Emerging Markets Equity Select ETF (RNEM US)
RNEM US$55.23
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 55.23
- Change
- ▼ -0.38 (-0.69)
- Bid / Ask
- 27.68 - 83.02
- Volume
- 118
- Turnover
- 5,672
- Open
- 55.29
- Day Range
- 55.29 - 55.29
- VWAP
- 56.72
- Prev Close
- 55.61
- Last Trade
- 29/10 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$17.0M
OCT 2026
Distributions
Quarterly
Since inception
9.4 yrs
JUN 2017
- Legal name
- First Trust Emerging Markets Equity Select ETF
- Issuer
- First Trust
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Index fund
- Morningstar category
- Diversified Emerging Mkts
- Category index
- MSCI EM NR USD
- Benchmark
- MSCI EM NR USD
- ETF net assets
- $17.0M
- Units on issue
- 300,002
- Management fee
- 0.75% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 20 JUN 2017
- Listed
- 21 JUN 2017
- Index provider
- MSCI Inc.
Objective and strategy
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Emerging Markets TM Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any investment borrowings) in the securities that comprise the index. The Base index is a float adjusted market capitalization index designed to track the performance of securities in the index that comprise the Large Mid-cap segment of securities in countries which are designated as Emerging Markets.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 2.15%Non-US equity 97.26%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.41 | 99.41 | 0.00 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | 0.59 | 0.72 | 0.13 |
| Other | 0.00 | 0.00 | 0.00 |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 69.82%Sensitive 16.97%Defensive 13.20%
- Financial Services
- 42.00%
- Basic Materials
- 17.29%
- Consumer Cyclical
- 9.68%
- Energy
- 6.98%
- Consumer Defensive
- 5.49%
- Communication Services
- 5.25%
- Industrials
- 4.63%
- Utilities
- 4.07%
- Healthcare
- 3.64%
- Real Estate
- 0.86%
- Technology
- 0.12%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 19.96%Emerging markets 80.04%
- Asia Emerging
- 51.21%
- Latin America
- 19.63%
- Asia Developed
- 17.66%
- Europe Emerging
- 4.97%
- Africa / Middle East
- 4.22%
- North America
- 2.16%
- United Kingdom
- 0.15%
- Europe Developed
- 0.00%
- Japan
- 0.00%
- Australasia
- 0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- India
- 31.19%
- Taiwan
- 17.66%
- Brazil
- 12.36%
- China
- 12.03%
- Mexico
- 5.26%
- South Africa
- 4.22%
- Thailand
- 3.56%
- Poland
- 2.72%
- United States
- 2.16%
- Malaysia
- 1.97%
- Indonesia
- 1.46%
- Chile
- 1.18%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Large Value
Size score
262
Small
Mid
Large
Value-growth score
86
Value
Blend
Growth
Economic moat
Narrow 60%None 37%Wide 3%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 29.50%
- Large
- 46.01%
- Mid
- 23.94%
- Small
- 0.47%
- Micro
- 0.09%
Giant 30%Large 46%Mid 24%Small 0%Micro 0%
- Average market cap
- $21.30B
- Number of holdings
- 293
- Shares held
- 271
Portfolio statistics · 22 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 13.29
- Price / book
- 1.49
- Price / sales
- 1.54
- Price / cash flow
- 8.30
- Dividend yield
- 3.30%
- Assets in top 10
- 25.37%
- Return on equity
- 16.46%
- Net margin
- 21.02%
- Earnings growth (3 yr)
- 11.61%
Top holdings · top 10 = 25.82% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| Novatek Microelectronics Corp 3034 | 4.18 | OCT 2025 | 694,458 | TWD | 40,484 | Technology | Taiwan | |
| Titan Co Ltd TITAN | 3.33 | OCT 2025 | 552,149 | INR | 11,535 | Consumer Cyclical | India | |
| ANTA Sports Products Ltd 02020 | 2.82 | APR 2026 | 468,075 | HKD | 49,800 | Consumer Cyclical | China | |
| Tencent Holdings Ltd 00700 | 2.58 | OCT 2024 | 428,446 | HKD | 7,800 | Communication Services | China | |
| Reliance Industries Ltd RELIANCE | 2.29 | OCT 2023 | 380,920 | INR | 30,752 | Energy | India | |
| Tata Consultancy Services Ltd TCS | 2.23 | AUG 2017 | 370,072 | INR | 17,294 | Technology | India | |
| UltraTech Cement Ltd 532538 | 2.22 | OCT 2025 | 369,287 | INR | 3,230 | Basic Materials | India | |
| Shree Cement Ltd 500387 | 2.12 | APR 2025 | 351,635 | INR | 1,508 | Basic Materials | India | |
| Pidilite Industries Ltd PIDILITIND | 2.12 | APR 2020 | 351,493 | INR | 22,990 | Basic Materials | India | |
| Kotak Mahindra Bank Ltd KOTAKBANK | 1.93 | APR 2026 | 319,688 | INR | 73,465 | Financial Services | India |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-2.2
3M
2.2
6M
4.2
YTD
1.5
1Y
4.6
3Y
7.7
5Y
5.5
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -2.21 | -2.34 | -2.15 | 83 / 742 |
| 3 months | 2.25 | 1.23 | 2.44 | 13 / 739 |
| 6 months | 4.22 | 6.40 | 4.62 | 94 / 735 |
| Year to date | 1.50 | 1.12 | 2.08 | 97 / 731 |
| 1 year | 4.64 | 4.18 | 5.43 | 96 / 724 |
| 3 years p.a. | 7.67 | 7.41 | 8.48 | 98 / 689 |
| 5 years p.a. | 5.50 | 5.33 | 6.30 | 79 / 629 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2018
-9.6
2019
13.2
2020
-7.2
2021
5.5
2022
-8.1
2023
22.6
2024
-0.7
2025
15.0
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 15.04 | 12.59 | 93 / 751 |
| 2024 | -0.65 | -3.97 | 91 / 787 |
| 2023 | 22.55 | 20.58 | 6 / 816 |
| 2022 | -8.13 | -10.79 | 3 / 816 |
| 2021 | 5.52 | 2.23 | 25 / 791 |
| 2020 | -7.25 | -9.96 | 99 / 796 |
| 2019 | 13.22 | 10.06 | 83 / 835 |
| 2018 | -9.64 | -11.55 | 5 / 836 |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | -6.03 | -5.37 | -1.89 | — |
| Beta | 0.46 | 0.58 | 0.63 | — |
| R-squared | 54.05 | 56.84 | 67.01 | — |
| Standard deviation | 11.04 | 10.20 | 11.89 | — |
| Sharpe ratio | 0.12 | 0.33 | 0.18 | — |
| Sortino ratio | 0.16 | 0.47 | 0.25 | — |
| Tracking error | 12.21 | 8.74 | 8.88 | — |
| Information ratio | -1.26 | -1.47 | -0.46 | — |
| Upside capture % | 37.48 | 49.69 | 61.49 | — |
| Downside capture % | 54.92 | 70.25 | 64.06 | — |
| Maximum drawdown % | -7.27 | -8.56 | -17.21 | — |
Measured against MSCI ACWI Ex USA NR USD with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
65.1
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Tracking volatility
- 2.357
- Est. holding cost %
- 0.980
- Market impact cost %
- 0.551
- Best quarter
- 15.52% · DEC 2020
- Worst quarter
- -27.71% · MAR 2020
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.75% p.a.
- PDS dated
- 3 AUG 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.6346
- Ex Date
- 24 SEP 2026
- Record Date
- 24 SEP 2026
- Pay Date
- 30 SEP 2026
- NAV at ex date
- 55.61
- Paid this year
- 0.9827
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
1.2
2023
1.7
2022
0.8
2021
1.3
2020
1.5
2019
1.4
2018
1.5
2017
1.0
2016
0.7
| Year | Per unit ($) |
|---|---|
| 2024 | 1.2012 |
| 2023 | 1.6986 |
| 2022 | 0.8415 |
| 2021 | 1.2732 |
| 2020 | 1.5363 |
| 2019 | 1.4060 |
| 2018 | 1.4989 |
| 2017 | 1.0254 |
| 2016 | 0.6684 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 24 SEP 2026 | 0.6346 |
| 25 JUN 2026 | 0.3481 |
| 12 DEC 2025 | 0.3324 |
| 25 SEP 2025 | 0.6253 |
| 26 JUN 2025 | 0.2435 |
| 13 DEC 2024 | 0.9824 |
| 26 SEP 2024 | 0.5733 |
| 27 JUN 2024 | 0.1429 |
| 22 DEC 2023 | 0.0623 |
| 22 SEP 2023 | 0.6049 |
| 27 JUN 2023 | 0.1743 |
| 23 DEC 2022 | 0.0537 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Low
ESG risk score
23.00
Negligible
Low
Medium
High
Severe
Category average 20.31
- Rank in category
- 90th percentile of 1,774 funds
- Environmental risk
- 6.69
- Social risk
- 8.43
- Governance risk
- 7.15
- Portfolio covered
- 99.2%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 0.46%
- Low
- 40.13%
- Medium
- 42.68%
- High
- 12.42%
- Severe
- 4.31%
0.51% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
12.00
Low
Medium
High
Severe
Category average 8.92
- Carbon risk
- Medium Risk
- Rank in category
- 92nd percentile of 817 funds
- Fossil fuel involvement
- 12.60%
- Category average
- 7.28%
- Low Carbon Designation
- No
- Portfolio covered
- 99.2%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Roger F. Testin
- Daniel J. Lindquist
- Jon C. Erickson
- David G. McGarel
- Stan Ueland
- Chris A. Peterson
- Erik Russo
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 7
- Average tenure
- 8.8 years
- Longest tenure
- 9.3 years
- Longest serving
- Roger F. Testin, Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Stan Ueland, Chris A. Peterson · since 20 JUN 2017
- Most recent appointment
- Erik Russo · since 31 DEC 2020
- Managed since
- 20 JUN 2017
- Other funds managed
- 189
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
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