MFEM vs. AVXC ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) to Avantis Emerging Markets ex-China Equity ETF (AVXC)

MFEM

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

MFEM Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$19.65

Average Daily Volume

11,439

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVXC

Avantis Emerging Markets ex-China Equity ETF

AVXC Description

AVXC aims to achieve long-term capital growth by investing in a varied selection of companies from emerging markets, with China being a notable exception. It prioritizes companies with smaller market capitalizations that exhibit strong profitability and value characteristics. The manager utilizes financial data and market information to identify suitable securities, focusing on metrics like adjusted book/price and cash from operations to book value ratios. Additional factors considered include industry classification, historical performance, liquidity, among others. Security weightings are determined based on market capitalization and potential for returns relative to its peers. AVXC adjusts its holdings according to desired characteristics and may reduce exposure or sell if criteria are not met, considering past performance, expected returns, implementation costs, and tax implications. The fund has the capability to invest in foreign-denominated securities and partake in securities lending activities.

Grade (RS Rating)

Last Trade

$51.21

Average Daily Volume

16,779

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MFEM	AVXC
30 Days	-3.93%	-4.23%
60 Days	0.13%	-4.83%
90 Days	-1.09%	-5.42%
12 Months	12.03%

15 Overlapping Holdings

Symbol	Grade	Weight in MFEM	Weight in AVXC	Overlap
AKO.A	F	0.02%	0.06%	0.02%
BCH	C	0.16%	0.11%	0.11%
BRFS	C	0.13%	0.06%	0.06%
CAR	C	0.05%	0.11%	0.05%
CHT	C	0.4%	0.11%	0.11%
GGB	C	0.15%	0.16%	0.15%
KB	B	0.42%	0.53%	0.42%
KEP	B	0.32%	0.05%	0.05%
KT	A	0.33%	0.03%	0.03%
LPL	D	0.13%	0.12%	0.12%
SBSW	D	0.11%	0.17%	0.11%
SGRP	D	0.09%	0.08%	0.08%
SHG	C	0.68%	0.37%	0.37%
SKM	C	0.27%	0.08%	0.08%
VALE	F	0.54%	0.68%	0.54%

MFEM Overweight 8 Positions Relative to AVXC

Symbol	Grade	Weight
TME	D	0.46%
PDD	F	0.25%
VIPS	F	0.23%
YUMC	C	0.1%
FN	C	0.09%
SBLK	F	0.05%
SIMO	D	0.04%
ZTO	F	0.04%

MFEM Underweight 55 Positions Relative to AVXC

Symbol	Grade	Weight
TSM	B	-8.36%
INFY	C	-0.9%
HDB	C	-0.78%
IBN	C	-0.47%
PBR	D	-0.44%
ITUB	F	-0.41%
ASX	D	-0.32%
BBD	D	-0.3%
BAP	A	-0.3%
UMC	F	-0.27%
ERJ	A	-0.22%
RDY	F	-0.21%
GFI	D	-0.21%
PAC	B	-0.18%
NU	C	-0.18%
SUZ	B	-0.16%
CIG	C	-0.16%
FMX	F	-0.15%
EBR	F	-0.14%
ASAI	F	-0.13%
SBS	B	-0.13%
TLK	D	-0.13%
SCCO	F	-0.11%
WIT	B	-0.1%
ABEV	F	-0.1%
CX	F	-0.1%
HMY	D	-0.1%
VIV	F	-0.09%
TWI	F	-0.09%
TKC	B	-0.09%
ASR	D	-0.09%
TV	F	-0.08%
CSAN	F	-0.08%
SQM	D	-0.08%
OMAB	D	-0.08%
PKX	D	-0.06%
XP	F	-0.06%
IFS	A	-0.06%
SID	F	-0.05%
VLRS	B	-0.05%
BSBR	F	-0.04%
UGP	F	-0.04%
SSL	F	-0.04%
PHI	D	-0.04%
CIB	B	-0.04%
PAGS	F	-0.04%
CCU	D	-0.04%
BSAC	C	-0.03%
PAX	C	-0.02%
EC	D	-0.02%
BAK	F	-0.02%
BVN	D	-0.02%
IMOS	F	-0.01%
AZUL	F	-0.0%
SHPH	F	-0.0%