FPXE vs. NETZ ETF Comparison

Comparison of First Trust IPOX Europe Equity Opportunities ETF (FPXE) to Engine No. 1 Transform Climate ETF (NETZ)

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

$25.95

Average Daily Volume

244

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NETZ

Engine No. 1 Transform Climate ETF

NETZ Description

Engine No. 1 Transform Climate ETF is an exchange traded fund launched and managed by Engine No.1 LLC. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs fundamental analysis with bottom-up and top-down stock picking approach to create its portfolio. It employs proprietary research to create its portfolio. Engine No. 1 Transform Climate ETF is domiciled in the United States

Grade (RS Rating)

Last Trade

$70.96

Average Daily Volume

17,206

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPXE	NETZ
30 Days	10.99%	7.44%
60 Days	2.41%	4.12%
90 Days	9.29%	15.13%
12 Months	20.85%	44.31%

1 Overlapping Holdings

	Symbol	Grade	Weight in FPXE	Weight in NETZ	Overlap
	NVT	B	8.86%	1.56%	1.56%

FPXE Overweight 22 Positions Relative to NETZ

Symbol	Grade	Weight
ARM	F	5.73%
SPOT	B	3.42%
MNDY	B	2.47%
HAFN	B	2.0%
ONON	B	1.84%
ICLR	C	1.52%
CLBT	C	1.05%
BIRK	C	0.84%
ZGN	F	0.44%
FROG	F	0.34%
STVN	F	0.28%
PHVS	F	0.26%
JHG	B	0.25%
CNTA	D	0.2%
MRUS	D	0.13%
IMCR	F	0.13%
CMPS	F	0.12%
SPNT	A	0.1%
PAX	F	0.09%
OSW	A	0.07%
VTEX	D	0.06%
IMTX	D	0.05%

FPXE Underweight 20 Positions Relative to NETZ

Symbol	Grade	Weight
RSG	D	-8.05%
GE	C	-7.86%
MSFT	B	-6.43%
VST	B	-6.31%
XOM	B	-5.78%
VRT	C	-5.43%
FANG	D	-5.3%
UNP	D	-5.26%
WM	D	-4.51%
WSC	D	-4.24%
AMAT	B	-3.72%
OXY	D	-3.58%
GEV	D	-3.18%
TT	A	-2.47%
HUBB	C	-1.45%
FSLR	C	-1.31%
ROK	F	-1.3%
CEG	B	-1.12%
DE	D	-1.0%
CAT	C	-0.9%