First Trust Bloomberg Emerging Market… (EMDM) Performance
EMDM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +27.4% since Dec 31, 2025
- 1 year
- +37.9% total return
- 3 years
- +31.2% a year
- Since first price
- +24.3% a year since 2023
EMDM trailing returns vs SPY, QQQ, AGG
| Period | EMDM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −7.6% | −7.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.4% | −1.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.2% | +2.3% | +7.8% | +8.4% | −1.5% |
| YTD | +27.4% | +26.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +37.9% | +33.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +126.0%+31.2%/yr | +103.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionMar 3, 2023 | +120.9%+24.3%/yr | +95.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EMDM vs SPY
From Mar 3, 2023: EMDM grew to $22,089, SPY to $19,713.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EMDM returns by calendar year
1 of 2 full years positive. Best 2025 (+59.7%), worst 2024 (−4.9%). 2026 is year to date.
EMDM annual returns table
| Year | EMDM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +27.4% | −15.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +59.7% | −14.0% | +17.7% | +20.8% | +7.2% |
| 2024 | −4.9% | −13.9% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EMDM largest drawdowns
Now 11.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 26, 2024 | −18.8% | Apr 8, 2025 | May 27, 2025 | 6 months | 8 months |
| Feb 26, 2026 | −15.7% | Mar 30, 2026 | Apr 17, 2026 | 32 days | 50 days |
| Jun 22, 2026 | −15.0% | Jul 29, 2026 | not yet | 37 days | 4 months so far |
| Jul 28, 2023 | −13.2% | Oct 3, 2023 | Dec 14, 2023 | 2 months | 5 months |
| Jul 12, 2024 | −10.2% | Aug 5, 2024 | Sep 26, 2024 | 24 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EMDM risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +32.8% | +27.3% |
| Volatility (annualized) | 19.7% | 19.5% |
| Sharpe ratio | 1.33 | 1.11 |
| Sortino ratio | 2.65 | 2.11 |
| Best month | +13.0% | +13.0% |
| Worst month | −11.4% | −11.4% |
| Best 12 months | +97.2% | +97.2% |
| Worst 12 months | −4.9% | −4.9% |
| Positive months | 67% | 64% |
| Beta vs S&P 500 | 0.82 | — |
| Correlation with S&P 500 | 0.52 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EMDM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 32 | −4.9% | +18.9% | +97.2% | 97% |
| 3-year (a year) | 8 | +24.8% | +31.4% | +34.0% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
EMDM performance overview
First Trust Bloomberg Emerging Market… (EMDM) returned +37.9% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +24.3% a year, turning $10,000 into about $22,089. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −18.8%, from Sep 26, 2024 to Apr 8, 2025, and it took 49 days to get back to the old high. Volatility has been 19.5% a year.
Related: EMDM chart, EMDM holdings, EMDM dividends. See the EMDM overview for the latest quote and fund facts.
EMDM performance FAQ
What is the EMDM return over the past year?
EMDM returned +37.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 33.2%.
How much would $10,000 invested in EMDM be worth?
$10,000 invested in EMDM at its first recorded close on March 3, 2023 would be worth about $22,089 on October 23, 2026 with distributions reinvested.
What was the worst year for EMDM?
The worst calendar year was 2024, with a total return of −4.9%. The best was 2025 at +59.7%.
What is the biggest drawdown of EMDM?
The largest peak-to-trough decline was −18.8% between September 26, 2024 and April 8, 2025. It recovered to the old high on May 27, 2025, 49 days after the bottom.
How volatile is EMDM?
Over the past 3 years EMDM had an annualized volatility of 19.7% and a Sharpe ratio of 1.33 (excess return over 1–3 month T-bills per unit of risk).