GEM vs. DFAE ETF Comparison

Comparison of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) to Dimensional Emerging Core Equity Market ETF (DFAE)

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$33.16

Average Daily Volume

68,074

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFAE

Dimensional Emerging Core Equity Market ETF

DFAE Description

The investment objective of the Dimensional Emerging Core Equity Market ETF is to achieve long-term capital appreciation.

Grade (RS Rating)

Last Trade

$25.87

Average Daily Volume

701,294

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	GEM	DFAE
30 Days	-3.80%	-3.69%
60 Days	-1.37%	-1.93%
90 Days	-1.13%	-2.38%
12 Months	12.15%	12.24%

52 Overlapping Holdings

Symbol	Grade	Weight in GEM	Weight in DFAE	Overlap
ABEV	F	0.07%	0.0%	0.0%
ABEV	F	0.07%	0.05%	0.05%
ASAI	F	0.04%	0.01%	0.01%
ASAI	F	0.04%	0.06%	0.04%
BABA	D	1.93%	0.17%	0.17%
BABA	D	1.93%	1.7%	1.7%
BAP	B	0.08%	0.09%	0.08%
BCH	F	0.09%	0.03%	0.03%
BCH	F	0.09%	0.01%	0.01%
BGNE	D	0.11%	0.05%	0.05%
BGNE	D	0.11%	0.01%	0.01%
BIDU	F	0.15%	0.26%	0.15%
BIDU	F	0.15%	0.05%	0.05%
BRFS	D	0.04%	0.0%	0.0%
BRFS	D	0.04%	0.02%	0.02%
CHT	D	0.06%	0.06%	0.06%
CHT	D	0.06%	0.05%	0.05%
CSAN	F	0.04%	0.04%	0.04%
CSAN	F	0.04%	0.0%	0.0%
ERJ	B	0.05%	0.04%	0.04%
ERJ	B	0.05%	0.07%	0.05%
GGB	C	0.09%	0.01%	0.01%
GGB	C	0.09%	0.05%	0.05%
HDB	C	0.46%	0.2%	0.2%
HDB	C	0.46%	0.51%	0.46%
IBN	C	0.8%	0.2%	0.2%
IBN	C	0.8%	0.7%	0.7%
IQ	F	0.03%	0.02%	0.02%
KB	B	0.27%	0.26%	0.26%
KB	B	0.27%	0.05%	0.05%
KEP	B	0.04%	0.01%	0.01%
KEP	B	0.04%	0.04%	0.04%
LI	F	0.06%	0.03%	0.03%
LI	F	0.06%	0.13%	0.06%
LPL	F	0.04%	0.0%	0.0%
LPL	F	0.04%	0.04%	0.04%
PDD	F	0.75%	0.74%	0.74%
SHG	D	0.2%	0.02%	0.02%
SHG	D	0.2%	0.21%	0.2%
SKM	D	0.22%	0.01%	0.01%
SKM	D	0.22%	0.05%	0.05%
TCOM	B	0.18%	0.07%	0.07%
TCOM	B	0.18%	0.34%	0.18%
TME	D	0.1%	0.07%	0.07%
UMC	F	0.18%	0.05%	0.05%
UMC	F	0.18%	0.1%	0.1%
VALE	F	0.41%	0.28%	0.28%
VALE	F	0.41%	0.06%	0.06%
VIPS	F	0.2%	0.09%	0.09%
WIT	A	0.21%	0.01%	0.01%
WIT	A	0.21%	0.09%	0.09%
YUMC	C	0.24%	0.24%	0.24%

GEM Overweight 11 Positions Relative to DFAE

Symbol	Grade	Weight
QFIN	B	0.2%
NU	C	0.14%
SCCO	F	0.09%
KT	A	0.09%
ATHM	D	0.07%
TAL	F	0.06%
BEKE	D	0.05%
XP	F	0.05%
BVN	F	0.03%
PAGS	F	0.03%
BZ	F	0.03%

GEM Underweight 56 Positions Relative to DFAE

Symbol	Grade	Weight
INFY	B	-0.39%
GFI	D	-0.14%
RDY	F	-0.11%
XPEV	C	-0.1%
PAC	B	-0.1%
NIO	F	-0.08%
CX	D	-0.07%
NTES	D	-0.07%
FMX	F	-0.06%
ASR	D	-0.05%
BILI	D	-0.05%
SQM	F	-0.05%
SBSW	D	-0.05%
CIB	B	-0.04%
GDS	C	-0.04%
CAR	C	-0.04%
HMY	D	-0.04%
KOF	F	-0.03%
PKX	F	-0.03%
PBR	C	-0.03%
BBD	D	-0.02%
BSAC	F	-0.02%
CIG	C	-0.02%
SGRP	D	-0.02%
ITUB	F	-0.02%
VIV	F	-0.02%
ASX	D	-0.02%
ELP	F	-0.01%
OMAB	D	-0.01%
EBR	F	-0.01%
UGP	F	-0.01%
HTHT	D	-0.01%
IMOS	F	-0.01%
TLK	D	-0.01%
SUZ	C	-0.01%
WF	C	-0.01%
SBS	B	-0.01%
JD	D	-0.01%
JKS	F	-0.01%
BAK	F	-0.0%
PDSB	F	-0.0%
LGHT	D	-0.0%
BSBR	F	-0.0%
IMOS	F	-0.0%
IFS	B	-0.0%
MGNX	F	-0.0%
BAOS	F	-0.0%
PHI	D	-0.0%
BILI	D	-0.0%
BZUN	F	-0.0%
VNET	B	-0.0%
ZLAB	C	-0.0%
AKO.A	F	-0.0%
SLDB	F	-0.0%
ZTO	F	-0.0%
SHPH	F	-0.0%