AVXC vs. APIE ETF Comparison

Comparison of Avantis Emerging Markets ex-China Equity ETF (AVXC) to Trust for Professional Managers ActivePassive International Equity ETF (APIE)

AVXC

Avantis Emerging Markets ex-China Equity ETF

AVXC Description

AVXC aims to achieve long-term capital growth by investing in a varied selection of companies from emerging markets, with China being a notable exception. It prioritizes companies with smaller market capitalizations that exhibit strong profitability and value characteristics. The manager utilizes financial data and market information to identify suitable securities, focusing on metrics like adjusted book/price and cash from operations to book value ratios. Additional factors considered include industry classification, historical performance, liquidity, among others. Security weightings are determined based on market capitalization and potential for returns relative to its peers. AVXC adjusts its holdings according to desired characteristics and may reduce exposure or sell if criteria are not met, considering past performance, expected returns, implementation costs, and tax implications. The fund has the capability to invest in foreign-denominated securities and partake in securities lending activities.

Grade (RS Rating)

Last Trade

$51.21

Average Daily Volume

16,779

Number of Holdings ^*

* may have additional holdings in another (foreign) market

APIE

Trust for Professional Managers ActivePassive International Equity ETF

APIE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.

Grade (RS Rating)

Last Trade

$28.80

Average Daily Volume

47,382

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

Performance

Period	AVXC	APIE
30 Days	-4.23%	-4.19%
60 Days	-4.83%	-3.36%
90 Days	-5.42%	-3.32%
12 Months		11.90%

53 Overlapping Holdings

Symbol	Grade	Weight in AVXC	Weight in APIE	Overlap
ABEV	F	0.1%	0.12%	0.1%
AKO.A	F	0.06%	0.05%	0.05%
AKO.A	F	0.06%	0.06%	0.06%
ASAI	F	0.13%	0.02%	0.02%
ASR	D	0.09%	0.06%	0.06%
ASX	D	0.32%	0.16%	0.16%
AZUL	F	0.0%	0.0%	0.0%
BBD	D	0.3%	0.1%	0.1%
BCH	C	0.11%	0.06%	0.06%
BRFS	C	0.06%	0.02%	0.02%
BVN	D	0.02%	0.01%	0.01%
CCU	D	0.04%	0.06%	0.04%
CHT	C	0.11%	0.08%	0.08%
CIB	B	0.04%	0.07%	0.04%
CIG	C	0.16%	0.08%	0.08%
CX	F	0.1%	0.05%	0.05%
EBR	F	0.14%	0.03%	0.03%
ERJ	A	0.22%	0.13%	0.13%
FMX	F	0.15%	0.05%	0.05%
GFI	D	0.21%	0.07%	0.07%
GGB	C	0.16%	0.03%	0.03%
HDB	C	0.78%	0.96%	0.78%
HMY	D	0.1%	0.06%	0.06%
IBN	C	0.47%	0.51%	0.47%
IMOS	F	0.01%	0.04%	0.01%
INFY	C	0.9%	0.53%	0.53%
ITUB	F	0.41%	0.16%	0.16%
KB	B	0.53%	0.22%	0.22%
KT	A	0.03%	0.25%	0.03%
LPL	D	0.12%	0.02%	0.02%
OMAB	D	0.08%	0.03%	0.03%
PAC	B	0.18%	0.06%	0.06%
PBR	D	0.44%	0.17%	0.17%
PHI	D	0.04%	0.04%	0.04%
PKX	D	0.06%	0.09%	0.06%
RDY	F	0.21%	0.27%	0.21%
SBS	B	0.13%	0.09%	0.09%
SBSW	D	0.17%	0.0%	0.0%
SHG	C	0.37%	0.28%	0.28%
SKM	C	0.08%	0.29%	0.08%
SQM	D	0.08%	0.01%	0.01%
SSL	F	0.04%	0.0%	0.0%
SUZ	B	0.16%	0.02%	0.02%
TKC	B	0.09%	0.04%	0.04%
TLK	D	0.13%	0.03%	0.03%
TSM	B	8.36%	5.96%	5.96%
TV	F	0.08%	0.01%	0.01%
UGP	F	0.04%	0.02%	0.02%
UMC	F	0.27%	0.13%	0.13%
VALE	F	0.68%	0.23%	0.23%
VIV	F	0.09%	0.01%	0.01%
VLRS	B	0.05%	0.03%	0.03%
WIT	B	0.1%	0.14%	0.1%

AVXC Overweight 18 Positions Relative to APIE

Symbol	Grade	Weight
BAP	A	0.3%
NU	C	0.18%
CAR	C	0.11%
SCCO	F	0.11%
TWI	F	0.09%
SGRP	D	0.08%
CSAN	F	0.08%
XP	F	0.06%
IFS	A	0.06%
KEP	B	0.05%
SID	F	0.05%
BSBR	F	0.04%
PAGS	F	0.04%
BSAC	C	0.03%
PAX	C	0.02%
EC	D	0.02%
BAK	F	0.02%
SHPH	F	0.0%

AVXC Underweight 159 Positions Relative to APIE

Symbol	Grade	Weight
SAP	B	-1.98%
RELX	D	-1.54%
NVO	F	-1.45%
NVS	F	-1.33%
UL	D	-1.28%
AZN	F	-1.25%
ASML	F	-1.22%
TM	F	-1.2%
BABA	D	-1.19%
HSBC	A	-1.18%
BTI	B	-0.92%
BCS	A	-0.81%
TAK	D	-0.79%
BHP	F	-0.75%
DEO	F	-0.72%
SNY	F	-0.72%
BP	D	-0.69%
RIO	D	-0.68%
IX	F	-0.66%
GSK	F	-0.66%
BUD	F	-0.65%
TTE	F	-0.6%
SMFG	B	-0.59%
MUFG	B	-0.58%
SAN	D	-0.53%
HMC	F	-0.53%
NGG	D	-0.52%
PDD	F	-0.5%
BBVA	D	-0.49%
ING	F	-0.46%
PHG	C	-0.46%
LYG	D	-0.44%
NWG	A	-0.43%
MFG	A	-0.41%
IHG	A	-0.39%
JD	D	-0.38%
ABBV	F	-0.37%
TEF	C	-0.37%
MT	B	-0.35%
ERIC	C	-0.34%
AON	A	-0.34%
PSO	B	-0.33%
NOK	D	-0.32%
E	F	-0.31%
ACN	B	-0.31%
CHKP	C	-0.31%
VOD	F	-0.3%
NMR	B	-0.3%
HLN	C	-0.29%
TCOM	B	-0.29%
SNN	D	-0.26%
RTO	C	-0.26%
LOGI	D	-0.25%
JHX	D	-0.21%
GLPG	F	-0.2%
FMS	A	-0.19%
EQNR	C	-0.19%
SE	A	-0.15%
WPP	C	-0.15%
TEVA	C	-0.14%
DOOO	F	-0.13%
CRTO	D	-0.12%
NTES	D	-0.12%
CUK	A	-0.12%
WF	C	-0.12%
FINV	B	-0.11%
ARGX	B	-0.1%
ZTO	F	-0.1%
BGNE	D	-0.1%
NICE	D	-0.08%
GRFS	C	-0.08%
WDS	D	-0.08%
TS	B	-0.08%
SW	A	-0.08%
FUTU	D	-0.08%
LI	F	-0.08%
QFIN	A	-0.07%
NNDM	D	-0.06%
KOF	F	-0.06%
VIPS	F	-0.06%
YY	B	-0.06%
BEKE	D	-0.06%
GGAL	B	-0.05%
ARM	F	-0.05%
MTLS	A	-0.05%
SOHU	F	-0.05%
XPEV	C	-0.05%
PAM	A	-0.05%
GOLD	C	-0.05%
BNTX	C	-0.05%
GMAB	F	-0.05%
BIDU	F	-0.05%
HTHT	D	-0.04%
DRD	D	-0.04%
YMM	C	-0.04%
OPRA	B	-0.04%
BWAY	B	-0.04%
TME	D	-0.04%
STM	F	-0.04%
ATHM	C	-0.03%
IMMP	F	-0.03%
BLTE	B	-0.03%
CRESY	B	-0.03%
BILI	D	-0.03%
YPF	B	-0.03%
TX	F	-0.03%
VIST	B	-0.03%
NIO	F	-0.03%
DAVA	C	-0.03%
MREO	F	-0.02%
BMA	C	-0.02%
ELP	F	-0.02%
ZLAB	C	-0.02%
GNFT	F	-0.02%
BZ	F	-0.02%
ATAT	C	-0.02%
SUPV	B	-0.02%
ASND	F	-0.02%
HIMX	F	-0.02%
GDS	C	-0.02%
XYF	D	-0.02%
MOMO	D	-0.02%
MYTE	B	-0.02%
TAL	F	-0.02%
CANG	B	-0.02%
ENIC	B	-0.02%
EDAP	F	-0.01%
JMIA	F	-0.01%
YALA	D	-0.01%
DOYU	C	-0.01%
MNSO	D	-0.01%
BZUN	F	-0.01%
DAO	B	-0.01%
CEPU	B	-0.01%
HUYA	F	-0.01%
CLLS	F	-0.01%
JKS	F	-0.01%
LEGN	D	-0.01%
GRVY	C	-0.01%
RERE	C	-0.01%
OTLY	F	-0.01%
JFIN	F	-0.01%
TEO	B	-0.01%
IPHA	D	-0.01%
ADAP	F	-0.0%
EVO	C	-0.0%
HCM	D	-0.0%
CNF	F	-0.0%
ORAN	F	-0.0%
HEPS	C	-0.0%
IQ	F	-0.0%
DADA	F	-0.0%
RLX	C	-0.0%
TOUR	D	-0.0%
SIMO	D	-0.0%
YRD	F	-0.0%
DDL	C	-0.0%
EH	D	-0.0%
KC	B	-0.0%