---
ticker: "FPX"
name: "First Trust US Equity Opportunities ETF"
url: "https://etf.net/etf/FPX"
grade: "A"
score: 77
graded_at: "2026-10-12"
category: "IPO & Spin-Off"
category_rank: "1 of 8"
methodology: "https://etf.net/methodology"
---

# FPX: First Trust US Equity Opportunities ETF

Grade **A**, Score 77 of 100. Rank 1 of 8 in IPO & Spin-Off.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 88 | 1 of 8 |
| Mission | 26 | 1 of 1 |
| Risk | 50 | 5 of 8 |
| Tradability | 87 | 1 of 8 |
| Holdings | 69 | 1 of 7 |
| Durability | 84 | 1 of 8 |

## Top holdings

The fund holds 100 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | SPCX | Space Exploration Technologies Corp. (Class A) | 9.64% |
| 2 | GEV | GE Vernova Inc. | 7.88% |
| 3 | LLY | Eli Lilly and Company | 7.27% |
| 4 | SNDK | Sandisk Corporation | 6.32% |
| 5 | STX | Seagate Technology Holdings Plc | 4.66% |
| 6 | DINO | HF Sinclair Corp. | 3.29% |
| 7 | LITE | Lumentum Holdings Inc. | 3.24% |
| 8 | TWLO | Twilio Inc. (Class A) | 2.18% |
| 9 | CPAY | Corpay, Inc. | 2.00% |
| 10 | GS | The Goldman Sachs Group, Inc. | 1.77% |
| 11 | U | Unity Software Inc. | 1.69% |
| 12 | DASH | DoorDash, Inc. (Class A) | 1.67% |
| 13 | HONA | Honeywell Aerospace Inc. | 1.57% |
| 14 | DAVE | Dave Inc. (Class A) | 1.54% |
| 15 | ROIV | Roivant Sciences Ltd. | 1.40% |
| 16 | AHR | American Healthcare REIT, Inc. | 1.36% |
| 17 | VTR | Ventas, Inc. | 1.29% |
| 18 | INGM | Ingram Micro Holding Corporation | 1.26% |
| 19 | BTSG | BrightSpring Health Services, Inc. | 1.24% |
| 20 | HG | Hamilton Insurance Group, Ltd. (Class B) | 1.23% |
| 21 | NIC | Nicolet Bankshares, Inc. | 1.21% |
| 22 | VSAT | ViaSat, Inc. | 1.19% |
| 23 | SJM | The J.M. Smucker Company | 1.19% |
| 24 | RPRX | Royalty Pharma Plc (Class A) | 1.18% |
| 25 | RVMD | Revolution Medicines, Inc. | 1.15% |
| 26 | MMED | Minimed Group, Inc. | 1.09% |
| 27 | ACT | Enact Holdings, Inc. | 1.05% |
| 28 | MDLN | Medline Inc. (Class A) | 1.04% |
| 29 | CR | Crane Company | 1.03% |
| 30 | RDDT | Reddit, Inc. (Class A) | 1.01% |

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