First Trust International Equity… (FPXI) Performance
FPXI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.8% since Dec 31, 2025
- 1 year
- +7.2% total return
- 5 years
- −0.4% a year
- 10 years
- +9.7% a year
- Since first price
- +7.4% a year since 2014
FPXI trailing returns vs SPY, QQQ, AGG
| Period | FPXI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.9% | −9.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −12.2% | −12.5% | +3.2% | +1.9% | −0.4% |
| 6 months | −10.5% | −11.2% | +7.8% | +8.4% | −1.5% |
| YTD | +6.8% | +5.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +7.2% | +6.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +72.7%+20.0%/yr | +68.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −2.0%−0.4%/yr | −6.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +152.3%+9.7%/yr | +131.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionNov 7, 2014 | +134.7%+7.4%/yr | +109.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FPXI vs SPY
From Nov 7, 2014: FPXI grew to $23,465, SPY to $45,610.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FPXI returns by calendar year
6 of 11 full years positive. Best 2020 (+71.5%), worst 2022 (−31.8%). 2026 is year to date.
FPXI annual returns table
| Year | FPXI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.8% | −27.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +26.4% | −20.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.6% | −11.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +9.6% | −14.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −31.8% | −40.2% | −18.2% | −32.6% | −13.0% |
| 2021 | −15.7% | −28.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +71.5% | −27.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +33.7% | −7.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −13.1% | −24.2% | −4.6% | −0.1% | +0.1% |
| 2017 | +39.3% | −4.4% | +21.7% | +32.7% | +3.6% |
| 2016 | −4.0% | −16.7% | +12.0% | +7.1% | +2.4% |
| 2015 | −5.1% | −23.1% | +1.2% | +9.4% | +0.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FPXI largest drawdowns
Now 27.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 16, 2021 | −55.8% | Oct 24, 2022 | May 26, 2026 | 1.7 years | 5.3 years |
| May 22, 2015 | −31.6% | Feb 11, 2016 | Jun 2, 2017 | 9 months | 2.0 years |
| Jun 22, 2026 | −27.5% | Oct 22, 2026 | not yet | 4 months | 4 months so far |
| Feb 19, 2020 | −27.0% | Mar 20, 2020 | May 11, 2020 | 30 days | 3 months |
| Jan 26, 2018 | −24.2% | Dec 21, 2018 | Dec 16, 2019 | 11 months | 1.9 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FPXI risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2014 |
|---|---|---|---|---|
| Annualized return | +21.7% | +1.9% | +10.4% | +7.9% |
| Volatility (annualized) | 22.9% | 22.9% | 20.5% | 20.3% |
| Sharpe ratio | 0.79 | 0.04 | 0.47 | 0.38 |
| Sortino ratio | 1.28 | 0.06 | 0.75 | 0.60 |
| Best month | +14.1% | +14.1% | +14.1% | +14.1% |
| Worst month | −18.2% | −18.2% | −18.2% | −18.2% |
| Best 12 months | +49.2% | +49.2% | +80.1% | +80.1% |
| Worst 12 months | +2.9% | −45.7% | −45.7% | −45.7% |
| Positive months | 61% | 48% | 55% | 53% |
| Beta vs S&P 500 | 1.25 | 0.97 | 0.91 | — |
| Correlation with S&P 500 | 0.68 | 0.66 | 0.68 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FPXI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 132 | −45.7% | +12.8% | +80.1% | 68% |
| 3-year (a year) | 108 | −15.5% | +11.1% | +29.8% | 78% |
| 5-year (a year) | 84 | −2.2% | +5.8% | +25.3% | 94% |
| 10-year (a year) | 24 | +5.7% | +9.3% | +14.0% | 100% |
Every holding period starting at a month-end since 2014. Returns for 3 years and longer are annualized.
FPXI performance overview
First Trust International Equity… (FPXI) returned +7.2% over the past year and +9.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2014 it has returned +7.4% a year, turning $10,000 into about $23,465. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −55.8%, from Feb 16, 2021 to Oct 24, 2022, and it took 3.6 years to get back to the old high. FPXI finished 6 of its 11 full calendar years with a gain; the best year was 2020 (+71.5%) and the worst 2022 (−31.8%). Volatility has been 20.3% a year.
Related: FPXI chart, FPXI holdings, FPXI dividends. See the FPXI overview for the latest quote and fund facts.
FPXI performance FAQ
What is the FPXI return over the past year?
FPXI returned +7.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.2%.
What is the average annual return of FPXI?
FPXI has returned −0.4% a year over 5 years, +9.7% a year over 10 years, +7.4% a year since November 7, 2014 (total return, distributions reinvested).
How much would $10,000 invested in FPXI be worth?
$10,000 invested in FPXI at its first recorded close on November 7, 2014 would be worth about $23,465 on October 23, 2026 with distributions reinvested.
What was the worst year for FPXI?
The worst calendar year was 2022, with a total return of −31.8%. The best was 2020 at +71.5%.
What is the biggest drawdown of FPXI?
The largest peak-to-trough decline was −55.8% between February 16, 2021 and October 24, 2022. It recovered to the old high on May 26, 2026, 3.6 years after the bottom.
How volatile is FPXI?
Over the past 3 years FPXI had an annualized volatility of 22.9% and a Sharpe ratio of 0.79 (excess return over 1–3 month T-bills per unit of risk).