FPXI

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

FPXI Fund Description

FPXI tracks a market-cap-weighted index of the 50 largest developed markets ex-US IPOs over the first 1,000 trading days for each stock.

FPXI Factset Analytics Insight

FPXI holds positions in the 50 largest international 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 defined as a first-day price increase more than 3 sigma above the mean. A 10% issuer cap is also in place. The index is reconstituted and rebalanced quarterly. 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. See sibling funds FPX and FPXE for US and Europe exposure, respectively, using the same methodology.

PERFORMANCE [as of 06/30/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FPXI -4.27% -10.58% -24.31% -36.05% 6.74% 7.47% --
FPXI (NAV) -4.47% -10.75% -24.64% -35.77% 6.75% 7.58% --
IPOX International Index -4.30% -11.32% -24.26% -35.30% 7.66% 8.50% --
MSCI ACWI ex USA IMI Index -8.95% -14.28% -19.08% -19.86% 1.55% 2.50% 5.01%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FPXI Summary Data

First Trust
11/05/14
Open-Ended Fund
0.70%
$390.42M
$3.58M
0.47%

FPXI Portfolio Data

$323.68B
16.71
3.37
1.07%
N/A
55

FPXI Index Data

IPOX International Index
Market Cap
Time Since Listing
MSCI ACWI ex USA IMI Index

FPXI Portfolio Management

0.70%
-0.87%
1.21%
-2.05%

FPXI Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FPXI Fund Structure

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

FPXI Factset Analytics Block Liquidity

As of 07/01/22
5
4
3
2
1

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

FPXI Tradability

82,398
$3.58M
64,843
$2.88M
0.47%
$0.21
-0.16%
0.96% / -1.40%
None
24.00%
50,000
1.30
0.02%
0.19%
2
$43.42
5

FPXI Sector/Industry Breakdown


FPXI
Segment Benchmark
20.83%
--
10.66%
--
10.62%
--
10.19%
--
9.65%
--
7.09%
--
7.02%
--
6.30%
--
4.21%
--
4.19%
--

FPXI Top 10 Holdings[View All]

10.36%
9.27%
6.64%
6.20%
6.01%
5.96%
5.58%
4.87%
4.84%
4.19%
63.91%

FPXI Countries


FPXI
Segment Benchmark
17.43%
1.41%
15.88%
8.46%
12.88%
2.50%
11.82%
4.78%
8.79%
14.44%
6.67%
0.72%
4.46%
2.19%
4.35%
5.25%
3.86%
0.62%
2.39%
1.51%

FPXI Regions


FPXI
Segment Benchmark
35.38%
45.00%
33.50%
39.90%
19.25%
3.98%
8.81%
8.78%
3.06%
2.35%

FPXI Economic Development


FPXI
Segment Benchmark
72.73%
86.53%
27.27%
13.47%

FPXI Performance Statistics

0.68
1.14
1.35
0.79
0.79%
MSCI ACWI ex USA IMI Index

FPXI Benchmark Comparison Holdings

55
6553
36
1.87%

FPXI Benchmark Comparison Summary


FPXI
Segment Benchmark
55
6553
$323.68B
$75.81B
16.71
13.23
3.37
1.68
1.98%
2.83%
High
Low

FPXI Benchmark Comparison Market Cap Size


FPXI
Segment Benchmark
83.78%
69.36%
15.47%
21.20%
0.74%
8.54%
0.00%
0.91%