EWZS vs. FBZ ETF Comparison

Comparison of iShares MSCI Brazil Small-Cap ETF (EWZS) to First Trust Brazil AlphaDEX Fund (FBZ)

EWZS

iShares MSCI Brazil Small-Cap ETF

EWZS Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Brazil Small Cap Index (the "underlying index"). The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.91

Average Daily Volume

263,009

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FBZ

First Trust Brazil AlphaDEX Fund

FBZ 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 Brazil 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 Brazil 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

$11.81

Average Daily Volume

2,317

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EWZS	FBZ
30 Days	-1.49%	-0.92%
60 Days	-1.70%	-1.27%
90 Days	0.58%	0.83%
12 Months	18.91%	25.07%

2 Overlapping Holdings

	Symbol	Grade	Weight in EWZS	Weight in FBZ	Overlap
	BRFS	B	3.21%	3.33%	3.21%
	ERJ	A	7.82%	5.08%	5.08%

EWZS Overweight 0 Positions Relative to FBZ

	Symbol	Grade	Weight

EWZS Underweight 9 Positions Relative to FBZ

Symbol	Grade	Weight
STNE	C	-3.18%
GGB	D	-3.14%
PAGS	D	-2.88%
ASAI	D	-1.82%
VALE	D	-1.68%
NU	C	-0.95%
ABEV	D	-0.6%
XP	D	-0.58%
CSAN	D	-0.51%

EWZS: Top Represented Industries & Keywords

Industries: Aerospace & Defense Packaged Foods