First Trust WCM Developing World Equity ETF (WCME)
First Trust WCM Developing World Equity ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $18.95, up 1.53% on the session, giving a market capitalisation of $36.6M. Its beta of 1.08 implies it has historically moved more than the broad market.
The First Trust WCM Developing World Equity ETF, known as "the Fund," strives to generate significant long-term capital appreciation for its shareholders. Typically, the Fund will commit a minimum of 80% of its total net assets—including any funds borrowed for investment purposes—to equity securities of companies operating in emerging economies. These investments may include both common stocks and various forms of depositary receipts, such as American, European, Canadian, and Global Depositary Receipts (ADRs, EDRs, CDRs, and GDRs).
First Trust WCM Developing World Equity ETF is most often compared with the following Financial Services names: