APIE vs. AVSE ETF Comparison

Comparison of Trust for Professional Managers ActivePassive International Equity ETF (APIE) to Avantis Responsible Emerging Markets Equity ETF (AVSE)

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

$29.47

Average Daily Volume

43,794

Number of Holdings ^*

187

* may have additional holdings in another (foreign) market

AVSE

Avantis Responsible Emerging Markets Equity ETF

AVSE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of companies related to emerging markets across market sectors, industry groups and countries. The fund may invest in companies of all market capitalizations. The portfolio management team limits its investable universe of companies by screening out those that raise concerns based on the team?s evaluation of multiple ESG metrics.

Grade (RS Rating)

Last Trade

$53.64

Average Daily Volume

2,446

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	APIE	AVSE
30 Days	-3.89%	-5.07%
60 Days	-1.29%	1.95%
90 Days	5.83%	6.29%
12 Months	22.41%	24.11%

58 Overlapping Holdings

Symbol	Grade	Weight in APIE	Weight in AVSE	Overlap
ABEV	F	0.06%	0.08%	0.06%
AKO.A	F	0.06%	0.04%	0.04%
AKO.A	F	0.07%	0.04%	0.04%
ASAI	F	0.01%	0.03%	0.01%
ASAI	F	0.01%	0.08%	0.01%
ASR	F	0.09%	0.07%	0.07%
ASX	C	0.21%	0.23%	0.21%
ATHM	D	0.0%	0.06%	0.0%
BABA	B	1.2%	1.85%	1.2%
BBD	F	0.07%	0.17%	0.07%
BCH	D	0.0%	0.09%	0.0%
BEKE	A	0.07%	0.17%	0.07%
BGNE	C	0.1%	0.05%	0.05%
BGNE	C	0.1%	0.04%	0.04%
BIDU	F	0.06%	0.05%	0.05%
BRFS	C	0.03%	0.05%	0.03%
CANG	A	0.01%	0.0%	0.0%
CCU	D	0.04%	0.02%	0.02%
CIB	D	0.15%	0.03%	0.03%
CIG	D	0.09%	0.11%	0.09%
DAO	A	0.02%	0.0%	0.0%
FMX	F	0.05%	0.1%	0.05%
GFI	B	0.07%	0.21%	0.07%
HDB	B	0.78%	0.55%	0.55%
IBN	A	0.41%	0.46%	0.41%
IMOS	F	0.05%	0.03%	0.03%
INFY	D	0.5%	0.73%	0.5%
IQ	C	0.0%	0.07%	0.0%
ITUB	F	0.23%	0.34%	0.23%
KB	B	0.24%	0.51%	0.24%
KT	A	0.31%	0.05%	0.05%
LI	C	0.09%	0.36%	0.09%
MNSO	A	0.01%	0.06%	0.01%
MOMO	A	0.02%	0.04%	0.02%
NIO	D	0.04%	0.03%	0.03%
NTES	F	0.11%	0.5%	0.11%
OMAB	F	0.01%	0.09%	0.01%
PAC	D	0.03%	0.15%	0.03%
PDD	C	0.58%	0.74%	0.58%
PHI	F	0.07%	0.03%	0.03%
QFIN	B	0.12%	0.1%	0.1%
RDY	D	0.36%	0.09%	0.09%
SBS	F	0.09%	0.1%	0.09%
SHG	D	0.28%	0.38%	0.28%
SKM	D	0.44%	0.07%	0.07%
SOHU	D	0.02%	0.03%	0.02%
TAL	B	0.02%	0.0%	0.0%
TCOM	A	0.33%	0.25%	0.25%
TKC	F	0.04%	0.05%	0.04%
TME	D	0.04%	0.08%	0.04%
TSM	B	5.86%	6.05%	5.86%
UMC	F	0.18%	0.25%	0.18%
VIPS	F	0.11%	0.23%	0.11%
VIV	F	0.02%	0.06%	0.02%
WIT	B	0.03%	0.06%	0.03%
XPEV	B	0.03%	0.01%	0.01%
YY	D	0.1%	0.04%	0.04%
ZTO	C	0.19%	0.23%	0.19%

APIE Overweight 131 Positions Relative to AVSE

Symbol	Grade	Weight
SAP	B	2.06%
RELX	C	1.99%
NVO	F	1.45%
NVS	D	1.39%
AZN	F	1.3%
UL	D	1.3%
TM	D	1.25%
HSBC	A	1.2%
ASML	F	1.16%
BTI	C	0.84%
HMC	F	0.82%
SNY	D	0.77%
BHP	C	0.77%
TAK	C	0.76%
BCS	B	0.74%
DEO	F	0.73%
RIO	B	0.71%
ORAN	D	0.71%
BUD	D	0.68%
GSK	F	0.68%
IX	F	0.66%
BP	F	0.64%
SAN	A	0.64%
BBVA	B	0.59%
TTE	F	0.56%
SMFG	B	0.53%
PHG	D	0.51%
NGG	D	0.51%
ING	C	0.47%
JD	A	0.46%
MUFG	A	0.44%
LYG	D	0.42%
NWG	A	0.39%
TEF	D	0.38%
NOK	B	0.37%
NMR	D	0.36%
IHG	B	0.35%
MFG	A	0.34%
ERIC	A	0.34%
MT	B	0.33%
VOD	D	0.32%
LOGI	D	0.31%
AON	A	0.31%
E	D	0.3%
PSO	A	0.3%
HLN	D	0.29%
ACN	C	0.29%
VALE	F	0.26%
SNN	F	0.26%
RTO	D	0.25%
ABBV	A	0.25%
CHKP	F	0.24%
FMS	D	0.23%
JHX	F	0.22%
EQNR	F	0.19%
WF	D	0.18%
GLPG	F	0.18%
FINV	B	0.17%
TEVA	A	0.15%
WPP	A	0.15%
PBR	F	0.15%
CUK	A	0.14%
ERJ	C	0.13%
DOOO	F	0.13%
SE	B	0.13%
CRTO	F	0.12%
KOF	F	0.1%
FUTU	A	0.09%
SW	A	0.09%
WDS	F	0.08%
ARGX	A	0.08%
MYTE	B	0.08%
HMY	B	0.08%
TS	A	0.07%
TX	F	0.07%
BNTX	B	0.06%
PKX	F	0.06%
NNDM	D	0.06%
STM	F	0.06%
CX	F	0.06%
GRFS	B	0.06%
UGP	F	0.05%
GMAB	F	0.05%
GOLD	C	0.04%
JMIA	F	0.04%
ARM	B	0.04%
MTLS	A	0.04%
OPRA	A	0.04%
PAM	B	0.04%
BWAY	A	0.04%
NICE	C	0.04%
DRD	B	0.04%
VIST	B	0.03%
DAVA	F	0.03%
YMM	B	0.03%
ENIC	C	0.03%
GGAL	B	0.03%
GNFT	A	0.02%
SIMO	F	0.02%
ASND	F	0.02%
OTLY	F	0.02%
JFIN	C	0.02%
BLTE	A	0.02%
HIMX	D	0.02%
XYF	B	0.02%
IMMP	F	0.02%
HCM	C	0.02%
MREO	D	0.02%
EDAP	F	0.01%
BMA	B	0.01%
CRESY	B	0.01%
RERE	C	0.01%
CLLS	F	0.01%
BVN	D	0.01%
IPHA	D	0.01%
YALA	F	0.01%
SUPV	A	0.01%
GHG	A	0.0%
ADAP	F	0.0%
EVO	C	0.0%
VRNA	A	0.0%
CNF	D	0.0%
SSL	F	0.0%
GGB	F	0.0%
BZUN	B	0.0%
KC	B	0.0%
YRD	B	0.0%
DDL	A	0.0%
GDS	B	0.0%
JKS	A	0.0%
DADA	C	0.0%

APIE Underweight 34 Positions Relative to AVSE

Symbol	Grade	Weight
YUMC	A	-0.36%
CPNG	B	-0.28%
HTHT	B	-0.26%
BAP	B	-0.18%
SUZ	C	-0.14%
TLK	F	-0.14%
STNE	F	-0.13%
LPL	F	-0.09%
CAR	C	-0.08%
EBR	F	-0.08%
SBSW	B	-0.08%
CHT	D	-0.06%
ELP	F	-0.05%
TV	B	-0.05%
SCCO	B	-0.05%
IFS	A	-0.04%
BSAC	D	-0.04%
NOAH	B	-0.03%
WB	B	-0.03%
GRIN	A	-0.03%
PAGS	F	-0.03%
SGRP	B	-0.03%
SQM	D	-0.03%
BSBR	F	-0.02%
LX	B	-0.02%
PDSB	F	-0.01%
BZ	C	-0.01%
VNET	B	-0.01%
NIU	B	-0.0%
TIGR	B	-0.0%
BILI	A	-0.0%
TUYA	D	-0.0%
API	B	-0.0%
CAAS	A	-0.0%