EMQQ vs. CWI ETF Comparison

Comparison of Emerging Markets Internet and Ecommerce ETF (The) (EMQQ) to SPDR MSCI ACWI ex-US ETF (CWI)

EMQQ

Emerging Markets Internet and Ecommerce ETF (The)

EMQQ Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of EMQQ The Emerging Markets Internet & Ecommerce IndexTM (the "Index"). The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of an investable universe of publicly-traded, emerging market internet and ecommerce companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

53,482

Number of Holdings ^*

37

* may have additional holdings in another (foreign) market

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

$27.66

Average Daily Volume

220,652

Number of Holdings ^*

86

* may have additional holdings in another (foreign) market

Performance

Period	EMQQ	CWI
30 Days	3.19%	-2.30%
60 Days	5.60%	-0.50%
90 Days	11.82%	2.98%
12 Months	13.08%	10.02%

16 Overlapping Holdings

	Symbol	Grade	Weight in EMQQ	Weight in CWI	Overlap
	BABA	C	7.49%	0.47%	0.47%
	BABA	C	7.49%	0.07%	0.07%
	BEKE	A	1.0%	0.04%	0.04%
	BIDU	C	2.91%	0.11%	0.11%
	BILI	B	0.3%	0.01%	0.01%
	BZ	A	0.65%	0.02%	0.02%
	FUTU	A	0.52%	0.01%	0.01%
	GRAB	A	0.71%	0.02%	0.02%
	IQ	A	0.21%	0.01%	0.01%
	PDD	A	6.63%	0.29%	0.29%
	QFIN	A	0.28%	0.01%	0.01%
	SE	A	3.27%	0.08%	0.08%
	TCOM	A	2.99%	0.1%	0.1%
	TME	A	0.8%	0.04%	0.04%
	VIPS	F	0.58%	0.04%	0.04%
	YNDX	C	0.69%	0.0%	0.0%

EMQQ Overweight 22 Positions Relative to CWI

	Symbol	Grade	Weight
	MELI	C	6.61%
	CPNG	A	2.81%
	NU	C	2.76%
	XP	F	0.77%
	YMM	A	0.76%
	STNE	C	0.41%
	MMYT	A	0.4%
	FRSH	D	0.31%
	PAGS	C	0.26%
	DLO	F	0.12%
	MOMO	C	0.09%
	FINV	B	0.08%
	DESP	B	0.07%
	KC	D	0.07%
	DADA	F	0.05%
	TIGR	D	0.05%
	AFYA	D	0.04%
	VTEX	D	0.04%
	HUYA	A	0.04%
	YALA	D	0.04%
	JMIA	D	0.04%
	VNET	D	0.02%

EMQQ Underweight 70 Positions Relative to CWI

	Symbol	Grade	Weight
	TSM	C	-2.26%
	TM	D	-0.94%
	NVS	B	-0.81%
	TD	D	-0.5%
	UL	A	-0.47%
	MUFG	D	-0.46%
	ABBV	D	-0.44%
	SONY	F	-0.43%
	CNI	D	-0.41%
	DEO	F	-0.34%
	SHOP	D	-0.33%
	INFY	D	-0.28%
	IBN	A	-0.25%
	HMC	D	-0.22%
	STLA	D	-0.2%
	SMFG	C	-0.2%
	HDB	B	-0.19%
	E	B	-0.18%
	VALE	D	-0.17%
	ITUB	D	-0.16%
	BCS	A	-0.16%
	LYG	A	-0.15%
	CHT	C	-0.12%
	UMC	D	-0.11%
	MFG	D	-0.1%
	KB	B	-0.1%
	PKX	D	-0.09%
	NMR	D	-0.08%
	BBD	F	-0.08%
	RDY	B	-0.08%
	SHG	B	-0.07%
	BAP	C	-0.07%
	LI	D	-0.06%
	TEVA	B	-0.06%
	YUMC	F	-0.06%
	CHKP	D	-0.06%
	ABEV	F	-0.06%
	ENIC	B	-0.05%
	MT	D	-0.05%
	AGCO	D	-0.05%
	CIB	C	-0.05%
	SQM	D	-0.04%
	CYBR	D	-0.04%
	CIG	B	-0.04%
	OTEX	F	-0.04%
	TAL	D	-0.03%
	ZTO	B	-0.03%
	HTHT	B	-0.03%
	WIX	D	-0.03%
	BGNE	C	-0.03%
	GGB	F	-0.03%
	LOGI	D	-0.03%
	CSAN	F	-0.03%
	WIT	D	-0.03%
	RBA	C	-0.03%
	XRX	F	-0.03%
	LEGN	F	-0.02%
	MNDY	C	-0.02%
	BVN	A	-0.02%
	KEP	C	-0.02%
	PHI	B	-0.02%
	SID	F	-0.02%
	NIO	D	-0.02%
	VALE	D	-0.01%
	XPEV	F	-0.01%
	ATHM	D	-0.01%
	XPEV	F	-0.01%
	SBSW	D	-0.01%
	ZLAB	F	-0.01%
	QGEN	B	-0.0%

EMQQ: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Specialty Retail Capital Markets Leisure Credit Services Internet Retail Software - Infrastructure Banks - Diversified Education & Training Services Electronic Gaming & Multimedia Information Technology Services Media - Diversified Real Estate Services Staffing & Employment Services

Keywords: E Commerce E-Commerce Fintech Nasdaq 100 Payment Systems Advertising Services Cloud Storage Games Mobile Devices Online Payments Online Shopping Website Airline Tickets Bank Big Data Broadcasting Cloud Computing Cloud Infrastructure Computing Concurrent Computing

CWI: Top Represented Industries & Keywords

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

Keywords: Banking Bank Investment Banking Financial Products Investment Banking Services Investment Bank Investment Product Telecommunications Transport Cars Cash Management Commercial Banking Currency Insurance Products Pharmaceutical Structured Finance Advertising Services Asset Management Asset Management Services Corporate Banking