Launched on 04/18/2011, the First Trust Japan AlphaDEX ETF (FJP) is a smart beta exchange traded fund offering broad exposure to the Asia-Pacific (Developed) ETFs category of the market.
Launched on 04/18/2011, the First Trust Japan AlphaDEX ETF (FJP) is a smart beta exchange traded fund offering broad exposure to the Asia-Pacific (Developed) ETFs category of the market.
The ETF FJP hits a new 52-week high as Japan's equity rally accelerates on pro-growth policy optimism and strong momentum signals.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 5,060 | $275,132.86 | $381,623.68 | $106,490.82 | 38.71% |
Jeff Ameen Spire Wealth Management | 160 | $11,616 | $12,097.6 | $481.6 | 4.15% |
Kyle P. Smith NewEdge Wealth LLC | 10,989 | $527,610.15 | $828,569.5 | $300,959.35 | 57.04% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 14,635 | $1.06M | $1.11M | $47,382 | 4.46% |
| TP Thomas Pappas Cottonwood Capital Advisors LLC | 8,300 | $451,704.68 | $627,065 | $175,360.32 | 38.82% |
| NASDAQ (NMS) Exchange | US Country |
The company is focused on providing investors with an innovative approach to portfolio management by investing primarily in securities listed on the NASDAQ Japan Index. Utilizing the AlphaDEX® selection methodology, the company aims to generate positive alpha, or risk-adjusted returns, superior to those of traditional indices. This strategy involves investing at least 90% of its net assets, including borrowed investments, in the constituents of the index that are believed to offer the best potential for favorable risk-adjusted returns.
The company's main products and services revolve around its investment approach that leverages the AlphaDEX® selection methodology to provide enhanced portfolio performance. Below are the key offerings:
The cornerstone of the company's services, this investment approach focuses on selecting stocks from the NASDAQ Japan Index that have the potential to outperform based on the AlphaDEX® methodology. This strategy aims to provide investors with higher risk-adjusted returns compared to traditional index-based investments.
Aimed at identifying securities that may offer superior returns after adjusting for risk, this service is designed for investors looking to maximize their investment efficiency. By prioritizing investments that are expected to perform well on a risk-adjusted basis, the fund seeks to deliver more stable and consistent returns over time.