Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

First Trust US IPO Index Fund (FPX)

54.35
Delayed Data
As of 11:15am ET
 -0.22 / -0.40%
Today’s Change
42.23
Today|||52-Week Range
54.59
+6.30%
Year-to-Date

Investment Objective

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the IPOX(R)-100 U.S. Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is a modified, value-weighted price index measuring the performance of the top U.S. companies ranked quarterly by market capitalization in the IPOX(R) Global Composite Index. It is non-diversified.

Can Value Investors Buy IPOs?
Sep 28 / Zacks.com - Paid Partner Content
IPO Market Heats Up: ETFs in Focus
Sep 22 / Zacks.com - Paid Partner Content

Performance

1 month+1.95% 3 years+10.43%
3 months+12.09% 5 years+21.13%
1 year+15.26% Since inception+11.00%
Data through 09/29/2016

Quote Details

Previous close$54.57
Open day’s range54.35 – 54.51
Net asset value (NAV)54.55 (09/28/2016)
Daily volume5,591
Average volume (3 months)44,312
Data as of 11:15am ET, 09/29/2016

Peer Comparisonvs. Large growth ETFs

 FPXCategory
Performance 5-yr return+21.13%+12.56%
Expense Gross exp ratio0.60%0.41%
Risk 5 year sharpe ratio1.241.15
Net assets$577.5M$3.4B
Average market cap$24.4B$88.0B
Average P/E27.426.7
Dividend / Share--0.17%

Competitors

VOOG Vanguard S&P 500 Growth Index Fund
QUAL iShares Edge MSCI USA Quality Factor ETF
SPYG SPDR® S&P 500 Growth ETF

Holdings

Top 5 Sectors
Portfolio weighting
Consumer goods 28.26%
Financial service 15.18%
Energy 10.02%
Hardware 9.39%
Business service 8.36%
Top 10 Holdings
Portfolio weighting
FB Facebook10.23%
KHC Kraft Heinz Co9.53%
ABBV AbbVie9.08%
SHPG Shire4.91%
PYPL PayPal Holdings Inc3.95%
HPE Hewlett Packard Enterprise Co3.13%
NXPI NXP Semiconductors NV2.67%
ZTS Zoetis Inc2.22%
HLT Hilton Worldwide Holdings Inc2.07%
SYF Synchrony Financial2.03%