FJP vs. VPL ETF Comparison
Comparison of First Trust Japan AlphaDEX Fund (FJP) to Vanguard FTSE Pacific ETF (VPL)
FJP
First Trust Japan AlphaDEX Fund
FJP Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Japan Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Japan BMI Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$52.50
Average Daily Volume
9,245
6
VPL
Vanguard FTSE Pacific ETF
VPL Description
The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in the major markets of the Pacific region. The fund employs an indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Asia Pacific Index. The FTSE Developed Asia Pacific Index consists of approximately 808 common stocks of companies located in Japan, Australia, Korea, Hong Kong, Singapore, and New Zealand. As of May 31, 2013, Japan and Australia made up approximately 55% and 20%, respectively, of the index's market capitalization.Grade (RS Rating)
Last Trade
$74.09
Average Daily Volume
360,096
27
Performance
Period | FJP | VPL |
---|---|---|
30 Days | 5.29% | 0.49% |
60 Days | -2.92% | -4.68% |
90 Days | -1.85% | -4.55% |
12 Months | 8.11% | 10.43% |
FJP Overweight 0 Positions Relative to VPL
Symbol | Grade | Weight |
---|
FJP Underweight 21 Positions Relative to VPL
FJP: Top Represented Industries & Keywords
VPL: Top Represented Industries & Keywords