FPXI vs. PJIO ETF Comparison

Comparison of First Trust International IPO ETF (FPXI) to PGIM Jennison International Opportunities ETF (PJIO)

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

$49.10

Average Daily Volume

8,555

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PJIO

PGIM Jennison International Opportunities ETF

PJIO Description

Under normal market conditions, the fund invests a majority of its net assets in equity and equity-related securities of non-U.S. companies located in various countries outside the U.S., including non-U.S. issuers located in emerging markets (identified by the subadviser as countries classified by MSCI as emerging and frontier markets). The subadviser uses a combination of fundamental research and systematic portfolio construction. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.84

Average Daily Volume

1,711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPXI	PJIO
30 Days	0.87%	-4.19%
60 Days	2.23%	-5.74%
90 Days	0.43%	-7.40%
12 Months	23.08%

3 Overlapping Holdings

Symbol	Grade	Weight in FPXI	Weight in PJIO	Overlap
MNDY	C	4.62%	2.73%	2.73%
NU	C	4.21%	4.35%	4.21%
NVO	F	2.14%	4.83%	2.14%

FPXI Overweight 10 Positions Relative to PJIO

Symbol	Grade	Weight
SPOT	B	6.48%
ARM	F	6.45%
GEN	B	3.66%
SN	D	2.66%
ONON	A	2.09%
RBA	A	1.71%
CPNG	D	1.55%
TCOM	B	1.45%
TEVA	C	0.94%
VIST	B	0.29%

FPXI Underweight 5 Positions Relative to PJIO

Symbol	Grade	Weight
TSM	B	-8.7%
MELI	C	-6.49%
SAP	B	-2.04%
AZN	F	-1.96%
ASML	F	-0.87%