FBZ vs. PIE ETF Comparison

Comparison of First Trust Brazil AlphaDEX Fund (FBZ) to PowerShares DWA Emerging Market Technical Leaders Portfolio (PIE)

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

$10.42

Average Daily Volume

1,471

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

PIE

PowerShares DWA Emerging Market Technical Leaders Portfolio

PIE Description

The PowerShares DWA Emerging Markets Momentum Portfolio (Fund) is based on the Dorsey Wright® Emerging Markets Technical Leaders Index ND (Index). The Fund will normally invest at least 80% of its total assets in securities of emerging economies within Dorsey, Wright & Associates, LLC's classification definition, excluding companies listed on a US stock exchange. The Index includes approximately 100 companies that possess powerful relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Emerging Markets Technical Leaders Portfolio to PowerShares DWA Emerging Markets Momentum Portfolio.

Grade (RS Rating)

Last Trade

$19.93

Average Daily Volume

24,420

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	FBZ	PIE
30 Days	-2.88%	-3.12%
60 Days	-7.08%	-1.86%
90 Days	-9.94%	-2.77%
12 Months	-4.88%	7.61%

3 Overlapping Holdings

	Symbol	Grade	Weight in FBZ	Weight in PIE	Overlap
	BRFS	C	2.79%	0.97%	0.97%
	ERJ	A	4.86%	0.99%	0.99%
	NU	C	3.61%	1.06%	1.06%

FBZ Overweight 6 Positions Relative to PIE

	Symbol	Grade	Weight
	GGB	C	3.46%
	VALE	F	2.32%
	CSAN	F	1.06%
	ABEV	F	0.7%
	STNE	F	0.54%
	PAGS	F	0.43%

FBZ Underweight 3 Positions Relative to PIE

	Symbol	Grade	Weight
	UMC	F	-1.25%
	GDS	C	-0.93%
	BAP	A	-0.69%

FBZ: Top Represented Industries & Keywords

Industries: Aerospace & Defense Banks - Diversified Beverages - Brewers Industrial Metals & Minerals Oil & Gas Refining & Marketing Packaged Foods Software - Application Software - Infrastructure Steel

Keywords: Payment Systems Bank E-Commerce Fintech Aerospace Material Alcohol Alloys Alternative Payments Aluminum Products Anheuser Busch Animal Feed Aviation Services Banking Base Metal Beef Beer Bottled Water Brewing Building Materials Cargo Transportation Service

PIE: Top Represented Industries & Keywords

Industries: Aerospace & Defense Banks - Diversified Banks - Regional - Latin America Data Storage Packaged Foods Semiconductors

Keywords: Banking Bank Acute Care Services Aerospace Material Alternative Payments Animal Feed Asset Management Products Aviation Services Beef Cheese Cloud Services Colocation Customer Support Services Dairy Products Data Center Debit Card Desserts E Commerce Fabless Semiconductor Companies Flour