# First Trust Bloomberg Emerging Market Democracies ETF (EMDM) — Overview

EMDM · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/emdm

## Price

Last close $40.04 on Oct 15, 2026. 52-week range $28.45 – $44.96.

## Fund profile

EMDM follows a principles-based index of large- and mid-cap companies located in emerging market countries considered to have electoral democracy. Holdings are weighted based on a combination of governance score and market capitalization.

| Metric | Value |
| --- | --- |
| Issuer | First Trust Advisors L.P. |
| Industry | — |
| Inception | Mar 2, 2023 |
| Assets under management | $42.5M |
| Expense ratio | 0.75% |
| Net asset value | $40.45 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is First Trust Bloomberg Emerging Market Democracies ETF (EMDM)?

EMDM follows a principles-based index of large- and mid-cap companies located in emerging market countries considered to have electoral democracy. Holdings are weighted based on a combination of governance score and market capitalization.

### What is EMDM's expense ratio?

First Trust Bloomberg Emerging Market Democracies ETF charges an annual expense ratio of 0.75%. The fund is issued by First Trust Advisors L.P..

### How large is EMDM?

First Trust Bloomberg Emerging Market Democracies ETF manages $42.5M in assets and has traded since Mar 2, 2023.

### How do I buy shares of First Trust Bloomberg Emerging Market Democracies ETF (EMDM)?

EMDM trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).