FEP — First Trust Europe AlphaDEX Fund

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−1.7%	+1.0%	−5.4%	+6.6%	+14.4%	+98.0%	+54.5%	+174.2%
Peer average	+0.1%	−2.5%	−5.9%	+6.2%	+10.1%	+66.1%	+53.1%	—
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

FEP in One Breath

FEP Among Region & Country ETFs

YTD

#1FLKRFranklin Templeton+42.5%$1.6B

#2EWYiShares+40.9%$20.1B

#3EWTiShares+40.5%$9.4B

#4FLTWFranklin Templeton+40.2%$4.0B

#5MKORMatthews Asia+36.9%$106M

#6COLOGlobal X+32.0%$173M

#7ENORiShares+28.0%$328M

#8NORWGlobal X+27.0%$89.7M

#64FEPFirst Trust+6.6%$483M

End-of-day Nov 8, 2026 · 129 Region & country ETFs by YTD

$10,000 in FEP

5Y

$10,000 in FEP became

$15,449

In the S&P 500 (VOO)

$17,177

Total return, dividends in · Oct 29, 2021 – Nov 6, 2026 · S&P 500 uses VOO

FEP’s Top Holdings

Today

FRAS.LFrasers Group1.0%TEP.PA0.9%BAS.DE0.9%SOF.BR0.9%BZU.MI0.9%SDLF.L0.9%LGEN.L0.9%SHEL.L0.9%ISS.CO0.9%PRX.AS0.9%VONN.SW0.8%LI.PA0.8%

Financial ServicesIndustrialsConsumer CyclicalEnergyBasic MaterialsReal EstateOther

First Trust FEP · 202 holdings · top 22 shown · tile size = share of the fund · as of Nov 6, 2026

What FEP Holds

Today

Financial Services21.6%

SOF.BR · SDLF.L · LGEN.L · VONN.SW · III.L · EMG.L · BGEO.L

Industrials20.5%

TEP.PA · ISS.CO · BBY.L · TKA.DE · ELIS.PA · DHL.DE · RS1.L

Consumer Cyclical10.5%

FRAS.L · BMW.DE · MBG.DE · PSN.L · ML.PA · KGF.L · DLG.MI

Energy10.0%

SHEL.L · VAR.OL · REP.MC · VPK.AS · MOH.AT · TTE.PA · EQNR.OL

Basic Materials9.9%

BAS.DE · BZU.MI · BOL.ST · YAR.OL · HEI.DE · GLEN.L · KRX.IR

Real Estate6.0%

LI.PA · AED.BR · VNA.DE · BLND.L · MRL.MC · URW.PA

Consumer Defensive5.2%

KESKOB.HE · ABF.L · AD.AS

First Trust FEP · share of the fund by sector · as of Nov 6, 2026

Frasers’ Share of FEP

Today

1.0%

$10 of every $1,000 in FEP is Frasers

Frasers held by FEP

$4.8M

Most Frasers per dollar

FEP1.0%

First Trust FEP · each square = $10 of $1,000 · as of Nov 6, 2026

FEP’s Share of Region & Country ETFs

Today

0.2%

of the $256B in 134 Region & country ETFs

FEP$483M0.2%

VGK$29.6B11.6%

EWJ$22.5B8.8%

131 others$203B79.4%

Region & country ETF AUM · Nov 8, 2026

FEP Fee per $100 vs Peers

Today

$0.80a year
per $100

$80 a year on $10,000

VGK$0.06

BBJP$0.19

BBCA$0.19

EWJ$0.49

EWY$0.59

FEP$0.80

Expense ratio · Region & country peers · Nov 8, 2026

Inside FEP

202 holdings · as of Nov 6, 2026

FEP

First Trust Europe AlphaDEX Fund

Today

#	Ticker	Company	Weight ▼
1	FRAS.L	Frasers Group	0.99%
2	TEP.PA	Teleperformance SE	0.94%
3	BAS.DE	Basf SE	0.92%
4	SOF.BR	Sofina	0.91%
5	BZU.MI	Buzzi Unicem SpA	0.90%
6	SDLF.L	Standard Life	0.89%
7	LGEN.L	Legal & General Group	0.88%
8	SHEL.L	Shell	0.88%
9	ISS.CO	ISS A/S	0.87%
10	PRX.AS	Prosus	0.87%

See all 208 holdings ↓

Financial ServicesIndustrialsConsumer CyclicalEnergyBasic MaterialsReal EstateConsumer DefensiveTechnologyCommunication ServicesHealthcareUtilitiesOther

First Trust FEP · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 17.3%

All FEP Holdings

208 holdings · as of Nov 6, 2026

FEP

FEP’s Holdings

Today

#
1	—JD Sports Fashion	—	0.99%	$99.07	3.7M	$4.8M
2	FRAS.LFrasers Group	Consumer Cyclical	0.99%	$98.93	378K	$4.8M
3	TEP.PATeleperformance SE	Industrials	0.94%	$93.91	51K	$4.6M
4	BAS.DEBasf SE	Basic Materials	0.92%	$91.64	71K	$4.5M
5	SOF.BRSofina	Financial Services	0.91%	$91.17	15K	$4.4M
6	BZU.MIBuzzi Unicem SpA	Basic Materials	0.90%	$90.36	95K	$4.4M
7	—Investor AB ()	—	0.90%	$89.82	99K	$4.4M
8	SDLF.LStandard Life	Financial Services	0.89%	$88.90	344K	$4.3M
9	LGEN.LLegal & General Group	Financial Services	0.88%	$88.44	1.0M	$4.3M
10	SHEL.LShell	Energy	0.88%	$87.92	85K	$4.3M
11	—L E Lundbergforetagen AB ()	—	0.88%	$87.87	70K	$4.3M
12	ISS.COISS A/S	Industrials	0.87%	$87.12	93K	$4.2M
13	PRX.ASProsus	Communication Services	0.87%	$86.89	100K	$4.2M
14	VONN.SWVontobel AG (Registered)	Financial Services	0.85%	$84.86	37K	$4.1M
15	—Industrivarden AB ()	—	0.85%	$84.58	76K	$4.1M

First Trust FEP · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

FEP

First Trust Europe AlphaDEX Fund’s Peers

Today


VGK	VanguardRead Desk	0.06%	−1.3%	+12.5%	$29.6B
EWJ	iSharesRead Desk	0.49%	0.0%	+11.2%	$22.5B
EWY	iSharesRead Desk	0.59%	+4.1%	+45.0%	$20.1B
BBJP	J.P. MorganRead Desk	0.19%	−0.1%	+10.4%	$17.9B
BBCA	J.P. MorganRead Desk	0.19%	−0.4%	+22.2%	$11.9B
FEP	First TrustThis fundRead Desk	0.80%	−1.7%	+14.4%	$483M

Region & country peers · Today’s and past-year returns · as of Nov 9, 2026 · sorted by AUM

Head to Head

Put FEP head to head with VGK →

VGK vs FEP

YTD

VGKVanguard · Region & countryFEPFirst Trust · Region & country

Year to date

+6.6%

Level

Past year

+12.5%

+14.4%

FEP wins+1.9 pts

Fee

0.06%

0.80%

VGK winslower fee

Yield

3.0%

3.1%

FEP wins+0.2 pts

AUM

$29.6B

$483M

VGK61.3× more

2–1FEP wins

Vanguard VGK and First Trust FEP · year-to-date · as of Nov 9, 2026 · AUM not scored

FEP vs VOO

YTD

FEP · First Trust Europe AlphaDEX Fund

+6.6%

VOO · S&P 500

+8.7%

Gap

2.1 pts

First Trust FEP and Vanguard VOO · Today total return · as of Nov 9, 2026

FEP vs Its Peer Average

YTD

FEPAvsBPeer average

1D−1.7%+0.1%

1M+1.0%−2.5%

3M−5.4%−5.9%

YTD+6.6%+6.2%

1Y+14.4%+10.1%

3Y+98.0%+66.1%

5Y+54.5%+53.1%

6–1FEP wins

133 Region & country peers · each row scaled to its leader

How Bumpy Is FEP?

View

FEP

How Bumpy

1Y

1.3×the S&P 500’s swings

CalmerBumpierS&P 1×FEP

Calm rank among 7 region & country funds#4

Other region & country funds1.1× to 4.4×

First Trust FEP · daily swings over the past year vs the S&P 500

FEP

Worst Drop

1Y

−12.1%from its Feb 25 high

Still below the high−7.5%

$10,000 at the high is now$9,250

First Trust FEP · fall from the highest close, past year

FEP

On a Bad Day

1Y

0.9×the S&P 500’s fall

FEP’s worst day: Tuesday, Mar 3

FEP

−3.8%

S&P 500

−0.9%

Up days54 of every 100

S&P 500 up days52 of every 100

First Trust FEP · average move on days the S&P 500 fell

FEP

Return for the Bumps

1Y#3 of 7 region & country funds

#1BBCAJ.P. Morgan

most for the bumps

#2EWYiShares

#3FEPFirst Trust

#4VGKVanguard

#5IEURiShares

#6EWJiShares

#7BBJPJ.P. Morgan

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

FEP

Cost

Today

$80a year per $10,000

VGK

$6

IEUR

$10

BBJP

$19

BBCA

$19

EWJ

$49

EWY

$59

FEP

$80

Expense ratio 0.80%, taken from the fund’s value

FEP

Volatility & Beta

1Y

17.5%annual volatility

S&P 500 volatility13.6%

Downside volatility11.9%

Beta vs SPY0.90

Correlation vs SPY0.70

Beta rank, lowest first, of 7#4

Daily total returns × √252 · past 254 trading days

FEP

Max Drawdown

1Y

−12.1%peak to trough

Peak closeFeb 25, 2026

Current drawdown−7.5%

Worst day−3.76% · Mar 3

Closing prices, dividends in

FEP

Up / Down Capture

1Y

91%down capture vs SPY

Down days

91%

Up days

97%

S&P 500

100%

Up ÷ down capture1.07

Up days53.9% (S&P 52.0%)

Average daily move on SPY up days and down days

FEP

Sharpe & Sortino vs Peers

1Y

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
BBCA	1.18	1.67	14.8%	−8.4%	0.74	$19
EWY	0.59	0.84	59.8%	−39.9%	2.93	$59
FEP	0.54	0.80	17.5%	−12.1%	0.90	$80
VGK	0.51	0.78	16.4%	−12.1%	0.89	$6
IEUR	0.50	0.76	16.3%	−12.0%	0.89	$10
EWJ	0.29	0.42	21.6%	−13.6%	1.20	$49
BBJP	0.26	0.37	21.3%	−13.6%	1.17	$19

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

FEP

Trading

Today

−0.71%below its holdings’ value

Close$56.11

NAV$56.51

Fee per $10,000$80 a year

Avg. volume 30D41K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

FEP

Fund Facts

Today

2011launched Apr 18

Tracks[…]

Exchange · CUSIPNASDAQ · 33737J117

StructureETF

Leverage1x

Cost on $10,000$80 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

First Trust FEP · fund facts · as of Nov 9, 2026

FEP

Payouts by Year

13Y

$0.33per share, Sep 2026

Distribution yield3.1%

PaidEvery quarter

Latest ex-date · paidSep 24 · Sep 30, 2026

12 payouts added up$4.96 a share

First Trust FEP · distributions by ex-date · 2014–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$56.51

Premium / discount[…]

Median spread · 30D[…]

Volume today86K

Average volume · 30D41K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.80%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$80.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 24, 2026	Sep 30, 2026	$0.33
Jun 25, 2026	Jun 30, 2026	$0.80
Mar 26, 2026	Mar 31, 2026	$0.0762
Dec 12, 2025	Dec 31, 2025	$0.54
Sep 25, 2025	Sep 30, 2025	$0.18
Jun 26, 2025	Jun 30, 2025	$0.96
Mar 27, 2025	Mar 31, 2025	$0.11
Dec 13, 2024	Dec 31, 2024	$0.27
Sep 26, 2024	Sep 30, 2024	$0.30
Jun 27, 2024	Jun 28, 2024	$0.92
Mar 21, 2024	Mar 28, 2024	$0.29
Dec 22, 2023	Dec 29, 2023	$0.20

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First Trust Europe AlphaDEX FundFEP

FEP in One Breath

Inside FEP

All FEP Holdings

How It Compares

Head to Head

How Bumpy Is FEP?

The Details

Prospectus & Documents

Trading & Liquidity

Fees & Costs

Distributions