EMSF vs. CGRO ETF Comparison

Comparison of Matthews Emerging Markets Sustainable Future Active ETF (EMSF) to CoreValues Alpha Greater China Growth ETF (CGRO)

EMSF

Matthews Emerging Markets Sustainable Future Active ETF

EMSF Description

EMSF actively invests in common and preferred stocks of companies in emerging markets, including countries that may be considered frontier. While the fund has an all-cap exposure, it expects to invest substantially in smaller companies. The fund looks for sustainable growth based on fundamental characteristics such as balance sheet information, size, cash flow stability, and financial health. It also applies various ESG standards, using third-party data and the adviser's proprietary research, to identify investments that potentially contribute to a sustainable future by addressing global environmental and social challenges. The fund also employs exclusionary ESG screens, which avoid controversial businesses such as tobacco, weapons, and fossil fuels. The fund may engage its portfolio companies on sustainability and governance matters through active dialogue, exercising shareholder rights, and encouraging enhanced ESG disclosure.

Grade (RS Rating)

Last Trade

$25.90

Average Daily Volume

2,344

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

CGRO

CoreValues Alpha Greater China Growth ETF

CGRO Description

CGRO aims to benefit from high-growth sectors in Greater China without compromising American values and interests. The fund includes companies of all sizes located or primarily traded in mainland China, Taiwan, and Chinas special administrative regions, such as Hong Kong. The portfolio construction starts with top-down macro research, which utilizes publicly available data to identify sectors with the highest growth potential. The fund also conducts on-the-ground due diligence wherein it gains insights from 15 investment professionals located in China. Lastly, a fundamental bottom-up approach is used to analyze company-specific data such as financial reports and management expertise. The weight of each sector and company is determined by the sub-advisers assessment of its growth potential, which may change over time. The fund may invest in China A-shares, depositary receipts, and issuers listed on exchanges outside China.

Grade (RS Rating)

Last Trade

$22.99

Average Daily Volume

743

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	EMSF	CGRO
30 Days	-5.32%	-4.14%
60 Days	-1.33%	15.18%
90 Days	0.02%	17.48%
12 Months	0.96%	12.82%

1 Overlapping Holdings

	Symbol	Grade	Weight in EMSF	Weight in CGRO	Overlap
	YMM	C	5.31%	2.97%	2.97%

EMSF Overweight 2 Positions Relative to CGRO

	Symbol	Grade	Weight
	LEGN	D	3.91%
	MU	D	2.42%

EMSF Underweight 9 Positions Relative to CGRO

	Symbol	Grade	Weight
	PDD	F	-9.47%
	TCOM	B	-7.4%
	BEKE	D	-4.55%
	BABA	D	-3.58%
	TME	D	-2.54%
	BIDU	F	-2.08%
	LI	F	-1.17%
	BILI	D	-0.91%
	NTES	D	-0.35%

EMSF: Top Represented Industries & Keywords

Industries: Biotechnology Semiconductor Memory Software - Application

Keywords: Automotive Applications CMOS Camera Cancer Cargo Cell Therapy Computer Data Computer Data Storage Computer Memory Computer Storage Devices Computing Consumer Applications Consumer Devices Consumer Electronics DDR3 SDRAM Dynamic Random Access Memory Flash Flash Memory Flash Memory Products Freight Transport

CGRO: Top Represented Industries & Keywords

Industries: Internet Content & Information Specialty Retail Auto Manufacturers Leisure Real Estate Services Software - Application

Keywords: Nasdaq 100 E-Commerce Advertising Services Entertainment Services Games Internet In China Online Advertising Online Entertainment Transport Advertising Inventory Airline Tickets Broadcasting Cargo Cloud Computing Communication Services Computing Platform Consumer Behaviour Consumer Marketplace Corporate Travel Management Data Management Platform