# First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS)

> Source: Nexqual · https://nexqual.com/FEMS · data as of 2026-10-23 16:11 UTC · cite as "Nexqual, First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS), nexqual.com/FEMS" · informational, not investment advice.

**Price:** USD 43.67 (+0.08% today) · US market open, as of October 23, 2026 at 16:11 UTC; quotes may be delayed. Prev close 43.64 · day 43.46–43.8 · 52w 40.94–49.49 · market cap null · NGM

## Key facts
- Total return with dividends: 1Y +7.1% vs S&P 500 +14.7%; 5Y +32.7% vs S&P 500 +77.5%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +7.1% | +32.7% |
| S&P 500 (SPY) | +14.7% | +77.5% |
| Per year | +7.1% | +5.8% |
| Volatility (annualized) | 18.3% | 16.6% |
| Max drawdown | -12.4% (May 2026→Jul 2026) | -19.4% (Nov 2021→Jul 2022) |

## Peers
FEM (First Trust Emerging Markets Al) USD 31.72 +0.05% · FLN (First Trust Latin America Alpha) USD 27.64 -0.13% · FYT (First Trust Small Cap Value Alp) USD 69.66 -0.76% · FDT (First Trust Developed Markets E) USD 88.59 -0.55% · FYX (First Trust Small Cap Core Alph) USD 137.6 -0.34%

## More
Full page: https://nexqual.com/FEMS · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt