(FEM) Emerging Markets AlphaDEX - Overview
ETF Category: Diversified Emerging Mkts | Exchange: NASDAQ (USA) | Market Cap: 747m USD | Total Return: 41.9% in 12m
Avg Turnover: 3.35M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The First Trust Emerging Markets AlphaDEX® Fund (FEM) is an exchange-traded fund that tracks the NASDAQ Emerging Markets AlphaDEX® Index. The fund allocates at least 90% of its net assets to securities within this index, which utilizes a proprietary selection methodology to identify stocks with the potential for positive risk-adjusted returns. Unlike traditional market-capitalization-weighted funds, this model weights holdings based on growth and value factors such as price appreciation, sales growth, and cash flow to price ratios.
The emerging markets sector typically includes economies characterized by rapid industrialization and higher GDP growth potential compared to developed nations, though they often carry increased political and currency volatility. By focusing on fundamental factors rather than market size, the AlphaDEX® strategy attempts to exploit market inefficiencies inherent in these developing regions. Investors may find it useful to examine ValueRay for further data on factor-based performance metrics. This systematic approach aims to outperform standard benchmarks by avoiding the concentration risks often found in traditional emerging market indices.
- Emerging market GDP growth rates dictate underlying company revenue performance
- Quantitative AlphaDEX selection methodology determines relative outperformance against traditional benchmarks
- US Dollar strength volatility impacts net asset value translation for investors
- Geopolitical stability in core regions influences foreign direct investment flows
- Commodity price fluctuations drive earnings for energy and materials heavy constituents
As of May 30, 2026, the stock is trading at USD 32.68 with a total of 66,089 shares traded.
Over the past week, the price has changed by +1.68%,
over one month by +0.58%,
over three months by +4.32% and
over the past year by +41.93%.
Emerging Markets AlphaDEX has no consensus analysts rating.