QEFA vs. VEU ETF Comparison

Comparison of SPDR EURO STOXX Small Cap ETF (QEFA) to Vanguard FTSE All World Ex US ETF (VEU)

QEFA

SPDR EURO STOXX Small Cap ETF

QEFA Description

The investment seeks to track the performance of the MSCI EAFE (Europe, Australasia, Far East) Quality Mix Index. The index captures large- and mid-cap representation across 22 developed market Europe, Australasia, and Far East countries and aims to represent the performance of value, low volatility, and quality factor strategies. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$74.78

Average Daily Volume

25,971

Number of Holdings ^*

26

* may have additional holdings in another (foreign) market

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$59.19

Average Daily Volume

2,076,190

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

Performance

Period	QEFA	VEU
30 Days	-2.84%	-2.58%
60 Days	-6.29%	-4.08%
90 Days	-6.48%	-3.78%
12 Months	9.95%	12.95%

20 Overlapping Holdings

	Symbol	Grade	Weight in QEFA	Weight in VEU	Overlap
	ABBV	D	0.58%	0.31%	0.31%
	AGCO	D	0.02%	0.02%	0.02%
	BCS	C	0.31%	0.16%	0.16%
	DEO	F	0.42%	0.24%	0.24%
	E	F	0.37%	0.12%	0.12%
	HMC	F	0.18%	0.17%	0.17%
	HSBH	B	0.68%	0.59%	0.59%
	LOGI	D	0.08%	0.04%	0.04%
	LYG	F	0.24%	0.15%	0.15%
	MBAVU	D	0.02%	0.02%	0.02%
	MFG	B	0.47%	0.18%	0.18%
	MUFG	B	0.49%	0.41%	0.41%
	NMR	B	0.05%	0.05%	0.05%
	NVS	D	1.84%	0.77%	0.77%
	QGEN	D	0.23%	0.03%	0.03%
	SMFG	B	0.37%	0.27%	0.27%
	SONY	B	0.22%	0.37%	0.22%
	STLA	F	0.34%	0.1%	0.1%
	TM	D	0.39%	0.71%	0.39%
	UL	D	1.47%	0.52%	0.52%

QEFA Overweight 6 Positions Relative to VEU

	Symbol	Grade	Weight
	CHKP	D	0.38%
	MT	B	0.13%
	CCEP	C	0.08%
	AER	B	0.04%
	SE	B	0.02%
	TEVA	D	0.0%

QEFA Underweight 86 Positions Relative to VEU

	Symbol	Grade	Weight
	BABA	D	-0.72%
	HDB	C	-0.4%
	TD	F	-0.34%
	SHOP	B	-0.33%
	PDD	F	-0.3%
	IBN	C	-0.21%
	CNI	D	-0.21%
	WCN	A	-0.16%
	FLUT	A	-0.14%
	VALE	F	-0.12%
	INFY	B	-0.12%
	TCOM	B	-0.12%
	GOLD	D	-0.11%
	BIDU	F	-0.09%
	SW	A	-0.09%
	ITUB	F	-0.06%
	YUMC	C	-0.06%
	BEKE	D	-0.05%
	LI	F	-0.05%
	XRX	F	-0.05%
	KB	B	-0.04%
	SHG	D	-0.04%
	KB	B	-0.04%
	BGNE	D	-0.04%
	XPEV	C	-0.03%
	CHT	D	-0.03%
	BBD	D	-0.03%
	UMC	F	-0.03%
	VALE	F	-0.03%
	TME	D	-0.03%
	UMC	F	-0.03%
	PKX	F	-0.03%
	AEI	D	-0.02%
	BZ	F	-0.02%
	TAL	F	-0.02%
	VIPS	F	-0.02%
	BCH	F	-0.02%
	WIT	A	-0.02%
	ABEV	F	-0.02%
	ERJ	B	-0.02%
	BILI	D	-0.02%
	NIO	F	-0.02%
	ASAI	F	-0.02%
	YMM	C	-0.02%
	SHG	D	-0.02%
	PBR	C	-0.02%
	CHT	D	-0.02%
	ATHM	D	-0.01%
	GGB	C	-0.01%
	GDS	C	-0.01%
	SQM	F	-0.01%
	BSAC	F	-0.01%
	LPL	F	-0.01%
	GGB	C	-0.01%
	RDY	F	-0.01%
	CSAN	F	-0.01%
	KEP	B	-0.01%
	BRFS	D	-0.01%
	SBSW	D	-0.01%
	TSM	B	-0.01%
	CIB	B	-0.01%
	ABEV	F	-0.01%
	CX	D	-0.01%
	QFIN	B	-0.01%
	WIT	A	-0.01%
	ATHM	D	-0.0%
	JEWL	F	-0.0%
	BAK	F	-0.0%
	ASAI	F	-0.0%
	ENIC	D	-0.0%
	ELP	F	-0.0%
	SID	F	-0.0%
	TS	B	-0.0%
	WB	D	-0.0%
	TAK	F	-0.0%
	EC	D	-0.0%
	MNTX	C	-0.0%
	VIV	F	-0.0%
	CIG	C	-0.0%
	YY	C	-0.0%
	DQ	F	-0.0%
	PIXY	F	-0.0%
	AKO.A	F	-0.0%
	IQ	F	-0.0%
	RLX	C	-0.0%
	KEP	B	-0.0%

QEFA: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Drug Manufacturers - Major Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Capital Markets Computer Systems Consumer Electronics Diagnostics & Research Drug Manufacturers - Specialty & Generic Electronic Gaming & Multimedia Farm & Construction Equipment Household & Personal Products Oil & Gas Integrated Software - Application Steel

Keywords: Asset Management Bank Banking Financial Products Investment Banking Investment Banking Services Advisory Services Cars Cash Management Services Corporate Banking Insurance Products Investment Bank Investment Product Pharmaceutical Structured Finance Active Pharmaceutical Ingredients Alcohol Asset And Liability Management Asset Management Services Automotive Industry

VEU: Top Represented Industries & Keywords

Industries: Internet Content & Information Auto Manufacturers Banks - Regional - Asia Banks - Regional - Latin America Banks - Global Information Technology Services Oil & Gas Integrated Specialty Retail Steel Chemicals Consumer Electronics Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Gold Semiconductors Software - Application Telecom Services Utilities - Diversified Utilities - Regulated Electric Aerospace & Defense

Keywords: Bank Banking Investment Banking Financial Products Investment Banking Services Currency Investment Product Cash Management Commercial Banking Natural Gas Telecommunications Transport Cars Electricity Factoring Financial Advisory Services Insurance Products Investment Bank Project Finance Securitization