AADR vs. FMQQ ETF Comparison

Comparison of WCM BNY Mellon Focused Growth ADR ETF (AADR) to FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ)

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

$63.83

Average Daily Volume

1,189

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMQQ

FMQQ The Next Frontier Internet & Ecommerce ETF

FMQQ Description

FMQQ The Next Frontier Internet & Ecommerce ETF is an exchange traded fund launched and managed by Exchange Traded Concepts, LLC. The fund invests in the public equity markets of emerging countries across the globe. It invests in the stocks of companies operating in the internet and ecommerce companies. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the FMQQ The Next Frontier Internet & Ecommerce Index, by using full replication technique. FMQQ The Next Frontier Internet & Ecommerce ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$12.27

Average Daily Volume

8,363

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AADR	FMQQ
30 Days	3.28%	1.32%
60 Days	6.64%	2.05%
90 Days	12.15%	6.49%
12 Months	35.60%	11.11%

1 Overlapping Holdings

	Symbol	Grade	Weight in AADR	Weight in FMQQ	Overlap
	MELI	B	2.59%	5.81%	2.59%

AADR Overweight 27 Positions Relative to FMQQ

Symbol	Grade	Weight
NVO	D	6.3%
YPF	A	5.18%
BMA	B	3.86%
GGAL	B	3.64%
ABBV	D	3.53%
MUFG	D	3.26%
BBVA	B	3.19%
ERJ	B	3.1%
RELX	C	2.79%
PAM	B	2.78%
CX	D	2.71%
SAP	C	2.66%
TNP	A	2.61%
HMY	B	2.61%
ASX	D	2.59%
KOF	B	2.56%
FMX	D	2.48%
PBR	A	2.45%
ING	A	2.39%
NXPI	A	2.35%
NMR	D	2.29%
SMFG	D	2.13%
LOGI	D	2.11%
VIPS	D	1.77%
E	C	1.71%
VIV	F	1.58%
ELP	D	0.83%

AADR Underweight 15 Positions Relative to FMQQ

Symbol	Grade	Weight
SE	B	-8.69%
NU	C	-7.23%
CPNG	B	-6.15%
XP	D	-2.78%
GRAB	B	-2.68%
MMYT	B	-1.64%
STNE	C	-1.56%
PAGS	D	-0.99%
FRSH	F	-0.9%
DLO	F	-0.42%
DESP	B	-0.27%
JMIA	C	-0.19%
YALA	F	-0.17%
AFYA	D	-0.16%
VTEX	D	-0.15%