FEP
First Trust Europe AlphaDEX Fund
First Trust Europe AlphaDEX Fund seeks investment results that correspond to the Defined Europe Index.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 488.5 M
ASSETS UNDER MGMT
80 bp
EXPENSES
Fund Basics
| Inception date | Apr 18, 2011 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| VAR ENERGI ASA | 1.0 % |
| TELEPERFORMANCE | 1.0 % |
| JD SPORTS FASHION PLC | 1.0 % |
| SPORTS DIRECT INTERNATIONAL | 0.9 % |
| SHELL PLC | 0.9 % |
| SOFINA | 0.9 % |
| INDRA SISTEMAS SA | 0.9 % |
| BASF SE | 0.9 % |
| LEGAL & GENERAL GROUP PLC | 0.9 % |
| ISS A/S | 0.9 % |
Constituent Breakdown
| Number of holdings | 209 |
| Herfindahl-Hirschman Index | 61 |
| Wgt avg mkt cap (mns) | $25,337 |
| Large cap (>$10bn) | 52.9% |
| Mid cap ($2-10bn) | 44.6% |
| Small cap (<$2bn) | 0.5% |
| Developed mkts. | 99.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
BRITAIN | 21.2 % |
 |
GERMANY | 11.3 % |
 |
FRANCE | 10.7 % |
 |
NETHERLANDS | 7.1 % |
 |
SWEDEN | 6.4 % |
 |
NORWAY | 5.7 % |
 |
ITALY | 5.4 % |
 |
BELGIUM | 5.4 % |
 |
DENMARK | 4.9 % |
 |
SPAIN | 4.5 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.9% | 10.2% | 20.4% | 19.6% | 6.1% | 6.7% | -- | 4.0% |
| Dividend Yield | 2.2% | 3.5% | 4.0% | 4.5% | 4.0% | 3.2% | -- | 2.9% |
| Total Returns | 7.2% | 13.7% | 24.4% | 24.1% | 10.1% | 9.9% | -- | 6.9% | Ann. Volatility | 18.4% | 17.0% | 18.0% | 17.2% | 19.6% | 20.2% | -- | 21.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.93 | 50% |
| MSCI EAFE | 1.00 | 86% |
| MSCI Emg Mkts | 0.50 | 54% |
Liquidity Measures
| Avg. volume (000) | 29 |
| ADV traded (mns) | $2 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.59% |
Technical Indicators
| 30d moving avg. (EMA) | $56.84 |
| Relative strength (RSI) | 42 |
| MACD/Signal | -0.52/-0.61 |
| Bollinger Bands (Upper/Lower) | $57.26/$55.04 |
| Short interest (% of AUM) | 0.4% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FEP |
Expenses vs. FEP |
ALTAR Score™ vs. FEP |
|---|---|---|---|---|
| FEUZ | First Trust Eurozone AlphaDEX ETF | 56.8% | 0 bp | 0.0% |
| FDT | First Trust Developed Markets ex-US AlphaDEX Fund | 29.8% | 0 bp | +1.1% |
| GSEU | Goldman Sachs ActiveBeta Europe Equity ETF | 25.7% | -55 bp | -1.2% |
| UIVM | VictoryShares International Value Momentum ETF | 21.7% | -41 bp | +1.1% |
| FKU | First Trust United Kingdom AlphaDEX Fund | 20.0% | 0 bp | -0.1% |
| JPIN | J.P. Morgan Diversified Return International Equity ETF | 19.7% | -43 bp | 0.0% |
| IVLU | iShares MSCI Intl Value Factor ETF | 19.6% | -49 bp | +1.0% |
| DWMF | WisdomTree International Multifactor Fund | 19.4% | -42 bp | -1.0% |
| IEUR | iShares Core MSCI Europe ETF | 19.1% | -70 bp | -1.1% |
| SPEU | SPDR Portfolio Europe ETF | 18.9% | -73 bp | -1.0% |
Risk and Returns: FEP vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 10/31/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
8.2%
ALTAR SCORE™
86th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 425 funds in the International Equity category with an average
ALTAR Score™ of 6.6% and a standard deviation
of 1.5%. FEP's ALTAR Score™ is approximately 1.1 standard
deviations above the category average. This places FEP in the 86th percentile
among funds in the category.
Sell-Side Consensus
$65.01
PRICE TARGET
+15.1%
UPSIDE