FGM - ETF AI Analysis
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First Trust Germany AlphaDEX Fund (FGM)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Performance From Key Holdings
Several of the largest positions, such as Delivery Hero and Aurubis, have shown strong gains this year, helping support the fund’s overall results.
Focused Exposure to German Market
The ETF is heavily invested in German companies, giving investors targeted access to Germany’s stock market and its mix of industrial, consumer, and general businesses.
Healthy Asset Base
The fund manages a meaningful level of assets, which can help support liquidity and ongoing fund operations for investors.
Negative Factors
Mixed Performance Among Top Holdings
Some major positions like Porsche and BMW have been weak this year, which has weighed on the ETF’s recent performance.
High Country Concentration
With almost all assets in Germany and very little in other regions, investors are heavily exposed to economic and market risks specific to Germany.
Relatively High Expense Ratio
The fund’s fee is on the higher side for an ETF, which means more of the returns are eaten up by costs over time.
FGM vs. SPDR S&P 500 ETF (SPY)
AUM97.20M
RegionEurope
Expense Ratio0.80%
Beta0.86
IssuerFirst Trust
Inception DateFeb 14, 2012
Dividend Yield1.38%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Germany Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,320
30 Day Avg. Volume6,077
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
76.76Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering40
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FGM Summary
FGM, the First Trust Germany AlphaDEX Fund, is an ETF that follows the NASDAQ AlphaDEX Germany Index, focusing mainly on German companies. It uses a rules-based approach to pick stocks it believes have strong growth or good value, rather than just tracking the largest firms. The fund holds well-known names like BMW and Porsche, along with companies in consumer, industrial, and general sectors. Investors might consider FGM to diversify into Germany, one of Europe’s key economies, with potential for long-term growth. A key risk is that it can rise or fall sharply with the German stock market.
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 essentially a bet on Germany’s industrial and consumer backbone, with autos and materials setting the tone. Delivery Hero is rising and gives the fund a splash of growth, but Porsche and BMW have been lagging, acting like a headwind for the auto-heavy mix. Aurubis and thyssenkrupp are steadier bright spots, helping offset some of that drag, while Vonovia’s weak momentum keeps the real estate side under pressure. With all major holdings rooted in Germany, this ETF is tightly tied to the country’s economic ups and downs.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Porsche Automobil Holding | 4.49% | $4.45M | €8.90B | -17.24% | 55 Neutral | |
| Bayerische Motoren Werke Aktiengesellschaft | 4.36% | $4.31M | $42.02B | -30.98% | 71 Outperform | |
| Delivery Hero SE | 4.32% | $4.28M | €11.49B | 42.60% | 50 Neutral | |
| Aurubis | 4.18% | $4.14M | €7.66B | 105.25% | 74 Outperform | |
| Vonovia | 4.04% | $4.00M | €17.88B | -22.81% | 56 Neutral | |
| Schaeffler | 3.97% | $3.93M | €7.28B | 54.56% | 52 Neutral | |
| thyssenkrupp | 3.87% | $3.83M | €7.43B | 18.05% | 59 Neutral | |
| Deutsche Lufthansa | 3.76% | $3.72M | €10.69B | 20.31% | 76 Outperform | |
| Fresenius Medical Care AG & Co. KGaA | 3.72% | $3.68M | €11.58B | -0.65% | 64 Neutral | |
| Hochtief | 3.63% | $3.59M | €32.35B | 131.72% | 69 Neutral |
FGM Technical Analysis
Positive
―
Price Trends
63.44
Negative
62.82
Positive
62.33
Positive
Market Momentum
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 62.88, equal to the 50-day MA of 63.44, and equal to the 200-day MA of 62.33, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, 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
63.24
9.06
16.72%
EWG
iShares MSCI Germany ETF
―
―
―
DAX
Global X DAX Germany ETF
―
―
―
FLSW
Franklin FTSE Switzerland ETF
―
―
―
DBEZ
Xtrackers MSCI Eurozone Hedged Equity ETF
―
―
―
FLGR
Franklin FTSE Germany ETF
―
―
―
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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