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FEMS ETF · First Trust Emerging Markets Small Cap AlphaDEX Fund ETF
The FEMS Exchange Traded Fund (ETF) is provided by First Trust. It is built to track an index: NASDAQ AlphaDEX Emerging Markets Small Cap Index. The FEMS ETF provides physical exposure, so by buying it you actually own parts of all the underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofEM Small Cap1M perf.-1.12%
Last price
$46.25
1M perf.
-3.85%
1M flows
N/A
AuM
€222M
TER
0.8%
Rating
ESG Consensus®
FEMS
$46.25
Performance & flows
Segment for quartile rank
March 12, 2026 → June 12, 2026
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FEMS
$46.29
+2.09%
EM Small Cap
+7.96%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -3.85%  | +2.09% | +18.64% | +43.08% | +23.50% | -2.01% | +2.25% | +9.53% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
6/12/2026
$46.29
1D NAV change
+0.47%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
N/A
Inception date
2/15/2012
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
The First Trust Emerging Markets Small Cap AlphaDEX® Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an equity index called the NASDAQ AlphaDEX® Emerging Markets Small Cap Index. The NASDAQ AlphaDEX® Emerging Markets Small Cap Index is an "enhanced" index created and administered by Nasdaq, Inc. ("Nasdaq") which employs the AlphaDEX® stock selection methodology to select stocks from the NASDAQ Emerging Markets Index that meet certain criteria.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +2.09% | +18.64%  | +43.08% | +23.50% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
Unavailable
100.00%
Sectors
Unavailable
100.00%
Diversification
This fund does not provide direct exposure to underlying securities.
Top 15 holdings
0
This fund does not provide direct exposure to underlying securities
More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Replication
Trackinsight replication rating:
1-year trailing difference
As of May 29, 2026
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FEMS
N/A
Replication quality
Calculated over 12m, as of May 29, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model
Issuer
First Trust
First Trust ID Card
Number of funds
411
Total AuM
€239.68B
Expense ratio range
0.15% - 12.44%
Average expense ratio
0.8001%
Top 5 funds by First Trust
| AuM | ||
|---|---|---|
RDVY | First Trust NASDAQ Rising Dividend Achievers ETF | €20.28B |
CIBR | First Trust NASDAQ Cybersecurity ETF | €11.24B |
GRID | First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF | €9.69B |
SDVY | First Trust SMID Cap Rising Dividend Achievers ETF | €9.59B |
AIRR | First Trust RBA American Industrial Renaissance ETF | €9.25B |
Frequently asked questions about FEMS
What does First Trust Emerging Markets Small Cap AlphaDEX Fund ETF, FEMS, invest in?
FEMS is a Passive ETF. This ETF provides exposure to Other Small Cap Emerging markets Equities.
Which benchmark or index does FEMS replicate?
FEMS tracks the NASDAQ AlphaDEX Emerging Markets Small Cap NTR Index - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of FEMS?
FEMS carries a total expense ratio (TER) of 0.8%, indicating the annual cost for holding the fund.
When was FEMS launched?
FEMS was introduced to the market on February 15, 2012. It trades on United States
Who is the ETF issuer of FEMS?
First Trust Emerging Markets Small Cap AlphaDEX Fund ETF, FEMS, is provided by First Trust. Learn more about First Trust here.
What is the current assets under management (AUM) of FEMS?
FEMS oversees €222M in assets as of June 12, 2026.
How has FEMS performed lately?
Based on data from June 12, 2026, FEMS returned -3.85% over the past month, 2.09% over the last three months and 9.53% year-to-date.
What are the latest inflows or outflows for FEMS?
As of June 12, 2026, FEMS recorded net flows of -€5.8M year-to-date.
Does FEMS distribute dividends?
FEMS follows a distributing dividend policy, meaning it pays out income to investors. As of June 12, 2026, its 12-month trailing yield was 4.33%.
What is the base currency of FEMS?
The base currency of FEMS is USD.
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