- What are the top holdings of EMDM?
- First Trust Bloomberg Emerging Market Democracies ETF holds 107 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does EMDM have?
- EMDM holds 107 positions as reported by the fund's most recent disclosure.
- What sectors does EMDM invest in?
- First Trust Bloomberg Emerging Market Democracies ETF (EMDM) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is EMDM most exposed to?
- EMDM's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is EMDM a US-only fund?
- The country allocation card on this page shows EMDM's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does EMDM invest in?
- EMDM tracks an index of stocks providing exposure to emerging market countries that Freedom House designates as electoral democracies. Freedom House is a non-profit, US organization that conducts research and advocacy on democracy, political freedom, and human rights. Countries that are able to meet high standards for political rights and civil liberties, are considered to be electoral democracies. The standards require respect for the rule of law and civil liberties such as, the right to assemble, fair voting practices, and basic political competition. The top 100 companies by market cap from countries meeting these standards are selected for the index. Components are weighted based on the sum of their market cap and overall electoral democracy score. As a result, the portfolio favors large-cap companies from nations with higher democracy scores. The index is reconstituted annually in April and rebalanced semi-annually in April and October.
