FPA vs. UIVM ETF Comparison
Comparison of First Trust Asia Pacific ex-Japan AlphaDEX Fund (FPA) to VictoryShares USAA MSCI International Value Momentum ETF (UIVM)
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
$30.56
Average Daily Volume
613
6
UIVM
VictoryShares USAA MSCI International Value Momentum ETF
UIVM Description
The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the MSCI World ex USA Select Value Momentum Blend Index. The fund invests at least 80% of its assets in securities in the index, depositary receipts on securities in the index and securities underlying depositary receipts in the index. The index delivers exposure to equity market performance in non-U.S. developed markets and provides higher exposure to value and momentum factors within the MSCI World ex USA Index while also maintaining moderate index turnover and lower realized volatility than traditional capitalization weighted indexes.Grade (RS Rating)
Last Trade
$49.70
Average Daily Volume
1,519
13
Performance
Period | FPA | UIVM |
---|---|---|
30 Days | 5.07% | 0.13% |
60 Days | 10.92% | 6.18% |
90 Days | 7.88% | 3.09% |
12 Months | 27.69% | 25.04% |
FPA: Top Represented Industries & Keywords
UIVM: Top Represented Industries & Keywords