---
ticker: "EMDM"
name: "First Trust Bloomberg Emerging Market Democracies ETF"
url: "https://etf.net/etf/EMDM"
grade: "D"
score: 30
graded_at: "2026-10-12"
category: "Emerging Markets Stocks"
category_rank: "20 of 22"
methodology: "https://etf.net/methodology"
---

# EMDM: First Trust Bloomberg Emerging Market Democracies ETF

Grade **D**, Score 30 of 100. Rank 20 of 22 in Emerging Markets Stocks.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 12 | 19 of 22 |
| Mission | Not scored | — |
| Risk | 59 | 4 of 22 |
| Tradability | 38 | 16 of 22 |
| Holdings | 31 | 16 of 19 |
| Durability | 42 | 18 of 22 |

## Top holdings

The fund holds 104 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 2330.TW | Taiwan Semiconductor Manufacturing Company Ltd. | 12.42% |
| 2 | 005930.KS | Samsung Electronics Co., Ltd. | 11.07% |
| 3 | 000660.KS | SK Hynix Inc. | 6.38% |
| 4 | GMEXICOB.MX | Grupo Mexico, S.A.B. de C.V. (Class B) | 4.32% |
| 5 | PETR4.SA | Petroleo Brasileiro S.A. (Petrobras) (Preference Shares) | 3.13% |
| 6 | ANG.JO | AngloGold Ashanti Plc | 2.23% |
| 7 | ITUB4.SA | Itau Unibanco Holding S.A. (Preference Shares) | 1.91% |
| 8 | OTP.BD | OTB Bank Plc | 1.83% |
| 9 | PKO.WA | Powszechna Kasa Oszczednosci Bank Polski S.A. | 1.83% |
| 10 | PKN.WA | Orlen SA | 1.74% |
| 11 | NPN.JO | Naspers Limited (Class N) | 1.68% |
| 12 | — | HDFC Bank Limited | 1.61% |
| 13 | VALE3.SA | Vale S.A. | 1.60% |
| 14 | GFI.JO | Gold Fields Limited | 1.57% |
| 15 | GFNORTEO.MX | Grupo Financiero Banorte, S.A.B. de C.V. | 1.51% |
| 16 | — | ICICI Bank Limited | 1.47% |
| 17 | AMXB.MX | America Movil, S.A.B. de C.V. (Class B) | 1.46% |
| 18 | 2454.TW | MediaTek Inc. | 1.34% |
| 19 | — | Falabella SA | 1.33% |
| 20 | FSR.JO | FirstRand Limited | 1.30% |
| 21 | FEMSAUBD.MX | Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) | 1.25% |
| 22 | BAP | Credicorp Ltd. | 1.20% |
| 23 | RELIANCE.NS | Reliance Insurance PLC | 1.15% |
| 24 | SCCO | Southern Copper Corporation | 1.15% |
| 25 | ETE.AT | National Bank of Greece S.A. | 1.14% |
| 26 | SBK.JO | Standard Bank Group Limited | 1.11% |
| 27 | CPI.JO | Capitec Limited | 1.10% |
| 28 | PFCIBEST.CL | Grupo Cibest S.A. (Preference) | 1.07% |
| 29 | PEO.WA | Bank Pekao S.A. | 1.03% |
| 30 | VAL.JO | Valterra Platinum Limited | 0.94% |

Source: etf.net, https://etf.net/etf/EMDM. Please cite the page URL.
