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Upturn AI SWOT - About
First Trust US Equity Opportunities ETF (FPX)
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Upturn Advisory Summary
07/01/2025: FPX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $0
1 Year Target Price $0
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type ETF | Historic Profit 30.08% | Avg. Invested days 45 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 07/01/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.28 | 52 Weeks Range 88.61 - 144.66 | Updated Date 06/29/2025 |
52 Weeks Range 88.61 - 144.66 | Updated Date 06/29/2025 |
Upturn AI SWOT
First Trust US Equity Opportunities ETF
ETF Overview
Overview
The First Trust US Equity Opportunities ETF (FPX) seeks long-term growth by investing in IPOs and spin-offs, targeting companies with the potential for significant appreciation shortly after entering the public market. This approach can offer diversification and access to emerging growth stories.
Reputation and Reliability
First Trust is a well-established ETF provider known for innovative and thematic investment strategies.
Management Expertise
First Trust has a dedicated team with expertise in managing equity ETFs and specifically identifying and analyzing IPOs and spin-offs.
Investment Objective
Goal
To seek long-term growth by investing in IPOs and spin-offs.
Investment Approach and Strategy
Strategy: FPX does not track a specific index. It employs a fundamental, actively managed approach to select IPOs and spin-offs.
Composition The ETF primarily holds common stock of newly public companies and companies spun off from existing corporations.
Market Position
Market Share: FPX's market share is relatively small compared to broad market ETFs, but it holds a dominant position in the niche IPO and spin-off space.
Total Net Assets (AUM): 1397800000
Competitors
Key Competitors
- Renaissance IPO ETF (IPO)
- Defiance Next Gen SPAC Derived ETF (SPAK)
- SPDR S&P 500 ETF Trust (SPY)
Competitive Landscape
The competitive landscape is shaped by ETFs that focus on growth and newly public companies. FPX's advantage lies in its focus on both IPOs and spin-offs, potentially providing more diverse exposure. Compared to competitors, FPX has a distinct focus and methodology, but the high growth segment is highly competitive.
Financial Performance
Historical Performance: Historical performance varies greatly depending on the performance of newly public companies. Past performance does not guarantee future results.
Benchmark Comparison: A relevant benchmark would be an index of IPOs and spin-offs, but comparing against a broad market index like the S&P 500 would show different risk return profiles.
Expense Ratio: 0.58
Liquidity
Average Trading Volume
The average daily trading volume is sufficient, providing reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is typically narrow, reflecting sufficient trading activity.
Market Dynamics
Market Environment Factors
Economic indicators, market sentiment towards growth stocks, and the pipeline of IPOs and spin-offs all influence FPX's performance.
Growth Trajectory
FPX's growth trajectory is closely tied to the IPO market. Changes in strategy will be announced in the fund prospectus.
Moat and Competitive Advantages
Competitive Edge
FPX benefits from its experienced management team and well-defined strategy. First Trustu2019s reputation can attract capital flows, boosting AUM. FPX has the potential to deliver excess returns. The fund's specialization gives it an edge in a niche area of the market. It has the benefit of being a leading fund in a growing sector.
Risk Analysis
Volatility
FPX exhibits higher volatility than broad market ETFs due to its focus on newly public companies, which tend to be more volatile.
Market Risk
The ETF is exposed to market risk, particularly related to sentiment towards growth stocks and specific risks related to IPOs and spin-offs such as valuation uncertainty and lack of historical data.
Investor Profile
Ideal Investor Profile
The ideal investor is one who seeks long-term growth and is comfortable with higher volatility and the risks associated with investing in newly public companies.
Market Risk
FPX is best for long-term investors who are willing to accept higher risk for potentially higher returns. It is not suitable for risk-averse investors or those seeking stable income.
Summary
First Trust US Equity Opportunities ETF (FPX) offers exposure to the IPO and spin-off market, providing a focused growth investment. The ETF is for investors who have a long-term investment strategy. However, FPX has a higher level of risk than other ETFs. The fund exhibits higher volatility than other ETFs. As a result, it is only recommended for high-risk-tolerance investors.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust
- ETF.com
- Bloomberg
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. 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 US Equity Opportunities ETF
Exchange NYSE ARCA | 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 seeks to measure the performance of equity securities of the 100 typically largest and most liquid initial public offerings (IPOs) (including spin-offs and equity carve-outs) of U.S. companies. It is non-diversified.
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