AVSE vs. GXC ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to SPDR S&P China ETF (GXC)

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

$50.67

Average Daily Volume

3,496

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GXC

SPDR S&P China ETF

GXC Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P China BMI Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in China available to foreign investors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.73

Average Daily Volume

69,113

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	GXC
30 Days	2.72%	8.62%
60 Days	3.78%	10.41%
90 Days	8.34%	21.87%
12 Months	18.65%	-2.66%

35 Overlapping Holdings

Symbol	Grade	Weight in AVSE	Weight in GXC	Overlap
API	D	0.0%	0.01%	0.0%
ATHM	C	0.06%	0.07%	0.06%
BABA	B	1.39%	5.66%	1.39%
BEKE	A	0.22%	0.39%	0.22%
BGNE	D	0.03%	0.36%	0.03%
BGNE	D	0.04%	0.36%	0.04%
BIDU	C	0.07%	1.18%	0.07%
BILI	B	0.0%	0.12%	0.0%
BZ	A	0.02%	0.27%	0.02%
DAO	F	0.0%	0.0%	0.0%
FINV	B	0.08%	0.02%	0.02%
HOLI	D	0.07%	0.07%	0.07%
IQ	B	0.06%	0.09%	0.06%
LI	D	0.12%	0.62%	0.12%
LX	D	0.02%	0.01%	0.01%
MNSO	A	0.09%	0.11%	0.09%
MOMO	B	0.06%	0.04%	0.04%
NIO	D	0.02%	0.25%	0.02%
NIU	B	0.0%	0.01%	0.0%
NOAH	B	0.03%	0.03%	0.03%
PDD	A	0.75%	3.75%	0.75%
QFIN	A	0.15%	0.11%	0.11%
SOHU	A	0.02%	0.02%	0.02%
TAL	A	0.12%	0.24%	0.12%
TCOM	A	0.25%	1.16%	0.25%
TIGR	C	0.0%	0.01%	0.0%
TME	A	0.11%	0.33%	0.11%
TUYA	B	0.0%	0.01%	0.0%
VIPS	C	0.31%	0.2%	0.2%
VNET	D	0.01%	0.01%	0.01%
WB	B	0.03%	0.02%	0.02%
XPEV	D	0.01%	0.17%	0.01%
YUMC	F	0.39%	0.67%	0.39%
YY	B	0.05%	0.08%	0.05%
ZTO	B	0.11%	0.38%	0.11%

AVSE Overweight 63 Positions Relative to GXC

Symbol	Grade	Weight
TSM	C	4.18%
NTES	D	0.7%
INFY	F	0.67%
IBN	A	0.49%
ITUB	C	0.41%
KB	A	0.4%
HDB	B	0.4%
HTHT	A	0.32%
SHG	B	0.31%
CPNG	B	0.3%
UMC	C	0.3%
ASX	D	0.28%
ERJ	A	0.27%
GFI	B	0.24%
STNE	C	0.21%
RDY	B	0.2%
SUZ	D	0.19%
BAP	D	0.19%
ASR	B	0.17%
SCCO	B	0.16%
BBD	F	0.16%
TLK	F	0.16%
FMX	F	0.14%
PAGS	C	0.14%
OMAB	A	0.13%
XP	D	0.13%
CIG	A	0.13%
SBS	B	0.12%
PAC	A	0.11%
LPL	D	0.1%
SBSW	D	0.1%
ASAI	F	0.1%
EBR	D	0.1%
ASAI	F	0.09%
BCH	B	0.09%
ABEV	D	0.08%
CAR	D	0.07%
CHT	D	0.07%
ELP	D	0.06%
WIT	D	0.06%
TKC	A	0.06%
BSAC	F	0.05%
IFS	F	0.04%
TV	F	0.04%
CIB	B	0.04%
IMOS	C	0.04%
BRFS	B	0.04%
KT	D	0.04%
SQM	D	0.04%
AKO.A	A	0.04%
CCU	B	0.03%
SGRP	B	0.03%
GRIN	A	0.03%
VIV	C	0.03%
PHI	B	0.03%
BSBR	B	0.02%
PDSB	F	0.01%
BNR	D	0.0%
CANG	C	0.0%
SKM	D	0.0%
CBD	F	0.0%
KC	D	0.0%
CAAS	C	0.0%

AVSE Underweight 23 Positions Relative to GXC

Symbol	Grade	Weight
YMM	A	-0.24%
LEGN	D	-0.12%
RLX	B	-0.07%
DQ	F	-0.06%
EH	B	-0.04%
JKS	D	-0.04%
GOTU	B	-0.04%
HUYA	A	-0.03%
JEWL	F	-0.03%
GDS	B	-0.03%
BLTE	B	-0.02%
QD	D	-0.02%
FNGR	B	-0.01%
DDL	C	-0.01%
FANH	F	-0.01%
CAN	F	-0.01%
DADA	D	-0.01%
IMAB	F	-0.01%
BTBT	F	-0.01%
ATAT	B	-0.01%
CBAT	B	-0.01%
RERE	B	-0.01%
ZH	F	-0.01%