EMDM vs. AAXJ ETF Comparison

Comparison of First Trust Bloomberg Emerging Market Democracies ETF (EMDM) to iShares MSCI All Country Asia ex Japan Index Fund (AAXJ)

EMDM

First Trust Bloomberg Emerging Market Democracies ETF

EMDM Description

The fund will normally invest at least 80% of its net assets in the common stocks, depositary receipts, preferred shares and real estate investment trusts that comprise the index. The index is constructed to track the performance of companies within emerging market countries as determined by the index Provider, that meet minimum political rights and civil liberties standards to qualify as Electoral Democracies according to Freedom House. It is non-diversified.

Grade (RS Rating)

Last Trade

$22.27

Average Daily Volume

848

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AAXJ

iShares MSCI All Country Asia ex Japan Index Fund

AAXJ Description

The investment seeks to replicate the returns of the MSCI All Country Asia ex Japan Index. The fund generally invests at least 90% of its assets in securities of the underlying index and in DRs representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure equity market performance of the following 10 developed and emerging market countries or regions: China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand. Components primarily include consumer discretionary, financial, industrials and information technology companies.

Grade (RS Rating)

Last Trade

$74.00

Average Daily Volume

607,485

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMDM	AAXJ
30 Days	-3.91%	-4.42%
60 Days	-6.17%	-0.92%
90 Days	-7.86%	0.48%
12 Months	6.24%	14.85%

4 Overlapping Holdings

Symbol	Grade	Weight in EMDM	Weight in AAXJ	Overlap
CHT	D	0.24%	0.2%	0.2%
HDB	C	2.01%	1.26%	1.26%
IBN	C	1.37%	1.15%	1.15%
UMC	F	0.24%	0.23%	0.23%

EMDM Overweight 5 Positions Relative to AAXJ

Symbol	Grade	Weight
VALE	F	2.01%
ABEV	F	0.64%
KB	B	0.58%
SHG	D	0.53%
ASAI	F	0.52%

EMDM Underweight 12 Positions Relative to AAXJ

Symbol	Grade	Weight
BABA	D	-2.51%
TCOM	B	-0.49%
BIDU	F	-0.35%
YUMC	C	-0.27%
LI	F	-0.21%
BGNE	D	-0.15%
WIT	A	-0.13%
TME	D	-0.12%
XPEV	C	-0.11%
NIO	F	-0.09%
BILI	D	-0.06%
MNSO	F	-0.02%