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FGM - ETF AI Analysis
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First Trust Germany AlphaDEX Fund (FGM)
Rating:64Neutral
Price Target:
$62.00
Positive Factors
Strong Top Holdings
Several top holdings, such as Siemens Energy and Rheinmetall, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including Industrials, Consumer Cyclical, and Financials, reducing reliance on any single industry.
Focused Geographic Exposure
The fund's heavy focus on Germany provides targeted exposure to one of Europe's strongest economies.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many other funds, which can eat into investor returns over time.
Geographic Concentration Risk
With over 85% of its holdings in Germany, the ETF is highly exposed to risks specific to the German market.
Mixed Performance Among Holdings
Some holdings, like Mercedes-Benz Group and Bayerische Motoren Werke, have shown weaker year-to-date performance, which may drag on overall results.
FGM vs. SPDR S&P 500 ETF (SPY)
AUM72.92M
RegionEurope
Expense Ratio0.80%
Beta0.75
IssuerFirst Trust
Inception DateFeb 14, 2012
Dividend Yield0.69%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Germany Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,731
30 Day Avg. Volume5,800
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
63.80Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering41
FGM Summary
The First Trust Germany AlphaDEX Fund (FGM) is an ETF that focuses on German companies, aiming to give investors exposure to one of Europe's strongest economies. It uses a special strategy to pick stocks based on growth and value factors, rather than just following a traditional index. Some well-known companies in this ETF include Mercedes-Benz Group and Siemens Energy. Investors might consider FGM for diversification and the potential to benefit from Germany's industrial and innovation-driven economy. However, since it is heavily focused on Germany, its performance can be affected by economic changes in that country.
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
The First Trust Germany AlphaDEX Fund leans heavily on Germany’s industrial sector, with names like Hochtief and Siemens Energy driving steady performance thanks to robust earnings and optimistic guidance. AUTO1 Group SE is a standout, rising on strong revenue growth despite profitability concerns. However, some holdings, like Rheinmetall and BMW, are lagging due to bearish technical trends and valuation challenges, which weigh on the fund’s overall momentum. With its focus on Germany’s industrial and consumer cyclical sectors, this ETF offers concentrated exposure to Europe’s economic powerhouse but faces mixed results from its diverse stock selection.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Aurubis | 4.89% | $3.60M | €4.89B | 58.12% | 76 Outperform | |
| Hochtief | 4.71% | $3.47M | €19.22B | 121.55% | 68 Neutral | |
| RWE AG | 4.47% | $3.30M | €30.60B | 33.26% | 69 Neutral | |
| Mercedes-Benz Group | 4.24% | $3.12M | €52.62B | 2.59% | 73 Outperform | |
| AUTO1 Group SE | 4.22% | $3.11M | €6.61B | 233.71% | 54 Neutral | |
| Bayerische Motoren Werke Aktiengesellschaft | 4.15% | $3.06M | $55.78B | 16.64% | 63 Neutral | |
| Siemens Energy | 4.08% | $3.01M | $103.13B | 194.03% | 62 Neutral | |
| HENSOLDT AG | 3.80% | $2.80M | €11.09B | 201.29% | 65 Neutral | |
| Rheinmetall | 3.74% | $2.76M | €80.06B | 254.12% | 60 Neutral | |
| Nordex | 3.73% | $2.75M | €6.42B | 108.04% | 70 Outperform |
FGM Technical Analysis
Positive
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Price Trends
57.97
Positive
57.04
Positive
51.98
Positive
Market Momentum
0.04
Negative
55.39
Neutral
93.32
Negative
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 58.60, equal to the 50-day MA of 57.97, and equal to the 200-day MA of 51.98, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 55.39 is Neutral, neither overbought nor oversold. The STOCH value of 93.32 is Negative, 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
58.80
20.64
54.09%
EWG
iShares MSCI Germany ETF
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DAX
Global X DAX Germany ETF
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FEUZ
First Trust Eurozone AlphaDEX ETF
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EUDG
WisdomTree Europe Quality Dividend Growth Fund
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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.
Disclaimer
This 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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