FPXE

First Trust IPOX Europe Equity Opportunities ETF
*Unless otherwise stated, data provided by FactSet.

FPXE Fund Description

FPXE tracks a market-cap-weighted index of the 100 largest European IPOs over the first 1,000 trading days for each stock.

FPXE Factset Analytics Insight

FPXE holds positions in the 100 largest developed-market European firms with recent IPOs, weighted by market cap. Eligible stocks are purchased after the close on the 6th trading day and sold on the 1000th, for a holding period of roughly 4 years. The fund applies further quantitative screens in addition to the usual de minimis size and liquidity requirements, but these are fairly relaxed: a minimum market cap of $50M at the close of the first trading day, publicly traded float of at least 15%, and no abnormal underpricing. This process results in an eclectic basket that can change significantly when new firms enter and older ones age out. Overall, it’s a good option for investors looking to access relatively fresh stock issues. The index is reconstituted and rebalanced quarterly.

PERFORMANCE [as of 06/24/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FPXE -8.52% -20.36% -37.57% -34.10% -0.28% -- --
FPXE (NAV) -8.32% -20.64% -37.79% -34.77% -0.22% -- --
IPOX 100 Europe Index -- -- -- -- -- -- --
MSCI Europe IMI -5.88% -11.79% -20.17% -18.26% 2.11% 2.51% 6.30%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FPXE Summary Data

First Trust
10/04/18
Open-Ended Fund
0.70%
$5.82M
$13.50K
0.21%

FPXE Portfolio Data

$23.01B
16.26
2.73
0.24%
N/A
101

FPXE Index Data

IPOX 100 Europe Index
Market Cap
Time Since Listing
MSCI Europe IMI

FPXE Portfolio Management

0.70%
--
--
--

FPXE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FPXE Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
High
Daily

FPXE Factset Analytics Block Liquidity

As of 06/27/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FPXE. FPXE is rated a 3 out of 5.

FPXE Tradability

656
$13.50K
341
$7.52K
0.21%
$0.04
-0.02%
1.50% / -2.97%
None
29.00%
50,000
0.01
0.03%
0.26%
0
$19.68
3

FPXE Sector/Industry Breakdown


FPXE
Segment Benchmark
15.96%
--
14.56%
--
11.97%
--
8.29%
--
6.21%
--
6.08%
--
6.07%
--
5.04%
--
4.54%
--
4.33%
--

FPXE Top 10 Holdings[View All]

6.13%
3.65%
3.64%
3.53%
3.52%
3.49%
3.22%
2.61%
2.52%
34.85%

FPXE Countries


FPXE
Segment Benchmark
21.94%
12.08%
18.68%
6.33%
14.61%
0.41%
12.25%
5.54%
9.93%
26.08%
4.59%
1.74%
3.68%
1.62%
3.44%
15.44%
2.64%
16.02%
2.57%
3.75%

FPXE Regions


FPXE
Segment Benchmark
84.98%
99.59%
14.61%
0.41%
0.41%
--

FPXE Economic Development


FPXE
Segment Benchmark
100.00%
100.00%

FPXE Performance Statistics

0.57
0.98
1.06
0.86
1.21%
MSCI Europe IMI

FPXE Benchmark Comparison Holdings

101
1460
61
2.68%

FPXE Benchmark Comparison Summary


FPXE
Segment Benchmark
101
1460
$23.01B
$81.53B
16.26
13.41
2.73
1.85
1.66%
2.92%
Medium
Low

FPXE Benchmark Comparison Market Cap Size


FPXE
Segment Benchmark
50.42%
77.31%
36.05%
16.76%
12.92%
5.53%
0.61%
0.40%