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Sunday, August 23, 2026The Morning Brief →Sign in
FJPFIRST TRUST JAPAN ALPHADEX FUND

FIRST TRUST JAPAN ALPHADEX FUND

$77.09+1.55% today
638252-WK
Price & daily flows
77.972.467.077.09DAILY NET FLOWAug 25Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +14.3% so far this year.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$201Massets under management
expense ratio
net flow, trailing month
8Kavg daily volume, 30 days
102holdings · US-domiciled
2024listed April 4, 2024 · beta 1.00
Sector weights
Other100%
Industrials26.92%
Financials20.89%
Financial Services20.57%
Consumer Discretionary19.41%
Consumer Cyclical18.87%
Consumer Durables18.48%
Producer Manufacturing13.36%
Materials9.97%
Basic Materials9.63%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Japan100%
Other100%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.8%
1 month+4.4%
3 months+1.3%
6 months-4.2%
YTD+14.3%
1 year+18.0%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
23%realized volatility, 30 days (annualized)
22%realized volatility, 1 year
-14.4%deepest fall from a peak, 1 year
-5.9%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
11Kshares traded
The case against FJP

Due diligence cuts both ways. These funds sit on the same shelf and beat FJP on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
FLOW Global X U.S. Cash Flow Kings 100 ETF0.25%$4132.70T20516667× the assetsHead-to-head
IEFA iShares Core MSCI EAFE ETF0.07%$193.2B+$631M959× the assets · +$631M in over the monthHead-to-head
IEMG iShares Core MSCI Emerging Markets ETF0.09%$160.6B+$1.9B797× the assets · +$1.9B in over the monthHead-to-head
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M162× the assets · +$104M in over the monthHead-to-head
EFV iShares MSCI EAFE Value ETF0.34%$31.4B+$2.8B156× the assets · +$2.8B in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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