Fundology

ETF · First Trust

FPXE First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR

ISIN IE00BFD26097London Stock Exchange: FPXEAJM Ventures LLC

Latest close

LSE

£20.75

on

Ongoing charge
0.70% a year
Fund size
£1.0m

As of , at least 15 min delayed

At a glance

As of 13/11/2026, FPXE (First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR, ISIN IE00BFD26097) closed at £20.75 on the London Stock Exchange. Its ongoing charge is 0.70% a year (about £70 on £10,000). Over the five years to 13/11/2026 its total return was +20.3%, or −6.1% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 13/11/2026
+4.4%
+0.7% after inflation
3 years to 13/11/2026
+50.7%
+36.1% after inflation
5 years to 13/11/2026
+20.3%
−6.1% after inflation

£1,000 put in five years ago would have been worth about £1,203 on 13/11/2026 — about £939 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH

Calendar-year and 12-month returns

Calendar-year returns of First Trust Global Funds ICAV - First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR in pounds (price, with income reinvested in the fund): 2022 −27.2%, 2023 +8.6%, 2024 +18.9%, 2025 +14.1%; 2026 to 13/11/2026 +3.8%. Returns of First Trust Global Funds ICAV - First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +3.4%; to 30/09/2025: +20.8%; to 30/09/2024: +19.7%; to 30/09/2023: +11.9%; to 30/09/2022: −29.7%.

Calendar-year returns of FPXE, in pounds (price, with income reinvested in the fund), to 13/11/2026
YearReturnAfter inflationReturn shown as a bar
to +3.8%+0.4%
to +14.1%+10.1%
to +18.9%+14.8%
+8.6%+4.3%
−27.2%−33.4%
Returns of FPXE over 12-month periods to 30/09/2026, in pounds (price, with income reinvested in the fund)
12 months toReturnAfter inflation
from +3.4%−0.2%
from +20.8%+16.1%
from +19.7%+16.7%
from +11.9%+5.2%
from −29.7%−35.4%

As of , inflation: UK CPIH

How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing

Risk: volatility and largest fall

How far the price has swung and fallen. The same record as the returns, in pounds.

Volatility (annualised)

17.5%over 5 years

Volatility, annualised from weekly returns, by period
1 year15.6%
3 years15.2%
5 years17.5%

Annualised from weekly returns. Higher means bumpier.

Largest fall since November 2021
−37.2%
From to
Lowest 12-month return
−34.2%
12 months to
Highest 12-month return
+32.7%
12 months to
Below its highest weekly close since November 2021
11.4%
High of , latest

In words: Volatility of First Trust Global Funds ICAV - First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR in pounds, annualised from weekly returns to 13/11/2026: 15.6% over 1 year, 15.2% over 3 years, 17.5% over 5 years. Largest fall in the price of First Trust Global Funds ICAV - First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR since November 2021, in pounds: −37.2% from 19/11/2021 to 14/10/2022. The lowest 12-month return of First Trust Global Funds ICAV - First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR in pounds (price, with income reinvested in the fund) since June 2021 was −34.2% (12 months to 21/10/2022); the highest was +32.7% (12 months to 10/04/2026). On 13/11/2026 the price of First Trust Global Funds ICAV - First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR was 11.4% below its highest weekly close since November 2021 (19/06/2026), in pounds.

As of , price, with income reinvested in the fund

How we work it out:Risk figuresFallsVolatilityLargest fall

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
0.70%
a year
On £10,000
£70
a year, roughly
Over five years
£345
of £10,000, before growth
Among 243 European share funds, share classes counted once
  • 241 charge less
  • 0 the same
  • 1 charge more

Ongoing charge of First Trust Global Funds ICAV - First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR 0.70% a year. Compared on 14/11/2026, 1 of the 242 other European share funds charge more, 0 the same and 241 less (share classes counted once).

As of

A lower charge is not a promise of a higher return: what the fund holds matters more.

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

First Trust Global Funds ICAV - First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR is an exchange-traded fund (ETF) from First Trust, launched in 2021.

It tracks the IPOX 100 Europe Index - EUR - Benchmark TR Net.

You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Its ongoing charge is 0.7% a year — about £70 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.

European shares: Companies across Europe. Some funds include the UK and some leave it out — the fund name says which.

Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN

Key facts

Ticker
FPXE
ISIN
IE00BFD26097
Also listed as
IPXE (London Stock Exchange, US dollars)
Provider
First Trust
Tracks
IPOX 100 Europe Index
Structure
ETF
An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
Income
Accumulating
Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Ongoing charge
0.70% a year · about £70 on £10,000
Fund size
£1.0m
Launched
Domicile
Ireland
UK reporting fund status
Yes — on HMRC’s list of reporting funds (list of )
Reporting fund since . What reporting fund status means
Can usually be held in
ISA and SIPP
Check with your platform: each decides which funds it offers.
Currency hedged
No
Price currency
Pounds (GBP)

Price chart

Closing price
£20.75+4.9% over 1 year · closing price
FPXE closing price: £19.79 on 14/11/2025, £20.75 on 13/11/2026 (+4.9%); low £19.30, high £23.43.

Over the last year, the closing price went from £19.79 on 14/11/2025 to £20.75 on 13/11/2026 (+4.9%). The lowest close shown was £19.30 on 27/03/2026 and the highest £23.43 on 19/06/2026.

One close a week. Before 22/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.

As of , at least 15 min delayed

Five years of prices, and after inflation

262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.

Create a free account to see the 5-year price chart and the after-inflation chart

Sign-up takes an email address. There is no card to enter and nothing to pay.

How we work it out:Prices and returnsNAV and price

Risk and return in depth

Ratios that weigh return against its ups and downs, every rolling period rather than a few fixed ones, and each large fall with how long it took to recover.
  • Sharpe, Sortino and Calmar ratios

    Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.

    With a free account
  • Rolling returns

    The full range of 230 rolling 12-month returns since June 2021, and of 126 rolling three-year returns, in pounds, with how often they were above zero.

    With a free account
  • Largest falls and recoveries

    The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.

    With a free account

Create a free account to see the risk ratios, every rolling return and each large fall and its recovery

Sign-up takes an email address. There is no card to enter and nothing to pay.

  • Rank among similar funds

    Rank by total return over 1, 3 and 5 years among up to 210 European share funds, not currency-hedged, highest first.

    Pro
  • Moves compared with a similar fund

    Correlation and beta of weekly returns in pounds against iShares Core MSCI Europe UCITS ETF EUR (Acc), over the three years to 13/11/2026 (129 weeks).

    Pro

Pro — currently by invitation

Pro includes the rank among similar funds and moves against a comparable fund

Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].

Questions people ask

What is the ongoing charge of FPXE?

The ongoing charge of FPXE is 0.70% a year — about £70 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 Global Funds ICAV - First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR 0.70% a year. Compared on 14/11/2026, 1 of the 242 other European share funds charge more, 0 the same and 241 less (share classes counted once).

What does FPXE track?

FPXE tracks the IPOX 100 Europe Index - EUR - Benchmark TR Net.

Is FPXE accumulating or distributing?

FPXE 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 FPXE?

The ISIN of FPXE is IE00BFD26097. An ISIN identifies one exact share class of a fund; FPXE is its ticker on the London Stock Exchange. The same share class is also listed as IPXE (London Stock Exchange, US dollars).

What were FPXE’s returns in each of the last five years?

Calendar-year returns of FPXE in pounds (price, with income reinvested in the fund): 2022 −27.2%, 2023 +8.6%, 2024 +18.9%, 2025 +14.1%; 2026 to 13/11/2026 +3.8%. Past performance is not a guide to future returns.

How has FPXE done after inflation?

Over the five years to 13/11/2026 FPXE’s total return was +20.3%, or −6.1% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More European share funds, largest first. Size is a fact, not a verdict.

Fund documents and methods

Methodology:ReturnsCategoriesAll methods

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