PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
First Trust US Equity Opportunities ETF (FPX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3369201039

CUSIP

336920103

Issuer

First Trust

Inception Date

Apr 12, 2006

Region

North America (U.S.)

Leveraged

1x

Index Tracked

IPOX-100 U.S. Index

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Growth

Share Price Chart


Loading data...

Compare to other instruments

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


Popular comparisons:
FPX vs. IUSG FPX vs. MSOS FPX vs. MJ FPX vs. URNM FPX vs. IBUY FPX vs. VOO FPX vs. FTEC FPX vs. SPY FPX vs. BSV FPX vs. IWY
Popular comparisons:
FPX vs. IUSG FPX vs. MSOS FPX vs. MJ FPX vs. URNM FPX vs. IBUY FPX vs. VOO FPX vs. FTEC FPX vs. SPY FPX vs. BSV FPX vs. IWY

Performance

Performance Chart

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


-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
19.47%
11.19%
FPX (First Trust US Equity Opportunities ETF)
Benchmark (^GSPC)

Returns By Period

First Trust US Equity Opportunities ETF had a return of 29.80% year-to-date (YTD) and 43.50% in the last 12 months. Over the past 10 years, First Trust US Equity Opportunities ETF had an annualized return of 10.21%, while the S&P 500 had an annualized return of 11.14%, indicating that First Trust US Equity Opportunities ETF did not perform as well as the benchmark.


FPX

YTD

29.80%

1M

8.64%

6M

19.47%

1Y

43.50%

5Y (annualized)

10.15%

10Y (annualized)

10.21%

^GSPC (Benchmark)

YTD

24.05%

1M

0.89%

6M

11.19%

1Y

30.12%

5Y (annualized)

13.82%

10Y (annualized)

11.14%

Monthly Returns

The table below presents the monthly returns of FPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.41%9.69%3.08%-6.40%0.60%-0.29%0.84%3.37%6.42%1.40%29.80%
20238.10%-1.73%0.73%-4.78%1.65%8.44%8.25%-7.49%-4.81%-8.45%13.97%9.46%22.26%
2022-13.17%-0.69%3.32%-11.89%-4.80%-10.06%9.08%-0.96%-8.56%7.32%-0.85%-8.16%-35.11%
20213.68%3.55%-6.12%4.07%-2.41%5.34%-0.49%1.68%-4.26%5.93%-5.43%-0.91%3.69%
20202.04%-6.54%-17.58%15.28%11.25%3.79%7.16%7.86%-0.17%-1.15%18.15%4.88%47.89%
201911.96%4.74%2.98%2.74%-4.39%6.09%2.04%-0.58%-3.83%1.37%3.76%0.97%30.37%
20186.58%-3.19%-2.50%0.04%3.05%1.33%-1.01%7.03%-1.72%-8.48%0.15%-8.62%-8.35%
20172.66%2.41%1.10%1.92%1.56%0.65%1.93%1.10%3.99%3.16%2.54%1.20%27.03%
2016-7.71%-0.59%6.87%1.64%1.77%-2.12%5.46%0.88%1.16%-3.61%2.66%0.94%6.72%
2015-2.27%7.45%2.05%-0.78%2.38%-0.12%2.75%-7.60%-5.83%7.04%0.75%-2.43%2.29%
2014-1.63%6.61%-3.37%-0.68%1.71%4.00%-2.47%5.50%-2.70%1.58%3.64%-0.45%11.71%
20138.03%1.11%4.55%1.30%2.52%-1.33%8.90%-0.33%5.46%3.25%1.13%5.65%47.77%

Expense Ratio

FPX features an expense ratio of 0.57%, falling within the medium range.


Expense ratio chart for FPX: current value at 0.57% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.57%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FPX is 61, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of FPX is 6161
Combined Rank
The Sharpe Ratio Rank of FPX is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of FPX is 6666
Sortino Ratio Rank
The Omega Ratio Rank of FPX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of FPX is 4747
Calmar Ratio Rank
The Martin Ratio Rank of FPX is 6262
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for First Trust US Equity Opportunities ETF (FPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FPX, currently valued at 2.09, compared to the broader market0.002.004.006.002.092.54
The chart of Sortino ratio for FPX, currently valued at 2.83, compared to the broader market-2.000.002.004.006.008.0010.0012.002.833.40
The chart of Omega ratio for FPX, currently valued at 1.35, compared to the broader market0.501.001.502.002.503.001.351.47
The chart of Calmar ratio for FPX, currently valued at 1.26, compared to the broader market0.005.0010.0015.001.263.66
The chart of Martin ratio for FPX, currently valued at 9.97, compared to the broader market0.0020.0040.0060.0080.00100.00120.009.9716.28
FPX
^GSPC

The current First Trust US Equity Opportunities ETF Sharpe ratio is 2.09. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of First Trust US Equity Opportunities ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.09
2.54
FPX (First Trust US Equity Opportunities ETF)
Benchmark (^GSPC)

Dividends

Dividend History

First Trust US Equity Opportunities ETF provided a 0.02% dividend yield over the last twelve months, with an annual payout of $0.03 per share.


0.20%0.40%0.60%0.80%1.00%$0.00$0.20$0.40$0.60$0.8020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.03$0.26$0.85$0.17$0.33$0.54$0.55$0.47$0.42$0.32$0.40$0.23

Dividend yield

0.02%0.27%1.08%0.14%0.28%0.67%0.88%0.68%0.77%0.62%0.79%0.51%

Monthly Dividends

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01
2023$0.00$0.00$0.14$0.00$0.00$0.05$0.00$0.00$0.06$0.00$0.00$0.02$0.26
2022$0.00$0.00$0.07$0.00$0.00$0.15$0.00$0.00$0.13$0.00$0.00$0.50$0.85
2021$0.00$0.00$0.09$0.00$0.00$0.00$0.00$0.00$0.08$0.00$0.00$0.00$0.17
2020$0.00$0.00$0.14$0.00$0.00$0.08$0.00$0.00$0.04$0.00$0.00$0.07$0.33
2019$0.00$0.00$0.05$0.00$0.00$0.12$0.00$0.00$0.20$0.00$0.00$0.17$0.54
2018$0.00$0.00$0.11$0.00$0.00$0.19$0.00$0.00$0.10$0.00$0.00$0.16$0.55
2017$0.00$0.00$0.16$0.00$0.00$0.08$0.00$0.00$0.12$0.00$0.00$0.11$0.47
2016$0.00$0.00$0.09$0.00$0.00$0.14$0.00$0.00$0.07$0.00$0.00$0.11$0.42
2015$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.08$0.00$0.00$0.10$0.32
2014$0.00$0.00$0.11$0.00$0.00$0.10$0.00$0.00$0.09$0.00$0.00$0.11$0.40
2013$0.03$0.00$0.00$0.09$0.00$0.00$0.04$0.00$0.00$0.08$0.23

Drawdowns

Drawdowns Chart

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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.26%
-1.41%
FPX (First Trust US Equity Opportunities ETF)
Benchmark (^GSPC)

Worst Drawdowns

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 534 trading sessions.

The current First Trust US Equity Opportunities ETF drawdown is 7.26%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-56.29%Dec 27, 2007229Nov 20, 2008534Feb 14, 2011763
-43.14%Nov 10, 2021495Oct 30, 2023
-36.97%Feb 20, 202023Mar 23, 202074Jul 8, 202097
-24.12%Jul 21, 2015143Feb 11, 2016247Feb 3, 2017390
-23.55%Aug 30, 201880Dec 24, 201868Apr 3, 2019148

Volatility

Volatility Chart

The current First Trust US Equity Opportunities ETF volatility is 7.70%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.70%
4.07%
FPX (First Trust US Equity Opportunities ETF)
Benchmark (^GSPC)