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RNEM

GradeCNASDAQ

First Trust Emerging Markets Equity Select ETF

Active Equity · First Trust · Inception 2017-06-20 · SEC filings

$56.43−0.61 (−1.07%)

As of Sep 23, 2026, 2:18 PM EDT

Intraday session: down, 22 prints from 57.04 to 56.43. Range 56.18 to 56.77. Use the arrow keys to read each point.$56.20$56.60$56.8010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$17M
1Y return
+5.3%
Yield · Last 12 months
2.29%
Holdings
297
Volume · 30D
0M sh
NAV per share
$57.20
52W range
low $46.90high $59.01

The ETF.net RNEM Grade

C

44/ 100

Rank 18 of 28 in Emerging Markets Active Equity⁠

Confidence Medium

Six-pillar profile for RNEM. Scores out of 100: Cost 35, Risk 62, Mission not scored, Tradability 29, Holdings 68, Durability 54. Strongest: Holdings (68). Weakest: Tradability (29). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 44 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 35
    Category rank19/28 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 62
    Category rank5/28 · top 18%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 29
    Category rank20/28 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 68
    Category rank10/26 · top 38%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 54
    Category rank15/28 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on RNEM

ETF.net Research

CFirst Trust's emerging-markets entry: roughly 300 EM stocks in a rules-based basket tracking an index that carries risk-analytics firm Riskalyze's name. A boutique-sized outsider in a category ruled by cheap, giant index funds.

Stated mandate

The Fund seeks to track, before fees and expenses, the price and yield performance of the Nasdaq Riskalyze Emerging MarketsTM Index. It normally invests at least 90% of assets in the common stocks and depositary receipts included in that index.

Why people hold it

  1. 01Wide net: about 300 emerging-market names, with at least 90% of assets in the index's stocks and depositary receipts. Published rules pick the book, not a manager's hunch.ftportfolios.com
  2. 02Trading since 2017, so it carries a multi-year record through real emerging-market weather rather than one flattering stretch.
  3. 03Income arrives on a set quarterly schedule, and the portfolio stays in listed shares and depositary receipts. No derivatives layer to decode.

Worth knowing

  1. 01The 0.76% fee runs above the 0.65% median for its emerging-markets group, and the highest-rated peers (AVEM at 0.33%, DFEM at 0.39%) charge about half or less.
  2. 02A small fund that trades thinly, so bid-ask spreads can run wider than the category's household names.
  3. 03The benchmark is a bespoke Nasdaq Riskalyze index, not a standard EM yardstick, so there is less outside history to size it up against.ftportfolios.com

RNEM Holdings

As of Sep 21, 2026, 5:20 PM
Asset class
Stocks
Holdings
297
Top-10 weight
26%
Largest holding
3034.TW4.2%

Sectors

  • Financials36.2%
  • Materials13.7%
  • Consumer Discr.10.4%
  • Communication8.2%
  • Energy7.0%
  • Technology6.7%
  • Cons. Staples5.7%
  • Health Care4.3%
  • Industrials3.8%
  • Utilities3.2%
  • Real Estate0.7%

Geography

  • Taiwan (Province of China)22.42%
  • China21.19%
  • Brazil14.27%
  • India13.88%
  • Mexico5.80%
  • South Africa4.94%
  • Thailand3.53%
  • Poland3.03%
  • Other countries (13)10.95%

Developed 3% · Emerging 97% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 20.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0013034.TWNovatek Microelectronics Corporation4.18%40,720$715K95
002—Titan Company Limited3.39%11,603$581K5
0032020.HKANTA Sports Products Limited2.67%50,000$457K84
0040700.HKTencent Holdings Limited2.43%7,800$417K153
005RELIANCE.NSReliance Insurance PLC2.31%30,931$396K21
006TCS.NSTata Consultancy Services Limited2.23%17,394$382K29
007—Pidilite Industries Ltd.2.22%23,124$379K2
008—UltraTech Cement Limited2.18%3,249$373K4
009—Shree Cement Limited2.09%1,516$357K1
010—Kotak Mahindra Bank Limited1.86%73,893$318K4
011PETR4.SAPetroleo Brasileiro S.A. (Petrobras) (Preference Shares)1.85%33,525$316K84
012—ICICI Bank Limited1.77%21,655$302K4
013SBIN.NSState Bank of India1.62%26,663$277K23
014—HDFC Bank Limited1.59%35,696$272K3
015SBILIFE.NSSBI Life Insurance Company Limited1.55%14,693$265K15

Showing 1–15 of 297 holdings

RNEM Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

RNEM$10,532
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. RNEM $10,532. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for RNEM. Periods over one year show the average yearly return.
PeriodRNEM
Year to date+3.7%
1 month+0.8%
3 months+2.3%
1 year+5.3%
3 years+8.0%per year
5 years+6.1%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RNEM
YearReturn barRNEM
2026 YTD+3.7%
2025+15.6%
2024−1.5%
2023+23.4%
2022−8.7%
2021+6.1%
2020−8.1%

RNEM in the news

ETF.net Research hasn’t filed on RNEM yet — coverage lands here as it’s written.

RNEM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
2.29%Last 12 months
Payout per share
$1.31Last 12 months
Last payment
$0.35 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 29 payments from 2017 to 2026 YTD. Sep 21, 2017 $0.57; Dec 21, 2017 $0.68; Mar 22, 2018 $0.0068; Jun 21, 2018 $0.44; Sep 14, 2018 $0.80; Dec 18, 2018 $0.12; Mar 21, 2019 $0.16; Jun 14, 2019 $0.20; Sep 25, 2019 $1.03; Dec 13, 2019 $0.10; Mar 26, 2020 $0.03; Jun 25, 2020 $0.27; Sep 24, 2020 $0.77; Dec 24, 2020 $0.33; Jun 24, 2021 $0.69; Sep 23, 2021 $0.84; Jun 24, 2022 $0.32; Sep 23, 2022 $0.90; Dec 23, 2022 $0.05; Jun 27, 2023 $0.17; Sep 22, 2023 $0.60; Dec 22, 2023 $0.06; Jun 27, 2024 $0.14; Sep 26, 2024 $0.57; Dec 13, 2024 $0.98; Jun 26, 2025 $0.56; Sep 25, 2025 $0.63; Dec 12, 2025 $0.33; Jun 25, 2026 $0.35. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 25, 2026Jun 30, 2026$0.35
Dec 12, 2025Dec 31, 2025$0.33
Sep 25, 2025Sep 30, 2025$0.63
Jun 26, 2025Jun 30, 2025$0.56
Dec 13, 2024Dec 31, 2024$0.98
Sep 26, 2024Sep 30, 2024$0.57
Jun 27, 2024Jun 28, 2024$0.14
Dec 22, 2023Dec 29, 2023$0.06
Sep 22, 2023Sep 29, 2023$0.60
Jun 27, 2023Jun 30, 2023$0.17
Dec 23, 2022Dec 30, 2022$0.05
Sep 23, 2022Sep 30, 2022$0.90

RNEM Risk

How much the fund’s monthly returns vary, scaled to a year.
10.0%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.35
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−21.4%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.61
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

RNEM Cost

Expense ratio0.75%
  • The middle half of Emerging Markets Active Equity funds
  • Median 0.65%

17 of the 27 Emerging Markets Active Equity funds charge less.

RNEM costs $75.00 a year on $10,000. The median Emerging Markets Active Equity fund costs $65.00.