FEUZ
First Trust Eurozone AlphaDEX
📎 Investment Objective
The First Trust Eurozone AlphaDEX ETF (FEUZ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq AlphaDEX Eurozone Index.
Overview
ETF tracking First Trust Eurozone AlphaDEX
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Eurozone AlphaDEX ETF (FEUZ) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Nasdaq AlphaDEX Eurozone Index.
🎯 Investment Strategy
The fund employs an 'AlphaDEX' stock selection methodology to select and weight component securities from the Nasdaq AlphaDEX Eurozone Index. This index is designed to provide exposure to Eurozone equities with the potential for capital appreciation.
✨ Key Features
- Focuses on Eurozone equities with the potential for outperformance
- Uses a quantitative stock selection process to identify undervalued stocks
- Diversified portfolio across multiple Eurozone countries and sectors
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to currency exchange rate fluctuations between the Euro and other currencies
- Potential for higher volatility compared to broad Eurozone equity indexes
- Concentration in a specific geographic region (Eurozone) increases risk
- Reliance on the AlphaDEX stock selection methodology to generate outperformance
👤 Best For
This ETF may be suitable for investors seeking exposure to Eurozone equities with the potential for capital appreciation. It may be appropriate as a satellite holding within a diversified portfolio, rather than as a core investment. Investors should have a higher risk tolerance and a longer-term investment horizon to account for the fund's potential volatility.