VSGX vs. GEM ETF Comparison

Comparison of Vanguard ESG International Stock ETF (VSGX) to Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)

VSGX

Vanguard ESG International Stock ETF

VSGX Description

The investment seeks to track the performance of the FTSE Global All Cap ex US Choice Index. The fund invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full index in terms of key characteristics. The index, which is market-capitalization weighted, is composed of large-, mid-, and small-cap stocks of companies in developed and emerging markets, excluding the United States, and is screened for certain environmental, social, and corporate governance (ESG) criteria by the index sponsor, which is independent of Vanguard.

Grade (RS Rating)

Last Trade

$57.89

Average Daily Volume

137,399

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$33.19

Average Daily Volume

67,722

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VSGX	GEM
30 Days	-3.55%	-4.28%
60 Days	-3.87%	-0.55%
90 Days	-3.96%	-1.04%
12 Months	13.61%	12.25%

23 Overlapping Holdings

Symbol	Grade	Weight in VSGX	Weight in GEM	Overlap
ASAI	F	0.03%	0.04%	0.03%
ATHM	C	0.01%	0.07%	0.01%
BABA	D	0.9%	1.93%	0.9%
BCH	C	0.02%	0.09%	0.02%
BEKE	D	0.05%	0.05%	0.05%
BGNE	D	0.05%	0.11%	0.05%
BRFS	C	0.01%	0.04%	0.01%
BZ	F	0.02%	0.03%	0.02%
CHT	C	0.06%	0.06%	0.06%
GGB	C	0.02%	0.09%	0.02%
HDB	C	0.46%	0.46%	0.46%
IBN	C	0.23%	0.8%	0.23%
KB	B	0.08%	0.27%	0.08%
LI	F	0.06%	0.06%	0.06%
LPL	D	0.01%	0.04%	0.01%
PDD	F	0.38%	0.75%	0.38%
SHG	C	0.08%	0.2%	0.08%
TAL	F	0.02%	0.06%	0.02%
TCOM	B	0.13%	0.18%	0.13%
UMC	F	0.08%	0.18%	0.08%
VIPS	F	0.02%	0.2%	0.02%
WIT	B	0.04%	0.21%	0.04%
YUMC	C	0.07%	0.24%	0.07%

VSGX Overweight 74 Positions Relative to GEM

Symbol	Grade	Weight
NVS	F	0.94%
TM	F	0.85%
UL	D	0.64%
SONY	B	0.47%
MUFG	B	0.46%
TD	D	0.45%
SHOP	B	0.39%
SMFG	B	0.32%
CNI	F	0.26%
MFG	A	0.21%
LYG	D	0.2%
HMC	F	0.2%
BCS	A	0.18%
WCN	A	0.18%
STLA	F	0.11%
SW	A	0.1%
LOGI	D	0.06%
RBA	A	0.06%
NMR	B	0.06%
XRX	F	0.06%
OTEX	F	0.04%
QGEN	D	0.04%
YMM	C	0.03%
BILI	D	0.03%
WFG	C	0.03%
XPEV	C	0.03%
NIO	F	0.03%
PRMW	C	0.02%
MBAVU	C	0.02%
ATAT	C	0.01%
TRMD	F	0.01%
SQM	D	0.01%
GOGL	F	0.01%
DOOO	F	0.01%
HAFN	D	0.01%
GDS	C	0.01%
LSPD	C	0.01%
CAR	C	0.01%
LIF	C	0.01%
FRO	D	0.01%
JEWL	D	0.0%
BAOS	F	0.0%
GCBC	C	0.0%
CALX	D	0.0%
DAO	B	0.0%
SLDB	F	0.0%
VGR	B	0.0%
DADA	F	0.0%
CAN	C	0.0%
AUDC	D	0.0%
VMAR	F	0.0%
IONR	D	0.0%
AZUL	F	0.0%
CHGX	A	0.0%
SOHU	F	0.0%
RENB	F	0.0%
DDL	C	0.0%
SSBI	D	0.0%
VNET	B	0.0%
GOTU	F	0.0%
ELBM	D	0.0%
EH	D	0.0%
IMOS	F	0.0%
FLNG	C	0.0%
MNTX	B	0.0%
CSIQ	F	0.0%
CIB	B	0.0%
DQ	F	0.0%
FINV	B	0.0%
PIXY	F	0.0%
SPNS	F	0.0%
JKS	F	0.0%
YY	B	0.0%
MOMO	D	0.0%

VSGX Underweight 17 Positions Relative to GEM

Symbol	Grade	Weight
VALE	F	-0.41%
SKM	C	-0.22%
QFIN	A	-0.2%
BIDU	F	-0.15%
NU	C	-0.14%
TME	D	-0.1%
SCCO	F	-0.09%
KT	A	-0.09%
BAP	A	-0.08%
ABEV	F	-0.07%
ERJ	A	-0.05%
XP	F	-0.05%
KEP	B	-0.04%
CSAN	F	-0.04%
IQ	F	-0.03%
BVN	D	-0.03%
PAGS	F	-0.03%