EAGL vs. FPA ETF Comparison

Comparison of Eagle Capital Select Equity ETF (EAGL) to First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA)

EAGL

Eagle Capital Select Equity ETF

EAGL Description

EAGL seeks to outperform the US equity markets through a narrow exposure to global value stocks. The actively managed fund generally holds 15-35 stocks assessed based on the advisers estimate of their long-term intrinsic values. The belief is that there is an opportunity to capture excess returns through a longer-term perspective. Thus, several investments of the fund are expected to be made with a five to seven-year holding period. The portfolio is constructed using a fundamental analysis that considers business changes, growth prospects, margins, industry factors, and valuation scenarios over the next 5 to 10 years, which seeks to identify a margin of safety based on valuation discount, resilience, growth opportunities, and strong management. The fund primarily focuses on US stocks and large-cap companies. However, the fund may invest in companies of any size and geographic location, including emerging markets. EAGL launched by converting an SMA with $1.8 billion in assets.

Grade (RS Rating)

Last Trade

$27.51

Average Daily Volume

56,980

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPA

First Trust Asia Pacific ex-Japan AlphaDEX Fund

FPA 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 Asia Pacific Ex-Japan 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 Asia Pacific Ex-Japan 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

$30.06

Average Daily Volume

622

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EAGL	FPA
30 Days	4.05%	5.31%
60 Days	9.95%	13.46%
90 Days	2.42%	6.38%
12 Months		24.99%

0 Overlapping Holdings

	Symbol	Grade	Weight in EAGL	Weight in FPA	Overlap

EAGL Overweight 9 Positions Relative to FPA

Symbol	Grade	Weight
AMZN	C	7.44%
META	A	5.5%
COP	D	5.38%
GOOGL	B	5.05%
AON	A	4.52%
UNH	B	4.47%
SHEL	D	4.44%
MSFT	D	4.38%
AER	C	3.82%

EAGL Underweight 6 Positions Relative to FPA

Symbol	Grade	Weight
SHG	D	-1.78%
KB	D	-1.78%
KEP	F	-1.41%
SKM	C	-1.27%
KT	C	-1.27%
XRX	D	-0.69%