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FGMvsEWUETF Comparison

ETF 1

FGM

First Trust Germany AlphaDEX Fund ETF

This fund is part of

Europe Blended Cap

-0.86%

Full FGM fund page

VS

ETF 2

EWU

iShares MSCI United Kingdom ETF

This fund is part of

Europe Blended Cap

-0.86%

Full EWU fund page

First Trust Germany AlphaDEX Fund ETF (FGM) and iShares MSCI United Kingdom ETF (EWU) belong to the same industry segment: Europe Blended Cap. FGM's top 3 sector exposures are Industrials, Finance and Non-Energy Materials. In contrast, EWU's top sector exposures are Finance, Consumer Non-Cyclicals and Healthcare. FGM is more expensive with a Total Expense Ratio (TER) of 0.8%, versus 0.5% for EWU. FGM is up 1.53% year-to-date (YTD) with +$15M in YTD flows. EWU performs better with 7.31% YTD performance, and +$967M in YTD flows. Run a side-by-side ETF comparison of FGM and EWU below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FGM vs EWU performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 07/17/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FGM EWU	-1.48%+1.88%	-5.23%-1.45%	+1.53%+7.31%	+13.49%+20.10%	+64.85%+57.39%	+27.33%+79.02%
Flows	FGM EWU	-+$284M	-$16M+$554M	+$15M+$967M	+$24M+$554M	+$65M+$147M	+$3M-$400M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FGM EWU	+22.46%+16.37%	+21.68%+14.63%	+20.36%+14.26%	+23.21%+16.27%
Max drawdown	FGM EWU	-7.99%-4.76%	-17.67%-10.03%	-17.67%-12.53%	-49.67%-24.74%
Max drawdown duration	FGM EWU	50d91d	158d141d	158d38d	1347d427d

Trading data

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	FGM	EWU
Last sale 7/21/2026 at 1:30 PM	$62.77	$46.77
Previous close 07/20/2026	$61.90	$46.39
Consolidated volume 07/20/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

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	FGM	EWU
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/21/2026 at 1:30 PM

Live

Closed

	FGM	EWU
Last price	$62.77	$46.77
1D performance	+1.41%	+0.82%
AuM	$97.00 M	$3.97 B
E/R	0.8%	0.5%

Characteristics

	FGM	EWU
Management strategy	Passive	Passive
Provider	First Trust	iShares
Benchmark	NASDAQ AlphaDEX Germany Index	MSCI UK Index
N° of holdings	35	67
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	February 14, 2012	March 12, 1996
ESG	No	No

More FGM data on Trackinsight

More EWU data on Trackinsight

Exposure

Countries

FGM

Germany

83.64%

Other

16.36%

EWU

United Kingdom

93.26%

Other

6.74%

Sectors

FGM

Industrials

37.5%

Finance

15.72%

Non-Energy Materi.

12.55%

Consumer Cyclical.

7.83%

Healthcare

7.83%

Other

18.57%

EWU

Finance

26.55%

Consumer Non-Cycl.

15.39%

Healthcare

14.27%

Energy

12.27%

Industrials

9.31%

Other

22.22%

Diversification

FGM

Total weight of top 15 holdings out of 15

57.42%

EWU

Total weight of top 15 holdings out of 15

65.11%

Top 15 holdings

Data as of June 30, 2026

FGM

Hochtief AG

5.99%

Aurubis AG

5.77%

Nordex SE

5.20%

Deutsche Lufthansa AG

4.73%

Bayer AG

4.31%

Deutsche Post AG

3.75%

thyssenkrupp AG

3.67%

LEG Immobilien SE

3.61%

Aroundtown SA

3.51%

Siemens Energy AG

3.31%

Bilfinger SE

3.08%

Vonovia SE

2.83%

Henkel AG & Co. KGaA

2.61%

Bayerische Motoren Werke AG

2.54%

Commerzbank AG

2.51%

EWU

HSBC Holdings Plc

10.54%

AstraZeneca PLC

9.13%

Shell Plc

7.06%

Rolls-Royce Holdings Plc

5.20%

Unilever Plc

4.24%

British American Tobacco plc

4.02%

GSK Plc

3.44%

Rio Tinto Plc

3.25%

BP Plc

3.14%

Barclays PLC

2.97%

Lloyds Banking Group Plc

2.79%

National Grid Plc

2.66%

BAE Systems Plc

2.31%

NatWest Group Plc

2.28%

Glencore Plc

2.07%

Frequently asked questions about FGM and EWU

How have the FGM and EWU ETFs performed in 2026?

As of July 17, 2026, FGM is up 1.53% year-to-date (YTD), while EWU has returned 7.31%. That puts EWU better performer ahead so far this year.

Which ETF is attracting more investor money: FGM or EWU?

Year-to-date, the FGM ETF saw +$15M in flows, compared to +$967M for EWU.

Which ETF is more volatile: FGM or EWU?

Over the past year, FGM had a volatility of 21.68%, while EWU experienced 14.63%.

Which ETF is bigger: FGM or EWU?

As of July 17, 2026, FGM holds $97.00 M in assets under management (AUM), while EWU manages $3.97 B.

What sectors do the FGM and EWU ETFs invest in?

FGM leans toward sectors like Industrials, Finance and Non-Energy Materials. Meanwhile, EWU focuses on Finance, Consumer Non-Cyclicals and Healthcare.

What are the top holdings of the FGM ETF and EWU ETF?

FGM top holdings include Hochtief AG, Aurubis AG and Nordex SE. EWU holds in its top three: HSBC Holdings Plc, AstraZeneca PLC and Shell Plc.

Which ETF is more diversified: FGM or EWU?

FGM holds 35 securities with 57.42% of its assets in the top 15. EWU has 67 securities and a top 15 weight of 65.11%.

An introduction to Country-Based ETFs

July 7, 2022

EWU

FGMvsEWUETF Comparison

First Trust Germany AlphaDEX Fund ETF

iShares MSCI United Kingdom ETF

FGM vs EWU performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FGM and EWU ETFs performed in 2026?

As of July 17, 2026, FGM is up 1.53% year-to-date (YTD), while EWU has returned 7.31%. That puts EWU better performer ahead so far this year.

Which ETF is attracting more investor money: FGM or EWU?

Year-to-date, the FGM ETF saw +$15M in flows, compared to +$967M for EWU.

Which ETF is more volatile: FGM or EWU?

Over the past year, FGM had a volatility of 21.68%, while EWU experienced 14.63%.

Which ETF is bigger: FGM or EWU?

As of July 17, 2026, FGM holds $97.00 M in assets under management (AUM), while EWU manages $3.97 B.

What sectors do the FGM and EWU ETFs invest in?

FGM leans toward sectors like Industrials, Finance and Non-Energy Materials. Meanwhile, EWU focuses on Finance, Consumer Non-Cyclicals and Healthcare.

What are the top holdings of the FGM ETF and EWU ETF?

FGM top holdings include Hochtief AG, Aurubis AG and Nordex SE. EWU holds in its top three: HSBC Holdings Plc, AstraZeneca PLC and Shell Plc.

Which ETF is more diversified: FGM or EWU?

FGM holds 35 securities with 57.42% of its assets in the top 15. EWU has 67 securities and a top 15 weight of 65.11%.

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