First Trust Ipox Etf Profile
| FPXE Etf | USD 26.41 0.15 0.56% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 26.41 as of the 27th of November 2024, a 0.56 percent decrease since the beginning of the trading day. The etf's lowest day price was 26.32. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Trust IPOX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of December 2022 and ending today, the 27th of November 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks and depositary receipts that comprise the index. FT Ipox is traded on NASDAQ Exchange in the United States. More on First Trust IPOX
First Trust IPOX cannot be verified against its exchange. It appears that First Trust is not available for investing at the moment. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RefreshFirst Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Europe Stock, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2018-10-04 |
| Benchmark | IPOX 100 Europe Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.97 Million |
| Average Trading Valume | 450 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Europe |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 103 |
| Market Maker | Susquehanna |
| Total Expense | 0.7 |
| Management Fee | 0.7 |
| Country Name | USA |
| Returns Y T D | 17.62 |
| Name | First Trust IPOX Europe Equity Opportunities ETF |
| Currency Code | USD |
| Open Figi | BBG00M55XYJ3 |
| In Threey Volatility | 23.02 |
| 1y Volatility | 15.47 |
| 200 Day M A | 25.5459 |
| 50 Day M A | 26.3262 |
| Code | FPXE |
| Updated At | 26th of November 2024 |
| Currency Name | US Dollar |
First Trust IPOX [FPXE] is traded in USA and was established 2018-10-02. The fund is listed under Europe Stock category and is part of First Trust family. The entity is thematically classified as Strategy ETFs. First Trust IPOX currently have 5.13 M in assets under management (AUM). , while the total return for the last 3 years was -4.2%.
Check First Trust Probability Of Bankruptcy
First Trust IPOX Currency Exposure
First Trust IPOX holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of First Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in First Trust IPOX.
First Trust IPOX Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.006 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.13) |
First Trust Against Markets
Try Other Suggestions
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust IPOX. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of First Trust IPOX is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.