AVSE vs. DBEM ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to db-X trackers MSCI Emerging Markets Hedged Equity Fund (DBEM)

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

$51.76

Average Daily Volume

1,877

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DBEM

db-X trackers MSCI Emerging Markets Hedged Equity Fund

DBEM Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EM US Dollar Hedged Index (the "underlying index"). The fund will normally invest at least 80% of its net assets in the equity securities of issuers from emerging markets countries and in instruments designed to hedge against the fund's exposure to non-U.S. currencies. The index is designed to provide exposure to equity securities in the global emerging markets, while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected emerging market currencies. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.80

Average Daily Volume

43,046

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	DBEM
30 Days	0.21%	0.45%
60 Days	5.31%	4.26%
90 Days	6.56%	4.97%
12 Months	17.50%	13.30%

39 Overlapping Holdings

Symbol	Grade	Weight in AVSE	Weight in DBEM	Overlap
ABEV	F	0.07%	0.11%	0.07%
ASAI	F	0.09%	0.09%	0.09%
ASAI	F	0.06%	0.09%	0.06%
ATHM	B	0.06%	0.03%	0.03%
BABA	F	1.29%	1.83%	1.29%
BAP	C	0.16%	0.14%	0.14%
BCH	D	0.09%	0.07%	0.07%
BEKE	D	0.23%	0.13%	0.13%
BGNE	D	0.03%	0.11%	0.03%
BGNE	D	0.04%	0.11%	0.04%
BIDU	F	0.06%	0.33%	0.06%
BILI	B	0.0%	0.05%	0.0%
BRFS	A	0.04%	0.03%	0.03%
BZ	D	0.02%	0.07%	0.02%
CHT	C	0.07%	0.19%	0.07%
HDB	B	0.4%	0.68%	0.4%
HTHT	F	0.26%	0.09%	0.09%
IBN	A	0.47%	0.88%	0.47%
IQ	F	0.05%	0.02%	0.02%
KB	B	0.42%	0.27%	0.27%
KT	B	0.04%	0.01%	0.01%
LI	F	0.09%	0.14%	0.09%
LPL	C	0.08%	0.03%	0.03%
NIO	F	0.02%	0.08%	0.02%
PDD	C	0.79%	1.1%	0.79%
QFIN	B	0.15%	0.03%	0.03%
SBSW	F	0.08%	0.04%	0.04%
SCCO	C	0.14%	0.12%	0.12%
SHG	B	0.31%	0.18%	0.18%
SKM	C	0.0%	0.02%	0.0%
TAL	D	0.1%	0.07%	0.07%
TCOM	D	0.23%	0.35%	0.23%
TME	B	0.12%	0.14%	0.12%
UMC	B	0.32%	0.24%	0.24%
VIPS	F	0.27%	0.07%	0.07%
WIT	B	0.06%	0.1%	0.06%
XPEV	F	0.01%	0.06%	0.01%
YUMC	F	0.31%	0.16%	0.16%
ZTO	D	0.14%	0.12%	0.12%

AVSE Overweight 57 Positions Relative to DBEM

Symbol	Grade	Weight
TSM	B	5.26%
INFY	B	0.66%
NTES	D	0.63%
ITUB	D	0.36%
ASX	B	0.3%
ERJ	C	0.28%
CPNG	D	0.25%
GFI	C	0.18%
RDY	B	0.18%
STNE	F	0.15%
ASR	C	0.14%
TLK	D	0.13%
BBD	F	0.13%
SUZ	D	0.13%
CIG	C	0.12%
FMX	D	0.12%
PAGS	F	0.12%
OMAB	F	0.11%
PAC	D	0.1%
EBR	F	0.09%
SBS	D	0.09%
CAR	D	0.08%
MNSO	F	0.08%
FINV	C	0.07%
TKC	B	0.07%
MOMO	B	0.06%
HOLI	D	0.06%
ELP	F	0.05%
BSAC	D	0.05%
IMOS	C	0.04%
SQM	F	0.04%
CIB	D	0.04%
YY	F	0.04%
AKO.A	B	0.04%
WB	F	0.03%
PHI	D	0.03%
GRIN	B	0.03%
IFS	D	0.03%
TV	F	0.03%
SGRP	C	0.03%
SOHU	A	0.02%
BSBR	D	0.02%
VIV	F	0.02%
NOAH	F	0.02%
CCU	F	0.02%
PDSB	D	0.01%
VNET	C	0.01%
LX	F	0.01%
NIU	F	0.0%
DAO	D	0.0%
TIGR	C	0.0%
CANG	C	0.0%
API	F	0.0%
TUYA	F	0.0%
CBD	F	0.0%
KC	F	0.0%
CAAS	C	0.0%

AVSE Underweight 7 Positions Relative to DBEM

Symbol	Grade	Weight
VALE	F	-0.48%
GGB	D	-0.06%
KEP	F	-0.05%
BVN	C	-0.04%
CSAN	D	-0.04%
LEGN	D	-0.03%
YNDX	C	-0.0%