RFEM
First Trust Riverfront Dynamic Emerging Markets ETF
The First Trust RiverFront Dynamic Emerging Markets ETF is an actively managed fund that seeks capital appreciation from emerging market stocks using a factor approach. The manager has discretion to hedge currency exposure up to 100% of the portfolio.
Emerging Market
EQUITY
Active
MANAGEMENT STYLE
$ 81.5 M
ASSETS UNDER MGMT
95 bp
EXPENSES
Fund Basics
| Inception date | Jun 14, 2016 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TAIWAN SEMICONDUCTOR MANUFAC | 10.2 % |
| MEDIATEK INC | 6.4 % |
| UNIMICRON TECHNOLOGY CORP | 3.7 % |
| ISHARES MSCI CHINA ETF | 3.3 % |
| TENCENT HOLDINGS LTD | 3.3 % |
| KIA MOTORS CORPORATION | 2.6 % |
| INTL CONTAINER TERM SVCS INC | 2.5 % |
| IND & COMM BK OF CHINA - H | 2.1 % |
| ALIBABA GROUP HOLDING LTD. | 1.9 % |
| KASIKORNBANK PCL-NVDR | 1.9 % |
Constituent Breakdown
| Number of holdings | 122 |
| Herfindahl-Hirschman Index | 267 |
| Wgt avg mkt cap (mns) | $256,662 |
| Large cap (>$10bn) | 74.3% |
| Mid cap ($2-10bn) | 16.0% |
| Small cap (<$2bn) | 1.5% |
| Developed mkts. | 8.2% |
| Emerging mkts. | 85.2% |
Sector Breakdown
Country Exposure
 |
TAIWAN | 30.9 % |
 |
INDIA | 16.5 % |
 |
CHINA | 9.4 % |
 |
SOUTH KOREA | 6.5 % |
 |
BRAZIL | 4.6 % |
 |
THAILAND | 3.8 % |
 |
TURKEY | 3.2 % |
 |
HONG KONG | 2.9 % |
 |
PHILIPPINES | 2.5 % |
 |
POLAND | 2.5 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 16.4% | 29.2% | 18.7% | 17.2% | 5.3% | 5.3% | -- | 6.1% |
| Dividend Yield | 1.5% | 3.9% | 3.4% | 3.6% | 4.3% | 3.6% | -- | 3.6% |
| Total Returns | 17.8% | 33.1% | 22.1% | 20.7% | 9.7% | 9.0% | -- | 9.8% | Ann. Volatility | 22.8% | 19.1% | 18.6% | 17.3% | 19.0% | 20.5% | -- | 20.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.17 | 62% |
| MSCI EAFE | 0.97 | 64% |
| MSCI Emg Mkts | 0.74 | 89% |
Liquidity Measures
| Avg. volume (000) | 4 |
| ADV traded (mns) | $0 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.24% |
Technical Indicators
| 30d moving avg. (EMA) | $91.98 |
| Relative strength (RSI) | 51 |
| MACD/Signal | -0.52/-0.41 |
| Bollinger Bands (Upper/Lower) | $94.86/$89.31 |
| Short interest (% of AUM) | 0.4% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. RFEM |
Expenses vs. RFEM |
ALTAR Score™ vs. RFEM |
|---|---|---|---|---|
| JIVE | JPMorgan International Value ETF | 32.5% | -40 bp | -1.9% |
| RAYE | Rayliant Quantamental Emerging Market ex-China Equity ETF | 28.3% | -7 bp | -1.3% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | 25.7% | -46 bp | -2.0% |
| EMGF | iShares Emerging Markets Equity Factor ETF | 25.5% | -70 bp | -0.5% |
| HEEM | iShares Currency Hedged MSCI Emerging Markets ETF | 25.2% | -26 bp | -1.9% |
| VWO | Vanguard FTSE Emerging Markets ETF | 24.7% | -88 bp | -0.5% |
| EEM | iShares MSCI Emerging Markets ETF | 24.6% | -26 bp | -1.7% |
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF | 24.5% | -65 bp | -1.5% |
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | 24.3% | -25 bp | -2.6% |
| EMCS | Xtrackers MSCI Emerging Markets Select ETF | 24.2% | -80 bp | -1.1% |
Risk and Returns: RFEM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 8/12/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
10.5%
ALTAR SCORE™
89th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 214 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.7% and a standard deviation
of 2.3%. RFEM's ALTAR Score™ is approximately 1.2 standard
deviations above the category average. This places RFEM in the 89th percentile
among funds in the category.
Sell-Side Consensus
$107.4
PRICE TARGET
+12.0%
UPSIDE
Bid/Ask Spreads
24 bp
AVG SPREAD
16 —
216 bp
RANGE