IQDY vs. FEM ETF Comparison

Comparison of FlexShares International Quality Dividend Dynamic Index Fund (IQDY) to First Trust Emerging Markets AlphaDEX Fund (FEM)

IQDY

FlexShares International Quality Dividend Dynamic Index Fund

IQDY Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust International Quality Dividend Dynamic IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in its underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of international equity securities issued by non-U.S.-based companies, with an emphasis on long-term capital growth and a targeted overall volatility.

Grade (RS Rating)

Last Trade

$28.81

Average Daily Volume

7,704

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FEM

First Trust Emerging Markets AlphaDEX Fund

FEM 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 Emerging Markets Index. The fund normally invests at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Emerging Markets BMI Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.34

Average Daily Volume

59,888

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IQDY	FEM
30 Days	-2.91%	-2.49%
60 Days	-4.37%	-2.79%
90 Days	-4.52%	-3.04%
12 Months	14.32%	8.20%

3 Overlapping Holdings

Symbol	Grade	Weight in IQDY	Weight in FEM	Overlap
BABA	D	0.12%	0.74%	0.12%
UMC	F	0.22%	0.19%	0.19%
VALE	F	0.85%	0.81%	0.81%

IQDY Overweight 7 Positions Relative to FEM

Symbol	Grade	Weight
HSBH	B	1.88%
BCS	C	0.49%
STLA	F	0.27%
NVS	D	0.18%
NTES	D	0.08%
MUFG	B	0.08%
SKM	D	0.03%

IQDY Underweight 6 Positions Relative to FEM

Symbol	Grade	Weight
ERJ	B	-1.29%
GGB	C	-1.16%
TCOM	B	-0.92%
BGNE	D	-0.55%
BILI	D	-0.53%
CSAN	F	-0.19%