EMDM Alternatives & Similar ETFs

First Trust Bloomberg Emerging Market Democracies ETF (EMDM) belongs to the Emerging Markets Diversified category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EMDM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EMDM

EMDM charges 0.75% annually. There are 29 ETFs in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
IEMG	iShares Core MSCI Emerging Markets ETF	0.09%	165.70B	Oct 2012	EMDM vs IEMG
XCNY	SPDR S&P Emerging Markets ex-China ETF	0.15%	10.16M	Sep 2024	EMDM vs XCNY
BBEM	JPMorgan Betabuilders Emerging Markets Equity ETF	0.15%	851.97M	May 2023	EMDM vs BBEM
DIEM	Franklin Emerging Market Core Dividend Tilt Index ...	0.19%	63.00M	Jun 2016	EMDM vs DIEM
STXE	Strive Emerging Markets Ex-China ETF	0.32%	151.08M	Jan 2023	EMDM vs STXE

Best Risk-Adjusted Alternatives to EMDM

EMDM has a PortfoliosLab risk / return rank of 90. There is 1 ETF in the Emerging Markets Diversified category with a higher risk-adjusted rank, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
EMEQ	Nomura Focused Emerging Markets Equity ETF	94	658.42M	Sep 2024	EMDM vs EMEQ
FRDM	Freedom 100 Emerging Markets ETF	90	2.93B	May 2019	EMDM vs FRDM
STXE	Strive Emerging Markets Ex-China ETF	89	151.08M	Jan 2023	EMDM vs STXE
HEEM	iShares Currency Hedged MSCI Emerging Markets ETF	88	296.41M	Sep 2014	EMDM vs HEEM
FTHF	First Trust Emerging Markets Human Flourishing ETF	87	130.92M	Oct 2023	EMDM vs FTHF

Top Performing EMDM Alternatives (YTD)

EMDM is at 35.53% YTD. There are 6 ETFs in the Emerging Markets Diversified category with higher YTD returns, going as high as 77.86%.

Symbol	Name	YTD Return	AUM	Inception
EMEQ	Nomura Focused Emerging Markets Equity ETF	77.86%	658.42M	Sep 2024	EMDM vs EMEQ
FTHF	First Trust Emerging Markets Human Flourishing ETF	48.98%	130.92M	Oct 2023	EMDM vs FTHF
EMSF	Matthews Emerging Markets Sustainable Future Activ...	45.49%	48.02M	Sep 2023	EMDM vs EMSF
STXE	Strive Emerging Markets Ex-China ETF	44.03%	151.08M	Jan 2023	EMDM vs STXE
FRDM	Freedom 100 Emerging Markets ETF	39.87%	2.93B	May 2019	EMDM vs FRDM

Lowest Volatility Alternatives to EMDM

EMDM has 26.11% 1-year volatility. There are 36 ETFs in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 15.09%.

Symbol	Name	Volatility 1Y	AUM	Inception
XC	WisdomTree Emerging Markets ex-China Fund	15.09%	80.36M	Sep 2022	EMDM vs XC
UEVM	VictoryShares Emerging Markets Value Momentum ETF	15.84%	254.79M	Oct 2017	EMDM vs UEVM
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	16.88%	1.84B	Oct 2007	EMDM vs DGS
XCNY	SPDR S&P Emerging Markets ex-China ETF	18.05%	10.16M	Sep 2024	EMDM vs XCNY
AVEE	Avantis Emerging Markets Small Cap Equity ETF	18.30%	117.88M	Nov 2023	EMDM vs AVEE

Lowest Drawdown Alternatives to EMDM

EMDM has a 1-year max drawdown of -15.65%. There are 36 ETFs in the Emerging Markets Diversified category with shallower 1-year drawdowns, going as shallow as -9.79%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
UEVM	VictoryShares Emerging Markets Value Momentum ETF	-9.79%	254.79M	Oct 2017	EMDM vs UEVM
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	-10.06%	1.84B	Oct 2007	EMDM vs DGS
AVEE	Avantis Emerging Markets Small Cap Equity ETF	-10.65%	117.88M	Nov 2023	EMDM vs AVEE
HEEM	iShares Currency Hedged MSCI Emerging Markets ETF	-10.83%	296.41M	Sep 2014	EMDM vs HEEM
EEMS	iShares MSCI Emerging Markets Small-Cap ETF	-10.87%	390.89M	Aug 2011	EMDM vs EEMS

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	18	18.06%	13.59B	Jul 2015	EMDM vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	EMDM vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	EMDM vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	EMDM vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	69	12.67%	9.22B	Mar 2006	EMDM vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	EMDM vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	EMDM vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	EMDM vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	EMDM vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	Mar 2018	EMDM vs KNG

Often Compared With EMDM

Investors most often compare EMDM with VOO, AIA, EUFN. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	EMDM vs VOO
AIA	iShares Asia 50 ETF	Asia Pacific Equities	86	43.04%	5.44B	Nov 2007	EMDM vs AIA
EUFN	iShares MSCI Europe Financials ETF	Financials Equities	47	7.49%	3.69B	Jan 2010	EMDM vs EUFN
EMM	Global X Emerging Markets ex-China ETF	Emerging Markets Diversified	76	30.43%	63.19M	Sep 2010	EMDM vs EMM
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	Emerging Markets Equities	61	9.57%	44.25M	Mar 2015	EMDM vs SDEM
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	EMDM vs SPY
FDT	First Trust Developed Markets ex-US AlphaDEX Fund	Foreign Large Cap Equities	73	20.49%	1.35B	Apr 2011	EMDM vs FDT
FEMR	Fidelity Enhanced Emerging Markets ETF	Emerging Markets Diversified	77	29.38%	—	Nov 2024	EMDM vs FEMR
FMQQ	FMQQ The Next Frontier Internet & Ecommerce ETF	Emerging Markets Diversified	2	-17.33%	19.10M	Sep 2021	EMDM vs FMQQ
VXUS	Vanguard Total International Stock ETF	Global Equities	55	12.51%	652.30B	Jan 2011	EMDM vs VXUS
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	Emerging Markets Diversified	66	20.81%	9.44B	Apr 2022	EMDM vs DFEM
MEMX	Matthews Emerging Markets Ex China Active ETF	Emerging Markets Diversified	83	29.86%	50.85M	Jan 2023	EMDM vs MEMX
PEMX	Putnam Emerging Markets Ex-China ETF	Emerging Markets Diversified	87	38.87%	34.67M	May 2023	EMDM vs PEMX
FDD	First Trust STOXX European Select Dividend Index F...	Europe Equities, Dividend	60	10.10%	865.10M	Aug 2007	EMDM vs FDD
EPU	iShares MSCI Peru ETF	Mid Cap Blend Equities	76	18.54%	548.10M	Jun 2009	EMDM vs EPU
FCA	First Trust China AlphaDEX Fund	China Equities	37	3.82%	97.47M	Apr 2011	EMDM vs FCA
VT	Vanguard Total World Stock ETF	Global Equities	59	10.06%	95.30B	Jun 2008	EMDM vs VT
DEHP	Dimensional Emerging Markets High Profitability ET...	Emerging Markets Diversified	78	29.64%	451.43M	Apr 2022	EMDM vs DEHP
DFEV	Dimensional Emerging Markets Value ETF	Emerging Markets Diversified	80	25.45%	2.03B	Apr 2022	EMDM vs DFEV
CGNG	Capital Group New Geography Equity ETF	Emerging Markets Diversified	52	14.12%	2.59B	Jun 2024	EMDM vs CGNG

Compare EMDM with Any Fund or Stock

Compare EMDM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair EMDM with funds that move differently

First Trust Bloomberg Emerging Market Democracies ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMDM.

Explore EMDM Diversifiers

First Trust Bloomberg Emerging Market Democracies ETF (EMDM) Alternatives