FEMS vs. CXSE ETF Comparison

Comparison of First Trust Developed Markets Small Cap AlphaDex Fund (FEMS) to WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

FEMS

First Trust Developed Markets Small Cap AlphaDex Fund

FEMS 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 Small Cap Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks and/or depositary receipts that comprise the index. The index is designed to objectively identify and select small cap securities 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

$38.89

Average Daily Volume

37,615

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CXSE

WisdomTree China ex-State-Owned Enterprises Fund

CXSE Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree China ex-State-Owned Enterprises Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a modified float-adjusted market cap weighted index that consists of common stocks in China, excluding common stocks of "state-owned enterprises." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.83

Average Daily Volume

65,956

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FEMS	CXSE
30 Days	-1.23%	-5.78%
60 Days	-1.45%	15.39%
90 Days	-2.07%	16.74%
12 Months	6.99%	7.55%

1 Overlapping Holdings

	Symbol	Grade	Weight in FEMS	Weight in CXSE	Overlap
	GDS	C	0.7%	0.39%	0.39%

FEMS Overweight 3 Positions Relative to CXSE

Symbol	Grade	Weight
SGRP	D	0.79%
AKO.A	F	0.31%
IMOS	F	0.15%

FEMS Underweight 17 Positions Relative to CXSE

Symbol	Grade	Weight
BABA	D	-7.91%
PDD	F	-3.49%
TCOM	B	-1.32%
BIDU	F	-1.29%
BEKE	D	-0.81%
BGNE	D	-0.73%
YUMC	C	-0.66%
TME	D	-0.49%
LI	F	-0.49%
BILI	D	-0.41%
BZ	F	-0.39%
LEGN	D	-0.36%
NIO	F	-0.32%
XPEV	C	-0.3%
IQ	F	-0.24%
JKS	F	-0.21%
VIPS	F	-0.13%

FEMS: Top Represented Industries & Keywords

Industries: Beverages - Non-Alcoholic Business Services Data Storage Semiconductors