Key stats
About First Trust Europe AlphaDEX Fund
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Inception date
Apr 18, 2011
Structure
Open-Ended Fund
Replication method
Physical
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks97.85%
Finance36.96%
Non-Energy Minerals7.43%
Consumer Durables6.21%
Electronic Technology5.95%
Utilities5.06%
Producer Manufacturing4.83%
Transportation4.26%
Energy Minerals4.15%
Industrial Services3.91%
Communications3.19%
Technology Services2.83%
Retail Trade2.77%
Consumer Non-Durables2.54%
Commercial Services2.25%
Miscellaneous1.46%
Health Technology1.27%
Consumer Services1.04%
Process Industries0.94%
Distribution Services0.47%
Health Services0.32%
Bonds, Cash & Other2.15%
Cash2.15%
Rights & Warrants0.00%
Stock breakdown by region
Europe98.32%
North America1.68%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FEP invests in stocks. The fund's major sectors are Finance, with 36.96% stocks, and Non-Energy Minerals, with 7.43% of the basket. The assets are mostly located in the Europe region.
FEP last dividends amounted to 0.96 USD. The quarter before, the issuer paid 0.11 USD in dividends, which shows a 88.33% increase.
FEP assets under management is 283.22 M USD. It's risen 6.55% over the last month.
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.
Yes, FEP pays dividends to its holders with the dividend yield of 3.44%. The last dividend (Jun 30, 2025) amounted to 0.96 USD. The dividends are paid quarterly.
FEP shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Apr 18, 2011, and its management style is Passive.
FEP expense ratio is 0.80% meaning you'd have to pay 0.80% of your investment to help manage the fund.
FEP follows the NASDAQ AlphaDEX Europe Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FEP invests in stocks.
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.
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 trades at a premium (0.46%) meaning the ETF is trading at a higher price than the calculated NAV.