EMDM

First Trust Bloomberg Emerging Market Democracies ETF

$30.64
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The First Trust Bloomberg Emerging Market Democracies ETF (EMDM) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Emerging Market Democracies Index.

Overview

ETF tracking First Trust Bloomberg Emerging Market Democracies ETF

Issuer First Trust
Inception Date 2023-03-03
Market Cap $10.7M
Average Volume N/A
Dividend Yield 3.80%
52-Week Range $19.21 - $31.04
VWAP $30.58

Performance

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Investment Summary

📎 Investment Objective

The First Trust Bloomberg Emerging Market Democracies ETF (EMDM) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Emerging Market Democracies Index.

🎯 Investment Strategy

The fund invests in a portfolio of securities that seeks to track the performance of the underlying index. The index is designed to measure the performance of emerging market countries that have democratic political systems and market-oriented economies.

✨ Key Features

  • Exposure to emerging market countries with democratic political systems and market-oriented economies
  • Seeks to track the performance of the Bloomberg Emerging Market Democracies Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Emerging market risk: Emerging markets may be subject to greater political, economic, and social instability, and information inefficiency
  • Currency risk: The fund's returns could be reduced by currency fluctuations against the U.S. dollar
  • Concentration risk: The fund may be more susceptible to adverse events affecting a particular sector or geographic region
  • Liquidity risk: The fund may have difficulty trading certain securities at an advantageous time and price

👤 Best For

This ETF may be suitable for investors seeking broad exposure to emerging market countries with democratic political systems and market-oriented economies as part of a diversified portfolio. However, due to the fund's limited performance history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.