JPAN vs. AADR ETF Comparison

Comparison of Matthews Japan Active ETF (JPAN) to WCM BNY Mellon Focused Growth ADR ETF (AADR)

JPAN

Matthews Japan Active ETF

JPAN Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Japan.

Grade (RS Rating)

Last Trade

$30.30

Average Daily Volume

1,120

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$67.36

Average Daily Volume

901

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JPAN	AADR
30 Days	-2.12%	2.53%
60 Days	-5.10%	6.09%
90 Days	-2.49%	9.67%
12 Months	21.42%	31.09%

2 Overlapping Holdings

	Symbol	Grade	Weight in JPAN	Weight in AADR	Overlap
	MUFG	B	5.06%	3.6%	3.6%
	SMFG	B	2.94%	2.54%	2.54%

JPAN Overweight 1 Positions Relative to AADR

	Symbol	Grade	Weight
	SONY	B	4.93%

JPAN Underweight 24 Positions Relative to AADR

Symbol	Grade	Weight
YPF	A	-6.36%
GGAL	A	-5.56%
NVO	D	-4.85%
BMA	B	-4.69%
ERJ	B	-4.36%
PAM	A	-3.96%
ABBV	F	-3.64%
QFIN	A	-3.05%
SAP	A	-3.04%
VRNA	A	-2.9%
BCS	A	-2.74%
RELX	D	-2.72%
BBVA	D	-2.68%
MELI	C	-2.68%
SE	A	-2.63%
ERIC	B	-2.58%
HMY	C	-2.49%
TSM	C	-2.36%
ING	D	-2.13%
TEVA	C	-2.13%
CHKP	C	-2.09%
NVS	D	-2.03%
FUTU	C	-1.79%
TCOM	B	-1.74%

JPAN: Top Represented Industries & Keywords

Industries: Banks - Global Consumer Electronics