FJP - ETF AI Analysis
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First Trust Japan AlphaDEX Fund (FJP)
FJP, the First Trust Japan AlphaDEX Fund, earns a solid overall rating, reflecting a portfolio anchored by strong Japanese companies with attractive valuations and generally healthy financial performance. Key contributors include INPEX, which combines robust earnings, strong momentum, and appealing valuation metrics, and Central Japan Railway, which adds stable growth and signs of undervaluation, both supporting the fund’s quality. The main risk factor is the fund’s concentration in a few cyclical sectors like shipping and energy, where names such as Idemitsu Kosan show overbought signals and high valuation, which can add volatility and slightly hold back the overall rating.
FJP vs. SPDR S&P 500 ETF (SPY)
- AUM
- 268.79M
- Region
- Asia-Pacific
- Expense Ratio
- 0.80%
- Beta
- 0.82
- Issuer
- First Trust
- Inception Date
- Apr 18, 2011
- Dividend Yield
- 2.66%
- Asset Class
- Equity
- Index Tracked
- NASDAQ AlphaDEX Japan Index
FJP Summary
FJP is an exchange-traded fund that follows the NASDAQ AlphaDEX Japan Index, aiming to tap into the growth potential of Japanese stocks. It mainly invests in companies based in Japan across many sectors, including industrials, consumer companies, and utilities. Well-known names in the fund include Suzuki Motor and Japan Airlines. Someone might invest in FJP to diversify internationally and gain broad exposure to the Japanese market in a single investment. A key risk is that the fund’s value can go up and down with the Japanese stock market, so returns are not guaranteed.
How much will it cost me?
This ETF has an expense ratio of 0.80%, which means you’ll pay about $8 per year for every $1,000 invested. That’s higher than the average ETF because it uses an active, rules-based AlphaDEX strategy rather than simple passive index tracking.
What would affect this ETF?
FJP could benefit from stronger economic growth in Japan, increased global trade, and rising demand for industrial and consumer cyclical companies, which make up a large part of its portfolio, as well as supportive government policies or stable interest rates. On the negative side, slower global growth, higher interest rates, or disruptions in shipping, energy, and transportation—areas tied to its top holdings—could hurt company profits, while any unfavorable changes in Japanese regulations or currency swings could also weigh on returns.
FJP Top 10 Holdings
FJP is leaning heavily into Japan’s industrial backbone, with shipping giants Mitsui OSK Lines, Nippon Yusen, and Kawasaki Kisen acting as the main engines of recent gains, all rising on solid fundamentals and favorable momentum. Brother Industries has also been a bright spot, giving the fund an extra push. On the flip side, Central Japan Railway, Suzuki Motor, and Japan Airlines have been lagging, dampening returns as travel and autos lose some steam. Overall, this is a Japan-only play, concentrated in cyclical transport and industrial names rather than flashy tech.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 JP:9104 | Mitsui OSKLines | 2.50% | $6.68M | JPY 2.78T | 67.91% | 73Outperform |
 NYUKF | Nippon Yusen Kabushiki Kaisha | ― | ― | ― | ― | 77Outperform |
 JP:9107 | Kawasaki Kisen Kaisha | 2.40% | $6.40M | JPY 2.03T | 58.17% | 70Outperform |
 JP:1605 | INPEX | 2.17% | $5.78M | JPY 4.87T | 42.43% | 79Outperform |
 JP:9503 | Kansai Electric Power Company | 2.11% | $5.62M | JPY 2.80T | 15.33% | 75Outperform |
 JP:9022 | Central Japan Railway Company | 1.92% | $5.13M | JPY 3.75T | 4.17% | 75Outperform |
 JP:7269 | Suzuki Motor | 1.86% | $4.97M | JPY 4.10T | -8.42% | 72Outperform |
 BRTHF | Brother Industries | ― | ― | ― | ― | 76Outperform |
 JP:9531 | TOKYO GAS Co | 1.84% | $4.91M | JPY 2.17T | 22.41% | 77Outperform |
 JP:9201 | Japan Airlines Co | 1.82% | $4.86M | JPY 1.35T | 10.63% | 68Neutral |
FJP Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FJP, the sentiment is Negative. The current price of 72.75 is below the 20-day moving average (MA) of 76.03, below the 50-day MA of 77.01, and below the 200-day MA of 75.66, indicating a bearish trend. The MACD of -1.11 indicates Positive momentum. The RSI at 33.24 is Neutral, neither overbought nor oversold. The STOCH value of 40.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FJP.
FJP Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FJP | $72.75 | $82.00(12.72% Upside) | $268.79M | 0.80% | 69Neutral |
 EWJV | $46.75 | $56.09(19.99% Upside) | $776.34M | 0.15% | 72Outperform |
 DBJP | $111.40 | $148.54(33.34% Upside) | $718.10M | 0.45% | 70Outperform |
 OPPJ | $56.61 | ― | $331.61M | 0.58% | 69Neutral |
 FLJH | $44.25 | $57.65(30.30% Upside) | $203.63M | 0.09% | 70Neutral |
 JPXN | $100.31 | $127.54(27.14% Upside) | $168.12M | 0.48% | 70Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FJP | First Trust Japan AlphaDEX Fund | 72.75 | 8.22 | 12.74% | |
| EWJV | iShares MSCI Japan Value ETF | 46.74 | 9.45 | 25.33% | |
| DBJP | Xtrackers MSCI Japan Hedged Equity ETF | 111.39 | 20.08 | 21.99% | |
| OPPJ | WisdomTree Japan Opportunities Fund | 56.61 | 14.23 | 33.58% | |
| FLJH | Franklin FTSE Japan Hedged ETF | 44.24 | 8.03 | 22.18% | |
| JPXN | iShares Japan Large-Cap | 100.31 | 15.01 | 17.60% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.