QEMM vs. DBAW ETF Comparison

Comparison of SPDR MSCI Emerging Markets Quality Mix ETF (QEMM) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

QEMM

SPDR MSCI Emerging Markets Quality Mix ETF

QEMM Description

The investment seeks to track the performance of the MSCI Emerging Markets (EM) Quality Mix Index. The index captures large- and mid-cap representation across 23 emerging markets countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, 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

$63.69

Average Daily Volume

2,282

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DBAW

db X-trackers MSCI All World ex US Hedged Equity Fund

DBAW Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index. The fund, using a "passive" or indexing investment approach, attempts to approximate the investment performance of the underlying index. The underlying index is designed to provide exposure to equity securities in developed and emerging stock markets (excluding the United States), while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.96

Average Daily Volume

10,226

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QEMM	DBAW
30 Days	5.69%	3.85%
60 Days	8.29%	4.63%
90 Days	8.96%	4.70%
12 Months	23.69%	23.36%

45 Overlapping Holdings

Symbol	Grade	Weight in QEMM	Weight in DBAW	Overlap
ABEV	C	0.3%	0.04%	0.04%
ABEV	C	0.02%	0.04%	0.02%
ASAI	F	0.02%	0.03%	0.02%
ATHM	B	0.01%	0.01%	0.01%
BABA	B	0.03%	0.6%	0.03%
BABA	B	0.69%	0.6%	0.6%
BAP	B	0.23%	0.04%	0.04%
BCH	B	0.01%	0.02%	0.01%
BEKE	B	0.01%	0.03%	0.01%
BGNE	B	0.01%	0.04%	0.01%
BIDU	C	0.09%	0.09%	0.09%
BVN	D	0.11%	0.01%	0.01%
CHT	B	0.51%	0.06%	0.06%
CSAN	D	0.03%	0.01%	0.01%
GGB	C	0.05%	0.02%	0.02%
HDB	C	0.25%	0.31%	0.25%
IBN	C	0.15%	0.3%	0.15%
IBN	C	0.16%	0.3%	0.16%
IQ	D	0.0%	0.0%	0.0%
KB	D	0.2%	0.09%	0.09%
KB	D	0.08%	0.09%	0.08%
KEP	D	0.06%	0.02%	0.02%
KEP	D	0.09%	0.02%	0.02%
KT	B	0.08%	0.0%	0.0%
LEGN	F	0.06%	0.02%	0.02%
LI	D	0.02%	0.05%	0.02%
LPL	D	0.03%	0.01%	0.01%
LPL	D	0.02%	0.01%	0.01%
NIO	C	0.0%	0.03%	0.0%
PDD	D	1.14%	0.25%	0.25%
QFIN	A	0.1%	0.01%	0.01%
SBSW	D	0.04%	0.01%	0.01%
SCCO	C	0.26%	0.03%	0.03%
SHG	C	0.24%	0.06%	0.06%
SHG	C	0.03%	0.06%	0.03%
SKM	B	0.19%	0.01%	0.01%
TCOM	B	0.05%	0.1%	0.05%
TME	D	0.02%	0.03%	0.02%
UMC	B	0.11%	0.07%	0.07%
VALE	C	1.2%	0.13%	0.13%
VALE	C	0.04%	0.13%	0.04%
VIPS	C	0.16%	0.02%	0.02%
WIT	C	0.24%	0.03%	0.03%
XPEV	C	0.01%	0.02%	0.01%
YUMC	C	0.06%	0.05%	0.05%

QEMM Overweight 15 Positions Relative to DBAW

Symbol	Grade	Weight
INFY	C	1.12%
RDY	D	0.18%
ITUB	B	0.17%
PBR	D	0.16%
PKX	D	0.11%
SUZ	D	0.03%
SBS	D	0.03%
VIV	C	0.02%
SID	D	0.02%
UGP	F	0.02%
SQM	D	0.01%
BSAC	B	0.01%
CIG	B	0.01%
CIB	D	0.01%
ENIC	D	0.0%

QEMM Underweight 49 Positions Relative to DBAW

Symbol	Grade	Weight
NVS	C	-0.82%
TM	D	-0.67%
UL	B	-0.58%
MUFG	D	-0.41%
SONY	C	-0.41%
TD	C	-0.4%
SHOP	C	-0.34%
ABBV	B	-0.32%
SMFG	D	-0.28%
DEO	C	-0.27%
CNI	D	-0.22%
HMC	D	-0.18%
LYG	B	-0.17%
MFG	D	-0.17%
BCS	B	-0.16%
NU	C	-0.15%
GOLD	C	-0.13%
E	D	-0.13%
STLA	F	-0.11%
SE	B	-0.11%
TEVA	D	-0.07%
AER	C	-0.07%
NMR	F	-0.06%
CCEP	C	-0.06%
CHKP	B	-0.06%
LOGI	D	-0.05%
XRX	D	-0.05%
RBA	D	-0.05%
MNDY	C	-0.04%
CYBR	B	-0.04%
GRAB	B	-0.03%
WIX	C	-0.03%
OTEX	D	-0.03%
QGEN	C	-0.03%
MBAVU	D	-0.02%
WFG	B	-0.02%
ERJ	C	-0.02%
XP	D	-0.02%
AGCO	D	-0.02%
HTHT	C	-0.02%
PAGS	F	-0.01%
DOOO	F	-0.01%
STNE	F	-0.01%
TAL	D	-0.01%
BRFS	C	-0.01%
BZ	C	-0.01%
FUTU	A	-0.01%
BILI	A	-0.01%
GLBE	C	-0.01%