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.

FPXE MSCI ESG Analytics Insight

First Trust IPOX Europe Equity Opportunities ETF has an MSCI ESG Fund Rating of AA based on a score of 8.15 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 IPOX Europe Equity Opportunities ETF ranks in the 78th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 01/14/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FPXE -5.49% -1.98% -7.34% -0.21% 19.14% -- --
FPXE (NAV) -5.49% -9.46% -9.85% -2.74% 18.58% -- --
IPOX 100 Europe Index -- -- -- -- -- -- --
MSCI Europe IMI 4.27% 2.05% -0.65% 12.53% 13.85% 9.91% 8.69%
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%
$10.18M
$219.41K
0.17%

FPXE Portfolio Data

$41.10B
31.88
4.14
0.35%
N/A
99

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 01/17/22
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 4 out of 5.

FPXE Tradability

7,057
$219.41K
3,868
$123.11K
0.17%
$0.05
0.06%
1.80% / -2.97%
None
39.00%
50,000
0.08
0.03%
0.16%
0
$28.51
4

FPXE Sector/Industry Breakdown


FPXE
Segment Benchmark
18.23%
13.25%
16.78%
17.45%
13.61%
13.96%
11.47%
8.75%
10.35%
12.88%
5.77%
10.97%
3.40%
7.64%
2.34%
3.76%
1.75%
2.35%

FPXE Top 10 Holdings[View All]

7.99%
6.52%
5.04%
4.24%
3.42%
2.92%
2.92%
2.44%
2.39%
2.15%
40.03%

FPXE Countries


FPXE
Segment Benchmark
19.44%
13.08%
18.76%
7.39%
13.73%
0.39%
12.57%
6.99%
9.37%
24.01%
8.25%
16.01%
4.51%
4.00%
3.68%
3.82%
3.62%
14.72%
1.81%
1.57%

FPXE Regions


FPXE
Segment Benchmark
85.01%
99.61%
13.73%
0.39%
1.26%
--

FPXE Economic Development


FPXE
Segment Benchmark
100.00%
100.00%

FPXE Performance Statistics

0.44
0.97
0.89
0.76
1.10%
MSCI Europe IMI

FPXE MSCI ESG Ratings

8.15 / 10
--
77.98
7.74%
--
48.08

FPXE Benchmark Comparison Holdings

99
1476
70
4.99%

FPXE Benchmark Comparison Summary


FPXE
Segment Benchmark
99
1476
$41.10B
$86.49B
31.88
20.89
4.14
2.09
0.96%
2.42%
Medium
Low

FPXE Benchmark Comparison Market Cap Size


FPXE
Segment Benchmark
60.33%
78.81%
32.60%
16.30%
7.00%
4.68%
0.07%
0.21%