EMDM vs. IQDF ETF Comparison

Comparison of First Trust Bloomberg Emerging Market Democracies ETF (EMDM) to FlexShares International Quality Dividend Index Fund (IQDF)

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

IQDF

FlexShares International Quality Dividend Index Fund

IQDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust International Quality Dividend IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in its underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of international equity securities issued by non-U.S.-based companies, with an emphasis on long-term capital growth and a targeted overall volatility.

Grade (RS Rating)

Last Trade

$24.50

Average Daily Volume

40,220

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMDM	IQDF
30 Days	-3.91%	-3.56%
60 Days	-6.17%	-4.31%
90 Days	-7.86%	-4.47%
12 Months	6.24%	15.13%

2 Overlapping Holdings

	Symbol	Grade	Weight in EMDM	Weight in IQDF	Overlap
	UMC	F	0.24%	0.23%	0.23%
	VALE	F	2.01%	0.2%	0.2%

EMDM Overweight 7 Positions Relative to IQDF

Symbol	Grade	Weight
HDB	C	2.01%
IBN	C	1.37%
ABEV	F	0.64%
KB	B	0.58%
SHG	D	0.53%
ASAI	F	0.52%
CHT	D	0.24%

EMDM Underweight 10 Positions Relative to IQDF

Symbol	Grade	Weight
NVS	D	-1.89%
MUFG	B	-0.54%
HSBH	B	-0.54%
BCS	C	-0.48%
SMFG	B	-0.4%
BABA	D	-0.3%
STLA	F	-0.27%
AGCO	D	-0.21%
UL	D	-0.08%
CNI	D	-0.03%