AVXC vs. VEU ETF Comparison

Comparison of Avantis Emerging Markets ex-China Equity ETF (AVXC) to Vanguard FTSE All World Ex US ETF (VEU)

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

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$59.03

Average Daily Volume

2,050,655

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

Performance

Period	AVXC	VEU
30 Days	-4.23%	-3.66%
60 Days	-4.83%	-3.89%
90 Days	-5.42%	-4.04%
12 Months		12.65%

45 Overlapping Holdings

Symbol	Grade	Weight in AVXC	Weight in VEU	Overlap
ABEV	F	0.1%	0.02%	0.02%
ABEV	F	0.1%	0.01%	0.01%
AKO.A	F	0.06%	0.0%	0.0%
ASAI	F	0.13%	0.02%	0.02%
ASAI	F	0.13%	0.0%	0.0%
BAK	F	0.02%	0.0%	0.0%
BBD	D	0.3%	0.03%	0.03%
BCH	C	0.11%	0.02%	0.02%
BRFS	C	0.06%	0.01%	0.01%
BSAC	C	0.03%	0.01%	0.01%
CHT	C	0.11%	0.02%	0.02%
CHT	C	0.11%	0.03%	0.03%
CIB	B	0.04%	0.01%	0.01%
CIG	C	0.16%	0.0%	0.0%
CSAN	F	0.08%	0.01%	0.01%
CX	F	0.1%	0.01%	0.01%
EC	D	0.02%	0.0%	0.0%
ERJ	A	0.22%	0.02%	0.02%
GGB	C	0.16%	0.01%	0.01%
GGB	C	0.16%	0.01%	0.01%
HDB	C	0.78%	0.4%	0.4%
IBN	C	0.47%	0.21%	0.21%
INFY	C	0.9%	0.12%	0.12%
ITUB	F	0.41%	0.06%	0.06%
KB	B	0.53%	0.04%	0.04%
KB	B	0.53%	0.04%	0.04%
KEP	B	0.05%	0.0%	0.0%
KEP	B	0.05%	0.01%	0.01%
LPL	D	0.12%	0.01%	0.01%
PBR	D	0.44%	0.02%	0.02%
PKX	D	0.06%	0.03%	0.03%
RDY	F	0.21%	0.01%	0.01%
SBSW	D	0.17%	0.01%	0.01%
SHG	C	0.37%	0.04%	0.04%
SHG	C	0.37%	0.02%	0.02%
SID	F	0.05%	0.0%	0.0%
SQM	D	0.08%	0.01%	0.01%
TSM	B	8.36%	0.01%	0.01%
UMC	F	0.27%	0.03%	0.03%
UMC	F	0.27%	0.03%	0.03%
VALE	F	0.68%	0.12%	0.12%
VALE	F	0.68%	0.03%	0.03%
VIV	F	0.09%	0.0%	0.0%
WIT	B	0.1%	0.02%	0.02%
WIT	B	0.1%	0.01%	0.01%

AVXC Overweight 35 Positions Relative to VEU

Symbol	Grade	Weight
ASX	D	0.32%
BAP	A	0.3%
GFI	D	0.21%
PAC	B	0.18%
NU	C	0.18%
SUZ	B	0.16%
FMX	F	0.15%
EBR	F	0.14%
SBS	B	0.13%
TLK	D	0.13%
CAR	C	0.11%
SCCO	F	0.11%
HMY	D	0.1%
TWI	F	0.09%
TKC	B	0.09%
ASR	D	0.09%
SGRP	D	0.08%
TV	F	0.08%
SKM	C	0.08%
OMAB	D	0.08%
XP	F	0.06%
IFS	A	0.06%
VLRS	B	0.05%
BSBR	F	0.04%
UGP	F	0.04%
SSL	F	0.04%
PHI	D	0.04%
PAGS	F	0.04%
CCU	D	0.04%
KT	A	0.03%
PAX	C	0.02%
BVN	D	0.02%
IMOS	F	0.01%
AZUL	F	0.0%
SHPH	F	0.0%

AVXC Underweight 61 Positions Relative to VEU

Symbol	Grade	Weight
NVS	F	-0.77%
BABA	D	-0.72%
TM	F	-0.71%
HSBH	B	-0.59%
UL	D	-0.52%
MUFG	B	-0.41%
SONY	B	-0.37%
TD	D	-0.34%
SHOP	B	-0.33%
ABBV	F	-0.31%
PDD	F	-0.3%
SMFG	B	-0.27%
DEO	F	-0.24%
CNI	F	-0.21%
MFG	A	-0.18%
HMC	F	-0.17%
BCS	A	-0.16%
WCN	A	-0.16%
LYG	D	-0.15%
FLUT	A	-0.14%
E	F	-0.12%
TCOM	B	-0.12%
GOLD	C	-0.11%
STLA	F	-0.1%
BIDU	F	-0.09%
SW	A	-0.09%
YUMC	C	-0.06%
BEKE	D	-0.05%
LI	F	-0.05%
NMR	B	-0.05%
XRX	F	-0.05%
BGNE	D	-0.04%
LOGI	D	-0.04%
XPEV	C	-0.03%
TME	D	-0.03%
QGEN	D	-0.03%
MBAVU	C	-0.02%
AEI	D	-0.02%
BZ	F	-0.02%
TAL	F	-0.02%
VIPS	F	-0.02%
AGCO	D	-0.02%
BILI	D	-0.02%
NIO	F	-0.02%
YMM	C	-0.02%
ATHM	C	-0.01%
GDS	C	-0.01%
QFIN	A	-0.01%
ATHM	C	-0.0%
JEWL	D	-0.0%
ENIC	B	-0.0%
ELP	F	-0.0%
TS	B	-0.0%
WB	D	-0.0%
TAK	D	-0.0%
MNTX	B	-0.0%
YY	B	-0.0%
DQ	F	-0.0%
PIXY	F	-0.0%
IQ	F	-0.0%
RLX	C	-0.0%