---
ticker: "WCME"
name: "First Trust WCM Developing World Equity ETF"
url: "https://etf.net/etf/WCME"
grade: "C"
score: 41
graded_at: "2026-10-12"
category: "Emerging Markets Active Growth"
category_rank: "6 of 9"
methodology: "https://etf.net/methodology"
---

# WCME: First Trust WCM Developing World Equity ETF

Grade **C**, Score 41 of 100. Rank 6 of 9 in Emerging Markets Active Growth.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 26 | 7 of 9 |
| Mission | Not scored | — |
| Risk | 43 | 7 of 9 |
| Tradability | 56 | 3 of 9 |
| Holdings | 48 | 6 of 9 |
| Durability | 71 | 3 of 9 |

## Top holdings

The fund holds 45 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 2330.TW | Taiwan Semiconductor Manufacturing Company Ltd. | 14.03% |
| 2 | 000660.KS | SK Hynix Inc. | 4.68% |
| 3 | 402340.KS | SK Square Co., Ltd. | 4.51% |
| 4 | TEVA | Teva Pharmaceutical Industries Ltd. | 4.51% |
| 5 | 005930.KS | Samsung Electronics Co., Ltd. | 4.38% |
| 6 | 2269.HK | WuXi Biologics (Cayman) Inc. | 4.14% |
| 7 | GLEN.L | Glencore Plc | 3.32% |
| 8 | SBSP3.SA | Cia. de Saneamento Basico do Estado de Sao Paulo - SABESP | 3.06% |
| 9 | 105560.KS | KB Financial Group, Inc. | 2.94% |
| 10 | PRIO3.SA | Petro Rio S.A. | 2.89% |
| 11 | 3653.TW | Jentech Precision Industrial Company Ltd. | 2.58% |
| 12 | — | Universal Microwave Technology Inc. | 2.37% |
| 13 | — | IHH Healthcare Bhd | 2.32% |
| 14 | 2899.HK | Zijin Mining Group Company Limited (Class H) | 2.23% |
| 15 | CPA | Copa Holdings, S.A. | 2.20% |
| 16 | BAP | Credicorp Ltd. | 2.16% |
| 17 | CX | CEMEX, S.A.B. de C.V. (ADR) | 2.15% |
| 18 | NU | Nu Holdings Ltd. (Class A) | 2.12% |
| 19 | — | South Korean Won | 2.08% |
| 20 | — | US Dollar | 2.07% |
| 21 | 2301.TW | Lite-On Technology Corporation | 2.06% |
| 22 | 2454.TW | MediaTek Inc. | 2.01% |
| 23 | KSPI | JSC Kaspi.kz (ADR) | 1.99% |
| 24 | 1299.HK | AIA Group Limited | 1.99% |
| 25 | — | Contemporary Amperex Technology Co., Ltd. (Class A) | 1.89% |
| 26 | 0388.HK | Hong Kong Exchanges and Clearing Limited | 1.88% |
| 27 | 021240.KS | Coway Co., Ltd. | 1.87% |
| 28 | TPEIR.AT | Piraeus Bank S.A. | 1.73% |
| 29 | IBN | ICICI Bank Limited (ADR) | 1.70% |
| 30 | 9988.HK | Alibaba Group Holding Limited | 1.70% |

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