FEM vs. EMXF ETF Comparison

Comparison of First Trust Emerging Markets AlphaDEX Fund (FEM) to iShares ESG Advanced MSCI EM ETF (EMXF)

FEM

First Trust Emerging Markets AlphaDEX Fund

FEM 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 Emerging Markets 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 Emerging Markets 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

$22.36

Average Daily Volume

56,811

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMXF

iShares ESG Advanced MSCI EM ETF

EMXF Description

The iShares ESG Advanced MSCI EM ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization emerging market companies that have a favorable environmental, social and governance rating while applying extensive screens for company involvement in controversial activities. -- As part of its investment objective this fund seeks to track an index that applies the following business involvement screens: adult entertainment, alcohol, civilian firearms, conventional weapons, controversial weapons, for profit prisons, fossil fuels, gambling, genetically modified organisms (GMOs), nuclear power, nuclear weapons, palm oil, predatory lending and tobacco. The business involvement screens are based on revenue or percentage of revenue thresholds for certain categories and categorical exclusions for others.

Grade (RS Rating)

Last Trade

$38.68

Average Daily Volume

4,863

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FEM	EMXF
30 Days	-2.99%	-4.59%
60 Days	-1.73%	-0.31%
90 Days	-3.11%	1.24%
12 Months	6.56%	9.27%

4 Overlapping Holdings

Symbol	Grade	Weight in FEM	Weight in EMXF	Overlap
BGNE	D	0.59%	0.29%	0.29%
BILI	C	0.63%	0.14%	0.14%
TCOM	B	0.97%	0.97%	0.97%
UMC	F	0.19%	0.44%	0.19%

FEM Overweight 5 Positions Relative to EMXF

Symbol	Grade	Weight
ERJ	A	1.26%
GGB	C	1.16%
VALE	F	0.8%
BABA	D	0.78%
CSAN	F	0.19%

FEM Underweight 7 Positions Relative to EMXF

Symbol	Grade	Weight
HDB	B	-2.44%
YUMC	B	-0.52%
CHT	C	-0.41%
LI	F	-0.39%
WIT	B	-0.25%
XPEV	C	-0.23%
MNSO	C	-0.05%