Published on 8 May 2024 on Zacks via Yahoo Finance
A smart beta exchange traded fund, the First Trust Japan AlphaDEX ETF (FJP) debuted on 04/18/2011, and offers broad exposure to the Asia-Pacific (Developed) ETFs category of the market.
What Are Smart Beta ETFs?
For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.