AVDE vs. FENI ETF Comparison

Comparison of Avantis International Equity ETF (AVDE) to Fidelity Enhanced International ETF (FENI)

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

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

$27.96

Average Daily Volume

173,928

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVDE	FENI
30 Days	-2.96%	-4.05%
60 Days	-4.49%	-5.67%
90 Days	-4.70%	-6.17%
12 Months	11.08%	13.11%

27 Overlapping Holdings

Symbol	Grade	Weight in AVDE	Weight in FENI	Overlap
ABBV	F	0.12%	0.78%	0.12%
ABBV	F	0.12%	0.27%	0.12%
AZN	F	0.44%	0.08%	0.08%
BBVA	D	0.27%	0.13%	0.13%
BCS	A	0.37%	0.12%	0.12%
CCEP	C	0.09%	0.02%	0.02%
GMAB	F	0.06%	0.24%	0.06%
GSK	F	0.35%	0.49%	0.35%
HSBC	A	0.6%	0.4%	0.4%
LOGI	D	0.11%	0.04%	0.04%
LYG	D	0.26%	0.11%	0.11%
MUFG	B	0.37%	0.53%	0.37%
NOK	D	0.09%	0.21%	0.09%
NVS	F	0.8%	0.12%	0.12%
NVS	F	0.8%	1.57%	0.8%
NWG	A	0.18%	0.11%	0.11%
QGEN	D	0.03%	0.56%	0.03%
RELX	D	0.32%	0.24%	0.24%
RIO	D	0.29%	0.47%	0.29%
SE	A	0.05%	0.77%	0.05%
SMFG	B	0.31%	0.03%	0.03%
SNY	F	0.3%	0.29%	0.29%
TM	F	0.6%	0.55%	0.55%
UL	D	0.29%	0.47%	0.29%
UL	D	0.29%	0.83%	0.29%
VOD	F	0.15%	0.24%	0.15%
WIX	A	0.01%	0.67%	0.01%

AVDE Overweight 90 Positions Relative to FENI

Symbol	Grade	Weight
NVO	F	1.41%
TTE	F	0.61%
ASML	F	0.6%
BP	D	0.47%
BHP	F	0.47%
SAP	B	0.34%
ING	F	0.31%
SAN	D	0.28%
TD	D	0.26%
CNI	F	0.26%
STM	F	0.22%
DEO	F	0.21%
ORAN	F	0.2%
MFG	A	0.19%
HMC	F	0.19%
AER	A	0.18%
NGG	D	0.17%
IX	F	0.16%
WFG	C	0.16%
E	F	0.15%
SHOP	B	0.15%
HLN	C	0.12%
MT	B	0.12%
BUD	F	0.12%
TEF	C	0.11%
ZIM	C	0.11%
SW	A	0.11%
PHG	C	0.11%
AGCO	D	0.11%
STLA	F	0.1%
ERIC	C	0.09%
RBA	A	0.08%
EQNR	C	0.08%
CHKP	C	0.07%
TAK	D	0.07%
SNN	D	0.06%
TEVA	C	0.06%
CHRD	D	0.05%
ARGX	B	0.05%
TAC	A	0.03%
OTEX	F	0.03%
GLNG	C	0.03%
CUK	A	0.03%
DOOO	F	0.02%
GRAB	A	0.02%
TRMD	F	0.02%
WPP	C	0.02%
WDS	D	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%
FMS	A	0.01%
AEI	D	0.01%
ICLR	D	0.01%
TS	B	0.01%
GLPG	F	0.01%
PDS	C	0.01%
PSO	B	0.01%
CYBR	A	0.01%
FRO	D	0.01%
FUTU	D	0.01%
NICE	D	0.01%
CLLS	F	0.0%
IAUX	F	0.0%
IPHA	D	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%
NNDM	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%

AVDE Underweight 4 Positions Relative to FENI

Symbol	Grade	Weight
HSBH	B	-1.0%
SONY	B	-0.74%
BTI	B	-0.71%
NMR	B	-0.66%