Skip to Content
Unlock active trading in your IRA  ·  Join the waitlist here →

First Trust Exchange-Traded Fund III First Trust RiverFront Dynamic Emerging Markets ETF

RFEM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 14 2016
Expense Ratio
0.95%
Type
Global Ex. US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$162,372
AUM
$32,430,108
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

2330
Taiwan Semiconductor Manufacturing
7.88%
700
Tencent Holdings Ltd.
3.90%
005930
Samsung Electronics
3.64%
9988
Alibaba Group Holding Ltd
2.48%
532174
ICICI Bank Ltd.
1.86%
2454
Media Tek Inc
1.68%
532540
Tata Consultancy Services Ltd.
1.58%
VALE3
Vale S.A.
1.58%
PETR3
Petroleo Brasileiro S.A. Petrobras
1.44%
500696
Hindustan Unilever Ltd.
1.38%
Invest with RFEM

What is RFEM?

The First Trust RiverFront Dynamic Emerging Markets ETF is an actively managed exchange-traded fund. The Funds investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in a portfolio of equity securities of emerging market companies, including through investments in common stock, depositary receipts and real estate investment trusts, and forward foreign currency exchange contracts.

ETFs related toRFEM

ETFs correlated to RFEM include EMXC, XCEM, AVEM

RFEM
First Trust Exchange-Traded Fund III - First Trust RiverFront Dynamic Emerging Markets ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
GEM
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta Emerging Markets Equity ETF
DEM
WisdomTree Trust - WisdomTree Emerging Markets High Dividend Fund
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM 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.

Automated Strategies
Related toRFEM

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with RFEM using Composer

FAQ

RFEM is a Global Ex. US Equities ETF. The First Trust RiverFront Dynamic Emerging Markets ETF is an actively managed exchange-traded fund. The Funds investment objective is to provide capital appreciation. Under normal market conditions, the Fund will seek to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in a portfolio of equity securities of emerging market companies, including through investments in common stock, depositary receipts and real estate investment trusts, and forward foreign currency exchange contracts.

Yes, RFEM is actively 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.

No, RFEM is not passively managed. It is actively 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 RFEM is 0.0058%. This is the percent change in the value of RFEM over the most recent 1-month period. The 3-month return on RFEM is -0.0097%. This is the percent change in the value of RFEM over the most recent 3-month period.

The standard deviation of RFEM for the past year is 0.1845%. 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 RFEM include EZU, VEA, and EFA.

ETFs correlated to RFEM include EMXC, XCEM, and AVEM.

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

Disclaimers

*

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.