MEM vs. TDI ETF Comparison

Comparison of Matthews Emerging Markets Equity Active ETF (MEM) to Touchstone Dynamic International ETF (TDI)

MEM

Matthews Emerging Markets Equity Active ETF

MEM Description

The investment seeks long-term capital appreciation. 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 emerging market countries. It seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

Grade (RS Rating)

Last Trade

$32.44

Average Daily Volume

4,041

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TDI

Touchstone Dynamic International ETF

TDI Description

TDI provides broad exposure to the global equity markets outside the US. The fund may include common and preferred stocks, depositary receipts, REITs, as well as other exchange-traded funds. To construct the portfolio, the funds sub-adviser employs the Dynamic Alpha Stock Selection Model, a proprietary quantitative model that seeks to construct a risk-controlled, forward-looking portfolio that adapts to changing market conditions. The model estimates returns based on each securitys risk characteristics through a three-step process that utilizes fundamental data and statistical tools. An optimization process is then used to identify the portfolio of around 100-140 securities with the highest expected return for an acceptable level of risk. The fund rebalances periodically. On December 11, 2023, TDI converted from a mutual fund to an actively managed ETF with $62 million in assets.

Grade (RS Rating)

Last Trade

$29.55

Average Daily Volume

2,062

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MEM	TDI
30 Days	-5.90%	-3.27%
60 Days	5.56%	-1.96%
90 Days	10.59%	5.72%
12 Months	26.62%

2 Overlapping Holdings

	Symbol	Grade	Weight in MEM	Weight in TDI	Overlap
	BAP	B	1.46%	1.39%	1.39%
	PDD	C	0.94%	0.88%	0.88%

MEM Overweight 15 Positions Relative to TDI

Symbol	Grade	Weight
IBN	A	3.67%
HDB	B	2.91%
BABA	B	2.86%
ITUB	F	1.7%
YUMC	A	1.5%
FCX	D	1.45%
MELI	A	1.35%
TCOM	A	1.01%
INFY	D	0.99%
PBR	F	0.94%
NU	C	0.61%
JD	A	0.51%
KB	B	0.5%
ASAI	F	0.44%
SKM	D	0.44%

MEM Underweight 7 Positions Relative to TDI

Symbol	Grade	Weight
NVS	D	-2.28%
SE	B	-2.01%
GOLD	C	-1.58%
XRX	F	-1.3%
MUFG	A	-1.04%
SCCO	B	-0.76%
HSBH	A	-0.41%