EMM vs. FPA ETF Comparison

Comparison of Global X Emerging Markets ETF (EMM) to First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA)

EMM

Global X Emerging Markets ETF

EMM Description

EMM seeks long-term capital growth by investing in companies believed to be able to achieve and maintain a leading position within their respective country, region, industry, products produce, or services provided. The belief is that emerging markets have the potential for higher levels of growth based on the occurrence of socio-economic changes. Thus, an opportunistic approach to investing in companies considered to be best positioned to benefit from these changes. The funds investable universe is limited to emerging market stocks that meet minimum trading volume and market capitalization requirements. The selection process also considers advantageous-competitive strategies and share-holder beneficial practices and philosophies. The portfolio is constructed using a bottom-up fundamental analysis, subject to a risk management framework. The fund may engage in active and frequent trading. On May 15, 2023, EMM converted from a mutual fund to an actively managed ETF, with $18 million in assets.

Grade (RS Rating)

Last Trade

$27.26

Average Daily Volume

6,520

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

$29.70

Average Daily Volume

892

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMM	FPA
30 Days	-4.54%	-1.37%
60 Days	-3.69%	-2.04%
90 Days	-3.22%	3.49%
12 Months	9.78%	19.77%

1 Overlapping Holdings

	Symbol	Grade	Weight in EMM	Weight in FPA	Overlap
	SHG	C	1.74%	1.59%	1.59%

EMM Overweight 9 Positions Relative to FPA

Symbol	Grade	Weight
TSM	C	10.02%
IBN	D	3.12%
HDB	C	2.0%
MMYT	B	1.48%
ITUB	D	1.03%
NU	C	1.01%
GFI	D	0.88%
ARCO	F	0.65%
MELI	C	0.57%

EMM Underweight 5 Positions Relative to FPA

Symbol	Grade	Weight
KEP	B	-1.46%
KT	A	-1.37%
SKM	C	-1.33%
KB	B	-0.74%
XRX	F	-0.38%