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



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Upturn Advisory Summary
08/14/2025: FPA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit -18.43% | Avg. Invested days 38 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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Key Highlights
Volume (30-day avg) - | Beta 1.31 | 52 Weeks Range 23.96 - 38.30 | Updated Date 06/29/2025 |
52 Weeks Range 23.96 - 38.30 | Updated Date 06/29/2025 |
Upturn AI SWOT
First Trust Asia Pacific Ex-Japan AlphaDEX® Fund
ETF Overview
Overview
The First Trust Asia Pacific Ex-Japan AlphaDEXu00ae Fund (FPA) is an ETF that seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ AlphaDEXu00ae Asia Pacific ex-Japan Index. The fund focuses on companies in the Asia Pacific region, excluding Japan, and uses an AlphaDEXu00ae methodology to select and weight securities. This aims to identify stocks with superior risk-adjusted returns.
Reputation and Reliability
First Trust is a well-established ETF provider with a good reputation and a broad range of investment products.
Management Expertise
First Trust has a dedicated team of portfolio managers and analysts with experience in managing ETFs and implementing quantitative investment strategies.
Investment Objective
Goal
The fund seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the NASDAQ AlphaDEXu00ae Asia Pacific ex-Japan Index.
Investment Approach and Strategy
Strategy: The ETF uses a quantitative, rules-based methodology known as AlphaDEXu00ae to select and weight stocks based on growth and value factors.
Composition The ETF holds primarily common stocks of companies located in the Asia Pacific region (excluding Japan).
Market Position
Market Share: Data unavailable.
Total Net Assets (AUM): 114744678.82
Competitors
Key Competitors
- iShares MSCI All Country Asia ex Japan ETF (AAXJ)
- Vanguard FTSE Emerging Markets ETF (VWO)
- Schwab Emerging Markets Equity ETF (SCHE)
Competitive Landscape
The competitive landscape is composed of ETFs providing exposure to the Asia Pacific ex-Japan region or emerging markets. FPA distinguishes itself through its AlphaDEXu00ae methodology, which may lead to different returns than market-cap weighted ETFs. Advantages include potential for outperformance; disadvantages are the complexity and potentially higher turnover.
Financial Performance
Historical Performance: Historical performance data unavailable.
Benchmark Comparison: Benchmark comparison data unavailable.
Expense Ratio: 0.8
Liquidity
Average Trading Volume
The average daily trading volume for FPA indicates relatively moderate liquidity, which is important for trading efficiency.
Bid-Ask Spread
The bid-ask spread reflects the cost of trading the ETF, where a narrower spread indicates lower transaction costs.
Market Dynamics
Market Environment Factors
Economic growth in Asia Pacific, trade policies, and currency fluctuations are some of the major factors influencing FPA's performance.
Growth Trajectory
The growth trajectory of FPA depends on the performance of the Asia Pacific ex-Japan equity markets and the effectiveness of its AlphaDEXu00ae strategy. The holdings and sector allocations can change based on the model's output.
Moat and Competitive Advantages
Competitive Edge
FPA's competitive edge lies in its proprietary AlphaDEXu00ae methodology, a quantitative approach designed to select stocks with the potential for outperformance. This active selection process aims to identify undervalued companies with strong growth prospects, potentially generating higher returns than passive, market-cap-weighted indices. The focus on growth and value factors provides a differentiated investment approach. This rules-based system may appeal to investors seeking a systematic approach to Asian equity investing.
Risk Analysis
Volatility
Volatility data unavailable.
Market Risk
The ETF is exposed to market risk associated with equity investments in the Asia Pacific ex-Japan region, including economic downturns, political instability, and regulatory changes.
Investor Profile
Ideal Investor Profile
The ideal investor for FPA is one seeking exposure to the Asia Pacific ex-Japan equity market with a preference for a quantitative, actively managed strategy. Investors should have a moderate to high risk tolerance.
Market Risk
FPA may be suitable for long-term investors seeking diversification and potential outperformance in the Asia Pacific ex-Japan equity market. It may also appeal to active traders who utilize quantitative strategies.
Summary
The First Trust Asia Pacific Ex-Japan AlphaDEXu00ae Fund (FPA) offers exposure to the Asia Pacific ex-Japan equity market through a quantitative, rules-based approach. Its AlphaDEXu00ae methodology aims to select stocks with superior risk-adjusted returns. The ETF is exposed to market risks, but also provides the potential for outperformance compared to market-cap weighted ETFs. Investors should consider their risk tolerance and investment objectives before investing in FPA.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market share data may not be available in real-time. Past performance is not indicative of future results. Consult with a financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Asia Pacific Ex-Japan AlphaDEX® Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select stocks from the NASDAQ Asia Pacific Ex-Japan Index that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.

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