FPXE vs IPO
First Trust IPOX Europe Equity Opportunities ETF against Renaissance IPO ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
14%
5 shared positions
Fee gap
10 bp
IPO is cheaper
1-year return gap
5.0 pts
IPO is ahead
Larger fund
IPO
$149M
Side by side
| FPXE | IPO | |
|---|---|---|
| Fund | First Trust IPOX Europe Equity Opportunities ETF | Renaissance IPO ETF |
| Issuer | First Trust | Renaissance |
| Category | Europe | IPOs & Special Situations |
| Expense ratio | 0.70% | 0.60% |
| Assets | $4.7M | $149M |
| Average daily dollar volume | $13K | $746K |
| Listed | Oct 4, 2018 | Oct 16, 2013 |
| FrenzyCap score | 21 | 38 |
| 1-month return | −3.6% | +3.2% |
| 3-month return | −5.1% | −4.3% |
| Year to date | +0.7% | +16.9% |
| 1-year return | −1.8% | +3.2% |
| 30-day volatility | 18.0% | 25.8% |
| Worst drawdown, 1 year | −13.4% | −24.0% |
| Trailing 12-month yield | 1.80% | 0.12% |
| Holdings | 103 | 54 |
| Top 10 weight | 42.2% | 59.5% |
| Look-through P/E | — | 381.1 |
| Holdings vs fair value | — | +9.8% |
| Holdings above 200-day average | — | 48% |
| Net flow, latest 3 reported months | $0 thru Jun 2026 | +$11M thru Jun 2026 |
| 30-day implied volatility | 22.4% | 31.8% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
15% of FPXE · 17% of IPO| Holding | FPXE | IPO |
|---|---|---|
| ARM | 9.21% | 8.71% |
| VIKING HOLDINGS LTD | 4.00% | 5.21% |
| AMER SPORTS INC | 1.05% | 1.75% |
| KLARNA GROUP PLC | 0.31% | 1.16% |
| BIRKENSTOCK HOLDING PLC | 0.25% | 0.48% |
Sector mix of the stock holdings
| Sector | FPXE | IPO | Gap |
|---|---|---|---|
| Technology | 12.1% | 48.2% | −36.0% |
| Industrials | 0.0% | 18.0% | −18.0% |
| Health Care | 1.6% | 11.0% | −9.5% |
| Financials | 0.0% | 6.6% | −6.6% |
| Real Estate | 0.0% | 4.0% | −4.0% |
| Utilities | 0.0% | 3.1% | −3.1% |
| Energy | 1.3% | 0.0% | +1.3% |
| Consumer Staples | 0.0% | 0.3% | −0.3% |
More: full overlap table · FPXE holdings · IPO holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.