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FGM

GradeCNASDAQ Global Market

First Trust Germany AlphaDEX Fund

Countries & Regions · First Trust · Inception 2012-02-14 · SEC filings

$60.95−1.46 (−2.35%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 62.41 to 60.95. Range 60.69 to 61.44. Use the arrow keys to read each point.$60.60$60.80$61.20$61.4010 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$96M
1Y return
+9.7%
Yield · Last 12 months
1.41%
Holdings
40
Volume · 30D
0M sh
NAV per share
$61.80
52W range
low $54.50high $71.12

The ETF.net FGM Grade

C

42/ 100

Rank 10 of 12 in Europe Region⁠

Confidence High

Six-pillar profile for FGM. Scores out of 100: Cost 7, Risk 23, Mission 93, Tradability 40, Holdings 55, Durability 36. Strongest: Mission (93). Weakest: Cost (7). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 42 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 7
    Category rank11/12 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 93
    Category rank7/11 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 23
    Category rank12/12 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 40
    Category rank7/12 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 55
    Category rank7/12 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 36
    Category rank9/12 · bottom quartile

Graded as of Sep 22, 2026

Our read on FGM

ETF.net Research

CMost Germany ETFs hand you the blue chips in market-cap order. FGM screens German stocks on growth and value marks and weights them by rank instead, landing on roughly 40 names. A different Germany, at a premium price.

Stated mandate

The Fund seeks to track, before fees and expenses, the Nasdaq AlphaDEX® GermanyTM Index, an equity index focused on companies assigned to Germany.

Why people hold it

  1. 01Not a cap-weighted rerun: the AlphaDEX screen ranks German companies on growth and value measures, then weights by rank rather than size.
  2. 02Roughly 40 holdings, so the screen actually shows up in the portfolio instead of getting diluted across a broad market list.
  3. 03Running since 2012 and still doing one job: German equities, one named index, tracked closely.

Worth knowing

  1. 01At 0.80% a year it sits above most single-country Europe funds, and four times the 0.20% charged by the cheapest German blue-chip tracker (DAX).
  2. 02A small fund that trades lightly next to the big country ETFs, so spreads and order size are worth watching.
  3. 03One country, one screen, few dozen stocks: the ride follows Germany's cycle and the factor tilt, not a diversified basket.

FGM Holdings

As of Sep 21, 2026, 5:13 PM
Asset class
Stocks
Holdings
40
Top-10 weight
41%
Largest holding
TKA.DE5.0%

Sectors

  • Industrials30.6%
  • Consumer Discr.21.8%
  • Health Care11.1%
  • Materials10.2%
  • Communication7.0%
  • Financials6.4%
  • Real Estate3.5%
  • Cons. Staples3.4%
  • Technology3.3%
  • Utilities2.6%

Geography

  • Germany100.00%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001TKA.DEthyssenkrupp AG4.99%271,964$5M56
002BMW.DEBayerische Motoren Werke (BMW) AG4.50%61,775$4M124
003PAH3.DEPorsche Automobil Holding SE4.50%131,203$4M66
004DHER.DEDelivery Hero SE4.32%98,256$4M71
005UTDI.DEUnited Internet AG (Registered Shares)4.03%123,034$4M52
006NDA.DEAurubis AG3.94%19,521$4M71
007VOW3.DEVolkswagen AG (Preference Shares)3.73%40,368$4M101
008KGX.DEKION Group AG3.58%72,989$3M67
009VNA.DEVonovia SE3.50%163,836$3M97
010SHA0.DESchaeffler AG3.49%417,126$3M72
011BAYN.DEBayer AG3.39%58,454$3M133
012FME.DEFresenius Medical Care AG3.34%71,459$3M109
013HOT.DEHochtief AG3.33%6,977$3M99
014LHA.DEDeutsche Lufthansa AG3.23%353,369$3M93
015FRE.DEFresenius SE & Co. KGaA2.94%53,098$3M102

Showing 1–15 of 42 holdings

FGM Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

FGM$10,973
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. FGM $10,973. SPY $11,723. Use the arrow keys to read each point.$9,323$10,832$12,340Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FGM. Periods over one year show the average yearly return.
PeriodFGM
Year to date+1.4%
1 month−1.8%
3 months−2.8%
1 year+9.7%
3 years+21.7%per year
5 years+4.7%per year
10 years+7.5%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FGM
YearReturn barFGM
2026 YTD+1.4%
2025+63.6%
2024+1.4%
2023+13.3%
2022−30.5%
2021+6.1%
2020+17.2%

FGM in the news

ETF.net Research hasn’t filed on FGM yet — coverage lands here as it’s written.

FGM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.41%Last 12 months
Payout per share
$0.88Last 12 months
Last payment
$0.84 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 27 payments from 2017 to 2026 YTD. Mar 23, 2017 $0.04; Jun 22, 2017 $0.58; Sep 21, 2017 $0.46; Mar 22, 2018 $0.0017; Jun 21, 2018 $0.68; Sep 14, 2018 $0.14; Jun 14, 2019 $0.80; Sep 25, 2019 $0.16; Dec 13, 2019 $0.06; Jun 25, 2020 $0.26; Sep 24, 2020 $0.14; Dec 24, 2020 $0.29; Jun 24, 2021 $0.54; Sep 23, 2021 $0.06; Dec 23, 2021 $0.17; Mar 25, 2022 $0.15; Jun 24, 2022 $1.15; Sep 23, 2022 $0.42; Dec 23, 2022 $0.20; Jun 27, 2023 $0.70; Dec 22, 2023 $0.40; Mar 21, 2024 $0.15; Jun 27, 2024 $0.80; Dec 13, 2024 $0.03; Jun 26, 2025 $0.38; Dec 12, 2025 $0.04; Jun 25, 2026 $0.84. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 25, 2026Jun 30, 2026$0.84
Dec 12, 2025Dec 31, 2025$0.04
Jun 26, 2025Jun 30, 2025$0.38
Dec 13, 2024Dec 31, 2024$0.03
Jun 27, 2024Jun 28, 2024$0.80
Mar 21, 2024Data unavailable$0.15
Dec 22, 2023Dec 29, 2023$0.40
Jun 27, 2023Jun 30, 2023$0.70
Dec 23, 2022Dec 30, 2022$0.20
Sep 23, 2022Sep 30, 2022$0.42
Jun 24, 2022Jun 30, 2022$1.15
Mar 25, 2022Mar 31, 2022$0.15

FGM Risk

How much the fund’s monthly returns vary, scaled to a year.
18.6%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.87
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−48.6%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.16
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FGM Cost

Expense ratio0.80%
  • The middle half of Europe Region funds
  • Median 0.51%

10 of the 12 Europe Region funds charge less.

FGM costs $80.00 a year on $10,000. The median Europe Region fund costs $50.50.