First Trust Asia Pacific Ex-Japan AlphaDEX® Fund (FPA)

Overview

The First Trust Asia Pacific Ex-Japan AlphaDEXu00ae Fund (FPA) seeks investment results that correspond generally to the price and yield of the NASDAQ AlphaDEXu00ae Asia Pacific ex-Japan Index. The fund employs a value-driven, fundamentally weighted strategy targeting companies in the Asia Pacific region, excluding Japan.

Reputation and Reliability

First Trust is a well-established ETF provider with a solid reputation for innovation and diverse product offerings.

Management Expertise

First Trust Advisors L.P. has extensive experience in managing ETFs, employing quantitative strategies, and offering innovative investment solutions.

Goal

The fund seeks investment results that correspond generally to the price and yield of the NASDAQ AlphaDEXu00ae Asia Pacific ex-Japan Index.

Investment Approach and Strategy

Strategy: The fund utilizes the AlphaDEXu00ae methodology, which selects and weights stocks based on growth factors, such as sales growth, price appreciation, and momentum, and value factors, such as book value to price, cash flow to price, and return on assets.

Composition The ETF primarily holds stocks of companies located in the Asia Pacific region, excluding Japan. It focuses on fundamentally strong companies with growth and value characteristics.

Market Share: Insufficient information available to accurately calculate market share.

Total Net Assets (AUM): 94950000

Key Competitors

• iShares MSCI Pacific ex-Japan ETF (EPP)
• Vanguard FTSE Pacific ex Japan ETF (VPL)
• SPDR Portfolio Developed World ex-US ETF (SPDW)

Competitive Landscape

The competitive landscape consists of broad Asia Pacific ex-Japan ETFs and those with a value or smart beta focus. FPA's AlphaDEXu00ae methodology offers a differentiated approach compared to traditional market-cap weighted ETFs. However, its smaller AUM may affect liquidity and visibility compared to larger, more established competitors.

Historical Performance: Historical performance data is needed to complete this section.

Benchmark Comparison: Benchmark data is needed to make a comparison.

Expense Ratio: 0.008

Average Trading Volume

Average trading volume data is needed to complete this section.

Bid-Ask Spread

Bid-ask spread data is needed to complete this section.

Market Environment Factors

Economic growth in the Asia Pacific region, trade policies, interest rate fluctuations, and geopolitical events all influence FPA's performance.

Growth Trajectory

Growth trajectory relies on the economic health of the Asia Pacific region, successful stock selection using the AlphaDEX methodology, and investor appetite for value-oriented international ETFs. Changes to sector allocations and holdings reflect adaptation to the market environment.

Competitive Edge

FPA's competitive edge lies in its AlphaDEXu00ae methodology, which selects stocks based on a combination of growth and value factors. This fundamentally driven approach aims to identify companies with strong potential for outperformance. The fund's rules-based approach provides transparency and consistency. However, the fund's smaller size could limit its attractiveness compared to larger competitors.

Volatility

Volatility data is needed to complete this section.

Market Risk

FPA is exposed to market risk inherent in equity investments, particularly in the Asia Pacific region. Specific risks include economic downturns in individual countries, currency fluctuations, political instability, and regulatory changes.

Ideal Investor Profile

The ideal investor for FPA is one seeking exposure to the Asia Pacific ex-Japan region with a preference for a value-oriented, fundamentally driven investment strategy. Investors should have a long-term investment horizon and a moderate risk tolerance.

Market Risk

FPA is suitable for long-term investors seeking diversified exposure to Asia Pacific equities and who believe in the potential of a fundamentally weighted approach. It is not ideal for active traders seeking short-term gains due to its relatively lower liquidity.

The First Trust Asia Pacific Ex-Japan AlphaDEXu00ae Fund (FPA) offers a unique, fundamentally driven approach to investing in the Asia Pacific region, excluding Japan. Its AlphaDEXu00ae methodology selects stocks based on growth and value factors, providing a differentiated alternative to traditional market-cap weighted ETFs. While the fund's AUM is relatively small, it can be a useful addition to a diversified portfolio for investors with a long-term investment horizon. However, investors should carefully consider the fund's liquidity and expense ratio before investing.

Data Sources:

• First Trust Website
• ETF.com
• Morningstar

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share data may be estimated.