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First Trust Emerging Markets AlphaDEX Fund (FEM)

Diversified Emerging Mkts | Exchange Traded Fund | NasdaqGM
33.00 USD -0.28 (-0.826%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 33.00 -0.01 (-0.010%) ⇩ (Aug. 28, 2026, 4:15 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 1:10 a.m. EDT

The emerging markets alpha strategy is showing signs of life, driven by a robust recovery in the trailing twelve months (+15.7%) and a healthy nine-year cumulative gain of +27.7%. While the fund trades at a modest discount to its moving averages, the technical setup is constructive, sitting above both the 50-day and 200-day lines. The options market is screaming bullishness, with traders positioning for a breakout above the $33 resistance zone, which aligns with the recent price action climbing back above the 50-day average. However, the dividend yield of 2.3% is merely inflationary and lacks the safety margin of a true income play, given the variable payout history seen in recent years. This is a moderate-conviction momentum play rather than a defensive hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.045592
AutoETS0.046088
AutoTheta0.057022
AutoARIMA0.066722

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 55%
H-stat 3.81
Ljung-Box p 0.000
Jarque-Bera p 0.919
Excess Kurtosis 0.28
Attribute Value
Trailing P/E 11.47

As of Aug. 22, 2026, 1:10 a.m. EDT: Speculators are overwhelmingly bullish, with open interest concentrated in out-of-the-money calls (38 and 39 strikes) representing 90% of put/call volume. This heavy skew suggests a bet on a significant upside move toward year-end, while put activity is negligible and focused only on deep out-of-the-money protection.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.60% 2.56% 3.36% 4.37%
Dividend History
Date Dividend Yield %
2026-06-25 0.190 0.602792
2026-03-26 0.033 0.113091
2025-12-12 0.209 0.777241
2025-09-25 0.283 1.062312
2025-06-26 0.324 1.328958
2025-03-27 0.039 0.167814
2024-12-13 0.145 0.634018
2024-09-26 0.325 1.355296
2024-06-27 0.241 1.014310
2024-03-21 0.095 0.411255
2023-12-22 0.090 0.410210
2023-09-22 0.461 2.190024
2023-06-27 0.505 2.415112
2023-03-24 0.043 0.205447
2022-12-23 0.204 0.975143
2022-09-23 0.536 2.754368
2022-06-24 0.541 2.529219
2022-03-25 0.014 0.055622
2021-12-23 0.223 0.852121
2021-09-23 0.554 2.015278
2021-06-24 0.275 0.978648
2021-03-25 0.031 0.121760
2020-09-24 0.451 2.105509
2020-06-25 0.195 0.916784
2020-03-26 0.031 0.168295
2019-12-13 0.089 0.351501
2019-09-25 0.443 1.867622
2019-06-14 0.327 1.379165
2019-03-21 0.018 0.070012
2018-12-18 0.068 0.296425
2018-09-14 0.422 1.759800
2018-06-21 0.298 1.131789
2018-03-22 0.016 0.055325
2017-12-21 0.208 0.766114
2017-09-21 0.242 0.858156
2017-06-22 0.178 0.777293
2017-03-23 0.056 0.240757
2016-12-21 0.005 0.025164
2016-09-21 0.266 1.256495
2016-06-22 0.187 0.994152
2015-12-23 0.038 0.205962
2015-09-23 0.389 2.186622
2015-06-24 0.223 0.955441
2014-12-23 0.065 0.303738
2014-09-23 0.321 1.323166
2014-06-24 0.228 0.915663
2013-12-18 0.043 0.174230
2013-09-20 0.145 0.582329
2013-06-21 0.403 1.786348
2013-03-21 0.059 0.227098
2012-12-21 0.032 0.125098
2012-09-21 0.166 0.692244
2012-06-21 0.386 1.744239
2011-12-21 0.151 0.682640
2011-06-21 0.054 0.191693
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2018-03-29
dividendYield 2.33

Info Dump

Attribute Value
All Time High 35.61
All Time Low 15.26
Ask 32.01
Ask Size 1
Average Daily Volume10 Day 69,770
Average Daily Volume3 Month 102,085
Average Volume 102,085
Average Volume10Days 69,770
Beta3 Year 0.79
Bid 29.48
Bid Size 2
Category Diversified Emerging Mkts
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 33.4
Day Low 32.9536
Dividend Date 1,522,281,600
Dividend Yield 2.33
Eps Trailing Twelve Months 2.8770602
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 31.8214
Fifty Day Average Change 1.1786003
Fifty Day Average Change Percent 0.03703798
Fifty Two Week Change Percent 25.965178
Fifty Two Week High 35.61
Fifty Two Week High Change -2.6100006
Fifty Two Week High Change Percent -0.073294036
Fifty Two Week Low 25.85
Fifty Two Week Low Change 7.1499996
Fifty Two Week Low Change Percent 0.2765957
Fifty Two Week Range 25.85 - 35.61
First Trade Date Milliseconds 1,303,219,800,000
Five Year Average Return 0.0878024
Full Exchange Name NasdaqGM
Fullday Change -0.275002
Fullday Change Percent -0.826451
Fullday Price 33.0
Fund Family First Trust
Fund Inception Date 1,303,084,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select stocks from the NASDAQ Emerging Markets Index (the "base index") that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Long Name First Trust Emerging Markets AlphaDEX Fund
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_130256910
Nav Price 32.91
Net Assets 749,049,470.0
Net Expense Ratio 0.8
Open 33.32
Phone (800) 621-1675
Post Market Change -0.0099983215
Post Market Change Percent -0.030288767
Post Market Price 33.0
Post Market Time 1,787,948,100
Previous Close 33.275
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.27500153
Regular Market Change Percent -0.8264508
Regular Market Day High 33.4
Regular Market Day Low 32.9536
Regular Market Day Range 32.9536 - 33.4
Regular Market Open 33.32
Regular Market Previous Close 33.275
Regular Market Price 33.0
Regular Market Time 1,787,947,200
Regular Market Volume 81,649
Short Name First Trust Emerging Markets Al
Source Interval 15
Symbol FEM
Three Year Average Return 0.1929706
Total Assets 749,049,472
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 11.470041
Trailing Peg Ratio None
Trailing Three Month Nav Returns -6.32794
Trailing Three Month Returns -6.32794
Triggerable 1
Two Hundred Day Average 30.50875
Two Hundred Day Average Change 2.491249
Two Hundred Day Average Change Percent 0.081656866
Type Disp ETF
Volume 81,649
Yield 0.0233
Ytd Return 13.25625