FIRST TR EXCHANGE3
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$60.16
- Net Assets:$0 Million
- NAV:$60.89
- Premium-1.2%
- Peer Rank:75 of 104
- Investment Rating:D
- Performance:C-
- RiskC
We rate First Trust RiverFront Dyn Em Mkts at D. Negative factors that influence this rating include a high price volatility. The fund may be considered for investors seeking an Emerging Market Equity strategy.
Total return ranks below peers over the last three years. The First Trust RiverFront Dyn Em Mkts has returned an annual rate of 6.00% since inception. More recently, the fund has generated a total return of 4.11% in the last five years, -1.44% in the last three years, and 16.59% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 43% of them. It has also outpaced 28% of its competitors on a three year basis and 71% of them over the last year for the period ending 2/29/2024. On a year to date basis, RFEM has returned 3.06%.
Downside risk has been above average. RFEM has a draw down risk of -39.04%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 18.2%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
High expense ratio hinders performance. As RFEM is an exchange traded fund, it has no front end or back end load.
The First Trust RiverFront Dyn Em Mkts is managed by Adam Grossman at First Trust Advisors LP. This fund is one of 195 First Trust Advisors LP exchange-traded funds launched since 8/19/2003 that we track.