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First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS)

Diversified Emerging Mkts | Exchange Traded Fund | NasdaqGM
45.22 USD -1.27 (-2.732%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 5:31 a.m. EDT

The fund presents a compelling value proposition for income-focused investors, anchored by a robust 4.25% dividend yield supported by a low trailing P/E of 8.8x. However, the recent price action reveals a distinct lack of momentum, with the share price trading below its 50-day average and failing to capitalize on the broader recovery seen in the 200-day moving average. While the long-term trajectory shows a healthy 34.6% gain over nine years, the most recent annual performance was negative, indicating a pause in the secular uptrend rather than a structural breakdown. The statistical forecast offers no directional bias, suggesting the market is currently in equilibrium. This creates a scenario where the asset is fundamentally sound and pays a generous yield, yet lacks the technical catalyst required for immediate capital appreciation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.027261
AutoETS0.028546
AutoARIMA0.028546
AutoTheta0.033060

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 57%
H-stat 3.45
Ljung-Box p 0.000
Jarque-Bera p 0.454
Excess Kurtosis -0.77
Attribute Value
Trailing P/E 8.55

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.99% 4.44% 4.14% 4.67%
Dividend History
Date Dividend Yield %
2026-06-25 0.445 0.986696
2026-03-26 0.303 0.687387
2025-12-12 0.649 1.541568
2025-09-25 0.532 1.219904
2025-06-26 0.522 1.301421
2025-03-27 0.094 0.248021
2024-12-13 0.445 1.134336
2024-09-26 0.341 0.838868
2024-06-27 0.542 1.350274
2024-03-21 0.168 0.425964
2023-12-22 0.370 0.982736
2023-09-22 0.652 1.693946
2023-06-27 0.665 1.862745
2023-03-24 0.100 0.270343
2022-12-23 0.092 0.237542
2022-09-23 0.751 2.232461
2022-06-24 0.809 2.298295
2022-03-25 0.119 0.292311
2021-12-23 0.836 2.083749
2021-09-23 0.729 1.681273
2021-06-24 0.431 0.925091
2021-03-25 0.514 1.213123
2020-12-24 0.251 0.629073
2020-09-24 0.419 1.264715
2020-06-25 0.338 1.040640
2020-03-26 0.185 0.708270
2019-12-13 0.645 1.730150
2019-09-25 0.705 2.049419
2019-06-14 0.379 1.145707
2018-12-18 0.415 1.267563
2018-09-14 0.422 1.197163
2018-06-21 0.488 1.256760
2018-03-22 0.183 0.411884
2017-12-21 0.436 1.054924
2017-09-21 0.741 1.710921
2017-06-22 0.292 0.798250
2016-12-21 0.110 0.370121
2016-09-21 0.317 0.948818
2016-06-22 0.285 0.971701
2016-03-23 0.017 0.059712
2015-12-23 0.262 0.957602
2015-09-23 0.332 1.217009
2015-06-24 0.293 0.834520
2014-12-23 0.439 1.359554
2014-09-23 0.424 1.145018
2014-06-24 0.220 0.606061
2014-03-25 0.048 0.130933
2013-12-18 0.148 0.417607
2013-09-20 0.239 0.691951
2013-06-21 0.167 0.498805
2013-03-21 0.089 0.244640
2012-12-21 0.136 0.405607
2012-09-21 0.227 0.794262
2012-06-21 0.315 1.175812
Additional Data
dividendDate 2018-06-29
dividendYield 4.25

Info Dump

Attribute Value
All Time High 50.0
All Time Low 21.98
Ask 58.68
Ask Size 2
Average Daily Volume10 Day 17,520
Average Daily Volume3 Month 35,470
Average Volume 35,470
Average Volume10Days 17,520
Beta3 Year 0.61
Bid 44.99
Bid Size 1
Category Diversified Emerging Mkts
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 45.83
Day Low 45.0569
Dividend Date 1,530,230,400
Dividend Yield 4.25
Eps Trailing Twelve Months 5.290001
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 46.6012
Fifty Day Average Change -1.3811989
Fifty Day Average Change Percent -0.029638698
Fifty Two Week Change Percent 13.114357
Fifty Two Week High 49.49
Fifty Two Week High Change -4.2700005
Fifty Two Week High Change Percent -0.08628006
Fifty Two Week Low 39.91
Fifty Two Week Low Change 5.3100014
Fifty Two Week Low Change Percent 0.1330494
Fifty Two Week Range 39.91 - 49.49
First Trade Date Milliseconds 1,329,489,000,000
Five Year Average Return 0.045471903
Full Exchange Name NasdaqGM
Fund Family First Trust
Fund Inception Date 1,329,264,000
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 Small Cap AlphaDEX Fund
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_170740227
Nav Price 45.97
Net Assets 251,797,872.0
Net Expense Ratio 0.8
Open 45.83
Phone (800) 621-1675
Previous Close 46.49
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.2700005
Regular Market Change Percent -2.7317712
Regular Market Day High 45.83
Regular Market Day Low 45.0569
Regular Market Day Range 45.0569 - 45.83
Regular Market Open 45.83
Regular Market Previous Close 46.49
Regular Market Price 45.22
Regular Market Time 1,783,972,800
Regular Market Volume 8,577
Short Name First Trust Emerging Markets Sm
Source Interval 15
Symbol FEMS
Three Year Average Return 0.1033232
Total Assets 251,797,872
Tradeable 0
Trailing P E 8.5482025
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.20367
Trailing Three Month Returns 1.20367
Triggerable 1
Two Hundred Day Average 44.917
Two Hundred Day Average Change 0.3030014
Two Hundred Day Average Change Percent 0.006745807
Type Disp ETF
Volume 8,577
Yield 0.0425
Ytd Return 8.40829