ILF vs. FLN ETF Comparison

Comparison of iShares Latin America 40 ETF (ILF) to First Trust Latin America AlphaDEX Fund (FLN)

ILF

iShares Latin America 40 ETF

ILF Description

The investment seeks to track the investment results of an index composed of 40 of the largest Latin American equities. 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 S&P Latin America 40TM (the "underlying index"), which is comprised of selected equities trading on the exchanges of five Latin American countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.39

Average Daily Volume

1,100,258

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$18.07

Average Daily Volume

48,045

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ILF	FLN
30 Days	-1.05%	-4.47%
60 Days	-8.42%	-10.46%
90 Days	-7.80%	-12.41%
12 Months	1.29%	-0.70%

4 Overlapping Holdings

Symbol	Grade	Weight in ILF	Weight in FLN	Overlap
BAP	C	2.52%	1.44%	1.44%
GGB	F	1.07%	3.44%	1.07%
NU	B	6.92%	4.16%	4.16%
VALE	D	9.66%	2.82%	2.82%

ILF Overweight 10 Positions Relative to FLN

Symbol	Grade	Weight
ITUB	D	6.66%
PBR	D	6.25%
BBD	D	2.73%
SCCO	C	2.28%
ABEV	F	2.1%
SQM	D	1.38%
CIB	C	0.86%
BSAC	C	0.68%
VIV	D	0.66%
EC	B	0.64%

ILF Underweight 4 Positions Relative to FLN

Symbol	Grade	Weight
ERJ	D	-4.0%
BRFS	A	-3.77%
PAGS	C	-2.53%
STNE	D	-0.56%