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ETFs

First Trust Emerging Markets AlphaDEX Fund

FEM
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Apr 18 2011
Expense Ratio
0.80%
Type
Global Ex. US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$2,359,671
AUM
$437,184,042
Associated Index
NASDAQ AlphaDEX Emerging Markets Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

3231
WISTRON CORP
1.80%
921
Hisense Home Appliances Group Co.Ltd - Ordinary Shares - Class H
1.45%
PETR4
Petroleo Brasileiro S.A. (Petrobras) (Preference Shares)
1.41%
n/a
US Dollar
1.39%
857
PetroChina Co. Ltd. - Ordinary Shares - Class H
1.32%
MOL
MOL HUNGARIAN OIL AND GAS PL
1.31%
PKN
POLSKI KONCERN NAFTOWY ORLEN
1.27%
ENELCHIL
ENEL CHILE SA
1.24%
386
China Petroleum & Chemical Corp - Ordinary Shares - Class H
1.20%
3443
GLOBAL UNICHIP CORP
1.19%
Invest with FEM

What is FEM?

The First Trust Emerging Markets 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 Index. The NASDAQ AlphaDEX Emerging Markets 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 on growth factors including 3-, 6- and 12-month price appreciation, sales to price and one year sales growth and separately on value factors including book value to price, cash flow to price and return on assets.

ETFs related toFEM

ETFs correlated to FEM include JPEM, DFEV, FNDE

FEM
First Trust Exchange-Traded Fund III - First Trust Emerging Markets AlphaDEX Fund
JPEM
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return Emerging Markets Equity ETF
DFEV
Dimensional ETF Trust - Dimensional Emerging Markets Value ETF
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF
FEMS
First Trust Exchange-Traded Fund III - First Trust Emerging Markets Small Cap AlphaDEX Fund
DGS
WisdomTree Trust - WisdomTree Emerging Markets SmallCap Dividend Fund
AVES
American Century ETF Trust - Avantis Emerging Markets Value ETF
PXH
Invesco Capital Management LLC - Invesco FTSE RAFI Emerging Markets ETF
DEM
WisdomTree Trust - WisdomTree Emerging Markets High Dividend Fund
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity 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

FEM is a Global Ex. US Equities ETF. The First Trust Emerging Markets 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 Index. The NASDAQ AlphaDEX Emerging Markets 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 on growth factors including 3-, 6- and 12-month price appreciation, sales to price and one year sales growth and separately on value factors including book value to price, cash flow to price and return on assets.

FEM tracks the NASDAQ AlphaDEX Emerging Markets Index.

No, FEM 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, FEM 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 FEM is -0.0161%. This is the percent change in the value of FEM over the most recent 1-month period. The 3-month return on FEM is -0.0086%. This is the percent change in the value of FEM over the most recent 3-month period.

The standard deviation of FEM for the past year is 0.1938%. 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 FEM include ICLN, TAN, and EFG.

ETFs correlated to FEM include JPEM, DFEV, and FNDE.

ETFs that are inversely correlated to FEM 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.