Summary
First Trust Japan AlphaDEX Fund is an ETF - a fund traded on an exchange like a stock - run by First Trust. Positions inside: 102. The ten largest make up 20% of the fund.
- Yearly costs
- 0.80%
- Fund size
- $271.1M
- Positions
- 102
- Dividend yield
- 2.63%
- Running since
- 2011
What speaks for it
- Widely spread: the ten largest positions make up only 20% of the fund.
- It has been running since 2011.
What to watch
- 100% of the fund is in one country (Japan).
- Costs of 0.80% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 34% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -5.4%
- 3 months
- +0.5%
- This year
- +9.6%
- 1 year
- +12%
- 3 years
- +56%
- 5 years
- +43%
- 10 years
- +49%
- Avg. market cap
- $23.1B
- P/E
- 11.7x
- Forward P/E
- 11.9x
- P/S
- 0.8x
- P/B
- 1.1x
- P/FCF
- -
- EV/EBITDA
- 6.8x
- Dividend yield
- 1.74%
- ROIC
- 6.7%
- ROE
- 12.5%
- Gross margin
- 27.5%
- Operating margin
- 12.9%
- Net margin
- 10.5%
- Payout ratio
- 20.3%
- Net debt/EBITDA
- 1.4x
- Beta
- 0.83
Weighted average of the 50 largest companies, which make up 71% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 91Mitsui O.S.K. Lines, Ltd. 9104.T 2.5%
- 2 91Nippon Yusen Kabushiki Kaisha 9101.T 2.4%
- 3 91Kawasaki Kisen Kaisha, Ltd. 9107.T 2.4%
- 4 95The Kansai Electric Power Company, Incorporated 9503.T 2.0%
- 5 16Inpex Corporation 1605.T 2.0%
- 6 90Central Japan Railway Company 9022.T 1.9%
- 7 72Suzuki Motor Corporation 7269.T 1.9%
- 8 64Brother Industries, Ltd. 6448.T 1.8%
- 9 50Idemitsu Kosan Co.,Ltd. 5019.T 1.8%
- 10 87Dai-ichi Life Holdings, Inc. 8750.T 1.8%
Positions in the fund: 102. The ten largest make up 20% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Industrials 35%
- Consumer cyclical 19%
- Technology 12%
- Financials 11%
- Basic materials 6.8%
- Other 17%
By country
- Japan 100%
- Other countries 0.1%
By company size
- Mega cap 1.2%
- Large cap 58%
- Mid cap 41%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Industrials (35%). Largest country: Japan (100%). Largest size group: Large cap (58%).
What does it cost me?
Expensive- A year from $10,000
- $80.00
- Over 20 years
- $3,763
From every $10,000 invested the fund takes $80.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,763.
How has it done?
Growing slowly- A year on average, 10 years
- +4.0%
- Deepest drop
- -34%
- Yearly volatility
- 22%
Average yearly growth over the last ten years: 4.0%. Deepest drop in these years: 34% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.63%
- Payments a year
- 2
- Last payment
- $0.49
Over the last 12 months it paid $1.93 per share, which is 2.63% of today's price. The last payment was $0.49 on Jun 25, 2026.
Is it easy to buy and sell?
Yes- Traded a day
- $1.05M
- Shares a day
- 14K
On an average day about $1.05M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 11.7
- Average Bulios Score
- 63 out of 100
Weight by Bulios Fair Price
- Undervalued 37%
- Fairly valued 14%
- Overvalued 49%
On average the companies inside trade for 11.7 times their yearly profit. By Fair Price, 49% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 71% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
GS GSJY Goldman Sachs ActiveBeta Japan Equity ETF | United States | 0.25% | $85.9M | +18% | Pays out | 28% |
EW EWJV iShares MSCI Japan Value ETF | United States | 0.15% | $766.9M | +21% | Pays out | 25% |
NS NS4E.DE Invesco JPX-Nikkei 400 UCITS ETF | Ireland | 0.19% | $219.4M | +26% | Reinvests | 25% |
N4 N400.MI Invesco JPX-Nikkei 400 UCITS ETF | Ireland | 0.19% | $218.8M | +26% | Reinvests | 25% |
SM SMLN.DE Invesco JPX-Nikkei 400 UCITS ETF | Ireland | 0.19% | $219.0M | +26% | Reinvests | 25% |
JP JPXN iShares JPX-Nikkei 400 ETF | United States | 0.48% | $138.3M | +18% | Pays out | 25% |