AVEM vs. EQLT ETF Comparison

Comparison of Avantis Emerging Markets Equity ETF (AVEM) to iShares MSCI Emerging Markets Quality Factor ETF (EQLT)

AVEM

Avantis Emerging Markets Equity ETF

AVEM 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. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities of companies related to emerging market countries.

Grade (RS Rating)

Last Trade

$60.98

Average Daily Volume

448,404

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

EQLT

iShares MSCI Emerging Markets Quality Factor ETF

EQLT Description

EQLT tracks an index of emerging market stocks perceived to be higher quality. The starting universe begins with large- and mid-cap stocks from the MSCI Emerging Markets Index. The fund calculates a Quality Score for each security using three fundamental metrics: high return on equity, stable year-over-year earnings growth, and low financial leverage. The fund selects securities with higher quality scores until it covers about half of the market-cap within each country in the parent index. The fund then assigns weights by multiplying each securitys market-cap weight in the parent index by a Tilt Score. The Tilt Score accounts for the securitys quality score and relative market-cap position. The resulting weights are normalized to build the portfolio. Issuers are capped at 5%, along with other country and sector weight limits. The fund may invest in derivatives or engage in securities lending. The index is reviewed and rebalanced semi-annually.

Grade (RS Rating)

Last Trade

$24.06

Average Daily Volume

398

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVEM	EQLT
30 Days	-4.03%	-4.09%
60 Days	-2.02%	-2.91%
90 Days	-1.76%
12 Months	14.42%

5 Overlapping Holdings

Symbol	Grade	Weight in AVEM	Weight in EQLT	Overlap
BABA	D	1.46%	4.1%	1.46%
HDB	C	0.52%	1.12%	0.52%
IBN	C	0.42%	2.55%	0.42%
WIT	A	0.08%	0.12%	0.08%
YUMC	C	0.34%	0.33%	0.33%

AVEM Overweight 114 Positions Relative to EQLT

Symbol	Grade	Weight
TSM	B	6.17%
PDD	F	0.82%
INFY	B	0.73%
NTES	D	0.64%
KB	B	0.46%
PBR	C	0.4%
VALE	F	0.38%
SHG	D	0.35%
ITUB	F	0.3%
ASX	D	0.29%
UMC	F	0.27%
PKX	F	0.25%
ERJ	B	0.24%
BEKE	D	0.24%
ZTO	F	0.23%
LI	F	0.23%
VIPS	F	0.23%
TCOM	B	0.22%
GFI	D	0.19%
BAP	B	0.19%
QFIN	B	0.19%
RDY	F	0.15%
BBD	D	0.14%
GGB	C	0.14%
CPNG	D	0.14%
HMY	D	0.14%
FMX	F	0.13%
SUZ	C	0.12%
TME	D	0.11%
CHT	D	0.11%
SBS	B	0.1%
TLK	D	0.1%
PAC	B	0.1%
UGP	F	0.08%
ASR	D	0.08%
CX	D	0.08%
HTHT	D	0.08%
CIG	C	0.07%
MOMO	D	0.07%
ASAI	F	0.07%
SBSW	D	0.07%
ATHM	D	0.07%
TAL	F	0.07%
SCCO	F	0.07%
OMAB	D	0.07%
CAR	C	0.06%
BRFS	D	0.06%
FINV	B	0.06%
ABEV	F	0.06%
TKC	C	0.06%
IQ	F	0.05%
DQ	F	0.05%
KEP	B	0.05%
NU	C	0.05%
SID	F	0.05%
BSAC	F	0.05%
SQM	F	0.05%
BVN	F	0.05%
BCH	F	0.05%
LPL	F	0.05%
STNE	F	0.05%
NIO	F	0.04%
EC	D	0.04%
KT	A	0.04%
CIB	B	0.04%
EBR	F	0.04%
SSL	F	0.04%
BIDU	F	0.04%
GDS	C	0.04%
WB	D	0.04%
AKO.A	F	0.03%
PAGS	F	0.03%
YY	C	0.03%
PHI	D	0.03%
MNSO	F	0.03%
BSBR	F	0.03%
TV	F	0.03%
BGNE	D	0.03%
JD	D	0.03%
SGRP	D	0.03%
XP	F	0.02%
LX	C	0.02%
ATAT	C	0.02%
SKM	D	0.02%
ELP	F	0.02%
VNET	B	0.02%
VLRS	C	0.02%
ASAI	F	0.02%
XPEV	C	0.01%
BAK	F	0.01%
IMOS	F	0.01%
SOHU	F	0.01%
VIV	F	0.01%
CCU	D	0.01%
IFS	B	0.01%
BZ	F	0.01%
CSAN	F	0.01%
NOAH	D	0.01%
XYF	D	0.0%
BILI	D	0.0%
YRD	F	0.0%
CANG	B	0.0%
CAAS	C	0.0%
TUYA	F	0.0%
DAO	B	0.0%
NIU	F	0.0%
SHPH	F	0.0%
GOTU	F	0.0%
AZUL	F	0.0%
QD	C	0.0%
PAX	B	0.0%
PDSB	F	0.0%
API	C	0.0%
HUYA	F	0.0%

AVEM Underweight 0 Positions Relative to EQLT

	Symbol	Grade	Weight