RNEM vs. SPWO ETF Comparison
Comparison of First Trust Emerging Markets Equity Select ETF (RNEM) to SP Funds S&P World (ex-US) ETF (SPWO)
RNEM
First Trust Emerging Markets Equity Select ETF
RNEM Description
The Emerging Markets Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Emerging Markets Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").
Grade (RS Rating)
Last Trade
$51.34
Average Daily Volume
1,134
8
SPWO
SP Funds S&P World (ex-US) ETF
SPWO Description
The Shariah World Index is designed to measure the performance of companies located in developed and emerging markets outside of the United States that pass rules-based screens for adherence to shariah investment guidelines, with a cap applied to ensure diversification among companies in the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.35
Average Daily Volume
6,706
55
Performance
Period | RNEM | SPWO |
---|---|---|
30 Days | -2.95% | -4.01% |
60 Days | -5.95% | -1.39% |
90 Days | -4.43% | -2.52% |
12 Months | 5.37% |
RNEM Underweight 52 Positions Relative to SPWO
Symbol | Grade | Weight | |
---|---|---|---|
TSM | B | -16.44% | |
NVO | D | -2.44% | |
SAP | B | -1.85% | |
PDD | F | -1.82% | |
INFY | B | -1.68% | |
NVS | D | -1.58% | |
AZN | D | -1.5% | |
UL | D | -1.18% | |
JD | D | -1.15% | |
SHOP | B | -1.06% | |
BHP | F | -1.04% | |
SNY | F | -0.86% | |
ABBV | D | -0.76% | |
RELX | C | -0.7% | |
GSK | F | -0.58% | |
RIO | D | -0.55% | |
CNI | D | -0.5% | |
WCN | A | -0.4% | |
UMC | F | -0.37% | |
LI | F | -0.31% | |
BEKE | D | -0.31% | |
GFI | D | -0.3% | |
BGNE | D | -0.29% | |
HLN | D | -0.27% | |
GOLD | D | -0.21% | |
WDS | D | -0.21% | |
CPNG | D | -0.2% | |
NOK | D | -0.19% | |
WIT | A | -0.18% | |
ERIC | B | -0.18% | |
SCCO | F | -0.16% | |
RDY | F | -0.16% | |
XPEV | C | -0.14% | |
PAC | B | -0.13% | |
CHKP | D | -0.12% | |
VIPS | F | -0.12% | |
ICLR | D | -0.12% | |
MMYT | B | -0.11% | |
XRX | F | -0.11% | |
JHX | C | -0.11% | |
HTHT | D | -0.1% | |
SQM | F | -0.1% | |
ARM | D | -0.1% | |
ASR | D | -0.1% | |
CYBR | B | -0.09% | |
KOF | F | -0.08% | |
NICE | C | -0.07% | |
WIX | B | -0.07% | |
SNN | D | -0.07% | |
BZ | F | -0.07% | |
PSO | B | -0.06% | |
TS | B | -0.05% |
RNEM: Top Represented Industries & Keywords
SPWO: Top Represented Industries & Keywords