First Trust Switzerland AlphaDEX Fund (NYSEArca: FSZ)
Local Market YTD: 21.1%
ETF YTD: 24.7%
Comment: The First Trust AlphaDEX ETF follows a smart-beta, or enhanced, indexing methodology that screens for growth factors like sales to price and 1-year sales growth, along with value factors, like book value to price, cash flow to price and return on assets. The market-cap weighted iShares MSCI Switzerland Capped ETF (NYSEArca: EWL) has gained 22.0%.