This ETF focuses in on companies that have recently undergone an Initial Public Offering (IPO) and are now available to the general public for investment. These companies, which are less than 1,000 days old on the market, may not have been properly valued at the time of launch thus making them possible candidates for outperforming their more established brethren. While not appropriate for all investors, FPX could be a decent satellite holding for those who believe that companies that recently had an IPO could be poised for outperformance in the short term.
| Segment | Equity: U.S. - Total Market |
| Category | Size and Style |
| Focus | Total Market |
| Niche | Broad-based |
| Strategy | Time Since Launch |
| Weighting Scheme | Market Cap |
This section compares how balanced and deep this ETF is relative to its peers.
| FPX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 101 | 370 | 342 |
| % of Assets in Top 10 | 44.64% | 44.71% | 36.23% |
| % of Assets in Top 15 | 54.31% | 52.54% | 45.15% |
| % of Assets in Top 50 | 87.34% | 77.31% | 75.81% |
| FPX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 70.10% | 87.65% | 72.82% |
| Mid (>2.7B) | 28.65% | 5.12% | 12.73% |
| Small (>600M) | 1.05% | 0.61% | 2.77% |
| Micro (<600M) | 0.00% | 0.07% | 0.68% |
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.
| FPX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.01 | $ 0.32 | $ 0.24 |
| Dividend Date | 2024-03-21 | N/A | N/A |
| Annual Dividend Rate | $ 0.14 | $ 0.93 | $ 0.75 |
| Annual Dividend Yield | 0.14% | 1.03% | 1.59% |
View charts featuring FPX price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -4.97 M 1 Month Net Flows: -19.94 M 3 Month Net Flows: -40 M 6 Month Net Flows: -78.83 M 1 Year Net Flows: -171.11 M 3 Year Net Flows: -887.95 M 5 Year Net Flows: -749.58 M 10 Year Net Flows: -372.79 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -3.42 MThe adjacent table gives investors an individual Realtime Rating for FPX 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 Large Cap Growth 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.
| FPX |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 0.35% | 5.02% | 1.75% |
| 3 Month Return | -3.35% | 5.81% | 2.17% |
| YTD Return | 4.26% | 15.80% | 8.16% |
| 1 Year Return | 13.01% | 25.60% | 12.60% |
| 3 Year Return | -7.33% | 5.63% | 3.02% |
| 5 Year Return | 5.36% | 9.31% | 4.36% |
The following charts reflect the geographic spread of FPX's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 99.79% |
| Other | 0.19% |
| Country | Percentage |
|---|---|
| United States | 98.67% |
| Cayman Islands | 0.81% |
| United Kingdom | 0.31% |
| Other | 0.19% |
The following charts reflect the allocation of FPX's underlying holdings.
| Sector | Percentage |
|---|---|
| Technology Services | 24.31% |
| Producer Manufacturing | 15.14% |
| Health Technology | 14.25% |
| Finance | 11.87% |
| Consumer Services | 9.91% |
| Electronic Technology | 8.15% |
| Utilities | 3.85% |
| Transportation | 3.32% |
| Consumer Non-Durables | 2.49% |
| Energy Minerals | 1.53% |
| Distribution Services | 1.45% |
| Industrial Services | 1.37% |
| Health Services | 0.86% |
| Non-Energy Minerals | 0.47% |
| Consumer Durables | 0.34% |
| Commercial Services | 0.25% |
| CASH | 0.19% |
| Retail Trade | 0.12% |
| Communications | 0.11% |
| Market Cap | Percentage |
|---|---|
| Large | 70.1% |
| Mid | 28.65% |
| Small | 1.05% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.79% |
| CASH | 0.19% |
| Sector | Percentage |
|---|---|
| Technology Services | 24.31% |
| Producer Manufacturing | 15.14% |
| Health Technology | 14.25% |
| Finance | 11.87% |
| Consumer Services | 9.91% |
| Electronic Technology | 8.15% |
| Utilities | 3.85% |
| Transportation | 3.32% |
| Consumer Non-Durables | 2.49% |
| Energy Minerals | 1.53% |
| Distribution Services | 1.45% |
| Industrial Services | 1.37% |
| Health Services | 0.86% |
| Non-Energy Minerals | 0.47% |
| Consumer Durables | 0.34% |
| Commercial Services | 0.25% |
| CASH | 0.19% |
| Retail Trade | 0.12% |
| Communications | 0.11% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 210.87% |
| 20 Day Volatility | 14.68% |
| 50 Day Volatility | 17.16% |
| 200 Day Volatility | 19.22% |
| Beta | 1.09 |
| Standard Deviation | 7.86% |
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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