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First Trust WCM Developing World Equity ETF (WCME)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Inception Date
Mar 31, 2020
Region
Emerging Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
Actively Managed
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in First Trust WCM Developing World Equity ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

First Trust WCM Developing World Equity ETF (WCME) has returned -1.24% so far this year and 24.53% over the past 12 months.


First Trust WCM Developing World Equity ETF

1D
1.28%
1M
-3.97%
YTD
-1.24%
6M
-1.90%
1Y
24.53%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.72%
1M
-3.54%
YTD
-3.95%
6M
-2.09%
1Y
15.95%
3Y*
16.96%
5Y*
10.34%
10Y*
12.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 7, 2024, WCME's average daily return is +0.05%, while the average monthly return is +1.03%. At this rate, your investment would double in approximately 5.6 years.

Historically, 58% of months were positive and 42% were negative. The best month was Jan 2026 with a return of +8.6%, while the worst month was Mar 2026 at -10.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, WCME closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +6.6%, while the worst single day was Apr 4, 2025 at -6.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20268.63%-0.12%-10.12%1.28%-1.24%
20254.41%1.09%0.62%3.51%7.83%4.26%-0.02%2.74%6.11%2.30%-1.79%-0.11%35.19%
2024-4.15%-2.30%-4.65%-10.72%

Benchmark Metrics

First Trust WCM Developing World Equity ETF has an annualized alpha of 4.83%, beta of 0.80, and R² of 0.53 versus S&P 500 Index. Calculated based on daily prices since October 08, 2024.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (88.68%) than losses (65.92%) — typical of diversified or defensive assets.
  • This ETF generated an annualized alpha of 4.83% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

Alpha
4.83%
Beta
0.80
0.53
Upside Capture
88.68%
Downside Capture
65.92%

Expense Ratio

WCME has a high expense ratio of 0.95%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

WCME ranks 59 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


WCME Risk / Return Rank: 5959
Overall Rank
WCME Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
WCME Sortino Ratio Rank: 6262
Sortino Ratio Rank
WCME Omega Ratio Rank: 6060
Omega Ratio Rank
WCME Calmar Ratio Rank: 5555
Calmar Ratio Rank
WCME Martin Ratio Rank: 5454
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust WCM Developing World Equity ETF (WCME) and compare them to a chosen benchmark (S&P 500 Index).


WCMEBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.20

0.92

+0.28

Sortino ratio

Return per unit of downside risk

1.67

1.41

+0.26

Omega ratio

Gain probability vs. loss probability

1.24

1.21

+0.02

Calmar ratio

Return relative to maximum drawdown

1.64

1.41

+0.23

Martin ratio

Return relative to average drawdown

6.12

6.61

-0.49

Explore WCME risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

First Trust WCM Developing World Equity ETF provided a 0.69% dividend yield over the last twelve months, with an annual payout of $0.12 per share.


0.55%0.60%0.65%$0.00$0.02$0.04$0.06$0.08$0.10$0.1220242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.12$0.12$0.07

Dividend yield

0.69%0.68%0.53%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.00$0.00$0.00$0.01$0.12
2024$0.07$0.07

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust WCM Developing World Equity 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 WCM Developing World Equity ETF was 15.64%, occurring on Mar 30, 2026. The portfolio has not yet recovered.

The current First Trust WCM Developing World Equity ETF drawdown is 11.51%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.64%Jan 29, 202642Mar 30, 2026
-15.32%Oct 8, 2024125Apr 8, 202517May 2, 2025142
-6.78%Oct 30, 202534Dec 17, 202511Jan 5, 202645
-5.13%Oct 7, 20254Oct 10, 202511Oct 27, 202515
-2.22%Jul 7, 20256Jul 14, 20257Jul 23, 202513

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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