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First Trust RiverFront Dynamic Emerging Markets (RFEM)Overvalued or undervalued?
Look-through valuation · Global · Expense ratio 0.95 % · ISIN US33739P7078
Price history (since 2016)
Monthly close since 2016. 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 | 10.5 % | −24.3 % | 72 |
| MediaTek Inc 2454 | 7.7 % | −67.0 % | 79 |
| Unimicron Technology Corp 3037 | 3.7 % | n/a | n/a |
| iShares Trust - iShares MSCI China ETF MCHI | 3.0 % | n/a | n/a |
| Tencent Holdings Ltd 0700 | 2.9 % | +5.8 % | 70 |
| Kia Corp 000270 | 2.5 % | +50.6 % | 58 |
| Global Unichip Corp 3443 | 2.4 % | n/a | n/a |
| International Container Terminal Services Inc ICT | 2.2 % | n/a | n/a |
| Jentech Precision Industrial Co Ltd 3653 | 2.2 % | −83.8 % | 72 |
| Industrial and Commercial Bank of China 1398 | 2.1 % | +96.5 % | 56 |
| Lenovo Group 0992 | 1.9 % | +4.5 % | 47 |
| Kasikornbank PCL DRC KPCUF | 1.9 % | −26.6 % | 66 |
| Kasikornbank Public Company Limited KBANK | 1.8 % | +21.8 % | 66 |
| HDFC Bank Limited HDFCBANK | 1.7 % | −35.4 % | 51 |
| Alibaba Group Holding Ltd 9988 | 1.7 % | n/a | n/a |
| Turkiye Petrol Rafinerileri AS TUPRS | 1.6 % | n/a | n/a |
| Bank Hapoalim POLI | 1.4 % | +3.3 % | 65 |
| Polski Koncern Naftowy ORLEN SA PKN | 1.4 % | −53.9 % | 61 |
| Eicher Motors Limited EICHERMOT | 1.3 % | −58.6 % | 69 |
| Meritz Financi 138040 | 1.3 % | −58.6 % | 38 |
| ICICI Bank Limited ICICIBANK | 1.3 % | −39.7 % | 57 |
| Shriram Finance Limited SHRIRAMFIN | 1.2 % | −46.6 % | 55 |
| Hyundai Motor Co. Ltd. 005380 | 1.1 % | +5.8 % | 31 |
| SPDR® S&P China ETF GXC | 1.1 % | n/a | n/a |
| Nan Ya Printed Circuit Board Corp 8046 | 1.1 % | +62.0 % | 67 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 47 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 CHIQ Global X MSCI China Consumer Disc ETF +66.3 % below FV
- 2 CHIU Global X MSCI China Utilities ETF +63.9 % below FV
- 3 FXI iShares China Large-Cap ETF +58.8 % below FV
- 4 KWEB KraneShares CSI China Internet ETF +38.6 % below FV
- 5 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +33.7 % below FV
- 6 MCHI iShares MSCI China ETF +30.6 % below FV
- 7 ITB iShares U.S. Home Construction ETF +21.3 % below FV
- 8 TAN Invesco Solar ETF +17.1 % below FV
- 9 BRAZ Global X Brazil Active ETF +16.0 % below FV
- 10 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +9.3 % below FV
Frequently asked about RFEM
Is RFEM overvalued?
What is the fair value of RFEM?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of RFEM?
What is the expense ratio of RFEM?
How we value this ETF
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 RiverFront Dynamic Emerging Markets ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 11, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.