SPDW vs. MFDX ETF Comparison

Comparison of SPDR Portfolio World ex-US ETF (SPDW) to PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX)

SPDW

SPDR Portfolio World ex-US ETF

SPDW Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S.BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in developed countries outside the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.44

Average Daily Volume

3,158,847

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

MFDX

PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF

MFDX 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

$30.07

Average Daily Volume

22,427

Number of Holdings ^*

50

* may have additional holdings in another (foreign) market

Performance

Period	SPDW	MFDX
30 Days	-3.14%	-3.40%
60 Days	2.55%	1.56%
90 Days	0.28%	0.00%
12 Months	8.29%	8.22%

32 Overlapping Holdings

	Symbol	Grade	Weight in SPDW	Weight in MFDX	Overlap
	ABBV	B	0.38%	0.59%	0.38%
	AEI	C	0.02%	0.03%	0.02%
	AGCO	F	0.03%	0.07%	0.03%
	ASND	D	0.02%	0.01%	0.01%
	BCS	C	0.16%	0.27%	0.16%
	CCEP	A	0.07%	0.05%	0.05%
	CHKP	B	0.08%	0.06%	0.06%
	CNI	D	0.33%	0.17%	0.17%
	CSIQ	C	0.01%	0.01%	0.01%
	CYBR	B	0.06%	0.02%	0.02%
	DEO	F	0.3%	0.15%	0.15%
	E	D	0.15%	0.42%	0.15%
	HMC	D	0.23%	0.47%	0.23%
	ICLR	B	0.11%	0.12%	0.11%
	LOGI	B	0.07%	0.12%	0.07%
	MFG	C	0.2%	0.44%	0.2%
	MNDY	B	0.03%	0.03%	0.03%
	MUFG	C	0.54%	0.28%	0.28%
	NMR	C	0.08%	0.07%	0.07%
	NVS	A	0.9%	0.85%	0.85%
	OTEX	F	0.03%	0.04%	0.03%
	PDS	D	0.0%	0.03%	0.0%
	QGEN	C	0.04%	0.02%	0.02%
	SHOP	C	0.32%	0.14%	0.14%
	SPOT	B	0.17%	0.13%	0.13%
	STLA	F	0.19%	0.45%	0.19%
	TEVA	B	0.08%	0.09%	0.08%
	TM	F	1.07%	0.39%	0.39%
	UL	A	0.59%	0.78%	0.59%
	WCN	B	0.18%	0.11%	0.11%
	WFG	C	0.02%	0.06%	0.02%
	WIX	B	0.03%	0.05%	0.03%

SPDW Overweight 81 Positions Relative to MFDX

	Symbol	Grade	Weight
	SONY	D	0.45%
	TD	F	0.42%
	SMFG	B	0.36%
	LYG	B	0.2%
	KB	B	0.11%
	SE	A	0.11%
	CPNG	D	0.1%
	PKX	F	0.1%
	FLEX	B	0.07%
	SHG	B	0.07%
	ARM	B	0.06%
	ONON	B	0.05%
	XRX	F	0.05%
	MT	D	0.05%
	GSL	B	0.04%
	GRAB	B	0.04%
	GLOB	D	0.03%
	AER	B	0.03%
	BNTX	D	0.03%
	XENE	F	0.02%
	FUTU	B	0.02%
	GLNG	B	0.02%
	KEP	F	0.02%
	FLUT	D	0.02%
	MRUS	B	0.02%
	TIGO	B	0.01%
	LSPD	C	0.01%
	NAT	D	0.01%
	CSTM	D	0.01%
	GLBE	C	0.01%
	MLCO	C	0.01%
	DAVA	F	0.01%
	JMIA	B	0.01%
	URGN	B	0.01%
	GRFS	C	0.01%
	LPL	F	0.01%
	AY	B	0.01%
	TAC	C	0.01%
	IMCR	F	0.01%
	NOMD	D	0.01%
	LPL	F	0.01%
	IGT	C	0.01%
	KRNT	D	0.01%
	IAG	D	0.01%
	ZIM	C	0.01%
	MNMD	D	0.0%
	MTLS	F	0.0%
	MAXN	F	0.0%
	HL	C	0.0%
	ORMP	D	0.0%
	RENB	D	0.0%
	CALX	C	0.0%
	AMRN	D	0.0%
	GRVY	B	0.0%
	CVAC	C	0.0%
	FREY	D	0.0%
	LILM	F	0.0%
	EU	D	0.0%
	ADAP	D	0.0%
	MNTX	F	0.0%
	TMC	D	0.0%
	DNN	C	0.0%
	NNOX	F	0.0%
	NNDM	F	0.0%
	NBTX	F	0.0%
	CHGX	A	0.0%
	SNDL	D	0.0%
	GSM	C	0.0%
	AUPH	C	0.0%
	ELBM	D	0.0%
	INVZ	F	0.0%
	ABCL	F	0.0%
	RDWR	D	0.0%
	PIXY	F	0.0%
	SSYS	F	0.0%
	SPNS	B	0.0%
	TLRY	F	0.0%
	INMD	D	0.0%
	FVRR	C	0.0%
	HCM	D	0.0%
	IMTX	B	0.0%

SPDW Underweight 18 Positions Relative to MFDX

	Symbol	Grade	Weight
	MDT	C	-0.52%
	NXPI	B	-0.33%
	TT	B	-0.27%
	GRMN	B	-0.19%
	LULU	F	-0.13%
	GOLD	D	-0.1%
	ALV	D	-0.07%
	RBA	A	-0.06%
	TEAM	F	-0.04%
	ALLE	D	-0.04%
	TARO	B	-0.03%
	CMPR	D	-0.03%
	DOOO	F	-0.02%
	TNK	B	-0.02%
	YY	F	-0.01%
	CUK	C	-0.01%
	CRSP	B	-0.01%
	FROG	C	-0.01%

SPDW: Top Represented Industries & Keywords

Industries: Biotechnology Software - Application Banks - Global Drug Manufacturers - Major Auto Manufacturers Banks - Regional - Asia Computer Systems Drug Manufacturers - Specialty & Generic Shipping & Ports Software - Infrastructure Capital Markets Communication Equipment Consumer Electronics Diagnostics & Research Diversified Industrials Electronic Gaming & Multimedia Gambling Gold Industrial Metals & Minerals Information Technology Services

Keywords: Medicine Biotechnology Biopharmaceutical Bank Banking Cancer Investment Banking Pharmaceutical Clinical Medicine Financial Products Investment Banking Services Systems Integrator Aerospace Asset Management Computing E Commerce Electricity Immunotherapy Infectious Diseases Natural Gas

MFDX: Top Represented Industries & Keywords

Industries: Software - Application Auto Manufacturers Internet Content & Information Banks - Global Biotechnology Diagnostics & Research Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Apparel Stores Auto Parts Banks - Regional - Asia Beverages - Soft Drinks Beverages - Wineries & Distilleries Business Services Capital Markets Computer Systems Farm & Construction Equipment Gold Household & Personal Products Leisure

Keywords: Computing S&P 500 Nasdaq 100 Software Transport Biotechnology Active Pharmaceutical Ingredients Automotive Industry Bank Biology Cars Corporate Banking Drink Financial Products Gas Exploration Investment Bank Investment Banking Investment Banking Services Medication Medicine