FPXE vs. FNDC ETF Comparison

Comparison of First Trust IPOX Europe Equity Opportunities ETF (FPXE) to Schwab Fundamental International Small Company Index ETF (FNDC)

FPXE

First Trust IPOX Europe Equity Opportunities ETF

FPXE Description

The First Trust IPOX® Europe Equity Opportunities ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the IPOX® 100 Europe Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned, developed, maintained and sponsored by IPOX® Schuster LLC (the "Index Provider").

Grade (RS Rating)

Last Trade

$25.76

Average Daily Volume

475

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNDC

Schwab Fundamental International Small Company Index ETF

FNDC Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Developed ex-U.S. Small Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index, including depositary receipts representing securities of the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$35.29

Average Daily Volume

114,482

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPXE	FNDC
30 Days	-3.12%	-4.88%
60 Days	-2.87%	-5.72%
90 Days	-1.75%	-4.10%
12 Months	22.87%	9.38%

2 Overlapping Holdings

	Symbol	Grade	Weight in FPXE	Weight in FNDC	Overlap
	DOLE	D	0.07%	0.05%	0.05%
	SPOT	B	4.59%	0.07%	0.07%

FPXE Overweight 16 Positions Relative to FNDC

Symbol	Grade	Weight
ARM	F	6.58%
MNDY	D	4.25%
GEN	B	4.14%
ONON	B	3.73%
CLBT	B	1.69%
TEVA	D	0.87%
MRUS	F	0.8%
JHG	B	0.64%
CNTA	B	0.63%
SPNT	A	0.43%
BIRK	D	0.39%
IMTX	F	0.31%
VRNA	B	0.29%
SRAD	A	0.22%
GENI	B	0.16%
OSW	B	0.09%

FPXE Underweight 34 Positions Relative to FNDC

Symbol	Grade	Weight
SHOP	B	-0.19%
RBA	A	-0.15%
ASTL	B	-0.13%
TCI	C	-0.12%
TAC	B	-0.12%
QGEN	F	-0.11%
AEI	D	-0.09%
SE	A	-0.09%
YY	B	-0.07%
PDS	C	-0.06%
MBAVU	A	-0.06%
DOOO	F	-0.05%
CRTO	D	-0.05%
KLIC	C	-0.05%
CSIQ	F	-0.04%
FUTU	C	-0.04%
MLCO	F	-0.04%
CUK	A	-0.03%
FRO	D	-0.03%
CSTM	F	-0.03%
GOGL	C	-0.03%
ALKS	C	-0.02%
DAVA	D	-0.02%
ELBM	D	-0.02%
BLCO	B	-0.02%
MERC	F	-0.02%
CMPR	F	-0.02%
OPRA	A	-0.02%
XRX	F	-0.02%
SFL	D	-0.02%
MX	F	-0.01%
GTX	F	-0.01%
SEDG	F	-0.01%
BUR	C	-0.01%