FEM vs. VEU ETF Comparison

Comparison of First Trust Emerging Markets AlphaDEX Fund (FEM) to Vanguard FTSE All World Ex US ETF (VEU)

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

$22.34

Average Daily Volume

59,888

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$59.19

Average Daily Volume

2,076,190

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

Performance

Period	FEM	VEU
30 Days	-2.49%	-2.58%
60 Days	-2.79%	-4.08%
90 Days	-3.04%	-3.78%
12 Months	8.20%	12.95%

12 Overlapping Holdings

Symbol	Grade	Weight in FEM	Weight in VEU	Overlap
BABA	D	0.74%	0.72%	0.72%
BGNE	D	0.55%	0.04%	0.04%
BILI	D	0.53%	0.02%	0.02%
CSAN	F	0.19%	0.01%	0.01%
ERJ	B	1.29%	0.02%	0.02%
GGB	C	1.16%	0.01%	0.01%
GGB	C	1.16%	0.01%	0.01%
TCOM	B	0.92%	0.12%	0.12%
UMC	F	0.19%	0.03%	0.03%
UMC	F	0.19%	0.03%	0.03%
VALE	F	0.81%	0.12%	0.12%
VALE	F	0.81%	0.03%	0.03%

FEM Overweight 0 Positions Relative to VEU

	Symbol	Grade	Weight

FEM Underweight 94 Positions Relative to VEU

Symbol	Grade	Weight
NVS	D	-0.77%
TM	D	-0.71%
HSBH	B	-0.59%
UL	D	-0.52%
MUFG	B	-0.41%
HDB	C	-0.4%
SONY	B	-0.37%
TD	F	-0.34%
SHOP	B	-0.33%
ABBV	D	-0.31%
PDD	F	-0.3%
SMFG	B	-0.27%
DEO	F	-0.24%
IBN	C	-0.21%
CNI	D	-0.21%
MFG	B	-0.18%
HMC	F	-0.17%
BCS	C	-0.16%
WCN	A	-0.16%
LYG	F	-0.15%
FLUT	A	-0.14%
INFY	B	-0.12%
E	F	-0.12%
GOLD	D	-0.11%
STLA	F	-0.1%
BIDU	F	-0.09%
SW	A	-0.09%
ITUB	F	-0.06%
YUMC	C	-0.06%
BEKE	D	-0.05%
LI	F	-0.05%
NMR	B	-0.05%
XRX	F	-0.05%
KB	B	-0.04%
SHG	D	-0.04%
KB	B	-0.04%
LOGI	D	-0.04%
XPEV	C	-0.03%
CHT	D	-0.03%
BBD	D	-0.03%
TME	D	-0.03%
QGEN	D	-0.03%
PKX	F	-0.03%
MBAVU	D	-0.02%
AEI	D	-0.02%
BZ	F	-0.02%
TAL	F	-0.02%
VIPS	F	-0.02%
BCH	F	-0.02%
WIT	A	-0.02%
AGCO	D	-0.02%
ABEV	F	-0.02%
NIO	F	-0.02%
ASAI	F	-0.02%
YMM	C	-0.02%
SHG	D	-0.02%
PBR	C	-0.02%
CHT	D	-0.02%
ATHM	D	-0.01%
GDS	C	-0.01%
SQM	F	-0.01%
BSAC	F	-0.01%
LPL	F	-0.01%
RDY	F	-0.01%
KEP	B	-0.01%
BRFS	D	-0.01%
SBSW	D	-0.01%
TSM	B	-0.01%
CIB	B	-0.01%
ABEV	F	-0.01%
CX	D	-0.01%
QFIN	B	-0.01%
WIT	A	-0.01%
ATHM	D	-0.0%
JEWL	F	-0.0%
BAK	F	-0.0%
ASAI	F	-0.0%
ENIC	D	-0.0%
ELP	F	-0.0%
SID	F	-0.0%
TS	B	-0.0%
WB	D	-0.0%
TAK	F	-0.0%
EC	D	-0.0%
MNTX	C	-0.0%
VIV	F	-0.0%
CIG	C	-0.0%
YY	C	-0.0%
DQ	F	-0.0%
PIXY	F	-0.0%
AKO.A	F	-0.0%
IQ	F	-0.0%
RLX	C	-0.0%
KEP	B	-0.0%