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Sunday, August 23, 2026The Morning Brief →Sign in
FEMFIRST TRUST EMERGING MARKETS ALPHADEX FUND

FIRST TRUST EMERGING MARKETS ALPHADEX FUND

$32.88+1.00% today
263452-WK
Price & daily flows
32.029.827.632.88DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +18.2% so far this year.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$429Massets under management
expense ratio
net flow, trailing month
96Kavg daily volume, 30 days
157holdings · US-domiciled
2024listed January 15, 2024 · beta 1.12
Sector weights
Other88.87%
Finance22.45%
Industrials20.83%
Financial Services18.79%
Financials18.23%
Energy15.4%
Consumer Discretionary15.18%
Energy Minerals13.44%
Materials11.39%
Basic Materials10.66%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Other85.11%
China27.47%
Turkey15.71%
India11.15%
Brazil9.68%
Taiwan, Province of China8.54%
Russian Federation7.42%
Taiwan7.15%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+1.5%
1 month+4.4%
3 months+0.8%
6 months+7.3%
YTD+18.2%
1 year+22.9%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
20%realized volatility, 30 days (annualized)
21%realized volatility, 1 year
-11.4%deepest fall from a peak, 1 year
-2.5%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
82Kshares traded
The case against FEM

Due diligence cuts both ways. These funds sit on the same shelf and beat FEM on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
FLOW Global X U.S. Cash Flow Kings 100 ETF0.25%$4132.70T9640287× the assetsHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M451× the assets · +$631M in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B375× the assets · +$1.9B in over the monthHead-to-head
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M76× the assets · +$104M in over the monthHead-to-head
EFV iShares MSCI EAFE Value ETF0.34%$31.4B+$2.8B73× the assets · +$2.8B in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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