First Trust Europe AlphaDEX FundFirst Trust Europe AlphaDEX FundFirst Trust Europe AlphaDEX Fund

First Trust Europe AlphaDEX Fund

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Key stats


Assets under management (AUM)
‪283.22 M‬USD
Fund flows (1Y)
‪23.31 M‬USD
Dividend yield (indicated)
3.44%
Discount/Premium to NAV
0.5%
Shares outstanding
‪6.05 M‬
Expense ratio
0.80%

About First Trust Europe AlphaDEX Fund


Issuer
AJM Ventures LLC
Brand
First Trust
Inception date
Apr 18, 2011
Structure
Open-Ended Fund
Index tracked
NASDAQ AlphaDEX Europe Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
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.

Broaden your horizons with more funds linked to FEP via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Multi-factor
Geography
Developed Europe
Weighting scheme
Tiered
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stock breakdown by region
1%98%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FEP trades at 47.47 USD today, its price has risen 0.68% in the past 24 hours. Track more dynamics on FEP price chart.
FEP net asset value is 47.25 today — it's risen 4.93% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FEP assets under management is ‪283.22 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FEP price has risen by 1.45% over the last month, and its yearly performance shows a 29.24% increase. See more dynamics on FEP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.93% over the last month, showed a 16.88% increase in three-month performance and has increased by 33.77% in a year.
FEP fund flows account for ‪23.31 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FEP invests in stocks. See more details in our Analysis section.
FEP expense ratio is 0.80%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FEP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FEP technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FEP shows the strong buy signal. See more of FEP technicals for a more comprehensive analysis.
Yes, FEP pays dividends to its holders with the dividend yield of 3.44%.
FEP trades at a premium (0.46%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FEP shares are issued by AJM Ventures LLC
FEP follows the NASDAQ AlphaDEX Europe Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 18, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.