| Indicators | Browse All

First Trust Emerging Markets AlphaDEX Fund (FEM)

Diversified Emerging Mkts | Exchange Traded Fund | NasdaqGM
31.44 USD -0.62 (-1.934%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 31.74 +0.30 (0.954%) ⇧ (July 13, 2026, 4:52 p.m. EDT)

Short-term:★★★☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 4:04 a.m. EDT

The investment case here is defined by a stark disconnect between the fund's recent performance and its historical trajectory. While the trailing twelve-month return was flat (+0.61%), the asset has delivered a robust +25% gain over the last nine years, driven by a series of strong annual gains. This suggests the recent stagnation is a temporary correction rather than a structural failure of the emerging markets strategy. However, the short-term outlook remains murky; the price is trading below its 50-day average, and the statistical forecast offers only a modest 2% upside with moderate confidence. The options market reflects this ambiguity with sparse activity and no clear consensus on direction. For a long-term holder, the diversified exposure to emerging markets remains a solid core holding, but the lack of recent momentum and the flat recent return prevent a 'buy' rating at this specific moment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79_115 ✓0.018314
AutoARIMA0.019126
AutoETS0.019126
MSTL0.019342
AutoTheta0.019429
MSTL_790.020476
MSTL_1150.021424

Forecast horizon: 60 days | Selected: MSTL_79_115

Forecast Reliability
Score 60%
H-stat 0.43
Ljung-Box p 0.000
Jarque-Bera p 0.695
Excess Kurtosis -0.53
Attribute Value
Trailing P/E 11.61

As of July 11, 2026, 4:04 a.m. EDT: Speculator positioning is extremely thin and fragmented across expirations, offering little coherent directional signal. In the near term (August), there is negligible open interest on both sides, while November calls show a distinct preference for out-of-the-money strikes (38-39) over the money, suggesting a speculative bet on a gap-up event. Conversely, November puts are concentrated deep out-of-the-money (25-26), indicating a hedge against a crash rather than a bearish conviction. Implied volatility is elevated for near-term expiration, hinting at uncertainty, but the lack of volume and concentration prevents a clear read on immediate sentiment.


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 2.26

Info Dump

Attribute Value
All Time High 35.61
All Time Low 15.26
Ask 31.45
Ask Size 1
Average Daily Volume10 Day 127,530
Average Daily Volume3 Month 123,011
Average Volume 123,011
Average Volume10Days 127,530
Beta3 Year 0.81
Bid 31.43
Bid Size 1
Category Diversified Emerging Mkts
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 32.06
Day Low 31.41
Dividend Date 1,522,281,600
Dividend Yield 2.26
Eps Trailing Twelve Months 2.7088425
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 32.403
Fifty Day Average Change -0.96299934
Fifty Day Average Change Percent -0.02971945
Fifty Two Week Change Percent 29.418886
Fifty Two Week High 35.61
Fifty Two Week High Change -4.17
Fifty Two Week High Change Percent -0.11710194
Fifty Two Week Low 24.54
Fifty Two Week Low Change 6.8999996
Fifty Two Week Low Change Percent 0.28117356
Fifty Two Week Range 24.54 - 35.61
First Trade Date Milliseconds 1,303,219,800,000
Five Year Average Return 0.0730312
Full Exchange Name NasdaqGM
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 PREPRE
Max Age 86,400
Message Board Id finmb_130256910
Nav Price 31.29
Net Assets 747,033,020.0
Net Expense Ratio 0.8
Open 31.7
Phone (800) 621-1675
Post Market Change 0.29999924
Post Market Change Percent 0.95419604
Post Market Price 31.74
Post Market Time 1,783,975,928
Previous Close 32.06
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.62000084
Regular Market Change Percent -1.9338766
Regular Market Day High 32.06
Regular Market Day Low 31.41
Regular Market Day Range 31.41 - 32.06
Regular Market Open 31.7
Regular Market Previous Close 32.06
Regular Market Price 31.44
Regular Market Time 1,783,972,800
Regular Market Volume 102,712
Short Name First Trust Emerging Markets Al
Source Interval 15
Symbol FEM
Three Year Average Return 0.1799499
Total Assets 747,033,024
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 11.606434
Trailing Peg Ratio None
Trailing Three Month Nav Returns 7.39778
Trailing Three Month Returns 7.39778
Triggerable 1
Two Hundred Day Average 29.6566
Two Hundred Day Average Change 1.7833996
Two Hundred Day Average Change Percent 0.060134996
Type Disp ETF
Volume 102,712
Yield 0.0226
Ytd Return 16.53957