VWO vs. AVEM ETF Comparison

Comparison of Vanguard FTSE Emerging Markets ETF (VWO) to Avantis Emerging Markets Equity ETF (AVEM)

VWO

Vanguard FTSE Emerging Markets ETF

VWO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in emerging market countries. The fund employs an indexing investment approach by investing substantially all (approximately 95%) of its assets in the common stocks included in the FTSE Emerging Index, while employing a form of sampling to reduce risk. The FTSE Emerging Index includes approximately 851 common stocks of companies located in emerging markets around the world. As of May 31, 2013, the largest markets covered in the index were China, Brazil, Taiwan, and India.

Grade (RS Rating)

Last Trade

$43.46

Average Daily Volume

9,625,944

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVEM

Avantis Emerging Markets Equity ETF

AVEM 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. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities of companies related to emerging market countries.

Grade (RS Rating)

Last Trade

$60.42

Average Daily Volume

308,560

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	VWO	AVEM
30 Days	1.45%	1.35%
60 Days	3.95%	3.86%
90 Days	6.84%	7.23%
12 Months	11.76%	17.35%

77 Overlapping Holdings

Symbol	Grade	Weight in VWO	Weight in AVEM	Overlap
ABEV	F	0.14%	0.07%	0.07%
AKO.A	B	0.01%	0.03%	0.01%
ASAI	D	0.01%	0.06%	0.01%
ASAI	D	0.01%	0.06%	0.01%
ASAI	D	0.12%	0.06%	0.06%
ASAI	D	0.12%	0.06%	0.06%
ATHM	B	0.02%	0.07%	0.02%
ATHM	B	0.0%	0.07%	0.0%
AZUL	F	0.01%	0.0%	0.0%
BABA	C	1.92%	1.6%	1.6%
BAK	F	0.0%	0.01%	0.0%
BBD	F	0.02%	0.13%	0.02%
BCH	A	0.06%	0.06%	0.06%
BEKE	B	0.11%	0.23%	0.11%
BGNE	C	0.1%	0.03%	0.03%
BIDU	C	0.37%	0.07%	0.07%
BILI	B	0.03%	0.0%	0.0%
BRFS	B	0.03%	0.05%	0.03%
BSAC	D	0.01%	0.05%	0.01%
BSBR	B	0.02%	0.04%	0.02%
BZ	B	0.07%	0.02%	0.02%
CAN	F	0.0%	0.01%	0.0%
CAR	D	0.02%	0.04%	0.02%
CHT	C	0.05%	0.11%	0.05%
CHT	C	0.14%	0.11%	0.11%
CIB	C	0.04%	0.04%	0.04%
CIG	B	0.01%	0.06%	0.01%
CSAN	F	0.05%	0.02%	0.02%
DAO	F	0.0%	0.0%	0.0%
DQ	F	0.02%	0.04%	0.02%
EBR	D	0.0%	0.05%	0.0%
EC	B	0.01%	0.06%	0.01%
ELP	D	0.02%	0.03%	0.02%
ERJ	B	0.01%	0.17%	0.01%
ERJ	B	0.05%	0.17%	0.05%
FINV	B	0.01%	0.05%	0.01%
GDS	D	0.01%	0.02%	0.01%
GGB	C	0.0%	0.15%	0.0%
GGB	C	0.06%	0.15%	0.06%
GOTU	C	0.01%	0.01%	0.01%
HDB	D	1.21%	0.41%	0.41%
HOLI	D	0.02%	0.07%	0.02%
HTHT	B	0.01%	0.09%	0.01%
HUYA	B	0.0%	0.01%	0.0%
IBN	B	0.4%	0.4%	0.4%
IMOS	D	0.01%	0.01%	0.01%
IQ	C	0.02%	0.06%	0.02%
ITUB	D	0.08%	0.33%	0.08%
LI	F	0.2%	0.3%	0.2%
MNSO	B	0.0%	0.05%	0.0%
MOMO	C	0.01%	0.06%	0.01%
NIO	C	0.07%	0.04%	0.04%
PDD	B	0.88%	1.0%	0.88%
QFIN	A	0.03%	0.13%	0.03%
RDY	C	0.03%	0.17%	0.03%
SBS	C	0.02%	0.09%	0.02%
SBSW	D	0.04%	0.07%	0.04%
SGRP	B	0.01%	0.02%	0.01%
SID	F	0.01%	0.07%	0.01%
SOHU	B	0.0%	0.01%	0.0%
SQM	D	0.01%	0.06%	0.01%
TAL	B	0.06%	0.12%	0.06%
TCOM	A	0.29%	0.22%	0.22%
TME	B	0.09%	0.13%	0.09%
TSM	B	0.45%	5.02%	0.45%
TUYA	C	0.0%	0.0%	0.0%
UMC	C	0.07%	0.31%	0.07%
UMC	C	0.17%	0.31%	0.17%
VALE	C	0.57%	0.5%	0.5%
VIPS	D	0.07%	0.28%	0.07%
VNET	C	0.0%	0.01%	0.0%
WB	C	0.01%	0.05%	0.01%
WIT	D	0.02%	0.06%	0.02%
WIT	D	0.08%	0.06%	0.06%
XPEV	F	0.06%	0.01%	0.01%
YUMC	F	0.17%	0.28%	0.17%
YY	C	0.01%	0.04%	0.01%

VWO Overweight 13 Positions Relative to AVEM

Symbol	Grade	Weight
YMM	B	0.06%
RLX	B	0.02%
EH	C	0.01%
ATAT	F	0.01%
CSIQ	F	0.01%
JKS	C	0.01%
ENIC	B	0.0%
JEWL	F	0.0%
BAOS	F	0.0%
DDL	C	0.0%
DADA	F	0.0%
UBSI	D	0.0%
ZH	F	0.0%

VWO Underweight 58 Positions Relative to AVEM

Symbol	Grade	Weight
NTES	F	-0.75%
INFY	D	-0.58%
PBR	A	-0.5%
KB	B	-0.37%
PKX	F	-0.36%
ASX	D	-0.31%
SHG	B	-0.31%
ZTO	C	-0.27%
CPNG	B	-0.25%
GFI	B	-0.21%
FMX	D	-0.18%
BAP	B	-0.15%
BVN	B	-0.15%
TLK	F	-0.13%
UGP	D	-0.13%
SUZ	F	-0.13%
HMY	B	-0.13%
CX	D	-0.12%
STNE	C	-0.12%
PAC	A	-0.11%
ASR	B	-0.1%
OMAB	B	-0.1%
XP	D	-0.08%
SCCO	B	-0.08%
PAGS	D	-0.07%
LPL	D	-0.07%
TKC	A	-0.06%
NU	C	-0.05%
SSL	F	-0.05%
TV	C	-0.04%
JD	B	-0.04%
KEP	D	-0.04%
KT	D	-0.04%
VLRS	C	-0.03%
PHI	B	-0.03%
CBD	F	-0.01%
LX	C	-0.01%
CCU	B	-0.01%
NOAH	B	-0.01%
IFS	D	-0.01%
VIV	F	-0.01%
SKM	D	-0.01%
XYF	D	-0.0%
CANG	B	-0.0%
CNF	F	-0.0%
OLED	B	-0.0%
CAAS	C	-0.0%
KC	C	-0.0%
NIU	C	-0.0%
SHPH	F	-0.0%
FANH	F	-0.0%
SOL	F	-0.0%
PWFL	B	-0.0%
API	C	-0.0%
QD	C	-0.0%
TIGR	D	-0.0%
PDSB	F	-0.0%
GRIN	B	-0.0%