FPXE vs. FPXI ETF Comparison

Comparison of First Trust IPOX Europe Equity Opportunities ETF (FPXE) to First Trust International IPO ETF (FPXI)

FPXE

First Trust IPOX Europe Equity Opportunities ETF

FPXE Description

The First Trust IPOX® Europe Equity Opportunities ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the IPOX® 100 Europe Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned, developed, maintained and sponsored by IPOX® Schuster LLC (the "Index Provider").

Grade (RS Rating)

Last Trade

$24.60

Average Daily Volume

237

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPXI

First Trust International IPO ETF

FPXI Description

The investment seeks investment results that correspond generally to the price andyield (before the fund's fees and expenses) of an index called the IPOXInternational Index. The fund will normally invest at least 90% of its net assets (plus the amount ofany borrowings for investment purposes) in common stocks and/or depositaryreceipts that comprise the index. The index is a market-cap weightedportfolio measuring the performance of the top 50 non-U.S. companies, includingcompanies domiciled in emerging markets, ranked quarterly by marketcapitalization in the IPOX(R) Global Composite Index (the "Base Index"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.11

Average Daily Volume

13,807

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPXE	FPXI
30 Days	-2.88%	-1.12%
60 Days	-1.21%	-1.22%
90 Days	9.30%	10.13%
12 Months	17.64%	19.77%

6 Overlapping Holdings

Symbol	Grade	Weight in FPXE	Weight in FPXI	Overlap
ARM	F	5.0%	4.26%	4.26%
BIRK	D	0.84%	0.28%	0.28%
ICLR	D	1.54%	1.27%	1.27%
MNDY	D	2.64%	2.08%	2.08%
NVT	A	8.55%	4.45%	4.45%
SPOT	B	3.57%	4.54%	3.57%

FPXE Overweight 17 Positions Relative to FPXI

Symbol	Grade	Weight
ONON	C	2.0%
HAFN	B	1.9%
CLBT	D	1.05%
ZGN	D	0.44%
FROG	D	0.43%
STVN	F	0.36%
PHVS	D	0.29%
JHG	B	0.25%
CNTA	D	0.22%
IMCR	D	0.14%
CMPS	D	0.13%
MRUS	C	0.13%
PAX	F	0.1%
SPNT	C	0.1%
VTEX	D	0.07%
OSW	A	0.06%
IMTX	D	0.05%

FPXE Underweight 9 Positions Relative to FPXI

Symbol	Grade	Weight
PDD	B	-5.63%
NU	C	-4.26%
NVO	D	-4.25%
GSK	A	-2.8%
NTES	C	-2.02%
SN	A	-1.53%
CPNG	A	-1.36%
TCOM	A	-1.09%
RBA	D	-0.45%