Name of ETF: First Trust Asia Pacific Ex-Japan AlphaDEX Fund
Benchmark Index: Defined Asia Pacific Ex-Japan Index
Ticker Symbol: FPA
Approximate Number of Holdings: 100
Types of Companies Included: The top companies from the Pacific region that meet specific fundamental criteria. Companies from Japan are excluded from this ETF.
Fundamentals Used:
- Growth Criteria: Sales-to-price ratio, sales growth over the previous 12 months, and general price appreciation the company has experienced over three, six, and 12 month periods.
- Value Criteria: Book value-to-price, cash flow-to-price and return on assets (ROA).
Country Weightings: The country with the most representation within this ETF (largest weight) is South Korea. Hong Kong and Australia also have notable representation.
Related Links
ETF Provider Website: http://www.ftportfolios.com/
List of ETFs Focusing on South Korea