FEP vs SPEU: holdings overlap, shared companies and scores
As of October 9, 2026, FEP and SPEU overlap 20.6% by weight. First Trust Europe AlphaDEX Fund (FEP): European equities via AlphaDEX State Street SPDR Portfolio Europe ETF (SPEU): Broad Western European companies.
Updated October 9, 2026
Where FEP and SPEU trade against their own history
FEP trades at 12.1 times earnings, against its own median of 10.9, and is more expensive than 76% of its own last 9 years.
SPEU trades at 16.4 times earnings, against its own median of 16.6, and is cheaper than 52% of its own last 7 years.
What moved SPEU this week
SPEU fell 0.5% in the week to October 9, 2026. The holdings that moved it most were ASML (−3.4%), Schneider Electric (−12.3%) and Rolls-Royce (−6.0%); Totalenergies SE (+5.2%) pushed the other way.
What do FEP and SPEU each hold?
What's inside FEP: Tech 3%, Semiconductors 1%.
10% of FEP is its ten largest holdings.
What's inside SPEU: Tech 10%, Semiconductors 6%.
19% of SPEU is its ten largest holdings.
How much do FEP and SPEU overlap? 20.6% by weight
As of October 9, 2026, FEP and SPEU overlap 20.6% by weight.
98% of FEP is already inside SPEU.
30% of SPEU is already inside FEP.
FEP holds 199 companies and SPEU holds 1,693; 196 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FEP and SPEU? 3.6 and 4.9 out of 10
As of October 9, 2026, ETF Copilot scores FEP 3.6 out of 10 and SPEU 4.9 out of 10.
They differ most on Quality: FEP 2.8 and SPEU 5.7.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FEP | SPEU |
|---|---|---|
| Growth | 2.1 | 4.8 |
| Value | 4.4 | 5.9 |
| Risk | 2.9 | 4.8 |
| Quality | 2.8 | 5.7 |
| Return | 5.6 | 4.1 |
SPEU is the cheaper of the two at 0.07% a year
As of October 9, 2026, FEP charges 0.80% a year, yields 3.12% and holds $486M in assets across 199 positions.
As of October 9, 2026, SPEU charges 0.07% a year, yields 3.63% and holds $683M in assets across 1693 positions.
| Measure | FEP | SPEU |
|---|---|---|
| Expense ratio | 0.80% | 0.07% |
| Dividend yield | 3.12% | 3.63% |
| Assets under management | $486M | $683M |
| Holdings | 199 | 1693 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “FEP vs SPEU holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/fep-vs-speu
ETF Copilot Pro unlocks FEP vs SPEU prices and holdings.
Try Pro free →