First Trust Japan AlphaDEX Fund (FJP)

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The chart shows the growth of an initial investment of $10,000 in First Trust Japan AlphaDEX Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

First Trust Japan AlphaDEX Fund (FJP) has returned 8.24% so far this year and 36.33% over the past 12 months. Over the last ten years, FJP has returned 7.51% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Apr 26, 2011, FJP's average daily return is +0.03%, while the average monthly return is +0.56%. At this rate, your investment would double in approximately 10.3 years.

Historically, 60% of months were positive and 40% were negative. The best month was Feb 2026 with a return of +13.9%, while the worst month was Aug 2011 at -12.9%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FJP closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +6.7%, while the worst single day was Mar 12, 2020 at -10.4%.

First Trust Japan AlphaDEX Fund has an annualized alpha of -0.20%, beta of 0.62, and R² of 0.33 versus S&P 500 Index. Calculated based on daily prices since April 27, 2011.

• This ETF participated in 74.03% of S&P 500 Index downside but only 58.01% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.62 may look defensive, but with R² of 0.33 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.33 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

FJP has an expense ratio of 0.80%, placing it in the medium range.

FJP ranks 81 for risk / return — in the top 81% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for First Trust Japan AlphaDEX Fund (FJP) and compare them to a chosen benchmark (S&P 500 Index).

First Trust Japan AlphaDEX Fund provided a 2.63% dividend yield over the last twelve months, with an annual payout of $1.91 per share.

The table displays the monthly dividend distributions for First Trust Japan AlphaDEX Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the First Trust Japan AlphaDEX Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust Japan AlphaDEX Fund was 41.51%, occurring on Mar 16, 2020. Recovery took 1010 trading sessions.

The current First Trust Japan AlphaDEX Fund drawdown is 11.29%.

The chart below shows the rolling one-month volatility.