FDNI vs. KALL ETF Comparison

Comparison of First Trust Dow Jones International Internet ETF (FDNI) to KraneShares MSCI All China Index ETF (KALL)

FDNI

First Trust Dow Jones International Internet ETF

FDNI Description

The investment seeks the results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the Dow Jones International Internet Index (the “index”). The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is developed, maintained and sponsored by S&P Dow Jones Indices LLC and is designed to measure the performance of securities of non-U.S. issuers whose primary business focus is Internet-related. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.06

Average Daily Volume

7,618

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KALL

KraneShares MSCI All China Index ETF

KALL Description

The investment seeks to provide investment results that correspond to the price and yield performance of the MSCI China All Shares Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index and depositary receipts, including ADRs, representing such components. The index is a free float adjusted market capitalization weighted index designed to track the performance of Chinese exchange-listed equity securities. The securities eligible for inclusion in the index include all types of publicly issued shares of Chinese issuers, such as A-Shares, B-Shares, H-Shares, P-Chips and Red Chips.

Grade (RS Rating)

Last Trade

$20.49

Average Daily Volume

10,054

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDNI	KALL
30 Days	-0.30%	-6.69%
60 Days	8.38%	8.13%
90 Days	12.04%	9.20%
12 Months	27.14%	8.97%

6 Overlapping Holdings

Symbol	Grade	Weight in FDNI	Weight in KALL	Overlap
BABA	D	8.71%	4.94%	4.94%
BIDU	F	2.13%	0.81%	0.81%
BZ	F	0.39%	0.19%	0.19%
PDD	F	7.29%	2.09%	2.09%
TME	D	0.66%	0.49%	0.49%
VIPS	F	0.43%	0.3%	0.3%

FDNI Overweight 7 Positions Relative to KALL

Symbol	Grade	Weight
SHOP	B	10.91%
SPOT	B	5.98%
SE	B	3.46%
CPNG	D	2.69%
XRX	F	1.41%
WIX	B	1.01%
MBAVU	D	0.33%

FDNI Underweight 11 Positions Relative to KALL

Symbol	Grade	Weight
TCOM	B	-1.16%
YUMC	C	-0.68%
BEKE	D	-0.52%
LI	F	-0.46%
TAL	F	-0.34%
HTHT	D	-0.33%
NIO	F	-0.29%
BILI	D	-0.28%
QFIN	B	-0.22%
ATHM	D	-0.17%
IQ	F	-0.07%