TDI vs. FLN ETF Comparison

Comparison of Touchstone Dynamic International ETF (TDI) to First Trust Latin America AlphaDEX Fund (FLN)

TDI

Touchstone Dynamic International ETF

TDI Description

TDI provides broad exposure to the global equity markets outside the US. The fund may include common and preferred stocks, depositary receipts, REITs, as well as other exchange-traded funds. To construct the portfolio, the funds sub-adviser employs the Dynamic Alpha Stock Selection Model, a proprietary quantitative model that seeks to construct a risk-controlled, forward-looking portfolio that adapts to changing market conditions. The model estimates returns based on each securitys risk characteristics through a three-step process that utilizes fundamental data and statistical tools. An optimization process is then used to identify the portfolio of around 100-140 securities with the highest expected return for an acceptable level of risk. The fund rebalances periodically. On December 11, 2023, TDI converted from a mutual fund to an actively managed ETF with $62 million in assets.

Grade (RS Rating)

Last Trade

$29.33

Average Daily Volume

3,684

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLN

First Trust Latin America AlphaDEX Fund

FLN 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 Latin America 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 Latin America 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

$16.69

Average Daily Volume

6,203

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TDI	FLN
30 Days	-1.92%	-2.91%
60 Days	-2.88%	-6.37%
90 Days	-3.14%	-9.60%
12 Months		-10.61%

1 Overlapping Holdings

	Symbol	Grade	Weight in TDI	Weight in FLN	Overlap
	BAP	A	1.43%	2.27%	1.43%

TDI Overweight 8 Positions Relative to FLN

Symbol	Grade	Weight
NVS	D	2.15%
SE	B	2.13%
XRX	F	1.52%
GOLD	D	1.35%
MUFG	B	1.19%
PDD	F	0.84%
SCCO	F	0.69%
HSBH	B	0.43%

TDI Underweight 8 Positions Relative to FLN

Symbol	Grade	Weight
ERJ	B	-3.87%
GGB	C	-3.52%
VALE	F	-3.0%
NU	C	-2.2%
CSAN	F	-1.74%
BRFS	D	-1.42%
ASAI	F	-0.69%
ABEV	F	-0.65%