First Trust Emerging Markets Equity Select ETF (RNEM)

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First Trust Emerging Markets Equity Select ETF (RNEM) is up 1.3% since the beginning of the year. RNEM is currently trading at $56 per share. Investors who bought $1,000 worth of RNEM shares 5 years ago would now be looking at an investment worth $1,268.

First Trust Emerging Markets Equity Select ETF (RNEM) has returned 1.33% so far this year and 5.97% over the past 12 months.

Based on dividend-adjusted daily data since Jun 23, 2017, RNEM's average daily return is +0.02%, while the average monthly return is +0.43%. At this rate, an investment would double in approximately 13.5 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2020 with a return of +12.1%, while the worst month was Mar 2020 at -19.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, RNEM closed higher 46% of trading days. The best single day was Oct 22, 2018 with a return of +11.7%, while the worst single day was Oct 25, 2018 at -11.0%.

First Trust Emerging Markets Equity Select ETF has an annualized alpha of -1.12%, beta of 0.47, and R2 of 0.27 versus S&P 500 Index. Calculated based on daily prices since June 23, 2017.

• This ETF participated in 70.23% of S&P 500 Index downside but only 45.82% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.47 may look defensive, but with R2 of 0.27 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.27 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

RNEM has an expense ratio of 0.75%, placing it in the medium range.

RNEM ranks 15 for risk / return — in the bottom 15% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

First Trust Emerging Markets Equity Select ETF provided a 2.71% dividend yield over the last twelve months, with an annual payout of $1.52 per share.

The table displays the monthly dividend distributions for First Trust Emerging Markets Equity Select ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the First Trust Emerging Markets Equity Select ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust Emerging Markets Equity Select ETF was 38.38%, occurring on Mar 23, 2020. Recovery took 834 trading sessions.

The current First Trust Emerging Markets Equity Select ETF drawdown is 4.80%.

The chart below shows the rolling one-month volatility.