ISCF vs. FPXE ETF Comparison

Comparison of iShares FactorSelect MSCI Intl Small-Cap ETF (ISCF) to First Trust IPOX Europe Equity Opportunities ETF (FPXE)

ISCF

iShares FactorSelect MSCI Intl Small-Cap ETF

ISCF Description

The investment seeks to track the investment results of the MSCI World ex USA Small Cap Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to select equity securities from MSCI World ex USA Small Cap Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.44

Average Daily Volume

43,179

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$26.14

Average Daily Volume

1,191

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ISCF	FPXE
30 Days	-2.07%	1.73%
60 Days	4.50%	11.80%
90 Days	0.65%	2.67%
12 Months	7.88%	20.68%

1 Overlapping Holdings

	Symbol	Grade	Weight in ISCF	Weight in FPXE	Overlap
	IMCR	F	0.05%	0.09%	0.05%

ISCF Overweight 11 Positions Relative to FPXE

Symbol	Grade	Weight
LOGI	B	0.67%
DOOO	D	0.19%
TAC	C	0.19%
BWLP	D	0.14%
TCI	F	0.1%
PRMW	C	0.06%
OPRA	C	0.04%
MNTX	F	0.04%
IAG	C	0.03%
ASND	D	0.02%
GCBC	C	0.01%

ISCF Underweight 20 Positions Relative to FPXE

Symbol	Grade	Weight
NVT	B	-8.51%
ARM	A	-7.24%
SPOT	B	-3.55%
MNDY	B	-3.0%
ONON	B	-2.49%
HAFN	D	-1.82%
ICLR	B	-1.49%
CLBT	B	-1.12%
BIRK	A	-1.0%
ZGN	F	-0.41%
JHG	B	-0.24%
STVN	F	-0.22%
CNTA	D	-0.21%
MRUS	C	-0.15%
SPNT	B	-0.1%
CMPS	F	-0.1%
PAX	F	-0.08%
OSW	B	-0.07%
VTEX	F	-0.06%
IMTX	B	-0.06%