FSZ vs. QLVD ETF Comparison

Comparison of First Trust Switzerland AlphaDex Fund (FSZ) to FlexShares Developed Markets ex-US Quality Low Volatility Index Fund (QLVD)

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

$69.28

Average Daily Volume

2,595

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLVD

FlexShares Developed Markets ex-US Quality Low Volatility Index Fund

QLVD Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.30

Average Daily Volume

1,338

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FSZ	QLVD
30 Days	1.67%	-0.79%
60 Days	6.78%	7.40%
90 Days	5.86%	7.36%
12 Months	22.95%	20.93%

1 Overlapping Holdings

	Symbol	Grade	Weight in FSZ	Weight in QLVD	Overlap
	NVS	D	2.43%	2.51%	2.43%

FSZ Overweight 2 Positions Relative to QLVD

	Symbol	Grade	Weight
	ABBV	C	3.94%
	LOGI	D	1.39%

FSZ Underweight 4 Positions Relative to QLVD

Symbol	Grade	Weight
UL	D	-2.91%
CNI	D	-1.26%
MFG	B	-0.97%
TD	B	-0.57%

FSZ: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Computer Systems