FJP vs. EWJV ETF Comparison

Comparison of First Trust Japan AlphaDEX Fund (FJP) to iShares MSCI Japan Value ETF (EWJV)

FJP

First Trust Japan AlphaDEX Fund

FJP 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 Japan Index. The fund will normally invest 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 Japan 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

$53.01

Average Daily Volume

14,545

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EWJV

iShares MSCI Japan Value ETF

EWJV Description

The investment seeks to track the investment results of the MSCI Japan Value Index (USD). The index is a free float weighted index consisting of large- and mid- capitalization Japanese securities exhibiting overall value style characteristics. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.55

Average Daily Volume

126,028

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FJP	EWJV
30 Days	-1.51%	0.06%
60 Days	-1.32%	1.34%
90 Days	2.44%	6.30%
12 Months	22.11%	30.26%

5 Overlapping Holdings

Symbol	Grade	Weight in FJP	Weight in EWJV	Overlap
HMC	C	1.42%	2.76%	1.42%
MFG	B	0.37%	2.44%	0.37%
MUFG	C	0.38%	5.87%	0.38%
NMR	D	2.07%	0.92%	0.92%
TM	C	0.8%	6.27%	0.8%

FJP Overweight 2 Positions Relative to EWJV

	Symbol	Grade	Weight
	PIXY	F	0.69%
	SONY	D	0.28%

FJP Underweight 2 Positions Relative to EWJV

	Symbol	Grade	Weight
	SMFG	C	-3.81%
	AGCO	F	-0.35%