First Trust Germany AlphaDEX Fund (FGM)
| Assets | $72.92M |
| Expense Ratio | 0.80% |
| PE Ratio | 14.01 |
| Shares Out | 1.25M |
| Dividend (ttm) | $0.41 |
| Dividend Yield | 0.69% |
| Ex-Dividend Date | Jun 26, 2025 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 9.81% |
| Volume | 1,110 |
| Open | 59.20 |
| Previous Close | 58.77 |
| Day's Range | 58.80 - 59.20 |
| 52-Week Low | 35.98 |
| 52-Week High | 60.68 |
| Beta | 1.01 |
| Holdings | 45 |
| Inception Date | Feb 14, 2012 |
About FGM
Fund Home PageThe First Trust Germany AlphaDEX Fund (FGM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Germany index. The fund tracks a tiered equal-weighted index of 40 companies selected from the S&P Germany BMI based on the S&P's AlphaDex selection methodology. FGM was launched on Feb 14, 2012 and is issued by First Trust.
Top 10 Holdings
42.17% of assets| Name | Symbol | Weight |
|---|---|---|
| Aurubis AG | NDA | 4.90% |
| HOCHTIEF Aktiengesellschaft | HOT | 4.80% |
| RWE Aktiengesellschaft | RWE | 4.45% |
| AUTO1 Group SE | AG1 | 4.27% |
| Mercedes-Benz Group AG | MBG | 4.24% |
| Bayerische Motoren Werke Aktiengesellschaft | BMW | 4.21% |
| Siemens Energy AG | ENR | 4.09% |
| Hensoldt AG | HAG | 3.83% |
| Rheinmetall AG | RHM | 3.76% |
| Dr. Ing. h.c. F. Porsche AG | P911 | 3.61% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.375 | Jun 30, 2025 |
| Dec 13, 2024 | $0.033 | Dec 31, 2024 |
| Jun 27, 2024 | $0.800 | Jun 28, 2024 |
| Dec 22, 2023 | $0.3994 | Dec 29, 2023 |
| Jun 27, 2023 | $0.6969 | Jun 30, 2023 |
| Dec 23, 2022 | $0.2014 | Dec 30, 2022 |
Performance
FGM had a total return of 52.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.10%.
News
FGM: In Good Nick This Year, But Not A Compelling Buy Now
FGM, an inconspicuous ETF that uses an enhanced methodology to cover 40 German stocks, is trouncing other developed market stocks and global stocks this year. FGM is far from perfect, and this can be ...
Why ETF investors are betting on defense sector gains
In the latest installment of Yahoo Finance's ETF Report, Invesco's Nasdaq 100 ETF and the iShares Russell 2000 ETF are seeing some recovery from April's tariff-induced sell-offs. CFRA Research head of...
European Stock Markets Surge As U.S. Stock Market Sags
Plans to increase defense and infrastructure spending offer compelling economic benefits for Germany's lagging manufacturing sector. The US seems to be dramatically reducing spending through its Depar...
Cooling Of German Labor Market Continues In September
The gradual cooling of the German labour market continues, providing further arguments for the European Central Bank doves to put an October rate cut back on the table. Recruitment plans in both indus...
German Industrial Disappointment Continues
German industry disappointed in May, indicating that the entire economy could have fallen back into negative territory in the second quarter. Industrial production dropped by 2.5% month-on-month in Ma...
Inflation Slows Further As Economic Growth Wanes: Our Key Takeaways From The Eurozone Flash PMI
The deteriorating eurozone growth trend was led by France, which saw output fall for a second consecutive month and at the fastest rate for five months. Fueling the manufacturing downturn was a steepe...
Stronger Growth And Lower Inflation: Our Key Takeaways From The Eurozone Flash PMI
Business activity in the euro area rose for a third successive month in May, the rate of growth accelerating to a one-year-high. Price pressures cooled, with services sector inflation - the recent sti...
Eurozone Flash PMI Shows Economy Close To Stabilising In March, Price Pressures Ease
Business activity in the euro area came close to stabilising in March, as provisional PMI® survey data registered only a marginal decline in output of goods and services.
German Industrial Production Plunges Again
Industrial production plunged again, ending the year 2023 at some 10% below pre-pandemic levels, but we are seeing the very first signs of light at the end of a long tunnel. The sharp drop in both exp...
The German DAX Has Hit An All-Time High In December And This Is Why
The German DAX Has Hit An All-Time High In December And This Is Why
There Could Be A Simple Explanation For The Dax Moonshot Move
The German stock market has gone parabolic in an exceptionally strong move, after meandering over the summer months with sub-par economic releases. The surface reason for this division is that the vas...
Germany's Economic Health Check Shows Further Signs Of Weakness
The debate over whether Germany is emerging as the 'sick man of Europe' again has picked up steam once again over the summer. In our view, the answer is a resounding yes.
German Industrial Production Goes From Bad To Worse
German industrial production continues to decline, with a 0.8% drop in July and a 2.1% drop for the year. Energy-intensive sectors saw a decrease of 0.6% in July and are down over 11% for the year.
German Stagnation In The Second Quarter Confirmed
The second estimate of second-quarter GDP growth confirms the stagnation of Europe's largest economy and will do very little to end the 'sick man of Europe' debate. According to the just-released data...
The German Economy Is In A 'Slowcession' And Needs A New Reform Agenda
Another drop in Germany's most prominent leading indicator, the Ifo index, confirms that the economy is back on a downward trend before any upward trend had actually started. The optimism at the start...
Eurozone Flash PMI Signals Cooling Inflation Amid Rising Recession Risks
The seasonally adjusted HCOB Flash Eurozone Composite PMI Output Index, based on approximately 85% of usual survey responses, dropped from 49.9 in June to 48.9 in July, its lowest since last November....
Eurozone Flash PMI Shows Inflation Pressures Cooling In June As Economic Upturn Fades
Eurozone business output growth came close to stalling in June, according to the latest HCOB flash PMI survey data produced by S&P Global, pointing to renewed weakness in the economy after the brief g...
Europe's Unionized Wage Pressures
For the first time in over a decade, labor unions have leverage - and fully intend to take advantage of it. Despite historically outsized wage settlements, real wages remain negative and are unlikely ...
Can German Consumer Savings Raise Domestic Growth?
Cash is king in Germany. With inflation running high, we look at the German consumer's ability to increase spending, save less and support domestic growth.
Where Will The Next Vertical Line In Germany's DAX Point?
The German DAX broke its 200-day moving average in November of last year. It rose more than 3,000 points off its October low (up more than 26%) and is now technically in bull market territory.
German Economy Still Defies Recession
The German economy grew by 1.9% in 2022, per the German statistical office first estimate. This implies a stagnating, not contracting, economy in the fourth quarter.
Germany Leads Steepening Eurozone Downturn In October
Germany reported the steepest economic contraction while growth in France merely stalled. Excluding pandemic lockdown months, the latest reading was the lowest since April 2013.
German Ifo Points To Further Weakening Of The Economy
Germany leading indicator, the Ifo index, just dropped for the third month in a row, coming in at 88.5 in August from 88.7 in July. The weakening of the index is slowing down, but no improvement is cu...
Are European Housing Markets Getting Too Hot?
House price growth in the eurozone is at its highest since 2006 as housing markets were supported by a limited impact of the pandemic on household finances, rising savings, historically low-interest r...
German Industrial Production Sends Signs Of Life
German industrial production's 2.8% month on month increase in October, from -0.5% MoM in September, was only the third monthly increase this year. Industrial production has suffered enormously from g...
German Inflation Hits 6%
German inflation hit 6% in November, and more is to come before a gradual retreat next year. Higher producer prices on the back of supply chain disruptions and higher commodity prices will continue to...
German Ifo Weakened Further In November
Germany's most prominent leading indicator, the Ifo index, dropped for the fifth month in a row in November, coming in at 96.5. The index now stands at its lowest level since February this year. Both ...
Eurozone's Summer Growth Spurt And The Risks From The Delta Variant
The Eurozone's economy as measured by GDP expanded by 2% q/q in the second quarter, significantly faster than expected, indeed faster than the economies of the US and China. The most important driver ...
Eurozone Economic Recovery Gathers Momentum As Manufacturing Booms
Flash Eurozone PMI at second-highest since September 2018, future expectations at new all-time high. Record expansion of manufacturing output accompanied by return to growth in services.
Third-Wave Risks To Germany's Economic Recovery
Leading indicators but also hard data signal a developing manufacturing sector boom while the government prepares the strictest lockdown to date in order to prevent the healthcare system from being ov...
Europe's 'cyclical upside story' becomes complicated given new Covid restrictions, analyst says
Anneka Treon, managing director of equities at Kempen, discusses what she believes is an "old economy" problem in Europe that could extend beyond the EU recovery fund.
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