First Trust Bloomberg Emerging Market Democracies ETF
Name
As of 10/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.6%
1 yr return
22.2%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$6.72 M
Holdings in Top 10
47.6%
52 WEEK LOW AND HIGH
$23.5
$19.34
$24.60
Expenses
OPERATING FEES
Expense Ratio 0.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 10/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
EMDM - Profile
Distributions
- YTD Total Return 4.6%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 2.7%
- Dividend Distribution Frequency Quarterly
Fund Details
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Legal NameFirst Trust Bloomberg Emerging Market Democracies ETF
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Fund Family NameFirst Trust Advisors L.P.
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Inception DateMar 03, 2023
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Shares OutstandingN/A
-
Share ClassN/A
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CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the Index. The Fund intends to invest substantially all of its net assets in the investments that comprise the Index. The Fund, using a replication strategy, attempts to replicate, before fees and expenses, the performance of the Index. The Index is owned and was developed and sponsored by Bloomberg Index Services Limited (the “Index Provider”).The Fund will generally employ a full replication strategy. However, under various circumstances, full replication of the Index may not be possible or practicable. In those circumstances, the Fund may purchase a sample of securities in the Index.The Index is constructed to track the performance of companies within emerging market countries as determined by the Index Provider, that meet minimum political rights and civil liberties standards to qualify as Electoral Democracies according to Freedom House, a non-profit, majority U.S. government funded organization in Washington, D.C., that conducts research and advocacy on democracy, political freedom, and human rights.According to the Index Provider, to be eligible for inclusion in the Index, a security must be a constituent of the Bloomberg Emerging Markets Large & Mid Cap universe, meet the market capitalization and liquidity standards of the Index and belong to a country that is classified as an Electoral Democracy according to data from Freedom House. The Index Provider classifies a country as “emerging” based on a number of criteria, including stability, growth, regulation, and trading practices, with a focus on the quality of markets, materiality, trading and foreign access, market stability, and cost limitations. The Index Provider considers data from international financial agencies in making such classifications.To be classified as an Electoral Democracy, a country must have a score of 7 or better in the Electoral Process subcategory, an overall Political Rights score of 20 or better, and an overall Civil Liberties score of 30 or better according to data from Freedom House. For more information on Freedom House and how the scores are determined, please see the section entitled “Additional Information on the Fund’s Investment Objective and Strategies.” Of the securities eligible for selection, the Index includes the top 100 companies ranked by free-float market capitalization. If a selected company issues more than one security, the security currently in the Index will take precedence if it has met all other criteria for eligibility. Otherwise, the security with the highest 90-day average daily value traded is eligible for inclusion in the Index. Selected securities are weighted in the Index based on a combination of a modified free-float market capitalization and the total score assigned by Freedom House for the issuer’s country. Aggregate exposure to a single country is capped at 15% at the time of rebalance. Any excess weight from capping a country is then redistributed proportionally to the remaining uncapped country weights. The Fund may invest in depositary receipts, preferred shares, real estate investment trusts ("REITs") and U.S. dollar denominated and non-U.S. dollar denominated securities.The Index is reconstituted annually in April and rebalanced semi-annually in April and October and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. The Index is typically composed of 100 securities but may be composed of more or fewer securities under certain circumstances. As of December 31, 2023, the Fund expects to have significant investments in financial companies, information technology companies, Taiwanese issuers, Latin American issuers and Asian issuers, although this may change from time to time.The Fund's investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of December 31, 2023. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.The Fund is classified as “non-diversified” under the Investment Company Act of 1940, as amended (the “1940 Act”).
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EMDM - Performance
Return Ranking - Trailing
Period | EMDM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.6% | N/A | N/A | N/A |
1 Yr | 22.2% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | EMDM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | EMDM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.6% | N/A | N/A | N/A |
1 Yr | 22.2% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | EMDM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
EMDM - Holdings
Concentration Analysis
EMDM | Category Low | Category High | EMDM % Rank | |
---|---|---|---|---|
Net Assets | 6.72 M | N/A | N/A | N/A |
Number of Holdings | 101 | N/A | N/A | N/A |
Net Assets in Top 10 | 3.86 M | N/A | N/A | N/A |
Weighting of Top 10 | 47.61% | N/A | N/A | N/A |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 11.55%
- Samsung Electronics Co Ltd 7.68%
- Naspers Ltd 6.43%
- FirstRand Ltd 4.42%
- Standard Bank Group Ltd 3.20%
- Grupo Mexico SAB de CV 3.18%
- Petroleo Brasileiro SA 3.11%
- Powszechna Kasa Oszczednosci Bank Polski SA 3.06%
- Capitec Bank Holdings Ltd 2.65%
- America Movil SAB de CV 2.32%
Asset Allocation
Weighting | Return Low | Return High | EMDM % Rank | |
---|---|---|---|---|
Stocks | 93.70% | N/A | N/A | N/A |
Preferred Stocks | 6.17% | N/A | N/A | N/A |
Cash | 0.13% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bonds | 0.00% | N/A | N/A | N/A |
EMDM - Expenses
Operational Fees
EMDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.75% | N/A | N/A | N/A |
Management Fee | 0.75% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
EMDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
EMDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
EMDM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
EMDM - Distributions
Dividend Yield Analysis
EMDM | Category Low | Category High | EMDM % Rank | |
---|---|---|---|---|
Dividend Yield | 2.68% | N/A | N/A | N/A |
Dividend Distribution Analysis
EMDM | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly |
Net Income Ratio Analysis
EMDM | Category Low | Category High | EMDM % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
EMDM | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 26, 2024 | $0.157 | OrdinaryDividend |
Jun 27, 2024 | $0.177 | OrdinaryDividend |
Mar 21, 2024 | $0.016 | OrdinaryDividend |
Dec 22, 2023 | $0.161 | OrdinaryDividend |
Sep 22, 2023 | $0.098 | OrdinaryDividend |
Jun 27, 2023 | $0.230 | OrdinaryDividend |