First Trust Japan Etf Profile
| FJP Etf | USD 53.17 1.58 3.06% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Trust is selling at 53.17 as of the 30th of November 2024; that is 3.06 percent increase since the beginning of the trading day. The etf's last reported lowest price was 52.52. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Trust Japan are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks, depositary receipts, real estate investment trusts and preferred shares that comprise the index. Japan Alphadex is traded on NASDAQ Exchange in the United States. More on First Trust Japan
Moving together with First Etf
| 0.91 | EWJ | iShares MSCI Japan | PairCorr |
| 0.76 | BBJP | JPMorgan BetaBuilders Low Volatility | PairCorr |
| 0.91 | FLJP | Franklin FTSE Japan | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [First Trust Global Funds Public Limited Company - First Trust Japan AlphaDEX UCITS ETF, First Trust Global Funds Public Limited Company - First Trust Indxx NextG UCITS ETF, F&J Prince Holdings Corp, First Trust Exchange-Traded AlphaDEX Fund II - First Trust Japan AlphaDEX Fund] |
| Business Concentration | Size And Style ETFs, Broad Equity ETFs, Japan Stock, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2011-04-18 |
| Benchmark | Nasdaq AlphaDEX Japan Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 192.18 Million |
| Average Trading Valume | 8,567.7 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Size and Style |
| Market Concentration | Developed Markets |
| Region | Asia-Pacific |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NASDAQ |
| Number of Constituents | 101 |
| Market Maker | Susquehanna |
| Total Expense | 0.8 |
| Management Fee | 0.8 |
| Country Name | USA |
| Returns Y T D | 3.69 |
| Name | First Trust Japan AlphaDEX Fund |
| Currency Code | USD |
| Open Figi | BBG001MKPY33 |
| In Threey Volatility | 16.37 |
| 1y Volatility | 11.58 |
| 200 Day M A | 52.6461 |
| 50 Day M A | 52.5534 |
| Code | FJP |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
First Trust Japan [FJP] is traded in USA and was established 2011-04-18. The fund is classified under Japan Stock category within First Trust family. The entity is thematically classified as Size And Style ETFs. First Trust Japan currently have 28.25 M in assets under management (AUM). , while the total return for the last 3 years was 4.2%.
Check First Trust Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Japan Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top First Trust Japan Etf Constituents
| THYCF | Taiheiyo Cement | Pink Sheet | Building Materials | |
| TOSCF | Tosoh | Pink Sheet | US Pink Sheet | |
| MSADF | MSAD Insurance Group | Pink Sheet | Insurance—Property & Casualty | |
| MZDAF | Mazda Motor | Pink Sheet | Auto Manufacturers | |
| CJPRF | Central Japan Railway | Pink Sheet | Railroads | |
| HNDAF | Honda Motor Co | Pink Sheet | Auto Manufacturers | |
| ITTOF | ITOCHU Techno Solutions | Pink Sheet | Information Technology Services | |
| JPNRF | Japan Airlines Co | Pink Sheet | US Pink Sheet |
First Trust Japan Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0147 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.08) |
First Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Japan. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of First Trust Japan is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.