FEP

First Trust Europe AlphaDEX Fund
C

76
  • Overview
  • Efficiency
  • Tradability
  • Fit

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 December 12, 2017 the First Trust Europe AlphaDEX Fund MSCI ESG Fund Quality Score is 6.69 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 29th percentile within its peer group and in the 87th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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FEP Top 10 Countries View All

FEP Top 10 Sectors

FEP Top 10 Holdings View All

FEP Summary Data

First Trust
04/18/11
Open-Ended Fund
0.80%
$686.83M
$5.48M
0.12%

FEP Portfolio Data

$15.09B
12.55
1.61
1.28%
12/21/17
199

FEP Index Data

Tiered
Multi-Factor
MSCI Europe IMI

Related ETFs to FEP

JPEU, OEUR, EUDG, GSEU, FEUZ
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

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
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
15:59:3038.04100
15:59:3038.04100
15:57:2938.03300
15:21:4838.06100
15:21:4838.06500
15:21:4738.07100
15:21:4738.08100
15:21:4738.08100
15:21:4738.08100
15:13:5838.06300
Bats BZX Real-time Quote - 18:26:37
Daily Spread
Premium/Discount
Volume

FEP Factset Analytics Block Liquidity

As of 12/13/17
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

144,080
$5.48M
123,491
$4.70M
0.12%
$0.05
0.22%
0.83% / -0.45%
None
30.00%
50,000
2.47
0.21%
0.10%
76
$37.92
5

FEP Sector/Industry BreakdownView All

FEPSegment Benchmark
21.94% 27.00%
13.54% 18.71%
11.65% 18.47%
7.89% 12.49%
7.48% 4.97%
3.06% 4.25%
12.16% 4.14%
5.22% 3.38%
11.46% 2.86%

FEP Geographic Exposure

FEPSegment Benchmark
28.45% 25.33%
14.92% 16.15%
14.95% 12.90%
5.06% 9.51%
4.12% 5.98%
11.88% 5.21%
5.58% 5.08%
5.07% 3.96%
1.32% 3.56%

FEPSegment Benchmark
99.23% 100.00%
0.77% --
0.00% / 0.00% 0.00% / 0.00%

FEP Performance Statistics

0.99
0.99
0.96
1.01
0.22%
MSCI Europe IMI

FEP MSCI ESG Ratings

6.69 / 10
28.51
86.74
8.17%
10.21%
232.97

FEP BENCHMARK COMPARISON

    FEP
    199 Holdings
    Segment Benchmark
    1403 Constituents
    Shared Holdings
    196 (Count)
     
    17.94% (Weight)
FEPSegment Benchmark
75.82% 28.41%
18.59% 70.95%
5.22% 0.65%
0.37% 0.00%
3.03% 2.38%