VEU vs. AVSE ETF Comparison

Comparison of Vanguard FTSE All World Ex US ETF (VEU) to Avantis Responsible Emerging Markets Equity ETF (AVSE)

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$59.24

Average Daily Volume

2,282,089

Number of Holdings ^*

35

* may have additional holdings in another (foreign) market

AVSE

Avantis Responsible Emerging Markets Equity ETF

AVSE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of companies related to emerging markets across market sectors, industry groups and countries. The fund may invest in companies of all market capitalizations. The portfolio management team limits its investable universe of companies by screening out those that raise concerns based on the team?s evaluation of multiple ESG metrics.

Grade (RS Rating)

Last Trade

$52.61

Average Daily Volume

1,805

Number of Holdings ^*

96

* may have additional holdings in another (foreign) market

Performance

Period	VEU	AVSE
30 Days	-2.03%	-0.45%
60 Days	5.37%	10.48%
90 Days	1.06%	7.17%
12 Months	9.88%	14.63%

11 Overlapping Holdings

	Symbol	Grade	Weight in VEU	Weight in AVSE	Overlap
	BABA	F	0.58%	1.37%	0.58%
	BIDU	F	0.09%	0.06%	0.06%
	HDB	B	0.36%	0.4%	0.36%
	IBN	C	0.11%	0.46%	0.11%
	INFY	B	0.1%	0.67%	0.1%
	ITUB	D	0.06%	0.36%	0.06%
	KB	B	0.04%	0.43%	0.04%
	PDD	C	0.32%	0.84%	0.32%
	TCOM	D	0.09%	0.23%	0.09%
	TSM	B	0.11%	5.13%	0.11%
	YUMC	F	0.05%	0.32%	0.05%

VEU Overweight 24 Positions Relative to AVSE

	Symbol	Grade	Weight
	TM	D	0.91%
	NVS	B	0.75%
	UL	A	0.47%
	MUFG	C	0.41%
	TD	F	0.35%
	SONY	D	0.35%
	SMFG	B	0.29%
	ABBV	B	0.29%
	DEO	F	0.26%
	CNI	D	0.25%
	SHOP	D	0.24%
	HMC	D	0.19%
	MFG	D	0.18%
	STLA	F	0.17%
	LYG	B	0.16%
	WCN	A	0.15%
	BCS	B	0.15%
	VALE	F	0.13%
	FLUT	D	0.12%
	E	D	0.12%
	GOLD	C	0.07%
	NMR	C	0.06%
	XRX	F	0.05%
	LOGI	B	0.05%

VEU Underweight 85 Positions Relative to AVSE

	Symbol	Grade	Weight
	NTES	D	-0.66%
	SHG	C	-0.33%
	ERJ	C	-0.31%
	UMC	A	-0.31%
	VIPS	D	-0.3%
	ASX	A	-0.29%
	CPNG	D	-0.28%
	HTHT	F	-0.26%
	BEKE	D	-0.24%
	GFI	F	-0.21%
	RDY	C	-0.19%
	BAP	D	-0.17%
	QFIN	B	-0.16%
	STNE	F	-0.16%
	SCCO	D	-0.15%
	ZTO	C	-0.15%
	SUZ	F	-0.14%
	ASR	C	-0.14%
	TLK	F	-0.14%
	PAGS	F	-0.13%
	BBD	F	-0.13%
	TME	B	-0.12%
	CIG	D	-0.12%
	FMX	D	-0.12%
	OMAB	F	-0.11%
	PAC	C	-0.1%
	SBS	D	-0.1%
	TAL	F	-0.1%
	ASAI	F	-0.09%
	EBR	F	-0.09%
	LI	F	-0.09%
	BCH	C	-0.09%
	MNSO	F	-0.08%
	LPL	F	-0.08%
	SBSW	D	-0.08%
	ATHM	C	-0.07%
	ABEV	F	-0.07%
	ASAI	F	-0.07%
	CAR	F	-0.07%
	FINV	C	-0.07%
	CHT	A	-0.07%
	TKC	B	-0.07%
	MOMO	D	-0.06%
	WIT	B	-0.06%
	HOLI	D	-0.06%
	AKO.A	B	-0.05%
	IQ	F	-0.05%
	ELP	F	-0.05%
	BSAC	D	-0.05%
	IMOS	C	-0.04%
	CIB	D	-0.04%
	YY	F	-0.04%
	BRFS	C	-0.04%
	BGNE	D	-0.04%
	SQM	F	-0.04%
	KT	C	-0.04%
	CCU	F	-0.03%
	WB	F	-0.03%
	GRIN	D	-0.03%
	PHI	C	-0.03%
	BGNE	D	-0.03%
	SGRP	C	-0.03%
	TV	F	-0.03%
	IFS	C	-0.03%
	SOHU	B	-0.02%
	BSBR	D	-0.02%
	BZ	C	-0.02%
	NOAH	D	-0.02%
	NIO	F	-0.02%
	VIV	F	-0.02%
	PDSB	F	-0.01%
	XPEV	F	-0.01%
	VNET	C	-0.01%
	LX	F	-0.01%
	NIU	F	-0.0%
	DAO	F	-0.0%
	BILI	B	-0.0%
	TIGR	B	-0.0%
	CANG	C	-0.0%
	SKM	C	-0.0%
	API	F	-0.0%
	TUYA	F	-0.0%
	CBD	F	-0.0%
	KC	F	-0.0%
	CAAS	C	-0.0%

VEU: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - Asia Auto Manufacturers Drug Manufacturers - Major Information Technology Services Specialty Retail Banks - Regional - Europe Banks - Regional - Latin America Beverages - Wineries & Distilleries Capital Markets Computer Systems Consumer Electronics Gambling Gold Household & Personal Products Industrial Metals & Minerals Internet Content & Information Leisure Oil & Gas Integrated Railroads

Keywords: Banking Bank Investment Banking Financial Products Investment Banking Services Commercial Banking Insurance Products Investment Product Asset Management Cash Management Financial Advisory Services Structured Finance Advisory Services Banking Solutions Cars Cash Management Services Corporate Banking Currency Foreign Exchange Services Gas Exploration

AVSE: Top Represented Industries & Keywords

Industries: Internet Content & Information Banks - Regional - Latin America Telecom Services Auto Manufacturers Banks - Regional - Asia Semiconductors Specialty Retail Airports & Air Services Beverages - Brewers Credit Services Information Technology Services Software - Application Biotechnology Gold Software - Infrastructure Utilities - Diversified Aerospace & Defense Asset Management Auto Parts Beverages - Non-Alcoholic

Keywords: Bank Banking Broadband Cloud Computing Investment Banking Currency Electronics Internet Access Telecommunications Advertising Services E-Commerce Financial Products Games Commercial Banking Computing Information And Communications Technology Investment Banking Services Online Game Telecommunication Services Big Data