First Trust Feature | Nasdaq Dorsey Wright

First Trust Feature

Published: December 17, 2025

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

There is a change to the First Trust International Model (FTRUSTINTL); sell FDNI, buy FEP.

There is a change to the First Trust International Model (FTRUSTINTL).

With this week’s evaluation the First Trust International Model is removing the First Trust Dow Jones International Internet ETF (FDNI), which fell below the sell threshold within the model’s relative strength matrix. In its place, the model is adding the First Trust Europe AlphaDEX Fund (FEP), which is the highest-ranking fund in the model matrix not already owned. This marks the fifth change to the model during 2025 as the strategy has generally rotated toward and overweighted European exposure.

On the point and figure trend chart, FEP has maintained a buy signal and a positive trend since April of this year, and recent action brought about a fourth buy signal and a new all-time chart high with the double top break at $53 earlier in December. The fund sustains positive near and long-term relative strength versus the market and its peer group, which along with the positive trend, provides a strong 5.72 fund score (out of 6). Year-to-date, FEP is up 47% (thru 12/15), outperforming the MSCI ACWI ex-US Index by more than 17%, while maintaining a current yield north of almost 3%.

With the change, the First Trust International Model will rebalance the five holdings to equally weighted at 20% and will now maintains exposure to the Eurozone (FEUZ) and Europe (FEP) funds, along with the United Kingdom (FKU), Germany (FGM), and China (FCA). Year-to-date, the International Model has gained just shy of 27.5%, lagging its benchmark by 1.6%.

Back to report

DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. First Trust has arranged with Dorsey, Wright to provide this specialized ETF page on the First Trust ETFs. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included therein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including First Trust ETF shares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. Neither First Trust nor Dorsey Wright through this ETF page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations and rules, including NASD Rules 2090 and 2111 (Know Your Customer). The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or First Trust. If you are not familiar with Point & Figure methodology, we suggest you read “Point & Figure Charting, 4th Edition” by Thomas J. Dorsey and visit the PnF University, www.dorseywright.com. If you are not familiar with the First Trust ETF product, or Exchange Traded Funds (ETFs), we suggest you visit www.ftportfolios.com.