First Trust International Equity Opportunities ETF
The First Trust International Equity Opportunities ETF, denoted by the ticker FPXI, is an innovative investment vehicle designed to capture the growth potential of international markets by focusing on newly public companies. This ETF strategically targets the total market category, providing a comprehensive approach to global equity exposure. As a broad-based niche fund, FPXI is meticulously crafted to include a diversified array of stocks from companies outside the United States that have recently undergone initial public offerings (IPOs). This focus on international IPOs positions the ETF to capitalize on the dynamic expansion and innovation trends often exhibited by newly public firms. By investing in FPXI, investors gain access to a portfolio that is not only geographically diverse but also concentrated on the burgeoning opportunities presented by fresh market entrants. This unique concentration on international equity opportunities offers investors a compelling way to enhance their portfolios with exposure to potential high-growth sectors and regions around the globe.
First Trust International Equity Opportunities ETF (FPXI) Fund Flow Chart
First Trust International Equity Opportunities ETF (FPXI) 1 year Net Flows: -$48M