This ETF is one of many products offering exposure to the developed economies of Western Europe, an asset class that includes many of the world’s largest stocks markets and is often a core holding within long-term, buy-and-hold portfolios. As such, FEP may be appealing to both investors with a long-term focus and to those looking to establish a shorter-term tactical tilt towards European stock markets. FEP is unique from other options in the Europe Equities ETFdb Category thanks to the methodology of the underlying index; this fund seeks to replicate an AlphaDEX benchmark that employs a quant-based screening system designed to select the component stocks with the greatest potential for capital appreciation. In exchange for this attempt to generate alpha relative to cap-weighted benchmarks, investors can expect to pay a bit more; FEP has an expense ratio quite a bit higher than low cost options for European exposure such as VGK. For those who believe that the AlphaDEX methodology has the ability to generate excess returns over the long run, this ETF might be the optimal way to establish exposure to European stock markets. Those looking to minimize costs or who believe in fully efficient markets may prefer cheaper options such as VGK or FEZ.
| Segment | Equity: Developed Europe - Total Market |
| Category | Size and Style |
| Focus | Total Market |
| Niche | Broad-based |
| Strategy | Multi-factor |
| Weighting Scheme | Tiered |
This section compares how balanced and deep this ETF is relative to its peers.
| FEP | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 201 | 238 | 498 |
| % of Assets in Top 10 | 10.80% | 47.56% | 32.58% |
| % of Assets in Top 15 | 15.32% | 57.05% | 39.72% |
| % of Assets in Top 50 | 42.38% | 83.48% | 69.25% |
| FEP | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 42.71% | 61.51% | 71.10% |
| Mid (>2.7B) | 55.17% | 22.35% | 20.41% |
| Small (>600M) | 1.15% | 7.82% | 2.11% |
| Micro (<600M) | 0.00% | 0.82% | 0.08% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| FEP | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.86 | $ 0.72 | $ 0.70 |
| Dividend Date | 2023-06-27 | N/A | N/A |
| Annual Dividend Rate | $ 1.06 | $ 1.34 | $ 1.66 |
| Annual Dividend Yield | 3.11% | 3.96% | 4.81% |
View charts featuring FEP price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: -22.64 M 3 Month Net Flows: -27.8 M 6 Month Net Flows: -48.29 M 1 Year Net Flows: -83.31 M 3 Year Net Flows: -104.79 M 5 Year Net Flows: -494.61 M 10 Year Net Flows: 265.4 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 1.2 MThe adjacent table gives investors an individual Realtime Rating for FEP on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Europe Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| FEP |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 0.18% | -0.93% | 0.30% |
| 3 Month Return | -2.23% | -4.45% | -2.83% |
| YTD Return | 8.35% | 8.81% | 9.94% |
| 1 Year Return | 21.20% | 21.88% | 20.63% |
| 3 Year Return | 3.37% | 5.55% | 5.75% |
| 5 Year Return | 0.42% | 3.31% | 3.88% |
The following charts reflect the geographic spread of FEP's underlying holdings.
| Region | Percentage |
|---|---|
| Europe | 98.35% |
| Other | 0.97% |
| North, Central and South America | 0.7% |
| Country | Percentage |
|---|---|
| United Kingdom | 20.21% |
| Germany | 17.3% |
| France | 14.76% |
| Italy | 8.6% |
| Sweden | 6.76% |
| Spain | 4.91% |
| Norway | 3.97% |
| Switzerland | 3.42% |
| Austria | 2.91% |
| Ireland | 2.8% |
| Greece | 2.59% |
| Belgium | 2.16% |
| Netherlands | 2.05% |
| Denmark | 2.05% |
| Finland | 2.01% |
| Luxembourg | 1.89% |
| Other | 0.97% |
| Portugal | 0.66% |
The following charts reflect the allocation of FEP's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 13.85% |
| Producer Manufacturing | 9.69% |
| Non-Energy Minerals | 8.53% |
| Process Industries | 8.14% |
| Consumer Durables | 8.04% |
| Energy Minerals | 7.18% |
| Electronic Technology | 6.9% |
| Utilities | 6.84% |
| Transportation | 5.47% |
| Consumer Non-Durables | 5.07% |
| Retail Trade | 4.01% |
| Industrial Services | 3.81% |
| Consumer Services | 2.67% |
| Communications | 2.24% |
| Distribution Services | 1.98% |
| Commercial Services | 1.61% |
| Health Technology | 1.47% |
| Technology Services | 1.2% |
| CASH | 0.97% |
| Health Services | 0.35% |
| Market Cap | Percentage |
|---|---|
| Mid | 55.17% |
| Large | 42.71% |
| Small | 1.15% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 95.42% |
| Preferred Equity | 2.45% |
| CASH | 0.97% |
| American Depositary Receipt | 0.7% |
| Depositary Receipts/Certificates | 0.48% |
| Sector | Percentage |
|---|---|
| Finance | 13.85% |
| Producer Manufacturing | 9.69% |
| Non-Energy Minerals | 8.53% |
| Process Industries | 8.14% |
| Consumer Durables | 8.04% |
| Energy Minerals | 7.18% |
| Electronic Technology | 6.9% |
| Utilities | 6.84% |
| Transportation | 5.47% |
| Consumer Non-Durables | 5.07% |
| Retail Trade | 4.01% |
| Industrial Services | 3.81% |
| Consumer Services | 2.67% |
| Communications | 2.24% |
| Distribution Services | 1.98% |
| Commercial Services | 1.61% |
| Health Technology | 1.47% |
| Technology Services | 1.2% |
| CASH | 0.97% |
| Health Services | 0.35% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 212.54% |
| 20 Day Volatility | 13.33% |
| 50 Day Volatility | 13.46% |
| 200 Day Volatility | 15.04% |
| Beta | 1.09 |
| Standard Deviation | 2.66% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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