First Trust Asia Pacific ex-Japan AlphaDEX Fund
$47.11−0.07 (−0.14%)
- 0.80%
- $120M
- +35.9%
- 4.11%
- 0M sh
- $48.81
- low $36.23high $58.89
The ETF.net FPA Grade
F
Score 17 out of 100
- 29 of 30
Score 17 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F9 out of 100Rank 26 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F19 out of 100Rank 29 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F21 out of 100Rank 27 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F20 out of 100Rank 30 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C49 out of 100Rank 19 of 30
Our read on FPA
FA rare cut of the map: developed Asia-Pacific with Japan left out, run through First Trust's AlphaDEX growth-and-value screen instead of plain market-cap weighting. About 100 names, live since 2011.
The fund seeks before-fee results that generally track the price and yield of the Nasdaq AlphaDEX Asia Pacific Ex-Japan Index. The index uses Nasdaq's AlphaDEX methodology to select stocks from the developed-markets Asia-Pacific universe excluding Japan.
Why people hold it
- Narrow mandate most rivals don't offer: developed Asia-Pacific excluding Japan, while the top-scoring funds in its peer group spread across broad international baskets.ftportfolios.com
- AlphaDEX ranks the universe on growth and value factors and holds the stocks that score best, so index membership isn't just a function of company size.ftportfolios.com
- Fully rules-based and running since 2011: roughly 100 stocks, quarterly distributions, no manager discretion over what makes the cut.
Worth knowing
- At 0.80% a year it costs well more than double the typical international multifactor ETF. Peers like INTF (0.16%) and GSIE (0.25%) run factor screens for a fraction of that.
- Thinly traded and small by category standards, so spreads can run wider and larger orders can push the price around more than in the group's heavyweights.
- On the things that compound quietly (fee drag, trading friction), it sits in the weaker tier of the international multifactor group rather than near the front.
FPA Holdings
- Stocks
- 104
- 26%
- 009150.KS
Sectors
- Industrials35.0%
- Technology22.8%
- Financials9.7%
- Consumer Discretionary7.0%
- Energy6.4%
- Real Estate6.3%
- Utilities5.1%
- Materials4.1%
- Consumer Staples2.9%
- Health Care0.9%
Geography
- South Korea59.50%
- Hong Kong22.74%
- Australia10.04%
- Singapore5.70%
- Taiwan0.98%
- China0.73%
- Bermuda0.30%
Developed 38% · Emerging 62%
FPA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FPA$13,585
Returns run to the Oct 12, 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.
| Period | FPA |
|---|---|
| Year to date | +28.8% |
| 1 month | −6.6% |
| 3 months | −3.6% |
| 1 year | +35.9% |
| 3 years | +28.3% |
| 5 years | +12.6% |
| 10 years | +8.5% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FPA |
|---|---|---|
| 2026 YTD | +28.8% | |
| 2025 | +43.2% | |
| 2024 | +3.9% | |
| 2023 | +9.9% | |
| 2022 | −14.6% | |
| 2021 | +3.0% | |
| 2020 | +13.4% |
FPA in the news
FPA Dividends
- 4.11%
- $1.94
- $0.37 per share
- Quarterly
Distribution history
FPA Risk
- 26.8%
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.
- 0.94
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.
- −28.3%
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.
- 1.60
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FPA Cost
0.80%
FPA0.80%
- The middle half of International Multifactor funds
- Median 0.35%
25 of the 30 International Multifactor funds charge less.
Other funds in International Multifactor
- DFEPFirst Trust Europe AlphaDEX FundExpense ratio 0.80%1 year return +13.8%
- DIFLOVictoryShares International Free Cash Flow ETFExpense ratio 1.05%1 year return +34.6%
- DOEFAALPS O'Shares International Developed Quality Dividend ETFExpense ratio 0.48%1 year return +7.3%
- DFEUZFirst Trust Eurozone AlphaDEX ETFExpense ratio 0.80%1 year return +11.3%
- FPIELPacer International Export Leaders ETFExpense ratio 0.60%1 year return —