Summary
FEM
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 24.44% Volatility 19.42% Sharpe 1.69
Official loaded data — not a live quote.

FIRST TRUST EMERGING MARKETS ALPHADEX FUND

Symbol: FEM

Exchange: NASDAQ

Sector: Technology

Category: Diversified Emerging Mkts

Inception date: 18/04/2011

Latest date: 20/07/2026

Current price: $30.56

Expense ratio: 0.80%

Assets under management
$747.0M
-0.49% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-6.72%

Ann. -31.67% (Sharpe / Sortino numerator)

Volatility

28.68%

Sharpe ratio

-1.231

VaR 95%

-3.43%

CVaR 95%: -4.07%
Max drawdown: -5.30%
Sortino ratio: -1.510
Calmar ratio: -5.97

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-6.55%

Ann. 40.55% (Sharpe / Sortino numerator)

Volatility

22.40%

Sharpe ratio

1.648

VaR 95%

-2.86%

CVaR 95%: -3.62%
Max drawdown: -9.41%
Sortino ratio: 1.898
Calmar ratio: 4.31

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

6.46%

Ann. 27.07% (Sharpe / Sortino numerator)

Volatility

19.49%

Sharpe ratio

1.202

VaR 95%

-1.94%

CVaR 95%: -3.17%
Max drawdown: -9.41%
Sortino ratio: 1.433
Calmar ratio: 2.88

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

24.44%

Ann. 36.51% (Sharpe / Sortino numerator)

Volatility

19.42%

Sharpe ratio

1.693

VaR 95%

-1.53%

CVaR 95%: -3.11%
Max drawdown: -11.81%
Sortino ratio: 1.924
Calmar ratio: 3.09

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

35.56%

Ann. 17.97% (Sharpe / Sortino numerator)

Volatility

18.10%

Sharpe ratio

0.793

VaR 95%

-1.63%

CVaR 95%: -2.78%
Max drawdown: -18.79%
Sortino ratio: 1.011
Calmar ratio: 0.96

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

51.55%

Ann. 17.15% (Sharpe / Sortino numerator)

Volatility

17.10%

Sharpe ratio

0.791

VaR 95%

-1.60%

CVaR 95%: -2.51%
Max drawdown: -18.79%
Sortino ratio: 1.070
Calmar ratio: 0.91

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.095%

Best day

4.529%

08/04/2026
Worst day

-4.747%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $30.71 $31.06 $30.54 $30.56 112,400
17/07/2026 $30.45 $30.85 $30.39 $30.82 97,800
16/07/2026 $31.40 $31.51 $31.25 $31.34 73,700
15/07/2026 $31.84 $31.93 $31.49 $31.85 112,000
14/07/2026 $31.59 $31.74 $31.53 $31.66 94,700
13/07/2026 $31.70 $32.06 $31.41 $31.44 102,900
10/07/2026 $31.85 $32.11 $31.76 $32.07 76,800
09/07/2026 $31.53 $31.76 $31.53 $31.71 85,100
08/07/2026 $31.07 $31.42 $30.93 $31.37 254,500
07/07/2026 $31.29 $31.40 $30.98 $31.10 107,700