AVSE vs. FNDE ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE)

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

$52.24

Average Daily Volume

3,409

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNDE

Schwab Fundamental Emerging Markets Large Company Index ETF

FNDE Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Emerging Markets Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 80% of its net assets in stocks included in the index, including depositary receipts representing securities of the index. It may invest up to 20% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$30.60

Average Daily Volume

631,137

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	FNDE
30 Days	-3.83%	-3.77%
60 Days	-2.16%	0.36%
90 Days	-1.62%	0.79%
12 Months	15.24%	18.92%

15 Overlapping Holdings

Symbol	Grade	Weight in AVSE	Weight in FNDE	Overlap
ABEV	F	0.08%	0.22%	0.08%
BABA	D	1.7%	2.79%	1.7%
BCH	F	0.09%	0.1%	0.09%
BEKE	D	0.17%	0.07%	0.07%
BIDU	F	0.05%	0.37%	0.05%
CHT	D	0.06%	0.28%	0.06%
HDB	C	0.57%	0.44%	0.44%
IBN	C	0.48%	0.33%	0.33%
PDD	F	0.73%	0.08%	0.08%
SBSW	D	0.07%	0.27%	0.07%
UMC	F	0.23%	0.35%	0.23%
VIPS	F	0.23%	0.26%	0.23%
WIT	A	0.07%	0.14%	0.07%
YUMC	C	0.41%	0.33%	0.33%
ZTO	F	0.19%	0.06%	0.06%

AVSE Overweight 74 Positions Relative to FNDE

Symbol	Grade	Weight
TSM	B	5.8%
INFY	B	0.76%
NTES	D	0.57%
KB	B	0.5%
SHG	D	0.38%
ITUB	F	0.34%
LI	F	0.29%
CPNG	D	0.27%
TCOM	B	0.27%
HTHT	D	0.25%
ASX	D	0.23%
BAP	B	0.19%
GFI	D	0.18%
BBD	D	0.17%
PAC	B	0.17%
SUZ	C	0.14%
CIG	C	0.13%
TLK	D	0.13%
STNE	F	0.11%
SBS	B	0.11%
QFIN	B	0.1%
TME	D	0.09%
FMX	F	0.09%
RDY	F	0.09%
LPL	F	0.09%
OMAB	D	0.09%
ASR	D	0.08%
EBR	F	0.08%
ASAI	F	0.08%
CAR	C	0.08%
SKM	D	0.07%
VIV	F	0.06%
TKC	C	0.06%
MNSO	F	0.06%
ATHM	D	0.06%
IQ	F	0.06%
ELP	F	0.05%
BGNE	D	0.05%
KT	A	0.05%
SCCO	F	0.05%
TV	F	0.05%
YY	C	0.05%
SGRP	D	0.04%
CIB	B	0.04%
MOMO	D	0.04%
IFS	B	0.04%
AKO.A	F	0.04%
BSAC	F	0.04%
IMOS	F	0.03%
NOAH	D	0.03%
LX	C	0.03%
PHI	D	0.03%
WB	D	0.03%
PAGS	F	0.03%
SQM	F	0.03%
BGNE	D	0.03%
ASAI	F	0.03%
VNET	B	0.02%
BSBR	F	0.02%
CCU	D	0.02%
NIO	F	0.02%
SOHU	F	0.02%
PDSB	F	0.01%
XPEV	C	0.01%
BZ	F	0.01%
NIU	F	0.0%
DAO	B	0.0%
TIGR	D	0.0%
BILI	D	0.0%
TUYA	F	0.0%
CANG	B	0.0%
API	C	0.0%
TAL	F	0.0%
CAAS	C	0.0%

AVSE Underweight 4 Positions Relative to FNDE

Symbol	Grade	Weight
VALE	F	-1.8%
JD	D	-0.76%
GGB	C	-0.3%
EC	D	-0.05%