First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Feb 17, 2012
- CIK
- 0001510337
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before fees and expenses, of the Nasdaq AlphaDEX Emerging Markets Small Cap Index. The fund normally invests at least 90% of its net assets, including investment borrowings, in securities comprising the index, which employs the AlphaDEX stock selection methodology to target small-cap stocks from emerging market countries such as Taiwan, Indonesia, Brazil, South Africa, Turkey, and others; it holds approximately 204 securities across sectors including information technology, energy, materials, real estate, industrials, consumer discretionary, utilities, consumer staples, financials, communication services, and health care. Launched in 2012 and headquartered in Wheaton, Illinois under First Trust Advisors L.P., the fund provides diversified exposure to emerging markets small-cap equities for institutional and retail investors seeking alpha generation through a rules-based, quantitative approach that selects stocks based on growth and value factors. The underlying index selects stocks from the Nasdaq Emerging Markets Index using the proprietary AlphaDEX methodology, focusing on small capitalization companies in designated emerging markets with significant allocations to regions like Asia (e.g., Taiwan, Indonesia, Thailand), Latin America (e.g., Brazil, Chile, Mexico), and others including South Africa, Turkey, Poland, and Greece. Top holdings as of December 2025 include EZconn Corporation (information technology), PT Energi Mega Persada Tbk (energy), Bradespar SA Preference (materials), IOI Properties Group Bhd (real estate), and PT Petrosea Tbk (materials), reflecting a portfolio emphasizing industrials, producer durables, energy resources, and real estate sectors prevalent in emerging economies. In October 2015, the fund underwent a significant strategic shift when its underlying index changed from the Defined Emerging Markets Small Cap Index to the Nasdaq AlphaDEX Emerging Markets Small Cap Index, enhancing its focus on enhanced stock selection for potential outperformance. Recent institutional activity includes increased holdings by firms such as Geneos Wealth Management Inc. (doubled position in Q2 2025), Richmond Investment Services LLC (up 100.3% in Q2 2025), and new stakes by Ameritas Advisory Services LLC and Citadel Advisors LLC, alongside minor adjustments by LPL Financial LLC and others in 2025 quarters, signaling sustained investor interest amid market volatility. The fund continues to distribute long-term capital gains periodically, with notifications issued for December 2025, and maintains assets under management around $242 million as of late 2025.