ETF Filings
First Trust's AFDM and AFEM summary prospectuses take effect, still printing the 2016 record
First Trust RiverFront Dynamic Developed International ETF
$91.75−0.68 (−0.73%) past 5 days
Market opens at 9:30 AM ET.
- 0.80%
- $167M
- +22.3%
- 3.07%
- 0M sh
- $91.69
- low $75.28high $93.73
The ETF.net RFDI Grade
C
Score 49 out of 100
- 28 of 57
Score 49 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D28 out of 100Rank 43 of 57Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A70 out of 100Rank 10 of 57Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 24 of 57Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B55 out of 100Rank 29 of 53Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 14 of 57
Our read on RFDI
CMost developed-market ETFs just track an index. This one is actively run, holding roughly 190 developed-market stocks and carrying forward currency contracts inside the mandate to manage the foreign-exchange side.
RFDI seeks capital appreciation and is actively managed. It normally invests at least 80% of its net assets in equity securities of developed-market companies, including common stock, depositary receipts, real estate investment trusts, and forward currency contracts.
Why people hold it
- Actively managed, not index-locked. At least 80% of net assets sit in developed-market equities, with depositary receipts and REITs available in the toolkit.ftportfolios.com
- Currency is written into the strategy. Forward currency contracts are part of the stated mandate, so FX exposure is a lever the managers can work rather than a side effect.ftportfolios.com
- Trading since 2016, so the approach has a real record across changing international markets instead of a backtest.
- Roughly 190 names spread the exposure across developed markets, and the fund distributes on a quarterly schedule.
Worth knowing
- Active management costs. The 0.83% expense ratio runs above the category norm and well above systematic peers such as AVDE (0.23%) and DFIC (0.22%).
- A smaller, thinly traded fund. Spreads can be wider than the category's giants, so limit orders do more work here.
- With no index to anchor to, outcomes ride on the manager's stock and currency calls rather than the market's average result.
RFDI Holdings
- Stocks
- 181
- 23%
- 6857.T
Sectors
- Financials29.2%
- Industrials11.4%
- Energy10.4%
- Consumer Discr.9.7%
- Health Care8.2%
- Technology8.1%
- Cons. Staples6.8%
- Communication5.8%
- Materials4.5%
- Utilities4.1%
- Real Estate1.7%
Geography
- Japan24.33%
- United Kingdom20.82%
- Switzerland9.32%
- Australia8.07%
- France8.00%
- Italy7.30%
- Germany6.77%
- Spain3.52%
- 11.88%
Developed 98% · Emerging 2%
RFDI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
RFDI$12,232
Returns run to the Sep 14, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | RFDI |
|---|---|
| Year to date | +15.3% |
| 1 month | −1.5% |
| 3 months | +4.3% |
| 1 year | +22.3% |
| 3 years | +20.8% |
| 5 years | +8.3% |
| 10 years | +9.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | RFDI |
|---|---|---|
| 2026 YTD | +15.3% | |
| 2025 | +35.9% | |
| 2024 | +5.5% | |
| 2023 | +18.1% | |
| 2022 | −23.6% | |
| 2021 | +17.3% | |
| 2020 | +9.1% |
RFDI in the news
RFDI Dividends
- 3.07%
- $2.80
- $1.07 per share
- Quarterly
Distribution history
RFDI Risk
- 11.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.38
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −35.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.76
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RFDI Cost
0.80%