First Trust International Equity Opportunities ETF
$69.09−1.13 (−1.61%)
- Expense ratio
- 0.70%
- Fund size
- $290M
- 1Y return
- +17.4%
- Yield · Last 12 months
- 0.66%
- Holdings
- 51
- Volume · 30D
- 0M sh
- NAV per share
- $69.86
- 52W range
The ETF.net FPXI Grade
Score 53 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.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.CScore 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 61Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 61Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 74Category rank
Our read on FPXI
CThe IPO trade, minus America. FPXI tracks the IPOX International Index, so recently listed companies from Europe and Asia arrive in one ticker instead of a brokerage scavenger hunt across foreign exchanges.
The fund seeks to track, before fees and expenses, the price and yield performance of the IPOX® International Index.
Why people hold it
- The overseas seat in a corner of the market that is mostly US-focused: its peer shelf is dominated by American IPO and spin-off funds, while this one buys newly public names listed abroad.
- Rules-based, not a stock-picking hunch. An index decides which new listings go in and when they age out, so you are not tracking foreign IPO calendars yourself.
- Launched in 2014, so it has run through several very different IPO cycles, and it carries enough assets and daily volume to be a workable trade rather than a ghost ticker.
- Sits in the upper half of the IPO and spin-off group overall, helped by how smoothly it trades for a fund holding non-US stocks. Pays quarterly.
Worth knowing
- 0.70% a year is the median price in this niche, but it runs above the fund's US-focused sibling FPX at 0.57%, and it is a thematic-fund fee, not an index-fund fee.
- About 60 stocks, all recently public. Individual names carry real weight, and freshly listed companies tend to move harder in both directions than seasoned large caps.
- Independent data on how closely the fund has hugged the IPOX International Index is thin, so its index fidelity is harder to verify than for mainstream benchmarks.
FPXI Holdings
- Other
- 51
- 47%
- 6857.T
Sectors
- Technology34.8%
- Industrials21.1%
- Health Care10.1%
- Materials8.8%
- Financials7.6%
- Consumer Discr.7.3%
- Energy5.0%
- Cons. Staples3.0%
- Communication1.5%
- Utilities0.7%
Geography
- Japan24.45%
- China20.44%
- Canada8.03%
- United Kingdom7.90%
- Italy5.95%
- Brazil4.13%
- Australia4.09%
- United States3.71%
- 21.29%
Developed 68% · Emerging 32%
FPXI 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 | FPXI |
|---|---|
| Year to date | +19.3% |
| 1 month | −3.0% |
| 3 months | −18.4% |
| 1 year | +17.4% |
| 3 years | +23.1% |
| 5 years | +1.8% |
| 10 years | +10.6% |
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 | FPXI |
|---|---|---|
| 2026 YTD | +19.3% | |
| 2025 | +26.4% | |
| 2024 | +12.6% | |
| 2023 | +9.6% | |
| 2022 | −31.8% | |
| 2021 | −15.7% | |
| 2020 | +71.5% |
FPXI in the news
ETF.net Research hasn’t filed on FPXI yet — coverage lands here as it’s written.
FPXI Dividends
- 0.66%
- $0.46
- $0.34 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.34 |
| Mar 26, 2026 | Mar 31, 2026 | $0.05 |
| Dec 12, 2025 | Dec 31, 2025 | $0.07 |
| Jun 26, 2025 | Jun 30, 2025 | $0.35 |
| Dec 13, 2024 | Dec 31, 2024 | $0.09 |
| Sep 26, 2024 | Sep 30, 2024 | $0.04 |
| Jun 27, 2024 | Jun 28, 2024 | $0.30 |
| Dec 22, 2023 | Dec 29, 2023 | $0.09 |
| Sep 22, 2023 | Sep 29, 2023 | $0.07 |
| Jun 27, 2023 | Jun 30, 2023 | $0.14 |
| Mar 24, 2023 | Mar 31, 2023 | $0.0046 |
| Dec 23, 2022 | Dec 30, 2022 | $0.12 |
FPXI Risk
- 23.1%
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.
- 0.75
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.
- −49.2%
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.
- 1.13
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FPXI Cost
- The middle half of IPO & Spin-Off funds
- Median 0.70%
3 of the 8 IPO & Spin-Off funds charge less.