FGM ETF — First Trust Germany AlphaDEX® Fund

First Trust Germany AlphaDEX® Fund (FGM)

Updated October 16, 2026.

FGM is an ETF. its distribution rate is 1.86%, its trailing-12-month yield is 1.85%, its expense ratio is 0.80%. Dividend Vision Distribution Safety Score™ is 62/100 (Generally safe). Total return is 155.0% over the past 14.7 years, 467.0 points behind SPY at 622.0%.

First Trust Germany AlphaDEX® Fund is an ETF that tracks a modified index of German equities selected for their potential to generate risk-adjusted returns above traditional indices using the AlphaDEX® methodology. The fund carries a modest current distribution rate and a 0.80% expense ratio, with distributions paid on an irregular basis. It may appeal to investors seeking German equity exposure with a quantitative tilt toward alpha generation.

FGM performance versus SPY

Price and return data through 2026-10-16.

Total return is 155.0% over the past 14.7 years, 467.0 points behind SPY at 622.0%. Over the past year its total return — price change plus distributions reinvested — is 2.4%. Its deepest 1-year drawdown was 17.8%.

FGM key facts

Distribution Safety Score™

62 · Generally safe

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

02/14/2012

Expense ratio

0.80%

Distribution rate

1.86%

Trailing yield

1.85%

Last close

$57.96 (as of 2026-10-16)

AUM

$87,462,262

Average volume

2116.0

Dividend

$0.191

Ex-dividend date

09/24/2026

Payment date

09/30/2026

Beta

1.19

How Dividend Vision calculates yield and returns

Distribution rate (1.86%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.85%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FGM risks and drawbacks

FGM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 17.8%.

Who may consider FGM — and who may not

It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FGM

• All tickers starting with F

Tagged: International.

Frequently asked questions

More securities from First Trust.