WCME
First Trust WCM Developing World Equity ETF
First Trust WCM Developing World Equity ETF seeks to provide long-term capital appreciation by investing primarily in equity securities of companies located in developing countries.
Emerging Market
EQUITY
Active
MANAGEMENT STYLE
$ 34.8 M
ASSETS UNDER MGMT
96 bp
EXPENSES
Fund Basics
| Inception date | Mar 31, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TAIWAN SEMICONDUCTOR MANUFAC | 14.0 % |
| TEVA PHARMACEUTICAL-SP ADR | 5.1 % |
| SK HYNIX INC | 4.2 % |
| SK SQUARE CO., LTD. | 4.1 % |
| SAMSUNG ELECTRONICS CO LTD | 4.0 % |
| WUXI BIOLOGICS (CAYMAN) INC. | 3.7 % |
| HRT PARTICIPACOES EM PETROLE | 3.4 % |
| GLENCORE INTERNATIONAL PLC | 3.3 % |
| KB FINANCIAL GROUP INC | 3.0 % |
| US DOLLAR | 2.7 % |
Constituent Breakdown
| Number of holdings | 44 |
| Herfindahl-Hirschman Index | 431 |
| Wgt avg mkt cap (mns) | $407,837 |
| Large cap (>$10bn) | 76.2% |
| Mid cap ($2-10bn) | 10.9% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 19.6% |
| Emerging mkts. | 74.6% |
Sector Breakdown
Country Exposure
 |
TAIWAN | 20.2 % |
 |
SOUTH KOREA | 19.1 % |
 |
CHINA | 11.6 % |
 |
HONG KONG | 6.2 % |
 |
BRAZIL | 5.7 % |
 |
MEXICO | 5.7 % |
 |
ISRAEL | 5.1 % |
 |
SWITZERLAND | 3.3 % |
 |
MALAYSIA | 2.6 % |
 |
PANAMA | 2.3 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 10.7% | 11.0% | -- | -- | -- | -- | -- | 15.0% |
| Dividend Yield | 0.3% | 0.4% | -- | -- | -- | -- | -- | 0.9% |
| Total Returns | 11.0% | 11.4% | -- | -- | -- | -- | -- | 15.9% | Ann. Volatility | 26.4% | 24.5% | -- | -- | -- | -- | -- | 21.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.51 | 60% |
| MSCI EAFE | 1.21 | 60% |
| MSCI Emg Mkts | 0.92 | 89% |
Liquidity Measures
| Avg. volume (000) | 6 |
| ADV traded (mns) | $0 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.20% |
Technical Indicators
| 30d moving avg. (EMA) | $18.35 |
| Relative strength (RSI) | 40 |
| MACD/Signal | -0.40/-0.34 |
| Bollinger Bands (Upper/Lower) | $19.56/$16.98 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. WCME |
Expenses vs. WCME |
ALTAR Score™ vs. WCME |
|---|---|---|---|---|
| AIA | iShares Asia 50 ETF | 32.4% | -46 bp | +0.9% |
| JADE | JPMorgan Active Developing Markets Equity ETF | 31.9% | -31 bp | -2.7% |
| MEM | Matthews Emerging Markets Equity Active ETF | 31.1% | -17 bp | -0.2% |
| JEMA | JPMorgan ActiveBuilders Emerging Markets Equity ETF | 30.9% | -63 bp | -1.0% |
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | 30.7% | -24 bp | -2.6% |
| EMC | Global X Emerging Markets Great Consumer ETF | 30.5% | -31 bp | -0.4% |
| FLAX | Franklin FTSE Asia Ex Japan ETF | 30.3% | -77 bp | -2.0% |
| EMCS | Xtrackers MSCI Emerging Markets Select ETF | 30.2% | -81 bp | -0.6% |
| XSOE | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | 30.1% | -64 bp | -1.3% |
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF | 29.5% | -66 bp | -1.7% |
Risk and Returns: WCME vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/6/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
11.5%
ALTAR SCORE™
91st
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 211 funds in the Emerging Equity category with an average
ALTAR Score™ of 8.3% and a standard deviation
of 2.4%. WCME's ALTAR Score™ is approximately 1.3 standard
deviations above the category average. This places WCME in the 91st percentile
among funds in the category.
Sell-Side Consensus
$24.01
PRICE TARGET
+43.7%
UPSIDE