FLN vs. CSD ETF Comparison

Comparison of First Trust Latin America AlphaDEX Fund (FLN) to Guggenheim Spin-Off ETF (CSD)

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

$17.97

Average Daily Volume

5,902

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CSD

Guggenheim Spin-Off ETF

CSD Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Spin-off Index. The fund invests at least 90% of its assets in common stock, ADRs and MLPs that comprise the index and depositary receipts representing common stocks included in the index. It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.92

Average Daily Volume

4,274

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLN	CSD
30 Days	-11.30%	-6.25%
60 Days	-8.18%	0.79%
90 Days	-11.84%	1.47%
12 Months	-4.27%	21.43%

0 Overlapping Holdings

	Symbol	Grade	Weight in FLN	Weight in CSD	Overlap

FLN Overweight 8 Positions Relative to CSD

Symbol	Grade	Weight
ERJ	B	4.26%
NU	B	3.72%
GGB	F	3.33%
BRFS	D	3.27%
VALE	F	2.81%
PAGS	D	2.51%
BAP	D	1.47%
STNE	F	0.59%

FLN Underweight 25 Positions Relative to CSD

Symbol	Grade	Weight
VLTO	A	-7.89%
GEV	B	-7.52%
CEG	B	-7.49%
GEHC	D	-7.3%
DTM	B	-4.92%
SOLV	F	-4.81%
CR	C	-4.78%
GXO	F	-4.61%
KD	B	-4.61%
VNT	D	-4.43%
AIRC	A	-4.42%
UHAL	D	-4.4%
OGN	B	-4.27%
ESAB	D	-4.0%
KNF	C	-3.31%
CNXC	D	-2.84%
RXO	D	-2.5%
FTRE	F	-2.34%
PHIN	C	-2.17%
NATL	B	-1.92%
VSCO	D	-1.81%
VSTS	F	-1.75%
EMBC	C	-0.67%
VMEO	C	-0.58%
CCSI	C	-0.11%