FPXI

First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF

$59.35

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The First Trust International Equity Opportunities ETF (FPXI) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the IPOX® International Index.

Overview

ETF tracking First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF

Category International

Issuer First Trust

Inception Date 2014-11-05

Market Cap $157.3M

Average Volume N/A

Dividend Yield 0.75%

52-Week Range $42.19 - $62.28

VWAP $59.43

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a portfolio of international equity securities that are included in the IPOX® International Index. The index tracks the performance of the 50 largest and typically most liquid initial public offerings (IPOs) in developed and emerging markets outside the United States.

✨ Key Features

Provides exposure to a diversified portfolio of international equities, with a focus on newly public companies
Tracks the IPOX® International Index, which is designed to capture the performance of the most liquid and tradable international IPOs
Relatively low expense ratio of 0.00%
Suitable for investors seeking international equity exposure with a focus on growth opportunities

⚠️ Primary Risks

International investing risks, including currency fluctuations, political and economic instability, and differences in accounting and financial reporting standards
Concentration risk, as the fund is focused on a relatively small number of newly public companies
Liquidity risk, as the fund may invest in less liquid international securities
Market risk, as the value of the fund's holdings may fluctuate with changes in the overall stock market

👤 Best For

This ETF may be suitable for investors seeking exposure to international equity markets, with a focus on growth opportunities from newly public companies. It may be appropriate as a component of a diversified portfolio, but investors should be aware of the higher risk profile compared to more broad-based international equity funds.