QEMM vs. KEMX ETF Comparison

Comparison of SPDR MSCI Emerging Markets Quality Mix ETF (QEMM) to KraneShares MSCI Emerging Markets ex China Index ETF (KEMX)

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

$59.55

Average Daily Volume

1,920

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KEMX

KraneShares MSCI Emerging Markets ex China Index ETF

KEMX Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the MSCI Emerging Markets ex China Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index and depositary receipts, including American depositary receipts ("ADRs"), representing such components. The underlying index is a free float-adjusted market capitalization weighted index designed to track the equity market performance of mid- and large-cap companies of emerging market countries, excluding China.

Grade (RS Rating)

Last Trade

$29.63

Average Daily Volume

6,034

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QEMM	KEMX
30 Days	-3.65%	-4.28%
60 Days	-1.79%	-4.50%
90 Days	-1.91%	-5.06%
12 Months	11.31%	10.60%

24 Overlapping Holdings

Symbol	Grade	Weight in QEMM	Weight in KEMX	Overlap
ABEV	F	0.02%	0.26%	0.02%
ABEV	F	0.28%	0.26%	0.26%
BAP	A	0.25%	0.4%	0.25%
BCH	C	0.01%	0.17%	0.01%
BVN	D	0.1%	0.22%	0.1%
CHT	C	0.49%	0.5%	0.49%
GGB	C	0.05%	0.1%	0.05%
HDB	C	0.25%	1.5%	0.25%
IBN	C	0.15%	1.55%	0.15%
IBN	C	0.14%	1.55%	0.14%
INFY	C	1.07%	2.25%	1.07%
KB	B	0.09%	0.77%	0.09%
KB	B	0.21%	0.77%	0.21%
KEP	B	0.09%	0.22%	0.09%
KEP	B	0.06%	0.22%	0.06%
LPL	D	0.02%	0.03%	0.02%
LPL	D	0.01%	0.03%	0.01%
SCCO	F	0.25%	0.24%	0.24%
SHG	C	0.03%	0.5%	0.03%
SHG	C	0.22%	0.5%	0.22%
UMC	F	0.1%	0.38%	0.1%
VALE	F	1.15%	0.86%	0.86%
VALE	F	0.03%	0.86%	0.03%
WIT	B	0.25%	0.27%	0.25%

QEMM Overweight 35 Positions Relative to KEMX

Symbol	Grade	Weight
PDD	F	1.32%
BABA	D	0.69%
SKM	C	0.18%
RDY	F	0.17%
VIPS	F	0.17%
PBR	D	0.16%
ITUB	F	0.15%
QFIN	A	0.12%
YUMC	C	0.09%
BIDU	F	0.09%
PKX	D	0.08%
TCOM	B	0.06%
LEGN	D	0.05%
BABA	D	0.04%
SBSW	D	0.04%
SBS	B	0.03%
SUZ	B	0.03%
SID	F	0.02%
BEKE	D	0.02%
LI	F	0.02%
ASAI	F	0.02%
TME	D	0.02%
UGP	F	0.02%
CSAN	F	0.02%
ATHM	C	0.01%
SQM	D	0.01%
BGNE	D	0.01%
BSAC	C	0.01%
CIG	C	0.01%
XPEV	C	0.01%
VIV	F	0.01%
CIB	B	0.01%
NIO	F	0.0%
ENIC	B	0.0%
IQ	F	0.0%

QEMM Underweight 1 Positions Relative to KEMX

	Symbol	Grade	Weight
	NU	C	-0.46%