ETF Research Center

First Trust Emerging Markets Small Cap AlphaDEX Fund

ALTAR
Score™

14.9%

Recommen-
dation

SPECULATIVE

2025E 2026E
P/E ratio	7.2x	P/Sales ratio	0.5x
P/BV ratio	0.8x	Div. yield	3.3%

Description
Performance
Comps
Fundamentals
Valuation
Rating

First Trust Emerging Markets Small Cap AlphaDEX Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the Defined Emerging Markets Small Cap Index.

FUND BASICS
Category	Emerging Market Equities
Fund Sponsor	First Trust Advisors LP
Website	www.ftportfolios.com
Inception date	Feb 15, 2012
Assets (mns)	$236
Currency	USD
Expense ratio	80 bp
Distributions	Quarterly

FUND STRUCTURE
Regulation	Open-Ended Fund
Custodian	Brown Brothers Harriman & Co
Weighting	Tiered
Index replication	Full
Uses derivatives	No
Options available	Yes

SECTOR BREAKDOWN

CONSTITUENT BREAKDOWN
No. of constituents	222
Wgt avg mkt cap (mns)	$1,608
Large cap (>$10bn)	0.0%
Mid cap ($2-10bn)	33.7%
Small cap (<$2bn)	64.0%
Developed mkts	15.2%
Emerging mkts	84.8%

TOP TEN HOLDINGS
Total	11.3 %
TIGERAIR TAIWAN CO., LTD.	1.3 %
Q TECHNOLOGY (GROUP) CO. LTD.	1.3 %
GREENTOWN CHINA HOLDINGS	1.2 %
ASIA OPTICAL CO INC	1.2 %
FUFENG GROUP LTD	1.1 %
MAGYAR TELEKOM TELECOMMUNICATIONS	1.1 %
EMLAK KONUT GAYRIMENKUL YATI	1.1 %
JOHNSON HEALTH TECH CO LTD	1.1 %
GDS HOLDINGS LTD.	1.1 %
NG2 SA	1.0 %

TOP COUNTRY EXPOSURE
	CHINA	16.2 %
	TURKEY	12.2 %
	TAIWAN	10.4 %
	BRAZIL	9.6 %
	SOUTH AFRICA	8.2 %
	HONG KONG	7.6 %
	INDONESIA	6.4 %
	MALAYSIA	5.1 %
	THAILAND	3.8 %
	MEXICO	2.9 %

Standardized Annual Returns (thru February 28)
Year-to-date	1 year	5 years	10 years	Since Incep.
-1.8%	-2.6%	6.1%	5.3%	5.2%

Market Correlations
versus...	Beta	R-squared
S&P500	0.57	36%
MSCI EAFE	0.67	53%
MSCI Emg. Mkts.	0.75	66%

Technical Indicators
Recent close	$34.48
30d moving avg.	$38.01
Annualized volatility	16.1%
Short interest (ETF)	0.0%
Relative strength (RSI)	47

Liquidity measures
Avg. volume (thou.)	36
Turnover	0.5%
Bid/Ask (% of price)	0.64%
ADV underlying (mns)	$1,234

FINDING ALTERNATIVE FUNDS

Below is a list of 233 potential alternatives to the First Trust Emerging Markets Small Cap AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FEMS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker:

FEMS

Expense:

80 bp

ALTAR Score™:

14.9%

ALTERNATIVE ETFs BASED ON OVERLAP WITH FEMS
Ticker	Fund Name	Overlap¹ vs FEMS (%)	Expense ratio (bp)	Savings vs FEMS (bp)	ALTAR Score™ (%)	ALTAR vs FEMS (%)
ECNS	iShares MSCI China Small-Cap ETF	16.5	59	21	11.9	-3.0
PIE	Invesco Dorsey Wright Emerging Markets Momentum ETF	11.6	90	-10	9.2	-5.7
DGS	WisdomTree Emerging Markets SmallCap Dividend Fund	11.1	58	22	10.8	-4.0
TUR	iShares MSCI Turkey ETF	9.8	58	22	19.7	+4.8
EEMS	iShares MSCI Emerging Markets Small Cap ETF	9.7	70	10	8.4	-6.5
EYLD	Cambria Emerging Shareholder Yield ETF	7.5	66	14	14.2	-0.7
BRF	VanEck Brazil Small-Cap ETF	7.0	66	14	13.7	-1.1
EWX	SPDR S&P Emerging Markets Small Cap ETF	6.8	65	15	8.7	-6.2
JPEM	JPMorgan Diversified Return Emerging Markets Equity ETF	6.7	44	36	11.7	-3.2
EWZS	iShares MSCI Brazil Small-Cap ETF	6.2	59	21	14.1	-0.8
TLTE	FlexShares Morningstar Emerging Markets Factor Tilt Index	6.0	59	21	14.7	-0.2
UEVM	VictoryShares Emerging Markets Value Momentum ETF	5.9	45	35	11.9	-3.0
DVYE	iShares Emerging Markets Dividend ETF	5.6	49	31	20.4	+5.6
AVES	Avantis Emerging Markets Value ETF	5.3	36	44	13.1	-1.7
EIDO	iShares MSCI Indonesia ETF	5.2	59	21	9.2	-5.6
DEM	WisdomTree Emerging Markets High Dividend Fund	5.0	63	17	14.5	-0.3
SDIV	Global X Superdividend ETF	4.6	58	22	15.4	+0.5
IDX	VanEck Indonesia Index ETF	4.1	57	23	9.0	-5.8
FBZ	First Trust Brazil AlphaDEX Fund	4.0	80	0	14.0	-0.9
AVEM	Avantis Emerging Markets Equity ETF	3.7	33	47	10.5	-4.4
EDIV	SPDR S&P Emerging Markets Dividend ETF	3.4	49	31	12.2	-2.6
DFEV	Dimensional Emerging Markets Value ETF	3.4	43	37	15.6	+0.7
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	3.2	38	42	10.7	-4.1
KGRN	KraneShares MSCI China Clean Technology Index ETF	3.2	79	1	4.1	-10.7
MFEM	PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF	3.0	50	30	12.4	-2.5
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	2.8	41	39	10.1	-4.8
EWW	iShares MSCI Mexico ETF	2.8	50	30	10.1	-4.8
VIDI	Vident International Equity Strategy ETF	2.7	61	19	13.1	-1.7
OBOR	KraneShares MSCI One Belt One Road Index ETF	2.6	79	1	8.2	-6.6
XCNY	SPDR S&P Emerging Markets ex-China ETF	2.5	15	65	0.0	-14.9
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	2.5	70	10	17.1	+2.2
RFEM	First Trust Riverfront Dynamic Emerging Markets ETF	2.4	95	-15	14.2	-0.7
FDEM	Fidelity Emerging Markets Multifactor ETF	2.4	25	55	14.3	-0.5
FLLA	Franklin FTSE Latin America ETF	2.4	19	61	14.3	-0.6
EPOL	iShares MSCI Poland ETF	2.4	59	21	13.3	-1.5
RAYE	Rayliant Quantamental Emerging Market ex-China Equity ETF	2.1	88	-8	11.1	-3.8
RNEM	First Trust Emerging Markets Equity Select ETF	2.1	75	5	1.1	-13.8
GVAL	Cambria Global Value ETF	2.1	68	12	12.2	-2.6
EFRA	iShares Environmental Infrastructure and Industrials ETF	2.1	47	33	4.7	-10.1
FRDM	Freedom 100 Emerging Markets ETF	2.1	49	31	10.0	-4.9
ECH	iShares MSCI Chile ETF	2.1	58	22	9.9	-5.0
EMGF	iShares Emerging Markets Equity Factor ETF	2.1	25	55	13.4	-1.5
VSS	Vanguard FTSE All-World ex-US Small-Cap ETF	2.0	7	73	7.6	-7.3
DFAE	Dimensional Emerging Core Equity Market ETF	2.0	35	45	11.0	-3.9
ROAM	Hartford Multifactor Emerging Markets ETF	1.9	44	36	12.2	-2.7
FNDE	Schwab Fundamental Emerging Markets Large Co. Index ETF	1.9	39	41	18.3	+3.5
VNQI	Vanguard Global ex-U.S. Real Estate ETF	1.9	12	68	8.0	-6.8
ERTH	Invesco MSCI Sustainable Future ETF	1.9	62	18	2.7	-12.2
HAUZ	DBX ETF Trust - Xtrackers International Real Estate ETF	1.8	10	70	7.9	-7.0
IEMG	iShares Core MSCI Emerging Markets ETF	1.7	9	71	11.8	-3.1
VWO	Vanguard FTSE Emerging Markets ETF	1.7	8	72	11.8	-3.1
SPEM	SPDR Portfolio Emerging Markets ETF	1.7	7	73	11.8	-3.1
SMIN	iShares MSCI India Small Cap ETF	1.7	79	1	3.6	-11.3
ICLN	iShares Global Clean Energy ETF	1.6	41	39	6.6	-8.2
FLBR	Franklin FTSE Brazil ETF	1.6	19	61	16.3	+1.5
EDOG	ALPS Emerging Sector Dividend Dogs ETF	1.6	60	20	11.9	-3.0
CGW	Invesco S&P Global Water Index ETF	1.6	57	23	5.1	-9.8
CXSE	WisdomTree China ex-State-Owned Enterprises Fund	1.5	32	48	19.4	+4.5
GXC	SPDR S&P China ETF	1.4	59	21	18.0	+3.2
RODE	Hartford Multifactor Diversified International ETF	1.4	29	51	10.6	-4.2
SCHE	Schwab Emerging Markets Equity ETF	1.3	11	69	12.5	-2.4
EELV	Invesco S&P Emerging Markets Low Volatility ETF	1.3	29	51	9.2	-5.7
FLCH	Franklin FTSE China ETF	1.2	19	61	18.7	+3.8
IWTR	iShares MSCI Water Management Multisector ETF	1.2	47	33	7.1	-7.7
XC	WisdomTree Emerging Markets Ex-China Fund	1.2	32	48	6.0	-8.9
FLMX	Franklin FTSE Mexico ETF	1.2	19	61	10.3	-4.6
PBD	Invesco Global Clean Energy ETF	1.2	75	5	0.5	-14.4
EMMF	WisdomTree Emerging Markets Multifactor Fund	1.2	48	32	8.4	-6.5
EWM	iShares MSCI Malaysia ETF	1.2	50	30	7.0	-7.9
GMF	SPDR S&P Emerging Asia Pacific ETF	1.2	49	31	10.9	-4.0
IPAV	Global X Infrastructure Development ex-U.S. ETF	1.1	55	25	4.9	-10.0
CGV	Conductor Global Equity Value ETF	1.1	130	-50	10.0	-4.8
AFK	VanEck Africa Index ETF	1.1	98	-18	14.3	-0.6
CQQQ	Invesco China Technology ETF	1.1	70	10	20.3	+5.4
FCA	First Trust China AlphaDEX Fund	1.1	80	0	12.3	-2.6
KEMQ	KraneShares Emerging Markets Consumer Technology Index ETF	1.1	60	20	14.7	-0.2
EMIF	iShares Emerging Markets Infrastructure ETF	1.0	60	20	8.2	-6.6
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	1.0	30	50	9.4	-5.5
JETS	U.S. Global Jets ETF	1.0	60	20	4.9	-10.0
FMQQ	FMQQ The Next Frontier Internet & Ecommerce ETF	1.0	86	-6	0.5	-14.4
CUT	Invesco MSCI Global Timber ETF	1.0	61	19	9.9	-4.9
EVLU	iShares MSCI Emerging Markets Value Factor ETF	0.9	35	45	23.4	+8.6
IGF	iShares Global Infrastructure ETF	0.9	41	39	5.2	-9.6
GII	SPDR S&P Global Infrastructure ETF	0.9	40	40	5.2	-9.6
FMET	Fidelity Metaverse ETF	0.9	39	41	5.8	-9.1
EV	Mast Global Battery Recycling & Production ETF	0.8	65	15	13.0	-1.9
AQWA	Global X Clean Water ETF	0.8	50	30	5.3	-9.6
GEM	Goldman Sachs ActiveBeta Emerging Markets Equity ETF	0.8	45	35	11.9	-3.0
HERO	Global X Video Games & Esports ETF	0.8	50	30	5.0	-9.8
XSOE	WisdomTree Emerging Markets ex-State-Owned Enterprises Fund	0.8	32	48	10.5	-4.4
PICK	iShares MSCI Global Metals & Mining Producers ETF	0.7	39	41	16.4	+1.5
GDXJ	VanEck Junior Gold Miners ETF	0.7	52	28	5.5	-9.4
BKEM	BNY Mellon Emerging Markets Equity ETF	0.7	11	69	12.9	-2.0
EPHE	iShares MSCI Philippines ETF	0.7	59	21	10.9	-4.0
WOOD	iShares Global Timber & Forestry ETF	0.7	42	38	10.4	-4.4
GSEE	Goldman Sachs MarketBeta Emerging Markets Equity ETF	0.7	36	44	12.1	-2.8
FLAX	Franklin FTSE Asia Ex Japan ETF	0.7	19	61	11.7	-3.2
CCNR	ALPS CoreCommodity Natural Resources ETF	0.6	39	41	12.6	-2.2
EMM	Global X Emerging Markets ex-China ETF	0.6	75	5	5.5	-9.4
KWEB	KraneShares CSI China Internet ETF	0.6	69	11	28.9	+14.0
NBCC	Neuberger Berman Next Generation Connected Consumer ETF	0.6	56	24	2.9	-12.0
DGIN	VanEck Digital India ETF	0.6	71	9	2.2	-12.7
INDF	Nifty India Financials ETF	0.6	75	5	6.8	-8.1
DEHP	Dimensional Emerging Markets High Profitability ETF	0.6	41	39	7.1	-7.7
VSGX	Vanguard ESG International Stock ETF	0.6	12	68	8.9	-6.0
IXUS	iShares Core MSCI Total International Stock ETF	0.5	7	73	9.0	-5.8
ESGE	iShares ESG Aware MSCI EM ETF	0.5	25	55	11.6	-3.3
GOEX	Global X Gold Explorers ETF	0.5	65	15	5.1	-9.8
SGDJ	Sprott Junior Gold Miners ETF	0.5	50	30	6.1	-8.7
RWX	SPDR Dow Jones International Real Estate ETF	0.5	59	21	6.1	-8.8
EEMO	Invesco S&P Emerging Markets Momentum ETF	0.5	29	51	6.7	-8.1
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	0.5	33	47	11.6	-3.3
EMQQ	EMQQ The Emerging Markets Internet & Ecommerce ETF	0.5	86	-6	15.2	+0.4
PXH	Invesco FTSE RAFI Emerging Markets ETF	0.5	49	31	18.0	+3.2
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	0.5	67	13	14.2	-0.7
FNDC	Schwab Fundamental International Small Co. Index ETF	0.5	39	41	6.8	-8.1
EMCR	Xtrackers Emerging Markets Carbon Reduction and Climate Impr	0.5	15	65	9.3	-5.6
EWT	iShares MSCI Taiwan ETF	0.5	58	22	7.6	-7.2
VXUS	Vanguard Total International Stock ETF	0.5	7	73	9.0	-5.8
MCH	Matthews China Active ETF	0.5	79	1	16.8	+1.9
VYMI	Vanguard International High Dividend Yield ETF	0.5	22	58	10.9	-4.0
CTEC	Global X CleanTech ETF	0.5	50	30	2.4	-12.5
GLIN	VanEck India Growth Leaders ETF	0.5	77	3	6.8	-8.1
ION	ProShares S&P Global Core Battery Metals ETF	0.4	58	22	12.9	-2.0
KTEC	KraneShares Hang Seng TECH Index ETF	0.4	69	11	21.8	+6.9
IBAT	iShares Energy Storage & Materials ETF	0.4	47	33	5.9	-9.0
HART	IQ Healthy Hearts ETF	0.4	45	35	7.1	-7.8
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	0.4	30	50	10.0	-4.9
IDRV	iShares Self-driving EV & Tech ETF	0.4	47	33	2.8	-12.0
PDN	Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF	0.4	49	31	8.0	-6.9
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastructure	0.4	58	22	6.1	-8.7
SMOG	VanEck Low Carbon Energy ETF	0.4	61	19	1.7	-13.2
FID	First Trust S&P International Dividend Aristocrats ETF	0.4	60	20	9.5	-5.4
WDIV	SPDR S&P Global Dividend ETF	0.4	40	40	10.2	-4.7
CGGO	Capital Group Global Growth Equity ETF	0.4	47	33	5.6	-9.3
ARGT	Global X MSCI Argentina ETF	0.4	59	21	4.7	-10.1
JHEM	John Hancock Multifactor Emerging Markets ETF	0.4	49	31	11.4	-3.5
FAN	First Trust Global Wind Energy ETF	0.4	60	20	5.7	-9.2
FRNW	Fidelity Clean Energy ETF	0.4	39	41	4.5	-10.4
RNRG	Global X Renewable Energy Producers ETF	0.4	66	14	6.4	-8.5
WNDY	Global X Wind Energy ETF	0.4	50	30	3.4	-11.5
LDEM	iShares ESG MSCI EM Leaders ETF	0.4	17	63	13.9	-1.0
BBEM	JPMorgan BetaBuilders Emerging Markets Equity ETF	0.4	15	65	11.6	-3.3
KEMX	KraneShares MSCI Emerging Markets EX China Index ETF	0.4	24	56	9.0	-5.8
ILF	iShares Latin America 40 ETF	0.4	48	32	14.4	-0.4
SDG	iShares MSCI Global Sustainable Development Goals ETF	0.4	49	31	6.4	-8.5
BJK	VanEck Gaming ETF	0.3	65	15	4.4	-10.5
PIO	Invesco Global Water ETF	0.3	75	5	5.4	-9.4
FLTW	Franklin FTSE Taiwan ETF	0.3	19	61	7.8	-7.1
ANEW	ProShares MSCI Transformational Changes ETF	0.3	45	35	7.8	-7.0
VEU	Vanguard FTSE All-World ex-US Index Fund	0.3	8	72	9.2	-5.7
EMXC	iShares MSCI Emerging Markets ex China ETF	0.3	25	55	8.6	-6.3
SCHC	Schwab International Small-Cap Equity ETF	0.3	11	69	7.7	-7.1
EEM	iShares MSCI Emerging Markets ETF	0.3	69	11	11.7	-3.2
EEMX	SPDR MSCI Emerging Markets Fossil Fuel Free ETF	0.3	30	50	11.5	-3.4
IPKW	Invesco International BuyBack Achievers ETF	0.3	55	25	17.3	+2.5
MCHI	iShares MSCI China ETF	0.3	59	21	19.4	+4.5
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	0.3	66	14	11.0	-3.9
FYLD	Cambria Foreign Shareholder Yield ETF	0.3	59	21	13.9	-1.0
GLOF	iShares Global Equity Factor ETF	0.3	20	60	7.7	-7.1
VEGI	iShares MSCI Agriculture Producers ETF	0.3	39	41	9.5	-5.4
EMXF	iShares ESG Advanced MSCI EM ETF	0.3	16	64	9.1	-5.8
EPI	WisdomTree India Earnings Fund	0.3	85	-5	5.0	-9.9
EEMV	iShares MSCI Emerging Markets Min Vol Factor ETF	0.2	25	55	6.8	-8.1
QLVE	FlexShares Emerging Markets Quality Low Volatility Index Fun	0.2	40	40	5.9	-9.0
DEW	WisdomTree Global High Dividend Fund	0.2	58	22	8.5	-6.4
EEMA	iShares MSCI Emerging Markets Asia ETF	0.2	49	31	11.6	-3.2
BKF	iShares MSCI BIC ETF	0.2	69	11	14.1	-0.8
GINN	Goldman Sachs Innovate Equity ETF	0.2	52	28	5.0	-9.9
AAXJ	iShares MSCI All Country Asia ex Japan ETF	0.2	70	10	10.7	-4.2
DGRE	WisdomTree Emerging Markets Quality Dividend Growth Fund	0.2	32	48	7.6	-7.3
SOCL	Global X Social Media ETF	0.2	65	15	14.4	-0.5
DNL	WisdomTree Global ex-US Quality Dividend Growth Fund	0.2	42	38	7.4	-7.5
VT	Vanguard Total World Stock ETF	0.2	7	73	7.1	-7.8
FTRI	First Trust Indxx Global Natural Resources Income ETF	0.2	70	10	9.6	-5.3
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	0.2	47	33	6.0	-8.9
FILL	iShares MSCI Global Energy Producers ETF	0.2	39	41	13.3	-1.5
DLS	WisdomTree International SmallCap Dividend Fund	0.2	58	22	9.7	-5.2
DFGR	Dimensional Global Real Estate ETF	0.2	22	58	3.4	-11.5
BATT	Amplify Lithium & Battery Technology ETF	0.2	59	21	4.4	-10.4
COPX	Global X Copper Miners ETF	0.2	65	15	10.7	-4.1
DMAT	Global X Disruptive Materials ETF	0.2	59	21	10.7	-4.2
CRIT	Optica Rare Earths & Critical Materials ETF Optica Rare Eart	0.2	85	-5	8.0	-6.9
ICOP	iShares Copper and Metals Mining ETF	0.2	47	33	11.9	-2.9
COPA	Themes Copper Miners ETF	0.2	35	45	10.9	-4.0
BLDG	Cambria Global Real Estate ETF	0.2	60	20	4.5	-10.4
EWZ	iShares MSCI Brazil ETF	0.2	58	22	14.6	-0.3
AVRE	Avantis Real Estate ETF	0.2	17	63	3.5	-11.3
SPGM	SPDR Portfolio MSCI Global Stock Market ETF	0.1	9	71	6.6	-8.2
RWO	SPDR Dow Jones Global Real Estate ETF	0.1	50	30	3.1	-11.8
EZA	iShares MSCI South Africa ETF	0.1	58	22	12.4	-2.5
GWX	SPDR S&P International Small Cap ETF	0.1	40	40	7.3	-7.5
TLTD	FlexShares Morningstar Developed Markets ex-US Factor Tilt	0.1	39	41	9.2	-5.7
GXUS	Goldman Sachs MarketBeta Total International Equity ETF	0.1	18	62	8.8	-6.0
GGME	Invesco Next Gen Media and Gaming ETF	0.1	60	20	5.7	-9.1
JSTC	Adasina Social Justice All Cap Global ETF	0.1	89	-9	5.0	-9.9
XCEM	Columbia EM Core ex-China ETF	0.1	16	64	9.2	-5.7
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	0.1	41	39	7.9	-7.0
IGRO	iShares International Dividend Growth ETF	0.1	15	65	7.8	-7.1
REET	iShares Global REIT ETF	0.1	14	66	3.6	-11.2
KALL	KraneShares MSCI All China Index ETF	0.1	49	31	16.4	+1.5
ACWX	iShares MSCI ACWI ex U.S. ETF	0.1	34	46	8.9	-6.0
MXI	iShares Global Materials ETF	0.1	41	39	9.0	-5.9
CRBN	iShares MSCI ACWI Low Carbon Target ETF	0.1	20	60	7.0	-7.9
DTH	WisdomTree International High Dividend Fund	0.1	58	22	9.9	-5.0
GUNR	FlexShares Morningstar Global Upstream Natural Resources Ind	0.1	46	34	11.7	-3.2
DISV	Dimensional International Small Cap Value ETF	0.1	42	38	10.7	-4.1
ISCF	iShares International SmallCap Equity Factor ETF	0.1	23	57	9.4	-5.5
DFIS	Dimensional International Small Cap ETF	0.1	39	41	8.6	-6.2
TOLZ	ProShares DJ Brookfield Global Infrastructure ETF	0.1	46	34	5.2	-9.7
SPEU	SPDR Portfolio Europe ETF	0.0	7	73	8.1	-6.8
VGK	Vanguard FTSE Europe ETF	0.0	11	69	8.1	-6.7
SCZ	iShares MSCI EAFE Small-Cap ETF	0.0	40	40	8.1	-6.8
CWI	SPDR MSCI ACWI ex-US ETF	0.0	30	50	8.9	-5.9
NZAC	SPDR MSCI ACWI Climate Paris Aligned ETF	0.0	12	68	5.7	-9.2
VEA	Vanguard FTSE Developed Markets ETF	0.0	5	75	8.2	-6.6
FNDF	Schwab Fundamental International Large Co. Index ETF	0.0	25	55	11.1	-3.8
ACWI	iShares MSCI ACWI ETF	0.0	32	48	6.8	-8.1
DDWM	WisdomTree Dynamic Currency Hedged International Equity Fund	0.0	40	40	8.3	-6.6
DWM	WisdomTree International Equity Fund	0.0	48	32	8.4	-6.5
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equity ETF	0.0	39	41	7.5	-7.4
DFSI	Dimensional International Sustainability Core 1 ETF	0.0	24	56	7.2	-7.7
DFIC	Dimensional International Core Equity 2 ETF	0.0	23	57	8.7	-6.2
IPAC	iShares Core MSCI Pacific ETF	0.0	9	71	7.9	-7.0
VPL	Vanguard FTSE Pacific ETF	0.0	8	72	8.4	-6.4
BKIE	BNY Mellon International Equity ETF	0.0	4	76	8.0	-6.8
GSID	Goldman Sachs MarketBeta International Equity ETF	0.0	20	60	7.8	-7.1
DFAI	Dimensional International Core Equity Market ETF	0.0	18	62	8.3	-6.6
SPDW	SPDR Portfolio Developed World ex-US ETF	0.0	3	77	8.2	-6.7
IDEV	iShares Core MSCI International Developed Markets ETF	0.0	4	76	8.0	-6.8
IEFA	iShares Core MSCI EAFE ETF	0.0	7	73	8.1	-6.8
AVDE	Avantis International Equity ETF	0.0	23	57	8.8	-6.1
AVSD	Avantis Responsible International Equity ETF	0.0	23	57	7.5	-7.4

¹Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

	2020	2021	2022	2023	2024	2025E	2026E
Sales per share	**	**	**	**	**	**	**
Earnings per share	**	**	**	**	**	**	**
Dividends per share	**	**	**	**	**	**	**
Book value per share	**	**	**	**	**	**	**

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Sales per share growth		**%	**%	**%	**%	**%	**%
EPS growth		**%	**%	**%	**%	**%	**%

Long term EPS growth est.	**%		Debt-to-equity	**x
Asset turnover	**%		Assets-to-equity	**x

	2024	2025E	2026E
Price-to-sales	**	**	**
Price-to-earnings	**	**	**
Price-to-cash flow	**	**	**
Price-to-growth	**	**	**
Price-to-book value	**	**	**
Yield	**	**	**

Forward multiple:	First Trust Emerging Markets Small Cap AlphaDEX Fund
Relative to:	S&P500	MSCI EAFE	MSCI Emg. Mkts.	Other ETF:

	Custom date range	Compare to
	thru

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