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First Trust WCM Developing World Equity (WCME)Overvalued or undervalued?
Look-through valuation · Global · ISIN US33733E7408
Price history (since 2024)
Monthly close since 2024. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | 14.4 % | +12.2 % | 72 |
| SK Square Co Ltd 402340 | 5.0 % | +36.3 % | 75 |
| SK Hynix Inc 000660 | 5.0 % | +10.0 % | 68 |
| Samsung Electronics Co Ltd SSNLF | 4.6 % | n/a | n/a |
| WuXi Biologics 2269 | 4.5 % | +16.4 % | 68 |
| Teva Pharmaceutical Industries Ltd TEVA | 4.3 % | n/a | n/a |
| Glencore PLC GLEN | 3.3 % | −66.4 % | 54 |
| KB Financial Group 105560 | 3.0 % | +3.9 % | 61 |
| Companhia de Saneamento Básico do Estado de São Paulo - SABESP SBSP3 | 2.9 % | +21.5 % | 52 |
| Petro Rio S.A. PRIO3 | 2.8 % | −56.7 % | 39 |
| Jentech Precision Industrial Co Ltd 3653 | 2.6 % | −73.5 % | 71 |
| Universal Microwave Technology 3491 | 2.4 % | +91.5 % | 45 |
| IHH Healthcare Bhd 5225 | 2.3 % | −39.2 % | 50 |
| Copa Holdings SA CPA | 2.3 % | +24.6 % | 52 |
| Cemex SAB de CV ADR CX | 2.2 % | n/a | n/a |
| Zijin Mining Group Co Ltd-H 2899 | 2.2 % | n/a | n/a |
| Credicorp Ltd BAP | 2.2 % | +94.3 % | 70 |
| MediaTek Inc 2454 | 2.1 % | −29.8 % | 79 |
| Lite-On Technology Corp 2301 | 2.1 % | −58.0 % | 69 |
| Nu Holdings Ltd NU | 2.1 % | −65.1 % | 65 |
| Kaspi Bank Joint Stock Company KSPI | 2.0 % | n/a | n/a |
| Piraeus Financial Holdings S.A TPEIR | 2.0 % | −27.4 % | 62 |
| AIA Group Ltd 1299 | 1.9 % | −42.7 % | 59 |
| Hong Kong Exchange and Clearing Ltd 0388 | 1.9 % | +10.8 % | 76 |
| COWAY Co. Ltd 021240 | 1.9 % | −27.6 % | 52 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 35 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +76.9 % below FV
- 2 MCHI iShares MSCI China ETF +41.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +37.1 % below FV
- 4 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.2 % below FV
- 5 VOX Vanguard Communication Services Index Fund ETF Shares +21.5 % below FV
- 6 XLC Communication Services Select Sector SPDR® Fund +20.6 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.1 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +15.2 % below FV
- 9 SHRY First Trust Bloomberg Shareholder Yield ETF +14.6 % below FV
- 10 TAN Invesco Solar ETF +14.5 % below FV
Frequently asked about WCME
Is WCME overvalued?
What is the fair value of WCME?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of WCME?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust WCM Developing World Equity ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 15, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.