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FTHF ETF Overview: Returns, Expense Ratio, Holdings, and Alternative ETFs Compared

Updated June 26, 2026 · First published June 26, 2026

The First Trust Emerging Markets Human Flourishing ETF (FTHF) selects constituents based on the Human Flourishing Index and applies value-based exclusionary screening that removes industries such as tobacco, alcohol, and gambling. Expense ratio, dividends, emerging-market exposure outlook, and comparisons with similar ETFs such as FNDE and FRDM serve as the key selection criteria.

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What Is the First Trust Emerging Markets Human Flourishing ETF?

It is an ETF that tracks companies in emerging markets meeting the criteria of the Emerging Markets Human Flourishing Index. It provides value-based emerging-market equity exposure while excluding specific industries such as tobacco, alcohol, and gambling.

It is well suited for investors who want diversified exposure to emerging-market growth while applying value-based exclusionary screening.

The ETF is managed by First Trust using a passive (index-tracking) approach.

How Does the First Trust Emerging Markets Human Flourishing ETF Work?

ItemDetails
Tracked IndexEmerging Markets Human Flourishing Index
Management StylePassive (Index Tracking)
Rebalancing FrequencyPeriodic Rebalancing
Dividend FrequencyQuarterly Dividends
Fund ManagerFirst Trust
Total Expense Ratio0.75%

The ETF tracks an index that selects emerging-market companies that sufficiently advance human flourishing, while excluding companies in specific industries such as tobacco, alcohol, gambling, and adult entertainment. It uses a full replication approach to hold all index constituents.

  • Combines value-based exclusionary screening with emerging-market exposure
  • Tracks a differentiated index that applies specific industry exclusions
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First Trust Emerging Markets Human Flourishing ETF Size and Cost (AUM and Expense Ratio)

Assets under management (AUM) stand at $141.5M, with a total expense ratio of 0.75% per year.

Because it applies value-based screening relative to broad emerging-market ETFs, its holdings composition and fee structure differ accordingly.

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First Trust Emerging Markets Human Flourishing ETF Performance and Flows

1-Year Price Performance
Dividend & Yield
Dividend Yield 1.93%
Annual Dividend (TTM) $0.97
1Y Return +77.8%
Next Ex-Dividend Date 6/25/2026
52-Week Price Range
$50
Low $28 High $53
vs. low +77.79% vs. high -5.51%

Performance moves broadly in line with emerging-market equities, with short-term volatility driven by dollar strength, emerging-market currencies, and commodity price changes. Because of its value-screening characteristics, performance trends may diverge somewhat from broad benchmarks.

Fund flows are determined by demand for emerging-market equities and value-based investing, with shifts in global risk appetite and the dollar environment serving as the main drivers of flows across the broader emerging-market category.

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First Trust Emerging Markets Human Flourishing ETF Strengths and Weaknesses

The combination of value-based exclusionary screening and emerging-market exposure is a key strength, while a somewhat higher expense ratio relative to the category average is a notable weakness.

💪 Key Strengths

Value Screening
Applies criteria that exclude specific industries, offering a differentiated choice for value-oriented investors.
Emerging-Market Diversification
Provides broad diversification across leading companies in multiple emerging markets, reducing single-country reliance.
Rules-Based Management
Selects constituents according to predefined index rules, reducing deviations driven by manager discretion.

⚠️ Points to Watch

Fee Burden
The total expense ratio is somewhat higher compared with broad emerging-market ETFs.
Emerging-Market Volatility
By nature of emerging-market equities, it is exposed to currency, political, and liquidity risks, resulting in elevated volatility.
Currency Exposure
Won-based investors also bear the impact of dollar and emerging-market currency fluctuations.
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Alternative ETFs and Related Products for the First Trust Emerging Markets Human Flourishing ETF

FNDE and PXH shown in the table are broad emerging-market ETFs using a fundamental-weighting approach, while FRDM is a value-screened emerging-market ETF that selects constituents based on freedom indicators, sharing a similar approach with FTHF. XSOE offers emerging-market exposure excluding state-owned enterprises, and EMGF provides factor-based emerging-market exposure. For lower fees, large core emerging-market ETFs such as VWO can also be considered.

Peer Comparison ETFs
TickerNamePriceChangeAUMTotal Expense RatioDividend Yield1Y
FNDEFNDESchwab Fundamental Emerging Markets Equity ETF$42.65+0.3%$10.5B0.39%3.48%+19.0%
FRDMFRDMAlpha Architect Freedom 100 Emerging Markets ETF$70.83+1.1%$3.6B0.49%1.55%+61.2%
XSOEXSOEWisdomTree Emerging Markets ex-State-Owned Enterprises Fund$47.86+1.4%$2.2B0.32%1.58%+28.4%
PXHPXHInvesco RAFI Emerging Markets ETF$29.86+0.5%$2.1B0.47%4.09%+17.2%
EMGFEMGFiShares Emerging Markets Equity Factor ETF$72.62+1.2%$2.0B0.26%1.99%+29.9%
Top Holdings
TickerNameWeightPriceChangeMarket CapP/EDividend Yield
SKHYSK Hynix Inc ADR0.19%$190.07+0.9%$1.39T12.30.26%
TSMTaiwan Semiconductor Manufacturing ADR0.08%$433.24+1.2%$2.25T31.30.96%
TSMTaiwan Semiconductor Manufacturing ADR0.08%$433.24+1.2%$2.25T31.30.96%
PBR-APetroleo Brasileiro SA Petrobras ADR0.05%$19.11-0.6%$52.0B4.87.78%
ITUBItau Unibanco Holding SA ADR0.03%$8.33+0.4%$45.0B10.97.06%
GGALGGALGrupo Financiero Galicia ADR0.03%$43.86-1.9%$5.8B58.61.48%
GFIGold Fields Ltd ADR0.02%$45.10-1.3%$40.4B9.24.96%
ITUBItau Unibanco Holding SA ADR0.03%$8.33+0.4%$45.0B10.97.06%
SBSSBSCompanhia de Saneamento Basico do Estado de Sao Paulo ADR0.02%$5.29-0.6%$18.6B12.23.05%
GFIGold Fields Ltd ADR0.02%$45.10-1.3%$40.4B9.24.96%

Investor Checklist for the First Trust Emerging Markets Human Flourishing ETF

Key points to review before investing in FTHF. It is important to verify emerging-market exposure, value-based exclusionary screening, fee level, and currency impact in advance, and understanding the differences from broad emerging-market ETFs can also be helpful.

CheckpointWhat to VerifyCurrent Status
💵 Expense RatioCheck fee level relative to category averageSomewhat on the higher side
🌏 Emerging-Market ExposureReview country and currency compositionDiversified
🔎 Screening CriteriaUnderstand excluded industries and selection methodValue-based screening applied
💱 CurrencyImpact of dollar and emerging-market currency translationUnhedged

Currency, political, and liquidity risks unique to emerging-market equities are the main drivers of short-term volatility. Because value screening excludes certain names, performance may differ from broad benchmarks, and this should be factored in.

The ETF is a suitable choice for investors seeking both value-based exclusionary criteria and emerging-market diversification. If minimizing fees and pursuing simple broad exposure is the priority, a core emerging-market ETF such as VWO can serve as an alternative.

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Disclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.

This article reflects information as of June 26, 2026.

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