FEP ETF — Holdings & Analysis

First Trust Europe AlphaDEX Fund (FEP) is an exchange-traded fund that seeks to replicate the price and yield performance of the Nasdaq AlphaDEX Europe Index. This index employs a quantitative methodology to select European stocks based on both growth and value factors. The fund's objective is to provide investors with exposure to a diversified portfolio of European companies that exhibit strong fundamentals, potentially outperforming traditional market-cap weighted indexes. As of 2026-03-15, FEP has an AUM of $0.47 billion and holds 207 stocks.

The expense ratio for the First Trust Europe AlphaDEX Fund (FEP) is 0.80%. This means that for every $10,000 invested in the fund, $80 is deducted annually to cover operating expenses. While this provides access to a diversified portfolio of European equities, it's important to consider this cost when evaluating the fund's potential returns. Investors should compare this expense ratio to those of similar international equity ETFs to assess its competitiveness.

As of 2026-03-15, the top holdings in the First Trust Europe AlphaDEX Fund (FEP) are: Hochtief AG (1.26%), Fresnillo PLC (1.24%), Endeavour Mining PLC (1.19%), ACS Actividades de Construccion y Servicios SA (1.15%), and Aurubis AG (1.14%). These holdings represent a mix of companies across various sectors within the European market. The fund's methodology aims to select companies with strong growth and value characteristics, potentially leading to a different portfolio composition compared to market-cap weighted indexes.

Whether FEP is a suitable long-term investment depends on an investor's individual circumstances and risk tolerance. The fund offers exposure to European equities, which can provide diversification benefits. FEP's methodology focuses on selecting stocks based on growth and value factors, which may lead to outperformance in certain market conditions. However, the fund's expense ratio of 0.80% should be considered, as it can impact long-term returns. Investors should also be aware of the risks associated with international investing, including currency risk and political instability. Past performance does not guarantee future results.

FEP differentiates itself from other European equity ETFs through its AlphaDEX methodology, which selects stocks based on growth and value factors rather than market capitalization. Its expense ratio is 0.80%. As of 2026-03-15, FEP has an AUM of $0.47 billion. Some similar ETFs may have lower expense ratios or larger AUM, but FEP's unique stock selection process may appeal to investors seeking a different approach to European equity investing. Investors should compare the performance and risk characteristics of FEP to those of other ETFs before making an investment decision.

Yes, the First Trust Europe AlphaDEX Fund (FEP) distributes dividends. The fund's current dividend yield is 3.03%. This yield represents the annual dividend payment as a percentage of the fund's share price. Dividend payments can provide investors with a source of income and contribute to the fund's total return. However, dividend yields can fluctuate over time and are not guaranteed.