AVXC vs. SPEM ETF Comparison

Comparison of Avantis Emerging Markets ex-China Equity ETF (AVXC) to SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF (SPEM)

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

SPEM

SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF

SPEM Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts 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 emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.31

Average Daily Volume

1,690,073

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	AVXC	SPEM
30 Days	-4.23%	-4.03%
60 Days	-4.83%	0.43%
90 Days	-5.42%	1.29%
12 Months		16.51%

31 Overlapping Holdings

Symbol	Grade	Weight in AVXC	Weight in SPEM	Overlap
ABEV	F	0.1%	0.12%	0.1%
ASAI	F	0.13%	0.06%	0.06%
BAK	F	0.02%	0.01%	0.01%
BAP	A	0.3%	0.16%	0.16%
BBD	D	0.3%	0.16%	0.16%
BCH	C	0.11%	0.02%	0.02%
BRFS	C	0.06%	0.04%	0.04%
BVN	D	0.02%	0.06%	0.02%
CHT	C	0.11%	0.18%	0.11%
CIB	B	0.04%	0.04%	0.04%
CIG	C	0.16%	0.1%	0.1%
CSAN	F	0.08%	0.03%	0.03%
EBR	F	0.14%	0.08%	0.08%
ERJ	A	0.22%	0.13%	0.13%
GGB	C	0.16%	0.08%	0.08%
HDB	C	0.78%	1.23%	0.78%
IBN	C	0.47%	0.92%	0.47%
INFY	C	0.9%	0.88%	0.88%
ITUB	F	0.41%	0.37%	0.37%
NU	C	0.18%	0.49%	0.18%
PAGS	F	0.04%	0.02%	0.02%
PBR	D	0.44%	0.28%	0.28%
RDY	F	0.21%	0.16%	0.16%
SBSW	D	0.17%	0.03%	0.03%
SCCO	F	0.11%	0.11%	0.11%
SID	F	0.05%	0.02%	0.02%
SUZ	B	0.16%	0.04%	0.04%
UMC	F	0.27%	0.22%	0.22%
VALE	F	0.68%	0.02%	0.02%
VALE	F	0.68%	0.39%	0.39%
WIT	B	0.1%	0.17%	0.1%

AVXC Overweight 40 Positions Relative to SPEM

Symbol	Grade	Weight
TSM	B	8.36%
KB	B	0.53%
SHG	C	0.37%
ASX	D	0.32%
GFI	D	0.21%
PAC	B	0.18%
FMX	F	0.15%
SBS	B	0.13%
TLK	D	0.13%
LPL	D	0.12%
CAR	C	0.11%
CX	F	0.1%
HMY	D	0.1%
VIV	F	0.09%
TWI	F	0.09%
TKC	B	0.09%
ASR	D	0.09%
SGRP	D	0.08%
TV	F	0.08%
SKM	C	0.08%
SQM	D	0.08%
OMAB	D	0.08%
PKX	D	0.06%
XP	F	0.06%
AKO.A	F	0.06%
IFS	A	0.06%
KEP	B	0.05%
VLRS	B	0.05%
BSBR	F	0.04%
UGP	F	0.04%
SSL	F	0.04%
PHI	D	0.04%
CCU	D	0.04%
BSAC	C	0.03%
KT	A	0.03%
PAX	C	0.02%
EC	D	0.02%
IMOS	F	0.01%
AZUL	F	0.0%
SHPH	F	0.0%

AVXC Underweight 71 Positions Relative to SPEM

Symbol	Grade	Weight
BABA	D	-1.92%
PDD	F	-0.81%
TCOM	B	-0.33%
BIDU	F	-0.27%
YUMC	C	-0.22%
BEKE	D	-0.15%
LI	F	-0.14%
BGNE	D	-0.14%
ZTO	F	-0.11%
XPEV	C	-0.08%
NIO	F	-0.07%
BILI	D	-0.06%
YMM	C	-0.06%
TME	D	-0.06%
MMYT	B	-0.06%
VIPS	F	-0.05%
TAL	F	-0.05%
ENIC	B	-0.05%
QFIN	A	-0.04%
VIST	B	-0.04%
BZ	F	-0.04%
STNE	F	-0.03%
LEGN	D	-0.03%
GDS	C	-0.03%
DQ	F	-0.02%
SBLK	F	-0.02%
HEPS	C	-0.02%
ATHM	C	-0.02%
SIMO	D	-0.02%
YY	B	-0.02%
MNSO	D	-0.02%
DDL	C	-0.01%
DAC	C	-0.01%
GOTU	F	-0.01%
TIGR	D	-0.01%
EH	D	-0.01%
TEN	F	-0.01%
HIMX	F	-0.01%
BLTE	B	-0.01%
BWMX	F	-0.01%
IQ	F	-0.01%
SB	F	-0.01%
VTEX	F	-0.01%
JKS	F	-0.01%
MOMO	D	-0.01%
RLX	C	-0.01%
GPI	B	-0.0%
VSTA	F	-0.0%
IH	F	-0.0%
NIU	F	-0.0%
TUYA	D	-0.0%
DADA	F	-0.0%
DOYU	C	-0.0%
HUYA	F	-0.0%
DSX	F	-0.0%
BTBT	C	-0.0%
SOHU	F	-0.0%
CBAT	F	-0.0%
CAN	C	-0.0%
CINT	C	-0.0%
NEXA	B	-0.0%
NOAH	D	-0.0%
LX	B	-0.0%
FINV	B	-0.0%
API	B	-0.0%
AFYA	F	-0.0%
VNET	B	-0.0%
YALA	D	-0.0%
RERE	C	-0.0%
RNW	D	-0.0%
WB	D	-0.0%