FLN vs. NETL ETF Comparison

Comparison of First Trust Latin America AlphaDEX Fund (FLN) to NETLease Corporate Real Estate ETF (NETL)

FLN

First Trust Latin America AlphaDEX Fund

FLN 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 Latin America 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 Latin America 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

$17.94

Average Daily Volume

7,119

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NETL

NETLease Corporate Real Estate ETF

NETL Description

The investment seeks to track the performance, before fees and expenses, of the Fundamental Income Net Lease Real Estate Index. The index is generally composed of the U.S.-listed equity securities of companies that derive at least 85% of their earnings or revenues from real estate operations in the net lease real estate sector ("Eligible Companies"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.78

Average Daily Volume

12,417

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLN	NETL
30 Days	-0.29%	0.84%
60 Days	6.50%	5.25%
90 Days	1.71%	16.52%
12 Months	5.92%	34.26%

0 Overlapping Holdings

	Symbol	Grade	Weight in FLN	Weight in NETL	Overlap

FLN Overweight 8 Positions Relative to NETL

Symbol	Grade	Weight
ERJ	C	4.89%
NU	D	4.56%
BRFS	C	4.16%
GGB	B	3.29%
VALE	B	2.55%
PAGS	F	1.89%
BAP	B	1.58%
STNE	F	0.51%

FLN Underweight 20 Positions Relative to NETL

Symbol	Grade	Weight
WPC	C	-8.2%
NNN	A	-8.04%
O	A	-7.93%
VICI	C	-7.76%
STAG	D	-7.59%
IIPR	C	-4.23%
EPRT	C	-4.17%
GOOD	A	-4.08%
EPR	C	-4.07%
BNL	C	-4.01%
ADC	B	-4.01%
GTY	C	-3.96%
GNL	D	-3.93%
NTST	D	-3.87%
LXP	D	-3.85%
OLP	C	-3.74%
FCPT	C	-3.59%
PSTL	C	-3.49%
GLPI	A	-3.34%
PINE	C	-1.64%