ETEC vs. FLN ETF Comparison

Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to First Trust Latin America AlphaDEX Fund (FLN)

ETEC

iShares Breakthrough Environmental Solutions ETF

ETEC Description

ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$19.76

Average Daily Volume

519

Number of Holdings ^*

11

* 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 ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	ETEC	FLN
30 Days	-3.35%	-4.22%
60 Days	-6.11%	-7.70%
90 Days	-3.59%	-10.25%
12 Months	-7.07%	-11.25%

0 Overlapping Holdings

	Symbol	Grade	Weight in ETEC	Weight in FLN	Overlap

ETEC Overweight 11 Positions Relative to FLN

	Symbol	Grade	Weight
	BWA	D	6.35%
	TSLA	B	5.97%
	OLED	F	4.92%
	XPEV	C	4.28%
	LI	F	3.41%
	FSLR	F	3.26%
	XYL	D	2.69%
	NIO	F	2.46%
	ENPH	F	2.31%
	LCID	F	1.14%
	SEDG	F	0.6%

ETEC Underweight 9 Positions Relative to FLN

	Symbol	Grade	Weight
	ERJ	A	-3.87%
	GGB	C	-3.52%
	VALE	F	-3.0%
	BAP	A	-2.27%
	NU	C	-2.2%
	CSAN	F	-1.74%
	BRFS	C	-1.42%
	ASAI	F	-0.69%
	ABEV	F	-0.65%

ETEC: Top Represented Industries & Keywords

Industries: Auto Manufacturers Semiconductor Equipment & Materials Solar Auto Parts Diversified Industrials

Keywords: Electric Vehicle S&P 500 Transport Cars Motor Vehicles Nasdaq 100 Photovoltaic System Photovoltaics Automotive Manufacturers Electromagnetism Inverter Systems Inverters Power Systems Powertrain Renewable Energy Solar Panel Solar Power Solar Power Systems Sport Utility Vehicle Actuator

FLN: Top Represented Industries & Keywords

Industries: Aerospace & Defense Banks - Diversified Banks - Regional - Latin America Beverages - Brewers Grocery Stores Industrial Metals & Minerals Oil & Gas Refining & Marketing Packaged Foods Steel

Keywords: Bank Banking Acute Care Services Aerospace Material Alcohol Alloys Alternative Payments Aluminum Products Anheuser Busch Animal Feed Asset Management Products Aviation Services Base Metal Beef Beer Bottled Water Brewing Building Materials Cargo Transportation Service Cargo Transportation Services