VEU vs. FDT ETF Comparison

Comparison of Vanguard FTSE All World Ex US ETF (VEU) to First Trust Developed Markets ex-US AlphaDEX Fund (FDT)

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$59.37

Average Daily Volume

2,034,752

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

FDT

First Trust Developed Markets ex-US AlphaDEX Fund

FDT 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 Developed Markets Ex-US Index. The fund 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 Developed Markets Ex-US 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

$55.88

Average Daily Volume

24,737

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VEU	FDT
30 Days	-2.26%	0.02%
60 Days	-6.78%	-4.90%
90 Days	-3.33%	-1.97%
12 Months	12.71%	13.89%

11 Overlapping Holdings

Symbol	Grade	Weight in VEU	Weight in FDT	Overlap
E	F	0.12%	0.22%	0.12%
FLUT	A	0.14%	0.13%	0.13%
GOLD	D	0.11%	0.1%	0.1%
HMC	F	0.17%	0.48%	0.17%
KB	B	0.04%	0.12%	0.04%
KB	B	0.04%	0.12%	0.04%
KEP	B	0.0%	0.37%	0.0%
KEP	B	0.01%	0.37%	0.01%
SHG	D	0.04%	0.52%	0.04%
SHG	D	0.02%	0.52%	0.02%
TM	D	0.71%	0.34%	0.34%

VEU Overweight 95 Positions Relative to FDT

Symbol	Grade	Weight
NVS	F	0.77%
BABA	D	0.72%
HSBH	B	0.59%
UL	D	0.52%
MUFG	B	0.41%
HDB	A	0.4%
SONY	B	0.37%
TD	F	0.34%
SHOP	B	0.33%
ABBV	D	0.31%
PDD	F	0.3%
SMFG	A	0.27%
DEO	F	0.24%
IBN	B	0.21%
CNI	D	0.21%
MFG	B	0.18%
BCS	B	0.16%
WCN	A	0.16%
LYG	D	0.15%
VALE	F	0.12%
INFY	B	0.12%
TCOM	B	0.12%
STLA	F	0.1%
BIDU	F	0.09%
SW	B	0.09%
ITUB	F	0.06%
YUMC	B	0.06%
BEKE	D	0.05%
LI	F	0.05%
NMR	B	0.05%
XRX	F	0.05%
BGNE	D	0.04%
LOGI	D	0.04%
XPEV	C	0.03%
CHT	C	0.03%
BBD	F	0.03%
UMC	F	0.03%
VALE	F	0.03%
TME	F	0.03%
UMC	F	0.03%
QGEN	D	0.03%
PKX	F	0.03%
MBAVU	D	0.02%
AEI	D	0.02%
BZ	F	0.02%
TAL	F	0.02%
VIPS	F	0.02%
BCH	F	0.02%
WIT	A	0.02%
AGCO	D	0.02%
ABEV	F	0.02%
ERJ	B	0.02%
BILI	D	0.02%
NIO	F	0.02%
ASAI	F	0.02%
YMM	C	0.02%
PBR	C	0.02%
CHT	C	0.02%
ATHM	D	0.01%
GGB	C	0.01%
GDS	D	0.01%
SQM	F	0.01%
BSAC	F	0.01%
LPL	F	0.01%
GGB	C	0.01%
RDY	D	0.01%
CSAN	F	0.01%
BRFS	C	0.01%
SBSW	F	0.01%
TSM	C	0.01%
CIB	B	0.01%
ABEV	F	0.01%
CX	F	0.01%
QFIN	B	0.01%
WIT	A	0.01%
ATHM	D	0.0%
JEWL	F	0.0%
BAK	F	0.0%
ASAI	F	0.0%
ENIC	D	0.0%
ELP	F	0.0%
SID	F	0.0%
TS	B	0.0%
WB	C	0.0%
TAK	F	0.0%
EC	F	0.0%
MNTX	C	0.0%
VIV	F	0.0%
CIG	C	0.0%
YY	C	0.0%
DQ	F	0.0%
PIXY	F	0.0%
AKO.A	F	0.0%
IQ	F	0.0%
RLX	C	0.0%

VEU Underweight 4 Positions Relative to FDT

Symbol	Grade	Weight
KT	A	-0.45%
TIGO	D	-0.34%
SKM	D	-0.32%
OTEX	F	-0.1%