RFDIFirst Trust RiverFront Dynamic Developed International ETF

Grow my money10y track recordRanked #2,036 of 2,960 in this goal

Seeks capital appreciation via developed international equities with dynamic currency hedging.

By First Trust · Launched 2016

Annual Cost

0.83%

#4,238 of 5,562 · expensive

Fund Size

$158M

#2,511 of 5,562 · mid-size

Return (1Y)Goal

+26.8%

Track Record

10 years

#1,410 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,927+29.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global ex-US

Cap

Multi cap

Strategy

Active selection

Factor

Multifactor

What it actually holds

By weight

Concentration

Top 10 holdings = 21.0% of fund✓ well diversified

HSBC Holdings PLC

3.0%

Advantest Corp

3.0%

Novartis AG

2.1%

ASML Holding NV

2.0%

Barclays PLC

1.9%

Shell PLC

1.9%

UBS Group AG

1.9%

BBVA

1.8%

BNP Paribas SA

1.7%

ABB Ltd

1.6%

Asset allocation

Stocks

98.4%

Cash

1.0%

Other

0.6%

By sector

Financial Services

27.8%

Industrials

11.6%

Energy

10.6%

Consumer Cyclical

10.5%

Healthcare

8.6%

Technology

7.6%

Consumer Defensive

7.0%

Communication

5.1%

Other

11.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

14.8%Moderate

Year-on-year price swings

Max drawdown

-39.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.00Strong risk-adjusted returns

Sortino (3Y)

1.49Good downside protection

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks capital appreciation via developed international equities with dynamic currency hedging.
Strategy: Actively manages a portfolio of small-, mid- and large-capitalization developed market equities (common stock, depositary receipts, REIT shares) selected on value, quality and momentum factors, with at least 40% of net assets in non-U.S. countries and up to 20% in emerging market companies. Deploys a dynamic currency hedging overlay via forward foreign currency contracts and spot transactions, hedging 0%-100% of Developed Market currency exposure based on a proprietary quantitative methodology.
Inception date: April 13, 2016
Fund family: First Trust

Similar ETFs

Closest matches by profile

RFEM

First Trust RiverFront Dynamic Emerging Markets ETF

Grow my money

TER 0.99%3Y +23.2%$81M

Compare RFDI vs RFEM

FICS

First Trust International Developed Cap Strength ETF

Grow my money

TER 0.70%3Y +10.4%$214M

Compare RFDI vs FICS

IDVY

First Trust International Rising Dividend Achievers ETF

Grow my money

TER 0.60%3Y N/A$1M

Compare RFDI vs IDVY

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing

Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²: 93.5%
TE: 3.9%
Beta: 0.97
Fee: 6× 0.15%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=active_selection + low_tracking_error+near_market_beta+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

What's next?

You've reviewed RFDI. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-19