FPX ETF Analysis: US Equity Opportunities | NYSE
Mid-Cap Growth | NYSE, USA | Market Cap: 1.525m USD | 12M Return: 21.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.54M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
First Trust US Equity Opportunities ETF (FPX) is a non-diversified exchange-traded fund that tracks an index of the 100 typically largest and most liquid U.S. initial public offerings (IPOs), including spin-offs and equity carve-outs. Under normal conditions, the fund invests at least 90% of its net assets in the securities that make up the underlying index, providing targeted exposure to recently public U.S. companies.
The U.S. IPO market represents a distinct segment of the equity landscape, where newly public companies often span growth-oriented sectors such as technology, healthcare, and consumer services. By focusing on the largest and most liquid offerings, the index aims to capture the most established names from each IPO class while filtering out smaller, less tradable issues. FPX itself launched in April 2006 and is classified as a Mid-Cap Growth ETF with a small-cap market capitalization profile.
- US IPO pipeline strength drives new index additions
- Mid-cap growth rally lifts recently listed constituents
- Risk-off sentiment pressures recent IPO performance
As of July 28, 2026, the stock is trading at USD 181.57 with a total of 133,508 shares traded. Over the past week, the price has changed by -1.21%, over one month by -9.86%, over three months by +0.62% and over the past year by +21.32%.
Current recommended Stop Loss: 174.60 (which is 3.8% or 1.4 ATR below the current price).
US Equity Opportunities has no consensus analysts rating.