First Trust US Equity Opportunities ETF (FPX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Trust US Equity Opportunities ETF (FPX) is up 13.1% since the beginning of the year. FPX is currently trading at $185 per share. Investors who bought $1,000 worth of FPX shares 5 years ago would now be looking at an investment worth $1,562.

First Trust US Equity Opportunities ETF (FPX) has returned 13.13% so far this year and 32.72% over the past 12 months. Looking at the last ten years, FPX has achieved an annualized return of 14.11%, outperforming the S&P 500 Index benchmark, which averaged 13.33% per year.

Based on dividend-adjusted daily data since May 24, 2006, FPX's average daily return is +0.06%, while the average monthly return is +1.18%. At this rate, an investment would double in approximately 4.9 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +18.2%, while the worst month was Oct 2008 at -20.6%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FPX closed higher 55% of trading days. The best single day was Oct 13, 2008 with a return of +14.4%, while the worst single day was Mar 16, 2020 at -12.9%.

First Trust US Equity Opportunities ETF has an annualized alpha of 4.36%, beta of 0.98, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since May 25, 2006.

• This ETF captured 121.12% of S&P 500 Index gains and 104.71% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• This ETF generated an annualized alpha of 4.36% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 0.98 and R2 of 0.69, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

FPX has an expense ratio of 0.57%, placing it in the medium range.

FPX ranks 50 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for First Trust US Equity Opportunities ETF (FPX) and compare them to S&P 500 Index.

First Trust US Equity Opportunities ETF provided a 0.51% dividend yield over the last twelve months, with an annual payout of $0.94 per share.

The table displays the monthly dividend distributions for First Trust US Equity Opportunities ETF. 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 US Equity Opportunities ETF. 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 US Equity Opportunities ETF was 56.29%, occurring on Nov 20, 2008. Recovery took 560 trading sessions.

The current First Trust US Equity Opportunities ETF drawdown is 5.15%.

The chart below shows the rolling one-month volatility.