INDF vs. XCEM ETF Comparison

Comparison of Nifty India Financials ETF (INDF) to EGShares EM Core ex-China ETF (XCEM)

INDF

Nifty India Financials ETF

INDF Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nifty Financial Services 25/50 Index (the index). The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of companies in the Indian financial market, including banks, financial institutions, housing finance, insurance companies and other financial services companies (Indian Financial Companies).

Grade (RS Rating)

Last Trade

$35.85

Average Daily Volume

2,172

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XCEM

EGShares EM Core ex-China ETF

XCEM Description

The investment seeks investment results that correspond to the EGAI Emerging Markets ex-China IndexSM. The fund will invest at least 80% of its net assets in the companies included in the underlying index and generally expects to be substantially invested at such times, with at least 95% of its net assets invested in these securities. The underlying index is a market capitalization-weighted index designed to provide broad, core emerging markets equity exposure by measuring the stock performance of up to 700 companies across the EGAI Emerging Markets Universe, excluding those listed or domiciled in China and Hong Kong. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.44

Average Daily Volume

222,849

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INDF	XCEM
30 Days	3.04%	-2.45%
60 Days	2.12%	-0.63%
90 Days	4.12%	2.30%
12 Months	12.74%	14.66%

2 Overlapping Holdings

	Symbol	Grade	Weight in INDF	Weight in XCEM	Overlap
	HDB	B	19.57%	1.8%	1.8%
	IBN	A	18.31%	2.33%	2.33%

INDF Overweight 0 Positions Relative to XCEM

	Symbol	Grade	Weight

INDF Underweight 13 Positions Relative to XCEM

Symbol	Grade	Weight
INFY	D	-1.53%
VALE	D	-0.89%
CHT	C	-0.7%
KB	C	-0.57%
ASAI	D	-0.48%
UMC	C	-0.46%
SHG	C	-0.45%
WIT	C	-0.22%
ERJ	A	-0.22%
ABEV	F	-0.17%
GGB	F	-0.15%
SBSW	C	-0.11%
SKM	D	-0.09%

INDF: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia