FPA vs. UIVM ETF Comparison

Comparison of First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) to VictoryShares USAA MSCI International Value Momentum ETF (UIVM)

FPA

First Trust Asia Pacific ex-Japan AlphaDEX Fund

FPA 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 Asia Pacific Ex-Japan 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 Asia Pacific Ex-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

$27.20

Average Daily Volume

1,602

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UIVM

VictoryShares USAA MSCI International Value Momentum ETF

UIVM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the MSCI World ex USA Select Value Momentum Blend Index. The fund invests at least 80% of its assets in securities in the index, depositary receipts on securities in the index and securities underlying depositary receipts in the index. The index delivers exposure to equity market performance in non-U.S. developed markets and provides higher exposure to value and momentum factors within the MSCI World ex USA Index while also maintaining moderate index turnover and lower realized volatility than traditional capitalization weighted indexes.

Grade (RS Rating)

Last Trade

$47.71

Average Daily Volume

906

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPA	UIVM
30 Days	-1.29%	-2.26%
60 Days	0.84%	2.42%
90 Days	6.33%	5.47%
12 Months	4.95%	13.23%

4 Overlapping Holdings

Symbol	Grade	Weight in FPA	Weight in UIVM	Overlap
KB	B	1.65%	0.43%	0.43%
KT	D	1.21%	0.53%	0.53%
SHG	B	1.57%	0.5%	0.5%
SKM	D	1.28%	0.79%	0.79%

FPA Overweight 2 Positions Relative to UIVM

	Symbol	Grade	Weight
	KEP	C	1.58%
	XRX	F	0.61%

FPA Underweight 10 Positions Relative to UIVM

Symbol	Grade	Weight
E	A	-0.84%
BCS	A	-0.52%
WFG	C	-0.48%
AGCO	B	-0.45%
NMR	D	-0.31%
SMFG	D	-0.31%
MFG	D	-0.31%
MUFG	D	-0.28%
HMC	D	-0.27%
TM	D	-0.26%