First Trust Emerging Markets Small Cap AlphaDEX Fund
ALTAR
Score™		 13.8% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 8.3x P/Sales
ratio		 0.7x
P/BV
ratio		 1.0x Div.
yield		 3.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Emerging Markets Small Cap AlphaDEX Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the Defined Emerging Markets Small Cap Index.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Feb 15, 2012
Assets (mns) $273
Currency USD
Expense ratio 80 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Tiered
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 224
Wgt avg mkt cap (mns) $19,615
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 33.7%
Small cap (<$2bn) 64.0%
Developed mkts 15.2%
Emerging mkts 84.8%

TOP TEN HOLDINGS
CHINA ZHONGWANG HOLDINGS LTD 3.9 %
YAZICILAR HOLDING AS-A 2.6 %
XD, INC. 1.5 %
GUAN CHONG BHD 1.4 %
NEWBORN TOWN INC 1.2 %
INDAH KIAT PULP & PAPER PT 1.1 %
Q TECHNOLOGY (GROUP) CO. LTD. 1.1 %
MEITU, INC 1.1 %
COGNA EDUCACAO S.A. 1.0 %
REGIONAL CONTAINER LINES PCL 1.0 %
Total 15.9 %

TOP COUNTRY EXPOSURE
CHINA 25.1 %
BRAZIL 16.1 %
TURKEY 9.6 %
INDONESIA 7.4 %
TAIWAN 6.8 %
SOUTH AFRICA 5.5 %
THAILAND 3.5 %
MEXICO 3.3 %
POLAND 3.2 %
CHILE 2.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
10.9% 5.3% 8.3% 7.4% 6.0%

Market Correlations
versus... Beta R-squared
S&P500 0.56 33%
MSCI EAFE 0.60 42%
MSCI Emg. Mkts. 0.66 55%

Technical Indicators
Recent close $43.62
30d moving avg. $42.06
Annualized volatility 14.9%
Short interest (ETF) 0.4%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 22
Turnover 0.4%
Bid/Ask (% of price) 0.64%
ADV underlying (mns) $1,234

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 214 potential alternatives to the First Trust Emerging Markets Small Cap AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FEMS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FEMS Expense: 80 bp ALTAR Score™: 13.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FEMS
Ticker Fund
Name		 Overlap1
vs FEMS
(%)		 Expense
ratio
(bp)		 Savings
vs FEMS
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FEMS
(%)
ECNS iShares MSCI China Small-Cap ETF 14.5 59 21 8.0 -5.8
BRF VanEck Brazil Small-Cap ETF 13.0 66 14 11.3 -2.5
EWZS iShares MSCI Brazil Small-Cap ETF 11.1 59 21 10.1 -3.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 10.4 58 22 9.8 -4.0
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 9.6 90 -10 7.0 -6.8
AVEE Avantis Emerging Markets Small Cap Equity ETF 8.9 42 38 9.7 -4.1
TUR iShares MSCI Turkey ETF 8.8 58 22 17.0 +3.2
EWX SPDR S&P Emerging Markets Small Cap ETF 8.5 65 15 7.8 -6.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 8.2 70 10 7.8 -6.0
EYLD Cambria Emerging Shareholder Yield ETF 6.5 66 14 12.3 -1.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 6.3 59 21 9.0 -4.8
DVYE iShares Emerging Markets Dividend ETF 6.3 49 31 18.5 +4.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 6.0 44 36 10.7 -3.2
SDIV Global X Superdividend ETF 5.6 58 22 41.3 +27.5
IDX VanEck Indonesia Index ETF 5.4 57 23 7.2 -6.6
EIDO iShares MSCI Indonesia ETF 5.3 59 21 8.1 -5.7
AVES Avantis Emerging Markets Value ETF 5.1 36 44 11.1 -2.7
DEM WisdomTree Emerging Markets High Dividend Fund 4.8 63 17 13.3 -0.5
VIDI Vident International Equity Strategy ETF 4.6 61 19 10.9 -2.9
AVXC Avantis Emerging Markets Ex-China Equity ETF 3.5 33 47 8.8 -5.0
GVAL Cambria Global Value ETF 3.3 68 12 10.5 -3.3
EPOL iShares MSCI Poland ETF 3.3 59 21 11.3 -2.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 3.3 53 27 7.9 -5.9
ECOW Pacer Emerging Markets Cash Cows 100 ETF 3.2 70 10 13.1 -0.7
AVEM Avantis Emerging Markets Equity ETF 3.2 33 47 8.8 -5.0
EWW iShares MSCI Mexico ETF 3.1 50 30 10.2 -3.6
DFEV Dimensional Emerging Markets Value ETF 2.9 43 37 13.4 -0.4
FDEM Fidelity Emerging Markets Multifactor ETF 2.8 25 55 13.0 -0.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 2.8 38 42 9.3 -4.5
AVSE Avantis Responsible Emerging Markets Equity ETF 2.8 33 47 8.6 -5.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 2.7 45 35 10.7 -3.1
ECH iShares MSCI Chile ETF 2.6 58 22 8.5 -5.3
FEOE First Eagle Overseas Equity ETF 2.6 79 1 8.0 -5.8
FLLA Franklin FTSE Latin America ETF 2.6 19 61 12.9 -0.9
OBOR KraneShares MSCI One Belt One Road Index ETF 2.5 79 1 9.0 -4.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.5 95 -15 11.8 -2.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 2.4 41 39 8.7 -5.1
FCA First Trust China AlphaDEX Fund 2.4 80 0 8.3 -5.5
XCNY SPDR S&P Emerging Markets ex-China ETF 2.4 15 65 7.8 -6.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 2.4 50 30 11.1 -2.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 2.4 8 72 6.1 -7.7
FLBR Franklin FTSE Brazil ETF 2.3 19 61 14.5 +0.6
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.1 88 -8 8.9 -4.9
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 2.1 39 41 16.5 +2.7
ROAM Hartford Multifactor Emerging Markets ETF 2.0 44 36 12.2 -1.6
CGV Conductor Global Equity Value ETF 1.8 130 -50 8.3 -5.5
EWZ iShares MSCI Brazil ETF 1.7 58 22 13.2 -0.6
DFAE Dimensional Emerging Core Equity Market ETF 1.7 35 45 9.4 -4.4
SPEM SPDR Portfolio Emerging Markets ETF 1.7 7 73 10.7 -3.1
IEMG iShares Core MSCI Emerging Markets ETF 1.6 9 71 10.6 -3.2
CGW Invesco S&P Global Water Index ETF 1.6 57 23 4.6 -9.2
RODE Hartford Multifactor Diversified International ETF 1.6 29 51 11.4 -2.4
VWO Vanguard FTSE Emerging Markets ETF 1.5 7 73 10.3 -3.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.5 60 20 10.8 -3.0
EFRA iShares Environmental Infrastructure and Industrials ETF 1.5 47 33 5.1 -8.7
ESPO VanEck Video Gaming and eSports ETF 1.5 56 24 3.9 -9.9
HERO Global X Video Games & Esports ETF 1.5 50 30 3.8 -10.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.5 32 48 16.1 +2.3
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 1.5 10 70 8.0 -5.8
BLDG Cambria Global Real Estate ETF 1.5 60 20 11.5 -2.3
EMMF WisdomTree Emerging Markets Multifactor Fund 1.4 48 32 7.5 -6.3
EMGF iShares Emerging Markets Equity Factor ETF 1.4 25 55 11.9 -2.0
VNQI Vanguard Global ex-U.S. Real Estate ETF 1.4 12 68 8.1 -5.7
FLMX Franklin FTSE Mexico ETF 1.4 19 61 10.5 -3.3
SOCL Global X Social Media ETF 1.4 65 15 8.9 -4.9
ION ProShares S&P Global Core Battery Metals ETF 1.3 58 22 9.7 -4.1
ICLN iShares Global Clean Energy ETF 1.3 41 39 5.2 -8.6
GXC SPDR S&P China ETF 1.3 59 21 15.4 +1.6
CUT Invesco MSCI Global Timber ETF 1.3 61 19 10.3 -3.5
XC WisdomTree Emerging Markets Ex-China Fund 1.3 32 48 6.3 -7.5
ODDS Pacer BlueStar Digital Entertainment ETF 1.2 60 20 2.1 -11.7
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.2 67 13 13.6 -0.3
PXH Invesco FTSE RAFI Emerging Markets ETF 1.2 49 31 15.9 +2.1
ARGT Global X MSCI Argentina ETF 1.1 59 21 4.5 -9.3
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 19 1.5 -12.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.1 32 48 7.0 -6.8
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.1 61 19 -2.0 -15.8
FLTW Franklin FTSE Taiwan ETF 1.1 19 61 6.8 -7.0
KGRN KraneShares MSCI China Clean Technology Index ETF 1.0 79 1 0.4 -13.5
SCHE Schwab Emerging Markets Equity ETF 1.0 11 69 11.1 -2.7
IWTR iShares MSCI Water Management Multisector ETF 1.0 47 33 5.8 -8.0
GOEX Global X Gold Explorers ETF 1.0 65 15 3.3 -10.5
EDIV SPDR S&P Emerging Markets Dividend ETF 1.0 49 31 11.9 -1.9
BRAZ Global X Brazil Active ETF 1.0 75 5 12.6 -1.2
IPAV Global X Infrastructure Development ex-U.S. ETF 0.9 55 25 7.7 -6.1
PICK iShares MSCI Global Metals & Mining Producers ETF 0.9 39 41 12.7 -1.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.9 30 50 7.9 -5.9
COLO Global X MSCI Colombia ETF 0.8 62 18 16.8 +3.0
EWT iShares MSCI Taiwan ETF 0.8 58 22 6.7 -7.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.8 32 48 9.3 -4.5
GMF SPDR S&P Emerging Asia Pacific ETF 0.8 49 31 9.6 -4.2
RING iShares MSCI Global Gold Miners ETF 0.8 39 41 4.7 -9.1
NIKL Sprott Nickel Miners ETF 0.8 75 5 10.1 -3.7
FTAG First Trust Indxx Global Agriculture ETF 0.8 70 10 8.2 -5.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.8 35 45 18.6 +4.8
ESGE iShares ESG Aware MSCI EM ETF 0.8 25 55 10.4 -3.4
EPHE iShares MSCI Philippines ETF 0.8 59 21 0.0 -13.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.7 45 35 10.5 -3.3
FTRI First Trust Indxx Global Natural Resources Income ETF 0.7 70 10 7.6 -6.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.7 58 22 4.7 -9.1
COPX Global X Copper Miners ETF 0.7 65 15 7.6 -6.2
FRDM Freedom 100 Emerging Markets ETF 0.7 49 31 8.5 -5.3
IQDF FlexShares International Quality Dividend Index Fund 0.7 47 33 8.9 -4.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.7 47 33 8.4 -5.4
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 41 11.0 -2.8
AFK VanEck Africa Index ETF 0.7 98 -18 12.0 -1.8
VEGI iShares MSCI Agriculture Producers ETF 0.6 39 41 8.6 -5.3
RNEM First Trust Emerging Markets Equity Select ETF 0.6 75 5 7.7 -6.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.6 30 50 9.2 -4.6
BKEM BNY Mellon Emerging Markets Equity ETF 0.6 11 69 10.2 -3.6
SMIN iShares MSCI India Small Cap ETF 0.6 79 1 4.1 -9.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 41 5.8 -8.1
FMET Fidelity Metaverse ETF 0.6 39 41 4.7 -9.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.6 15 65 8.1 -5.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.6 36 44 10.0 -3.8
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.6 29 51 9.2 -4.6
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.6 85 -5 8.7 -5.1
WOOD iShares Global Timber & Forestry ETF 0.6 42 38 12.0 -1.8
PBD Invesco Global Clean Energy ETF 0.5 75 5 -0.3 -14.1
FLCH Franklin FTSE China ETF 0.5 19 61 16.0 +2.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.5 72 8 -0.9 -14.7
BOTZ Global X Robotics & Artificial Intelligence ETF 0.5 69 11 2.4 -11.4
ERTH Invesco MSCI Sustainable Future ETF 0.5 62 18 3.7 -10.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.5 33 47 10.2 -3.6
VSGX Vanguard ESG International Stock ETF 0.5 10 70 7.7 -6.1
GDXJ VanEck Junior Gold Miners ETF 0.5 52 28 4.8 -9.0
IXUS iShares Core MSCI Total International Stock ETF 0.5 7 73 7.9 -5.9
FLAX Franklin FTSE Asia Ex Japan ETF 0.5 19 61 9.4 -4.4
JETS U.S. Global Jets ETF 0.5 60 20 2.6 -11.2
FPXI First Trust International Equity Opportunities ETF 0.5 70 10 4.2 -9.6
AQWA Global X Clean Water ETF 0.5 50 30 4.8 -9.0
XCEM Columbia EM Core ex-China ETF 0.5 16 64 8.4 -5.4
SCHC Schwab International Small-Cap Equity ETF 0.4 11 69 6.6 -7.2
VXUS Vanguard Total International Stock ETF 0.4 5 75 7.9 -5.9
JHEM John Hancock Multifactor Emerging Markets ETF 0.4 49 31 10.3 -3.5
EMXC iShares MSCI Emerging Markets ex China ETF 0.4 25 55 7.8 -6.0
RCGE RockCreek Global Equality ETF 0.4 95 -15 6.7 -7.1
EMC Global X Emerging Markets Great Consumer ETF 0.4 75 5 11.0 -2.8
GINN Goldman Sachs Innovate Equity ETF 0.4 52 28 3.7 -10.1
IPKW Invesco International BuyBack Achievers ETF 0.4 55 25 12.5 -1.3
DEHP Dimensional Emerging Markets High Profitability ETF 0.4 41 39 6.8 -7.0
EV Mast Global Battery Recycling & Production ETF 0.4 65 15 10.5 -3.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.4 45 35 4.0 -9.8
BATT Amplify Lithium & Battery Technology ETF 0.4 59 21 3.6 -10.2
ICOP iShares Copper and Metals Mining ETF 0.4 47 33 8.6 -5.2
COPA Themes Copper Miners ETF 0.4 35 45 5.9 -7.9
CQQQ Invesco China Technology ETF 0.4 70 10 12.2 -1.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.4 15 65 10.4 -3.4
IDRV iShares Self-driving EV & Tech ETF 0.4 47 33 1.8 -12.0
EEM iShares MSCI Emerging Markets ETF 0.4 69 11 10.5 -3.3
AVRE Avantis Real Estate ETF 0.4 17 63 7.1 -6.7
DFGR Dimensional Global Real Estate ETF 0.3 22 58 7.4 -6.4
BKF iShares MSCI BIC ETF 0.3 69 11 13.8 -0.0
VYMI Vanguard International High Dividend Yield ETF 0.3 17 63 9.5 -4.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.3 30 50 10.6 -3.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.3 25 55 6.6 -7.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.3 66 14 9.7 -4.1
REET iShares Global REIT ETF 0.3 14 66 7.4 -6.4
BCOR Grayscale Bitcoin Adopters ETF 0.3 59 21 2.5 -11.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 41 7.9 -5.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 38 7.2 -6.6
BJK VanEck Gaming ETF 0.3 65 15 3.9 -9.9
EWM iShares MSCI Malaysia ETF 0.3 50 30 6.9 -6.9
LDEM iShares ESG MSCI EM Leaders ETF 0.3 17 63 14.1 +0.3
EEMO Invesco S&P Emerging Markets Momentum ETF 0.3 29 51 6.6 -7.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 31 6.8 -7.0
VEU Vanguard FTSE All-World ex-US Index Fund 0.2 4 76 8.1 -5.7
DEW WisdomTree Global High Dividend Fund 0.2 58 22 8.4 -5.4
EMXF iShares ESG Advanced MSCI EM ETF 0.2 16 64 8.6 -5.2
EEMA iShares MSCI Emerging Markets Asia ETF 0.2 49 31 10.4 -3.4
GLOF iShares Global Equity Factor ETF 0.2 20 60 6.5 -7.3
FILL iShares MSCI Global Energy Producers ETF 0.2 39 41 11.6 -2.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.2 70 10 9.5 -4.3
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -9 4.8 -9.0
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 0.2 60 20 11.1 -2.7
NUEM Nuveen ESG Emerging Markets Equity ETF 0.2 36 44 8.0 -5.8
DMAT Global X Disruptive Materials ETF 0.2 59 21 7.8 -6.0
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.2 24 56 8.2 -5.6
VGSR Vert Global Sustainable Real Estate ETF 0.2 47 33 7.4 -6.5
VT Vanguard Total World Stock ETF 0.2 6 74 5.9 -8.0
EMIF iShares Emerging Markets Infrastructure ETF 0.2 60 20 5.0 -8.8
GII SPDR S&P Global Infrastructure ETF 0.2 40 40 4.7 -9.1
IGF iShares Global Infrastructure ETF 0.2 41 39 4.7 -9.1
AGNG Global X Aging Population ETF 0.2 50 30 4.9 -8.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.2 18 62 7.9 -5.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 71 5.7 -8.1
EPU iShares MSCI Peru and Global Exposure ETF 0.1 59 21 6.7 -7.1
MCHI iShares MSCI China ETF 0.1 59 21 17.7 +3.9
FAN First Trust Global Wind Energy ETF 0.1 60 20 4.5 -9.3
FRNW Fidelity Clean Energy ETF 0.1 39 41 3.3 -10.5
RNRG Global X Renewable Energy Producers ETF 0.1 66 14 5.5 -8.3
WNDY Global X Wind Energy ETF 0.1 50 30 5.6 -8.3
GGME Invesco Next Gen Media and Gaming ETF 0.1 60 20 4.2 -9.6
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 50 7.7 -6.1
IGRO iShares International Dividend Growth ETF 0.1 15 65 7.3 -6.6
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.1 86 -6 13.6 -0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 39 7.5 -6.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 46 7.8 -6.1
KALL KraneShares MSCI All China Index ETF 0.1 49 31 14.9 +1.1
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 57 8.2 -5.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 33 5.8 -8.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.1 46 34 9.9 -3.9
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 60 6.2 -7.6
VGK Vanguard FTSE Europe ETF 0.1 6 74 7.5 -6.3
SPEU SPDR Portfolio Europe ETF 0.1 7 73 7.4 -6.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 60 5.6 -8.2
VEA Vanguard FTSE Developed Markets ETF 0.0 3 77 7.2 -6.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 68 5.2 -8.6
ACWI iShares MSCI ACWI ETF 0.0 32 48 5.5 -8.3
VIGI Vanguard International Dividend Appreciation ETF 0.0 10 70 6.3 -7.5
VPL Vanguard FTSE Pacific ETF 0.0 7 73 6.8 -7.0
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 55 9.6 -4.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 35 8.8 -5.0
EPI WisdomTree India Earnings Fund 0.0 85 -5 5.3 -8.5

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 First Trust Emerging Markets Small Cap AlphaDEX Fund
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.7 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 13.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 CATEGORY
AVERAGE		 1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.