FBZ vs. EMDM ETF Comparison

Comparison of First Trust Brazil AlphaDEX Fund (FBZ) to First Trust Bloomberg Emerging Market Democracies ETF (EMDM)

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

$10.40

Average Daily Volume

1,471

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$22.14

Average Daily Volume

860

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FBZ	EMDM
30 Days	-2.88%	-5.03%
60 Days	-7.08%	-6.01%
90 Days	-9.94%	-8.39%
12 Months	-4.88%	5.63%

2 Overlapping Holdings

	Symbol	Grade	Weight in FBZ	Weight in EMDM	Overlap
	ABEV	F	0.7%	0.64%	0.64%
	VALE	F	2.32%	2.01%	2.01%

FBZ Overweight 7 Positions Relative to EMDM

Symbol	Grade	Weight
ERJ	A	4.86%
NU	C	3.61%
GGB	C	3.46%
BRFS	C	2.79%
CSAN	F	1.06%
STNE	F	0.54%
PAGS	F	0.43%

FBZ Underweight 7 Positions Relative to EMDM

Symbol	Grade	Weight
HDB	C	-2.01%
IBN	C	-1.37%
KB	B	-0.58%
SHG	C	-0.53%
ASAI	F	-0.52%
UMC	F	-0.24%
CHT	C	-0.24%