Is First Trust Japan AlphaDEX ETF (FJP) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 20 2024
0mins
Source: NASDAQ.COM
Overview of First Trust Japan AlphaDEX ETF (FJP): Launched in 2011, FJP is a smart beta ETF focusing on the Asia-Pacific market, utilizing the NASDAQ AlphaDEX Japan Index for stock selection and has an expense ratio of 0.80% with a dividend yield of 3.35%.
Comparison with Other ETFs: While FJP aims to outperform its segment, investors may consider lower-cost alternatives like JPMorgan BetaBuilders Japan ETF and iShares MSCI Japan ETF, which have significantly lower expense ratios and larger asset bases.
Analyst Views on EWJ
Wall Street analysts forecast EWJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 84.780
Low
Averages
High
Current: 84.780
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
