FPA Alternatives & Similar ETFs

First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) belongs to the Asia Pacific Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FPA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FPA

FPA charges 0.80% annually. There are 94 ETFs in the Asia Pacific Equities category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
VPL	Vanguard FTSE Pacific ETF	0.08%	13.80B	Mar 2005	FPA vs VPL
FLKR	Franklin FTSE South Korea ETF	0.09%	1.39B	Nov 2017	FPA vs FLKR
FLJP	Franklin FTSE Japan ETF	0.09%	3.94B	Nov 2017	FPA vs FLJP
FLJH	Franklin FTSE Japan Hedged ETF	0.09%	179.16M	Nov 2017	FPA vs FLJH
IPAC	iShares Core MSCI Pacific ETF	0.09%	2.65B	Jun 2014	FPA vs IPAC

Best Risk-Adjusted Alternatives to FPA

FPA has a PortfoliosLab risk / return rank of 39. There are 54 ETFs in the Asia Pacific Equities category with higher risk-adjusted ranks, going as high as 95.

Symbol	Name	Risk / Return Rank	AUM	Inception
KCAI	KraneShares China Alpha Index ETF	95	3.29M	Aug 2024	FPA vs KCAI
DXJ	WisdomTree Japan Hedged Equity Fund	93	7.17B	Jun 2006	FPA vs DXJ
OPPJ	WisdomTree Japan Opportunities ETF	92	279.45M	Jun 2013	FPA vs OPPJ
DVYA	iShares Asia/Pacific Dividend ETF	91	71.70M	Feb 2012	FPA vs DVYA
ASEA	Global X FTSE Southeast Asia ETF	90	100.13M	Feb 2011	FPA vs ASEA

Top Performing FPA Alternatives (YTD)

FPA is at 20.38% YTD. There are 16 ETFs in the Asia Pacific Equities category with higher YTD returns, going as high as 65.13%.

Symbol	Name	YTD Return	AUM	Inception
KORU	Direxion Daily MSCI South Korea Bull 3X Shares	65.13%	1.38B	Apr 2013	FPA vs KORU
EWY	iShares MSCI South Korea ETF	61.59%	24.41B	May 2000	FPA vs EWY
FLKR	Franklin FTSE South Korea ETF	61.37%	1.39B	Nov 2017	FPA vs FLKR
MKOR	Matthews Korea Active ETF	55.62%	126.86M	Oct 2010	FPA vs MKOR
FLTW	Franklin FTSE Taiwan ETF	53.07%	2.66B	Nov 2017	FPA vs FLTW

Lowest Volatility Alternatives to FPA

FPA has 30.44% 1-year volatility. There are 89 ETFs in the Asia Pacific Equities category with lower 1-year volatility, going as low as 13.32%.

Symbol	Name	Volatility 1Y	AUM	Inception
DVYA	iShares Asia/Pacific Dividend ETF	13.32%	71.70M	Feb 2012	FPA vs DVYA
INDH	WisdomTree India Hedged Equity Fund	13.36%	5.79M	May 2024	FPA vs INDH
KCAI	KraneShares China Alpha Index ETF	14.22%	3.29M	Aug 2024	FPA vs KCAI
ADIV	SmartETFs Asia Pacific Dividend Builder ETF	14.23%	54.80M	Mar 2021	FPA vs ADIV
EWM	iShares MSCI Malaysia ETF	14.33%	323.69M	Mar 1996	FPA vs EWM

Lowest Drawdown Alternatives to FPA

FPA has a 1-year max drawdown of -25.40%. There are 78 ETFs in the Asia Pacific Equities category with shallower 1-year drawdowns, going as shallow as -5.90%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
KCAI	KraneShares China Alpha Index ETF	-5.90%	3.29M	Aug 2024	FPA vs KCAI
EWS	iShares MSCI Singapore ETF	-7.82%	1.05B	Mar 1996	FPA vs EWS
ASEA	Global X FTSE Southeast Asia ETF	-8.28%	100.13M	Feb 2011	FPA vs ASEA
KBA	KraneShares Bosera MSCI China A Share ETF	-8.33%	145.96M	Mar 2014	FPA vs KBA
DVYA	iShares Asia/Pacific Dividend ETF	-8.64%	71.70M	Feb 2012	FPA vs DVYA

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	39	28.86%	14.31B	Jul 2015	FPA vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Infrastructure Equities, Alternative Energy Equities, Energy Equities	49	17.75%	11.67B	Nov 2009	FPA vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	54	19.12%	10.18B	Mar 2014	FPA vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	8	-5.91%	118.19M	Feb 2012	FPA vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	92	18.16%	7.77B	Mar 2006	FPA vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	25	-6.56%	514.13M	Mar 2021	FPA vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	91	67.20%	1.27B	Sep 2016	FPA vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	43	14.88%	4.18B	Aug 2012	FPA vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities, Energy Equities	39	10.48%	586.61M	Feb 2007	FPA vs QCLN
RDVY	First Trust Rising Dividend Achievers ETF	Dividend, Large Cap Blend Equities	85	17.25%	24.89B	Jan 2014	FPA vs RDVY

Often Compared With FPA

Investors most often compare FPA with FSEAX, EPP, FICS. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FSEAX	Fidelity Emerging Asia Fund	Asia Pacific Equities	69	23.64%	—	Apr 1993	FPA vs FSEAX
EPP	iShares MSCI Pacific ex Japan ETF	Asia Pacific Equities	52	13.66%	2.22B	Oct 2001	FPA vs EPP
FICS	First Trust International Developed Capital Streng...	Global Equities	41	7.44%	212.22M	Dec 2020	FPA vs FICS
ADVE	Matthews Asia Dividend Active ETF	Asia Pacific Equities	71	16.97%	9.22M	Sep 2023	FPA vs ADVE
IEMG	iShares Core MSCI Emerging Markets ETF	Emerging Markets Equities	60	16.38%	152.22B	Oct 2012	FPA vs IEMG
AIA	iShares Asia 50 ETF	Asia Pacific Equities	84	37.37%	4.70B	Nov 2007	FPA vs AIA
AAXJ	iShares MSCI All Country Asia ex-Japan ETF	Asia Pacific Equities	60	19.33%	3.72B	Aug 2008	FPA vs AAXJ
EEMA	iShares MSCI Emerging Markets Asia ETF	Asia Pacific Equities	63	18.44%	839.50M	Feb 2012	FPA vs EEMA
THD	iShares MSCI Thailand ETF	Asia Pacific Equities	67	25.29%	366.02M	Mar 2008	FPA vs THD
FLAX	Franklin FTSE Asia ex Japan ETF	Asia Pacific Equities	64	18.15%	56.67M	Feb 2018	FPA vs FLAX
FLAU	Franklin FTSE Australia ETF	Australia Equities, Asia Pacific Equities	42	12.85%	176.77M	Nov 2017	FPA vs FLAU
EWA	iShares MSCI-Australia ETF	Australia Equities, Asia Pacific Equities	39	13.60%	1.40B	Mar 1996	FPA vs EWA
BKF	iShares MSCI BRIC ETF	Emerging Markets Equities	12	-5.84%	78.24M	Nov 2007	FPA vs BKF
ECNS	iShares MSCI China Small-Cap ETF	China Equities, Asia Pacific Equities	5	-10.59%	64.98M	Sep 2010	FPA vs ECNS
BBAX	JPMorgan BetaBuilders Developed Asia ex-Japan ETF	Asia Pacific Equities	59	15.03%	6.73B	Aug 2018	FPA vs BBAX
INDA	iShares MSCI India ETF	India Equities, Asia Pacific Equities	6	-7.86%	6.56B	Feb 2012	FPA vs INDA
EWH	iShares MSCI Hong Kong ETF	Asia Pacific Equities	38	10.37%	1.24B	Mar 1996	FPA vs EWH
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Equities	63	17.75%	29.16B	Apr 2003	FPA vs EEM
FLIN	Franklin FTSE India ETF	India Equities, Asia Pacific Equities	6	-7.54%	2.66B	Feb 2018	FPA vs FLIN
EWT	iShares MSCI Taiwan ETF	Taiwan Equities, Asia Pacific Equities	89	51.98%	10.29B	Jun 2000	FPA vs EWT

Compare FPA with Any Fund or Stock

Compare FPA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair FPA with funds that move differently

First Trust Asia Pacific ex-Japan AlphaDEX Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FPA.

Explore FPA Diversifiers

First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) Alternatives