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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NASDAQ:RNEM

Emerging Markets Equity Select ETF (RNEM) Price, Holdings, & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$50.48
$50.70
50-Day Range
$47.72
$50.87
52-Week Range
$42.45
$51.94
Volume
1,522 shs
Average Volume
877 shs
Market Capitalization
$17.73 million
Assets Under Management
$17.66 million
Dividend Yield
3.69%
Net Expense Ratio
0.75%

About Emerging Markets Equity Select ETF

The First Trust Emerging Markets Equity Select ETF (RNEM) is an exchange-traded fund that is based on the Nasdaq Riskalyze Emerging Markets index. The fund tracks a tier-weighted index of emerging-market stocks selected for low volatility. RNEM was launched on Jun 20, 2017 and is managed by First Trust.

RNEM ETF News Headlines

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Fund Details

Issuer
First Trust
Fund Name
Emerging Markets Equity Select ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:RNEM
Inception Date
6/20/2017
Fund Manager
Daniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Nasdaq Riskalyze Emerging Markets Index
Category
Broad Equity
Focus
Volatility
Development Level
Emerging Markets
Region
Emerging Markets
Number of Holdings
256

Fund Statistics

Assets Under Management
$17.66 million
Average Daily Volume
$1,016.40
Discount/Premium
-0.17%

Administrator, Advisor and Custodian

Administrator
Brown Brothers Harriman & Co.
Advisor
First Trust Advisors L.P.
Custodian
Brown Brothers Harriman & Co.
Distributor
First Trust Portfolios L.P.
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
Susquehanna

Options

Optionable
N/A
Short Interest
2,100 shs

Miscellaneous

Beta
0.64
Creation Unit
50,000
Creation Fee
$1,000.00
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Emerging Markets Equity Select ETF Expenses

TypeRNEMVolatility ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%0.76%0.54%0.48%0.51%
Other Expenses0.00%0.43%0.54%0.34%0.58%
Total Expense0.75%0.88%0.70%0.58%0.70%
Fee Waiver0.00%-0.23%-0.55%-0.22%-0.57%
Net Expense0.75%0.89%0.60%0.54%0.58%

Emerging Markets Equity Select ETF (RNEM) Holdings & Exposure

Top 10 RNEM Holdings

  • Reliance Industries Ltd
    Holding Weight: 3.36%
  • Synnex Technology International Corp
    Holding Weight: 3.26%
  • ICICI Bank Ltd
    Holding Weight: 3.13%
  • Kotak Mahindra Bank Ltd
    Holding Weight: 2.76%
  • HDFC Bank Ltd
    Holding Weight: 2.73%
  • Wipro Ltd
    Holding Weight: 2.47%
  • Tata Consultancy Services Ltd
    Holding Weight: 2.37%
  • 3SBio Inc Shs Unitary 144A/Reg S
    Holding Weight: 1.91%
  • Pidilite Industries Ltd
    Holding Weight: 1.71%
  • Larsen & Toubro Ltd
    Holding Weight: 1.34%

RNEM Sector Exposure

RNEM Industry Exposure


RNEM ETF - Frequently Asked Questions

Are investors shorting Emerging Markets Equity Select ETF?

Emerging Markets Equity Select ETF saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 31,600 shares, an increase of 31,500.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 73,100 shares, the days-to-cover ratio is presently 0.4 days.
View Emerging Markets Equity Select ETF's Short Interest
.

How often does Emerging Markets Equity Select ETF pay dividends? What is the dividend yield for Emerging Markets Equity Select ETF?

Emerging Markets Equity Select ETF declared a quarterly dividend on Thursday, December 21st. Stockholders of record on Tuesday, December 26th will be paid a dividend of $0.0623 per share on Friday, December 29th. This represents a $0.25 annualized dividend and a dividend yield of 0.49%. The ex-dividend date is Friday, December 22nd.
Read our dividend analysis for RNEM
.

What does RNEM invest in?

Emerging Markets Equity Select ETF is a equity fund issued by First Trust. RNEM focuses on volatility investments and follows the Nasdaq Riskalyze Emerging Markets Index. The fund's investments total to approximately $17.66 million assets under management.

What is the management fee for Emerging Markets Equity Select ETF?

Emerging Markets Equity Select ETF's management fee is 0.75% and has no other recorded expenses or fee waivers. The net expense ratio for RNEM is 0.75%.

This page (NASDAQ:RNEM) was last updated on 4/19/2024 by MarketBeat.com Staff

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