APIE vs. FENI ETF Comparison

Comparison of Trust for Professional Managers ActivePassive International Equity ETF (APIE) to Fidelity Enhanced International ETF (FENI)

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

$28.72

Average Daily Volume

47,382

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

FENI

Fidelity Enhanced International ETF

FENI Description

The fund will normally invest at least 80% of assets in common stocks included in the MSCI EAFE Index, which is a market capitalization-weighted index that is designed to measure the investable equity market performance for global investors in developed markets, excluding the U.S. & Canada. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index.

Grade (RS Rating)

Last Trade

$27.92

Average Daily Volume

173,928

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	APIE	FENI
30 Days	-4.19%	-4.05%
60 Days	-3.36%	-5.67%
90 Days	-3.32%	-6.17%
12 Months	11.90%	13.11%

26 Overlapping Holdings

Symbol	Grade	Weight in APIE	Weight in FENI	Overlap
ABBV	F	0.37%	0.79%	0.37%
ABBV	F	0.37%	0.28%	0.28%
AZN	F	1.25%	0.08%	0.08%
BBVA	D	0.49%	0.14%	0.14%
BCS	A	0.81%	0.12%	0.12%
BTI	B	0.92%	0.76%	0.76%
GMAB	F	0.05%	0.22%	0.05%
GSK	F	0.66%	0.48%	0.48%
HSBC	A	1.18%	0.42%	0.42%
LOGI	D	0.25%	0.07%	0.07%
LYG	D	0.44%	0.12%	0.12%
MUFG	B	0.58%	0.57%	0.57%
NMR	B	0.3%	0.66%	0.3%
NOK	D	0.32%	0.21%	0.21%
NVS	F	1.33%	0.12%	0.12%
NVS	F	1.33%	1.58%	1.33%
NWG	A	0.43%	0.11%	0.11%
RELX	D	1.54%	0.23%	0.23%
RIO	D	0.68%	0.48%	0.48%
SE	A	0.15%	0.79%	0.15%
SMFG	B	0.59%	0.03%	0.03%
SNY	F	0.72%	0.28%	0.28%
TM	F	1.2%	0.56%	0.56%
UL	D	1.28%	0.56%	0.56%
UL	D	1.28%	0.48%	0.48%
VOD	F	0.3%	0.3%	0.3%

APIE Overweight 189 Positions Relative to FENI

Symbol	Grade	Weight
TSM	B	5.96%
SAP	B	1.98%
NVO	F	1.45%
ASML	F	1.22%
BABA	D	1.19%
HDB	C	0.96%
TAK	D	0.79%
BHP	F	0.75%
DEO	F	0.72%
BP	D	0.69%
IX	F	0.66%
BUD	F	0.65%
TTE	F	0.6%
SAN	D	0.53%
HMC	F	0.53%
INFY	C	0.53%
NGG	D	0.52%
IBN	C	0.51%
PDD	F	0.5%
ING	F	0.46%
PHG	C	0.46%
MFG	A	0.41%
IHG	A	0.39%
JD	D	0.38%
TEF	C	0.37%
MT	B	0.35%
ERIC	C	0.34%
AON	A	0.34%
PSO	B	0.33%
E	F	0.31%
ACN	B	0.31%
CHKP	C	0.31%
HLN	C	0.29%
TCOM	B	0.29%
SKM	C	0.29%
SHG	C	0.28%
RDY	F	0.27%
SNN	D	0.26%
RTO	C	0.26%
KT	A	0.25%
VALE	F	0.23%
KB	B	0.22%
JHX	D	0.21%
GLPG	F	0.2%
FMS	A	0.19%
EQNR	C	0.19%
PBR	D	0.17%
ITUB	F	0.16%
ASX	D	0.16%
WPP	C	0.15%
WIT	B	0.14%
TEVA	C	0.14%
DOOO	F	0.13%
UMC	F	0.13%
ERJ	A	0.13%
ABEV	F	0.12%
CRTO	D	0.12%
NTES	D	0.12%
CUK	A	0.12%
WF	C	0.12%
FINV	B	0.11%
BBD	D	0.1%
ARGX	B	0.1%
ZTO	F	0.1%
BGNE	D	0.1%
SBS	B	0.09%
PKX	D	0.09%
NICE	D	0.08%
GRFS	C	0.08%
WDS	D	0.08%
TS	B	0.08%
SW	A	0.08%
FUTU	D	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%
NNDM	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%
STM	F	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%
CLLS	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%
IPHA	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%
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	D	0.0%
SBSW	D	0.0%
KC	B	0.0%

APIE Underweight 5 Positions Relative to FENI

Symbol	Grade	Weight
SONY	B	-1.21%
HSBH	B	-1.06%
WIX	A	-0.58%
QGEN	D	-0.53%
CCEP	C	-0.02%