FJPFirst Trust Japan AlphaDEX Fund
FJP Fund Description
FJP tracks an tiered equal-weighted index of Japanese equities selected using a quantitative model.
FJP Factset Analytics Insight
FJP tries to beat the broader Japanese equity market using a proprietary selection model and tiered equal-weighting scheme. It thus differs from our segment benchmark by design. FJP underweights financials, while it loads up on technology stocks. The fund also tilts heavily toward midcap stocks in its attempts to find alpha. FJP is one of the most expensive fund within the segment, and tracks its index loosely. Liquidity is also a bit of an issue. so carefully placed limit orders are necessary to limit trading costs.
FJP MSCI ESG Analytics Insight
First Trust Japan AlphaDEX Fund has an MSCI ESG Fund Rating of BBB based on a score of 5.53 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 Japan AlphaDEX Fund ranks in the 40th percentile within its peer group and in the 20th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FJP 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.
FJP Summary Data
FJP Portfolio Data
FJP Index Data
FJP Portfolio Management
FJP Tax Exposures
FJP Fund Structure
FJP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FJP. FJP is rated a 4 out of 5.
FJP Sector/Industry Breakdown
FJP Top 10 Holdings[View All]
FJP Economic Development
FJP Performance Statistics
FJP MSCI ESG Ratings
FJP Benchmark Comparison Summary
FJP Benchmark Comparison Market Cap Size