VEU vs. MFDX ETF Comparison

Comparison of Vanguard FTSE All World Ex US ETF (VEU) to PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX)

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

$59.03

Average Daily Volume

2,050,655

Number of Holdings ^*

106

* 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

$30.21

Average Daily Volume

24,053

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VEU	MFDX
30 Days	-3.66%	-2.99%
60 Days	-3.89%	-5.07%
90 Days	-4.04%	-4.42%
12 Months	12.65%	10.91%

25 Overlapping Holdings

Symbol	Grade	Weight in VEU	Weight in MFDX	Overlap
ABBV	F	0.31%	0.7%	0.31%
AEI	D	0.02%	0.03%	0.02%
AGCO	D	0.02%	0.04%	0.02%
BCS	A	0.16%	0.28%	0.16%
CNI	F	0.21%	0.16%	0.16%
DEO	F	0.24%	0.14%	0.14%
E	F	0.12%	0.08%	0.08%
GOLD	C	0.11%	0.09%	0.09%
HMC	F	0.17%	0.16%	0.16%
HSBH	B	0.59%	0.39%	0.39%
LOGI	D	0.04%	0.13%	0.04%
LYG	D	0.15%	0.09%	0.09%
MBAVU	C	0.02%	0.0%	0.0%
MFG	A	0.18%	0.33%	0.18%
MUFG	B	0.41%	0.39%	0.39%
NMR	B	0.05%	0.07%	0.05%
NVS	F	0.77%	0.62%	0.62%
QGEN	D	0.03%	0.04%	0.03%
SMFG	B	0.27%	0.27%	0.27%
SONY	B	0.37%	0.03%	0.03%
STLA	F	0.1%	0.06%	0.06%
TM	F	0.71%	0.21%	0.21%
UL	D	0.52%	1.11%	0.52%
WCN	A	0.16%	0.21%	0.16%
YY	B	0.0%	0.01%	0.0%

VEU Overweight 81 Positions Relative to MFDX

Symbol	Grade	Weight
BABA	D	0.72%
HDB	C	0.4%
TD	D	0.34%
SHOP	B	0.33%
PDD	F	0.3%
IBN	C	0.21%
FLUT	A	0.14%
VALE	F	0.12%
INFY	C	0.12%
TCOM	B	0.12%
BIDU	F	0.09%
SW	A	0.09%
ITUB	F	0.06%
YUMC	C	0.06%
BEKE	D	0.05%
LI	F	0.05%
XRX	F	0.05%
KB	B	0.04%
SHG	C	0.04%
KB	B	0.04%
BGNE	D	0.04%
XPEV	C	0.03%
CHT	C	0.03%
BBD	D	0.03%
UMC	F	0.03%
VALE	F	0.03%
TME	D	0.03%
UMC	F	0.03%
PKX	D	0.03%
BZ	F	0.02%
TAL	F	0.02%
VIPS	F	0.02%
BCH	C	0.02%
WIT	B	0.02%
ABEV	F	0.02%
ERJ	A	0.02%
BILI	D	0.02%
NIO	F	0.02%
ASAI	F	0.02%
YMM	C	0.02%
SHG	C	0.02%
PBR	D	0.02%
CHT	C	0.02%
ATHM	C	0.01%
GGB	C	0.01%
GDS	C	0.01%
SQM	D	0.01%
BSAC	C	0.01%
LPL	D	0.01%
GGB	C	0.01%
RDY	F	0.01%
CSAN	F	0.01%
KEP	B	0.01%
BRFS	C	0.01%
SBSW	D	0.01%
TSM	B	0.01%
CIB	B	0.01%
ABEV	F	0.01%
CX	F	0.01%
QFIN	A	0.01%
WIT	B	0.01%
ATHM	C	0.0%
JEWL	D	0.0%
BAK	F	0.0%
ASAI	F	0.0%
ENIC	B	0.0%
ELP	F	0.0%
SID	F	0.0%
TS	B	0.0%
WB	D	0.0%
TAK	D	0.0%
EC	D	0.0%
MNTX	B	0.0%
VIV	F	0.0%
CIG	C	0.0%
DQ	F	0.0%
PIXY	F	0.0%
AKO.A	F	0.0%
IQ	F	0.0%
RLX	C	0.0%
KEP	B	0.0%

VEU Underweight 26 Positions Relative to MFDX

Symbol	Grade	Weight
TT	A	-0.37%
MDT	D	-0.36%
NXPI	D	-0.33%
ARM	F	-0.29%
GRMN	B	-0.27%
SE	A	-0.2%
SPOT	B	-0.19%
CHKP	C	-0.12%
RBA	A	-0.11%
TEVA	C	-0.1%
LULU	C	-0.08%
WFG	C	-0.08%
ICLR	D	-0.08%
CCEP	C	-0.06%
ALLE	C	-0.05%
WIX	A	-0.05%
ALV	C	-0.04%
PDS	C	-0.03%
CYBR	A	-0.03%
DOOO	F	-0.02%
ASND	F	-0.02%
FRO	D	-0.02%
MNDY	C	-0.02%
SFL	D	-0.01%
AER	A	-0.01%
CSIQ	F	-0.0%