SPWO vs. FRDM ETF Comparison

Comparison of SP Funds S&P World (ex-US) ETF (SPWO) to Freedom 100 Emerging Markets ETF (FRDM)

SPWO

SP Funds S&P World (ex-US) ETF

SPWO Description

The Shariah World Index is designed to measure the performance of companies located in developed and emerging markets outside of the United States that pass rules-based screens for adherence to shariah investment guidelines, with a cap applied to ensure diversification among companies in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.29

Average Daily Volume

6,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FRDM

Freedom 100 Emerging Markets ETF

FRDM Description

The investment seeks to track the total return performance, before fees and expenses, of the Freedom 100 Emerging Markets Index (the index). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index is designed to track the performance of a portfolio of approximately 100 equity securities listed in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.98

Average Daily Volume

133,313

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPWO	FRDM
30 Days	-4.92%	-5.40%
60 Days	-1.37%	-2.74%
90 Days	-2.78%	-5.41%
12 Months		10.44%

7 Overlapping Holdings

Symbol	Grade	Weight in SPWO	Weight in FRDM	Overlap
ASR	D	0.1%	0.07%	0.07%
CHT	C	0.36%	1.04%	0.36%
GFI	D	0.3%	0.68%	0.3%
SQM	D	0.1%	3.1%	0.1%
TSM	B	16.44%	11.94%	11.94%
UMC	F	0.37%	1.03%	0.37%
VALE	F	0.81%	1.49%	0.81%

SPWO Overweight 48 Positions Relative to FRDM

Symbol	Grade	Weight
NVO	F	2.44%
SAP	B	1.85%
PDD	F	1.82%
INFY	C	1.68%
NVS	F	1.58%
AZN	F	1.5%
UL	D	1.18%
JD	D	1.15%
SHOP	B	1.06%
BHP	F	1.04%
SNY	F	0.86%
ABBV	F	0.76%
RELX	D	0.7%
GSK	F	0.58%
RIO	D	0.55%
CNI	F	0.5%
WCN	A	0.4%
LI	F	0.31%
BEKE	D	0.31%
BGNE	D	0.29%
HLN	C	0.27%
GOLD	C	0.21%
WDS	D	0.21%
CPNG	D	0.2%
NOK	D	0.19%
WIT	B	0.18%
ERIC	C	0.18%
SCCO	F	0.16%
RDY	F	0.16%
XPEV	C	0.14%
PAC	B	0.13%
CHKP	C	0.12%
VIPS	F	0.12%
ICLR	D	0.12%
MMYT	B	0.11%
XRX	F	0.11%
JHX	D	0.11%
HTHT	D	0.1%
ARM	F	0.1%
GGB	C	0.09%
CYBR	A	0.09%
KOF	F	0.08%
NICE	D	0.07%
WIX	A	0.07%
SNN	D	0.07%
BZ	F	0.07%
PSO	B	0.06%
TS	B	0.05%

SPWO Underweight 9 Positions Relative to FRDM

Symbol	Grade	Weight
BCH	C	-2.63%
ITUB	F	-0.91%
PKX	D	-0.81%
BSBR	F	-0.55%
CCU	D	-0.36%
FMX	F	-0.32%
SSL	F	-0.19%
CX	F	-0.14%
BBD	D	-0.11%