AADR vs. EMQQ ETF Comparison

Comparison of WCM BNY Mellon Focused Growth ADR ETF (AADR) to Emerging Markets Internet and Ecommerce ETF (The) (EMQQ)

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$67.45

Average Daily Volume

894

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMQQ

Emerging Markets Internet and Ecommerce ETF (The)

EMQQ Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of EMQQ The Emerging Markets Internet & Ecommerce IndexTM (the "Index"). The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of an investable universe of publicly-traded, emerging market internet and ecommerce companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.13

Average Daily Volume

63,570

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AADR	EMQQ
30 Days	2.78%	-3.91%
60 Days	6.23%	4.21%
90 Days	8.46%	6.97%
12 Months	30.70%	21.69%

5 Overlapping Holdings

Symbol	Grade	Weight in AADR	Weight in EMQQ	Overlap
FUTU	D	1.79%	0.56%	0.56%
MELI	C	2.68%	7.94%	2.68%
QFIN	A	3.05%	0.32%	0.32%
SE	A	2.63%	6.9%	2.63%
TCOM	B	1.74%	2.49%	1.74%

AADR Overweight 21 Positions Relative to EMQQ

Symbol	Grade	Weight
YPF	B	6.36%
GGAL	B	5.56%
NVO	F	4.85%
BMA	C	4.69%
ERJ	A	4.36%
PAM	A	3.96%
ABBV	F	3.64%
MUFG	B	3.6%
SAP	B	3.04%
VRNA	B	2.9%
BCS	A	2.74%
RELX	D	2.72%
BBVA	D	2.68%
ERIC	C	2.58%
SMFG	B	2.54%
HMY	D	2.49%
TSM	B	2.36%
ING	F	2.13%
TEVA	C	2.13%
CHKP	C	2.09%
NVS	F	2.03%

AADR Underweight 20 Positions Relative to EMQQ

Symbol	Grade	Weight
BABA	D	-6.86%
NU	C	-5.85%
PDD	F	-4.36%
CPNG	D	-3.75%
BIDU	F	-1.73%
GRAB	A	-1.34%
BEKE	D	-0.99%
MMYT	B	-0.82%
XP	F	-0.76%
TME	D	-0.67%
YMM	C	-0.5%
BILI	D	-0.42%
FRSH	B	-0.35%
VIPS	F	-0.34%
STNE	F	-0.33%
BZ	F	-0.32%
PAGS	F	-0.2%
DESP	B	-0.11%
MOMO	D	-0.07%
IQ	F	-0.07%