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FAEU

$--
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1d
1w
1m

Analysis and statistics

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About

The ETF with the symbol FAEU.XETRA refers to the First Trust AlphaDEX Europe Equity UCITS ETF. This ETF aims to replicate, before fees and expenses, the AlphaDEX Europe Index. The AlphaDEX index employs a fundamentally driven methodology to select and weight European equities based on growth factors, including three-year sales growth, sales to price ratio, and one-year sales growth, as well as value factors, including book value to price ratio, cash flow to price ratio, and return on assets. The ETF is listed on the XETRA exchange, and it provides investors with exposure to a portfolio of potentially outperforming European equities identified through First Trust's proprietary AlphaDEX methodology.
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Factors

FAEU.XETRA Price Drivers: Underlying Asset Value: FAEU tracks euro-denominated corporate bonds, thus bond prices directly impact its value. Interest Rate Changes: Rising interest rates generally decrease bond values, and consequently FAEU's price. Credit Spreads: Widening spreads (difference between corporate and government bond yields) lower FAEU's price due to perceived risk. Market Sentiment: Overall investor optimism or pessimism towards corporate bonds influences demand and price. Euro Exchange Rate: Fluctuations in the euro's value, particularly against the fund's base currency, impact returns for non-euro investors.

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