FGM - ETF AI Analysis
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First Trust Germany AlphaDEX Fund (FGM)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Recent Leaders in Top Holdings
Several of the largest positions, such as Aurubis and Nordex, have shown strong gains this year, helping support the fund’s overall results.
Focused Exposure to German Market
The ETF is heavily invested in Germany, giving investors targeted access to German companies without having to pick individual stocks.
Solid Year-to-Date Performance
The fund has delivered positive returns so far this year, indicating that its strategy has recently been working for investors.
Negative Factors
High Expense Ratio
The fund charges a relatively high fee, which can eat into long-term returns compared with lower-cost ETFs.
Concentrated Country Risk
With almost all assets in Germany and only a small slice in the U.S., the ETF is very sensitive to economic and political developments in Germany.
Mixed Performance Among Top Holdings
Several major positions, including Deutsche Lufthansa and BMW, have been weak this year, which could drag on the fund if this trend continues.
FGM vs. SPDR S&P 500 ETF (SPY)
AUM116.39M
RegionEurope
Expense Ratio0.80%
Beta0.82
IssuerFirst Trust
Inception DateFeb 14, 2012
Dividend Yield0.64%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Germany Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,514
30 Day Avg. Volume21,009
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
73.84Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering40
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FGM Summary
FGM is an exchange-traded fund (ETF) that follows the NASDAQ AlphaDEX Germany Index, focusing mainly on German stocks. Instead of just buying the biggest companies, it picks German companies that score well on growth and value measures. Its holdings include well-known names like Bayer and BMW, along with a mix of industrial, consumer, and real estate companies. Someone might invest in FGM to get diversified exposure to Germany, one of Europe’s largest economies, and to seek long-term growth outside their home market. A key risk is that it is heavily tied to the German stock market, so its price can rise and fall with Germany’s economy.
How much will it cost me?The First Trust Germany AlphaDEX Fund (FGM) has an expense ratio of 0.8%, meaning you’ll pay $8 per year for every $1,000 invested. This is higher than average because the fund is actively managed, using a specialized stock selection strategy to try to outperform traditional indices.
What would affect this ETF?The First Trust Germany AlphaDEX Fund (FGM) could benefit from Germany's strong industrial sector and innovation-driven economy, especially if global demand for industrial and consumer goods remains high. However, challenges like rising interest rates in Europe, economic slowdowns, or regulatory changes affecting key sectors such as financials and utilities could negatively impact the ETF's performance. Investors should also consider how geopolitical tensions or shifts in trade policies might influence Germany's export-driven economy.
FGM Top 10 Holdings
FGM is leaning into Germany’s industrial backbone, with metals group Aurubis and wind-turbine maker Nordex doing much of the heavy lifting as their shares keep rising and powering recent gains. Construction name Hochtief is also pulling its weight, though its heavy debt load makes the ride bumpier. On the flip side, real estate players Aroundtown and LEG Immobilien are still catching their breath, with performance more mixed and occasionally lagging. Overall, this is a Germany-only bet, tilted toward cyclical, industrial, and infrastructure-linked names rather than global mega-cap tech.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Aurubis | 6.21% | $7.14M | €8.18B | 142.23% | 74 Outperform | |
| Hochtief | 5.57% | $6.41M | €34.54B | 172.09% | 69 Neutral | |
| Nordex | 5.34% | $6.14M | €10.64B | 204.80% | 71 Outperform | |
| LEG Immobilien | 3.97% | $4.57M | €4.55B | -16.50% | 70 Outperform | |
| Schaeffler | 3.96% | $4.55M | €7.39B | 112.77% | 52 Neutral | |
| Aroundtown SA | 3.87% | $4.45M | €2.66B | -4.27% | 59 Neutral | |
| Bilfinger | 3.76% | $4.33M | €3.69B | 36.46% | 74 Outperform | |
| Siemens Energy | 3.61% | $4.16M | €159.84B | 171.79% | 72 Outperform | |
| Deutsche Lufthansa | 3.52% | $4.05M | €8.69B | 10.44% | 76 Outperform | |
| Bayerische Motoren Werke Aktiengesellschaft | 3.48% | $4.00M | $55.15B | 6.00% | 71 Outperform |
FGM Technical Analysis
Positive
―
Price Trends
63.34
Positive
64.24
Positive
61.01
Positive
Market Momentum
0.39
Positive
53.17
Neutral
37.18
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FGM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 64.54, equal to the 50-day MA of 63.34, and equal to the 200-day MA of 61.01, indicating a neutral trend. The MACD of 0.39 indicates Positive momentum. The RSI at 53.17 is Neutral, neither overbought nor oversold. The STOCH value of 37.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FGM.
FGM Peer Comparison
Comparison Results
Performance Comparison
FGM
First Trust Germany AlphaDEX Fund
64.52
13.17
25.65%
EWG
iShares MSCI Germany ETF
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FLGB
Franklin FTSE United Kingdom ETF
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―
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DBEU
Xtrackers MSCI Europe Hedged Equity ETF
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DAX
Global X DAX Germany ETF
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FLGR
Franklin FTSE Germany ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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