First Trust IPOX Europe Equity Opportunities ETF
$32.80−0.83 (−2.47%)
- Expense ratio
- 0.70%
- Fund size
- $5M
- 1Y return
- +5.5%
- Yield · Last 12 months
- 1.42%
- Holdings
- 101
- Volume · 30D
- 0M sh
- NAV per share
- $33.38
- 52W range
The ETF.net FPXE Grade
Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 47Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 59Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 18Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 52Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 32Category rank
Our read on FPXE
CEurope's IPO class in one ticker. FPXE tracks the IPOX 100 Europe Index: a rules-based basket of recent European listings and spin-offs, no deal-picking. It's the Europe-only seat in First Trust's new-listings lineup.
The Fund seeks investment results that generally track the price and yield of the IPOX® 100 Europe Index before fees and expenses. It normally invests at least 90% of net assets in common stocks and depositary receipts in that Index.
Why people hold it
- The Europe-dedicated member of First Trust's new-listings family: FPX takes the US, FPXI goes international, FPXE keeps the map to Europe.ftportfolios.com
- Rules over hunches: it aims to track the IPOX 100 Europe Index and normally keeps at least 90% of net assets in that index's common stocks and depositary receipts.ftportfolios.com
- Roughly 100 names, so no single new listing carries the portfolio. That's a wide net for a theme that usually lives or dies on a handful of deals.
- Live since 2018, so there's a multi-year record to examine instead of a fresh-launch guess.
Worth knowing
- At 0.70% a year, it sits at the category median but above rivals such as FPX (0.57%), IPO (0.60%) and CSD (0.67%).
- A small asset base and light trading volume, so spreads tend to be wider than on headline ETFs and large orders can move the price.
- Distributions land once or twice a year, so this is a growth-shaped basket rather than a steady income line.
FPXE Holdings
- Stocks
- 101
- 52%
- ROP.SW
Sectors
- Industrials19.5%
- Health Care17.4%
- Financials15.5%
- Technology15.5%
- Consumer Discr.11.9%
- Materials9.0%
- Energy4.4%
- Communication2.3%
- Cons. Staples2.3%
- Utilities1.5%
- Real Estate0.7%
Geography
- Italy17.54%
- United Kingdom14.84%
- Sweden13.81%
- Switzerland12.39%
- Austria10.09%
- Denmark5.64%
- Germany3.78%
- Norway3.77%
- 18.14%
Developed 94% · Emerging 6%
FPXE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | FPXE |
|---|---|
| Year to date | +8.1% |
| 1 month | −1.0% |
| 3 months | −6.3% |
| 1 year | +5.5% |
| 3 years | +19.4% |
| 5 years | +2.5% |
| 10 years | — |
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 | FPXE |
|---|---|---|
| 2026 YTD | +8.1% | |
| 2025 | +24.5% | |
| 2024 | +16.3% | |
| 2023 | +14.4% | |
| 2022 | −35.2% | |
| 2021 | +9.0% | |
| 2020 | +35.0% |
FPXE in the news
ETF.net Research hasn’t filed on FPXE yet — coverage lands here as it’s written.
FPXE Dividends
- 1.42%
- $0.48
- $0.38 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.38 |
| Dec 12, 2025 | Dec 31, 2025 | $0.10 |
| Jun 26, 2025 | Jun 30, 2025 | $0.26 |
| Dec 13, 2024 | Dec 31, 2024 | $0.13 |
| Jun 27, 2024 | Jun 28, 2024 | $0.35 |
| Mar 21, 2024 | Mar 28, 2024 | $0.06 |
| Dec 22, 2023 | Dec 29, 2023 | $0.18 |
| Sep 22, 2023 | Sep 29, 2023 | $0.06 |
| Jun 27, 2023 | Jun 30, 2023 | $0.21 |
| Dec 23, 2022 | Dec 30, 2022 | $0.03 |
| Sep 23, 2022 | Sep 30, 2022 | $0.09 |
| Jun 24, 2022 | Jun 30, 2022 | $0.24 |
FPXE Risk
- 16.3%
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.
- 0.79
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.
- −48.9%
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.
- 0.98
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FPXE Cost
- The middle half of IPO & Spin-Off funds
- Median 0.70%
3 of the 8 IPO & Spin-Off funds charge less.