MEMX vs. FEM ETF Comparison

Comparison of Matthews Emerging Markets ex China Active ETF (MEMX) to First Trust Emerging Markets AlphaDEX Fund (FEM)

MEMX

Matthews Emerging Markets ex China Active ETF

MEMX Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries excluding China. The fund may also invest in companies located in developed countries or China; however, the fund may not invest in any company located in a developed country or China if, at the time of purchase, more than 20% of the fund"s assets are invested in a combination of developed market and Chinese companies.

Grade (RS Rating)

Last Trade

$29.92

Average Daily Volume

5,122

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	MEMX	FEM
30 Days	-2.58%	-2.49%
60 Days	-3.62%	-2.79%
90 Days	-2.82%	-3.04%
12 Months	15.20%	8.20%

1 Overlapping Holdings

	Symbol	Grade	Weight in MEMX	Weight in FEM	Overlap
	VALE	F	0.75%	0.81%	0.75%

MEMX Overweight 18 Positions Relative to FEM

Symbol	Grade	Weight
TSM	B	12.43%
IBN	C	3.04%
HDB	C	2.59%
BAP	B	2.23%
KB	B	1.73%
GRAB	B	1.6%
GLOB	B	1.42%
INFY	B	1.33%
PBR	C	1.19%
NU	C	1.16%
MMYT	B	1.07%
FCX	D	1.06%
BCH	F	1.01%
SE	B	0.92%
ASAI	F	0.89%
MELI	D	0.87%
SKM	D	0.76%
PSMT	C	0.7%

MEMX Underweight 8 Positions Relative to FEM

Symbol	Grade	Weight
ERJ	B	-1.29%
GGB	C	-1.16%
TCOM	B	-0.92%
BABA	D	-0.74%
BGNE	D	-0.55%
BILI	D	-0.53%
CSAN	F	-0.19%
UMC	F	-0.19%