AFEM - First Trust Active Factor Emerging Markets ETF
First Trust RiverFront Dynamic Emerging Markets ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities of companies in emerging market countries. The fund uses a dynamic, research-driven approach to allocate across countries, sectors, and companies based on valuation, economic conditions, market trends, and other factors.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $82.4M
- Beta
- 0.73
- 52-Week Range
- 75.86-100.834
- Dividend Yield
- $2.49
- IPO Date
- Sep 14, 2026
- Exchange
- NASDAQ
AFEM Options Snapshot
Options pricing data for AFEM is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The AFEM overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
AFEM fund facts: expense ratio 0.85%, assets under management $84.7M, NAV $99.63 as of the data source's update on Oct 8, 2026, 143 holdings in its latest file, launched Jun 14, 2016, issued by First Trust. See the AFEM holdings.
Frequently asked AFEM overview questions
- What is AFEM?
- AFEM is the ticker symbol for First Trust Active Factor Emerging Markets ETF, an listed exchange-traded fund. First Trust RiverFront Dynamic Emerging Markets ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities of companies in emerging market countries. The fund uses a dynamic, research-driven approach to allocate across countries, sectors, and companies based on valuation, economic conditions, market trends, and other factors. Listed on NASDAQ. AFEM is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are AFEM's key statistics?
- First Trust Active Factor Emerging Markets ETF (AFEM) carries a market capitalization of $82.4M, 52-week range of 75.86-100.834. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does AFEM belong to?
- First Trust Active Factor Emerging Markets ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare AFEM's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the AFEM data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for AFEM, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.