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FGMvsEZUETF Comparison

ETF 1

FGM

First Trust Germany AlphaDEX Fund ETF

This fund is part of

Europe Blended Cap

-0.41%

Full FGM fund page

VS

ETF 2

EZU

iShares MSCI Eurozone ETF

This fund is part of

Europe Blended Cap

-0.41%

Full EZU fund page

First Trust Germany AlphaDEX Fund ETF (FGM) and iShares MSCI Eurozone ETF (EZU) belong to the same industry segment: Europe Blended Cap. FGM's top 3 sector exposures are Industrials, Finance and Non-Energy Materials. In contrast, EZU's top sector exposures are Finance, Industrials and Technology. FGM is more expensive with a Total Expense Ratio (TER) of 0.8%, versus 0.5% for EZU. FGM is up 2.13% year-to-date (YTD) with +$15M in YTD flows. EZU performs better with 8.01% YTD performance, and -$13M in YTD flows. Run a side-by-side ETF comparison of FGM and EZU 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 EZU 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 07/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FGM EZU	-2.67%-1.05%	-2.73%+1.41%	+2.13%+8.01%	+14.50%+17.65%	+65.81%+57.21%	+25.82%+65.14%
Flows	FGM EZU	--	-$16M-$308M	+$15M-$13M	+$24M+$244M	+$65M-$1.78B	+$3M-$1.19B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FGM EZU	+22.81%+20.69%	+21.67%+17.87%	+20.37%+16.83%	+23.22%+19.67%
Max drawdown	FGM EZU	-7.99%-4.44%	-17.67%-12.88%	-17.67%-14.55%	-49.67%-36.27%
Max drawdown duration	FGM EZU	49d16d	157d96d	157d44d	1347d901d

Trading data

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	FGM	EZU
Last sale 7/20/2026 at 1:30 PM	$61.90	$67.48
Previous close 07/17/2026	$62.69	$67.97
Consolidated volume 07/17/2026
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	EZU
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/20/2026 at 1:30 PM

Live

Closed

	FGM	EZU
Last price	$61.90	$67.48
1D performance	-1.25%	-0.72%
AuM	$97.57 M	$9.41 B
E/R	0.8%	0.5%

Characteristics

	FGM	EZU
Management strategy	Passive	Passive
Provider	First Trust	iShares
Benchmark	NASDAQ AlphaDEX Germany Index	MSCI EMU Index
N° of holdings	35	221
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	February 14, 2012	July 25, 2000
ESG	No	No

More FGM data on Trackinsight

More EZU data on Trackinsight

Exposure

Countries

FGM

Germany

82.49%

Other

17.51%

EZU

Germany

25.6%

France

25.18%

Netherlands

18.67%

Spain

10.33%

Italy

8.99%

Other

11.23%

Sectors

FGM

Industrials

35.86%

Finance

15.37%

Non-Energy Materi.

13.41%

Consumer Cyclical.

9.35%

Other

26.01%

EZU

Finance

25.59%

Industrials

19.65%

Technology

16.37%

Consumer Cyclical.

7.75%

Other

30.65%

Diversification

FGM

Total weight of top 15 holdings out of 15

56.69%

EZU

Total weight of top 15 holdings out of 15

36.83%

Top 15 holdings

Data as of May 31, 2026

FGM

Aurubis AG

6.91%

Hochtief AG

5.68%

Nordex SE

4.66%

Deutsche Lufthansa AG

3.95%

thyssenkrupp AG

3.93%

Aroundtown SA

3.78%

Deutsche Post AG

3.51%

LEG Immobilien SE

3.50%

Siemens Energy AG

3.18%

Bayerische Motoren Werke AG

3.16%

Bilfinger SE

3.14%

Bayer AG

3.03%

Volkswagen AG

2.79%

Mercedes-Benz Group AG

2.74%

Vonovia SE

2.73%

EZU

ASML Holding NV

8.27%

Siemens AG

3.09%

SAP SE

2.50%

Banco Santander SA

2.37%

TotalEnergies SE

2.28%

Schneider Electric SE

2.28%

Allianz SE

2.23%

Siemens Energy AG

1.95%

Iberdrola SA

1.83%

LVMH Moët Hennessy Louis Vuitton SE

1.81%

Banco Bilbao Vizcaya Argentaria SA

1.74%

Airbus SE

1.64%

Infineon Technologies AG

1.63%

Safran SA

1.63%

Air Liquide SA

1.59%

Frequently asked questions about FGM and EZU

FGMvsEZUETF Comparison

First Trust Germany AlphaDEX Fund ETF

iShares MSCI Eurozone ETF

FGM vs EZU 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 EZU ETFs performed in 2026?

As of July 16, 2026, FGM is up 2.13% year-to-date (YTD), while EZU has returned 8.01%. That puts EZU better performer ahead so far this year.

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

Year-to-date, the FGM ETF saw +$15M in flows, compared to -$13M for EZU.

Which ETF is more volatile: FGM or EZU?

Over the past year, FGM had a volatility of 21.67%, while EZU experienced 17.87%.

Which ETF is bigger: FGM or EZU?

As of July 16, 2026, FGM holds $97.57 M in assets under management (AUM), while EZU manages $9.41 B.

What sectors do the FGM and EZU ETFs invest in?

FGM leans toward sectors like Industrials, Finance and Non-Energy Materials. Meanwhile, EZU focuses on Finance, Industrials and Technology.

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

FGM top holdings include Aurubis AG, Hochtief AG and Nordex SE. EZU holds in its top three: ASML Holding NV, Siemens AG and SAP SE.

Which ETF is more diversified: FGM or EZU?

FGM holds 35 securities with 56.69% of its assets in the top 15. EZU has 223 securities and a top 15 weight of 36.83%.

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