EWX vs. MFEM ETF Comparison

Comparison of SPDR S&P Emerging Markets Small Cap ETF (EWX) to PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM)
EWX

SPDR S&P Emerging Markets Small Cap ETF

EWX Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the small capitalization segment of global emerging market countries. The fund employs a sampling strategy in seeking to track the performance of the S&P® Emerging Markets Under USD2 Billion Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$58.04

Average Daily Volume

96,895

Number of Holdings *

56

* may have additional holdings in another (foreign) market
MFEM

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

MFEM Description The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$20.10

Average Daily Volume

10,912

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period EWX MFEM
30 Days 2.63% 2.91%
60 Days 2.94% 4.02%
90 Days 7.98% 7.74%
12 Months 17.14% 13.66%
4 Overlapping Holdings
Symbol Grade Weight in EWX Weight in MFEM Overlap
CAR D 0.15% 0.04% 0.04%
SBLK A 0.17% 0.03% 0.03%
SGRP B 0.07% 0.06% 0.06%
SIMO D 0.22% 0.05% 0.05%
EWX Overweight 52 Positions Relative to MFEM
Symbol Grade Weight
HOLI D 0.12%
DAC A 0.09%
JKS D 0.09%
MOMO C 0.08%
GOTU C 0.08%
NOAH B 0.07%
IMOS D 0.07%
FINV B 0.07%
HIMX D 0.06%
EH B 0.06%
CMRE A 0.06%
TNP A 0.05%
AFYA D 0.04%
GPRK B 0.04%
QD A 0.04%
HUYA B 0.04%
VTEX D 0.04%
SB A 0.04%
GASS B 0.03%
DSX C 0.03%
YALA D 0.03%
NEXA B 0.03%
TIGR D 0.03%
VINP D 0.03%
GRIN A 0.03%
DADA D 0.02%
API D 0.02%
SOHU B 0.02%
HEPS D 0.02%
BWMX D 0.02%
TUYA C 0.02%
RERE B 0.02%
ZH F 0.02%
BLTE C 0.02%
CINT F 0.01%
DDL C 0.01%
PDSB F 0.01%
FNGR C 0.01%
BTBT F 0.01%
CAN F 0.01%
LX D 0.01%
VTRU F 0.01%
VNET D 0.01%
WDH F 0.01%
FANH F 0.01%
SHPH D 0.01%
IMAB F 0.0%
DAO F 0.0%
CBAT B 0.0%
SOL F 0.0%
YI F 0.0%
NIU C 0.0%
EWX Underweight 25 Positions Relative to MFEM
Symbol Grade Weight
NTES C -0.71%
VALE D -0.63%
SHG C -0.44%
TME A -0.42%
CHT C -0.36%
KB B -0.34%
PDD B -0.31%
KT D -0.29%
KEP D -0.26%
SKM D -0.25%
GGB D -0.19%
BCH A -0.16%
ZTO B -0.16%
LPL D -0.15%
VIPS D -0.14%
LI F -0.13%
BRFS B -0.13%
WIT D -0.12%
SBSW D -0.12%
YUMC F -0.08%
ASAI D -0.07%
FN D -0.06%
NIO D -0.03%
AKO.A B -0.02%
PAC A -0.02%
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