FJP
First Trust Japan AlphaDEX Fund
First Trust Japan AlphaDEX Fund seeks investment results that correspond to the Defined Japan Index.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
208.2 M
ASSETS UNDER MGMT
80 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust Advisors LP |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 18, 2011 |
| Assets (mns) | $208 |
| Expense ratio | 80 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| FUJIKURA LTD | 3.0 % |
| KANDENKO CO LTD | 2.0 % |
| INPEX CORP | 2.0 % |
| KANSAI ELECTRIC POWER CO INC | 1.9 % |
| TAISEI CORP | 1.9 % |
| IHI CORP | 1.9 % |
| KAJIMA CORP | 1.9 % |
| FUJI HEAVY INDUSTRIES LTD | 1.8 % |
| CENTRAL JAPAN RAILWAY CO | 1.8 % |
| SUZUKI MOTOR CORP | 1.8 % |
Constituent Breakdown
| Number of holdings | 102 |
| Herfindahl-Hirschman Index | 128 |
| Wgt avg mkt cap (mns) | $17,872 |
| Large cap (>$10bn) | 49.2% |
| Mid cap ($2-10bn) | 48.0% |
| Small cap (<$2bn) | 0.3% |
| Developed mkts. | 97.2% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
JAPAN | 96.7 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 28.4% | 28.4% | 17.5% | 20.7% | 7.4% | 3.3% | -- | 3.3% |
| Dividend Yield | 1.0% | 3.4% | 3.6% | 3.2% | 2.7% | 2.2% | -- | 1.8% |
| Total Returns | 29.5% | 31.8% | 21.1% | 23.9% | 10.1% | 5.5% | -- | 5.1% | Ann. Volatility | 21.8% | 21.2% | 21.0% | 20.2% | 19.7% | 18.8% | -- | 18.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.63 | 38% |
| MSCI EAFE | 0.55 | 37% |
| MSCI Emg Mkts | 0.49 | 35% |
Liquidity Measures
| Avg. volume (000) | 9 |
| ADV traded (mns) | $1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 1.55% |
Technical Indicators
| Recent close | $68.27 |
| 30d moving avg. | $65.65 |
| Annualized volatility | 13.3% |
| Relative strength (RSI) | 59 |
| Short interest | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| GSJY | Goldman Sachs ActiveBeta Japan Equity ETF | 29.7% | -55 bp | +6.1% |
| JPXN | iShares JPX-Nikkei 400 ETF | 25.7% | -32 bp | +6.2% |
| FDT | First Trust Developed Markets ex-US AlphaDEX Fund | 24.0% | 0 bp | +8.5% |
| EWJV | iShares MSCI Japan Value ETF | 23.7% | -65 bp | +7.9% |
| BBJP | JPMorgan BetaBuilders Japan ETF | 23.7% | -61 bp | +6.0% |
| FLJP | Franklin FTSE Japan ETF | 23.6% | -71 bp | +5.7% |
| FLJH | Franklin FTSE Japan Hedged ETF | 23.5% | -71 bp | +5.7% |
| DXJ | WisdomTree Japan Hedged Equity Fund | 23.0% | -32 bp | +6.6% |
| EWJ | iShares MSCI Japan ETF | 22.5% | -30 bp | +5.5% |
| DBJP | Xtrackers MSCI Japan Hedged Equity ETF | 22.4% | -33 bp | +5.6% |
Risk and Returns: FJP 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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | |
| 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 11/15/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
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
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
FJP
8.1%
Cat. Avg
6.8%
ALTAR Score™ Calculation
Category Overview
There are 265 funds in the International Equity category, with an average ALTAR Score™
of 6.8% and a standard deviation of
1.7%. FJP's ALTAR Score™ is approximately
0.8 standard deviations
above
the category average. This places FJP in the 79th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FJPSELL
U/W
HOLD
O/W
BUY