IPOX® 100 Europe Index ETF (FPXE)

First Trust IPOX Europe Equity Opportunities ETF

The First Trust IPOX® Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund designed to track the performance of the IPOX® 100 Europe Index. This index provides exposure to the top 100 European and Europe-affiliated companies ranked by market capitalization in the IPOX® Global Composite Index.

The underlying index and data is available for licensing as the basis for Financial Products,
including ETFs, Mutual Funds and Structured Products.
Please contact info@ipox.com  for licensing opportunities.

Key Facts:

  • Ticker: FPXE (Nasdaq)

    European Tickers:

    • IPXE LN (London Stock Exchange, UCITS format in USD)

    • FPXE LN (London Stock Exchange, UCITS format in GBP)

    • EFPX IM (Borsa Italiana, UCITS format in EUR)

  • Inception Date: October 4, 2018

  • Expense Ratio: 0.70% (as of February 1, 2024)

  • Rebalance Frequency: Quarterly

Index Methodology:

The IPOX® 100 Europe Index is a modified value-weighted price index that:

  • Measures the performance of the top 100 European and Europe-affiliated companies in the IPOX® Global Composite Index

  • Includes listings from countries such as Germany, The Netherlands, The United Kingdom, Italy, France, and the Nordic region, also those listed outside Europe (e.g. U.S.-listed European firms)

  • Ranks companies quarterly by market capitalization

  • Employs a 10% capping on all constituents

  • Includes the 100 largest, typically best-performing and most liquid initial public offerings (IPOs) in the region

  • Offers systematic exposure to European equity capital and private equity activity

  • Serves as a European proxy for innovation

Portfolio Composition:

As of August 1, 2024, the fund held 101 positions. Top countries included:

  1. Sweden (23.01%)

  2. United Kingdom (17.40%)

  3. Germany (12.24%)

  4. Switzerland (8.27%)

  5. Poland (4.86%)

Top sectors included:

  1. Industrials (21.26%)

  2. Health Care (19.33%)

  3. Information Technology (14.97%)

  4. Consumer Discretionary (13.25%)

  5. Communication Services (9.27%)

The fund's shares trade on the Nasdaq exchange during regular trading hours. European investors can access the fund in UCITS format on the London Stock Exchange (in USD or GBP) or on the Borsa Italiana (in EUR).

For the most current information and to obtain a prospectus, please visit the First Trust website.