Easy and safer way to trade IPOs

I assume everyone who trades stocks know what is an IPO: An initial public offering (IPO) is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time. In theory, everyone has the same chance to buy an IPO stock but in reality you rarely have the chance to buy an IPO at a reasonable price, unless it is a stock that no one wants. It is almost always the case that an IPO will be traded 25%-50% or even higher than its offering price on the first day. If you chased the stock and got in with an elevated price, you would likely lose money. So as an individual investors, it is difficult to trade individual IPO stocks. But now there is an easy way to trade IPOs via the First Trust IPOX-100 Index Fund (NYSE: FPX) that is an ETF focused on IPOs. This is a great way to profit from the IPO market. No need to chase any IPO, no emotion to be involved and no need to try to get any insider information. One simply step and you get a basket of IPOs, screened and selected via its value-based methodology. FPX has a rather diversified portfolio including a wide range of sectors including positions in finance, auto, retail, heavy industry, energy and  metals.

It has a great track record in its performance: in the past 2 years, it has outperformed S&P 500 in a wide margin, roughly double the return of the broad market index!