FEMS vs. EEMS ETF Comparison

Comparison of First Trust Developed Markets Small Cap AlphaDex Fund (FEMS) to iShares MSCI Emerging Markets Small Cap Index Fund (EEMS)

FEMS

First Trust Developed Markets Small Cap AlphaDex Fund

FEMS 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 Emerging Markets Small Cap Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks and/or depositary receipts that comprise the index. The index is designed to objectively identify and select small cap securities from the S&P Emerging Markets 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

$38.16

Average Daily Volume

35,691

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EEMS

iShares MSCI Emerging Markets Small Cap Index Fund

EEMS Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Emerging Markets Small Cap Index. The fund generally invests at least 90% of assets in the securities of the underlying index and in DRs representing securities in the underlying index. The underlying index is designed to measure the performance of equity securities in the bottom 14% of market capitalization of emerging market countries. It concentrates its investments in a particular industry or group of industries to approximately the same extent that the underlying index is concentrated. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$59.08

Average Daily Volume

17,659

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FEMS	EEMS
30 Days	-2.45%	-6.41%
60 Days	-1.13%	-5.06%
90 Days	-2.83%	-2.97%
12 Months	6.03%	8.42%

2 Overlapping Holdings

	Symbol	Grade	Weight in FEMS	Weight in EEMS	Overlap
	GDS	B	0.71%	0.23%	0.23%
	IMOS	F	0.15%	0.05%	0.05%

FEMS Overweight 2 Positions Relative to EEMS

	Symbol	Grade	Weight
	SGRP	D	0.8%
	AKO.A	D	0.3%

FEMS Underweight 2 Positions Relative to EEMS

	Symbol	Grade	Weight
	TSM	B	-0.03%
	TME	F	-0.0%

FEMS: Top Represented Industries & Keywords

Industries: Beverages - Non-Alcoholic Business Services Data Storage Semiconductors