FLN vs. PIE ETF Comparison

Comparison of First Trust Latin America AlphaDEX Fund (FLN) to PowerShares DWA Emerging Market Technical Leaders Portfolio (PIE)

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

$16.66

Average Daily Volume

6,081

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

PIE

PowerShares DWA Emerging Market Technical Leaders Portfolio

PIE Description

The PowerShares DWA Emerging Markets Momentum Portfolio (Fund) is based on the Dorsey Wright® Emerging Markets Technical Leaders Index ND (Index). The Fund will normally invest at least 80% of its total assets in securities of emerging economies within Dorsey, Wright & Associates, LLC's classification definition, excluding companies listed on a US stock exchange. The Index includes approximately 100 companies that possess powerful relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Emerging Markets Technical Leaders Portfolio to PowerShares DWA Emerging Markets Momentum Portfolio.

Grade (RS Rating)

Last Trade

$19.94

Average Daily Volume

23,021

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	FLN	PIE
30 Days	-4.01%	-2.98%
60 Days	-7.75%	-3.32%
90 Days	-10.41%	-2.90%
12 Months	-10.42%	7.81%

4 Overlapping Holdings

	Symbol	Grade	Weight in FLN	Weight in PIE	Overlap
	BAP	A	2.17%	0.69%	0.69%
	BRFS	D	1.37%	0.97%	0.97%
	ERJ	A	3.87%	0.99%	0.99%
	NU	C	2.46%	1.06%	1.06%

FLN Overweight 5 Positions Relative to PIE

	Symbol	Grade	Weight
	GGB	B	3.57%
	VALE	F	3.08%
	CSAN	F	1.78%
	ASAI	F	0.67%
	ABEV	F	0.64%

FLN Underweight 2 Positions Relative to PIE

	Symbol	Grade	Weight
	UMC	F	-1.25%
	GDS	A	-0.93%

FLN: Top Represented Industries & Keywords

Industries: Aerospace & Defense Banks - Diversified Banks - Regional - Latin America Beverages - Brewers Grocery Stores Industrial Metals & Minerals Oil & Gas Refining & Marketing Packaged Foods Steel

Keywords: Bank Banking Acute Care Services Aerospace Material Alcohol Alloys Alternative Payments Aluminum Products Anheuser Busch Animal Feed Asset Management Products Aviation Services Base Metal Beef Beer Bottled Water Brewing Building Materials Cargo Transportation Service Cargo Transportation Services

PIE: Top Represented Industries & Keywords

Industries: Aerospace & Defense Banks - Diversified Banks - Regional - Latin America Data Storage Packaged Foods Semiconductors

Keywords: Banking Bank Acute Care Services Aerospace Material Alternative Payments Animal Feed Asset Management Products Aviation Services Beef Cheese Cloud Services Colocation Customer Support Services Dairy Products Data Center Debit Card Desserts E Commerce Fabless Semiconductor Companies Flour