QEMM vs. PXF ETF Comparison

Comparison of SPDR MSCI Emerging Markets Quality Mix ETF (QEMM) to PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio (PXF)

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

$59.63

Average Daily Volume

1,920

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PXF

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio

PXF Description

The PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio (Fund) is based on the FTSE RAFI Developed Markets ex-U.S. Index ND (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of the largest developed market equities (excluding the US), selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$48.88

Average Daily Volume

57,265

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QEMM	PXF
30 Days	-3.65%	-2.88%
60 Days	-1.79%	-4.88%
90 Days	-1.91%	-4.63%
12 Months	11.31%	12.34%

8 Overlapping Holdings

Symbol	Grade	Weight in QEMM	Weight in PXF	Overlap
KB	B	0.21%	0.12%	0.12%
KB	B	0.09%	0.12%	0.09%
KEP	B	0.09%	0.03%	0.03%
KEP	B	0.06%	0.03%	0.03%
LPL	D	0.02%	0.02%	0.02%
LPL	D	0.01%	0.02%	0.01%
SHG	C	0.22%	0.06%	0.06%
SHG	C	0.03%	0.06%	0.03%

QEMM Overweight 51 Positions Relative to PXF

Symbol	Grade	Weight
PDD	F	1.32%
VALE	F	1.15%
INFY	C	1.07%
BABA	D	0.69%
CHT	C	0.49%
ABEV	F	0.28%
BAP	A	0.25%
HDB	C	0.25%
SCCO	F	0.25%
WIT	B	0.25%
SKM	C	0.18%
RDY	F	0.17%
VIPS	F	0.17%
PBR	D	0.16%
IBN	C	0.15%
ITUB	F	0.15%
IBN	C	0.14%
QFIN	A	0.12%
UMC	F	0.1%
BVN	D	0.1%
YUMC	C	0.09%
BIDU	F	0.09%
PKX	D	0.08%
TCOM	B	0.06%
LEGN	D	0.05%
GGB	C	0.05%
BABA	D	0.04%
SBSW	D	0.04%
SBS	B	0.03%
SUZ	B	0.03%
VALE	F	0.03%
SID	F	0.02%
BEKE	D	0.02%
LI	F	0.02%
ABEV	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%
BCH	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 28 Positions Relative to PXF

Symbol	Grade	Weight
HSBH	B	-1.0%
TM	F	-1.0%
MUFG	B	-0.88%
BCS	A	-0.8%
NVS	F	-0.73%
SMFG	B	-0.72%
UL	D	-0.69%
TD	D	-0.66%
SONY	B	-0.52%
MFG	A	-0.51%
E	F	-0.45%
HMC	F	-0.32%
LYG	D	-0.29%
STLA	F	-0.27%
ABBV	F	-0.23%
GOLD	C	-0.2%
DEO	F	-0.2%
CNI	F	-0.16%
NMR	B	-0.15%
SW	A	-0.09%
WFG	C	-0.07%
WCN	A	-0.07%
AGCO	D	-0.06%
FLUT	A	-0.06%
SHOP	B	-0.05%
OTEX	F	-0.03%
LOGI	D	-0.02%
QGEN	D	-0.02%

PXF: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Banks - Regional - Asia Consumer Electronics Drug Manufacturers - Major Software - Application Banks - Regional - Europe Beverages - Wineries & Distilleries Capital Markets Computer Systems Diagnostics & Research Farm & Construction Equipment Gambling Gold Household & Personal Products Lumber & Wood Production Oil & Gas Integrated Packaging & Containers Railroads Utilities - Regulated Electric