FPA vs. IYZ ETF Comparison

Comparison of First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) to iShares U.S. Telecommunications ETF (IYZ)

FPA

First Trust Asia Pacific ex-Japan AlphaDEX Fund

FPA 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 Asia Pacific Ex-Japan 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 Asia Pacific Ex-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

$29.77

Average Daily Volume

895

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

IYZ

iShares U.S. Telecommunications ETF

IYZ Description

The investment seeks to track the investment results of an index composed of U.S. equities in the telecommunications sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Telecommunications Index (the "underlying index"), which measures the performance of the telecommunications sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.18

Average Daily Volume

814,479

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	FPA	IYZ
30 Days	-0.70%	5.45%
60 Days	-1.14%	10.43%
90 Days	1.40%	16.16%
12 Months	21.20%	30.08%

0 Overlapping Holdings

	Symbol	Grade	Weight in FPA	Weight in IYZ	Overlap

FPA Overweight 6 Positions Relative to IYZ

	Symbol	Grade	Weight
	SHG	C	1.59%
	KEP	B	1.46%
	KT	A	1.37%
	SKM	C	1.33%
	KB	B	0.74%
	XRX	F	0.38%

FPA Underweight 20 Positions Relative to IYZ

	Symbol	Grade	Weight
	CSCO	B	-17.04%
	VZ	C	-12.54%
	T	A	-11.76%
	UI	B	-5.65%
	LITE	B	-5.18%
	TMUS	B	-4.42%
	CMCSA	B	-4.41%
	LBRDK	C	-4.34%
	CIEN	C	-4.32%
	ANET	C	-4.12%
	CHTR	C	-4.1%
	MSI	B	-4.06%
	IRDM	D	-3.59%
	ROKU	D	-3.5%
	JNPR	D	-3.31%
	FYBR	C	-3.19%
	SNRE	D	-1.49%
	LBTYA	F	-1.06%
	LBTYK	A	-1.04%
	LBRDA	C	-0.65%

FPA: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Telecom Services Information Technology Services Utilities - Regulated Electric

Keywords: Account Management Bank Banking Broadband Broadband Internet Connection Services Currency Information And Communications Technology Information Technology Outsourcing Information Technology Outsourcing Services Interconnection Services Internet Access Internet Access Services Investment Banking Investment Banking Services Iptv Mobile Telecommunications Phone Services Securitization Technology Outsourcing Services

IYZ: Top Represented Industries & Keywords

Industries: Pay TV Communication Equipment Telecom Services Computer Systems

Keywords: Broadband Telecommunications S&P 500 Internet Access Ethernet Information And Communications Technology Video Services Computer Network Computer Networking Nasdaq 100 Virgin Media Backhaul Cable Television Companies Computing High Speed Internet Internet Service Provider Internet Services Network Infrastructure VoIP Voice And Data