Another Market-Beating Niche ETF

Beyond Facebook, some of the more noteworthy IPOs of the past few years are included on FPX’s roster including Micahel Kors (NYSE: KORS), Tesla (NasdaqGM: TSLA) and Groupon (NasdaqGM: GRPN).

There are some big names among new stocks missing from FPX’s lineup, including Elon Musk’s Solar City (NasdaqGM: SCTY), LinkedIn (NYSE: LNKD) and Yelp (NYSE: YELP). Still, it is hard to complain about an ETF that has topped the S&P 500 by 560 basis points this year.

First Trust US IPO Index Fund

ETF Trends editorial team contributed to this report. Tom Lydon’s clients own shares of Facebook.