FJP vs. IVAL ETF Comparison

Comparison of First Trust Japan AlphaDEX Fund (FJP) to ValueShares International Quantitative Value ETF (IVAL)

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

$52.50

Average Daily Volume

9,245

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

IVAL

ValueShares International Quantitative Value ETF

IVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily - generally greater than 80%, but at least 65% of its net assets, plus any borrowings for investment purposes - in equity securities of international companies that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest primarily in the exchange-listed common stock of international companies and depositary receipts. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.28

Average Daily Volume

11,703

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	FJP	IVAL
30 Days	5.29%	-0.82%
60 Days	-2.92%	-5.60%
90 Days	-1.85%	-4.43%
12 Months	8.11%	6.40%

1 Overlapping Holdings

	Symbol	Grade	Weight in FJP	Weight in IVAL	Overlap
	HMC	F	1.35%	1.66%	1.35%

FJP Overweight 5 Positions Relative to IVAL

	Symbol	Grade	Weight
	MFG	B	1.93%
	SMFG	B	1.76%
	MUFG	B	1.46%
	NMR	B	1.36%
	AGCO	D	0.32%

FJP Underweight 1 Positions Relative to IVAL

	Symbol	Grade	Weight
	TM	D	-1.97%

FJP: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Banks - Regional - Asia Capital Markets Farm & Construction Equipment

Keywords: Advisory Services Bank Financial Products Investment Banking Investment Banking Services Structured Finance Asset And Liability Management Asset Management Banking Consumer Finance Corporate Banking Financial Advisory Services Investment Bank Investment Product Liability Management Mower Project Finance Settlement Services Sprayer Syndicated Loan

IVAL: Top Represented Industries & Keywords

Industries: Auto Manufacturers

Keywords: Automotive Industry Cars Passenger Car Transport Auto Parts Cogeneration Crystalline Silicon E Commerce Marketplace Lawn Mower Mower Power Products Retail Dealers Retail Lending Solar Cells Sprayer Thin Film