EMIF vs. FPA ETF Comparison

Comparison of iShares S&P Emerging Markets Infrastructure Index Fund (EMIF) to First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA)

EMIF

iShares S&P Emerging Markets Infrastructure Index Fund

EMIF Description

The investment seeks to track the investment results of an index composed of 30 of the largest emerging market equities in the infrastructure industry. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Emerging Markets Infrastructure IndexTM (the "underlying index"), which is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.00

Average Daily Volume

1,775

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPA

First Trust Asia Pacific ex-Japan AlphaDEX Fund

FPA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Asia Pacific Ex-Japan Index. The fund normally invests at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Asia Pacific Ex-Japan BMI Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.75

Average Daily Volume

1,615

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMIF	FPA
30 Days	0.56%	-2.88%
60 Days	1.07%	-2.68%
90 Days	5.43%	4.30%
12 Months	3.24%	4.30%

1 Overlapping Holdings

	Symbol	Grade	Weight in EMIF	Weight in FPA	Overlap
	KEP	C	3.5%	1.58%	1.58%

EMIF Overweight 8 Positions Relative to FPA

Symbol	Grade	Weight
PAC	A	8.89%
ASR	A	7.86%
EBR	D	6.54%
UGP	D	5.57%
SBS	C	4.79%
OMAB	A	3.58%
CIG	B	3.14%
ELP	F	1.64%

EMIF Underweight 5 Positions Relative to FPA

Symbol	Grade	Weight
KB	B	-1.65%
SHG	B	-1.57%
SKM	D	-1.28%
KT	D	-1.21%
XRX	F	-0.61%

EMIF: Top Represented Industries & Keywords

Industries: Airports & Air Services Utilities - Diversified Utilities - Regulated Electric Oil & Gas Refining & Marketing Utilities - Regulated Water