First Trust IPOX Europe Equity Opportunities ETF
FPXE - ETF AI Analysis
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First Trust IPOX Europe Equity Opportunities ETF (FPXE)
FPXE’s rating reflects a mix of strong, growing European companies alongside some valuation and financial risks. Standout holdings like Rio Tinto, with solid financial strength, attractive valuation, and supportive technical trends, and Siemens Energy, with strong financial performance and positive technical indicators, help support the fund’s quality. However, several key positions such as ARM, Technoprobe, and others face potential overvaluation or leverage and cash flow concerns, making high valuations and balance sheet risks the main factors that hold back the ETF’s overall rating.
FPXE vs. SPDR S&P 500 ETF (SPY)
- AUM
- 4.79M
- Region
- Europe
- Expense Ratio
- 0.70%
- Beta
- 1.02
- Issuer
- First Trust
- Inception Date
- Oct 04, 2018
- Dividend Yield
- 1.81%
- Asset Class
- Equity
- Index Tracked
- IPOX 100 Europe Index - USD - Benchmark TR Net
FPXE Summary
FPXE is an ETF that follows the IPOX 100 Europe Index, focusing on companies in Europe that have recently gone public. It holds a mix of sectors like health care, technology, and industrials, and includes well-known names such as Siemens Energy and ARM Holdings. Investors might consider FPXE if they want growth potential from newer, innovative companies while spreading their money across many businesses and countries. However, because it focuses on recent IPOs and stocks, its price can be more volatile and can go up and down quickly with changes in the market.
How much will it cost me?
This ETF has an expense ratio of 0.70%, which means you’ll pay about $7 per year for every $1,000 you invest. That’s higher than the average ETF because it follows a more specialized strategy focused on newly public European companies, which typically costs more to research and manage than broad, plain-vanilla index funds.
What would affect this ETF?
This ETF could benefit if Europe’s economy strengthens, especially in technology, health care, and industrials, and if newly listed companies like Siemens Energy, ARM, and other recent IPOs grow as they gain market share and improve profitability. On the downside, higher interest rates, weaker European growth, or tighter regulations on key sectors and IPO markets could hurt these younger, more volatile companies and lead to larger price swings for the fund.
FPXE Top 10 Holdings
FPXE leans into Europe’s newest market darlings, with chip designer ARM and semiconductor tester Technoprobe setting the tone; both have been strong longer-term but ARM has been losing a bit of steam lately while Technoprobe keeps powering ahead. Viking Holdings and online broker Nordnet are also rising, giving the fund a lift from travel and financial services. On the flip side, Siemens Energy and Rio Tinto have been lagging in recent months, acting as mild brakes. Overall, this is a Europe-focused, innovation-tilted portfolio with notable tech and growth exposure.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 ARM | ARM Holdings PLC ADR | 3.42% | $163.22K | $216.39B | 34.31% | 69Neutral |
 CH:GALD | Galderma Group AG | 1.78% | $84.71K | CHF 45.46B | 27.06% | 70Outperform |
 VIK | Viking Holdings | 1.27% | $60.71K | $40.22B | 45.73% | 66Neutral |
 DE:ENR | Siemens Energy | ― | ― | ― | ― | 72Outperform |
 SE:SAVE | Nordnet AB | 6.03% | $287.61K | SEK 87.84B | 26.08% | 64Neutral |
 IT:LTMC | Lottomatica Group S.P.A. | 5.32% | $253.43K | EUR 6.50B | 35.36% | 63Neutral |
 GB:RIO | Rio Tinto | 2.18% | $104.16K | GBP 109.63B | 16.91% | 82Outperform |
 IT:TPRO | Technoprobe S.p.A. | 4.58% | $218.31K | EUR 15.18B | 111.03% | 64Neutral |
 CH:SDZ | Sandoz Group Ltd | 2.94% | $140.03K | CHF 37.49B | 57.31% | 59Neutral |
 IT:BAMI | Banco BPM S.p.A. | 1.97% | $93.93K | EUR 22.17B | 10.52% | 72Outperform |
FPXE Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FPXE, the sentiment is Negative. The current price of 31.54 is above the 20-day moving average (MA) of 31.35, below the 50-day MA of 31.95, and below the 200-day MA of 32.88, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 49.27 is Neutral, neither overbought nor oversold. The STOCH value of 79.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FPXE.
FPXE Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FPXE | $31.54 | $35.00(10.99% Upside) | $4.79M | 0.70% | 55Neutral |
 FLEU | $34.76 | $41.06(18.14% Upside) | $70.09M | 0.09% | 62Neutral |
 EUDG | $38.97 | $44.55(14.32% Upside) | $68.71M | 0.58% | 64Neutral |
 DBEZ | $63.18 | $74.41(17.79% Upside) | $69.93M | 0.45% | 61Neutral |
 PTEU | $32.62 | $38.53(18.14% Upside) | $34.59M | 0.65% | 62Neutral |
 XEML | $25.56 | $28.59(11.86% Upside) | $5.12M | 0.35% | 69Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FPXE | First Trust IPOX Europe Equity Opportunities ETF | 31.54 | 1.89 | 6.36% | |
| FLEU | Franklin FTSE Eurozone ETF | 34.76 | 3.60 | 11.54% | |
| EUDG | WisdomTree Europe Quality Dividend Growth Fund | 38.97 | 4.28 | 12.35% | |
| DBEZ | Xtrackers MSCI Eurozone Hedged Equity ETF | 63.17 | 10.02 | 18.85% | |
| PTEU | Pacer Trendpilot European Index ETF | 32.62 | 3.33 | 11.35% | |
| XEML | Xtrackers Europe Market Leaders ETF | 25.56 | 0.79 | 3.19% |
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.