Developed International Equity Select ETF

Data updated: 2023-06-08

C000190377 — Developed International Equity Select ETF. Japan Blend / Core Equity · $19.60M AUM. Holdings, fees, performance and SEC filings.

C000190377 Fund Overview

Developed International Equity Select ETF is a US ETF managed by First Trust Exchange-Traded Fund VI, categorised as Japan Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

  • Type: US ETF
  • Manager: First Trust Exchange-Traded Fund VI
  • Category: Japan Blend / Core Equity
  • Assets under management: $19.60M
  • 1-year return: -3.6%
  • SEC CIK: 0001552740
  • SEC series ID: S000058144
  • Share class ID: C000190377

C000190377 Investment Objective and Strategy

Developed International Equity Select ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Trust Exchange-Traded Fund VI.

Investment objective

"The Developed International Equity Select ETF (the ""Fund"" ) seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze Developed Markets Index (the ""Index"" )."

Principal investment strategy

"The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and was developed and sponsored by Riskalyze, Inc. (the ""Index Provider"" ). The Index Provider is a financial technology company that develops platforms to capture quantitative measurements of client and portfolio risk for investment advisors. The Index Provider has retained Nasdaq, Inc.

to calculate and maintain the Index. The Index is designed to select low volatility developed markets (excluding the United States) securities that are included in the Nasdaq Developed Markets Ex-US Large Mid Cap Index (the ""Base Index"" ). The Base Index is a comprehensive, rules-based index designed to measure stock market performance of companies in developed markets (excluding the United States), as determined by Nasdaq, Inc. Nasdaq, Inc. classifies a country as ""developed"" based on a number of criteria including national income per capita, national market capitalization and national trading volume. Companies are classified as operating in a country primarily by their country of incorporation, domicile and primary exchange listing. Security selection for the Index will be conducted in the following manner: 1.The selection universe for the Index begins with all eligible securities in the Base Index.

2.The Base Index's sector weights are calculated and assigned to the Index. 3.Securities are then ranked by trailing twelve month price volatility, a measure of the security's volatility over the preceding year, within their respective countries. 4.The 25 securities with the lowest volatility from each country are selected for inclusion in the Index. If fewer than 25 securities qualify from a particular country, all securities are selected from that country for inclusion in the Index. 5.Each security within a sector is given an equal weight. The Index is rebalanced and reconstituted on a semi-annual basis and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The inception date of the Index was June 13, 2017. As of June 15, 2018, the Index was composed of 446 securities.

See ""Index Information"" for additional Index eligibility information. The Fund may hold investments that are denominated in non-U.S. currencies. The Index includes securities of all market capitalizations. As of June 15, 2018, the market capitalization range of securities in the Index was $2.3 billion to $284.6 billion. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of March 31, 2018, the Fund had significant investments in companies operating in Europe and Asia, including significant investments in companies operating in Japan."

C000190377 Performance

Total returns for C000190377 (as of 2026-10-01), from SEC filings.

PeriodTotal return
1 year-3.6%
3 years (annualised)9.5%

C000190377 Risk Information

Risk metrics for C000190377, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 21.9%

C000190377 Costs and Fees

C000190377 costs about $65 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.65%
  • Gross expense ratio: 0.65%
  • Portfolio turnover: 69%
  • Brokerage commissions: 7.30 bps of average net assets (SEC N-CEN)

C000190377 Cashflows

Over the 12 months to 2023-03, Developed International Equity Select ETF had net inflows of $11.48M, from monthly SEC N-PORT filings.

MonthNet flow
2023-03$0
2023-02$0
2023-01$0
2022-12$0
2022-11$0
2022-10$0

C000190377 Debt Constituents

No individual debt constituents are reported in Developed International Equity Select ETF's latest SEC N-PORT filing.

C000190377 Prospectus and SEC Filings

Official Developed International Equity Select ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Japan Blend / Core Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.