BRAZ vs. FLN ETF Comparison

Comparison of Global X Brazil Active ETF (BRAZ) to First Trust Latin America AlphaDEX Fund (FLN)

BRAZ

Global X Brazil Active ETF

BRAZ Description

The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.76

Average Daily Volume

286

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

$16.57

Average Daily Volume

6,199

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BRAZ	FLN
30 Days	-4.49%	-4.22%
60 Days	-7.27%	-7.70%
90 Days	-11.69%	-10.25%
12 Months	-16.18%	-11.25%

4 Overlapping Holdings

Symbol	Grade	Weight in BRAZ	Weight in FLN	Overlap
ABEV	F	1.89%	0.65%	0.65%
ASAI	F	3.75%	0.69%	0.69%
NU	C	9.62%	2.2%	2.2%
VALE	F	6.86%	3.0%	3.0%

BRAZ Overweight 8 Positions Relative to FLN

Symbol	Grade	Weight
PBR	D	10.24%
ITUB	F	8.52%
BBD	D	4.91%
EBR	F	3.34%
SUZ	B	2.8%
ARCO	F	2.09%
ELP	F	1.94%
MELI	C	1.22%

BRAZ Underweight 5 Positions Relative to FLN

Symbol	Grade	Weight
ERJ	A	-3.87%
GGB	C	-3.52%
BAP	A	-2.27%
CSAN	F	-1.74%
BRFS	C	-1.42%