First Trust Emerging Markets AlphaDEX Fund

First Trust Emerging Markets AlphaDEX Fund is an exchange-traded fund that provides targeted exposure to emerging markets equities through a rules-based selection process. The fund seeks to track the NASDAQ AlphaDEX Emerging Markets Index, which uses quantitative factors to screen stocks and assign weights in tiers rather than relying on traditional market-cap weighting. Its portfolio focuses on companies across a range of sectors and industries in developing economies, offering investors a diversified way to access emerging-market growth themes, including financials, energy, technology, and industrials. Managed by First Trust, the fund is designed to reflect a systematic, factor-based approach to international equity investing and is used by market participants seeking broad emerging-markets stock exposure in a single listed product.