EMM vs. FPA ETF Comparison
Comparison of Global X Emerging Markets ETF (EMM) to First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA)
EMM
Global X Emerging Markets ETF
EMM Description
EMM seeks long-term capital growth by investing in companies believed to be able to achieve and maintain a leading position within their respective country, region, industry, products produce, or services provided. The belief is that emerging markets have the potential for higher levels of growth based on the occurrence of socio-economic changes. Thus, an opportunistic approach to investing in companies considered to be best positioned to benefit from these changes. The funds investable universe is limited to emerging market stocks that meet minimum trading volume and market capitalization requirements. The selection process also considers advantageous-competitive strategies and share-holder beneficial practices and philosophies. The portfolio is constructed using a bottom-up fundamental analysis, subject to a risk management framework. The fund may engage in active and frequent trading. On May 15, 2023, EMM converted from a mutual fund to an actively managed ETF, with $18 million in assets.
Grade (RS Rating)
Last Trade
$27.75
Average Daily Volume
4,457
10
FPA
First Trust Asia Pacific ex-Japan AlphaDEX Fund
FPA Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Asia Pacific Ex-Japan Index. The fund normally invests at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Asia Pacific Ex-Japan BMI Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$29.34
Average Daily Volume
885
6
Performance
Period | EMM | FPA |
---|---|---|
30 Days | -1.63% | -3.99% |
60 Days | -1.89% | 0.88% |
90 Days | 2.57% | 6.49% |
12 Months | 16.29% | 24.56% |
1 Overlapping Holdings
Symbol | Grade | Weight in EMM | Weight in FPA | Overlap | |
---|---|---|---|---|---|
SHG | D | 1.78% | 1.64% | 1.64% |
EMM: Top Represented Industries & Keywords
FPA: Top Represented Industries & Keywords