First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS)

• Market cap: $248M
• 1 day: -1.78%
• 5 days: -0.12%
• 1 month: 3.82%
• 3 months: 6.93%
• 6 months: 2.60%
• Year to date: 6.79%
• 1 year: -1.08%
• 5 years: 24.81%
• 10 years: 15.46%

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 2 (+1) [Q1 2025]

13% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 23

5.64% more ownership

Funds ownership: 63.47% [Q4 2024] → 69.11% (+5.64%) [Q1 2025]

3% less capital invested

Capital invested by funds: $181M [Q4 2024] → $176M (-$4.92M) [Q1 2025]

3% less funds holding

Funds holding: 69 [Q4 2024] → 67 (-2) [Q1 2025]

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8