RNEM

First Trust Emerging Markets Equity Select ETF

The First Trust Emerging Markets Equity Select ETF tracks an index of emerging market stocks selected for low volatility.


Rules-Based, Diverse

MANAGEMENT MATRIX

KEMX

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorFirst Trust
CategoryEmerging Market Equities
Asset classEquity
Websitelink...
Inception dateJun 20, 2017
Assets (mns)$7
Expense ratio75 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionVolatility
WeightingTiered
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
WPG HOLDINGS CO LTD 3.2 %
WISTRON CORP 3.2 %
INVENTEC CO LTD 3.1 %
RELIANCE INDUSTRIES LTD 3.1 %
PEGATRON CORP 3.0 %
SYNNEX TECHNOLOGY INTL CORP 3.0 %
INFOSYS TECHNOLOGIES LTD 2.8 %
TATA CONSULTANCY SVS LTD 2.5 %
ZHENRO PROPERTIES GROUP LIMITED 2.4 %
CHINA CONCH VENTURE HOLDINGS 1.9 %
Constituent Breakdown
Number of holdings246
Herfindahl-Hirschman Index 123
Wgt avg mkt cap (mns)$27,793
Large cap (>$10bn)51.5%
Mid cap ($2-10bn)44.0%
Small cap (<$2bn)1.3%
Developed mkts.5.2%
Emerging mkts.93.7%
Country Exposure
TAIWAN 25.7 %
INDIA 20.4 %
CHINA 15.9 %
BRAZIL 8.3 %
SOUTH AFRICA 6.3 %
MEXICO 4.5 %
THAILAND 4.4 %
HONG KONG 2.7 %
INDONESIA 2.6 %
RUSSIA 2.2 %
Historical Performance


Standardized Annual Returns (as of 09/30/2021)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
5.9% 21.6% 2.4% 2.5% -- -- 2.5%
Market Correlations
versus...BetaR-squared
S&P 5000.7361%
MSCI EAFE0.8374%
MSCI Emg Mkts0.7780%
Liquidity Measures
Avg. volume (000)0
Turnover0.0%
Avg. Bid/Ask (% of price)0.38%
ADV of underlying (mns)$6,798
Technical Indicators
Recent close$48.45
30d moving avg.$48.72
Annualized volatility17.8%
Relative strength (RSI)39
Short interest (ETF)2.8%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Results & Estimates
  2016 2017 2018 2019 2020 2021E 2022E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2020 2021E Fwd Est 2022E
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 --%
0.7 8.9 1.1 5.3% --
Based on closing prices from 10/26/2021
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
RNEM



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

RNEM

10.5%

Cat. Avg

7.7%

Fund Category: Emerging Market Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™10.5%
Recommendation

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

Category Overview
There are 171 funds in the Emerging Market Equities category, with an average ALTAR Score™ of 7.7% and a standard deviation of 4.2%. RNEM's ALTAR Score™ is approximately 0.7 standard deviations above the category average. This places RNEM in the 75th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
RNEM
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
Change
Volume
Bid/Ask Spread
Update
Today's Trading

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Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
RNEM 75.0 38.1 113.1
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .
Fundamental data for individual fund constituents sourced from FactSet Research Systems.