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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
Assets Under Management
$37M

Share Price Chart


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Performance

WCME Performance Chart

First Trust WCM Developing World Equity ETF (WCME) is up 17.6% since the beginning of the year. WCME is currently trading at $20 per share.


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S&P 500 Index

Returns By Period

First Trust WCM Developing World Equity ETF (WCME) has returned 17.58% so far this year and 34.19% over the past 12 months.


First Trust WCM Developing World Equity ETF

1D
1.04%
1M
5.83%
YTD
17.58%
6M
19.22%
1Y
34.19%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WCME Monthly Returns History

Based on dividend-adjusted daily data since Oct 7, 2024, WCME's average daily return is +0.09%, while the average monthly return is +1.80%. At this rate, an investment would double in approximately 3.2 years.

Historically, 62% of months were positive and 38% 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20268.63%-0.12%-10.12%12.15%5.28%2.12%17.58%
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 8.10%, beta of 0.89, and R2 of 0.53 versus S&P 500 Index. Calculated based on daily prices since October 07, 2024.

  • This ETF captured 106.83% of S&P 500 Index gains but only 69.32% of its losses - a favorable profile for investors.
  • This ETF generated an annualized alpha of 8.10% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 0.89 and R2 of 0.53, 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
8.10%
Beta
0.89
0.53
Upside Capture
106.83%
Downside Capture
69.32%

Expense Ratio

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


Return for Risk

Risk / Return Rank

WCME ranks 46 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: 4646
Overall Rank
WCME Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
WCME Sortino Ratio Rank: 4343
Sortino Ratio Rank
WCME Omega Ratio Rank: 4747
Omega Ratio Rank
WCME Calmar Ratio Rank: 4646
Calmar Ratio Rank
WCME Martin Ratio Rank: 4646
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 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.


WCMEBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.47

Sortino ratioReturn per unit of downside risk

-0.65

Omega ratioGain probability vs. loss probability

1.29

1.37

-0.08

Calmar ratioReturn relative to maximum drawdown

2.20

2.78

-0.59

Martin ratioReturn relative to average drawdown

7.51

12.44

-4.93

Dividends

Dividend History

First Trust WCM Developing World Equity ETF provided a 0.58% 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

0.58%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$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. Recovery took 25 trading sessions.

The current First Trust WCM Developing World Equity ETF drawdown is 0.09%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 correction2026
-15.64%Mar 2026
2mo1mo 6d
3mo 6dJan 2026 - May 2026
2025 selloff2025
-15.32%Apr 2025
6mo 2d24d
6mo 26dOct 2024 - May 2025
2026 correction2026
-10.19%Jun 2026
7d
20d 13hJun 2026 - now
2025 pullback2025
-6.78%Dec 2025
1mo 18d19d
2mo 7dOct 2025 - Jan 2026
2025 pullback2025
-5.13%Oct 2025
3d17d
20dOct 2025 - Oct 2025

Drawdown Indicators


WCMEBenchmarkDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-0.09%

-1.80%

+1.71%

Average Drawdown

Average peak-to-trough decline

-3.70%

-10.71%

+7.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.57%

2.03%

+2.54%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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Add First Trust WCM Developing World Equity ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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