FLBR vs. NUEM ETF Comparison

Comparison of Franklin FTSE Brazil ETF (FLBR) to NuShares ESG Emerging Markets Equity ETF (NUEM)

FLBR

Franklin FTSE Brazil ETF

FLBR Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Brazil RIC Capped Index (the FTSE Brazil Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Brazil Capped Index and in depositary receipts representing such securities. The FTSE Brazil Capped Index is based on the FTSE Brazil Index and is designed to measure the performance of Brazilian large- and mid-capitalization stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.13

Average Daily Volume

44,062

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

$28.89

Average Daily Volume

30,135

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FLBR	NUEM
30 Days	2.80%	4.66%
60 Days	0.26%	2.02%
90 Days	-0.87%	5.01%
12 Months	14.82%	4.35%

2 Overlapping Holdings

	Symbol	Grade	Weight in FLBR	Weight in NUEM	Overlap
	CSAN	F	0.82%	0.19%	0.19%
	GGB	C	1.13%	0.7%	0.7%

FLBR Overweight 5 Positions Relative to NUEM

Symbol	Grade	Weight
VALE	C	11.4%
ABEV	F	2.52%
ASAI	F	2.12%
ERJ	A	1.13%
BRFS	B	0.51%

FLBR Underweight 16 Positions Relative to NUEM

Symbol	Grade	Weight
BABA	C	-3.26%
HDB	D	-1.91%
BIDU	D	-1.55%
KB	B	-0.71%
LI	F	-0.49%
SHG	B	-0.48%
YUMC	D	-0.38%
UMC	B	-0.28%
BAP	C	-0.26%
VIPS	D	-0.21%
SKM	C	-0.21%
BZ	A	-0.13%
ZTO	C	-0.1%
KT	C	-0.08%
CHT	C	-0.03%
LPL	D	-0.01%

FLBR: Top Represented Industries & Keywords

Industries: Aerospace & Defense Beverages - Brewers Grocery Stores Industrial Metals & Minerals Oil & Gas Refining & Marketing Packaged Foods Steel