AADR vs. FDT ETF Comparison

Comparison of WCM BNY Mellon Focused Growth ADR ETF (AADR) to First Trust Developed Markets ex-US AlphaDEX Fund (FDT)

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$63.55

Average Daily Volume

586

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDT

First Trust Developed Markets ex-US AlphaDEX Fund

FDT 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 Developed Markets Ex-US Index. The fund 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 Developed Markets Ex-US 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

$56.87

Average Daily Volume

26,171

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AADR	FDT
30 Days	1.38%	0.89%
60 Days	11.05%	8.85%
90 Days	2.72%	2.66%
12 Months	36.46%	23.68%

3 Overlapping Holdings

Symbol	Grade	Weight in AADR	Weight in FDT	Overlap
MUFG	D	3.3%	0.33%	0.33%
NMR	F	2.16%	0.46%	0.46%
SMFG	D	2.36%	0.47%	0.47%

AADR Overweight 23 Positions Relative to FDT

Symbol	Grade	Weight
NVO	F	5.75%
YPF	C	4.59%
GGAL	C	4.29%
ERJ	C	4.26%
ABBV	A	4.01%
BMA	C	3.85%
PAM	C	3.22%
MELI	C	3.16%
BBVA	D	3.15%
SAP	C	3.13%
HMY	B	3.12%
RELX	C	3.06%
QFIN	A	2.93%
ASX	D	2.57%
BCS	C	2.57%
ING	D	2.52%
TEN	B	2.4%
TEVA	D	2.3%
TME	B	2.16%
NXPI	F	2.15%
LOGI	D	2.15%
BVN	D	1.93%
JMIA	F	0.94%

AADR Underweight 11 Positions Relative to FDT

Symbol	Grade	Weight
KB	D	-0.53%
KT	C	-0.47%
MFG	D	-0.44%
SHG	C	-0.39%
TM	D	-0.39%
HMC	D	-0.38%
SKM	C	-0.35%
E	B	-0.32%
KEP	D	-0.3%
AGCO	D	-0.18%
ALV	F	-0.17%

AADR: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - Latin America Semiconductors Specialty Retail Aerospace & Defense Biotechnology Capital Markets Computer Systems Credit Services Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Gold Industrial Metals & Minerals Internet Content & Information Oil & Gas Integrated Publishing Shipping & Ports Software - Application Utilities - Independent Power Producers