SCHE vs. AAXJ ETF Comparison

Comparison of Schwab Emerging Markets Equity ETF (SCHE) to iShares MSCI All Country Asia ex Japan Index Fund (AAXJ)

SCHE

Schwab Emerging Markets Equity ETF

SCHE Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the FTSE Emerging Index. The fund invests at least 90% of net assets in stocks that are included in the index. The index is comprised of large and mid capitalization companies in emerging market countries, as defined by the index provider. It will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry, group of industries or sector to approximately the same extent that its index is so concentrated. The fund may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$27.20

Average Daily Volume

1,010,154

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AAXJ

iShares MSCI All Country Asia ex Japan Index Fund

AAXJ Description

The investment seeks to replicate the returns of the MSCI All Country Asia ex Japan Index. The fund generally invests at least 90% of its assets in securities of the underlying index and in DRs representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure equity market performance of the following 10 developed and emerging market countries or regions: China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand. Components primarily include consumer discretionary, financial, industrials and information technology companies.

Grade (RS Rating)

Last Trade

$73.45

Average Daily Volume

532,027

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SCHE	AAXJ
30 Days	10.12%	12.03%
60 Days	8.02%	8.57%
90 Days	10.12%	11.52%
12 Months	16.85%	13.92%

23 Overlapping Holdings

Symbol	Grade	Weight in SCHE	Weight in AAXJ	Overlap
ATHM	C	0.03%	0.03%	0.03%
BABA	C	2.3%	2.5%	2.3%
BEKE	C	0.14%	0.17%	0.14%
BGNE	D	0.1%	0.14%	0.1%
BIDU	D	0.42%	0.48%	0.42%
BILI	C	0.05%	0.05%	0.05%
BZ	B	0.09%	0.07%	0.07%
CHT	B	0.21%	0.22%	0.21%
HDB	F	1.38%	0.76%	0.76%
IBN	B	0.45%	1.1%	0.45%
IQ	C	0.03%	0.03%	0.03%
LI	F	0.21%	0.24%	0.21%
NIO	D	0.1%	0.11%	0.1%
PDD	B	1.17%	1.27%	1.17%
QFIN	B	0.03%	0.04%	0.03%
TAL	C	0.07%	0.1%	0.07%
TCOM	B	0.39%	0.45%	0.39%
TME	B	0.11%	0.16%	0.11%
UMC	C	0.26%	0.27%	0.26%
VIPS	D	0.08%	0.09%	0.08%
WIT	D	0.11%	0.11%	0.11%
XPEV	D	0.07%	0.08%	0.07%
YUMC	D	0.2%	0.25%	0.2%

SCHE Overweight 20 Positions Relative to AAXJ

Symbol	Grade	Weight
VALE	C	0.66%
ABEV	D	0.14%
ASAI	D	0.13%
YMM	B	0.08%
BCH	B	0.07%
ERJ	B	0.07%
GGB	C	0.06%
SBSW	C	0.05%
CSAN	F	0.05%
EC	B	0.03%
BRFS	B	0.03%
AKO.A	C	0.02%
RLX	C	0.02%
CIB	B	0.01%
TUYA	C	0.01%
GDS	C	0.01%
WB	D	0.01%
YY	D	0.01%
DQ	F	0.01%
DADA	F	0.0%

SCHE Underweight 13 Positions Relative to AAXJ

Symbol	Grade	Weight
SE	B	-0.38%
KB	B	-0.33%
SHG	C	-0.23%
ZTO	C	-0.14%
HTHT	C	-0.13%
GRAB	C	-0.11%
FUTU	B	-0.06%
KEP	D	-0.06%
LEGN	F	-0.05%
MNSO	C	-0.04%
LPL	F	-0.04%
KT	D	-0.03%
SKM	C	-0.03%