Emerging Markets Equity Select ETFEmerging Markets Equity Select ETFEmerging Markets Equity Select ETF

Emerging Markets Equity Select ETF

No trades
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Key stats


Assets under management (AUM)
‪16.66 M‬USD
Fund flows (1Y)
‪−2.55 M‬USD
Dividend yield (indicated)
3.85%
Discount/Premium to NAV
−0.3%
Shares outstanding
‪300.00 K‬
Expense ratio
0.75%

About Emerging Markets Equity Select ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
Jun 20, 2017
Structure
Open-Ended Fund
Index tracked
Nasdaq Riskalyze Emerging Markets Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
RNEM seeks stability by filtering the universe of large- and midcap emerging-market stocks for companies with historically low volatility of returns. Within each emerging market country, the fund selects the 25 stocks with the lowest volatility over the previous 12 months. The resulting portfolio is sorted into country/sector buckets, with each bucket set to market weight at each rebalance. Holdings are equal-weighted within the buckets. The funds use of a NASDAQ parent index means that it classifies both South Korea and Taiwan as emerging markets, which may not align with how they are classified in other emerging-market funds. The index is reconstituted and rebalanced semi-annually.

Broaden your horizons with more funds linked to RNEM via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Low volatility
Geography
Emerging Markets
Weighting scheme
Tiered
Selection criteria
Volatility
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stock breakdown by region
9%3%3%3%79%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RNEM trades at 55.06 USD today, its price has fallen −1.04% in the past 24 hours. Track more dynamics on RNEM price chart.
RNEM net asset value is 55.20 today — it's fallen 0.51% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RNEM assets under management is ‪16.66 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RNEM price has fallen by −0.22% over the last month, and its yearly performance shows a 2.23% increase. See more dynamics on RNEM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.51% over the last month, have fallen by −0.51% over the last month, showed a 10.79% increase in three-month performance and has increased by 6.78% in a year.
RNEM fund flows account for ‪−2.55 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RNEM invests in stocks. See more details in our Analysis section.
RNEM expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RNEM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RNEM technical analysis shows the sell rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RNEM shows the buy signal. See more of RNEM technicals for a more comprehensive analysis.
Yes, RNEM pays dividends to its holders with the dividend yield of 3.85%.
RNEM trades at a premium (0.25%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RNEM shares are issued by AJM Ventures LLC
RNEM follows the Nasdaq Riskalyze Emerging Markets Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 20, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.