FPXE vs. FFTY ETF Comparison
Comparison of First Trust IPOX Europe Equity Opportunities ETF (FPXE) to Innovator IBD 50 Fund ETF (FFTY)
FPXE
First Trust IPOX Europe Equity Opportunities ETF
FPXE Description
The First Trust IPOX® Europe Equity Opportunities ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the IPOX® 100 Europe Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned, developed, maintained and sponsored by IPOX® Schuster LLC (the "Index Provider").
Grade (RS Rating)
Last Trade
$26.26
Average Daily Volume
1,173
18
FFTY
Innovator IBD 50 Fund ETF
FFTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.Grade (RS Rating)
Last Trade
$26.52
Average Daily Volume
127,180
50
Performance
| Period | FPXE | FFTY |
|---|---|---|
| 30 Days | -1.32% | 2.12% |
| 60 Days | 7.98% | 7.94% |
| 90 Days | 2.18% | -5.25% |
| 12 Months | 31.31% | 20.01% |
FPXE Underweight 48 Positions Relative to FFTY
| Symbol | Grade | Weight | |
|---|---|---|---|
| CAMT | F | -3.71% | |
| NVDA | C | -3.7% | |
| MMYT | D | -3.63% | |
| ANET | B | -3.54% | |
| CLS | C | -3.49% | |
| NSSC | F | -3.46% | |
| CRWD | D | -3.46% | |
| TMDX | D | -3.43% | |
| HIMS | C | -3.37% | |
| RCL | C | -3.09% | |
| ALNY | B | -3.05% | |
| GOOGL | C | -3.02% | |
| BWIN | C | -3.0% | |
| NFLX | C | -2.99% | |
| ELF | F | -2.99% | |
| NVO | F | -2.91% | |
| STEP | A | -2.87% | |
| WING | B | -2.78% | |
| CMRE | C | -2.71% | |
| TGTX | C | -2.15% | |
| PLTR | C | -2.09% | |
| PSTG | F | -2.07% | |
| VITL | C | -2.06% | |
| HUT | D | -2.02% | |
| FN | C | -1.96% | |
| NTRA | B | -1.95% | |
| BROS | D | -1.95% | |
| FRPT | C | -1.93% | |
| MIRM | D | -1.07% | |
| TWST | D | -1.05% | |
| UTHR | B | -1.01% | |
| APPF | C | -0.99% | |
| KKR | C | -0.98% | |
| IBKR | A | -0.97% | |
| AX | D | -0.97% | |
| SRPT | F | -0.96% | |
| TOST | B | -0.95% | |
| NOW | C | -0.93% | |
| ONTO | C | -0.52% | |
| AVGO | C | -0.52% | |
| C | B | -0.51% | |
| HEI | C | -0.5% | |
| CTAS | C | -0.5% | |
| AXP | A | -0.5% | |
| SNPS | F | -0.49% | |
| RYAN | A | -0.49% | |
| KSPI | F | -0.49% | |
| ASND | C | -0.49% |
FPXE: Top Represented Industries & Keywords
FFTY: Top Represented Industries & Keywords
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