FEUZ: FIRST TRUST EUROZONE ALPHADEX ETF
What this ETF is trying to do
The FIRST TRUST EUROZONE ALPHADEX ETF (ticker: FEUZ) is an exchange-traded fund designed to provide exposure to companies within the Eurozone. It holds a variety of different stocks, such as Motor Oil (Hellas) Corinth Refineries SA and Thyssenkrupp AG, to follow its specific investment strategy.
What the numbers show
When looking at how this ETF has performed, it is important to distinguish between price return and total return. Price return only tracks the change in the share price. Total return includes both the share price changes and the money paid out through distributions.
Based on the supplied data:
• Year-to-Date (YTD): The price return is approximately 2.54%, while the total return is approximately 4.90%.
• One-Year: The price return was approximately 7.12%, and the total return was approximately 10.46%.
• Three-Year: The price return was approximately 73.80%, while the total return was approximately 87.79%.
• Five-Year: The five-year total return is approximately 58.11%.
The current price of the ETF is $62.96. An estimated price from roughly one year ago was approximately $58.78.
Income and distribution explanation
FEUZ provides cash distributions to investors. The distribution yield is approximately 3.17%. This number describes the cash distributions relative to the current ETF price. It is important to remember that a distribution yield is not the same as total return.
The fund usually pays out on a quarterly basis, with 4 payments recorded over the last 12 months. Most of these distributions have historically been paid on Thursdays.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes be a sign of trouble, it does not always mean the NAV is dropping.
For FEUZ, the erosion-risk score is 100, which is labeled as "No price erosion detected." The erosion severity is listed as "good," and there is no severe erosion-risk flag. The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
Pros
• Positive Returns: The ETF has shown positive price returns and total returns over one-year, three-year, and five-year periods.
• Income Generation: The fund provides a distribution yield of approximately 3.17%.
Cons
• Partial Data: The list of top holdings is only a partial list, meaning there are other companies in the fund not shown here.
• Market Risk: Like all ETFs, the value of the shares can change based on the performance of the companies it holds.
Beginner takeaway
FEUZ is an ETF that focuses on Eurozone companies and provides regular quarterly distributions. When researching this fund, remember that the total return is higher than the price return because it includes the cash distributions paid to investors. While the fund has shown price growth, always remember that past performance does not guarantee what will happen in the future.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | MOTOR OIL (HELLAS) CORINTH REFINERIES SA | n/a | 1.72% |
| 2 | THYSSENKRUPP AG | n/a | 1.69% |
| 3 | ARCELORMITTAL SA NEW REG.SHS EX-ARCELOR | n/a | 1.49% |
| 4 | PRYSMIAN SPA | n/a | 1.34% |
| 5 | RANDSTAD NV | n/a | 1.32% |
| 6 | REPSOL SA | n/a | 1.23% |
| 7 | GLANBIA PLC | n/a | 1.20% |
| 8 | AURUBIS AG | n/a | 1.16% |
| 9 | KLEPIERRE | n/a | 1.15% |
| 10 | PIRELLI & C SPA ORDINARY SHARES | n/a | 1.15% |