BRAZ vs. EMC ETF Comparison

Comparison of Global X Brazil Active ETF (BRAZ) to Global X Emerging Markets Great Consumer ETF (EMC)

BRAZ

Global X Brazil Active ETF

BRAZ Description

The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.09

Average Daily Volume

275

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMC

Global X Emerging Markets Great Consumer ETF

EMC Description

EMC seeks long-term capital growth through a consumer-focused investment strategy. The fund invests in companies of all sizes that are expected to benefit from both direct and indirect economic effects of increasing consumption activities and purchasing power of emerging market consumers. The adviser believes that emerging markets will experience rapid growth driven by key trends such as population growth, industrialization, wealth accumulation, increasing consumption among youths, and the pursuit of a higher quality of life. Eligible firms must be listed, organized under the laws of, derive at least 50% of their revenue from, or have at least 50% of their assets in emerging markets. Such companies may be of various sectors and from at least three different countries. The portfolio is constructed using a bottom-up approach, subject to a risk management framework. On May 15, 2023, EMC converted from a mutual fund to an actively managed ETF, with $471 million in assets.

Grade (RS Rating)

Last Trade

$26.41

Average Daily Volume

26,742

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BRAZ	EMC
30 Days	-4.18%	-4.35%
60 Days	-7.72%	-0.72%
90 Days	-10.04%	-2.20%
12 Months	-14.63%	8.15%

4 Overlapping Holdings

Symbol	Grade	Weight in BRAZ	Weight in EMC	Overlap
ARCO	D	2.0%	0.45%	0.45%
ITUB	F	8.81%	1.17%	1.17%
MELI	D	0.97%	0.56%	0.56%
NU	B	9.66%	0.85%	0.85%

BRAZ Overweight 8 Positions Relative to EMC

Symbol	Grade	Weight
PBR	D	9.86%
VALE	F	7.66%
BBD	F	4.87%
ASAI	F	3.62%
EBR	F	3.38%
SUZ	B	2.7%
ELP	F	1.91%
ABEV	D	1.87%

BRAZ Underweight 10 Positions Relative to EMC

Symbol	Grade	Weight
TSM	C	-10.1%
IBN	C	-3.38%
TCOM	C	-2.76%
BABA	D	-1.95%
HDB	C	-1.51%
PDD	F	-1.28%
MMYT	C	-1.1%
TME	F	-0.94%
YUMC	C	-0.53%
GFI	F	-0.42%