IPOX® International Index (IPXI)
The IPOX® International Index is an applied market cap-weighted index portfolio measuring the performance of the top 50 companies domiciled outside the United States ranked quarterly by market cap in the IPOX® Global Composite Index, subject to defined liquidity and exposure criteria. The IPOX® International Index has historically captured ca. 60% of total market cap created through non-U.S. domiciled New Listings activity over the past four years, respectively.
As of June 30, 2021, portfolio holdings include a broad mix of firms representing recent Equity Capital Markets (ECM) trends such as Japanese online marketplace Mercari, French lottery operator Francaise des Jeux (FDJ) and Saudi Arabia’s state-owned oil and gas company Saudi Arabian Oil Company (Saudi Aramco).
The IPOX® International Index serves as the underlying benchmark for the 5-star (3 & 5 years) First Trust International Opportunities ETF (FPXI US).
Discover the 5-star First Trust International Equity Opportunities ETF (FPXI US)