FEP vs IEUR
First Trust Europe AlphaDEX Fund compared with iShares Core MSCI Europe ETF on yield, payout growth, payment schedule, cost and risk.
FEP
First Trust Europe AlphaDEX Fund
TTM yield · Quarterly
IEUR
iShares Core MSCI Europe ETF
TTM yield · Semi-annual
Quick take
- FEP yields more today: 5.30% vs 3.98% (forward).
- IEUR has grown its payout faster: 11.7%/yr vs 2.9%/yr over the last 5 years.
- FEP pays every quarter; IEUR pays twice a year.
- Over the last year FEP delivered the higher total return: +24.8% vs +19.8% (price change plus payouts).
- IEUR is cheaper to own: 0.10% vs 0.80% expense ratio.
- IEUR has the steadier distribution: consistency 54/100 vs 21/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FEP | IEUR |
|---|---|---|
| Share price | $60.35 | $77.58 |
| TTM yield | 2.65% | 3.08% |
| Forward yield | 5.30% | 3.98% |
| Annual payout per share | $3.196 | $3.084 |
| Payment frequency | Quarterly | Semi-annual |
| Next ex-date | Sep 24, 2026 (est.) | Dec 14, 2026 (est.) |
| Expense ratio | 0.80% | 0.10% |
| 1-year payout growth | -2.1% | +20.8% |
| 5-year payout CAGR | +2.9% | +11.7% |
| Consecutive years of increases | 3 years | 4 years |
| Payout consistency (last 12) | 21/100 | 54/100 |
| 1-year total return | +24.8% | +19.8% |
| 1-year price return | +21.6% | +16.2% |
| Size (market cap / AUM) | 539.2M | 9.3B |
| Years paying | 15.2 | 11.7 |
| Sector / category | Europe Stock | Europe Stock |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FEP | IEUR | |
|---|---|---|
| Shares | 165.7 | 128.9 |
| Income per year | $530 | $398 |
| Income per month (avg) | $44 | $33 |
At forward yields, before taxes. Model FEP · Model IEUR
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FEP Sep 24, 2026 | Sep 29, 2026 | $0.799 | Est. |
| FEP Dec 24, 2026 | Dec 29, 2026 | $0.799 | Est. |
| FEP Mar 25, 2027 | Mar 30, 2027 | $0.799 | Est. |
| IEUR Dec 14, 2026 | Dec 28, 2026 | $1.542 | Est. |
| IEUR Jun 14, 2027 | Jun 28, 2027 | $1.542 | Est. |
Annual payouts per share
FEPIEUR
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FEP or IEUR?
IEUR currently has the higher trailing yield: FEP yields 2.65% and IEUR yields 3.08%. Yield changes daily with price, so check the live figures above.
How often do FEP and IEUR pay?
FEP pays every quarter and IEUR pays twice a year. FEP's next ex-date is Sep 24, 2026 and IEUR's is Dec 14, 2026.
Which has grown its dividend faster, FEP or IEUR?
IEUR has grown its payout faster: 11.7%/yr vs 2.9%/yr over the last 5 years.
Is FEP or IEUR better for income?
It depends on what you are optimising for. FEP and IEUR differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.