The First Trust Eurozone AlphaDEX UCITS ETF, trading under the ticker FTDPF, is a dynamic investment vehicle designed to capture the diverse opportunities within the Eurozone's total market. This ETF employs the innovative AlphaDEX methodology, which goes beyond traditional market-cap weighting by using a series of quantitative screens to select stocks based on growth and value factors. This strategic approach aims to enhance returns by dynamically adjusting its stock selection to reflect the evolving economic landscape of the Eurozone.
Categorized under 'Size and Style,' FTDPF focuses on providing investors with a comprehensive exposure to the total market, while its broad-based niche ensures a diversified portfolio that spans across various sectors and industries within Eurozone countries. This ETF is particularly appealing for investors seeking a balanced blend of growth and value stocks, optimized for both risk and return potential.
The First Trust Eurozone AlphaDEX UCITS ETF is an ideal choice for investors looking to diversify their portfolio with a sophisticated, rules-based strategy that seeks to outperform traditional indices. By focusing on the Eurozone, this ETF offers targeted exposure to one of the world's most significant economic regions, making it a compelling option for those aiming to leverage regional growth prospects while maintaining a broad market perspective.
First Trust Eurozone AlphaDEX UCITS ETF (FTDPF) Fund Flow Chart
First Trust Eurozone AlphaDEX UCITS ETF (FTDPF) 1 year Net Flows: -$35M