FEMU
•
Equity
FIRST TRUST EMERGING MARKETS ALPHADEX® UCITS ETF
TER (bps):
80
AUM (USD m):
13
ISIN:
IE00B8X9NX34
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Emerging Markets
As of:
18 Nov 2024
Climate Fund:
No
Benchmark
The NASDAQ AlphaDEX Emerging Markets Index employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ Emering Markets Index. The AlphaDEX methodology is an investment process that seeks to produce similar correlation and risk characteristics as broad market indexes while seeking outperformance due to stock selection and weighting. The Index uses fundamental growth and value factors to select stocks and it is a modified equal-weighted index where higher ranked stocks receive a higher weight.
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