DV
Dividend Vision

FPXE — First Trust IPOX Europe Equity Opportunities ETF

First Trust IPOX Europe Equity Opportunities ETF (FPXE)

FPXE pays a 2.20% distribution rate, semi-annual, on a 0.70% expense ratio. Its Distribution Safety Score™ is 54 (Caution), giving a Safety-Adjusted Yield of 1.19%. Total return is 99.8% over the past 7.9 years, 103.5 points behind SPY at 203.3%. Its deepest 1-year drawdown was 11.3%.

First Trust IPOX Europe Equity Opportunities ETF tracks an index of the 100 largest and most liquid recent initial public offerings of companies economically tied to Europe, including spin-offs and equity carve-outs. The fund distributes on a semi-annual basis at a modest current distribution rate, with an expense ratio of 0.70%. It appeals to equity investors seeking exposure to newly public European companies, though the non-diversified structure concentrates risk in a narrow group of recent IPOs.

FPXE key facts

Distribution Safety Score™
54 · Caution
Safety-Adjusted Yield
1.19%
Issuer
First Trust
Asset type
ETF
Asset class
Equity
Inception date
10/04/2018
Expense ratio
0.70%
Distribution rate
2.20%
Distribution frequency
Semi-Annual
Trailing yield
1.39%
Last close
$34.32
AUM
$5,364,154
Average volume
914.0
Last dividend
$0.3780
Ex-dividend date
06/25/2026
Payment date
06/30/2026
Beta
0.92
P/E ratio
26.3531