APIE vs. CVIE ETF Comparison

Comparison of Trust for Professional Managers ActivePassive International Equity ETF (APIE) to Calvert International Responsible Index ETF (CVIE)

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

$28.98

Average Daily Volume

48,340

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

CVIE

Calvert International Responsible Index ETF

CVIE Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of large companies in developed markets, excluding the U.S., that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$56.67

Average Daily Volume

10,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	APIE	CVIE
30 Days	-2.88%	-1.63%
60 Days	-2.78%	-4.44%
90 Days	-2.72%	-4.52%
12 Months	12.60%	12.79%

19 Overlapping Holdings

Symbol	Grade	Weight in APIE	Weight in CVIE	Overlap
ABBV	D	0.37%	0.47%	0.37%
BNTX	D	0.05%	0.04%	0.04%
CHKP	D	0.31%	0.14%	0.14%
CHT	D	0.08%	0.07%	0.07%
DEO	F	0.72%	0.41%	0.41%
KB	B	0.22%	0.13%	0.13%
LOGI	D	0.25%	0.05%	0.05%
LYG	F	0.44%	0.27%	0.27%
MFG	B	0.41%	0.34%	0.34%
MUFG	B	0.58%	0.72%	0.58%
NICE	C	0.08%	0.08%	0.08%
NMR	B	0.3%	0.14%	0.14%
NVS	D	1.33%	0.98%	0.98%
SE	B	0.15%	0.15%	0.15%
SHG	D	0.28%	0.11%	0.11%
SMFG	B	0.59%	0.52%	0.52%
TM	D	1.2%	1.13%	1.13%
UL	D	1.28%	0.76%	0.76%
UMC	F	0.13%	0.12%	0.12%

APIE Overweight 193 Positions Relative to CVIE

Symbol	Grade	Weight
TSM	B	5.96%
SAP	B	1.98%
RELX	C	1.54%
NVO	D	1.45%
AZN	D	1.25%
ASML	F	1.22%
BABA	D	1.19%
HSBC	B	1.18%
HDB	C	0.96%
BTI	B	0.92%
BCS	C	0.81%
TAK	F	0.79%
BHP	F	0.75%
SNY	F	0.72%
BP	D	0.69%
RIO	D	0.68%
IX	F	0.66%
GSK	F	0.66%
BUD	F	0.65%
TTE	F	0.6%
SAN	F	0.53%
HMC	F	0.53%
INFY	B	0.53%
NGG	D	0.52%
IBN	C	0.51%
PDD	F	0.5%
BBVA	F	0.49%
ING	F	0.46%
PHG	D	0.46%
NWG	C	0.43%
IHG	A	0.39%
JD	D	0.38%
TEF	D	0.37%
MT	B	0.35%
ERIC	B	0.34%
AON	A	0.34%
PSO	B	0.33%
NOK	D	0.32%
E	F	0.31%
ACN	C	0.31%
VOD	F	0.3%
HLN	D	0.29%
TCOM	B	0.29%
SKM	D	0.29%
RDY	F	0.27%
SNN	D	0.26%
RTO	C	0.26%
KT	A	0.25%
VALE	F	0.23%
JHX	C	0.21%
GLPG	D	0.2%
FMS	A	0.19%
EQNR	D	0.19%
PBR	C	0.17%
ITUB	F	0.16%
ASX	D	0.16%
WPP	B	0.15%
WIT	A	0.14%
TEVA	D	0.14%
DOOO	F	0.13%
ERJ	B	0.13%
ABEV	F	0.12%
CRTO	C	0.12%
NTES	D	0.12%
CUK	B	0.12%
WF	C	0.12%
FINV	B	0.11%
BBD	D	0.1%
ARGX	A	0.1%
ZTO	F	0.1%
BGNE	D	0.1%
SBS	B	0.09%
PKX	F	0.09%
GRFS	C	0.08%
WDS	D	0.08%
TS	B	0.08%
SW	A	0.08%
FUTU	D	0.08%
LI	F	0.08%
CIG	C	0.08%
GFI	D	0.07%
QFIN	B	0.07%
CIB	B	0.07%
CCU	D	0.06%
NNDM	F	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	C	0.06%
BEKE	D	0.06%
BCH	F	0.06%
GGAL	C	0.05%
ARM	D	0.05%
MTLS	B	0.05%
SOHU	F	0.05%
XPEV	C	0.05%
PAM	A	0.05%
FMX	F	0.05%
GOLD	D	0.05%
CX	D	0.05%
GMAB	F	0.05%
AKO.A	F	0.05%
BIDU	F	0.05%
HTHT	D	0.04%
DRD	D	0.04%
YMM	C	0.04%
TKC	C	0.04%
OPRA	A	0.04%
BWAY	B	0.04%
TME	D	0.04%
STM	F	0.04%
PHI	D	0.04%
IMOS	F	0.04%
ATHM	D	0.03%
IMMP	F	0.03%
BLTE	C	0.03%
VLRS	C	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	A	0.03%
NIO	F	0.03%
DAVA	C	0.03%
MREO	F	0.02%
BMA	B	0.02%
ELP	F	0.02%
ZLAB	C	0.02%
GNFT	F	0.02%
LPL	F	0.02%
BZ	F	0.02%
ATAT	C	0.02%
ASAI	F	0.02%
UGP	F	0.02%
SUPV	B	0.02%
ASND	D	0.02%
HIMX	F	0.02%
GDS	C	0.02%
BRFS	D	0.02%
XYF	D	0.02%
SUZ	C	0.02%
MOMO	D	0.02%
MYTE	B	0.02%
TAL	F	0.02%
CANG	B	0.02%
ENIC	D	0.02%
EDAP	F	0.01%
JMIA	F	0.01%
YALA	D	0.01%
DOYU	C	0.01%
MNSO	F	0.01%
BZUN	F	0.01%
DAO	B	0.01%
CEPU	B	0.01%
HUYA	F	0.01%
CLLS	F	0.01%
JKS	F	0.01%
LEGN	F	0.01%
TV	F	0.01%
GRVY	C	0.01%
RERE	B	0.01%
OTLY	F	0.01%
JFIN	F	0.01%
TEO	B	0.01%
BVN	F	0.01%
IPHA	F	0.01%
SQM	F	0.01%
VIV	F	0.01%
ADAP	F	0.0%
EVO	D	0.0%
HCM	D	0.0%
SSL	F	0.0%
CNF	F	0.0%
ORAN	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	F	0.0%
SBSW	D	0.0%
KC	A	0.0%

APIE Underweight 26 Positions Relative to CVIE

Symbol	Grade	Weight
HSBH	B	-0.9%
SHOP	B	-0.79%
SONY	B	-0.66%
TD	F	-0.53%
CB	C	-0.47%
CNI	D	-0.44%
WCN	A	-0.34%
SPOT	B	-0.31%
NXPI	D	-0.27%
GRMN	B	-0.15%
CCEP	C	-0.13%
STLA	F	-0.12%
ICLR	D	-0.12%
CYBR	B	-0.11%
RBA	A	-0.11%
FLEX	A	-0.1%
AGCO	D	-0.1%
MNDY	C	-0.08%
AER	B	-0.08%
ONON	A	-0.07%
WIX	B	-0.07%
XRX	F	-0.06%
QGEN	D	-0.05%
WFG	D	-0.05%
GRAB	B	-0.04%
OTEX	D	-0.03%