Key stats
About First Trust IPOX Europe Equity Opportunities ETF
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Inception date
Oct 4, 2018
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
ISIN
US33734X7883
FPXE holds positions in the 100 largest developed-market European 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. This process results in an eclectic basket that can change significantly when new firms enter and older ones age out. Overall, its a good option for investors looking to access relatively fresh stock issues. The index is reconstituted and rebalanced quarterly.
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
Technology Services
Health Technology
Stocks99.89%
Finance19.23%
Technology Services18.30%
Health Technology10.99%
Consumer Services8.48%
Producer Manufacturing7.39%
Non-Energy Minerals7.22%
Electronic Technology6.43%
Industrial Services5.91%
Retail Trade3.52%
Communications3.50%
Consumer Durables2.51%
Utilities1.87%
Energy Minerals0.99%
Health Services0.86%
Miscellaneous0.78%
Consumer Non-Durables0.71%
Transportation0.60%
Commercial Services0.53%
Distribution Services0.08%
Bonds, Cash & Other0.11%
Cash0.07%
Miscellaneous0.05%
Stock breakdown by region
Europe89.98%
North America7.68%
Africa2.34%
Latin America0.00%
Asia0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FPXE invests in stocks. The fund's major sectors are Finance, with 19.23% stocks, and Technology Services, with 18.30% of the basket. The assets are mostly located in the Europe region.
FPXE top holdings are Technip Energies NV and ARM Holdings PLC Sponsored ADR, occupying 4.58% and 4.04% of the portfolio correspondingly.
FPXE last dividends amounted to 0.26 USD. The quarter before, the issuer paid 0.13 USD in dividends, which shows a 51.85% increase.
FPXE assets under management is 4.83 M USD. It's fallen 0.18% over the last month.
FPXE fund flows account for −70.90 K 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, FPXE pays dividends to its holders with the dividend yield of 1.20%. The last dividend (Jun 30, 2025) amounted to 0.26 USD. The dividends are paid quarterly.
FPXE shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Oct 4, 2018, and its management style is Passive.
FPXE expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
FPXE follows the IPOX 100 Europe Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FPXE invests in stocks.
FPXE price has risen by 1.00% over the last month, and its yearly performance shows a 21.20% increase. See more dynamics on FPXE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.40% over the last month, have fallen by −0.40% over the last month, showed a 4.37% increase in three-month performance and has increased by 20.91% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.40% over the last month, have fallen by −0.40% over the last month, showed a 4.37% increase in three-month performance and has increased by 20.91% in a year.
FPXE trades at a premium (0.29%) meaning the ETF is trading at a higher price than the calculated NAV.