First Trust International Etf Profile
| FPXI Etf | USD 44.16 0.16 0.36% |
Performance7 of 100
| Odds Of DistressLess than 9
|
First Trust is trading at 44.16 as of the 19th of April 2024. This is a -0.36 percent decrease since the beginning of the trading day. The etf's open price was 44.32. First Trust has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for First Trust International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks and depositary receipts that comprise the index. FT Intl is traded on NASDAQ Exchange in the United States. More on First Trust International
Moving together with First Etf
| 0.92 | EFG | iShares MSCI EAFE | PairCorr |
| 0.78 | VIGI | Vanguard International | PairCorr |
| 0.94 | IHDG | WisdomTree International | PairCorr |
| 0.95 | IMTM | iShares MSCI Intl | PairCorr |
| 0.93 | CGXU | Capital Group Intern | PairCorr |
| 0.94 | DNL | WisdomTree Global | PairCorr |
Moving against First Etf
| 0.84 | FNGD | MicroSectors FANG Index | PairCorr |
| 0.72 | HUM | Humana Inc Earnings Call This Week | PairCorr |
First Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Strategy ETFs (View all Themes) |
| Business Concentration | Strategy ETFs, Foreign Large Growth, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2014-11-04 |
| Benchmark | IPOX International Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 152.29 Million |
| Average Trading Valume | 14,216.4 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Alpha-Seeking |
| Market Concentration | Blended Development |
| Region | Global ex-U.S. |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Daniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Sep |
| Exchange | NASDAQ |
| Number of Constituents | 50.0 |
| Market Maker | Citadel |
| Total Expense | 0.7 |
| Management Fee | 0.7 |
| Country Name | USA |
| Returns Y T D | 4.52 |
| Name | First Trust International Equity Opportunities ETF |
| Currency Code | USD |
| Open Figi | BBG007DJGS54 |
| In Threey Volatility | 21.38 |
| 1y Volatility | 22.49 |
| 200 Day M A | 41.5853 |
| 50 Day M A | 45.6168 |
| Code | FPXI |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
First Trust International [FPXI] is traded in USA and was established 2014-11-04. The fund is listed under Foreign Large Growth category and is part of First Trust family. The entity is thematically classified as Strategy ETFs. First Trust International currently have 321.41 M in assets under management (AUM). , while the total return for the last 3 years was -12.7%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust International Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
First Trust International Currency Exposure
First Trust International holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of First Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in First Trust International.
Top First Trust International Etf Constituents
| JD | JD Inc Adr | Stock | Consumer Discretionary |
| CHVKF | China Vanke Co | Pink Sheet | Real Estate—Development |
| TEAM | Atlassian Corp Plc | Stock | Information Technology |
| RACE | Ferrari NV | Stock | Consumer Discretionary |
| DOGEF | Orsted AS | Pink Sheet | Utilities—Renewable |
| YUMC | Yum China Holdings | Stock | Consumer Discretionary |
| BILI | Bilibili | Stock | Communication Services |
First Trust Target Price Odds Analysis
Coming from a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is about 61.16%. The First Trust International probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.2673. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First Trust will likely underperform. Additionally, first Trust International has an alpha of 0.0042, implying that it can generate a 0.004206 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is about 61.16 (This First Trust International probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .
First Trust International Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0556 | |||
| Jensen Alpha | 0.0042 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0202 |
First Trust Against Markets
Picking the right benchmark for First Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Trust is critical whether you are bullish or bearish towards First Trust International at a given time. Please also check how First Trust's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy First Etf?
Before investing in First Trust, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Trust. To buy First Trust etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Trust. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Trust etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Trust International etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Trust International etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as First Trust International, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Etf please use our How to Invest in First Trust guide.
Already Invested in First Trust International?
The danger of trading First Trust International is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Trust. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Trust International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust International Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust International Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust International. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of First Trust International is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.