FGM - First Trust Germany AlphaDEX Fund
The First Trust Germany AlphaDEX Fund is an exchange-traded fund (ETF) that seeks to mirror the total return, encompassing both capital appreciation and income, of the Nasdaq AlphaDEX Germany Index. Its primary goal is to deliver investment results that broadly align with this specific equity benchmark, before accounting for the fund's own operational costs and fees.
As of Jun 30, 2026: spot at $63.35, ATM IV 33.1%, net GEX $2.2K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $85.1M
- Beta
- 1.16
- 52-Week Range
- 52.93-71.12
- Dividend Yield
- $0.84
- IPO Date
- Feb 17, 2012
- Exchange
- NASDAQ
What FGM Looks Like to Options Traders Today
IV rank of 2.2% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($2.2K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.014) is roughly flat across the wings.
What This Page Covers
The FGM overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked FGM overview questions
- What is FGM?
- FGM is the ticker symbol for First Trust Germany AlphaDEX Fund, an listed exchange-traded fund. The First Trust Germany AlphaDEX Fund is an exchange-traded fund (ETF) that seeks to mirror the total return, encompassing both capital appreciation and income, of the Nasdaq AlphaDEX Germany Index. Its primary goal is to deliver investment results that broadly align with this specific equity benchmark, before accounting for the fund's own operational costs and fees. Listed on NASDAQ. FGM is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the FGM options snapshot look like today?
- As of Jun 30, 2026, the FGM options snapshot shows spot at $63.35, ATM IV 33.1%, IV rank 2.2%, net GEX $2.2K, expected move 9.49%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are FGM's key statistics?
- First Trust Germany AlphaDEX Fund (FGM) carries a market capitalization of $85.1M, 52-week range of 52.93-71.12. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does FGM belong to?
- First Trust Germany AlphaDEX Fund operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FGM's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the FGM data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.