FEP

First Trust Europe AlphaDEX Fund
CLOSING PRICECHANGE (%)VOLUME
$31.92-- (--)85.89K
4:00:00 p.m. (ET) 03/28/2017
BZX EXCHANGE CLOSED
LAST TRADECHANGE (%)
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BID SIZEBID ($)ASK ($)ASK SIZE
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Overall Rating

C

82
as of 03/28/17

Rating Details

67
85
82
Segment Average
  • 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 Europeanthe fund's Achilles heel is its high fee 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.

  • 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

04/18/11
Open-Ended Fund
0.80%
$277.9 M
$2.53 M
0.10%

FEP Portfolio Data

$12.47 B
16.53
1.63
1.93%
03/23/17
199

FEP Index Data

NASDAQ AlphaDEX Europe Index
Tiered
Multi-Factor
MSCI Europe IMI

Related ETFs to FEP

JPEU, OEUR, GSEU, EUMV, EUDG
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
15:59:3031.92100
15:42:0031.92100
15:29:1031.90100
15:22:3531.88500
15:22:3531.89200
14:27:3231.91100
14:27:3231.92100
14:27:3231.92100
14:27:2831.92100
14:27:2831.92100
Bats BZX Real-time Quote - 17:16:16
Average Spread
Premium/Discount
Volume

FEP FactSet Analytics Block Liquidity

As of 03/28/17
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

81,785
$2.53 M
51,539
$1.59 M
0.10%
$0.03
-0.17%
0.67% / -1.14%
None
31.00%
50,000
1.03
0.25%
0.07%
61
$31.92
5

FEP Performance Statistics

0.99
0.99
1.04
1.00
0.30%
MSCI Europe IMI