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FJP - ETF AI Analysis
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First Trust Japan AlphaDEX Fund (FJP)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Solid Top Holdings
Many of the largest positions, such as Mitsui Kinzoku, Modec, and Sumitomo Metal Mining, have delivered strong year-to-date performance, helping support the fund’s returns.
Broad Sector Exposure Within Japan
Holdings spread across industrials, consumer cyclical, materials, technology, utilities, and other sectors help reduce the impact of weakness in any single industry.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
Heavy Concentration in Industrials
A large portion of the portfolio is in industrials, which increases the fund’s sensitivity to downturns in that specific sector.
Limited Geographic Diversification
With the vast majority of assets invested in Japan and only a small allocation to the U.S., the ETF is heavily exposed to the Japanese economy and currency.
FJP vs. SPDR S&P 500 ETF (SPY)
AUM244.91M
RegionAsia-Pacific
Expense Ratio0.80%
Beta0.79
IssuerFirst Trust
Inception DateApr 18, 2011
Dividend Yield2.24%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Japan Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume18,533
30 Day Avg. Volume10,564
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
81.30Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering99
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FJP Summary
The First Trust Japan AlphaDEX Fund (FJP) is an ETF that follows the NASDAQ AlphaDEX Japan Index, focusing on Japanese stocks chosen for their growth and value potential. It holds a wide mix of companies across many sectors, with a big tilt toward industrials and consumer-related businesses. Well-known names in the fund include Toyota Tsusho and Sumitomo Metal Mining. Someone might invest in FJP to diversify outside the U.S. and tap into the long-term growth of Japan’s stock market. A key risk is that the fund’s value can rise or fall sharply with the Japanese market and currency moves.
How much will it cost me?The First Trust Japan AlphaDEX Fund (FJP) 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 it is actively managed, using a specialized methodology to select stocks based on value and growth factors.
What would affect this ETF?The First Trust Japan AlphaDEX Fund (FJP) could benefit from Japan's ongoing economic recovery and growth in industrial and consumer cyclical sectors, which make up a significant portion of its holdings. However, potential risks include global economic slowdowns, fluctuations in energy prices affecting key holdings like INPEX, and regulatory changes in Japan that could impact industries such as utilities and transportation. Additionally, currency fluctuations between the yen and other major currencies could influence returns for international investors.
FJP Top 10 Holdings
FJP is very much a Japan story, and right now its industrial heavyweights are steering the ship. Construction names like Shimizu, Kajima, and Taisei have been rising, giving the fund a solid tailwind, while trading and industrial groups such as Toyota Tsusho and Kobe Steel are also pulling their weight. Materials plays like Mitsui Kinzoku and Sumitomo Metal Mining are more mixed, adding some bumpiness to the ride. With a clear tilt toward industrials and cyclical sectors and no overseas exposure, the fund’s fortunes are tightly tied to Japan’s economic pulse.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Mitsui Kinzoku Co | 1.88% | $4.63M | ¥1.34T | 411.48% | 69 Neutral | |
| Kajima | 1.87% | $4.61M | ¥3.74T | 146.75% | 71 Outperform | |
| Shimizu | 1.87% | $4.60M | ¥2.35T | 79.77% | 69 Neutral | |
| Modec | 1.86% | $4.58M | ¥1.06T | 461.59% | 67 Neutral | |
| Sumitomo Metal Mining Co | 1.82% | $4.49M | ¥2.81T | 153.50% | 57 Neutral | |
| TAISEI | 1.79% | $4.40M | ¥3.05T | 189.87% | 74 Outperform | |
| Toyota Tsusho | 1.77% | $4.37M | ¥6.99T | 164.83% | 77 Outperform | |
| NGK Insulators | 1.75% | $4.31M | ¥1.17T | 88.15% | 73 Outperform | |
| INPEX | 1.74% | $4.29M | ¥4.60T | 85.12% | 79 Outperform | |
| Marubeni | 1.61% | $3.97M | ¥10.36T | 167.34% | 71 Outperform |
FJP Technical Analysis
Positive
―
Price Trends
69.76
Positive
67.30
Positive
63.22
Positive
Market Momentum
2.56
Negative
80.04
Negative
94.82
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FJP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 72.90, equal to the 50-day MA of 69.76, and equal to the 200-day MA of 63.22, indicating a bullish trend. The MACD of 2.56 indicates Negative momentum. The RSI at 80.04 is Negative, neither overbought nor oversold. The STOCH value of 94.82 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FJP.
FJP Peer Comparison
Comparison Results
Performance Comparison
FJP
First Trust Japan AlphaDEX Fund
80.28
27.36
51.70%
EWJV
iShares MSCI Japan Value ETF
―
―
―
DBJP
Xtrackers MSCI Japan Hedged Equity ETF
―
―
―
OPPJ
WisdomTree Japan Opportunities Fund
―
―
―
JPXN
iShares Japan Large-Cap
―
―
―
FLJH
Franklin FTSE Japan Hedged 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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