FEP

First Trust Europe AlphaDEX Fund
C

78
*Unless otherwise stated, data provided by FactSet.

FEP Fund Description

The First Trust Europe AlphaDex Fund tracks a tiered equal-weighted index of 200 companies selected from the S&P Europe BMI based on the S&P's AlphaDex selection methodology.

FEP Factset Analytics Insight

FEP aims to outperform the broad European market by using a quantitative methodology to select 200 stocks using growth and value factors. It then ranks these stocks based on the strength of the resulting style scores and weights them equally within quintiles. It reconstitutes and rebalances its portfolio semiannually to maintain exposure to its expected outperformers. It doesn't look much like our benchmark, due in part to its tiered equal-weighting scheme. Sector biases abound—the fund seriously underweights non-cyclicals and healthcare—though they can also change in light of the fund's rebalancing. FEP offers decent onscreen liquidity, though spreads can be significant at times. Larger investors will rejoice in FEP's perfect block liquidity score. The fund's Achilles heel is its high fee, and while investors may realize lower costs thanks to its securities lending, tracking can be rather volatile. FEP might be a slightly too-bumpy ride for some investors, given the costs.

FEP MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 21, 2018 the First Trust Europe AlphaDEX Fund MSCI ESG Fund Quality Score is 6.57 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FEP ranks in the 24th percentile within its peer group and in the 85th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

FEP CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/21/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FEP -4.73% -1.89% 0.78% 14.25% 9.25% 10.01% --
FEP (NAV) -4.73% -2.46% 0.32% 13.92% 9.12% 10.15% --
NASDAQ AlphaDEX Europe Index -- -- -- -- -- -- --
MSCI Europe IMI -4.65% -2.31% -3.25% 5.89% 3.82% 6.98% 2.74%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FEP Top 10 Countries

FEP Top 10 Sectors

FEP Top 10 Holdings [View All]

FEP Summary Data

First Trust
04/18/11
Open-Ended Fund
0.80%
$930.89M
$6.05M
0.10%

FEP Portfolio Data

$16.34B
11.71
1.68
2.08%
06/21/18
198

FEP Index Data

Tiered
Multi-Factor
MSCI Europe IMI

FEP Portfolio Management

0.80%
-0.70%
0.72%
-2.06%

FEP Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FEP Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FEP Factset Analytics Block Liquidity

As of 06/22/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FEP. FEP is rated a 5 out of 5.

FEP Tradability

149,837
$6.05M
138,624
$5.54M
0.10%
$0.04
0.24%
0.96% / -0.68%
None
30.00%
50,000
2.77
0.21%
0.09%
34
$38.62
5

FEP Sector/Industry Breakdown


FEP
Segment Benchmark
23.83%
22.14%
18.87%
12.01%
15.11%
12.76%
12.31%
7.93%
6.17%
11.14%
5.86%
8.15%
5.55%
11.62%
4.81%
5.28%
4.73%
3.09%
1.85%
3.63%

FEP TOP 10 HOLDINGS[View All]

1.56%
1.05%
1.02%
0.94%
0.92%
0.92%
0.92%
0.91%
0.91%
0.90%
10.05%

FEP Countries


FEP
Segment Benchmark
25.85%
28.95%
14.99%
14.67%
12.28%
15.75%
10.94%
4.23%
6.52%
4.48%
6.15%
5.50%
5.27%
1.39%
4.46%
5.02%
3.58%
11.47%
2.71%
1.77%

FEP Regions


FEP
Segment Benchmark
100.93%
99.30%
0.63%
0.70%

FEP Economic Development


FEP
Segment Benchmark
100.00%
100.00%

FEP Performance Statistics

--
--
--
--
0.00%
MSCI Europe IMI

FEP MSCI ESG Ratings

6.57 / 10
23.58
85.16
7.59%
9.56%
353.65

FEP BENCHMARK COMPARISON HOLDINGS

198
1415
188
18.91%

FEP BENCHMARK COMPARISON SUMMARY


FEP
Segment Benchmark
198
1415
$16.34B
$65.32B
11.71
17.42
1.68
1.85
2.69%
3.24%
Low
--

FEP BENCHMARK COMPARISON MARKET CAP SIZE


FEP
Segment Benchmark
32.05%
75.94%
67.95%
18.49%
0.00%
5.23%
0.00%
0.35%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.