FRDM vs. EWT ETF Comparison

Comparison of Freedom 100 Emerging Markets ETF (FRDM) to iShares MSCI Taiwan Index Fund (EWT)

FRDM

Freedom 100 Emerging Markets ETF

FRDM Description

The investment seeks to track the total return performance, before fees and expenses, of the Freedom 100 Emerging Markets Index (the index). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index is designed to track the performance of a portfolio of approximately 100 equity securities listed in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.95

Average Daily Volume

139,343

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EWT

iShares MSCI Taiwan Index Fund

EWT Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan Index (the "underlying index"). The fund will at all times invest at least 80% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The underlying index consists of stocks traded primarily on the Taiwan Stock Exchange. Components primarily include financial, information technology and materials companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.24

Average Daily Volume

2,914,505

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRDM	EWT
30 Days	-5.35%	-2.45%
60 Days	-3.82%	1.35%
90 Days	-5.50%	-0.29%
12 Months	10.34%	21.66%

2 Overlapping Holdings

	Symbol	Grade	Weight in FRDM	Weight in EWT	Overlap
	CHT	D	1.06%	1.3%	1.06%
	UMC	F	1.03%	1.4%	1.03%

FRDM Overweight 14 Positions Relative to EWT

Symbol	Grade	Weight
TSM	B	11.87%
SQM	F	3.22%
BCH	F	2.72%
VALE	F	1.5%
ITUB	F	0.92%
PKX	F	0.79%
GFI	D	0.71%
BSBR	F	0.55%
CCU	D	0.37%
FMX	F	0.29%
SSL	F	0.19%
CX	D	0.14%
BBD	D	0.11%
ASR	D	0.08%

FRDM Underweight 0 Positions Relative to EWT

	Symbol	Grade	Weight