FRDM vs. SMH ETF Comparison

Comparison of Freedom 100 Emerging Markets ETF (FRDM) to Market Vectors Semiconductor ETF (SMH)

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

SMH

Market Vectors Semiconductor ETF

SMH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (the "Semiconductor Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$244.62

Average Daily Volume

5,951,095

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FRDM	SMH
30 Days	-5.35%	-1.76%
60 Days	-3.82%	2.37%
90 Days	-5.50%	-1.52%
12 Months	10.34%	50.89%

1 Overlapping Holdings

	Symbol	Grade	Weight in FRDM	Weight in SMH	Overlap
	TSM	B	11.87%	13.2%	11.87%

FRDM Overweight 15 Positions Relative to SMH

Symbol	Grade	Weight
SQM	F	3.22%
BCH	F	2.72%
VALE	F	1.5%
CHT	D	1.06%
UMC	F	1.03%
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 24 Positions Relative to SMH

Symbol	Grade	Weight
NVDA	C	-23.17%
AVGO	D	-7.69%
AMD	F	-4.48%
TXN	C	-4.45%
QCOM	F	-4.3%
INTC	D	-4.15%
ASML	F	-4.02%
AMAT	F	-3.99%
MU	D	-3.91%
ADI	D	-3.77%
LRCX	F	-3.53%
KLAC	D	-3.21%
SNPS	B	-3.14%
CDNS	B	-3.03%
MRVL	B	-2.53%
NXPI	D	-1.82%
MCHP	D	-1.3%
MPWR	F	-0.98%
ON	D	-0.88%
STM	F	-0.78%
TER	D	-0.58%
SWKS	F	-0.5%
OLED	D	-0.3%
QRVO	F	-0.23%