EWZS vs. FLN ETF Comparison

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

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

$13.82

Average Daily Volume

280,914

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

FLN

First Trust Latin America AlphaDEX Fund

FLN 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 Latin America 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 Latin America 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

$20.18

Average Daily Volume

4,788

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	EWZS	FLN
30 Days	-1.43%	-2.18%
60 Days	-3.29%	0.79%
90 Days	-0.72%	1.22%
12 Months	13.79%	15.64%

2 Overlapping Holdings

	Symbol	Grade	Weight in EWZS	Weight in FLN	Overlap
	BRFS	C	3.21%	2.81%	2.81%
	ERJ	A	7.82%	3.4%	3.4%

EWZS Overweight 0 Positions Relative to FLN

	Symbol	Grade	Weight

EWZS Underweight 6 Positions Relative to FLN

	Symbol	Grade	Weight
	GGB	D	-3.35%
	NU	C	-3.21%
	VALE	C	-2.83%
	PAGS	D	-2.43%
	BAP	C	-1.37%
	STNE	C	-0.67%

EWZS: Top Represented Industries & Keywords

Industries: Aerospace & Defense Packaged Foods

Keywords: Aerospace Material Animal Feed Aviation Services Beef Cheese Customer Support Services Dairy Products Desserts Flour Food Processing Food Service Foods Frozen Vegetables Fuel Systems Hamburger Helicopter Hydraulic Systems Integrated Solutions Material Solutions Meat Products

FLN: Top Represented Industries & Keywords

Industries: Aerospace & Defense Banks - Diversified Banks - Regional - Latin America Industrial Metals & Minerals Packaged Foods Software - Application Software - Infrastructure Steel

Keywords: Bank Payment Systems Banking E-Commerce Fintech Acute Care Services Aerospace Material Alloys Alternative Payments Aluminum Products Animal Feed Asset Management Products Aviation Services Base Metal Beef Building Materials Cargo Transportation Service Cargo Transportation Services Cheese Cobalt