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AFEMvsRWEMETF Comparison

ETF 1
AFEM

First Trust Active Factor Emerging Markets ETF

This fund is part of
Uncategorized Equities
-2.05%
VS
ETF 2
RWEM

Rayliant Quantamental Emerging Market Equity ETF

This fund is part of
Uncategorized Equities
-2.05%

First Trust Active Factor Emerging Markets ETF (AFEM) and Rayliant Quantamental Emerging Market Equity ETF (RWEM) belong to the same industry segment: Uncategorized Equities. Both ETFs have the same top 3 sector exposures: Technology, Finance and Industrials. AFEM is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.52% for RWEM. AFEM is up 20.22% year-to-date (YTD) with +$17M in YTD flows. RWEM performs worse with 12.84% YTD performance, and -$31M in YTD flows. Run a side-by-side ETF comparison of AFEM and RWEM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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AFEM vs RWEM performance and flow charts

Performance

-8.0-6.0-4.0-2.00.02.0%Sep 29Oct 6Oct 13Oct 20Oct 27

Cumulative Flows

-5 M-4 M-3 M-2 M-1 M0 MSep 29Oct 6Oct 13Oct 20Oct 27

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 10/29/2026
1M3MYTD1Y3Y5Y
Perf.
AFEM
RWEM
-4.72%-8.26%
+5.59%+0.18%
+20.22%+12.84%
+21.57%+14.14%
+92.24%+78.84%
+69.14%n/a
Flows
AFEM
RWEM
--$5M
--$5M
+$17M-$31M
+$21M-$32M
+$22M-$7M
+$16M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
AFEM
RWEM
+15.96%+19.67%
+16.67%+22.61%
+15.07%+17.70%
+16.04%n/a
Max drawdown
AFEM
RWEM
-9.01%-10.74%
-11.02%-13.18%
-14.01%-23.02%
-30.61%n/a
Max drawdown duration
AFEM
RWEM
24d51d
50d57d
222d270d
817dn/a
Trading data

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AFEM
RWEM
Last sale
10/30/2026 at 1:30 PM
$91.15
$33.06
Previous close
10/29/2026
$93.07
$33.55
Consolidated volume
10/29/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 10/30/2026 at 1:30 PM
Live
Closed
AFEM
RWEM
Last price
$91.15
$33.06
1D performance
-2.06%
-1.46%
AuM$79.06 M$61.62 M
E/R0.85%0.52%
Characteristics
AFEM
RWEM
Management strategyActiveActive
ProviderFirst TrustRayliant Asset Management
Benchmark--
N° of holdings125215
Asset class--
Trailing 12m distribution yield
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Inception dateJune 14, 2016December 15, 2021
ESGNoNo
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Exposure

Countries

AFEM
Taiwan
32.03%
Republic of Korea
15.67%
China
11.67%
India
9.72%
Other
30.91%
RWEM
Taiwan
26.63%
China
22.88%
Republic of Korea
21.54%
India
9.02%
Other
19.92%

Sectors

AFEM
Technology
44.11%
Finance
17.65%
Other
38.24%
RWEM
Technology
48.68%
Finance
20.85%
Other
30.47%

Diversification

AFEM

Total weight of top 15 holdings out of 15

44.3%
RWEM

Total weight of top 15 holdings out of 15

41.45%

Top 15 holdings

Data as of September 30, 2026
AFEM
Taiwan Semiconductor Manufacturing Co., Ltd.
14.06%
Samsung Electronics Co., Ltd.
8.04%
SK hynix, Inc.
3.88%
Unimicron Technology Corp.
2.24%
Lenovo Group Ltd.
1.85%
Industrial & Commercial Bank of China Ltd.
1.83%
Jentech Precision Industrial Co. Ltd.
1.74%
MediaTek, Inc.
1.65%
Bank of Communications Co., Ltd.
1.61%
Kia Corp.
1.51%
Kasikornbank Public Co. Ltd.
1.44%
International Container Terminal Services, Inc.
1.26%
Nan Ya Printed Circuit Board Corp
1.09%
The Federal Bank Ltd. (India)
1.05%
Banco de Chile
1.05%
RWEM
Taiwan Semiconductor Manufacturing Co., Ltd.
9.24%
Samsung Electronics Co., Ltd.
6.19%
SK hynix, Inc.
4.44%
Tencent Holdings Ltd.
3.56%
Delta Electronics, Inc.
2.87%
MediaTek, Inc.
2.56%
LG Corp.
1.90%
NetEase, Inc.
1.64%
Zhejiang Century Huatong Group Co., Ltd.
1.62%
ASUSTek Computer, Inc.
1.58%
Woori Financial Group, Inc.
1.27%
Agricultural Bank of China Ltd.
1.23%
PICC Property & Casualty Co., Ltd.
1.21%
Samsung Electronics Co., Ltd.
1.11%
HCL Technologies Ltd.
1.03%
Frequently asked questions about AFEM and RWEM

How have the AFEM and RWEM ETFs performed in 2026?

As of October 29, 2026, AFEM is up 20.22% year-to-date (YTD), while RWEM has returned 12.84%. That puts AFEM better performer ahead so far this year.

Which ETF is attracting more investor money: AFEM or RWEM?

Year-to-date, the AFEM ETF saw +$17M in flows, compared to -$31M for RWEM.

Which ETF is more volatile: AFEM or RWEM?

Over the past year, AFEM had a volatility of 16.67%, while RWEM experienced 22.61%.

Which ETF is bigger: AFEM or RWEM?

As of October 29, 2026, AFEM holds $79.06 M in assets under management (AUM), while RWEM manages $61.62 M.

What sectors do the AFEM and RWEM ETFs invest in?

AFEM leans toward sectors like Technology and Finance. Meanwhile, RWEM focuses on Technology and Finance.

What are the top holdings of the AFEM ETF and RWEM ETF?

AFEM top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc.. RWEM holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..

Which ETF is more diversified: AFEM or RWEM?

AFEM holds 125 securities with 44.3% of its assets in the top 15. RWEM has 220 securities and a top 15 weight of 41.45%.

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