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Upturn AI SWOT - About
First Trust Germany AlphaDEX® Fund (FGM)
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Upturn Advisory Summary
04/01/2025: FGM (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 6.8% | Avg. Invested days 37 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 12096 | Beta 1.35 | 52 Weeks Range 34.99 - 50.75 | Updated Date 04/2/2025 |
52 Weeks Range 34.99 - 50.75 | Updated Date 04/2/2025 |
Upturn AI SWOT
First Trust Germany AlphaDEX® Fund
ETF Overview
Overview
The First Trust Germany AlphaDEXu00ae Fund (FGM) is an exchange-traded fund that seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuantu00ae Germany Index. The index is designed to select German stocks based on growth factors, including 3, 6, and 12-month price appreciation, sales to price and one year sales growth, and value factors including book value to price, cash flow to price, and return on assets.
Reputation and Reliability
First Trust is a well-established ETF provider with a solid reputation in the market.
Management Expertise
First Trust has a team of experienced professionals managing its ETFs.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield, before fees and expenses, of the StrataQuantu00ae Germany Index.
Investment Approach and Strategy
Strategy: The fund uses an AlphaDEXu00ae strategy to select German stocks based on growth and value factors.
Composition The ETF primarily holds stocks of German companies.
Market Position
Market Share: Market share varies over time and is difficult to pinpoint to an exact number. It's a relatively small player in the overall European equity ETF market.
Total Net Assets (AUM): 47538691.36
Competitors
Key Competitors
- iShares MSCI Germany ETF (EWG)
- Xtrackers Germany Equity ETF (GRMY)
- Franklin FTSE Germany ETF (FLGR)
Competitive Landscape
The European equity ETF market is highly competitive, dominated by large providers like iShares and Xtrackers. FGM's AlphaDEXu00ae strategy offers a differentiated approach compared to broad market-cap weighted funds. Its smaller size might lead to lower liquidity compared to larger competitors, but its smart-beta approach can attract investors seeking enhanced returns.
Financial Performance
Historical Performance: Historical performance data is readily available from financial websites.
Benchmark Comparison: Compare the ETF's performance against the StrataQuantu00ae Germany Index to evaluate tracking effectiveness.
Expense Ratio: 0.008
Liquidity
Average Trading Volume
The average trading volume of FGM is moderate, indicating reasonable liquidity for most investors.
Bid-Ask Spread
The bid-ask spread can vary, so always check the current spread before trading to minimize transaction costs.
Market Dynamics
Market Environment Factors
German economic indicators, Eurozone economic conditions, and global market sentiment influence FGM's performance.
Growth Trajectory
FGM's growth depends on the performance of its underlying German stocks and the effectiveness of the AlphaDEXu00ae strategy.
Moat and Competitive Advantages
Competitive Edge
FGM's competitive advantage lies in its AlphaDEXu00ae methodology, which aims to outperform traditional market-cap weighted indices. This quantitative approach selects stocks based on a combination of growth and value factors. The fund's focus on German equities allows investors to target a specific European market. However, the success of the AlphaDEXu00ae strategy is dependent on the accuracy of the algorithm and the prevailing market conditions, and investors should expect greater volatility.
Risk Analysis
Volatility
FGM's volatility reflects the volatility of the German stock market and the fund's stock selection strategy.
Market Risk
FGM is subject to market risk, including fluctuations in German stock prices and currency exchange rates.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the German equity market through a smart-beta strategy may find FGM appealing.
Market Risk
FGM may be suitable for long-term investors looking for potential outperformance compared to traditional market-cap weighted indices.
Summary
The First Trust Germany AlphaDEXu00ae Fund (FGM) offers investors exposure to German equities using a unique AlphaDEXu00ae methodology that combines growth and value factors. While it offers a differentiated approach compared to broad market-cap weighted funds, the fund's performance is still subject to market risk and volatility. Its smaller size may result in lower liquidity than its competitors. Investors should carefully consider their risk tolerance and investment objectives before investing in FGM.
Similar Companies
EWG
iShares MSCI Germany ETF
EWG
iShares MSCI Germany ETF
FGM
First Trust Germany AlphaDEX® Fund
FGM
First Trust Germany AlphaDEX® Fund
FLGR
Franklin FTSE Germany ETF
FLGR
Franklin FTSE Germany ETF
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share data is approximate and may vary based on the source and time period. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Germany AlphaDEX® Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select stocks from the NASDAQ Germany Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
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