FJP vs. JPXN ETF Comparison

Comparison of First Trust Japan AlphaDEX Fund (FJP) to iShares JPX-Nikkei 400 ETF (JPXN)

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

$52.18

Average Daily Volume

9,245

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JPXN

iShares JPX-Nikkei 400 ETF

JPXN Description

The investment seeks to track the investment results of a broad-based benchmark composed of Japanese equities. The fund seeks to track the investment results of the JPX-Nikkei Index 400 (the "underlying index"). It generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index may include large-, mid- or small-capitalization companies, and the components primarily include consumer discretionary, financials and industrials companies. The currency of the component securities of the underlying index is the Japanese yen ("JPY").

Grade (RS Rating)

Last Trade

$72.28

Average Daily Volume

25,893

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FJP	JPXN
30 Days	4.65%	1.64%
60 Days	-3.52%	-5.58%
90 Days	-2.45%	-6.02%
12 Months	7.45%	11.91%

6 Overlapping Holdings

Symbol	Grade	Weight in FJP	Weight in JPXN	Overlap
AGCO	D	0.32%	0.17%	0.17%
HMC	F	1.35%	1.18%	1.18%
MFG	B	1.93%	1.68%	1.68%
MUFG	B	1.46%	1.7%	1.46%
NMR	B	1.36%	0.56%	0.56%
SMFG	B	1.76%	1.52%	1.52%

FJP Overweight 0 Positions Relative to JPXN

	Symbol	Grade	Weight

FJP Underweight 4 Positions Relative to JPXN

Symbol	Grade	Weight
SONY	B	-1.58%
TM	D	-1.22%
MBAVU	D	-0.1%
PIXY	F	-0.02%