---
ticker: "FEP"
name: "First Trust Europe AlphaDEX Fund"
url: "https://etf.net/etf/FEP"
grade: "D"
score: 31
graded_at: "2026-10-12"
category: "International Multifactor"
category_rank: "25 of 30"
methodology: "https://etf.net/methodology"
---

# FEP: First Trust Europe AlphaDEX Fund

Grade **D**, Score 31 of 100. Rank 25 of 30 in International Multifactor.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 9 | 26 of 30 |
| Mission | Not scored | — |
| Risk | 32 | 25 of 30 |
| Tradability | 46 | 17 of 30 |
| Holdings | 56 | 16 of 30 |
| Durability | 69 | 9 of 30 |

## Top holdings

The fund holds 205 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | MOH.AT | Motor Oil (Hellas) Corinth Refineries S.A. | 1.39% |
| 2 | — | A.P. Moeller - Maersk A/S (Class B) | 1.21% |
| 3 | WAWI.OL | Wallenius Wilhelmsen ASA | 1.17% |
| 4 | ABDN.L | Aberdeen Group PLC | 1.03% |
| 5 | PRY.MI | Prysmian SpA | 0.98% |
| 6 | — | JD Sports Fashion Plc | 0.97% |
| 7 | REP.MC | Repsol, S.A. | 0.94% |
| 8 | BBY.L | Balfour Beatty Plc | 0.94% |
| 9 | MTLN.L | Metlen Energy & Metals Plc | 0.91% |
| 10 | SPM.MI | Saipem SpA | 0.91% |
| 11 | — | Investor AB (Class B) | 0.89% |
| 12 | BLND.L | The British Land Company Plc | 0.88% |
| 13 | GLB.L | Glanbia Plc | 0.88% |
| 14 | TKA.DE | thyssenkrupp AG | 0.87% |
| 15 | — | SSAB AB (Class B) | 0.87% |
| 16 | VAR.OL | Var Energi ASA | 0.86% |
| 17 | VPK.AS | Koninklijke Vopak N.V. | 0.85% |
| 18 | LI.PA | Klepierre | 0.85% |
| 19 | VOD.L | Vodafone Group Plc | 0.84% |
| 20 | GLEN.L | Glencore Plc | 0.84% |
| 21 | NDA.DE | Aurubis AG | 0.84% |
| 22 | — | Industrivarden AB (Class C) | 0.83% |
| 23 | MT.AS | ArcelorMittal | 0.82% |
| 24 | EQNR.OL | Equinor ASA | 0.82% |
| 25 | UMI.BR | Umicore S.A. | 0.81% |
| 26 | SBMO.AS | SBM Offshore N.V. | 0.81% |
| 27 | HOT.DE | Hochtief AG | 0.80% |
| 28 | III.L | 3i Group Plc | 0.80% |
| 29 | ABF.L | Associated British Foods Plc | 0.79% |
| 30 | PPC.AT | Public Power Corporation S.A. (PPC) | 0.79% |

Source: etf.net, https://etf.net/etf/FEP. Please cite the page URL.