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Emerging Markets Equity Select ETF
ETF
RNEM
Payout Change
Pending
Price as of:
$51.06
-0.26
-0.5%
primary theme
Emerging Markets Equity
RNEM (ETF)
Emerging Markets Equity Select ETF
Payout Change
Pending
Price as of:
$51.06
-0.26
-0.5%
primary theme
Emerging Markets Equity
RNEM (ETF)
Emerging Markets Equity Select ETF
Payout Change
Pending
Price as of:
$51.06
-0.26
-0.5%
primary theme
Emerging Markets Equity
Name
As of 04/24/2024Price
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
-1.1%
1 yr return
14.4%
3 Yr Avg Return
3.3%
5 Yr Avg Return
2.6%
Net Assets
$18.1 M
Holdings in Top 10
25.4%
52 WEEK LOW AND HIGH
$51.3
$45.90
$52.44
Expenses
OPERATING FEES
Expense Ratio 0.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 72.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/24/2024Price
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
RNEM - Profile
Distributions
- YTD Total Return -1.1%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 2.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.30%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameEmerging Markets Equity Select ETF
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateJun 20, 2017
-
Shares Outstanding200002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Lindquist
Fund Description
The Fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is owned and was developed and sponsored by Nitrogen Wealth, Inc. (the “Index Provider”). The Index Provider is a financial technology company that develops platforms to capture quantitative measurements of client and portfolio risk for investment advisors. The Index Provider has retained Nasdaq, Inc. to calculate and maintain the Index. Nasdaq, Inc. may, from time to time, exercise reasonable discretion as it deems appropriate in order to ensure Index integrity.The Index is designed to select low volatility securities issued by companies operating in emerging market countries. According to the Index Provider, to be eligible for inclusion in the Index, a security must be a constituent of the Nasdaq Emerging Markets Large Mid CapTM Index (the “Base Index”) and meet a minimum three-month average daily dollar trading volume threshold. The Base Index is a comprehensive, rules-based index designed to measure stock market performance of companies operating in emerging market countries, as determined by Nasdaq, Inc. Nasdaq, Inc. classifies a country as “emerging” based on a number of criteria, including national income per capita, national market capitalization and national trading volume. Emerging market countries are generally characterized by lower market efficiency and less strict standards in accounting and securities regulation than developed market countries. Nasdaq, Inc. classifies a company as operating in a country primarily by its country of incorporation, domicile and primary exchange listing. The Index may include securities that are denominated in non-U.S. currencies. The Index may be composed of, but not limited to, common stocks, depositary receipts, preferred shares and real estate investment trusts (“REITs”).According to the Index Provider, security selection for the Index will be conducted in the following manner:1.The selection universe for the Index begins with all eligible securities in the Base Index.2.The Base Index’s industry weights are calculated and assigned to the Index.3.Securities are then ranked by trailing twelve month price volatility, a measure of the security’s volatility over the preceding year, within their respective countries.4.The 25 securities with the lowest volatility from each country are selected for inclusion in the Index. If fewer than 25 securities qualify from a particular country, all securities are selected from that country for inclusion in the Index.5.Securities within the same country and industry are equally weighted and then adjusted so that no security weight exceeds 3% of the Index.The Index is rebalanced and reconstituted semi-annually 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. As of June 30, 2023, the Index was composed of 240 securities with market capitalization ranges from $1.46 billion to $225.49 billion. As of June 30, 2023 the Fund had significant investments in financial companies, information technology companies, Indian issuers, Taiwanese 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 June 30, 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. In order to gain exposure to certain Chinese companies that are included in the Index but are unavailable to direct investment by foreign investors, the Fund invests significantly in non-Chinese shell companies that have created structures known as variable interest entities (“VIEs”) in order to gain exposure to such Chinese companies.
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RNEM - Performance
Return Ranking - Trailing
| Period | RNEM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.1% | -9.6% | 11.2% | 83.88% |
| 1 Yr | 14.4% | -9.4% | 31.2% | 16.82% |
| 3 Yr | 3.3%* | -24.1% | 7.4% | 3.75% |
| 5 Yr | 2.6%* | -7.8% | 10.8% | 37.50% |
| 10 Yr | N/A* | -3.1% | 6.2% | 72.51% |
* Annualized
Return Ranking - Calendar
| Period | RNEM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.3% | -6.5% | 35.5% | 4.34% |
| 2022 | -11.5% | -50.1% | -2.4% | 1.40% |
| 2021 | 2.9% | -33.1% | 22.5% | 16.54% |
| 2020 | -11.2% | -22.1% | 80.1% | 99.54% |
| 2019 | 9.4% | -0.7% | 42.0% | 93.77% |
Total Return Ranking - Trailing
| Period | RNEM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.1% | -9.6% | 11.2% | 83.88% |
| 1 Yr | 14.4% | -9.4% | 31.2% | 16.82% |
| 3 Yr | 3.3%* | -24.1% | 7.4% | 3.75% |
| 5 Yr | 2.6%* | -7.8% | 10.8% | 37.50% |
| 10 Yr | N/A* | -3.1% | 6.2% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | RNEM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 23.4% | -2.7% | 42.0% | 4.07% |
| 2022 | -8.7% | -42.2% | 1.9% | 1.40% |
| 2021 | 6.1% | -32.5% | 33.1% | 17.28% |
| 2020 | -8.2% | -20.0% | 81.6% | 99.54% |
| 2019 | 12.8% | 2.3% | 42.0% | 93.61% |
RNEM - Holdings
Concentration Analysis
| RNEM | Category Low | Category High | RNEM % Rank | |
|---|---|---|---|---|
| Net Assets | 18.1 M | 682 K | 103 B | 92.09% |
| Number of Holdings | 256 | 10 | 7049 | 26.01% |
| Net Assets in Top 10 | 9.19 M | 118 K | 19.2 B | 89.28% |
| Weighting of Top 10 | 25.45% | 0.7% | 122.2% | 76.24% |
Top 10 Holdings
- Synnex Technology International Corp 3.19%
- HDFC Bank Ltd 3.10%
- Reliance Industries Ltd 3.05%
- Kotak Mahindra Bank Ltd 3.04%
- ICICI Bank Ltd 2.90%
- Wipro Ltd 2.51%
- 3SBio Inc 2.36%
- Tata Consultancy Services Ltd 2.33%
- Pidilite Industries Ltd 1.58%
- UltraTech Cement Ltd 1.40%
Asset Allocation
| Weighting | Return Low | Return High | RNEM % Rank | |
|---|---|---|---|---|
| Stocks | 98.20% | 0.00% | 103.65% | 26.94% |
| Preferred Stocks | 2.11% | 0.00% | 10.09% | 24.93% |
| Other | 0.00% | -1.64% | 50.31% | 65.15% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 57.35% |
| Cash | 0.00% | -2.03% | 99.29% | 97.32% |
| Bonds | 0.00% | 0.00% | 94.30% | 62.06% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RNEM % Rank | |
|---|---|---|---|---|
| Financial Services | 28.32% | 0.00% | 48.86% | 8.82% |
| Technology | 19.44% | 0.00% | 47.50% | 71.10% |
| Basic Materials | 12.56% | 0.00% | 30.03% | 10.04% |
| Consumer Defense | 8.47% | 0.00% | 25.90% | 24.83% |
| Energy | 8.30% | 0.00% | 24.80% | 10.31% |
| Consumer Cyclical | 4.87% | 0.00% | 48.94% | 97.01% |
| Industrials | 4.72% | 0.00% | 43.53% | 70.83% |
| Communication Services | 4.40% | 0.00% | 39.29% | 85.35% |
| Real Estate | 3.19% | 0.00% | 17.15% | 17.23% |
| Healthcare | 3.01% | 0.00% | 16.53% | 65.81% |
| Utilities | 2.71% | 0.00% | 39.12% | 29.04% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RNEM % Rank | |
|---|---|---|---|---|
| Non US | 97.93% | 0.00% | 100.18% | 3.49% |
| US | 0.27% | 0.00% | 101.58% | 95.71% |
RNEM - Expenses
Operational Fees
| RNEM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.75% | 0.03% | 24.48% | 86.00% |
| Management Fee | 0.75% | 0.00% | 2.00% | 27.79% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 7.89% |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| RNEM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| RNEM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
| RNEM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 72.00% | 0.00% | 189.00% | 72.37% |
RNEM - Distributions
Dividend Yield Analysis
| RNEM | Category Low | Category High | RNEM % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.49% | 0.00% | 10.26% | 54.83% |
Dividend Distribution Analysis
| RNEM | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annual |
Net Income Ratio Analysis
| RNEM | Category Low | Category High | RNEM % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.30% | -1.98% | 17.62% | 4.45% |
Capital Gain Distribution Analysis
| RNEM | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 29, 2023 | $0.062 | OrdinaryDividend |
| Sep 29, 2023 | $0.605 | OrdinaryDividend |
| Jun 30, 2023 | $0.174 | OrdinaryDividend |
| Dec 30, 2022 | $0.054 | OrdinaryDividend |
| Sep 30, 2022 | $0.899 | OrdinaryDividend |
| Jun 30, 2022 | $0.321 | OrdinaryDividend |
| Sep 30, 2021 | $0.843 | OrdinaryDividend |
| Jun 30, 2021 | $0.693 | OrdinaryDividend |
| Dec 31, 2020 | $0.329 | OrdinaryDividend |
| Sep 30, 2020 | $0.774 | OrdinaryDividend |
| Jun 30, 2020 | $0.274 | OrdinaryDividend |
| Mar 31, 2020 | $0.030 | OrdinaryDividend |
| Dec 31, 2019 | $0.103 | OrdinaryDividend |
| Sep 30, 2019 | $1.033 | OrdinaryDividend |
| Jun 28, 2019 | $0.200 | OrdinaryDividend |
| Mar 29, 2019 | $0.163 | OrdinaryDividend |
| Dec 31, 2018 | $0.123 | OrdinaryDividend |
| Mar 29, 2018 | $0.007 | OrdinaryDividend |
| Sep 29, 2017 | $0.566 | OrdinaryDividend |
RNEM - Fund Manager Analysis
Managers
Daniel Lindquist
Start Date
Tenure
Tenure Rank
Jun 20, 2017
4.95
5.0%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
David McGarel
Start Date
Tenure
Tenure Rank
Jun 20, 2017
4.95
5.0%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Chris Peterson
Start Date
Tenure
Tenure Rank
Jun 20, 2017
4.95
5.0%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Roger Testin
Start Date
Tenure
Tenure Rank
Jun 20, 2017
4.95
5.0%
Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.
Jon Erickson
Start Date
Tenure
Tenure Rank
Jun 20, 2017
4.95
5.0%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
Stan Ueland
Start Date
Tenure
Tenure Rank
Jun 20, 2017
4.95
5.0%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Erik Russo
Start Date
Tenure
Tenure Rank
Dec 31, 2020
1.41
1.4%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.54 | 13.42 |
