APIE vs. AVDE ETF Comparison

Comparison of Trust for Professional Managers ActivePassive International Equity ETF (APIE) to Avantis International Equity ETF (AVDE)

APIE

Trust for Professional Managers ActivePassive International Equity ETF

APIE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.

Grade (RS Rating)

Last Trade

$28.80

Average Daily Volume

47,382

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

AVDE

Avantis International Equity ETF

AVDE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. It may invest in companies of all market capitalizations. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities. It also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$63.00

Average Daily Volume

264,924

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	APIE	AVDE
30 Days	-4.19%	-2.96%
60 Days	-3.36%	-4.49%
90 Days	-3.32%	-4.70%
12 Months	11.90%	11.08%

63 Overlapping Holdings

Symbol	Grade	Weight in APIE	Weight in AVDE	Overlap
ABBV	F	0.37%	0.12%	0.12%
ARGX	B	0.1%	0.05%	0.05%
ASML	F	1.22%	0.6%	0.6%
AZN	F	1.25%	0.44%	0.44%
BBVA	D	0.49%	0.27%	0.27%
BCS	A	0.81%	0.37%	0.37%
BHP	F	0.75%	0.47%	0.47%
BP	D	0.69%	0.47%	0.47%
BUD	F	0.65%	0.12%	0.12%
CHKP	C	0.31%	0.07%	0.07%
CLLS	F	0.01%	0.0%	0.0%
CUK	A	0.12%	0.03%	0.03%
DEO	F	0.72%	0.21%	0.21%
DOOO	F	0.13%	0.02%	0.02%
E	F	0.31%	0.15%	0.15%
EQNR	C	0.19%	0.08%	0.08%
ERIC	C	0.34%	0.09%	0.09%
FMS	A	0.19%	0.01%	0.01%
FUTU	D	0.08%	0.01%	0.01%
GLPG	F	0.2%	0.01%	0.01%
GMAB	F	0.05%	0.06%	0.05%
GSK	F	0.66%	0.35%	0.35%
HLN	C	0.29%	0.12%	0.12%
HMC	F	0.53%	0.19%	0.19%
HSBC	A	1.18%	0.6%	0.6%
ING	F	0.46%	0.31%	0.31%
IPHA	D	0.01%	0.0%	0.0%
IX	F	0.66%	0.16%	0.16%
LOGI	D	0.25%	0.11%	0.11%
LYG	D	0.44%	0.26%	0.26%
MFG	A	0.41%	0.19%	0.19%
MT	B	0.35%	0.12%	0.12%
MUFG	B	0.58%	0.37%	0.37%
NGG	D	0.52%	0.17%	0.17%
NICE	D	0.08%	0.01%	0.01%
NNDM	D	0.06%	0.0%	0.0%
NOK	D	0.32%	0.09%	0.09%
NVO	F	1.45%	1.41%	1.41%
NVS	F	1.33%	0.8%	0.8%
NWG	A	0.43%	0.18%	0.18%
ORAN	F	0.0%	0.2%	0.0%
PHG	C	0.46%	0.11%	0.11%
PSO	B	0.33%	0.01%	0.01%
RELX	D	1.54%	0.32%	0.32%
RIO	D	0.68%	0.29%	0.29%
SAN	D	0.53%	0.28%	0.28%
SAP	B	1.98%	0.34%	0.34%
SE	A	0.15%	0.05%	0.05%
SMFG	B	0.59%	0.31%	0.31%
SNN	D	0.26%	0.06%	0.06%
SNY	F	0.72%	0.3%	0.3%
STM	F	0.04%	0.22%	0.04%
SW	A	0.08%	0.11%	0.08%
TAK	D	0.79%	0.07%	0.07%
TEF	C	0.37%	0.11%	0.11%
TEVA	C	0.14%	0.06%	0.06%
TM	F	1.2%	0.6%	0.6%
TS	B	0.08%	0.01%	0.01%
TTE	F	0.6%	0.61%	0.6%
UL	D	1.28%	0.29%	0.29%
VOD	F	0.3%	0.15%	0.15%
WDS	D	0.08%	0.02%	0.02%
WPP	C	0.15%	0.02%	0.02%

APIE Overweight 149 Positions Relative to AVDE

Symbol	Grade	Weight
TSM	B	5.96%
BABA	D	1.19%
HDB	C	0.96%
BTI	B	0.92%
INFY	C	0.53%
IBN	C	0.51%
PDD	F	0.5%
IHG	A	0.39%
JD	D	0.38%
AON	A	0.34%
ACN	B	0.31%
NMR	B	0.3%
TCOM	B	0.29%
SKM	C	0.29%
SHG	C	0.28%
RDY	F	0.27%
RTO	C	0.26%
KT	A	0.25%
VALE	F	0.23%
KB	B	0.22%
JHX	D	0.21%
PBR	D	0.17%
ITUB	F	0.16%
ASX	D	0.16%
WIT	B	0.14%
UMC	F	0.13%
ERJ	A	0.13%
ABEV	F	0.12%
CRTO	D	0.12%
NTES	D	0.12%
WF	C	0.12%
FINV	B	0.11%
BBD	D	0.1%
ZTO	F	0.1%
BGNE	D	0.1%
SBS	B	0.09%
PKX	D	0.09%
GRFS	C	0.08%
CHT	C	0.08%
LI	F	0.08%
CIG	C	0.08%
GFI	D	0.07%
QFIN	A	0.07%
CIB	B	0.07%
CCU	D	0.06%
PAC	B	0.06%
AKO.A	F	0.06%
KOF	F	0.06%
ASR	D	0.06%
VIPS	F	0.06%
HMY	D	0.06%
YY	B	0.06%
BEKE	D	0.06%
BCH	C	0.06%
GGAL	B	0.05%
ARM	F	0.05%
MTLS	A	0.05%
SOHU	F	0.05%
XPEV	C	0.05%
PAM	A	0.05%
FMX	F	0.05%
GOLD	C	0.05%
CX	F	0.05%
BNTX	C	0.05%
AKO.A	F	0.05%
BIDU	F	0.05%
HTHT	D	0.04%
DRD	D	0.04%
YMM	C	0.04%
TKC	B	0.04%
OPRA	B	0.04%
BWAY	B	0.04%
TME	D	0.04%
PHI	D	0.04%
IMOS	F	0.04%
ATHM	C	0.03%
IMMP	F	0.03%
BLTE	B	0.03%
VLRS	B	0.03%
TLK	D	0.03%
CRESY	B	0.03%
BILI	D	0.03%
EBR	F	0.03%
YPF	B	0.03%
TX	F	0.03%
GGB	C	0.03%
OMAB	D	0.03%
VIST	B	0.03%
NIO	F	0.03%
DAVA	C	0.03%
MREO	F	0.02%
BMA	C	0.02%
ELP	F	0.02%
ZLAB	C	0.02%
GNFT	F	0.02%
LPL	D	0.02%
BZ	F	0.02%
ATAT	C	0.02%
ASAI	F	0.02%
UGP	F	0.02%
SUPV	B	0.02%
ASND	F	0.02%
HIMX	F	0.02%
GDS	C	0.02%
BRFS	C	0.02%
XYF	D	0.02%
SUZ	B	0.02%
MOMO	D	0.02%
MYTE	B	0.02%
TAL	F	0.02%
CANG	B	0.02%
ENIC	B	0.02%
EDAP	F	0.01%
JMIA	F	0.01%
YALA	D	0.01%
DOYU	C	0.01%
MNSO	D	0.01%
BZUN	F	0.01%
DAO	B	0.01%
CEPU	B	0.01%
HUYA	F	0.01%
JKS	F	0.01%
LEGN	D	0.01%
TV	F	0.01%
GRVY	C	0.01%
RERE	C	0.01%
OTLY	F	0.01%
JFIN	F	0.01%
TEO	B	0.01%
BVN	D	0.01%
SQM	D	0.01%
VIV	F	0.01%
ADAP	F	0.0%
EVO	C	0.0%
HCM	D	0.0%
SSL	F	0.0%
CNF	F	0.0%
HEPS	C	0.0%
IQ	F	0.0%
AZUL	F	0.0%
DADA	F	0.0%
RLX	C	0.0%
TOUR	D	0.0%
SIMO	D	0.0%
YRD	F	0.0%
DDL	C	0.0%
EH	D	0.0%
SBSW	D	0.0%
KC	B	0.0%

APIE Underweight 51 Positions Relative to AVDE

Symbol	Grade	Weight
TD	D	-0.26%
CNI	F	-0.26%
AER	A	-0.18%
WFG	C	-0.16%
SHOP	B	-0.15%
ZIM	C	-0.11%
AGCO	D	-0.11%
STLA	F	-0.1%
CCEP	C	-0.09%
RBA	A	-0.08%
CHRD	D	-0.05%
TAC	A	-0.03%
QGEN	D	-0.03%
OTEX	F	-0.03%
GLNG	C	-0.03%
GRAB	A	-0.02%
TRMD	F	-0.02%
BUR	C	-0.02%
PRMW	C	-0.02%
XRX	F	-0.02%
MBAVU	C	-0.01%
KRNT	B	-0.01%
GLBE	B	-0.01%
AEI	D	-0.01%
ICLR	D	-0.01%
PDS	C	-0.01%
WIX	A	-0.01%
CYBR	A	-0.01%
FRO	D	-0.01%
IAUX	F	-0.0%
UBCP	D	-0.0%
CSTE	F	-0.0%
QIPT	F	-0.0%
GEN	B	-0.0%
PIXY	F	-0.0%
RENB	F	-0.0%
LSPD	C	-0.0%
CLF	F	-0.0%
ORLA	C	-0.0%
SSBI	D	-0.0%
VGR	B	-0.0%
MLCO	F	-0.0%
ITRN	B	-0.0%
ELBM	D	-0.0%
CSTM	F	-0.0%
SPNS	F	-0.0%
ASTL	B	-0.0%
VMAR	F	-0.0%
FLNG	C	-0.0%
MNDY	C	-0.0%
TCI	D	-0.0%