FSZ vs. KWT ETF Comparison

Comparison of First Trust Switzerland AlphaDex Fund (FSZ) to VanEck Vectors Solar Energy ETF (KWT)

FSZ

First Trust Switzerland AlphaDex Fund

FSZ 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 Switzerland Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks and/or depositary receipts that comprise the index. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed by S&P to objectively identify and select securities from the S&P Switzerland BMI Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.81

Average Daily Volume

1,497

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

KWT

VanEck Vectors Solar Energy ETF

KWT Description

The investment seeks to track the investment results of a broad-based equity index with exposure to Kuwait, as defined by the index provider. The fund seeks to track the investment results of the MSCI All Kuwait Select Size Liquidity Capped Index (the ?underlying index?), which is designed to measure the performance of the Kuwait equity universe. The underlying index is a free float-adjusted market capitalization weighted index with a capping methodology applied to avoid concentration. BFA uses a representative sampling indexing strategy to manage the fund. It may or may not hold all of the securities in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.06

Average Daily Volume

12,135

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	FSZ	KWT
30 Days	-4.30%	-1.61%
60 Days	-3.62%	-1.64%
90 Days	-1.17%	-1.11%
12 Months	-1.46%	3.19%

0 Overlapping Holdings

	Symbol	Grade	Weight in FSZ	Weight in KWT	Overlap

FSZ Overweight 3 Positions Relative to KWT

	Symbol	Grade	Weight
	ABBV	C	4.57%
	LOGI	F	3.02%
	NVS	B	0.82%

FSZ Underweight 1 Positions Relative to KWT

	Symbol	Grade	Weight
	AMBC	C	-2.5%

FSZ: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Computer Systems

Keywords: Eye Care Products Pharmaceutical Active Pharmaceutical Ingredients Adalimumab Advanced Prostate Cancer Anemia Animal Health Antibiotics Atopic Dermatitis Audiovisual Autoimmune Disease Biotechnology Blood Cancers Blood Test Chronic Idiopathic Constipation Combination Drugs Communication Products Constipation Contact Lens Contact Lenses

KWT: Top Represented Industries & Keywords

Industries: Insurance - Specialty

Keywords: Bond Insurance Conduit Finance Obligations Financial Guarantee Insurance Interest Rate Swap Investment Product Mortgage Backed Security Structured Finance Swaps