AVEM vs. MFEM ETF Comparison

Comparison of Avantis Emerging Markets Equity ETF (AVEM) to PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM)

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

MFEM

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

MFEM Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$19.65

Average Daily Volume

11,427

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVEM	MFEM
30 Days	-4.03%	-2.92%
60 Days	-2.02%	-0.81%
90 Days	-1.76%	-1.06%
12 Months	14.42%	12.05%

20 Overlapping Holdings

Symbol	Grade	Weight in AVEM	Weight in MFEM	Overlap
AKO.A	F	0.03%	0.02%	0.02%
BCH	F	0.05%	0.16%	0.05%
BRFS	D	0.06%	0.13%	0.06%
CAR	C	0.06%	0.05%	0.05%
CHT	D	0.11%	0.4%	0.11%
GGB	C	0.14%	0.15%	0.14%
KB	B	0.46%	0.42%	0.42%
KEP	B	0.05%	0.32%	0.05%
KT	A	0.04%	0.33%	0.04%
LPL	F	0.05%	0.13%	0.05%
PDD	F	0.82%	0.25%	0.25%
SBSW	D	0.07%	0.11%	0.07%
SGRP	D	0.03%	0.09%	0.03%
SHG	D	0.35%	0.68%	0.35%
SKM	D	0.02%	0.27%	0.02%
TME	D	0.11%	0.46%	0.11%
VALE	F	0.38%	0.54%	0.38%
VIPS	F	0.23%	0.23%	0.23%
YUMC	C	0.34%	0.1%	0.1%
ZTO	F	0.23%	0.04%	0.04%

AVEM Overweight 99 Positions Relative to MFEM

Symbol	Grade	Weight
TSM	B	6.17%
BABA	D	1.46%
INFY	B	0.73%
NTES	D	0.64%
HDB	C	0.52%
IBN	C	0.42%
PBR	C	0.4%
ITUB	F	0.3%
ASX	D	0.29%
UMC	F	0.27%
PKX	F	0.25%
ERJ	B	0.24%
BEKE	D	0.24%
LI	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%
CPNG	D	0.14%
HMY	D	0.14%
FMX	F	0.13%
SUZ	C	0.12%
SBS	B	0.1%
TLK	D	0.1%
PAC	B	0.1%
UGP	F	0.08%
ASR	D	0.08%
WIT	A	0.08%
CX	D	0.08%
HTHT	D	0.08%
CIG	C	0.07%
MOMO	D	0.07%
ASAI	F	0.07%
ATHM	D	0.07%
TAL	F	0.07%
SCCO	F	0.07%
OMAB	D	0.07%
FINV	B	0.06%
ABEV	F	0.06%
TKC	C	0.06%
IQ	F	0.05%
DQ	F	0.05%
NU	C	0.05%
SID	F	0.05%
BSAC	F	0.05%
SQM	F	0.05%
BVN	F	0.05%
STNE	F	0.05%
NIO	F	0.04%
EC	D	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%
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%
XP	F	0.02%
LX	C	0.02%
ATAT	C	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 3 Positions Relative to MFEM

Symbol	Grade	Weight
FN	D	-0.09%
SBLK	F	-0.05%
SIMO	D	-0.04%