CWI vs. NUEM ETF Comparison

Comparison of SPDR MSCI ACWI ex-US ETF (CWI) to NuShares ESG Emerging Markets Equity ETF (NUEM)

CWI

SPDR MSCI ACWI ex-US ETF

CWI Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the MSCI All Country World Index ex USA. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.63

Average Daily Volume

156,410

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NUEM

NuShares ESG Emerging Markets Equity ETF

NUEM Description

The investment seeks to track the investment results, before fees and expenses, of the TIAA ESG Emerging Markets Equity Index (the "index"). In seeking to track the investment results of the index, the advisor attempts to replicate the index by investing all, or substantially all, of its assets in the securities represented in the index in approximately the same proportions as the index. The index identifies equity securities from the MSCI Emerging Markets Index that satisfy certain ESG criteria, based on ESG performance data collected by MSCI ESG Research, Inc.

Grade (RS Rating)

Last Trade

$29.66

Average Daily Volume

19,936

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWI	NUEM
30 Days	-3.80%	-4.60%
60 Days	-3.51%	-0.80%
90 Days	-3.73%	0.51%
12 Months	13.36%	10.71%

14 Overlapping Holdings

Symbol	Grade	Weight in CWI	Weight in NUEM	Overlap
ATHM	C	0.01%	0.24%	0.01%
BAP	A	0.08%	0.26%	0.08%
BEKE	D	0.05%	0.08%	0.05%
BGNE	D	0.04%	0.17%	0.04%
BZ	F	0.01%	0.46%	0.01%
CHT	C	0.11%	0.02%	0.02%
GGB	C	0.03%	0.62%	0.03%
HDB	C	0.25%	1.99%	0.25%
KB	B	0.11%	1.15%	0.11%
LI	F	0.05%	0.2%	0.05%
SHG	C	0.09%	0.38%	0.09%
TME	D	0.03%	0.59%	0.03%
UMC	F	0.1%	1.19%	0.1%
VIPS	F	0.03%	0.34%	0.03%

CWI Overweight 75 Positions Relative to NUEM

Symbol	Grade	Weight
TSM	B	3.02%
NVS	F	0.81%
TM	F	0.68%
HSBH	B	0.66%
BABA	D	0.6%
UL	D	0.54%
SHOP	B	0.52%
MUFG	B	0.51%
SONY	B	0.47%
ABBV	F	0.45%
TD	D	0.44%
INFY	C	0.33%
CNI	F	0.32%
PDD	F	0.28%
SMFG	B	0.27%
DEO	F	0.27%
IBN	C	0.27%
BCS	A	0.21%
HMC	F	0.16%
LYG	D	0.16%
MFG	A	0.15%
ITUB	F	0.15%
E	F	0.15%
SE	A	0.14%
TCOM	B	0.13%
VALE	F	0.13%
BIDU	F	0.1%
STLA	F	0.1%
BABA	D	0.09%
RDY	F	0.08%
YUMC	C	0.07%
BBD	D	0.07%
TEVA	C	0.07%
NMR	B	0.07%
ABEV	F	0.06%
PKX	D	0.06%
CHKP	C	0.06%
XRX	F	0.05%
CIB	B	0.05%
WIT	B	0.04%
CIG	C	0.04%
AGCO	D	0.04%
RBA	A	0.04%
WIX	A	0.04%
ENIC	B	0.04%
MT	B	0.04%
CYBR	A	0.04%
HTHT	D	0.03%
NIO	F	0.03%
CSAN	F	0.03%
LOGI	D	0.03%
SQM	D	0.03%
GRAB	A	0.03%
AER	A	0.03%
MNDY	C	0.03%
OTEX	F	0.03%
XPEV	C	0.02%
LEGN	D	0.02%
QFIN	A	0.02%
XPEV	C	0.02%
BRFS	C	0.02%
FUTU	D	0.02%
TAL	F	0.02%
PHI	D	0.02%
KEP	B	0.02%
BILI	D	0.02%
IQ	F	0.01%
VALE	F	0.01%
GLBE	B	0.01%
SBSW	D	0.01%
MBAVU	C	0.01%
BVN	D	0.01%
SID	F	0.01%
QGEN	D	0.0%
SCCO	F	0.0%

CWI Underweight 3 Positions Relative to NUEM

Symbol	Grade	Weight
LPL	D	-0.28%
SKM	C	-0.27%
ERJ	A	-0.15%

CWI: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Banks - Regional - Asia Software - Application Banks - Global Banks - Regional - Latin America Steel Information Technology Services Specialty Retail Biotechnology Capital Markets Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Industrial Metals & Minerals Semiconductors Telecom Services Utilities - Regulated Electric Airports & Air Services Banks - Regional - Europe Beverages - Brewers