PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) is a emerging-markets ETF. As of October 9, 2026, ETF Copilot scores MFEM 4.8 out of 10 — highest on Growth (7.4), lowest on Value (1.8). It trades at 12.4 times earnings, against its own median of 11.0. Its ten largest holdings are 20% of the fund.
What stands out in MFEM's data
Emerging-market equities, screened across several factors for a multi-factor tilt.
Priced cheaper than the typical emerging-market fund — you pay less for each dollar of earnings.
Its 8.0x EBITDA multiple is below the category median of 9.5x, and it owns 668 stocks across the developing world.
A multi-factor approach to emerging markets, pairing value and quality signals in one allocation.
How is MFEM rated? ETF Copilot scores PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) 4.8 out of 10
As of October 9, 2026, ETF Copilot scores PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) 4.8 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.8 / 10
- Growth: 7.4 / 10
- Value: 1.8 / 10
- Risk: 4.0 / 10
- Quality: 2.1 / 10
- Return: 6.4 / 10
Is MFEM expensive right now? It trades at 12.4 times earnings, against its own median of 11.0
As of October 9, 2026, MFEM is more expensive than 73% of its own last 9 years.
Trailing 12 months, built from MFEM's holdings. How we calculate this →
What's inside MFEM? 37% Tech
What's inside MFEM: Size (Large 53%, Mid 39%, Small 8%); Geography (International 100%, US 0%); Tech 36.7%; AI 1.7%; Semiconductors 13.4%; Memory 8.4%.
What are MFEM's top holdings? The ten largest are 20% of the fund
Less concentrated than 85% of Emerging Markets ETFs.
Half of MFEM's weight sits in its 52 largest positions, and once those weights are taken into account it behaves like 132 equally weighted holdings.
What is MFEM's expense ratio? 0.50% a year
As of October 9, 2026, MFEM charges 0.50% a year, yields 2.20% and holds $158M in assets across 668 positions.
| Measure | MFEM |
|---|---|
| Expense ratio | 0.50% |
| Dividend yield | 2.20% |
| Assets under management | $158M |
| Holdings | 668 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/mfem
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