NASDAQ parent index means that it classifies both South Korea and Taiwan as emerging markets, which may not align with how they are classified in other emerging-market funds. The index is reconstituted and rebalanced semi-annually.
RNEM MSCI ESG Analytics Insight
First Trust Emerging Markets Equity Select ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.68 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 Equity Select ETF ranks in the 22nd percentile within its peer group and in the 13th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
RNEM MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
RNEM Summary Data
RNEM Portfolio Data
RNEM Index Data
RNEM Portfolio Management
RNEM Tax Exposures
RNEM Fund Structure
RNEM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RNEM. RNEM is rated a 1 out of 5.
RNEM Sector/Industry Breakdown
RNEM Top 10 Holdings[View All]
RNEM Economic Development
RNEM Performance Statistics
RNEM MSCI ESG Ratings
RNEM Benchmark Comparison Summary
RNEM Benchmark Comparison Market Cap Size