ADPV vs. FBZ ETF Comparison

Comparison of Adaptiv Select ETF (ADPV) to First Trust Brazil AlphaDEX Fund (FBZ)

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.08

Average Daily Volume

6,571

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FBZ

First Trust Brazil AlphaDEX Fund

FBZ 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 Brazil 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 Brazil 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

$10.42

Average Daily Volume

1,471

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ADPV	FBZ
30 Days	12.84%	-2.88%
60 Days	16.03%	-7.08%
90 Days	16.61%	-9.94%
12 Months	57.68%	-4.88%

1 Overlapping Holdings

	Symbol	Grade	Weight in ADPV	Weight in FBZ	Overlap
	NU	C	4.23%	3.61%	3.61%

ADPV Overweight 24 Positions Relative to FBZ

Symbol	Grade	Weight
PLTR	B	7.92%
APP	B	6.12%
HOOD	B	5.75%
PPC	C	5.68%
HBAN	A	5.31%
T	A	4.74%
VIRT	A	4.7%
AMCR	C	4.61%
KEY	B	4.53%
KMI	A	3.92%
MDU	D	3.65%
RF	A	3.54%
MTG	C	3.43%
VST	A	3.39%
TOST	B	3.29%
CRBG	B	3.28%
CPNG	D	3.22%
OWL	A	3.14%
HIW	C	3.07%
AM	A	2.76%
VKTX	F	2.72%
GTES	A	2.29%
EXEL	B	1.94%
HAYW	B	1.84%

ADPV Underweight 8 Positions Relative to FBZ

Symbol	Grade	Weight
ERJ	A	-4.86%
GGB	C	-3.46%
BRFS	C	-2.79%
VALE	F	-2.32%
CSAN	F	-1.06%
ABEV	F	-0.7%
STNE	F	-0.54%
PAGS	F	-0.43%