FEMS vs PIE
First Trust Emerging Markets Small Cap AlphaDEX Fund against Invesco Exchange-Traded Fund Trust II Invesco Dorsey Wright Emerging Markets Momentum ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
7%
14 shared positions
Fee gap
10 bp
FEMS is cheaper
1-year return gap
37.1 pts
PIE is ahead
Larger fund
PIE
$268M
Side by side
| FEMS | PIE | |
|---|---|---|
| Fund | First Trust Emerging Markets Small Cap AlphaDEX Fund | Invesco Exchange-Traded Fund Trust II Invesco Dorsey Wright Emerging Markets Momentum ETF |
| Issuer | First Trust | Invesco |
| Category | Emerging Markets | Emerging Markets |
| Expense ratio | 0.80% | 0.90% |
| Assets | $219M | $268M |
| Average daily dollar volume | $965K | $1.2M |
| Listed | Feb 15, 2012 | Dec 28, 2007 |
| FrenzyCap score | 42 | 38 |
| 1-month return | −2.4% | −1.7% |
| 3-month return | −0.2% | +8.3% |
| Year to date | +5.8% | +43.3% |
| 1-year return | +5.0% | +42.1% |
| 30-day volatility | 20.6% | 20.8% |
| Worst drawdown, 1 year | −13.3% | −17.3% |
| Trailing 12-month yield | 4.03% | 2.20% |
| Holdings | 218 | 103 |
| Top 10 weight | 9.9% | 25.1% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | $0 thru Jun 2026 | +$40M thru Jul 2026 |
| 30-day implied volatility | — | 39.8% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Jul 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
8% of FEMS · 18% of PIE| Holding | FEMS | PIE |
|---|---|---|
| Marketech International Corp. | 0.81% | 2.35% |
| President Securities Corp. | 0.76% | 0.83% |
| Supreme Electronics Co., Ltd. | 0.64% | 1.72% |
| Resilient REIT Ltd. | 0.67% | 0.62% |
| Transcend Information, Inc. | 0.60% | 0.69% |
| Elite Semiconductor Microelectronics Technology Inc. | 0.65% | 0.55% |
| Vukile Property Fund Limited | 0.50% | 1.40% |
| Topco Scientific Co., Ltd. | 0.48% | 2.98% |
| Yankey Engineering Co., Ltd. | 0.45% | 2.24% |
| Kinik Company | 0.43% | 0.56% |
| Mega Union Technology Inc. | 0.31% | 1.43% |
| Sigurd Microelectronics Corp. | 0.30% | 2.19% |
| Wistron NeWeb Corporation | 0.17% | 0.47% |
| Marcopolo SA (Preference) | 1.00% | 0.00% |
Sector mix of the stock holdings
| Sector | FEMS | PIE | Gap |
|---|---|---|---|
| Technology | 0.6% | 1.5% | −0.9% |
| Financials | 0.0% | 0.9% | −0.9% |
More: full overlap table · FEMS holdings · PIE holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.