FTEMUX

About FTEMUX

First Trust Emerging Markets Small Cap AlphaDEX Fund Class I is an exchange-traded fund that seeks to track a rules-based index of small-cap companies across emerging markets. It follows the Nasdaq AlphaDEX Emerging Markets Small Cap Index, which applies quantitative selection and weighting to identify stocks exhibiting growth and value characteristics, rather than relying on traditional market-cap weighting. The portfolio spans a broad set of sectors—including consumer, industrials, financials, technology, health care, and materials—and typically holds a few hundred names to diversify single-stock exposure. The fund’s methodology aims to capture factor premiums in less-efficient markets by screening and scoring companies on multiple fundamentals before equalizing exposure within ranked groups. Since its 2012 inception, it has maintained a small-cap focus within developing economies while reflecting periodic rebalances of the underlying index. By offering systematic, style-aware access to emerging markets small caps, the fund serves as a building block for global equity allocations where investors seek diversified exposure beyond large-cap benchmarks.