First Trust IPOX Europe Equity Opportunities ETF (FPXE)

First Trust IPOX Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund in the Europe Stock category. It has $4.96M in assets, an expense ratio of 0.70% and a 1.45% dividend yield. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to measure the performance of the equity securities of the 100 largest and typically most liquid initial public offerings ("IPOs") (including spin-offs and equity carve-outs) of companies that are economically tied to Europe. The fund is non-diversified.