ETF Research

FEP: FIRST TRUST EUROPE ALPHADEX FUND

Generated from StockValueFinder data · Updated Oct 11, 2026 3:32 AM
Educational content only. This is not financial advice and is not a recommendation to buy, sell, or hold any ETF.

ETF Education Report: First Trust Europe Alphadex Fund (FEP)

What this ETF is trying to do

The First Trust Europe Alphadex Fund (FEP) is an exchange-traded fund (ETF) that focuses on European companies. It holds a variety of different stocks, including companies like Aberdeen Group PLC and Glanbia PLC. Because it holds many different companies, it provides exposure to a broad group of businesses rather than just one.

What the numbers show

When looking at an ETF, it is important to understand two different types of returns: price return and total return.

• Price Return: This measures only how much the share price has changed.

• Total Return: This includes both the change in share price *and* any cash distributions (dividends) paid out to investors.

For FEP, the numbers show growth in both areas:

• Year-to-Date (YTD): The price return is approximately 3.99%, while the total return is approximately 6.20%.

• One Year: The price return was approximately 7.67%, while the total return was approximately 11.09%.

• Three Years: The price return was approximately 74.80%, while the total return was approximately 95.18%.

Based on an estimated price from roughly one year ago of $51.92, the current price is $55.90.

Income and distribution explanation

Some investors look for ETFs that pay out cash, known as distributions. FEP has a distribution yield of approximately 3.12%. This means the cash paid out is about 3.12% of the ETF's price. These distributions usually happen quarterly, and over the last 12 months, there were four payouts. It is important to remember that a distribution yield is not the same as total return.

NAV erosion explanation

"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases over time. Some investors worry that high payouts might cause this. However, for FEP, the erosion-risk score is 100, and the label states "No price erosion detected." There is no severe erosion-risk flag for this fund.

Pros

• The fund has shown positive price returns and total returns over the last year and three years.

• It provides regular cash distributions.

• The erosion-risk measurement is rated as "good."

Cons

• The list of holdings provided is only a partial list, meaning there are many other companies in the fund that are not detailed here.

• As with all stock investments, prices can change, and past performance does not guarantee future results.

Beginner takeaway

FEP is an ETF that tracks European stocks and provides both share-price growth and cash distributions. When studying this fund, remember to look at the total return to see the full picture of how much value was created, including the cash paid out to you.

Top Holdings

Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.

210 holdings available
# Holding Ticker Weight
1 ABERDEEN GROUP PLC n/a 1.07%
2 GLANBIA PLC n/a 1.06%
3 PRYSMIAN SPA n/a 1.05%
4 DEUTSCHE LUFTHANSA AG n/a 0.99%
5 MOTOR OIL (HELLAS) CORINTH REFINERIES SA n/a 0.99%
6 JD SPORTS FASHION PLC n/a 0.97%
7 BRITISH LAND CO PLC n/a 0.96%
8 HOCHTIEF AG n/a 0.94%
9 AURUBIS AG n/a 0.92%
10 BALFOUR BEATTY PLC n/a 0.91%
Show all 210 holdings
1. ABERDEEN GROUP PLC n/a 1.07%
2. GLANBIA PLC n/a 1.06%
3. PRYSMIAN SPA n/a 1.05%
4. DEUTSCHE LUFTHANSA AG n/a 0.99%
5. MOTOR OIL (HELLAS) CORINTH REFINERIES SA n/a 0.99%
6. JD SPORTS FASHION PLC n/a 0.97%
7. BRITISH LAND CO PLC n/a 0.96%
8. HOCHTIEF AG n/a 0.94%
9. AURUBIS AG n/a 0.92%
10. BALFOUR BEATTY PLC n/a 0.91%
11. n/a n/a 0.91%
12. n/a n/a 0.89%
13. INDUSTRIVARDEN AB CLASS C n/a 0.88%
14. KLEPIERRE n/a 0.88%
15. 3I GROUP ORD n/a 0.87%
16. ACCIONA SA n/a 0.87%
17. INVESTOR AB CLASS B n/a 0.86%
18. SAIPEM SPA n/a 0.86%
19. FRESENIUS MEDICAL CARE AG n/a 0.85%
20. ASSOCIATED BRITISH FOODS PLC n/a 0.84%
21. SSAB AB (PUBL) CLASS B n/a 0.84%
22. ARCELORMITTAL SA NEW REG.SHS EX-ARCELOR n/a 0.83%
23. n/a n/a 0.83%
24. A P MOLLER MAERSK AS CLASS B n/a 0.82%
25. PROSUS NV ORDINARY SHARES CLASS N n/a 0.82%
26. BUZZI SPA n/a 0.81%
27. PUBLIC POWER CORP SA n/a 0.80%
28. ICG PLC n/a 0.79%
29. VODAFONE GROUP PLC n/a 0.79%
30. KONINKLIJKE VOPAK NV n/a 0.78%
31. METLEN ENERGY & METALS PLC n/a 0.77%
32. UMICORE SA ORDINARY SHARES n/a 0.77%
33. VONOVIA SE n/a 0.76%
34. ISS AS n/a 0.75%
35. REPSOL SA n/a 0.75%
36. RYANAIR HOLDINGS PLC ADR RYAAY 0.75%
37. THYSSENKRUPP AG n/a 0.75%
38. SCHAEFFLER AG PARTICIPATING PREFERRED n/a 0.74%
39. SODEXO n/a 0.74%
40. DANIELI & C. OFFICINE MECCANICHE SPA n/a 0.73%
41. GLENCORE PLC n/a 0.73%
42. MICHELIN n/a 0.73%
43. LEG IMMOBILIEN SE n/a 0.72%
44. PIRELLI & C SPA ORDINARY SHARES n/a 0.72%
45. VESTAS WIND SYSTEMS AS n/a 0.72%
46. SBM OFFSHORE NV n/a 0.71%
47. NESTE OYJ n/a 0.69%
48. NKT AS n/a 0.69%
49. COMPAGNIE DE SAINT-GOBAIN SA n/a 0.68%
50. NORDEX SE AKT. NACH KAPITALHERABSETZUNG n/a 0.68%
51. VAR ENERGI ASA n/a 0.68%
52. NORSK HYDRO ASA n/a 0.67%
53. VAT GROUP AG n/a 0.67%
54. BOLIDEN AB n/a 0.66%
55. CENTRICA PLC n/a 0.66%
56. MAIRE SPA ORDINARY SHARES n/a 0.66%
57. VIENNA INSURANCE GROUP AG n/a 0.66%
58. COLRUYT GROUP NV n/a 0.65%
59. EQUINOR ASA n/a 0.65%
60. ASML HOLDING NV n/a 0.64%
61. ELIS SA n/a 0.64%
62. H. LUNDBECK AS ORDINARY SHARES CLASS B n/a 0.64%
63. INPOST SA ORDINARY SHARES n/a 0.64%
64. KINGFISHER PLC n/a 0.64%
65. YARA INTERNATIONAL ASA n/a 0.64%
66. ENDEAVOUR MINING PLC n/a 0.63%
67. RANDSTAD NV n/a 0.63%
68. RIO TINTO PLC ORDINARY SHARES n/a 0.63%
69. COVIVIO SA n/a 0.62%
70. IPSEN SA n/a 0.62%
71. M&G PLC ORDINARY SHARES n/a 0.62%
72. ENGIE SA n/a 0.61%
73. A2A SPA n/a 0.60%
74. HARBOUR ENERGY PLC n/a 0.60%
75. PEARSON PLC n/a 0.60%
76. BAYERISCHE MOTOREN WERKE AG n/a 0.59%
77. LION FINANCE GROUP PLC n/a 0.59%
78. DEME GROUP NV n/a 0.58%
79. STORA ENSO OYJ CLASS R n/a 0.58%
80. CAPGEMINI SE n/a 0.57%
81. BAYER AG n/a 0.56%
82. EVOLUTION AB n/a 0.56%
83. n/a n/a 0.56%
84. KONINKLIJKE AHOLD DELHAIZE NV n/a 0.55%
85. MERCEDES-BENZ GROUP AG n/a 0.55%
86. TRITAX BIG BOX ORD n/a 0.55%
87. BP PLC n/a 0.54%
88. PANDORA AS n/a 0.54%
89. ENI SPA n/a 0.53%
90. ESSITY AB CLASS B n/a 0.53%
91. UNIQA INSURANCE GROUP AG n/a 0.53%
92. VOLKSWAGEN AG PARTICIPATING PREFERRED n/a 0.53%
93. n/a n/a 0.52%
94. ANGLOGOLD ASHANTI PLC AU 0.51%
95. BARRY CALLEBAUT AG n/a 0.51%
96. ENDESA SA n/a 0.51%
97. MERLIN PROPERTIES SOCIMI SA n/a 0.50%
98. SIEMENS ENERGY AG ORDINARY SHARES n/a 0.50%
99. PERSIMMON PLC n/a 0.49%
100. WHITBREAD PLC n/a 0.49%
101. EDP RENEWABLES SA n/a 0.48%
102. INDRA SISTEMAS SA SHS CLASS -A- n/a 0.48%
103. L E LUNDBERGFORETAGEN AB CLASS B n/a 0.48%
104. SOL SPA n/a 0.48%
105. TESCO PLC n/a 0.48%
106. EDP-ENERGIAS DE PORTUGAL SA n/a 0.47%
107. FASTIGHETS AB BALDER CLASS B n/a 0.47%
108. PERNOD RICARD SA n/a 0.46%
109. ASM INTERNATIONAL NV n/a 0.45%
110. BOUYGUES n/a 0.45%
111. ENAGAS SA n/a 0.45%
112. NOKIA OYJ n/a 0.45%
113. TENARIS SA n/a 0.45%
114. SWISSCOM AG n/a 0.44%
115. GAZTRANSPORT ET TECHNIGAZ SA n/a 0.43%
116. KION GROUP AG n/a 0.43%
117. n/a n/a 0.43%
118. ORKLA ASA n/a 0.42%
119. SHELL PLC n/a 0.42%
120. STANDARD LIFE PLC n/a 0.42%
121. TOTALENERGIES SE TTE 0.41%
122. DEUTSCHE POST AG n/a 0.40%
123. HISCOX LTD n/a 0.40%
124. MERCK KGAA n/a 0.40%
125. MONDI PLC n/a 0.40%
126. UNITED INTERNET AG n/a 0.40%
127. BREMBO NV n/a 0.39%
128. PUBLICIS GROUPE SA n/a 0.39%
129. AMUNDI SA n/a 0.38%
130. AUTOLIV INC SEDR n/a 0.38%
131. SOCIETE GENERALE SA n/a 0.38%
132. COCA-COLA HBC AG n/a 0.37%
133. VOESTALPINE AG n/a 0.37%
134. ANTOFAGASTA PLC n/a 0.36%
135. SWEDISH ORPHAN BIOVITRUM AB n/a 0.36%
136. DREYFUS GOVT CM INST 289 n/a 0.34%
137. FUCHS SE PARTICIPATING PREFERRED n/a 0.34%
138. AXFOOD AB n/a 0.33%
139. EMMI AG n/a 0.33%
140. SAINSBURY (J) PLC n/a 0.33%
141. SANDOZ GROUP AG REGISTERED SHARES n/a 0.33%
142. SCOR SE ACT. PROV. REGPT. n/a 0.33%
143. E.ON SE n/a 0.32%
144. VOLVO CAR AB CLASS B n/a 0.32%
145. EVONIK INDUSTRIES AG n/a 0.31%
146. GRIFOLS SA ORDINARY SHARES CLASS A n/a 0.31%
147. OMV AG n/a 0.31%
148. ARKEMA SA n/a 0.30%
149. GSK PLC n/a 0.30%
150. HERA SPA n/a 0.30%
151. RWE AG CLASS A n/a 0.30%
152. SSE PLC n/a 0.30%
153. WARTSILA CORP n/a 0.30%
154. ORANGE SA n/a 0.29%
155. GALP ENERGIA SGPS SA n/a 0.28%
156. MOWI ASA n/a 0.28%
157. LEONARDO SPA AZ NOM POST RAGGRUPPAMENTO n/a 0.27%
158. BAE SYSTEMS PLC n/a 0.26%
159. SAAB AB CLASS B n/a 0.26%
160. BANCA MONTE DEI PASCHI DI SIENA n/a 0.24%
161. FRESNILLO PLC n/a 0.24%
162. RAIFFEISEN BANK INTERNATIONAL AG n/a 0.24%
163. NOVO NORDISK AS CLASS B n/a 0.22%
164. BAWAG GROUP AG ORDINARY SHARES n/a 0.21%
165. PIRAEUS BANK SA n/a 0.21%
166. ALPHA BANK SA n/a 0.20%
167. CREDITO EMILIANO n/a 0.20%
168. DE'LONGHI SPA n/a 0.20%
169. UNIPOL ASSICURAZIONI SPA n/a 0.20%
170. AGEAS SA/ NV n/a 0.18%
171. AKZO NOBEL NV n/a 0.18%
172. ASR NEDERLAND NV n/a 0.18%
173. DIPLOMA PLC n/a 0.18%
174. REXEL SA n/a 0.18%
175. STOREBRAND ASA n/a 0.18%
176. ACCELLERON INDUSTRIES AG ORDINARY SHARES n/a 0.17%
177. CREDIT AGRICOLE SA n/a 0.17%
178. DSV AS n/a 0.17%
179. SANDVIK AB n/a 0.17%
180. UNITED UTILITIES GROUP PLC CLASS A n/a 0.17%
181. WACKER CHEMIE AG n/a 0.17%
182. ACKERMANS & VAN HAAREN NV n/a 0.16%
183. ALLFUNDS GROUP PLC n/a 0.16%
184. AVOLTA AG n/a 0.16%
185. BRITISH AMERICAN TOBACCO PLC n/a 0.16%
186. CARREFOUR n/a 0.16%
187. LOGISTA INTEGRAL SA n/a 0.16%
188. LOTTOMATICA GROUP SPA n/a 0.16%
189. METSO CORP n/a 0.16%
190. RECKITT BENCKISER GROUP PLC n/a 0.16%
191. BT GROUP PLC n/a 0.15%
192. HEIDELBERG MATERIALS AG n/a 0.15%
193. SEVERN TRENT PLC n/a 0.15%
194. SPAREBANK 1 SOR NORGE ASA n/a 0.15%
195. VALLOUREC SA n/a 0.15%
196. AKER BP ASA n/a 0.14%
197. FRAPORT AG n/a 0.14%
198. SANOFI SA n/a 0.14%
199. TELEFONAKTIEBOLAGET L M ERICSSON CLASS B n/a 0.14%
200. UCB SA n/a 0.14%
201. CASH n/a 0.01%
202. CURRENCY CONTRACT USD n/a 0.00%
203. DANISH KRONE n/a 0.00%
204. EVRAZ PLC n/a 0.00%
205. GREAT BRITISH POUND n/a 0.00%
206. NORWEGIAN KRONE n/a 0.00%
207. SECURITIES LENDING BNYM n/a 0.00%
208. SWEDISH KRONA n/a 0.00%
209. SWISS FRANC n/a 0.00%
210. EURO n/a 0.00%
Holdings data last updated Oct 7, 2026 5:31 AM .
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