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 December 31, 2019, portfolio holdings include a broad mix of firms representing recent Equity Capital Markets (ECM) trends ranging from telecom infrastructure company China Tower, Danish wind farm operator Ørsted to Brazilian financial services platform XP and French lottery operator Francaise des Jeux (FDJ).
The IPOX® International Index serves as the underlying benchmark for the 5-star (3 years) First Trust International Opportunities ETF (FPXI US).
Discover the 5-star First Trust International Equity Opportunities ETF (FPXI US)