- Issuer
- First Trust
- Inception Date
- Mar 31, 2020
- Region
- Emerging Markets (Broad)
- Category
- Emerging Markets Equities
- 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
- Assets Under Management
- $36M
Highlights
- Avg. Volume (1M)
- 13K
- Avg. Volume Value (1M)
- $243.80K
Share Price Chart
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Performance
WCME Performance Chart
First Trust WCM Developing World Equity ETF (WCME) is up 7.3% since the beginning of the year. WCME is currently trading at $18 per share.
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Returns By Period
First Trust WCM Developing World Equity ETF (WCME) has returned 7.30% so far this year and 18.22% over the past 12 months.
First Trust WCM Developing World Equity ETF
- 1D
- 0.91%
- 1M
- -3.03%
- 6M
- -1.23%
- YTD
- 7.30%
- 1Y
- 18.22%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.33%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
WCME Monthly Returns History
Based on dividend-adjusted daily data since Oct 7, 2024, WCME's average daily return is +0.07%, while the average monthly return is +1.31%. At this rate, an investment would double in approximately 4.4 years.
Historically, 55% of months were positive and 45% were negative. The best month was Apr 2026 with a return of +12.2%, 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 55% of trading days. The best single day was Apr 9, 2025 with a return of +6.6%, while the worst single day was Jun 5, 2026 at -6.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.63% | -0.12% | -10.12% | 12.15% | 5.28% | -0.77% | -6.08% | 7.30% | |||||
| 2025 | 4.41% | 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 1.87%, beta of 0.92, and R2 of 0.51 versus S&P 500 Index. Calculated based on daily prices since October 07, 2024.
- This ETF participated in 114.02% of S&P 500 Index downside but only 106.83% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.92 and R2 of 0.51, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.87%
- Beta
- 0.92
- R²
- 0.51
- Upside Capture
- 106.83%
- Downside Capture
- 114.02%
Expense Ratio
WCME has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
WCME ranks 32 for risk / return — above 32% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for First Trust WCM Developing World Equity ETF (WCME) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WCME | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.25 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 2.00 | -0.89 |
| Martin ratioReturn relative to average drawdown | 3.42 | 8.49 | -5.07 |
Dividends
Dividend History
First Trust WCM Developing World Equity ETF provided a 0.36% dividend yield over the last twelve months, with an annual payout of $0.07 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.07 | $0.12 | $0.07 |
Dividend yield | 0.36% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.05 | |||||
| 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. Recovery took 25 trading sessions.
The current First Trust WCM Developing World Equity ETF drawdown is 8.83%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-15.64%Mar 2026 | 2mo | 1mo 6d | 3mo 6dJan 2026 - May 2026 | — |
-15.32%Apr 2025 | 6mo 2d | 24d | 6mo 26dOct 2024 - May 2025 | 2025 selloff2025 |
-12.42%Jul 2026 | 1mo 26d | — | 2moJun 2026 - now | — |
-6.78%Dec 2025 | 1mo 18d | 19d | 2mo 7dOct 2025 - Jan 2026 | — |
-5.13%Oct 2025 | 3d | 17d | 20dOct 2025 - Oct 2025 | — |
Drawdown Indicators
| WCME | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.64% | -56.78% | +41.14% |
Max Drawdown (1Y)Largest decline over 1 year | -15.64% | -9.10% | -6.54% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -8.83% | -1.58% | -7.25% |
Average DrawdownAverage peak-to-trough decline | -3.87% | -10.70% | +6.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.10% | 2.14% | +2.96% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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