GMF vs. FNDE ETF Comparison

Comparison of SPDR S&P Emerging Asia Pacific ETF (GMF) to Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE)

GMF

SPDR S&P Emerging Asia Pacific ETF

GMF Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P Asia Pacific Emerging BMI Index. It generally invests at least 80% of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging Asian Pacific markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$116.67

Average Daily Volume

19,583

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNDE

Schwab Fundamental Emerging Markets Large Company Index ETF

FNDE Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Emerging Markets Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 80% of its net assets in stocks included in the index, including depositary receipts representing securities of the index. It may invest up to 20% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$30.60

Average Daily Volume

631,137

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GMF	FNDE
30 Days	-4.50%	-3.77%
60 Days	0.55%	0.36%
90 Days	3.00%	0.79%
12 Months	19.78%	18.92%

13 Overlapping Holdings

Symbol	Grade	Weight in GMF	Weight in FNDE	Overlap
BABA	D	2.29%	2.79%	2.29%
BEKE	D	0.16%	0.07%	0.07%
BIDU	F	0.35%	0.37%	0.35%
CHT	D	0.19%	0.28%	0.19%
HDB	C	1.59%	0.44%	0.44%
IBN	C	1.22%	0.33%	0.33%
IBN	C	0.0%	0.33%	0.0%
PDD	F	1.1%	0.08%	0.08%
UMC	F	0.32%	0.35%	0.32%
VIPS	F	0.08%	0.26%	0.08%
WIT	A	0.32%	0.14%	0.14%
YUMC	C	0.31%	0.33%	0.31%
ZTO	F	0.17%	0.06%	0.06%

GMF Overweight 41 Positions Relative to FNDE

Symbol	Grade	Weight
TSM	B	9.03%
INFY	B	1.08%
TCOM	B	0.44%
MMYT	B	0.21%
LI	F	0.18%
BGNE	D	0.16%
XPEV	C	0.1%
NIO	F	0.09%
BILI	D	0.07%
TAL	F	0.07%
YMM	C	0.06%
LEGN	F	0.05%
SIMO	D	0.04%
TME	D	0.04%
BZ	F	0.04%
YY	C	0.03%
QFIN	B	0.03%
ATHM	D	0.03%
TIGR	D	0.02%
MOMO	D	0.02%
HIMX	F	0.02%
RLX	C	0.02%
MNSO	F	0.02%
GDS	C	0.02%
NOAH	D	0.01%
QD	C	0.01%
VNET	B	0.01%
WB	D	0.01%
BTBT	C	0.01%
JKS	F	0.01%
IQ	F	0.01%
SOHU	F	0.01%
DQ	F	0.01%
DADA	F	0.0%
NIU	F	0.0%
API	C	0.0%
CAN	C	0.0%
TUYA	F	0.0%
HUYA	F	0.0%
LX	C	0.0%
GOTU	F	0.0%

GMF Underweight 7 Positions Relative to FNDE

Symbol	Grade	Weight
VALE	F	-1.8%
JD	D	-0.76%
GGB	C	-0.3%
SBSW	D	-0.27%
ABEV	F	-0.22%
BCH	F	-0.1%
EC	D	-0.05%