A side-by-side comparison of JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) and First Trust Emerging Markets AlphaDEX® Fund (FEM) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | JEMA | FEM |
|---|---|---|
| YTD Return | -2.62% | +0.73%✓ |
| 1-Day Change | +0.15%✓ | -0.38% |
| 1-Week Change | -0.83%✓ | -1.21% |
| 1-Month Change | -0.16%✓ | -2.79% |
| Current Price | $61.98 | $32.09 |
| AUM | $1.79B✓ | $808M |
| MER (Expense Ratio) | 0.33%✓ | 0.8% |
| Dividend Yield | 2.31%✓ | 2.16% |
| Distribution Frequency | — | NA |
| Inception Date | 2021-03-10 | 2011-04-18 |
| Holdings Count | 47 | 48 |
| MorningStar Rating | ★★★ | ★★★ |
| Category | Diversified Emerging Mkts | Diversified Emerging Mkts |
| Beta | 1.03 | 0.78 |
| 52-Week High | $66.68 | $35.09 |
| 52-Week Low | $45.09 | $25.25 |
| 50-Day MA | $61.53 | $32.42 |
| 200-Day MA | $57.72 | $31.17 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | JEMA | FEM |
|---|---|---|
| YTD | -2.62% | +0.73%✓ |
| 1 Year | +37.61%✓ | +25.31% |
| 3 Year | +25.13%✓ | +19.18% |
| 5 Year | +8.44%✓ | +8.22% |
| 10 Year | — | +8.42% |
| 1Y Volatility | 22.68% | 18.11% |
| Sharpe Ratio (3Y) | 1.13 | 0.99 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | 2330 | Taiwan Semiconductor Manufacturing Co. Ltd. | 16.07% |
| 2 | SSNLF | Samsung Electronics Co Ltd | 9.23% |
| 3 | 000660 | SK Hynix Inc | 4.62% |
| 4 | 0700 | Tencent Holdings Ltd | 2.93% |
| 5 | 2454 | MediaTek Inc | 2.05% |
| 6 | 9988 | Alibaba Group Holding Ltd | 1.42% |
| 7 | PBR | Petroleo Brasileiro Petrobras SA ADR | 1.19% |
| 8 | 3711 | ASE Industrial Holding Co Ltd | 1.04% |
| 9 | 9999 | NetEase Inc | 1.01% |
| 10 | 402340 | SK Square Co Ltd | 0.82% |
| 1 | 3189 | Kinsus Interconnect Technology Corp | 3.06% |
| 2 | 3037 | Unimicron Technology Corp | 2.11% |
| 3 | 8046 | Nan Ya Printed Circuit Board Corp | 1.95% |
| 4 | 3017 | Asia Vital Components Co Ltd | 1.72% |
| 5 | 3481 | Innolux Corp | 1.67% |
| 6 | 2383 | Elite Material Co Ltd | 1.52% |
| 7 | 2615 | Wan Hai Lines Ltd | 1.44% |
| 8 | UGPA3 | Ultrapar Participações S.A | 1.34% |
| 9 | 3702 | WPG Holdings Ltd | 1.31% |
| 10 | 3711 | ASE Industrial Holding Co Ltd | 1.26% |
Sector Weights
| Sector | JEMA | FEM |
|---|---|---|
| Basic Materials | 3.48% | 8.78% |
| Communication Services | 6.02% | 3.99% |
| Consumer Cyclicals | 7.94% | 4.81% |
| Consumer Defensive | 2.00% | 3.06% |
| Energy | 3.21% | 14.33% |
| Financial Services | 21.09% | 6.09% |
| Healthcare | 1.64% | 2.56% |
| Industrials | 6.75% | 19.39% |
| Real Estate | 0.66% | 2.30% |
| Technology | 46.12% | 28.81% |
| Utilities | 1.08% | 5.87% |
About JEMA
Under normal circumstances, the fund invests at least 80% of its assets in equity securities and equity-related instruments that are tied economically to emerging markets. The equity securities and equity-related instruments in which it may invest include, but are not limited to, common stock, participation notes or other structured notes, and other instruments that provide economic exposure to one or more equity securities. The fund may also use exchanged-traded futures for the efficient manage…
About FEM
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select stocks from the NASDAQ Emerging Markets Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Which ETF is Right for You?
Both JEMA and FEM are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, JEMA scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between JEMA and FEM?
JEMA (JPMorgan ActiveBuilders Emerging Markets Equity ETF) and FEM (First Trust Emerging Markets AlphaDEX® Fund) are both Canadian-listed ETFs. Key differences include their AUM ($1.79B vs $808M), dividend yield (2.31% vs 2.16%), and year-to-date performance (-2.62% vs +0.73%).
Is JEMA better than FEM?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy JEMA and FEM on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both JEMA and FEM should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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