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Upturn AI SWOT - About
First Trust US Equity Opportunities ETF (FPX)
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Upturn Advisory Summary
04/01/2025: FPX (1-star) is currently NOT-A-BUY. Pass it for now.
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 -8.46% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 37122 | Beta 1.24 | 52 Weeks Range 88.66 - 143.52 | Updated Date 04/2/2025 |
52 Weeks Range 88.66 - 143.52 | Updated Date 04/2/2025 |
Upturn AI SWOT
First Trust US Equity Opportunities ETF
ETF Overview
Overview
The First Trust US Equity Opportunities ETF (FPX) seeks long-term capital appreciation by investing in companies that have recently completed an initial public offering (IPO). It focuses on capturing the performance of newly public companies during their early growth stages, offering exposure to innovative sectors and emerging market trends.
Reputation and Reliability
First Trust is a well-established ETF provider with a reputation for innovation and offering differentiated investment strategies.
Management Expertise
First Trust has a dedicated team of investment professionals with experience in managing equity ETFs and analyzing IPO markets.
Investment Objective
Goal
Seeks long-term capital appreciation.
Investment Approach and Strategy
Strategy: The ETF aims to capture the performance of newly public companies, typically within the first few years after their IPO.
Composition The ETF primarily holds common stock of US-based companies that have recently completed an initial public offering (IPO).
Market Position
Market Share: The ETF occupies a niche segment focusing on IPOs, making direct market share comparison with broad market ETFs less relevant.
Total Net Assets (AUM): 345000000
Competitors
Key Competitors
- Renaissance IPO ETF (IPO)
Competitive Landscape
FPX and IPO are primary competitors. FPX focuses on US-based IPOs offering focused exposure, while IPO tracks a broader index of global IPOs. FPX's US focus might offer advantages to investors specifically targeting the US market.
Financial Performance
Historical Performance: Historical performance data should be obtained from financial data providers like Bloomberg or Yahoo Finance for different time periods to evaluate its track record.
Benchmark Comparison: The ETF's performance should be compared against a relevant IPO index or benchmark to assess its effectiveness in capturing the performance of the IPO market.
Expense Ratio: 0.0058
Liquidity
Average Trading Volume
The ETF's average trading volume provides insights into how easily shares can be bought or sold without significantly impacting the price.
Bid-Ask Spread
The bid-ask spread indicates the cost of trading the ETF, with a narrower spread generally indicating higher liquidity.
Market Dynamics
Market Environment Factors
Economic conditions, investor sentiment towards IPOs, and the overall health of the IPO market significantly influence the ETF's performance.
Growth Trajectory
The ETF's growth depends on the number and quality of IPOs each year. Changes in investment strategy and holdings will reflect First Trust's view on the IPO market.
Moat and Competitive Advantages
Competitive Edge
FPX's primary advantage is its focused exposure to US-based IPOs. The ETF offers a targeted approach to investing in newly public companies without the dilution of a global index. This allows investors to specifically capitalize on the innovation and growth potential within the US market, aligning with the performance of recent IPOs.
Risk Analysis
Volatility
The ETF's volatility should be assessed based on its historical price fluctuations to determine its risk profile.
Market Risk
The ETF is subject to market risk, particularly associated with newly public companies, which can be more volatile than established firms. IPOs can be highly susceptible to market sentiment and sector-specific trends.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to newly public companies and potential high-growth opportunities, willing to accept higher risk associated with IPOs.
Market Risk
The ETF is suitable for long-term investors with a higher risk tolerance looking to diversify their portfolios with exposure to emerging companies and innovative sectors.
Summary
The First Trust US Equity Opportunities ETF (FPX) provides a targeted investment strategy for those seeking exposure to US-based IPOs. It offers a potentially high-growth investment opportunity, albeit with associated risks due to the volatility often seen in newly public companies. The ETF's performance is heavily reliant on the strength and success of the IPO market. Investors should consider their risk tolerance and investment goals when evaluating FPX. First Trustu2019s expertise in the ETF space may provide some advantages.
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Sources and Disclaimers
Data Sources:
- First Trust Website
- Bloomberg
- Yahoo Finance
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a 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 US Equity Opportunities ETF
Exchange NYSE ARCA | 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 seeks to measure the performance of equity securities of the 100 typically largest and most liquid initial public offerings (IPOs) (including spin-offs and equity carve-outs) of U.S. companies. It is non-diversified.
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