BRF vs. EMC ETF Comparison

Comparison of Market Vectors Brazil Small-Cap ETF (BRF) to Global X Emerging Markets Great Consumer ETF (EMC)

BRF

Market Vectors Brazil Small-Cap ETF

BRF Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market VectorsÂ® Brazil Small-Cap Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Brazil Small-Cap Index is comprised of securities of Brazilian small-capitalization companies. A company is considered to be a Brazilian company if it is incorporated in Brazil or generates at least 50% of its revenues (or, in certain circumstances, has at least 50% of its assets) in Brazil. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.63

Average Daily Volume

3,830

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

$26.53

Average Daily Volume

27,360

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BRF	EMC
30 Days	-2.43%	-2.89%
60 Days	-6.13%	-2.89%
90 Days	-11.98%	-1.70%
12 Months	-14.65%	9.10%

1 Overlapping Holdings

	Symbol	Grade	Weight in BRF	Weight in EMC	Overlap
	ARCO	F	2.5%	0.49%	0.49%

BRF Overweight 7 Positions Relative to EMC

Symbol	Grade	Weight
AGRO	D	1.33%
EE	A	0.98%
VTEX	D	0.78%
AZUL	F	0.78%
VINP	C	0.7%
AFYA	D	0.57%
ITRN	B	0.49%

BRF Underweight 13 Positions Relative to EMC

Symbol	Grade	Weight
TSM	B	-9.87%
IBN	C	-3.46%
TCOM	B	-2.62%
BABA	D	-1.87%
HDB	C	-1.51%
PDD	F	-1.32%
ITUB	F	-1.18%
MMYT	B	-1.07%
TME	D	-0.97%
NU	C	-0.97%
YUMC	C	-0.53%
MELI	D	-0.53%
GFI	D	-0.44%

BRF: Top Represented Industries & Keywords

Industries: Airlines Asset Management Communication Equipment Education & Training Services Farm Products Restaurants Software - Application Utilities - Renewable