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First Trust WCM Developing World Equity ETF (WCME)

Diversified Emerging Mkts | Exchange Traded Fund | NYSEArca
18.59 USD +0.21 (1.117%) ⇧ (April 17, 2026, 3:50 p.m. EDT)
Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 18, 2026, 8:12 p.m. EDT

WCME presents a classic 'wait and see' trap: while recent price action shows a technical bounce back to the 50-day average, the underlying fundamentals offer little comfort. The forecast model predicts a flat-to-slightly-negative 45-day return, and the extreme statistical significance of the Ljung-Box p-value (near zero) combined with heteroscedasticity suggests the time-series model cannot reliably predict a directional trend, indicating high volatility or regime instability. Furthermore, the dividend profile is a major detractor; a 0.7% yield coupled with a 2025 quarterly payment of only $0.014 signals an inefficient payout structure, likely functioning as a yield drag rather than income generation in a high-rate environment.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.044309
AutoARIMA0.044360
AutoETS0.044376
AutoTheta0.052687

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 57%
H-stat 2.37
Ljung-Box p 0.000
Jarque-Bera p 0.148
Excess Kurtosis -1.38
Attribute Value
Trailing P/E 21.16

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.08% 0.75% — —
Dividend History
Date Dividend Yield %
2025-12-12 0.014 0.082450
2025-06-26 0.104 0.667208
2024-12-13 0.068 0.509396
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.7

Info Dump

Attribute Value
All Time High 19.3
All Time Low 12.08
Ask 23.55
Ask Size 400
Average Daily Volume10 Day 60,040
Average Daily Volume3 Month 27,459
Average Volume 27,459
Average Volume10Days 60,040
Beta3 Year 1.06
Bid 13.95
Bid Size 100
Category Diversified Emerging Mkts
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 18.71
Day Low 18.5931
Dividend Yield 0.7
Eps Trailing Twelve Months 0.8785522
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 17.77528
Fifty Day Average Change 0.8178196
Fifty Day Average Change Percent 0.046008818
Fifty Two Week Change Percent 40.48357
Fifty Two Week High 19.3
Fifty Two Week High Change -0.70689964
Fifty Two Week High Change Percent -0.036626928
Fifty Two Week Low 13.22
Fifty Two Week Low Change 5.3730993
Fifty Two Week Low Change Percent 0.40643716
Fifty Two Week Range 13.22 - 19.3
First Trade Date Milliseconds 1,728,653,400,000
Five Year Average Return 0.054456
Full Exchange Name NYSEArca
Fund Family First Trust
Fund Inception Date 1,585,612,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies located in developing countries. The fund is non-diversified.
Long Name First Trust WCM Developing World Equity ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1884587413
Nav Price 18.44
Net Assets 22,355,832.0
Net Expense Ratio 0.95
Open 18.58
Phone 630-241-4141
Previous Close 18.3878
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.205299
Regular Market Change Percent 1.1165
Regular Market Day High 18.71
Regular Market Day Low 18.5931
Regular Market Day Range 18.5931 - 18.71
Regular Market Open 18.58
Regular Market Previous Close 18.3878
Regular Market Price 18.5931
Regular Market Time 1,776,455,402
Regular Market Volume 10,114
Short Name First Trust WCM Developing Worl
Source Interval 15
Symbol WCME
Three Year Average Return 0.14089389
Total Assets 22,355,832
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 21.163342
Trailing Peg Ratio None
Trailing Three Month Nav Returns -2.32693
Trailing Three Month Returns -2.32693
Triggerable 1
Two Hundred Day Average 17.171125
Two Hundred Day Average Change 1.4219742
Two Hundred Day Average Change Percent 0.08281194
Type Disp ETF
Volume 10,114
Yield 0.0069999998
Ytd Return -2.32693