First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF

FPXI

Market cap $160M

Figma, Circle, and CoreWeave are just a few names to remind investors that the initial public offering (IPO) market is alive and kicking despite the market challenges in 2025. This opens the door into a room with IPO-focused exchange-traded funds (ETFs) that can provide niche exposure to these up and comers.

IPO market momentum accelerates as U.S. listings surge, boosting ETFs like FPX, IPO, FPXI and IPOS across the board.

Expectations of a favorable business climate and less stringent regulations under the incoming Trump administration have made investors optimistic about the future of the IPO market. Look at ETFs to capitalize on the optimism.

The International Monetary Fund (IMF) forecasts global central banks to start interest rate cuts in the latter half of the year.