---
ticker: "RFEM"
name: "First Trust RiverFront Dynamic Emerging Markets ETF"
url: "https://etf.net/etf/RFEM"
grade: "D"
score: 44
graded_at: "2026-09-16"
category: "Emerging Markets Active Equity"
category_rank: "19 of 28"
delisted_at: "2026-09-18"
methodology: "https://etf.net/methodology"
---

# RFEM: First Trust RiverFront Dynamic Emerging Markets ETF

Grade **D**, Score 44 of 100. Rank 19 of 28 in Emerging Markets Active Equity.

Graded Sep 16, 2026. Delisted Sep 18, 2026. Figures and Grade are frozen as of that date.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 7 | 27 of 28 |
| Mission | Not scored | — |
| Risk | 84 | 2 of 28 |
| Tradability | 58 | 12 of 28 |
| Holdings | 53 | 13 of 26 |
| Durability | 77 | 5 of 28 |

## Top holdings

The fund holds 136 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 2330.TW | Taiwan Semiconductor Manufacturing Company Ltd. | 8.90% |
| 2 | 2454.TW | MediaTek Inc. | 7.56% |
| 3 | 3037.TW | Unimicron Technology Corporation | 3.73% |
| 4 | MCHI | iShares MSCI China ETF | 2.99% |
| 5 | 0700.HK | Tencent Holdings Limited | 2.82% |
| 6 | 000270.KS | Kia Corporation | 2.47% |
| 7 | 3443.TW | Global Unichip Corporation | 2.45% |
| 8 | ICTEF | International Container Terminal Services, Inc. | 2.33% |
| 9 | 3653.TW | Jentech Precision Industrial Company Ltd. | 2.25% |
| 10 | 1398.HK | Industrial and Commercial Bank of China Limited (Class H) | 2.15% |
| 11 | 0992.HK | Lenovo Group Limited | 1.99% |
| 12 | KBANK-R.BK | Kasikornbank Pcl (NVDR) | 1.86% |
| 13 | KBANK.BK | Kasikornbank Pcl | 1.82% |
| 14 | — | HDFC Bank Limited | 1.68% |
| 15 | TUPRS.IS | Turkiye Petrol Rafinerileri A.S. | 1.66% |
| 16 | IEMG | iShares Core MSCI Emerging Markets ETF | 1.65% |
| 17 | 9988.HK | Alibaba Group Holding Limited | 1.63% |
| 18 | PKN.WA | ORLEN SA | 1.40% |
| 19 | POLI.TA | Bank Hapoalim B.M. | 1.38% |
| 20 | — | Eicher Motors Limited | 1.32% |
| 21 | 138040.KS | Meritz Financial Group Inc. | 1.24% |
| 22 | — | ICICI Bank Limited | 1.24% |
| 23 | — | Shriram Finance Limited | 1.21% |
| 24 | 8046.TW | Nan Ya Printed Circuit Board Corporation | 1.12% |
| 25 | 005380.KS | Hyundai Motor Company | 1.12% |
| 26 | PETR3.SA | Petroleo Brasileiro S.A. - Petrobras | 1.10% |
| 27 | GXC | State Street SPDR S&P China ETF | 1.09% |
| 28 | 2603.TW | Evergreen Marine Corp. (Taiwan) Ltd. | 1.02% |
| 29 | CHILE.SN | Banco de Chile | 0.98% |
| 30 | 3711.TW | ASE Technology Holding Co., Ltd. | 0.97% |

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