FLN vs. MEMX ETF Comparison

Comparison of First Trust Latin America AlphaDEX Fund (FLN) to Matthews Emerging Markets ex China Active ETF (MEMX)

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

$16.69

Average Daily Volume

6,203

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MEMX

Matthews Emerging Markets ex China Active ETF

MEMX Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries excluding China. The fund may also invest in companies located in developed countries or China; however, the fund may not invest in any company located in a developed country or China if, at the time of purchase, more than 20% of the fund"s assets are invested in a combination of developed market and Chinese companies.

Grade (RS Rating)

Last Trade

$29.92

Average Daily Volume

5,122

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLN	MEMX
30 Days	-2.91%	-2.58%
60 Days	-6.37%	-3.62%
90 Days	-9.60%	-2.82%
12 Months	-10.61%	15.20%

4 Overlapping Holdings

Symbol	Grade	Weight in FLN	Weight in MEMX	Overlap
ASAI	F	0.69%	0.89%	0.69%
BAP	B	2.27%	2.23%	2.23%
NU	C	2.2%	1.16%	1.16%
VALE	F	3.0%	0.75%	0.75%

FLN Overweight 5 Positions Relative to MEMX

Symbol	Grade	Weight
ERJ	B	3.87%
GGB	C	3.52%
CSAN	F	1.74%
BRFS	D	1.42%
ABEV	F	0.65%

FLN Underweight 15 Positions Relative to MEMX

Symbol	Grade	Weight
TSM	B	-12.43%
IBN	C	-3.04%
HDB	C	-2.59%
KB	B	-1.73%
GRAB	B	-1.6%
GLOB	B	-1.42%
INFY	B	-1.33%
PBR	C	-1.19%
MMYT	B	-1.07%
FCX	D	-1.06%
BCH	F	-1.01%
SE	B	-0.92%
MELI	D	-0.87%
SKM	D	-0.76%
PSMT	C	-0.7%