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First Trust WCM Developing World Equity (WCME)Overvalued or undervalued?
Look-through valuation · Global · ISIN US33733E7408
Price history (since 2024)
Monthly close since 2024. 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 | 14.3 % | +10.0 % | 72 |
| Teva Pharmaceutical Industries Ltd TEVA | 4.8 % | n/a | n/a |
| Samsung Electronics Co Ltd SSNLF | 4.1 % | n/a | n/a |
| SK Hynix Inc 000660 | 4.1 % | +13.8 % | 72 |
| WuXi Biologics 2269 | 4.0 % | +10.0 % | 68 |
| SK Square Co Ltd 402340 | 3.7 % | −47.5 % | 78 |
| Petro Rio S.A. PRIO3 | 3.5 % | −60.6 % | 39 |
| Glencore PLC GLEN | 3.5 % | −65.4 % | 54 |
| KB Financial Group 105560 | 3.3 % | +7.8 % | 61 |
| Companhia de Saneamento Básico do Estado de São Paulo - SABESP SBSP3 | 2.9 % | +23.7 % | 52 |
| Jentech Precision Industrial Co Ltd 3653 | 2.5 % | −69.2 % | 71 |
| Cemex SAB de CV ADR CX | 2.5 % | n/a | n/a |
| IHH Healthcare Bhd 5225 | 2.5 % | −33.8 % | 50 |
| Copa Holdings SA CPA | 2.4 % | +26.5 % | 52 |
| Credicorp Ltd BAP | 2.3 % | +97.4 % | 71 |
| AIA Group Ltd 1299 | 2.2 % | −41.4 % | 59 |
| COWAY Co. Ltd 021240 | 2.2 % | −29.3 % | 52 |
| Nu Holdings Ltd NU | 2.1 % | −64.2 % | 65 |
| Zijin Mining Group Co Ltd-H 2899 | 2.1 % | n/a | n/a |
| Kaspi Bank Joint Stock Company KSPI | 2.1 % | n/a | n/a |
| Universal Microwave Technology 3491 | 2.1 % | n/a | n/a |
| Piraeus Financial Holdings S.A TPEIR | 2.1 % | −22.7 % | 52 |
| ICICI Bank Limited IBN | 2.0 % | n/a | n/a |
| Hong Kong Exchange and Clearing Ltd 0388 | 2.0 % | +11.4 % | 76 |
| Lite-On Technology Corp 2301 | 1.9 % | −53.7 % | 69 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 36 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 KWEB KraneShares CSI China Internet ETF 49.7 % below FV
- 2 CHIQ Global X MSCI China Consumer Disc ETF 49.3 % below FV
- 3 CHIU Global X MSCI China Utilities ETF 45.9 % below FV
- 4 MCHI iShares MSCI China ETF 36.3 % below FV
- 5 FLCH Franklin FTSE China ETF 35.9 % below FV
- 6 FDNI First Trust Dow Jones International Internet ETF 28.4 % below FV
- 7 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 26.1 % below FV
- 8 ITB iShares U.S. Home Construction ETF 23.0 % below FV
- 9 FDEM Fidelity® Emerging Markets Multifactor ETF 17.0 % below FV
- 10 XLC Communication Services Select Sector SPDR® Fund 16.2 % below FV
Frequently asked about WCME
Is WCME overvalued?
What is the fair value of WCME?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of WCME?
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 WCM Developing World Equity ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 26, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.