FPXE:NASDAQFirst Trust IPOX Europe Equity Opportunities ETF Analysis
Data as of 2026-09-06 - not real-time
$33.13
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
At $33.13, First Trust IPOX Europe Equity Opportunities ETF shows a bullish moving-average alignment, with shorter averages sitting above longer ones. Relative strength is 44.4 — neutral — and the MACD signal is bearish. Recent trading has carved out support near $32.62 and resistance around $35.05.
The 0.70% expense ratio is middling for its category, and the fund manages $5.0M in assets.
Risk comes out at 6 of a possible 10, a elevated reading. With 30-day volatility of 18.0%, a beta of 1.27 and a maximum drawdown of 12.2%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 3/10 conviction over the longer horizon.
The 0.70% expense ratio is middling for its category, and the fund manages $5.0M in assets.
Risk comes out at 6 of a possible 10, a elevated reading. With 30-day volatility of 18.0%, a beta of 1.27 and a maximum drawdown of 12.2%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 3/10 conviction over the longer horizon.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 5/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 32.99
- MACD momentum is negative
Medium Term
1–3 yearsPositive
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 32.99
- MACD momentum is negative
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Thin trading liquidity raises execution risk
- Short-term moving averages stacked above long-term ones
- 30-day volatility of 18.0%
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.70%
AUM$5.0M
Inception Date2018-10-04
Avg Daily Volume530
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield1.45%
Technical Analysis
TrendBullish
RSI44.4
Support$32.62
Resistance$35.05
MA 20$33.66
MA 50$33.61
MA 200$32.99
MACDBearish
VolumeIncreasing
Fear & Greed Index95.48
Risk Assessment
Beta1.27
Volatility18.03%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.