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First Trust Emerging Markets Sc Alphadex
First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) is an exchange-traded fund (ETF) that seeks to track the performance of the Ellenberger Emerging Markets Small Cap AlphaDEX Index. The fund invests in small-capitalization companies located in emerging markets around the world.
As of November 2021, the fund's top holdings include companies in China, Taiwan, and South Korea, and its top sectors include financials, information technology, and consumer discretionary.
When it comes to financial performance, FEMS has had a relatively strong year-to-date return, outperforming some of its peers in the emerging markets ETF space. Its net asset value (NAV) is currently around $22.50 per share, as of November 18, 2021.
It's important to note that past performance is not indicative of future performance and investing in emerging markets can be volatile and riskier than investing in developed markets.
FEMS has an expense ratio of 0.83% which is bit high than other similar funds. The fund paid out a distribution yield of around 2.62% as of September 30, 2021.
As for earnings, it's important to remember that FEMS is an ETF and not a corporation, so it doesn't generate earnings in the same way a corporation does. Instead, its returns are driven by the performance of the underlying securities in its portfolio.
It's always recommended that potential investors consult with a financial advisor or conduct their own thorough research before making any investment decisions.