BINV vs. FPXI ETF Comparison

Comparison of Brandes International ETF (BINV) to First Trust International IPO ETF (FPXI)

BINV

Brandes International ETF

BINV Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of foreign companies. The fund typically invests in foreign companies with market capitalizations (market value of publicly traded equity securities) greater than $5 billion at the time of purchase.

Grade (RS Rating)

Last Trade

$32.49

Average Daily Volume

15,524

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPXI

First Trust International IPO ETF

FPXI Description

The investment seeks investment results that correspond generally to the price andyield (before the fund's fees and expenses) of an index called the IPOXInternational Index. The fund will normally invest at least 90% of its net assets (plus the amount ofany borrowings for investment purposes) in common stocks and/or depositaryreceipts that comprise the index. The index is a market-cap weightedportfolio measuring the performance of the top 50 non-U.S. companies, includingcompanies domiciled in emerging markets, ranked quarterly by marketcapitalization in the IPOX(R) Global Composite Index (the "Base Index"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.09

Average Daily Volume

9,749

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BINV	FPXI
30 Days	2.73%	2.85%
60 Days	10.99%	11.40%
90 Days	8.10%	0.24%
12 Months	29.23%	28.51%

0 Overlapping Holdings

	Symbol	Grade	Weight in BINV	Weight in FPXI	Overlap

BINV Overweight 3 Positions Relative to FPXI

Symbol	Grade	Weight
BABA	A	2.92%
SAP	C	2.41%
GRFS	C	2.15%

BINV Underweight 13 Positions Relative to FPXI

Symbol	Grade	Weight
ARM	C	-6.83%
SPOT	C	-5.32%
MNDY	B	-4.74%
NU	D	-4.03%
GEN	A	-3.37%
SN	A	-2.85%
NVO	F	-2.48%
ONON	A	-1.99%
CPNG	C	-1.55%
TCOM	A	-1.53%
RBA	D	-1.48%
TEVA	D	-1.01%
VIST	C	-0.27%

BINV: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Software - Application Specialty Retail