See what your fund actually adds
First Trust US Equity Opportunities ETF FPX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FPX | Replication |
|---|---|---|
| Annualized growth | 7.3% | 8.4% |
| Annualized volatility | 25.4% | 19.9% |
| Sharpe ratio | 0.40 | 0.50 |
| Maximum drawdown | 42.5% | 33.9% |
| Replication fit (R²) | 0.85 · Tracking error 9.9% | |
Replication portfolio
The published portfolio below is the investable basket used to model FPX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| VBK | Small-Cap · Growth | 36.5% |
| MTUM | Factor · Momentum | 30.5% |
| VOT | Mid-Cap · Growth | 20.1% |
| IWC | Micro Cap | 7.0% |
| XLK | Sector · Technology | 5.9% |