The IPOX® Indexes
Independent benchmarks connecting investors to new listings across global markets.
ETF-linked indexes
3 indexesIPOX® 100 U.S. Index

Exposure to 100 leading U.S. IPOs and spin-offs, weighted by market capitalization with a 10% cap per company.
Tracked by First Trust US Equity Opportunities ETF (FPX)
IPOX® 100 Europe Index

Brings together 100 leading European and Europe-affiliated new listings across countries and industry sectors.
Tracked by First Trust IPOX® Europe Equity Opportunities ETF (FPXE)
IPOX® International Index

A portfolio of 50 of the largest and most liquid newly public companies outside the United States.
Tracked by First Trust International Equity Opportunities ETF (FPXI)
Regional indexes
7 indexesIPOX® Canada Opportunities

Tracks newly public Canadian companies, including IPOs, spin-offs and companies involved in IPO-related acquisitions.
IPOX® Global 50 Index

Tracks 50 of the largest and most liquid newly public companies worldwide.
IPOX® Global Nordic Index

Tracks leading new listings from Denmark, Finland, Norway and Sweden.
IPOX® Greater China Index

Tracks leading Greater China companies listed outside mainland China, focusing on recent IPOs and spin-offs.
IPOX® Japan Index

Tracks leading newly public Japanese companies selected from the IPOX® Global Composite Index.
IPOX® MENA Index

Tracks leading new listings across the Middle East and North Africa, including Saudi Arabia and the United Arab Emirates.
IPOX® U.S. Composite Index

Tracks the broad universe of U.S. new listings, with dynamic maintenance as companies enter and leave the eligible universe.
Thematic indexes
6 indexesGINDEX® International Growth Infusion Index

Tracks international companies that have acquired newly public businesses outside the United States.
GINDEX® U.S. Growth Infusion Index

Tracks established companies that have acquired U.S. new listings through full takeovers.
IPOX® Alpha Plus Active Index

An actively managed portfolio of U.S.-listed companies selected using IPOX® research and its proprietary environmental, social and governance framework.
IPOX® Health Innovation Index

Tracks global healthcare and biotechnology companies, including new listings and acquirers of healthcare innovation.
IPOX® High Dividend 7% Strategy

Targets dividend-paying companies across global new listings and related acquisitions, with a target dividend yield of 7%.
IPOX® SPAC Index

Tracks the aftermarket performance of U.S.-listed special purpose acquisition companies and selected companies formed through SPAC mergers.
Fixed income
4 indexesIPOX® Bond Indexes

Corporate bond benchmarks covering investment-grade and high-yield debt from companies in the IPOX® universe.
Sub-indexes
IPOX® Aggregate Bond Index

Tracks investment-grade and high-yield corporate bonds issued by companies in the IPOX® universe.
IPOX® High Yield Bond Index

Tracks below-investment-grade corporate bonds issued by companies in the IPOX® universe.
IPOX® Liquid Investment Grade Bond Index

Tracks liquid investment-grade corporate bonds issued by companies in the IPOX® universe.
