First Trust Developed Markets ex-us AlphaDEX Fund ETF.com segment: Equity: Developed Markets Ex-U.S. - Total Market Competing ETFs: JPIN, GSIE, INTF, RODM, UIVM Related ETF Channels: Developed Markets Ex-U.S., Smart-Beta ETFs, Multi-factor, Total Market, Broadbased, Developed Markets, Equity, Size and Style Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. N/A 44 FUND DESCRIPTION The First Trust Developed Markets Ex-U.S. AlphaDex ETF tracks an index of international, developed-market stocks, selected by growth and value factors and equal-weighted in tiers. FACTSET ANALYTICS INSIGHT employs a rather involved strategy in an attempt to deliver market-beating performance. It focuses on the ex-us space and scores each security twice, by both growth and value characteristics, assigning whatever score is highest as the stock's style score. It then takes the top 300 stocks and breaks them into quintiles, giving higher-scoring quintiles greater weight in the index. The fund does set constraints on geographic weighting, to prevent the portfolio from skewing too far afield in terms of country exposure. is reconstituted semi-annually.as you might expect, major sector bets abound, while geographic tilts can be significant if not quite as dramatic. The fund has a midcap tilt and a much lower average market cap than our benchmark, despite ignoring small- and micro-caps. The efficacy of this strategy is far from a sure thing: doesn t follow our benchmark well, but still captures most of its risk, especially to the downside. trades decently, but retail investors will still find sizeable spreads and uneven daily volume. Institutional investors should be able to get straightforward execution on block trades. charges a step fee, but the fund tends to track its index well, delivering its unusual strategy at the stated cost. SUMMARY DATA Issuer Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date First Trust 04/18/11 Open-Ended Fund 0.80% $1.10B $8.43M 0.14% $14.46B 9.93 1.27 2.47% 12/18/18 MSCI ESG ANALYTICS INSIGHT The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of October 21, 2018 the First Trust Developed Markets ex-us AlphaDEX Fund MSCI ESG Fund Quality Score is 5.32 out of 10. The fund s Peer Rank reflects the ranking of a fund s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ranks in the 45th percentile within its peer group and in the 43th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage. Number of Holdings INDEX DATA Index Tracked 290 NASDAQ AlphaDEX Developed Markets Ex-US Index Index Weighting Methodology Index Selection Methodology Tiered Multi-Factor MSCI World ex USA IMI
1 Year Daily Price ($) 70.00 65.00 60.00 55.00 Nov Dec `18 Feb Mar Apr May Jun Jul Aug Sep Oct 1 000k PERFORMANCE [as of 10/19/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS -8.80% -8.69% -11.91% -7.54% 5.93% 2.93% (NAV) -8.40% -8.62% -11.57% -7.16% 6.17% 3.12% NASDAQ AlphaDEX Developed Markets Ex-US Index MSCI World ex USA IMI -5.86% -5.80% -7.79% -5.16% 5.12% 2.61% 7.29% All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES Japan 25.98% Australia 6.56% Korea, Republic of 12.37% Germany 5.15% Hong Kong 9.90% Sweden 4.10% Canada 8.67% Norway 3.45% United Kingdom 8.04% France 2.90% TOP 10 SECTORS Financials 22.86% Energy 7.19% Industrials 15.48% Consumer Non-Cyclicals 6.81% Basic Materials 15.21% Healthcare 3.54% Consumer Cyclicals 15.04% Telecommunications Serv 2.53% Technology 7.61% Utilities 1.76% TOP 10 HOLDINGS Tokyo Electric Power Com 0.63% SK Telecom Co., Ltd. Parkland Fuel Corporation 0.62% Mitsubishi Corporation Toshiba Corporation 0.61% Scentre Group Alfresa Holdings Corporat 0.60% Welcia Holdings Co., Ltd. SEGRO plc 0.59% Konica Minolta, Inc. Total Top 10 Weighting 5.95%
PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.80% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No Yes 100% / 0% N/A ETN Counterparty Risk N/A Fund Closure Risk Low Portfolio Disclosure Daily
Daily Spread 0.29% FACTSET ANALYTICS BLOCK LIQUIDITY As of 10/22/18 0.22% 0.15% 0.08% 0.01% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of. is rated a 5 out of 5. Premium/Discount 2.0% TRADABILITY Avg. Daily Share 146,124 1.0% Average Daily $ $8.43M 0.0% Median Daily Share 94,626-1.0% 1 000k 750k 500k 250k Median Daily ($) Average Spread (%) Average Spread ($) $5.67M 0.14% $0.08 Dec Feb Apr May Jul Aug Oct Median Premium / Discount (12 Mo) 0.14% Max. Premium / Discount (12 Mo) 1.10% / -0.85% Impediment to Creations None Market Hours Overlap 16.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 1.89 Creation Unit Cost (%) 0.22% Underlying / Unit 0.07% Open Interest on ETF Options Net Asset Value (Yesterday) $54.38 ETF.com Implied Liquidity 5
SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Financials 22.86% 23.75% Industrials 15.48% 15.10% Basic Materials Consumer Cyclicals 15.21% 7.60% 15.04% 11.99% Technology 7.61% 6.14% Energy 7.19% 7.15% Consumer Non- Cyclicals 6.81% 9.67% Healthcare 3.54% 9.45% Telecommunications Services 2.53% 3.39% Utilities 1.76% 2.85% COUNTRIES Tokyo Electric Power Company Holdings, Incorporated Parkland Fuel Corporation Toshiba Corporation Alfresa Holdings Corporation SEGRO plc SK Telecom Co., Ltd. Mitsubishi Corporation Scentre Group Welcia Holdings Co., Ltd. Konica Minolta, Inc. Total Top 10 Weighting 0.63% 0.62% 0.61% 0.60% 0.59% 5.95% Japan 25.98% 22.84% Goodness of Fit (R2) Beta Up Beta Down Beta Downside Standard Deviation MSCI ESG RATINGS MSCI ESG Quality Score Peer Group Percentile Rank Global Percentile Rank SRI Screening Criteria Exposure Exposure to Sustainable Impact Solutions Weighted Average Carbon Intensity (t CO2e/$M Sales) 0.48 0.92 0.62 0.83 MSCI World ex USA IMI 5.32 / 10 44.66 42.62 5.92% 6.08% 380.22 Korea, Republic of 12.37% Hong Kong 9.90% 2.89% Canada 8.67% 8.72% United Kingdom 8.04% 16.10% Australia 6.56% 6.32% Germany 5.15% 8.19% Sweden 4.10% 2.82% Norway 3.45% 0.83% BENCHMARK COMPARISON HOLDINGS Number of Holdings Constituents Shared Holdings Shared Holdings Weight 290 3565 241 12.03% France 2.90% 8.79% BENCHMARK COMPARISON SUMMARY REGIONS Asia-Pacific 58.05% 33.72% Europe 32.63% 56.32% North America 9.17% 9.44% Middle East & Africa 0.15% 0.52% ECONOMIC DEVELOPMENT Number of Holdings Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio 290 3565 $14.46B $50.01B 9.93 15.15 1.27 1.65 Dividend Yield 2.51% 3.05% Developed Countries 100.00% 100.00% Concentration Low
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