FBZ vs. IPAY ETF Comparison

Comparison of First Trust Brazil AlphaDEX Fund (FBZ) to ETFMG Prime Mobile Payments ETF (IPAY)

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

IPAY

ETFMG Prime Mobile Payments ETF

IPAY Description

The ETFMG Prime Mobile Payments ETF (IPAY®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Prime Mobile Payments Index. The index provides a benchmark for investors interested in tracking the mobile and electronic payments industry, speciﬁcally focusing on credit card networks, payment infrastructure and software services, payment processing services, and payment solutions (such as smartcards, prepaid cards, virtual wallets).

Grade (RS Rating)

Last Trade

$48.44

Average Daily Volume

28,391

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FBZ	IPAY
30 Days	-0.92%	-5.91%
60 Days	-1.27%	-3.02%
90 Days	0.83%	4.55%
12 Months	25.07%	18.91%

2 Overlapping Holdings

	Symbol	Grade	Weight in FBZ	Weight in IPAY	Overlap
	PAGS	D	2.72%	0.95%	0.95%
	STNE	C	3.18%	1.9%	1.9%

FBZ Overweight 9 Positions Relative to IPAY

Symbol	Grade	Weight
ERJ	A	4.78%
BRFS	B	3.4%
GGB	D	3.17%
ASAI	D	1.79%
VALE	D	1.69%
NU	C	0.94%
ABEV	D	0.6%
XP	D	0.57%
CSAN	D	0.51%

FBZ Underweight 23 Positions Relative to IPAY

Symbol	Grade	Weight
AXP	B	-6.49%
PYPL	B	-6.33%
V	D	-5.79%
MA	D	-5.78%
COIN	D	-5.56%
DFS	B	-5.09%
FIS	C	-4.97%
SQ	D	-4.84%
WEX	D	-4.46%
GPN	F	-4.11%
TOST	D	-3.89%
AFRM	C	-2.82%
EEFT	C	-2.17%
WU	C	-1.74%
FOUR	F	-1.71%
ACIW	A	-1.47%
QTWO	A	-1.16%
EVTC	F	-0.96%
MQ	D	-0.95%
DLO	F	-0.48%
IMXI	D	-0.31%
GDOT	C	-0.3%
QIWI	D	-0.0%