FJP vs. FENI ETF Comparison

Comparison of First Trust Japan AlphaDEX Fund (FJP) to Fidelity Enhanced International ETF (FENI)

FJP

First Trust Japan AlphaDEX Fund

FJP 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 Japan Index. The fund will normally invest 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 Japan 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

$51.65

Average Daily Volume

9,344

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FENI

Fidelity Enhanced International ETF

FENI Description

The fund will normally invest at least 80% of assets in common stocks included in the MSCI EAFE Index, which is a market capitalization-weighted index that is designed to measure the investable equity market performance for global investors in developed markets, excluding the U.S. & Canada. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index.

Grade (RS Rating)

Last Trade

$27.83

Average Daily Volume

164,512

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FJP	FENI
30 Days	-3.00%	-5.50%
60 Days	-1.90%	-6.39%
90 Days	-0.27%	-4.03%
12 Months	8.70%

3 Overlapping Holdings

Symbol	Grade	Weight in FJP	Weight in FENI	Overlap
MUFG	A	1.39%	0.53%	0.53%
NMR	B	1.31%	0.66%	0.66%
SMFG	A	1.69%	0.03%	0.03%

FJP Overweight 3 Positions Relative to FENI

Symbol	Grade	Weight
MFG	A	1.78%
HMC	F	1.43%
AGCO	D	0.32%

FJP Underweight 28 Positions Relative to FENI

Symbol	Grade	Weight
NVS	D	-1.57%
HSBH	A	-1.0%
UL	D	-0.83%
ABBV	F	-0.78%
SE	B	-0.77%
SONY	D	-0.74%
BTI	C	-0.71%
WIX	A	-0.67%
QGEN	D	-0.56%
TM	F	-0.55%
GSK	F	-0.49%
RIO	F	-0.47%
UL	D	-0.47%
HSBC	A	-0.4%
SNY	D	-0.29%
ABBV	F	-0.27%
RELX	D	-0.24%
GMAB	F	-0.24%
VOD	D	-0.24%
NOK	B	-0.21%
BBVA	D	-0.13%
BCS	A	-0.12%
NVS	D	-0.12%
NWG	A	-0.11%
LYG	C	-0.11%
AZN	F	-0.08%
LOGI	F	-0.04%
CCEP	D	-0.02%