VIDI vs. FPXE ETF Comparison

Comparison of Vident International Equity Fund (VIDI) to First Trust IPOX Europe Equity Opportunities ETF (FPXE)

VIDI

Vident International Equity Fund

VIDI Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident International Equity IndexTM (the "index"). The index is a rules-based, systematic strategy index comprised of equity securities of issuers in developed and emerging markets outside of the United States. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.98

Average Daily Volume

24,307

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

$26.24

Average Daily Volume

487

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VIDI	FPXE
30 Days	-1.18%	1.18%
60 Days	-0.88%	-1.43%
90 Days	0.32%	-1.24%
12 Months	15.83%	26.13%

1 Overlapping Holdings

	Symbol	Grade	Weight in VIDI	Weight in FPXE	Overlap
	JHG	A	0.6%	0.63%	0.6%

VIDI Overweight 16 Positions Relative to FPXE

Symbol	Grade	Weight
ZIM	C	0.73%
MDT	D	0.62%
JAZZ	B	0.61%
AER	B	0.57%
ALKS	B	0.56%
BAP	B	0.55%
KT	A	0.53%
CB	C	0.53%
SKM	D	0.47%
NVS	D	0.45%
AKO.A	F	0.44%
GES	F	0.35%
STLA	F	0.35%
ICLR	D	0.33%
PAGS	F	0.26%
INMD	C	0.19%

VIDI Underweight 17 Positions Relative to FPXE

Symbol	Grade	Weight
ARM	D	-6.37%
SPOT	B	-5.4%
MNDY	C	-4.13%
GEN	B	-4.12%
ONON	A	-3.91%
CLBT	B	-1.8%
TEVA	D	-0.88%
MRUS	F	-0.67%
CNTA	B	-0.65%
SPNT	A	-0.48%
BIRK	D	-0.39%
VRNA	B	-0.29%
IMTX	F	-0.27%
SRAD	A	-0.24%
GENI	C	-0.19%
OSW	A	-0.09%
DOLE	D	-0.07%