Key stats
About First Trust Europe AlphaDEX Fund
Home page
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
Identifiers
3
ISINUS33737J1170
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
Non-Energy Minerals
Stocks100.33%
Finance25.04%
Non-Energy Minerals12.13%
Producer Manufacturing9.19%
Industrial Services6.23%
Consumer Durables5.84%
Health Technology4.87%
Transportation4.61%
Electronic Technology4.58%
Energy Minerals4.33%
Utilities3.43%
Retail Trade3.34%
Process Industries2.81%
Consumer Non-Durables2.48%
Commercial Services2.33%
Technology Services2.31%
Communications2.27%
Consumer Services1.59%
Miscellaneous1.44%
Distribution Services0.76%
Health Services0.43%
Bonds, Cash & Other−0.33%
Cash−0.33%
Stock breakdown by region
Europe97.88%
North America1.26%
Asia0.86%
Latin America0.00%
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 25.12% stocks, and Non-Energy Minerals, with 12.17% of the basket. The assets are mostly located in the Europe region.
FEP top holdings are HOCHTIEF Aktiengesellschaft and Fresnillo PLC, occupying 1.16% and 1.11% of the portfolio correspondingly.
FEP last dividends amounted to 0.54 USD. The quarter before, the issuer paid 0.18 USD in dividends, which shows a 67.06% increase.
FEP assets under management is 408.45 M USD. It's risen 15.54% over the last month.
FEP fund flows account for 119.47 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 3.29%. The last dividend (Dec 31, 2025) amounted to 0.54 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 5.54% over the last month, and its yearly performance shows a 51.67% increase. See more dynamics on FEP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.35% over the last month, showed a 6.45% increase in three-month performance and has increased by 57.25% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.35% over the last month, showed a 6.45% increase in three-month performance and has increased by 57.25% in a year.
FEP trades at a premium (0.48%) meaning the ETF is trading at a higher price than the calculated NAV.