# First Trust IPOX Europe Equity Opportunities UCITS ETF Accum A EUR (FPXE) **Page:** https://fundology.uk/fund/fpxe · ISIN IE00BFD26097 ## 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, 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. ## Summary 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. Latest close: **£20.75** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FPXE | | ISIN | IE00BFD26097 | | Also listed as | IPXE (London Stock Exchange, US dollars) | | Category | European shares | | Type | ETF | | Provider | First Trust | | Tracks | IPOX 100 Europe Index - EUR - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.70% a year (£70 per £10,000) | | Fund size | £1.0m | | Launched | 2021 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/06/2021 | ## 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 | +4.41% | +0.72% | income reinvested | | 3 years | +50.68% | +36.14% | income reinvested | | 5 years | +20.25% | -6.13% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year 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%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -27.2% | -33.4% | Price | | 2023 | +8.6% | +4.3% | Price | | 2024 | +18.9% | +14.8% | Price | | 2025 | +14.1% | +10.1% | Price | | 2026 to 13/11/2026 | +3.8% | +0.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 15.56% | -13.96% | | 3 years | 15.17% | -17.42% | | 5 years | 17.49% | -37.16% | ## Largest fall 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. ## Charges compared with similar funds 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). ## Charges & eligibility - Ongoing charges figure (OCF): **0.70%** 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 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. --- 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.