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First Trust Bloomberg Emerging Market Democracies ETF (EMDM)
Look-through valuation · Global · Expense ratio 0.75 % · ISIN US33734X7545
Price history (since 2023)
Monthly close since 2023. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | 12.0 % | −41.9 % | 75 |
| Samsung Electronics Co Ltd SSNLF | 10.3 % | n/a | n/a |
| SK Hynix Inc 000660 | 6.5 % | −36.9 % | 67 |
| Grupo México S.A.B. de C.V GMEXICOB | 4.1 % | n/a | n/a |
| Petróleo Brasileiro S.A. - Petrobras PETR4 | 2.5 % | n/a | n/a |
| OTP Bank Nyrt 0M69 | 2.2 % | n/a | n/a |
| Anglogold Ashanti HT3 | 2.0 % | n/a | n/a |
| Naspers Limited NNW | 1.9 % | n/a | n/a |
| AMERICA MOVIL SAB DE CV AMXB | 1.9 % | n/a | n/a |
| Powszechna Kasa Oszczednosci Bank Polski SA PKO | 1.9 % | n/a | n/a |
| Polski Koncern Naftowy ORLEN SA PKN | 1.9 % | n/a | n/a |
| Vale S.A. VALE3 | 1.8 % | n/a | n/a |
| HDFC Bank Limited HDFCBANK | 1.8 % | −13.2 % | 49 |
| Grupo Financiero Banorte S.A.B. de C.V GFNORTEO | 1.7 % | n/a | n/a |
| Itaú Unibanco Holding S.A ITUB4 | 1.7 % | n/a | n/a |
| ICICI Bank Limited ICICIBANK | 1.7 % | −32.0 % | 61 |
| Firstrand Ltd FSR | 1.5 % | n/a | n/a |
| Gold Fields Ltd GFI | 1.5 % | n/a | n/a |
| Fomento Económico Mexicano S.A.B. de C.V FEMSAUBD | 1.4 % | −9.5 % | 70 |
| Reliance Industries Limited RELIANCE | 1.3 % | −34.7 % | 49 |
| Falabella FALABELLA | 1.3 % | +44.3 % | 60 |
| Credicorp Ltd BAP | 1.3 % | +105.0 % | 75 |
| Standard Bank Group Ltd SBK | 1.3 % | n/a | n/a |
| Capitec Bank Holdings Ltd CPI | 1.3 % | −59.9 % | 74 |
| National Bank of Greece S.A ETE | 1.2 % | n/a | n/a |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 50 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +22.2 % below FV
- 2 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +17.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +9.8 % below FV
- 4 SHRY First Trust Bloomberg Shareholder Yield ETF +2.2 % below FV
- 5 COWZ Pacer US Cash Cows 100 ETF -0.3 % above FV
- 6 C001 Amundi Core DAX UCITS ETF Dist -2.4 % above FV
- 7 XLC Communication Services Select Sector SPDR® Fund -4.2 % above FV
- 8 EWP iShares MSCI Spain ETF -4.8 % above FV
- 9 FTXO First Trust Nasdaq Bank ETF -6.0 % above FV
- 10 KRE SPDR® S&P Regional Banking ETF -8.9 % above FV
How the look-through works
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust Bloomberg Emerging Market Democracies ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Jul 28, 2026
No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.