FEP vs. FLEE ETF Comparison

Comparison of First Trust Europe AlphaDEX Fund (FEP) to Franklin FTSE Europe ETF (FLEE)

FEP

First Trust Europe AlphaDEX Fund

FEP 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 Europe 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 Europe 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

$36.36

Average Daily Volume

12,614

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLEE

Franklin FTSE Europe ETF

FLEE Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Developed Europe RIC Capped Index (the FTSE Developed Europe Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Developed Europe Capped Index and in depositary receipts representing such securities. The FTSE Developed Europe Capped Index is based on the FTSE Developed Europe Index and is designed to measure the performance of large- and mid-capitalization stocks from developed European countries.

Grade (RS Rating)

Last Trade

$28.25

Average Daily Volume

3,657

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FEP	FLEE
30 Days	-4.01%	-5.59%
60 Days	-5.70%	-7.36%
90 Days	-6.03%	-8.18%
12 Months	11.38%	9.08%

4 Overlapping Holdings

Symbol	Grade	Weight in FEP	Weight in FLEE	Overlap
BCS	A	0.38%	0.44%	0.38%
E	F	0.68%	0.3%	0.3%
FLUT	A	0.6%	0.4%	0.4%
LYG	D	0.16%	0.39%	0.16%

FEP Overweight 1 Positions Relative to FLEE

	Symbol	Grade	Weight
	TIGO	D	0.7%

FEP Underweight 10 Positions Relative to FLEE

Symbol	Grade	Weight
NVS	F	-1.95%
HSBH	B	-1.49%
UL	D	-1.29%
ABBV	F	-0.81%
DEO	F	-0.61%
STLA	F	-0.25%
SW	A	-0.24%
LOGI	D	-0.11%
MT	B	-0.1%
QGEN	D	-0.09%

FEP: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - Europe Gambling Oil & Gas Integrated Telecom Services