AVSE vs. UIVM ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to VictoryShares USAA MSCI International Value Momentum ETF (UIVM)

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

$52.28

Average Daily Volume

3,334

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UIVM

VictoryShares USAA MSCI International Value Momentum ETF

UIVM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the MSCI World ex USA Select Value Momentum Blend Index. The fund invests at least 80% of its assets in securities in the index, depositary receipts on securities in the index and securities underlying depositary receipts in the index. The index delivers exposure to equity market performance in non-U.S. developed markets and provides higher exposure to value and momentum factors within the MSCI World ex USA Index while also maintaining moderate index turnover and lower realized volatility than traditional capitalization weighted indexes.

Grade (RS Rating)

Last Trade

$47.22

Average Daily Volume

837

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	UIVM
30 Days	-4.16%	-2.53%
60 Days	-1.36%	-4.89%
90 Days	-1.56%	-4.58%
12 Months	15.31%	11.48%

4 Overlapping Holdings

Symbol	Grade	Weight in AVSE	Weight in UIVM	Overlap
KB	B	0.48%	0.34%	0.34%
KT	A	0.05%	0.59%	0.05%
SHG	C	0.38%	0.36%	0.36%
SKM	C	0.07%	0.89%	0.07%

AVSE Overweight 85 Positions Relative to UIVM

Symbol	Grade	Weight
TSM	B	5.9%
BABA	D	1.8%
INFY	C	0.76%
PDD	F	0.71%
HDB	C	0.56%
NTES	D	0.51%
IBN	C	0.48%
YUMC	C	0.41%
ITUB	F	0.34%
LI	F	0.29%
CPNG	D	0.28%
TCOM	B	0.27%
HTHT	D	0.25%
UMC	F	0.24%
VIPS	F	0.23%
ASX	D	0.22%
ZTO	F	0.2%
BAP	A	0.18%
BEKE	D	0.17%
GFI	D	0.17%
BBD	D	0.16%
PAC	B	0.16%
SUZ	B	0.14%
TLK	D	0.13%
STNE	F	0.13%
CIG	C	0.12%
SBS	B	0.11%
FMX	F	0.1%
QFIN	A	0.09%
LPL	D	0.09%
OMAB	D	0.09%
RDY	F	0.09%
EBR	F	0.08%
ABEV	F	0.08%
ASAI	F	0.08%
TME	D	0.08%
CAR	C	0.08%
BCH	C	0.08%
WIT	B	0.07%
SBSW	D	0.07%
ASR	D	0.07%
VIV	F	0.06%
ATHM	C	0.06%
TKC	B	0.06%
CHT	C	0.06%
MNSO	D	0.06%
IQ	F	0.06%
BGNE	D	0.05%
SCCO	F	0.05%
BIDU	F	0.05%
TV	F	0.05%
CIB	B	0.04%
SGRP	D	0.04%
PAGS	F	0.04%
ASAI	F	0.04%
IFS	A	0.04%
MOMO	D	0.04%
AKO.A	F	0.04%
BSAC	C	0.04%
ELP	F	0.04%
YY	B	0.04%
LX	B	0.03%
NOAH	D	0.03%
SOHU	F	0.03%
IMOS	F	0.03%
PHI	D	0.03%
SQM	D	0.03%
BGNE	D	0.03%
VNET	B	0.02%
BSBR	F	0.02%
CCU	D	0.02%
NIO	F	0.02%
WB	D	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	D	0.0%
CANG	B	0.0%
API	B	0.0%
TAL	F	0.0%
CAAS	C	0.0%

AVSE Underweight 9 Positions Relative to UIVM

Symbol	Grade	Weight
WCN	A	-1.1%
E	F	-0.73%
LYG	D	-0.56%
BCS	A	-0.53%
WFG	C	-0.52%
AGCO	D	-0.42%
SMFG	B	-0.41%
MFG	A	-0.39%
HMC	F	-0.3%