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First Trust IPOX Europe Equity Opportunities (FPXE)Overvalued or undervalued?
Look-through valuation · Country · Expense ratio 0.70 % · ISIN US33734X7883
Price history (since 2018)
Monthly close since 2018. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Technoprobe SpA TPRO | 7.5 % | −72.6 % | 65 |
| Roche Holding AG ROP | 6.7 % | n/a | n/a |
| BAWAG Group AG BG | 6.7 % | −34.2 % | 59 |
| Swedish Orphan Biovitrum AB (publ) SOBI | 6.0 % | +9.0 % | 58 |
| Nordnet AB SAVE | 5.7 % | −25.5 % | 59 |
| Ascendis Pharma AS ASND | 5.3 % | −84.8 % | 55 |
| Arm Holdings plc American Depositary Shares ARM | 5.1 % | −82.6 % | 67 |
| Lottomatica Group S.p.A. LTMC | 4.7 % | +10.8 % | 63 |
| Andritz AG ANDR | 3.1 % | −0.1 % | 60 |
| Rio Tinto PLC RIO | 2.4 % | n/a | n/a |
| Sandoz Group AG SDZ | 2.3 % | −45.1 % | 56 |
| Noble Corporation plc NE | 2.1 % | +6.3 % | 45 |
| Banco Bpm SpA BAMI | 2.1 % | +2.0 % | 38 |
| BP PLC ADR BP | 1.9 % | n/a | n/a |
| Optima bank S.A. C59 | 1.8 % | n/a | n/a |
| Prysmian SpA PRY | 1.7 % | −43.2 % | 53 |
| CMB.TECH NV CMBT | 1.7 % | n/a | n/a |
| Banca Generali S.p.A. BGN | 1.6 % | −45.2 % | 42 |
| GlaxoSmithKline PLC ADR GSK | 1.5 % | +16.2 % | 73 |
| Galderma Group N GALD | 1.5 % | −35.4 % | 66 |
| The Magnum Ice Cream Company N.V. MICC | 1.3 % | n/a | n/a |
| Viking Holdings Ltd VIK | 1.2 % | +6.2 % | 63 |
| Siriuspoint Ltd SPNT | 1.1 % | +48.8 % | 61 |
| Vodafone Group PLC VOD | 1.1 % | +200.0 % | 55 |
| Var Energi ASA VAR | 1.1 % | +18.2 % | 57 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 49 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +76.9 % below FV
- 2 MCHI iShares MSCI China ETF +41.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +37.1 % below FV
- 4 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.2 % below FV
- 5 VOX Vanguard Communication Services Index Fund ETF Shares +21.5 % below FV
- 6 XLC Communication Services Select Sector SPDR® Fund +20.6 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.1 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +15.2 % below FV
- 9 SHRY First Trust Bloomberg Shareholder Yield ETF +14.6 % below FV
- 10 TAN Invesco Solar ETF +14.5 % below FV
Frequently asked about FPXE
Is FPXE overvalued?
What is the fair value of FPXE?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of FPXE?
What is the expense ratio of FPXE?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust IPOX Europe Equity Opportunities ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 15, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.