FEPFirst Trust Europe AlphaDEX Fund
FEP Fund Description
FEP 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 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, with higher scoring quintiles receiving greater weight in the index. Its weighting constraints are also set at 15% above the sector/country percentages of the base index. It reconstitutes and rebalances its portfolio semi-annually to maintain exposure to its expected outperformers. Sector biases abound, though they can also change in light of the fund's rebalancing.
FEP MSCI ESG Analytics Insight
First Trust Europe AlphaDEX Fund has an MSCI ESG Fund Rating of AA based on a score of 7.36 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. First Trust Europe AlphaDEX Fund ranks in the 86th percentile within its peer group and in the 27th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FEP MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FEP Summary Data
FEP Portfolio Data
FEP Index Data
FEP Portfolio Management
FEP Tax Exposures
FEP Fund Structure
FEP Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
FEP Top 10 Holdings[View All]
FEP Economic Development
FEP Performance Statistics
FEP MSCI ESG Ratings
FEP Benchmark Comparison Summary
FEP Benchmark Comparison Market Cap Size