First Trust Germany AlphaDEX Fund (FGM)
| Assets | $19.20M |
| NAV | $34.90 |
| Expense Ratio | 0.80% |
| PE Ratio | 7.49 |
| Shares Out | 550,000 |
| Dividend (ttm) | $1.53 |
| Dividend Yield | 4.30% |
| Ex-Dividend Date | Jun 24, 2022 |
| 1-Year Return | -38.85% |
| Volume | n/a |
| Open | 35.25 |
| Previous Close | 35.17 |
| Day's Range | 35.05 - 35.46 |
| 52-Week Low | 31.13 |
| 52-Week High | 59.36 |
| Beta | 1.14 |
| Holdings | 42 |
| Inception Date | Feb 14, 2012 |
About FGM
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks, depositary receipts, real estate investment trusts (REITs) and preferred shares that comprise the index. The index is designed to select stocks from the NASDAQ Germany Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Top 10 Holdings
40.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Hugo Boss AG | BOSS.DE | 4.60% |
| RWE AG | RWE.DE | 4.56% |
| Porsche Automobil Holding SE Participating Preferred | PAH3.DE | 4.54% |
| Bayerische Motoren Werke AG | BMW.DE | 4.11% |
| Covestro AG | 1COV.DE | 3.98% |
| Talanx AG | TLX.DE | 3.96% |
| K+S AG | SDF.DE | 3.71% |
| Volkswagen AG Participating Preferred | VOW3.DE | 3.57% |
| HeidelbergCement AG | HEI.DE | 3.52% |
| Suedzucker AG | SZU.DE | 3.51% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2022 | $1.1454 | Jun 30, 2022 |
| Mar 25, 2022 | $0.1516 | Mar 31, 2022 |
| Dec 23, 2021 | $0.1738 | Dec 31, 2021 |
| Sep 23, 2021 | $0.055 | Sep 30, 2021 |
| Jun 24, 2021 | $0.5385 | Jun 30, 2021 |
News
Europe, Germany ETFs Rally on Easing Energy Fears
European markets rallied on Tuesday to a more than five-week high, with Germany country-specific exchange traded funds leading the charge, as Russia restarted gas flows to Europe through the Nord Stream...
As Germany Addresses Energy Concerns, Check Out This ETF
The crisis in Ukraine is forcing Germany to address its reliance on Russia for its energy consumption, especially with respect to gas. “We need to admit that in the past we have been too reliant on Russ...
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.
Time to Buy the Dip in Europe ETFs?
Euro zone may see some solid economic recovery in the near term with Germany appearing to be spearheading the momentum.
Best Europe ETFs for Q4 2020
The best Europe ETFs for Q4 2020 are EDEN, EWD, and FGM.
Optimism Among Exporters Could Fuel These 5 Germany ETFs
The European’s economic powerhouse, Germany, could continue its rebound from the Covid-19 pandemic as data published by the country’s IFO institute showed that expectations for exports improved during t...
5 ETFs for Betting on a Recovering Germany Economy
As the world begins to reopen its economy, developing nations like German are poised for a rebound, but the recovery could take some time. Until then, exchange-traded fund (ETF) investors have a plethor...
14 Europe ETFs to Diversify a Portfolio for the New Year
As investors position their portfolios for the year ahead, many may be focusing on European markets and region-related ETFs to capture new opportunities for growth. “Confidence is recovering at a pace i...
Germany ETFs Surge on Stimulus Hopes
Stimulus news boosts Germany stocks and ETFs.