AVSE vs. SMOG ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to VanEck Vectors Low Carbon Energy ETF (SMOG)

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 ^*

* may have additional holdings in another (foreign) market

SMOG

VanEck Vectors Low Carbon Energy ETF

SMOG Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of low carbon energy companies. Such companies may include small- and medium-capitalization companies and foreign issuers. "Low carbon energy companies" refers to companies primarily engaged in alternative energy, including renewable energy, alternative fuels and related enabling technologies (such as advanced batteries). It is non-diversified.

Grade (RS Rating)

Last Trade

$102.53

Average Daily Volume

2,769

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	SMOG
30 Days	10.86%	11.54%
60 Days	8.40%	5.95%
90 Days	9.93%	5.72%
12 Months	22.28%	-10.05%

6 Overlapping Holdings

Symbol	Grade	Weight in AVSE	Weight in SMOG	Overlap
CIG	B	0.13%	0.72%	0.13%
EBR	F	0.11%	1.07%	0.11%
ELP	D	0.06%	0.43%	0.06%
LI	F	0.13%	4.06%	0.13%
NIO	D	0.03%	1.66%	0.03%
XPEV	D	0.01%	1.44%	0.01%

AVSE Overweight 92 Positions Relative to SMOG

Symbol	Grade	Weight
TSM	B	4.35%
BABA	C	1.41%
PDD	B	0.79%
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%
TCOM	B	0.25%
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%
OMAB	C	0.13%
SBS	D	0.12%
TAL	C	0.12%
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%
MNSO	C	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%
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%
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%
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 23 Positions Relative to SMOG

Symbol	Grade	Weight
NEE	B	-9.83%
TSLA	D	-8.02%
FSLR	C	-3.5%
ENPH	D	-2.94%
OC	C	-2.9%
RIVN	D	-1.6%
IBP	D	-1.06%
BMI	B	-0.88%
ENS	C	-0.71%
SEDG	F	-0.7%
LCID	D	-0.68%
ORA	C	-0.64%
QS	F	-0.48%
HASI	B	-0.45%
BE	C	-0.42%
TAC	D	-0.41%
RUN	D	-0.37%
AY	B	-0.36%
ARRY	F	-0.35%
PLUG	F	-0.34%
DQ	F	-0.28%
JKS	F	-0.2%
CSIQ	F	-0.18%