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First Trust Emerging Markets Small Cap AlphaDEX Fund ETF
FEMS performance and flow charts
Performance
Flows
Historic performance and flows
Data as of September 10, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +2.51% | +4.41% | +11.59% | +10.45% | +35.36% | +29.90% |
| Flows | -$23M | -$23M | -$30M | -$53M | -$139M | +$47M |
Characteristics
The First Trust Emerging Markets Small Cap AlphaDEX Fund ETF is built to track the NASDAQ AlphaDEX Emerging Markets Small Cap NTR Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | First Trust |
| N° of holdings | 172 |
| Replication method | Direct (Physical) |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | February 15, 2012 |
| ESG | No |
More data and info about FEMS on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 15 holdings out of 172
Top 15 Holdings
Sectors
Countries
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +15.30% | +14.74% | +13.93% | +14.73% |
Max drawdown | -8.68% | -11.94% | -18.81% | -24.99% |
Max drawdown duration | 64d | 127d | 348d | 935d |
Time to recover | 28d | N/A | 81d | 555d |
Replication quality
Data as of August 31, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is FEMS?
FEMS is a Passive ETF that provides exposure to Equity assets. It is managed by First Trust.
What index does FEMS track?
FEMS tracks the NASDAQ AlphaDEX Emerging Markets Small Cap NTR Index - USD, aiming to replicate its performance through full replication.
What does FEMS invest in?
This ETF provides exposure to Other Small Cap Emerging markets Equities. It is part of the segment: EM Small Cap.
What is the expense ratio of FEMS?
The total expense ratio (TER) of FEMS is 0.8%, representing the annual fee charged by the fund manager.
When was FEMS launched?
FEMS was launched on February 15, 2012, marking its entry into the ETF market.
Who is the issuer of FEMS?
FEMS is issued by First Trust.
What is the AUM of FEMS?
As of September 10, 2026, FEMS manages $235.84 M, reflecting the total assets held in the fund.
How has FEMS performed recently?
As of September 10, 2026, FEMS delivered a return of 2.51% over the past month (1M performance), 4.41% over the past three months (3M), and 11.59% year-to-date (YTD).
What are the recent fund flows for FEMS?
As of September 10, 2026, FEMS has seen net flows of -$23M in the past month (1M flow) and -$30M year-to-date (YTD).
Does FEMS pay dividends?
As of September 10, 2026, FEMS has a trailing 12-month distribution yield of 4.13%.
How many holdings are in FEMS
As of July 31, 2026, FEMS holds 172 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is FEMS?
As of July 31, 2026, FEMS holds 172 securities, with 17.28% of its assets concentrated in its top 15 holdings.
What are the top holdings of FEMS?
As of July 31, 2026, FEMS holds a portfolio of 172 underlyings, with its largest positions including ITEQ Corp., Holy Stone Enterprise Co., Ltd. and Regional Container Lines Public Co. Ltd.. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does FEMS invest in?
As of July 31, 2026, FEMS has its largest geographic exposures in Taiwan, Turkey and China.
What sectors or themes does FEMS focus on?
As of July 31, 2026, FEMS is primarily exposed to Non-Energy Materials, Technology and Finance.
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