GWX vs. VWO ETF Comparison

Comparison of SPDR S&P International SmallCap ETF (GWX) to Vanguard FTSE Emerging Markets ETF (VWO)

GWX

SPDR S&P International SmallCap ETF

GWX 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 Developed Ex-U.S. under USD2 Billion Index. It invests substantially all, but 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 small-cap companies domiciled in developed countries outside the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.07

Average Daily Volume

46,990

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VWO

Vanguard FTSE Emerging Markets ETF

VWO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in emerging market countries. The fund employs an indexing investment approach by investing substantially all (approximately 95%) of its assets in the common stocks included in the FTSE Emerging Index, while employing a form of sampling to reduce risk. The FTSE Emerging Index includes approximately 851 common stocks of companies located in emerging markets around the world. As of May 31, 2013, the largest markets covered in the index were China, Brazil, Taiwan, and India.

Grade (RS Rating)

Last Trade

$43.53

Average Daily Volume

9,262,043

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GWX	VWO
30 Days	0.82%	1.85%
60 Days	-1.26%	4.21%
90 Days	2.76%	6.22%
12 Months	8.70%	14.71%

0 Overlapping Holdings

	Symbol	Grade	Weight in GWX	Weight in VWO	Overlap

GWX Overweight 86 Positions Relative to VWO

Symbol	Grade	Weight
CRTO	B	0.21%
BWLP	B	0.18%
ZIM	B	0.16%
SFL	A	0.14%
SPNS	B	0.13%
PDS	B	0.13%
DHT	A	0.12%
MRUS	B	0.12%
FLNG	C	0.1%
DNN	B	0.1%
BCYC	D	0.09%
IMAX	C	0.09%
RSKD	B	0.09%
FVRR	F	0.09%
FSM	B	0.09%
RDWR	C	0.08%
ABCL	F	0.08%
VRNA	F	0.07%
GSM	B	0.07%
ITRN	C	0.06%
NNOX	D	0.06%
ORLA	B	0.06%
NAT	B	0.06%
NNDM	F	0.05%
DOLE	B	0.05%
SNDL	B	0.05%
JMIA	C	0.05%
TCI	F	0.05%
RENB	F	0.05%
KRNT	F	0.04%
SSYS	F	0.04%
FREY	D	0.04%
ASTL	F	0.04%
NNVC	A	0.04%
AUPH	F	0.04%
CTS	A	0.03%
SKE	C	0.03%
AUTL	F	0.03%
CGNT	C	0.03%
CMPS	D	0.03%
URGN	F	0.03%
CVEO	D	0.03%
GSL	A	0.03%
OPRA	D	0.03%
IREN	D	0.03%
GENI	F	0.03%
MGTX	F	0.02%
LILM	B	0.02%
SILC	C	0.02%
AMRN	F	0.02%
GHRS	B	0.02%
MX	F	0.02%
VMAR	D	0.02%
MGIC	B	0.02%
CRNT	D	0.02%
WTO	C	0.02%
MGNX	D	0.02%
SMMF	B	0.02%
VGR	D	0.02%
IONR	B	0.02%
GCBC	B	0.02%
IPHA	C	0.02%
CHGX	C	0.02%
ADAP	D	0.02%
AUDC	F	0.02%
CALT	D	0.02%
MIST	D	0.01%
IAUX	F	0.01%
HL	B	0.01%
MAXN	F	0.01%
UBCP	D	0.01%
CALX	F	0.01%
RPTX	F	0.01%
INVZ	F	0.01%
ATAI	C	0.01%
SLDB	D	0.01%
NBTX	D	0.01%
LICY	F	0.01%
GROY	C	0.01%
TDCX	C	0.01%
MTLS	D	0.01%
GRVY	D	0.01%
EVTL	F	0.0%
ORMP	F	0.0%
LGO	F	0.0%
DBVT	F	0.0%

GWX Underweight 86 Positions Relative to VWO

Symbol	Grade	Weight
BABA	C	-2.0%
HDB	D	-1.28%
PDD	B	-0.95%
VALE	C	-0.58%
IBN	B	-0.42%
BIDU	C	-0.36%
TCOM	A	-0.32%
TSM	B	-0.24%
LI	F	-0.18%
UMC	C	-0.17%
YUMC	F	-0.16%
ABEV	F	-0.13%
CHT	C	-0.13%
BEKE	B	-0.12%
ASAI	D	-0.11%
BGNE	C	-0.1%
TME	B	-0.1%
NIO	C	-0.08%
WIT	D	-0.08%
BZ	B	-0.08%
XPEV	F	-0.07%
YMM	B	-0.07%
ITUB	D	-0.07%
TAL	B	-0.06%
BCH	A	-0.06%
UMC	C	-0.06%
VIPS	D	-0.06%
CHT	C	-0.05%
ERJ	B	-0.05%
GGB	C	-0.05%
CIB	C	-0.04%
SBSW	D	-0.04%
CSAN	F	-0.04%
BILI	B	-0.04%
QFIN	A	-0.03%
BRFS	B	-0.03%
IQ	C	-0.03%
RDY	C	-0.03%
BSBR	B	-0.02%
HOLI	D	-0.02%
SBS	C	-0.02%
ATHM	B	-0.02%
WIT	D	-0.02%
BBD	F	-0.02%
CAR	D	-0.02%
RLX	B	-0.02%
SID	F	-0.01%
AZUL	F	-0.01%
CIG	B	-0.01%
SQM	D	-0.01%
WB	C	-0.01%
ERJ	B	-0.01%
EH	C	-0.01%
GDS	D	-0.01%
BSAC	D	-0.01%
FINV	B	-0.01%
CSIQ	F	-0.01%
MOMO	C	-0.01%
EC	B	-0.01%
IMOS	D	-0.01%
YY	C	-0.01%
ATAT	F	-0.01%
GOTU	C	-0.01%
SGRP	B	-0.01%
DQ	F	-0.01%
JKS	C	-0.01%
AKO.A	B	-0.01%
ELP	D	-0.01%
ENIC	B	-0.0%
BAOS	F	-0.0%
JEWL	F	-0.0%
CAN	F	-0.0%
DAO	F	-0.0%
ATHM	B	-0.0%
HUYA	B	-0.0%
DDL	C	-0.0%
EBR	D	-0.0%
DADA	F	-0.0%
BAK	F	-0.0%
VNET	C	-0.0%
GGB	C	-0.0%
UBSI	D	-0.0%
SOHU	B	-0.0%
ZH	F	-0.0%
ASAI	D	-0.0%
TUYA	C	-0.0%