EMDM - First Trust Bloomberg Emerging Market Democracies ETF Stock Price & Dividend Safety Sector: Financial Services | Exchange: New York Stock Exchange Arca Current Price & Safety Score Price: 38.70 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: 2.40 Company Description EMDM tracks an index of stocks providing exposure to emerging market countries that Freedom House designates as electoral democracies Freedom House is a nonprofit US organization that conducts research and advocacy on democracy political freedom and human rights Countries that are able to meet high standards for political rights and civil liberties are considered to be electoral democracies The standards require respect for the rule of law and civil liberties such as the right to assemble fair voting practices and basic political competition The top 100 companies by market cap from countries meeting these standards are selected for the index Components are weighted based on the sum of their market cap and overall electoral democracy score As a result the portfolio favors largecap companies from nations with higher democracy scores The index is reconstituted annually in April and rebalanced semiannually in April and October