FPXE Alternatives & Similar ETFs

First Trust IPOX Europe Equity Opportunities ETF (FPXE) belongs to the Europe Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FPXE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FPXE

FPXE charges 0.70% annually. There are 46 ETFs in the Europe Equities category with lower expense ratios, going as low as 0.06%.

Symbol	Name	Expense Ratio	AUM	Inception
VGK	Vanguard FTSE Europe ETF	0.06%	38.10B	Mar 2005	FPXE vs VGK
SPEU	SPDR Portfolio Europe ETF	0.07%	732.38M	Oct 2002	FPXE vs SPEU
IEUR	iShares Core MSCI Europe ETF	0.09%	8.67B	Jun 2014	FPXE vs IEUR
FLSW	Franklin FTSE Switzerland ETF	0.09%	82.43M	Feb 2018	FPXE vs FLSW
FLGR	Franklin FTSE Germany ETF	0.09%	38.58M	Nov 2017	FPXE vs FLGR

Best Risk-Adjusted Alternatives to FPXE

FPXE has a PortfoliosLab risk / return rank of 30. There are 35 ETFs in the Europe Equities category with higher risk-adjusted ranks, going as high as 83.

Symbol	Name	Risk / Return Rank	AUM	Inception
EWO	iShares MSCI Austria ETF	83	143.84M	Mar 1996	FPXE vs EWO
EWP	iShares MSCI Spain ETF	71	1.87B	Mar 1996	FPXE vs EWP
RFEU	First Trust RiverFront Dynamic Europe ETF	67	100.00K	Apr 2016	FPXE vs RFEU
EFNL	iShares MSCI Finland ETF	66	200.61M	Jan 2012	FPXE vs EFNL
OPPE	WisdomTree European Opportunities Fund	62	274.78M	Mar 2015	FPXE vs OPPE

Top Performing FPXE Alternatives (YTD)

FPXE is at 12.36% YTD. There are 7 ETFs in the Europe Equities category with higher YTD returns, going as high as 22.29%.

Symbol	Name	YTD Return	AUM	Inception
EWO	iShares MSCI Austria ETF	22.29%	143.84M	Mar 1996	FPXE vs EWO
EWN	iShares MSCI Netherlands ETF	20.24%	561.62M	Mar 1996	FPXE vs EWN
ENOR	iShares MSCI Norway ETF	17.50%	86.29M	Jan 2012	FPXE vs ENOR
NORW	Global X MSCI Norway ETF	16.50%	104.93M	Nov 2010	FPXE vs NORW
PBEU	Portfolio Building Block European Banks Index ETF	13.63%	22.30M	Nov 2025	FPXE vs PBEU

Lowest Volatility Alternatives to FPXE

FPXE has 19.42% 1-year volatility. There are 45 ETFs in the Europe Equities category with lower 1-year volatility, going as low as 8.39%.

Symbol	Name	Volatility 1Y	AUM	Inception
RFEU	First Trust RiverFront Dynamic Europe ETF	8.39%	100.00K	Apr 2016	FPXE vs RFEU
DBEU	Xtrackers MSCI Europe Hedged Equity Fund	13.02%	751.72M	Oct 2013	FPXE vs DBEU
EUDV	ProShares MSCI Europe Dividend Growers ETF	14.19%	8.19M	Sep 2015	FPXE vs EUDV
FSZ	First Trust Switzerland AlphaDEX Fund	14.34%	40.95M	Feb 2012	FPXE vs FSZ
OPPE	WisdomTree European Opportunities Fund	14.41%	274.78M	Mar 2015	FPXE vs OPPE

Lowest Drawdown Alternatives to FPXE

FPXE has a 1-year max drawdown of -11.33%. There are 14 ETFs in the Europe Equities category with shallower 1-year drawdowns, going as shallow as -5.15%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RFEU	First Trust RiverFront Dynamic Europe ETF	-5.15%	100.00K	Apr 2016	FPXE vs RFEU
EFNL	iShares MSCI Finland ETF	-8.38%	200.61M	Jan 2012	FPXE vs EFNL
OPPE	WisdomTree European Opportunities Fund	-8.83%	274.78M	Mar 2015	FPXE vs OPPE
FDD	First Trust STOXX European Select Dividend Index F...	-9.39%	865.10M	Aug 2007	FPXE vs FDD
DBEU	Xtrackers MSCI Europe Hedged Equity Fund	-9.81%	751.72M	Oct 2013	FPXE vs DBEU

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	18	18.06%	13.59B	Jul 2015	FPXE vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	FPXE vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	FPXE vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	FPXE vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	69	12.67%	9.22B	Mar 2006	FPXE vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	FPXE vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	FPXE vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	FPXE vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	FPXE vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	Mar 2018	FPXE vs KNG

Often Compared With FPXE

Investors most often compare FPXE with FPXI, SMH, LVHI. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FPXI	First Trust International Equity Opportunities ETF	Foreign Large Cap Equities	64	38.06%	241.42M	Nov 2014	FPXE vs FPXI
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	94	72.73%	84.54B	Dec 2011	FPXE vs SMH
LVHI	Franklin International Low Volatility High Dividen...	Volatility Hedged Equity, Dividend	93	12.42%	4.99B	Jul 2016	FPXE vs LVHI
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	FPXE vs SPY
SPOT	Spotify Technology S.A.		10	-21.56%	—	—	FPXE vs SPOT
VEUR.L	Vanguard FTSE Developed Europe UCITS ETF Distribut...	Europe Equities	56	8.21%	6.38B	May 2013	FPXE vs VEUR.L
FEP	First Trust Europe AlphaDEX Fund	Europe Equities	49	7.28%	512.37M	Apr 2011	FPXE vs FEP
FLEU	Franklin FTSE Eurozone ETF	Europe Equities	34	7.40%	72.92M	Nov 2017	FPXE vs FLEU
DFE	WisdomTree Europe SmallCap Dividend Fund	Europe Equities, Dividend	22	2.33%	164.44M	Jun 2006	FPXE vs DFE
FLEE	Franklin FTSE Europe ETF	Europe Equities	35	6.25%	118.25M	Nov 2017	FPXE vs FLEE
OILK	ProShares K-1 Free Crude Oil Strategy ETF	Oil & Gas	28	40.78%	264.89M	Sep 2016	FPXE vs OILK
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	Foreign Large Cap Equities	83	16.14%	271.57M	Jan 2014	FPXE vs DBAW
EWU	iShares MSCI United Kingdom ETF	Europe Equities	42	5.10%	3.60B	Mar 1996	FPXE vs EWU
EUSC	WisdomTree Europe Hedged SmallCap Equity Fund	Europe Equities	—	—	128.99M	Mar 2015	FPXE vs EUSC
FLGB	Franklin FTSE United Kingdom ETF	Europe Equities	39	4.59%	859.75M	Nov 2017	FPXE vs FLGB
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	20	3.51%	784.37M	Feb 2018	FPXE vs ROBT
EWJ	iShares MSCI Japan ETF	Japan Equities	51	15.50%	23.14B	Mar 1996	FPXE vs EWJ
EWK	iShares MSCI Belgium ETF	Europe Equities	44	10.79%	148.25M	Mar 1996	FPXE vs EWK
EUDG	WisdomTree Europe Quality Dividend Growth Fund	Europe Equities, Dividend	27	3.16%	68.32M	May 2014	FPXE vs EUDG
BNO	United States Brent Oil Fund LP	Oil & Gas	29	50.21%	883.37M	Jun 2010	FPXE vs BNO

Compare FPXE with Any Fund or Stock

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

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Diversifiers

Pair FPXE with funds that move differently

First Trust IPOX Europe Equity Opportunities ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FPXE.

Explore FPXE Diversifiers

First Trust IPOX Europe Equity Opportunities ETF (FPXE) Alternatives