# First Trust US Equity Opportunities UCITS ETF (FPX) **Page:** https://fundology.uk/fund/fpx · ISIN IE00BYTH6238 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, FPX (First Trust US Equity Opportunities UCITS ETF, ISIN IE00BYTH6238) closed at £46.57 on the London Stock Exchange. Its ongoing charge is 0.61% a year (about £61 on £10,000). Over the five years to 13/11/2026 its total return was +31.2%, or +2.4% after UK CPIH inflation. ## Summary First Trust US Equity Opportunities UCITS ETF Accum Shs A USD is an exchange-traded fund (ETF) from First Trust, launched in 2015. It tracks the IPOX-100 U.S. Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.61% a year — about £61 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£46.57** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FPX | | ISIN | IE00BYTH6238 | | Category | US shares | | Type | ETF | | Provider | First Trust | | Tracks | IPOX-100 U.S. Index | | Income | Accumulating | | Ongoing charge | 0.61% a year (£61 per £10,000) | | Fund size | £10.6m | | Launched | 2015 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 14/08/2015 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +3.03% | -0.62% | income reinvested | | 3 years | +90.48% | +72.10% | income reinvested | | 5 years | +31.15% | +2.37% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of First Trust US Equity Opportunities UCITS ETF Accum Shs A USD in pounds (price, with income reinvested in the fund): 2022 −28.2%, 2023 +16.7%, 2024 +31.7%, 2025 +21.8%; 2026 to 13/11/2026 +2.7%. Returns of First Trust US Equity Opportunities UCITS ETF Accum Shs A USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +8.7%; to 30/09/2025: +51.1%; to 30/09/2024: +18.3%; to 30/09/2023: −6.2%; to 30/09/2022: −18.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -28.2% | -34.3% | Price | | 2023 | +16.7% | +12.1% | Price | | 2024 | +31.7% | +27.2% | Price | | 2025 | +21.8% | +17.6% | Price | | 2026 to 13/11/2026 | +2.7% | -0.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 19.21% | -20.93% | | 3 years | 24.15% | -30.30% | | 5 years | 23.80% | -35.97% | ## Largest fall Volatility of First Trust US Equity Opportunities UCITS ETF Accum Shs A USD in pounds, annualised from weekly returns to 13/11/2026: 19.2% over 1 year, 24.1% over 3 years, 23.8% over 5 years. Largest fall in the price of First Trust US Equity Opportunities UCITS ETF Accum Shs A USD since November 2021, in pounds: −35.9% from 19/11/2021 to 28/04/2023. The lowest 12-month return of First Trust US Equity Opportunities UCITS ETF Accum Shs A USD in pounds (price, with income reinvested in the fund) since January 2021 was −28.3% (12 months to 18/11/2022); the highest was +60.1% (12 months to 17/04/2026). On 13/11/2026 the price of First Trust US Equity Opportunities UCITS ETF Accum Shs A USD was 17.5% below its highest weekly close since November 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of First Trust US Equity Opportunities UCITS ETF Accum Shs A USD 0.61% a year. Compared on 14/11/2026, 13 of the 254 other US share funds charge more, 0 the same and 241 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.61%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of FPX?** The ongoing charge of FPX is 0.61% a year — about £61 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of First Trust US Equity Opportunities UCITS ETF Accum Shs A USD 0.61% a year. Compared on 14/11/2026, 13 of the 254 other US share funds charge more, 0 the same and 241 less (share classes counted once). **What does FPX track?** FPX tracks the IPOX-100 U.S. Index. **Is FPX accumulating or distributing?** FPX is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of FPX?** The ISIN of FPX is IE00BYTH6238. An ISIN identifies one exact share class of a fund; FPX is its ticker on the London Stock Exchange. **What were FPX’s returns in each of the last five years?** Calendar-year returns of FPX in pounds (price, with income reinvested in the fund): 2022 −28.2%, 2023 +16.7%, 2024 +31.7%, 2025 +21.8%; 2026 to 13/11/2026 +2.7%. Past performance is not a guide to future returns. **How has FPX done after inflation?** Over the five years to 13/11/2026 FPX’s total return was +31.2%, or +2.4% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.