First Trust Europe AlphaDEX® Fund is an ETF focusing on equity market performance in Europe using the AlphaDEX® methodology.

First Trust Europe AlphaDEX® Fund (NASDAQ:FEP) is an exchange-traded fund designed to deliver investment results that correspond to the equity market performance of European countries, as defined by the AlphaDEX® selection methodology. This unique approach aims to select stocks from the Nasdaq AlphaDEX® Europe Index that may offer superior risk-return profiles. The fund's projects and objectives revolve around implementing a quantitative analysis to rank stocks based on various growth and value factors, essentially aiming to outperform traditional market cap-weighted indexes. With a focus on diversification across various sectors and countries within Europe, the fund strives to offer investors a strategic investment option that capitalizes on potential market opportunities across the continent.
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