BRAZ vs. MEMX ETF Comparison

Comparison of Global X Brazil Active ETF (BRAZ) to Matthews Emerging Markets ex China Active ETF (MEMX)

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

$22.76

Average Daily Volume

286

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MEMX

Matthews Emerging Markets ex China Active ETF

MEMX Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries excluding China. The fund may also invest in companies located in developed countries or China; however, the fund may not invest in any company located in a developed country or China if, at the time of purchase, more than 20% of the fund"s assets are invested in a combination of developed market and Chinese companies.

Grade (RS Rating)

Last Trade

$29.89

Average Daily Volume

5,112

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BRAZ	MEMX
30 Days	-4.49%	-2.80%
60 Days	-7.27%	-3.55%
90 Days	-11.69%	-3.15%
12 Months	-16.18%	14.81%

5 Overlapping Holdings

Symbol	Grade	Weight in BRAZ	Weight in MEMX	Overlap
ASAI	F	3.75%	0.88%	0.88%
MELI	C	1.22%	0.89%	0.89%
NU	C	9.62%	1.38%	1.38%
PBR	D	10.24%	1.14%	1.14%
VALE	F	6.86%	0.75%	0.75%

BRAZ Overweight 7 Positions Relative to MEMX

Symbol	Grade	Weight
ITUB	F	8.52%
BBD	D	4.91%
EBR	F	3.34%
SUZ	B	2.8%
ARCO	F	2.09%
ELP	F	1.94%
ABEV	F	1.89%

BRAZ Underweight 14 Positions Relative to MEMX

Symbol	Grade	Weight
TSM	B	-12.65%
IBN	C	-3.07%
HDB	C	-2.54%
BAP	A	-2.16%
KB	B	-1.68%
GLOB	B	-1.55%
GRAB	A	-1.38%
INFY	C	-1.33%
FCX	F	-1.06%
MMYT	B	-1.04%
BCH	C	-0.99%
SE	A	-0.86%
SKM	C	-0.76%
PSMT	D	-0.72%