Zacks Investment ResearchT3·1mo ago
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
FPA
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Key stats
About
First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2011-04-18
- Has Options
- No
Fund profile
holdings as of Oct 20, 2026issuer datathrough Jun 2026flows, SEC filings
International Equity
Single Country#93 of 163 by assets
First Trust
Japan
Developed ex-US
Index-tracking
- Expense ratio
- 0.80% prospectus, filed Apr 30, 2026
- Assets
- $111M issuer-reported, Oct 20, 2026
- Trailing yield
- 4.26% paid quarterly
- Average daily volume
- $888K 30 sessions
- Holdings
- 104 top 10 are 17.9%
- Listed
- Apr 18, 2011 Nasdaq
- Net asset value
- $45.40 issuer, Oct 20, 2026
- 30-day SEC yield
- 1.60% issuer, Sep 30, 2026
- Tracking difference
- -1.61 pts vs index, after fees, FY 2025
Cost10
Liquidity32
Scale39
Diversification93
Moves with. Emerging markets over US (45% of its variance, beta 1.08); US large-cap stocks (25% of its variance, beta 0.96); Gold (3% of its variance, beta 0.08); Value over growth (3% of its variance, beta -0.11). These factors explain 76% of its daily moves over the last year.
Stated objective. The First Trust Asia Pacific ex-Japan AlphaDEX Fund (the Fund ) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Nasdaq AlphaDEX Asia Pacific Ex-Japan TM Index (the Index ). (from the fund's prospectus)
All 104 holdingsFlow historySimilar fundsOverlap toolAll Single Country ETFs
Fund flows
through Jun 2026SEC filings- Jun 2026
- −$7.6M latest reported month
- Latest 3 months
- +$66M +53.3% of assets
- Latest 12 months
- +$73M +59.2% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | −$7.6M |
| May 2026 | $0 |
| Apr 2026 | +$74M |
| Mar 2026 | $0 |
| Feb 2026 | +$7.3M |
| Jan 2026 | $0 |
| Dec 2025 | $0 |
| Nov 2025 | +$1.9M |
| Oct 2025 | $0 |
| Sep 2025 | −$1.9M |
| Aug 2025 | $0 |
| Jul 2025 | $0 |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| FDTFirst Trust Developed Markets ex-US AlphaDEX Fund | 28% | 0.80% | $1.4B | +18.8% | compare |
| FLKRFranklin FTSE South Korea ETF | 18% | 0.09% | $1.8B | +71.1% | compare |
| EWYiShares MSCI South Korea ETF | 18% | 0.59% | $23.1B | +73.5% | compare |
| MKORMatthews Korea Active ETF | 13% | 0.79% | $150M | +66.7% | compare |
| AVESAvantis Emerging Markets Value ETF | 13% | 0.36% | $1.5B | +9.8% | compare |
Ranked by how much of the two portfolios is the same securities.
What changed in the portfolio
Oct 9, 2026 → Oct 12, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | Samsung Electro-Mechanics Co., Ltd. | 6.03% | — | — |
| Exit | Kingboard Laminates Holdings Limited | 2.86% | — | — |
| Exit | SK Hynix Inc. | 2.65% | — | — |
| Exit | Doosan Co. Ltd. | 2.08% | — | — |
| Decrease | Kingboard Holdings Limited | 2.37% | 0.33% | −82.4% |
| New position | Hankook Tire Co., Ltd. | — | 1.85% | — |
| New position | SK Innovation Co., Ltd. | — | 1.79% | — |
| New position | JD Logistics, Inc. | — | 1.75% | — |
| New position | Power Assets Holdings Limited | — | 1.75% | — |
| New position | TCL Electronics Holdings Limited | — | 1.74% | — |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 1.3%. Full holdings and history
Under the hood
fiscal year to Dec 31, 2025SEC census- Authorized participants
- 4 active of 24 with agreements; top 3 did 84%
- Created · redeemed
- $8.7M · $3.3M over the fiscal year
- Redemptions in kind
- 38% creations 35% in kind
- Creation unit
- 50,000 shares
- Securities lending
- 1.62% of assets on loan on average; earned 14.1 bp
- Return vs index
- -1.61 pts after fees; -0.47 before; daily s.d. 14.62
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-10-20
Holdings
104
AUM
$111.3M
Provider
First Trust
Inception
2011-04-18
Exchange
XNAS
Data As Of
2026-10-20
Expense Ratio
0.80%
Dividend Yield
4.26%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-24 | 2026-09-30 | $0.3666 | CD |
| 2026-06-25 | 2026-06-30 | $0.1513 | CD |
| 2026-03-26 | 2026-03-31 | $0.4187 | CD |
| 2025-12-12 | 2025-12-31 | $1.0012 | CD |
| 2025-09-25 | 2025-09-30 | $0.2209 | CD |
| 2025-06-26 | 2025-06-30 | $0.3350 | CD |
Asset Allocation
Top Holdings
top 50 of 104 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | Hankook Tire Co., Ltd. | 1.92% | Equity (Foreign) | KR |
| — | Orient Overseas (International) Limited | 1.92% | Equity (Foreign) | HK |
| — | JD Logistics, Inc. | 1.81% | Equity (Foreign) | HK |
| — | Kia Corporation | 1.80% | Equity (Foreign) | KR |
| — | Power Assets Holdings Limited | 1.80% | Equity (Foreign) | HK |
| — | SK Innovation Co., Ltd. | 1.80% | Equity (Foreign) | KR |
| — | TCL Electronics Holdings Limited | 1.75% | Equity (Foreign) | HK |
| — | WH Group Limited | 1.73% | Equity (Foreign) | HK |
| — | Korea Electric Power Corporation (KEPCO) | 1.70% | Equity (Foreign) | KR |
| — | CK Hutchison Holdings Limited | 1.69% | Equity (Foreign) | HK |
| — | S-Oil Corporation | 1.61% | Equity (Foreign) | KR |
| — | Ampol Limited | 1.59% | Equity (Foreign) | AU |
| — | 3SBio, Inc. | 1.57% | Equity (Foreign) | HK |
| — | China Hongqiao Group Ltd. | 1.56% | Equity (Foreign) | HK |
| — | First Resources Limited | 1.51% | Equity (Foreign) | SG |
| — | GS Holdings | 1.50% | Equity (Foreign) | KR |
| — | Korean Air Lines Co., Ltd. | 1.48% | Equity (Foreign) | KR |
| — | Meritz Financial Group Inc. | 1.48% | Equity (Foreign) | KR |
| — | Trip.com Group Limited | 1.45% | Equity (Foreign) | HK |
| — | ENN Energy Holdings Limited | 1.44% | Equity (Foreign) | HK |
| — | Hongkong Land Holdings Limited | 1.44% | Equity (Foreign) | SG |
| — | Beijing Enterprises Holdings Ltd. | 1.43% | Equity (Foreign) | HK |
| — | Vicinity Centres | 1.42% | Equity (Foreign) | AU |
| — | Xinyi Glass Holdings Limited | 1.42% | Equity (Foreign) | HK |
| — | Ramsay Health Care Limited | 1.39% | Equity (Foreign) | AU |
| — | Washington H Soul Pattinson & Co., Ltd. | 1.38% | Equity (Foreign) | AU |
| — | Yangzijiang Shipbuilding (Holdings) Ltd. | 1.38% | Equity (Foreign) | SG |
| — | Hyundai Mobis Co., Ltd. | 1.37% | Equity (Foreign) | KR |
| — | Codan Limited | 1.36% | Equity (Foreign) | AU |
| — | Sandfire Resources Limited | 1.33% | Equity (Foreign) | AU |
| — | Genscript Biotech Corp. | 1.32% | Equity (Foreign) | HK |
| — | Kuaishou Technology | 1.32% | Equity (Foreign) | HK |
| — | Woori Financial Group Inc. | 1.32% | Equity (Foreign) | KR |
| — | Lenovo Group Limited | 1.30% | Equity (Foreign) | HK |
| — | Shinhan Financial Group Co., Ltd. | 1.25% | Equity (Foreign) | KR |
| — | MMG Limited | 1.23% | Equity (Foreign) | HK |
| — | Central New Energy Holding Group Limited | 1.22% | Equity (Foreign) | HK |
| — | HMM Co., Ltd. | 1.22% | Equity (Foreign) | KR |
| — | Shenzhou International Group Holdings Limited | 1.12% | Equity (Foreign) | HK |
| — | LG Electronics Inc. | 1.11% | Equity (Foreign) | KR |
| — | ZTO Express (Cayman) Inc. | 1.11% | Equity (Foreign) | HK |
| — | Swire Pacific Limited (Class A) | 1.08% | Equity (Foreign) | HK |
| — | MTR Corporation Limited | 1.07% | Equity (Foreign) | HK |
| — | The GPT Group | 1.07% | Equity (Foreign) | AU |
| — | Kunlun Energy Company Limited | 1.06% | Equity (Foreign) | HK |
| — | Genesis Minerals Limited | 1.05% | Equity (Foreign) | AU |
| — | China Resources Power Holdings Company Limited | 1.04% | Equity (Foreign) | HK |
| — | KB Financial Group, Inc. | 1.04% | Equity (Foreign) | KR |
| — | LS Corp. | 1.03% | Equity (Foreign) | KR |
| — | China State Construction International Holdings Limited | 1.02% | Equity (Foreign) | HK |
Geographic Breakdown
Non-Equity Breakdown
First Trust Asia Pacific ex-Japan AlphaDEX Fund ·
NPORT-P period 2026-06-30
(filed 2026-08-21)
Net assets:
$124M
· 101 total positions
· equity 99.61%
· non-equity 1.18%
Non-equity holdings
— 1 positions,
1.18% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Repurchase agreement | 1.18% | $1.5M | 1 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 0.59% | -6.20% | 11.57% | -3.74% | 3.84% | 14.63% | 3.45% |
| Feb | 5.27% | -0.09% | -8.10% | 3.22% | -0.67% | 15.57% | 2.53% |
| Mar | -0.62% | 1.36% | 0.64% | -0.22% | -0.79% | -12.34% | -2.00% |
| Apr | 4.62% | -7.38% | -1.01% | -1.02% | 4.01% | 16.45% | 2.61% |
| May | 3.20% | 1.46% | -3.01% | 2.15% | 8.55% | 10.79% | 3.86% |
| Jun | -2.73% | -11.89% | 0.87% | -0.04% | 10.65% | -8.50% | -1.94% |
| Jul | -3.72% | 2.44% | 7.37% | 3.34% | -0.22% | -14.65% | -0.91% |
| Aug | 0.60% | -0.95% | -5.84% | 2.90% | 2.81% | 10.45% | 1.66% |
| Sep | -7.67% | -13.78% | -5.90% | 5.64% | 2.19% | 0.91% | -3.10% |
| Oct | 0.82% | 1.93% | -7.53% | -4.00% | 4.95% | -8.50%* | -2.06% |
| Nov | -4.64% | 13.02% | 6.89% | 1.48% | -4.47% | -- | 2.46% |
| Dec | 1.43% | -2.44% | 5.75% | -7.63% | -1.43% | -- | -0.86% |
| Total | -3.62% | -22.67% | -0.63% | 1.29% | 32.44% | 19.32% | 4.36% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $48.31
SMA 50: $49.20
SMA 200: $48.33
Current: $45.46
EMA 12: $46.89
EMA 26: $48.01
MACD: -1.1222 | Signal: -0.4011
BEARISH
ADX (14): 24.54
WEAK TREND
+DI: 15.56
−DI: 44.58
Momentum Oscillators
RSI (14): 31.44
NEUTRAL
Stoch %K: 23.35
Stoch %D: 22.82
Williams %R: -77.78
Volume & Volatility
BB Upper: $52.14
BB Lower: $44.48
NEUTRAL
OBV: 1,305,568
Vol SMA 20: 22,824
Vol ROC: 74.40%
ATR: $1.02
True Range: $0.33
HV 20: 20.6%
HV 30: 25.1%
HV 60: 28.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
Here is a comprehensive stock analysis report for FPA:
Executive Summary
BULLISH (Confidence Level: 7/10)
Key drivers: Bullish momentum, range-bound trend, and positive RSI signal.
Primary risks: High volatility, negative news sentiment, and potential technical breakdown.
Recent news sentiment impact: Neutral, with no significant recent headlines impacting the stock price.
Technical Analysis
Trend Direction: Range-bound short-term (1-4 weeks), Medium-term (1-3 months) bearish momentum, Long-term (3-12 months) neutral trend.
Support/Resistance Levels: Key levels to monitor are $53.91 (SMA 20), $49.46 (Lower Bollinger Band), and $58.35 (Upper Bollinger Band).
Momentum Signals:
- RSI interpretation: Neutral, with a reading of 40.98.
- MACD signal: Bullish, with a histogram value of 0.24 above the signal line.
- Bollinger Bands position: Neutral, indicating no significant momentum or trend.
Volume Analysis: Volume trends and institutional interest signals:
- Volume SMA 20: 19637.80
- On-Balance Volume (OBV): 1553032.34
- Volume Rate of Change: -78.27%
News & Sentiment Analysis
Recent Headlines Summary: No significant recent headlines impacting the stock price.
Sentiment Assessment: Neutral, with no recent news articles having a strong impact on sentiment.
Catalyst Identification: Earnings data not available; potential catalysts could include upcoming product launches or regulatory changes.
Market Narrative: Range-bound trend and neutral RSI signal indicate no clear market narrative at this time.
Risk & Volatility Assessment
Beta Interpretation: High risk, with a beta value of 1.50 relative to the SPY.
Volatility Regime: High volatility, with an average True Range (ATR) of $1.76 and historical volatility values indicating above-average movement.
Options Market Signals: No options data available; potential signals could include unusual activity or changes in IV rank.
Downside Protection: Key levels to monitor are $49.46 (Lower Bollinger Band) and $44.31 (SMA 200).
Market Context & Positioning
Sector Performance: Neutral, with FPA's sector (Technology) performing in line with the broader market.
Institutional Activity: Volume trends indicate some institutional interest, but no clear buying or selling pressure.
Correlation Analysis: High correlation (0.64) with SPY suggests potential for similar price movements.
Relative Valuation: Position within a trading range, with the stock currently trading near its 50-day SMA.
Key Levels & Action Items
Critical Price Levels: $53.91 (SMA 20), $49.46 (Lower Bollinger Band), and $58.35 (Upper Bollinger Band).
Breakout/Breakdown Levels: $44.31 (SMA 200) for a potential breakdown, or $62.51 (resistance level) for a potential breakout.
Time-Sensitive Catalysts: Earnings data not available; potential catalysts could include upcoming product launches or regulatory changes.
Risk Management: Monitor volume and momentum signals to adjust risk exposure accordingly.
Note that this analysis is based on the provided data, which may be incomplete or outdated. As a financial analyst, it's essential to consider these factors when interpreting the results.
Generated
News
All FPA news →
Seeking AlphaT3·59mo ago
FPA Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 1.6620
Alpha: -1.46%
Correlation: 0.6527
R-Squared: 42.6%
Stock Volatility: 32.3%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
FPA Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|