FEP vs. PTEU ETF Comparison

Comparison of First Trust Europe AlphaDEX Fund (FEP) to Pacer TrendpilotTM European Index ETF (PTEU)

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

$38.38

Average Daily Volume

11,071

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PTEU

Pacer TrendpilotTM European Index ETF

PTEU Description

The investment seeks to track the total return performance of the Pacer Trendpilot European Index. Normally the fund will invest at least 80% of its total assets in the 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 uses an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure (i) 100% to the FTSE Eurobloc Index, (ii) 50% to the FTSE Eurobloc Index and 50% to 3-Month US Treasury bills, or (iii) 100% to 3-Month US Treasury bills. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.28

Average Daily Volume

1,916

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FEP	PTEU
30 Days	1.64%	1.72%
60 Days	9.06%	8.90%
90 Days	1.48%	1.36%
12 Months	25.60%	12.08%

1 Overlapping Holdings

	Symbol	Grade	Weight in FEP	Weight in PTEU	Overlap
	E	C	0.6%	0.56%	0.56%

FEP Overweight 2 Positions Relative to PTEU

	Symbol	Grade	Weight
	ALV	F	0.36%
	BCS	B	0.21%

FEP Underweight 13 Positions Relative to PTEU

Symbol	Grade	Weight
ASML	F	-5.45%
SAP	C	-4.11%
TTE	B	-2.21%
SNY	C	-2.08%
SAN	C	-1.27%
BBVA	C	-1.03%
BUD	A	-0.99%
ING	D	-0.97%
STLA	F	-0.54%
ARGX	C	-0.53%
NOK	C	-0.37%
QGEN	F	-0.16%
TS	D	-0.11%

FEP: Top Represented Industries & Keywords

Industries: Auto Parts Banks - Global Oil & Gas Integrated