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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust US Equity Opportunities ETF

FPX | ETF

$193.82

$1.34 B

0.16%

$0.31

0.57%

Vitals

YTD Return

18.5%

1 yr return

40.8%

3 Yr Avg Return

32.4%

5 Yr Avg Return

10.3%

Net Assets

$1.34 B

Holdings in Top 10

43.2%

52 WEEK LOW AND HIGH

$194.5
$137.52
$195.03

Expenses

OPERATING FEES

Expense Ratio 0.57%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust US Equity Opportunities ETF

FPX | ETF

$193.82

$1.34 B

0.16%

$0.31

0.57%

FPX - Profile

Distributions

  • YTD Total Return 18.5%
  • 3 Yr Annualized Total Return 32.4%
  • 5 Yr Annualized Total Return 10.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.07%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust US Equity Opportunities ETF
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Apr 12, 2006
  • Shares Outstanding
    12400002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jon Erickson

Fund Description

span style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed, maintained and sponsored by IPOX/spanspan style="color:#000000;font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"®/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;" Schuster LLC (the /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-style:italic;"“Index Provider”/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"). Solactive serves /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"as the index calculation agent. It is the sole responsibility of the Index Provider to decide on all matters relating to the Index methodology and Index constituent selection. The Index Provider may make exceptions to the Index methodology regarding /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"constituent inclusion, exclusion and weighting. /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"The Index seeks exposure to the top 100 largest and most liquid U.S. companies that have recently gone public, including initial public offerings (/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;font-style:italic;"“IPOs”/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;") and spin-offs, as well as select acquirers of recent IPOs. An IPO is a public offering in which the /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"shares of stock in a company are sold to the general public for the first time on an exchange. According to the Index Provider, the Index captures approximately 85% of the total market cap created via U.S. IPO and spin-off activity over the past 4 years, providing comprehensive exposure to the U.S. new listings market. The Index utilizes the Index Provider's proven and proprietary index technology to select the 100 largest and most liquid recent IPOs and spin-offs from the IPOX/spanspan style="color:#000000;font-family:Arial;font-size:6.5pt;position:relative;top:-2.75pt;"®/spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;" U.S. Composite /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"Index, which is a market-cap weighted index measuring the performance of all newly public U.S. listed companies primarily through IPO and spin-off. The Index employs a market-cap weighting scheme with a 10% cap on all constituents to ensure /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"diversification. The Fund may invest in securities of small, mid and large capitalization companies. /spanspan style="font-family:Arial;font-size:9.00pt;margin-left:0%;"The Index is rebalanced and reconstituted quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Index’s quarterly rebalance schedule may cause the Fund to experience a higher rate of portfolio turnover. /spanspan style="font-family:Arial;font-size:9.00pt;"The Fund will be concentrated in an industry or a group of industries to the extent that the Index /spanspan style="font-family:Arial;font-size:9.00pt;margin-left:0%;"is so concentrated. As of March/spanspan style="font-family:Arial;font-size:9.00pt;" 31, 2026, the Index was composed of 100 securities and the Fund had significant investments /spanspan style="font-family:Arial;font-size:9.00pt;margin-left:0%;"in /spanspan style="font-family:Arial;font-size:9.00pt;"industrials companies and information technology companies, although this may change from time to time. /spanspan style="font-family:Arial;font-size:9.00pt;"The Fund’s /spanspan style="font-family:Arial;font-size:9.00pt;margin-left:0%;"investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of March 31,/spanspan style="font-family:Arial;font-size:9.00pt;line-height:10.80pt;" /spanspan style="font-family:Arial;font-size:9.00pt;"2026. To the extent the Fund invests a significant portion of its /spanspan style="font-family:Arial;font-size:9.00pt;margin-left:0%;"assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or /spanspan style="font-family:Arial;font-size:9.00pt;"investment sector. /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;margin-left:0%;"In certain circumstances, such as pending corporate actions, economically significant IPOs, or spin-offs, mergers or acquisitions involving Index constituents, the Index Provider may make exceptions to the initial screening rebalancing and exit process described above. In addition, subject to the terms of the license agreement that permits the Fund to use the Index, the Index Provider may have the ability to change the Index methodology, terminate the license agreement or cease compiling, calculating /spanspan style="color:#000000;font-family:Arial;font-size:9.00pt;"and publishing the Index, in each case without the consent of the Fund, the Advisor or the Fund’s shareholders./span
Read More

FPX - Performance

Return Ranking - Trailing

Period FPX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.5% -10.0% 61.7% 5.39%
1 Yr 40.8% -13.2% 127.7% 5.88%
3 Yr 32.4%* 2.8% 66.8% 3.93%
5 Yr 10.3%* -8.2% 36.6% 69.86%
10 Yr 14.6%* 6.8% 24.6% 71.16%

* Annualized

Return Ranking - Calendar

Period FPX Return Category Return Low Category Return High Rank in Category (%)
2025 36.9% -74.1% 41.2% 0.69%
2024 24.6% -59.2% 52.3% 33.50%
2023 21.9% -15.0% 72.4% 82.01%
2022 -35.8% -85.9% 27.3% 60.22%
2021 3.5% -52.4% 38.7% 66.50%

Total Return Ranking - Trailing

Period FPX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.5% -10.0% 61.7% 5.39%
1 Yr 40.8% -13.2% 127.7% 5.88%
3 Yr 32.4%* 2.8% 66.8% 3.93%
5 Yr 10.3%* -8.2% 36.6% 69.86%
10 Yr 14.6%* 6.8% 24.6% 71.16%

* Annualized

Total Return Ranking - Calendar

Period FPX Return Category Return Low Category Return High Rank in Category (%)
2025 37.6% -4.9% 49.3% 1.47%
2024 24.7% -31.9% 52.3% 68.76%
2023 22.3% -4.6% 72.4% 91.15%
2022 -35.1% -61.7% 35.0% 78.17%
2021 3.7% -39.8% 40.0% 95.47%

FPX - Holdings

Concentration Analysis

FPX Category Low Category High FPX % Rank
Net Assets 1.34 B 1.46 M 440 B 58.12%
Number of Holdings 102 2 2946 23.70%
Net Assets in Top 10 501 M 1.51 M 203 B 63.27%
Weighting of Top 10 43.16% 10.7% 205.0% 85.85%

Top 10 Holdings

  1. GE Vernova Inc. COM 10.69%
  2. Medline Inc. COM CL A 5.28%
  3. Sandisk Corporation COM 4.77%
  4. AST SpaceMobile Inc. COM CL A 3.82%
  5. Seagate Technology Holdings PLC ORD SHS 3.54%
  6. Palantir Technologies Inc CL A 3.16%
  7. Warner Bros. Discovery Inc. COM SER A 3.08%
  8. Constellation Energy Corp. COM 3.05%
  9. Applovin Corp. COM CL A 2.93%
  10. FedEx Corporation COM 2.84%

Asset Allocation

Weighting Return Low Return High FPX % Rank
Stocks 		99.95% 0.00% 116.50% 8.13%
Other 		1.94% -24.61% 25.67% 2.55%
Cash 		0.06% 0.00% 173.52% 82.76%
Preferred Stocks 		0.00% 0.00% 24.75% 58.77%
Convertible Bonds 		0.00% 0.00% 1.94% 51.13%
Bonds 		0.00% 0.00% 99.61% 52.89%

Stock Sector Breakdown

Weighting Return Low Return High FPX % Rank
Technology 		30.12% 0.00% 65.70% 69.28%
Industrials 		11.13% 0.00% 30.65% 9.52%
Basic Materials 		9.43% 0.00% 18.91% 1.86%
Healthcare 		8.42% 0.00% 39.76% 87.34%
Consumer Cyclical 		7.78% 0.00% 62.57% 92.74%
Energy 		7.16% 0.00% 41.09% 5.10%
Financial Services 		6.73% 0.00% 43.06% 74.58%
Communication Services 		6.35% 0.00% 66.40% 83.42%
Consumer Defense 		5.39% 0.00% 25.50% 23.55%
Real Estate 		3.93% 0.00% 8.88% 8.64%
Utilities 		3.56% 0.00% 16.07% 3.14%

Stock Geographic Breakdown

Weighting Return Low Return High FPX % Rank
US 		99.95% 0.00% 116.50% 7.54%
Non US 		0.00% 0.00% 39.07% 63.47%

FPX - Expenses

Operational Fees

FPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.57% 0.01% 13.08% 83.68%
Management Fee 0.40% 0.00% 1.50% 15.20%
12b-1 Fee 0.00% 0.00% 1.00% 10.06%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

FPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 316.74% 82.46%

FPX - Distributions

Dividend Yield Analysis

FPX Category Low Category High FPX % Rank
Dividend Yield 0.16% 0.00% 27.58% 39.37%

Dividend Distribution Analysis

FPX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Annual Annual

Net Income Ratio Analysis

FPX Category Low Category High FPX % Rank
Net Income Ratio 0.07% -6.13% 3.48% 21.54%

Capital Gain Distribution Analysis

FPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

FPX - Fund Manager Analysis

Managers

Jon Erickson

Start Date

Tenure

Tenure Rank

Apr 12, 2006

16.15

16.2%

Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.

David McGarel

Start Date

Tenure

Tenure Rank

Apr 12, 2006

16.15

16.2%

David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.

Roger Testin

Start Date

Tenure

Tenure Rank

Apr 12, 2006

16.15

16.2%

Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.

Daniel Lindquist

Start Date

Tenure

Tenure Rank

Apr 12, 2006

16.15

16.2%

Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.

Stan Ueland

Start Date

Tenure

Tenure Rank

Nov 08, 2006

15.57

15.6%

Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.

Chris Peterson

Start Date

Tenure

Tenure Rank

Mar 18, 2016

6.21

6.2%

Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.

Erik Russo

Start Date

Tenure

Tenure Rank

Dec 31, 2020

1.41

1.4%

Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.24 2.92

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