FJP icon

First Trust Japan AlphaDEX Fund

51.45 USD
-0.68
1.30%
At close Jan 7, 4:00 PM EST
1 day
-1.30%
5 days
-0.46%
1 month
-3.78%
3 months
-3.76%
6 months
-1.02%
Year to date
-0.29%
1 year
-0.06%
5 years
1.20%
10 years
15.70%
0
Funds holding %
of 6,815 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

28% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 25

1% less funds holding

Funds holding: 69 [Q2] → 68 (-1) [Q3]

7% less capital invested

Capital invested by funds: $193M [Q2] → $181M (-$12.7M) [Q3]

11.22% less ownership

Funds ownership: 100.03% [Q2] → 88.81% (-11.22%) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for FJP.

Financial journalist opinion

Neutral
Zacks Investment Research
1 month ago
Is First Trust Japan AlphaDEX ETF (FJP) a Strong ETF Right Now?
Designed to provide broad exposure to the Asia-Pacific (Developed) ETFs category of the market, the First Trust Japan AlphaDEX ETF (FJP) is a smart beta exchange traded fund launched on 04/18/2011.
Is First Trust Japan AlphaDEX ETF (FJP) a Strong ETF Right Now?
Neutral
Zacks Investment Research
3 months ago
Is First Trust Japan AlphaDEX ETF (FJP) a Strong ETF Right Now?
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.
Is First Trust Japan AlphaDEX ETF (FJP) a Strong ETF Right Now?
Positive
Seeking Alpha
4 months ago
Japan: Hotter Than Expected Inflation, Output Rebound Should Support The BoJ's Policy Normalization
Today's data were a mixed bag, but the Bank of Japan will pay more attention to the sharp rise in Tokyo's inflation. Tokyo consumer prices rose more than expected to 2.6% YoY (vs 2.2% in July, 2.3% market consensus).
Japan: Hotter Than Expected Inflation, Output Rebound Should Support The BoJ's Policy Normalization
Neutral
Seeking Alpha
5 months ago
BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen
The “real” policy rate is massively negative, with the new policy rate of 0.25% far below Core CPI of 2.6%. When QT reaches about ¥3 trillion per month in 2026, it would represent a reduction of its JGB holdings of about 0.5% per month.
BoJ Hikes By 25 Bps And Starts QT: Too Little Too Late, But In Right Direction To Prop Up The Plunging Yen
Neutral
Zacks Investment Research
5 months ago
Is First Trust Japan AlphaDEX ETF (FJP) a Strong ETF Right Now?
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.
Is First Trust Japan AlphaDEX ETF (FJP) a Strong ETF Right Now?
Positive
Seeking Alpha
6 months ago
Escape Velocity: Japan's Drift Toward Sustained Inflation
Japan has been struggling for some time to generate enough velocity in inflation to escape the gravitational pull of deflation. The story for the rest of 2024 and into 2025 is now centered on whether inflation will be sustained at the BOJ's 2% target.
Neutral
Seeking Alpha
7 months ago
What's The Next Step For The Bank of Japan?
In March, the Bank of Japan abolished its 8-year-old negative interest rate policy, hiking rates for the first time in 17 years by raising its benchmark rate to 0-0.1%. To combat inflation while also avoiding an excessive surge in interest payments, the BOJ is considering passive quantitative tightening.
Positive
Seeking Alpha
7 months ago
Mixed Japanese Data Supports BoJ's Policy Normalization
We'd rather downplay the weaker-than-expected manufacturing data and focus on a solid recovery in retail sales and a reacceleration in inflation, which will be welcomed by the Bank of Japan. Inflation has been quite choppy due to various government programmes and utility prices.
Positive
Seeking Alpha
7 months ago
What Has Led To Japan's Come-Back?
By end-April 2024, Japanese equities had outperformed the FTSE All-World index over 12 months and in the year to date. Japan has undertaken significant structural corporate reforms in recent years.
Positive
Seeking Alpha
7 months ago
Weak Yen Unlikely To End Japan's Rally
A weak yen is unlikely to end the positive momentum in Japanese equities. The drivers of the recent rally remain, so we stay overweight Japanese stocks.
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