FLN vs. BINV ETF Comparison

Comparison of First Trust Latin America AlphaDEX Fund (FLN) to Brandes International ETF (BINV)

FLN

First Trust Latin America AlphaDEX Fund

FLN 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 Latin America 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 Latin America 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

$20.13

Average Daily Volume

4,885

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BINV

Brandes International ETF

BINV Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of foreign companies. The fund typically invests in foreign companies with market capitalizations (market value of publicly traded equity securities) greater than $5 billion at the time of purchase.

Grade (RS Rating)

Last Trade

$29.96

Average Daily Volume

19,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLN	BINV
30 Days	-2.14%	0.81%
60 Days	-0.08%	4.31%
90 Days	1.42%	6.76%
12 Months	19.10%

1 Overlapping Holdings

	Symbol	Grade	Weight in FLN	Weight in BINV	Overlap
	ERJ	A	3.22%	2.9%	2.9%

FLN Overweight 7 Positions Relative to BINV

Symbol	Grade	Weight
GGB	D	3.4%
NU	C	3.18%
BRFS	B	2.89%
VALE	D	2.86%
PAGS	D	2.31%
BAP	C	1.4%
STNE	C	0.67%

FLN Underweight 2 Positions Relative to BINV

	Symbol	Grade	Weight
	SAP	D	-2.64%
	BABA	B	-2.45%