FPXE vs. PJIO ETF Comparison

Comparison of First Trust IPOX Europe Equity Opportunities ETF (FPXE) to PGIM Jennison International Opportunities ETF (PJIO)

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

$25.97

Average Daily Volume

490

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PJIO

PGIM Jennison International Opportunities ETF

PJIO Description

Under normal market conditions, the fund invests a majority of its net assets in equity and equity-related securities of non-U.S. companies located in various countries outside the U.S., including non-U.S. issuers located in emerging markets (identified by the subadviser as countries classified by MSCI as emerging and frontier markets). The subadviser uses a combination of fundamental research and systematic portfolio construction. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.84

Average Daily Volume

1,711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPXE	PJIO
30 Days	-1.03%	-4.19%
60 Days	-2.07%	-5.74%
90 Days	-2.26%	-7.40%
12 Months	24.83%

1 Overlapping Holdings

	Symbol	Grade	Weight in FPXE	Weight in PJIO	Overlap
	MNDY	C	4.25%	2.73%	2.73%

FPXE Overweight 17 Positions Relative to PJIO

Symbol	Grade	Weight
ARM	F	6.58%
SPOT	B	4.59%
GEN	B	4.14%
ONON	A	3.73%
CLBT	B	1.69%
TEVA	C	0.87%
MRUS	F	0.8%
JHG	B	0.64%
CNTA	B	0.63%
SPNT	B	0.43%
BIRK	D	0.39%
IMTX	F	0.31%
VRNA	B	0.29%
SRAD	A	0.22%
GENI	C	0.16%
OSW	B	0.09%
DOLE	D	0.07%

FPXE Underweight 7 Positions Relative to PJIO

Symbol	Grade	Weight
TSM	B	-8.7%
MELI	C	-6.49%
NVO	F	-4.83%
NU	C	-4.35%
SAP	B	-2.04%
AZN	F	-1.96%
ASML	F	-0.87%