FPXE Stock Summary and Trading Ideas (First Trust Ipox Europe Equity Opportunities ETF | NASDAQ:FPXE)

The First Trust IPOX Europe Equity Opportunities ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the IPOX 100 Europe Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Funds investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Funds performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned, developed, maintained and sponsored by IPOX Schuster LLC (the "Index Provider"). The IPOX 100 Europe Index is a market cap weighted index that measures the performance of recent European initial public offerings (IPOs) from the IPOX Global Composite Index.

First Trust Ipox Europe Equity Opportunities ETF trades on the NASDAQ stock market under the symbol FPXE.

As of March 3, 2025, FPXE stock price declined to $27.03 with 3,965 million shares trading.

FPXE has a market cap of $4.05 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, FPXE traded as high as $28.48 and as low as $16.62.

FPXE has underperformed the market in the last year with a return of +10.0%, while SPY returned +15.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FPXE shares. However, FPXE has outperformed the market in the last 3 month and 2 week periods, returning +1.3% and -4.0%, while SPY returned -3.0% and -4.3%, respectively. This indicates FPXE has been having a stronger performance recently.

FPXE support price is $26.72 and resistance is $27.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FPXE shares will trade within this expected range on the day.