SMHX vs. MFEM ETF Comparison

Comparison of VanEck Fabless Semiconductor ETF (SMHX) to PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM)

SMHX

VanEck Fabless Semiconductor ETF

SMHX Description

The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The Fabless Index is composed of U.S.-listed common stocks of companies that derive at least 50% of their revenues from the semiconductor industry and operate as fabless semiconductor companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.49

Average Daily Volume

30,191

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MFEM

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

MFEM Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$19.65

Average Daily Volume

11,439

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHX	MFEM
30 Days	1.55%	-3.93%
60 Days	10.16%	0.13%
90 Days		-1.09%
12 Months		12.03%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMHX	Weight in MFEM	Overlap
	SIMO	D	1.55%	0.04%	0.04%

SMHX Overweight 20 Positions Relative to MFEM

Symbol	Grade	Weight
NVDA	B	22.39%
AVGO	D	14.4%
SNPS	B	5.08%
MRVL	B	4.87%
CDNS	B	4.6%
QCOM	F	4.39%
AMD	F	4.13%
ARM	F	3.9%
RMBS	B	3.62%
CRUS	D	2.98%
LSCC	D	2.92%
PI	D	2.72%
MPWR	F	2.57%
POWI	F	2.25%
SLAB	F	1.89%
AMBA	B	1.67%
ALGM	D	1.54%
SITM	B	1.47%
SYNA	C	1.47%
SMTC	B	1.4%

SMHX Underweight 22 Positions Relative to MFEM

Symbol	Grade	Weight
SHG	C	-0.68%
VALE	F	-0.54%
TME	D	-0.46%
KB	B	-0.42%
CHT	C	-0.4%
KT	A	-0.33%
KEP	B	-0.32%
SKM	C	-0.27%
PDD	F	-0.25%
VIPS	F	-0.23%
BCH	C	-0.16%
GGB	C	-0.15%
LPL	D	-0.13%
BRFS	C	-0.13%
SBSW	D	-0.11%
YUMC	C	-0.1%
SGRP	D	-0.09%
FN	C	-0.09%
CAR	C	-0.05%
SBLK	F	-0.05%
ZTO	F	-0.04%
AKO.A	F	-0.02%