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 30 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%	162.03B	Oct 2012	EMDM vs IEMG
BBEM	JPMorgan Betabuilders Emerging Markets Equity ETF	0.15%	852.64M	May 2023	EMDM vs BBEM
XCNY	SPDR S&P Emerging Markets ex-China ETF	0.15%	9.92M	Sep 2024	EMDM vs XCNY
DIEM	Franklin Emerging Market Core Dividend Tilt Index ...	0.19%	60.92M	Jun 2016	EMDM vs DIEM
STXE	Strive Emerging Markets Ex-China ETF	0.32%	152.90M	Jan 2023	EMDM vs STXE

Best Risk-Adjusted Alternatives to EMDM

EMDM has a PortfoliosLab risk / return rank of 93. There are 3 ETFs in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
EMEQ	Nomura Focused Emerging Markets Equity ETF	96	67.50M	Sep 2024	EMDM vs EMEQ
FRDM	Freedom 100 Emerging Markets ETF	94	2.93B	May 2019	EMDM vs FRDM
HEEM	iShares Currency Hedged MSCI Emerging Markets ETF	93	275.28M	Sep 2014	EMDM vs HEEM
STXE	Strive Emerging Markets Ex-China ETF	93	152.90M	Jan 2023	EMDM vs STXE
DIEM	Franklin Emerging Market Core Dividend Tilt Index ...	91	60.92M	Jun 2016	EMDM vs DIEM

Top Performing EMDM Alternatives (YTD)

EMDM is at 40.89% YTD. There are 6 ETFs in the Emerging Markets Diversified category with higher YTD returns, going as high as 80.39%.

Symbol	Name	YTD Return	AUM	Inception
EMEQ	Nomura Focused Emerging Markets Equity ETF	80.39%	67.50M	Sep 2024	EMDM vs EMEQ
FTHF	First Trust Emerging Markets Human Flourishing ETF	54.07%	117.91M	Oct 2023	EMDM vs FTHF
STXE	Strive Emerging Markets Ex-China ETF	48.78%	152.90M	Jan 2023	EMDM vs STXE
EMSF	Matthews Emerging Markets Sustainable Future Activ...	46.95%	46.46M	Sep 2023	EMDM vs EMSF
FRDM	Freedom 100 Emerging Markets ETF	46.51%	2.93B	May 2019	EMDM vs FRDM

Lowest Volatility Alternatives to EMDM

EMDM has 23.38% 1-year volatility. There are 38 ETFs in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 14.70%.

Symbol	Name	Volatility 1Y	AUM	Inception
XC	WisdomTree Emerging Markets ex-China Fund	14.70%	77.69M	Sep 2022	EMDM vs XC
UEVM	VictoryShares Emerging Markets Value Momentum ETF	15.05%	252.78M	Oct 2017	EMDM vs UEVM
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	15.50%	1.76B	Oct 2007	EMDM vs DGS
XCNY	SPDR S&P Emerging Markets ex-China ETF	16.57%	9.92M	Sep 2024	EMDM vs XCNY
AVEE	Avantis Emerging Markets Small Cap Equity ETF	16.70%	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%	252.78M	Oct 2017	EMDM vs UEVM
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	-10.06%	1.76B	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%	275.28M	Sep 2014	EMDM vs HEEM
EEMS	iShares MSCI Emerging Markets Small-Cap ETF	-10.87%	398.18M	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 11 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	Technology Equities, Cybersecurity	32	32.24%	13.68B	Jul 2015	EMDM vs CIBR
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	81	29.13%	11.29B	Nov 2009	EMDM vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	4	-8.47%	133.88M	Feb 2012	EMDM vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	81	31.07%	10.62B	Mar 2014	EMDM vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	73	13.62%	7.39B	Mar 2006	EMDM vs FDL
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	30	2.52%	591.41M	Mar 2021	EMDM vs IGLD
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	88	32.96%	4.66B	Aug 2012	EMDM vs TDIV
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	97	111.04%	2.52B	Sep 2016	EMDM vs FTXL
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	21	2.25%	3.28B	Mar 2018	EMDM vs KNG
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	91	53.57%	895.30M	Feb 2007	EMDM vs QCLN

Often Compared With EMDM

Investors most often compare EMDM with VOO, EUFN, AIA. 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	75	11.69%	1.60T	Sep 2010	EMDM vs VOO
EUFN	iShares MSCI Europe Financials ETF	Financials Equities	35	3.64%	3.64B	Jan 2010	EMDM vs EUFN
AIA	iShares Asia 50 ETF	Asia Pacific Equities	94	54.52%	5.05B	Nov 2007	EMDM vs AIA
EMM	Global X Emerging Markets ex-China ETF	Emerging Markets Diversified	86	34.52%	63.44M	Sep 2010	EMDM vs EMM
SPY	State Street SPDR S&P 500 ETF	S&P 500	75	11.69%	781.00B	Jan 1993	EMDM vs SPY
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	Emerging Markets Equities	71	12.06%	46.73M	Mar 2015	EMDM vs SDEM
FDT	First Trust Developed Markets ex-US AlphaDEX Fund	Foreign Large Cap Equities	85	26.31%	1.33B	Apr 2011	EMDM vs FDT
FEMR	Fidelity Enhanced Emerging Markets ETF	Emerging Markets Diversified	87	35.27%	—	Nov 2024	EMDM vs FEMR
FMQQ	FMQQ The Next Frontier Internet & Ecommerce ETF	Emerging Markets Diversified	2	-16.41%	32.05M	Sep 2021	EMDM vs FMQQ
FDD	First Trust STOXX European Select Dividend Index F...	Europe Equities, Dividend	65	12.85%	884.12M	Aug 2007	EMDM vs FDD
PEMX	Putnam Emerging Markets Ex-China ETF	Emerging Markets Diversified	91	41.25%	21.74M	May 2023	EMDM vs PEMX
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	Emerging Markets Diversified	84	27.22%	9.30B	Apr 2022	EMDM vs DFEM
EPU	iShares MSCI Peru ETF	Mid Cap Blend Equities	77	19.12%	531.07M	Jun 2009	EMDM vs EPU
VXUS	Vanguard Total International Stock ETF	Global Equities	63	15.39%	629.30B	Jan 2011	EMDM vs VXUS
FCA	First Trust China AlphaDEX Fund	China Equities	62	11.53%	102.34M	Apr 2011	EMDM vs FCA
MEMX	Matthews Emerging Markets Ex China Active ETF	Emerging Markets Diversified	90	34.37%	49.54M	Jan 2023	EMDM vs MEMX
VT	Vanguard Total World Stock ETF	Global Equities	72	13.23%	90.20B	Jun 2008	EMDM vs VT
DFEV	Dimensional Emerging Markets Value ETF	Emerging Markets Diversified	91	31.24%	2.01B	Apr 2022	EMDM vs DFEV
DEHP	Dimensional Emerging Markets High Profitability ET...	Emerging Markets Diversified	91	37.06%	450.18M	Apr 2022	EMDM vs DEHP
CGNG	Capital Group New Geography Equity ETF	Emerging Markets Diversified	61	17.63%	2.35B	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