FBZ vs. NUEM ETF Comparison

Comparison of First Trust Brazil AlphaDEX Fund (FBZ) to NuShares ESG Emerging Markets Equity ETF (NUEM)

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

NUEM

NuShares ESG Emerging Markets Equity ETF

NUEM Description

The investment seeks to track the investment results, before fees and expenses, of the TIAA ESG Emerging Markets Equity Index (the "index"). In seeking to track the investment results of the index, the advisor attempts to replicate the index by investing all, or substantially all, of its assets in the securities represented in the index in approximately the same proportions as the index. The index identifies equity securities from the MSCI Emerging Markets Index that satisfy certain ESG criteria, based on ESG performance data collected by MSCI ESG Research, Inc.

Grade (RS Rating)

Last Trade

$28.10

Average Daily Volume

30,318

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FBZ	NUEM
30 Days	-0.92%	1.63%
60 Days	-1.27%	2.55%
90 Days	0.83%	8.62%
12 Months	25.07%	6.36%

2 Overlapping Holdings

	Symbol	Grade	Weight in FBZ	Weight in NUEM	Overlap
	CSAN	D	0.51%	0.19%	0.19%
	GGB	D	3.14%	0.7%	0.7%

FBZ Overweight 9 Positions Relative to NUEM

Symbol	Grade	Weight
ERJ	A	5.08%
BRFS	B	3.33%
STNE	C	3.18%
PAGS	D	2.88%
ASAI	D	1.82%
VALE	D	1.68%
NU	C	0.95%
ABEV	D	0.6%
XP	D	0.58%

FBZ Underweight 16 Positions Relative to NUEM

Symbol	Grade	Weight
BABA	B	-3.23%
HDB	C	-1.95%
BIDU	C	-1.54%
KB	B	-0.66%
LI	F	-0.48%
SHG	C	-0.46%
YUMC	F	-0.38%
UMC	C	-0.29%
BAP	C	-0.27%
SKM	D	-0.22%
VIPS	D	-0.21%
BZ	A	-0.13%
ZTO	B	-0.1%
KT	D	-0.08%
CHT	C	-0.03%
LPL	D	-0.01%