AVSE vs. CGRO ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to CoreValues Alpha Greater China Growth ETF (CGRO)

AVSE

Avantis Responsible Emerging Markets Equity ETF

AVSE 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. The portfolio management team limits its investable universe of companies by screening out those that raise concerns based on the team?s evaluation of multiple ESG metrics.

Grade (RS Rating)

Last Trade

$52.85

Average Daily Volume

3,263

Number of Holdings ^*

98

* may have additional holdings in another (foreign) market

CGRO

CoreValues Alpha Greater China Growth ETF

CGRO Description

CGRO aims to benefit from high-growth sectors in Greater China without compromising American values and interests. The fund includes companies of all sizes located or primarily traded in mainland China, Taiwan, and Chinas special administrative regions, such as Hong Kong. The portfolio construction starts with top-down macro research, which utilizes publicly available data to identify sectors with the highest growth potential. The fund also conducts on-the-ground due diligence wherein it gains insights from 15 investment professionals located in China. Lastly, a fundamental bottom-up approach is used to analyze company-specific data such as financial reports and management expertise. The weight of each sector and company is determined by the sub-advisers assessment of its growth potential, which may change over time. The fund may invest in China A-shares, depositary receipts, and issuers listed on exchanges outside China.

Grade (RS Rating)

Last Trade

$22.23

Average Daily Volume

301

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	CGRO
30 Days	10.86%	12.75%
60 Days	8.40%	13.82%
90 Days	9.93%	16.55%
12 Months	22.28%

3 Overlapping Holdings

	Symbol	Grade	Weight in AVSE	Weight in CGRO	Overlap
	MNSO	C	0.09%	6.25%	0.09%
	PDD	B	0.79%	4.74%	0.79%
	TCOM	B	0.25%	8.52%	0.25%

AVSE Overweight 95 Positions Relative to CGRO

	Symbol	Grade	Weight
	TSM	B	4.35%
	BABA	C	1.41%
	NTES	C	0.7%
	INFY	F	0.65%
	IBN	B	0.48%
	KB	B	0.43%
	ITUB	C	0.41%
	HDB	F	0.38%
	YUMC	D	0.36%
	SHG	C	0.33%
	HTHT	C	0.31%
	UMC	C	0.3%
	VIPS	D	0.3%
	ERJ	B	0.28%
	ASX	D	0.27%
	CPNG	B	0.27%
	BEKE	C	0.25%
	GFI	D	0.22%
	STNE	F	0.22%
	BAP	D	0.19%
	RDY	F	0.19%
	BBD	F	0.16%
	SCCO	A	0.16%
	SUZ	F	0.16%
	QFIN	B	0.16%
	ASR	B	0.16%
	PAGS	D	0.15%
	TLK	F	0.15%
	FMX	F	0.14%
	XP	F	0.14%
	LI	F	0.13%
	OMAB	C	0.13%
	CIG	B	0.13%
	SBS	D	0.12%
	TAL	C	0.12%
	EBR	F	0.11%
	TME	B	0.11%
	PAC	B	0.11%
	ZTO	C	0.1%
	ASAI	D	0.1%
	SBSW	C	0.09%
	LPL	F	0.09%
	BCH	B	0.09%
	ABEV	D	0.08%
	FINV	C	0.08%
	ASAI	D	0.08%
	HOLI	F	0.07%
	ATHM	C	0.07%
	CHT	B	0.07%
	CAR	D	0.07%
	BIDU	D	0.07%
	ELP	D	0.06%
	WIT	D	0.06%
	IQ	C	0.06%
	TKC	B	0.06%
	MOMO	D	0.06%
	BRFS	B	0.05%
	SQM	D	0.05%
	YY	D	0.05%
	AKO.A	C	0.05%
	BSAC	B	0.05%
	IFS	D	0.04%
	IMOS	D	0.04%
	TV	C	0.04%
	CIB	B	0.04%
	BGNE	D	0.04%
	KT	D	0.04%
	CCU	C	0.03%
	VIV	F	0.03%
	GRIN	B	0.03%
	NIO	D	0.03%
	SGRP	C	0.03%
	WB	D	0.03%
	PHI	C	0.03%
	BGNE	D	0.03%
	NOAH	C	0.03%
	SOHU	C	0.02%
	LX	C	0.02%
	BZ	B	0.02%
	BSBR	D	0.02%
	PDSB	F	0.01%
	XPEV	D	0.01%
	VNET	D	0.01%
	NIU	C	0.0%
	DAO	F	0.0%
	BNR	D	0.0%
	TIGR	C	0.0%
	BILI	C	0.0%
	CANG	C	0.0%
	SKM	C	0.0%
	TUYA	C	0.0%
	API	C	0.0%
	CBD	F	0.0%
	CAAS	D	0.0%
	KC	D	0.0%

AVSE Underweight 0 Positions Relative to CGRO

	Symbol	Grade	Weight

AVSE: Top Represented Industries & Keywords

Industries: Internet Content & Information Banks - Regional - Latin America Telecom Services Auto Manufacturers Banks - Regional - Asia Semiconductors Specialty Retail Airports & Air Services Beverages - Brewers Credit Services Information Technology Services Software - Application Biotechnology Capital Markets Gold Software - Infrastructure Utilities - Diversified Aerospace & Defense Asset Management Auto Parts

Keywords: Bank Banking Broadband Cloud Computing Investment Banking Currency Electronics Internet Access Telecommunications Advertising Services E-Commerce Financial Products Games Commercial Banking Computing Information And Communications Technology Investment Banking Services Investment Product Online Game Telecommunication Services

CGRO: Top Represented Industries & Keywords

Industries: Specialty Retail Leisure

Keywords: IBD 50 Nasdaq 100 Retailing Advertising Services Airline Tickets Consumer Behaviour Corporate Travel Management E-Commerce Electronics Lifestyle Products Perfume Property Management Sales Promotion Shopping Social Networks Textiles Travel Management Travel Related Services