First Trust WCM International Equity ETF
$18.88−0.06 (−0.32%)
- 0.85%
- $2.1B
- +15.7%
- 0.55%
- 0.9M sh
- $19.01
- low $15.70high $20.24
The ETF.net WCMI Grade
D
Score 33 out of 100
- 16 of 18
Score 33 of 100 falls in the D 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.F6 out of 100Rank 17 of 18Mission
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.D28 out of 100Rank 14 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A81 out of 100Rank 3 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D26 out of 100Rank 15 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A85 out of 100Rank 3 of 18
Our read on WCMI
DA boutique stock picker's concentrated international book in ETF form. WCM hunts companies whose competitive moats are widening and whose internal culture backs it up, holding roughly 40 non-US names rather than tracking an index.
The Fund seeks long-term capital appreciation through an actively managed portfolio focused primarily on equity securities of companies outside the United States.
Why people hold it
- Genuinely active, not an index in disguise: about 40 non-US names chosen bottom-up by WCM, a process built around moat trajectory and corporate culture.wcminvest.com
- The prospectus commits at least 80% of net assets to equity of companies outside the US, with latitude to roam into emerging and frontier markets.sec.gov
- The strategy reached the exchange through a 2024 mutual fund reorganization, so the record behind the ticker starts with the predecessor fund, not the listing.businesswire.comsec.gov
- A multi-billion-dollar fund that changes hands actively on-exchange, which tends to keep the cost of getting in and out modest for an active strategy.
Worth knowing
- Costs 0.85% a year against a 0.65% median for its international value peers; AVIV runs 0.25% and JIVE 0.55%.
- Roughly 40 holdings means individual stocks and countries carry real weight, and results can diverge widely from a broad international benchmark.sec.gov
- Distributions land once or twice a year at most; the stated objective is long-term capital appreciation, not an income stream.
WCMI Holdings
- Stocks
- 45
- 43%
- 2330.TW
Sectors
- Technology22.1%
- Financials17.7%
- Industrials15.9%
- Health Care13.1%
- Communication11.0%
- Consumer Staples5.9%
- Energy5.8%
- Consumer Discretionary4.3%
- Materials2.6%
- Utilities1.7%
Geography
- United Kingdom20.51%
- Japan14.65%
- Canada9.52%
- Taiwan7.98%
- Germany7.09%
- China6.79%
- Netherlands5.65%
- Switzerland4.91%
- 22.90%
Developed 73% · Emerging 27%
WCMI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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WCMI$11,567
Returns run to the Oct 12, 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 | WCMI |
|---|---|
| Year to date | +11.6% |
| 1 month | −3.6% |
| 3 months | −3.4% |
| 1 year | +15.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
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 | WCMI |
|---|---|---|
| 2026 YTD | +11.6% | |
| 2025 | +30.3% | |
| 2024 | −3.8% |
WCMI in the news
WCMI Dividends
- 0.55%
- $0.10
- $0.05 per share
- Twice a year
Distribution history
WCMI Risk
- 13.7%
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.
- 1.12
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.
- −12.8%
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.
- 0.88
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WCMI Cost
0.85%
WCMI0.85%
- The middle half of International Active Value funds
- Median 0.66%
16 of the 18 International Active Value funds charge less.
Other funds in International Active Value
- CPZIVPzena International Value ETFExpense ratio 0.70%1 year return —
- CTXUEThornburg International Equity ETFExpense ratio 0.65%1 year return +16.4%
- CICPYTweedy, Browne International Insider + Value ETFExpense ratio 0.80%1 year return +29.2%
- CJDVIJohn Hancock Investments - Disciplined Value International Select ETFExpense ratio 0.69%1 year return +21.4%
- DOAKIOakmark International Large Cap ETFExpense ratio 0.70%1 year return —