QEMM vs. VYMI ETF Comparison

Comparison of SPDR MSCI Emerging Markets Quality Mix ETF (QEMM) to Vanguard International High Dividend Yield ETF (VYMI)

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

$59.62

Average Daily Volume

1,910

Number of Holdings ^*

59

* may have additional holdings in another (foreign) market

VYMI

Vanguard International High Dividend Yield ETF

VYMI Description

Vanguard International High Dividend Yield ETF seeks to track the performance of the FTSE All-World ex US High Dividend Yield Index, which focuses on companies located in developed and emerging markets, excluding the United States, that are forecasted to have above-average dividend yields. The fund invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full index in terms of key characteristics. These key characteristics include industry weightings and market capitalization, as well as certain financial measures, such as price/earnings ratio and dividend yield. The experience and stability of Vanguard%u2019s Equity Index Group have permitted continuous refinement of techniques for reducing tracking error. The group uses proprietary software to implement trading decisions that accommodate cash flow and maintain close correlation with index characteristics. Vanguard%u2019s refined indexing process, combined with low management fees and efficient trading, has provided tight tracking net of expenses.

Grade (RS Rating)

Last Trade

$70.12

Average Daily Volume

306,933

Number of Holdings ^*

40

* may have additional holdings in another (foreign) market

Performance

Period	QEMM	VYMI
30 Days	-2.80%	-1.64%
60 Days	-2.21%	-3.30%
90 Days	-1.79%	-2.22%
12 Months	11.44%	15.41%

24 Overlapping Holdings

	Symbol	Grade	Weight in QEMM	Weight in VYMI	Overlap
	ABEV	F	0.28%	0.07%	0.07%
	ABEV	F	0.02%	0.0%	0.0%
	ABEV	F	0.02%	0.07%	0.02%
	ABEV	F	0.28%	0.0%	0.0%
	ASAI	F	0.02%	0.05%	0.02%
	ATHM	D	0.01%	0.01%	0.01%
	BCH	F	0.01%	0.04%	0.01%
	BSAC	F	0.01%	0.01%	0.01%
	CHT	D	0.49%	0.11%	0.11%
	CIB	B	0.01%	0.03%	0.01%
	CIG	C	0.01%	0.01%	0.01%
	CSAN	F	0.02%	0.02%	0.02%
	GGB	C	0.05%	0.03%	0.03%
	ITUB	F	0.15%	0.02%	0.02%
	KB	B	0.09%	0.16%	0.09%
	KB	B	0.21%	0.16%	0.16%
	QFIN	B	0.12%	0.03%	0.03%
	SBSW	D	0.04%	0.02%	0.02%
	SHG	D	0.03%	0.14%	0.03%
	SHG	D	0.22%	0.14%	0.14%
	UMC	F	0.1%	0.13%	0.1%
	VALE	F	0.03%	0.31%	0.03%
	VALE	F	1.15%	0.31%	0.31%
	VIV	F	0.01%	0.01%	0.01%

QEMM Overweight 37 Positions Relative to VYMI

	Symbol	Grade	Weight
	PDD	F	1.32%
	INFY	B	1.07%
	BABA	D	0.69%
	BAP	B	0.25%
	HDB	C	0.25%
	SCCO	F	0.25%
	WIT	A	0.25%
	SKM	D	0.18%
	RDY	F	0.17%
	VIPS	F	0.17%
	PBR	C	0.16%
	IBN	C	0.15%
	IBN	C	0.14%
	BVN	F	0.1%
	KEP	B	0.09%
	YUMC	C	0.09%
	BIDU	F	0.09%
	PKX	F	0.08%
	KEP	B	0.06%
	TCOM	B	0.06%
	LEGN	F	0.05%
	BABA	D	0.04%
	SBS	B	0.03%
	SUZ	C	0.03%
	SID	F	0.02%
	BEKE	D	0.02%
	LI	F	0.02%
	TME	D	0.02%
	UGP	F	0.02%
	LPL	F	0.02%
	SQM	F	0.01%
	BGNE	D	0.01%
	LPL	F	0.01%
	XPEV	C	0.01%
	NIO	F	0.0%
	ENIC	D	0.0%
	IQ	F	0.0%

QEMM Underweight 21 Positions Relative to VYMI

	Symbol	Grade	Weight
	NVS	D	-1.66%
	TM	D	-1.54%
	HSBH	B	-1.28%
	UL	D	-1.13%
	MUFG	B	-0.9%
	TD	F	-0.73%
	SMFG	B	-0.59%
	MFG	B	-0.4%
	HMC	F	-0.36%
	BCS	C	-0.34%
	LYG	F	-0.32%
	E	F	-0.26%
	STLA	F	-0.21%
	SW	A	-0.2%
	NMR	B	-0.11%
	AGCO	D	-0.04%
	AEI	D	-0.03%
	ASX	D	-0.02%
	YY	C	-0.01%
	AKO.A	F	-0.01%
	EC	D	-0.01%

QEMM: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Banks - Regional - Asia Internet Content & Information Auto Manufacturers Specialty Retail Steel Telecom Services Biotechnology Industrial Metals & Minerals Information Technology Services Oil & Gas Refining & Marketing Utilities - Regulated Electric Beverages - Brewers Chemicals Consumer Electronics Copper Credit Services Drug Manufacturers - Specialty & Generic Gold Grocery Stores

Keywords: Bank Banking Currency Investment Banking Financial Products Investment Banking Services Natural Gas Advertising Services Cash Management Factoring Investment Product Securitization Telecommunications Broadband Cloud Computing Commercial Banking Demand Deposit Distribution Network Electric Vehicle Electricity

VYMI: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - Latin America Auto Manufacturers Banks - Regional - Asia Internet Content & Information Oil & Gas Integrated Semiconductors Telecom Services Banks - Regional - Europe Beverages - Brewers Beverages - Non-Alcoholic Capital Markets Credit Services Drug Manufacturers - Major Farm & Construction Equipment Gold Grocery Stores Household & Personal Products Industrial Metals & Minerals Oil & Gas Refining & Marketing

Keywords: Bank Financial Products Investment Banking Banking Investment Banking Services Currency Investment Product Commercial Banking Factoring Financial Advisory Services Insurance Products Investment Bank Project Finance Securitization Asset Management Cash Management Corporate Banking Structured Finance Advisory Services Asset Management Services