VWO vs. AVES ETF Comparison

Comparison of Vanguard FTSE Emerging Markets ETF (VWO) to Avantis Emerging Markets Value ETF (AVES)

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

$45.41

Average Daily Volume

8,279,957

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVES

Avantis Emerging Markets Value ETF

AVES Description

Avantis Emerging Markets Value ETF is an exchange traded fund launched and managed by American Century Investment Management, Inc. The fund invests in the public equity markets of emerging countries across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalizations. It benchmarks the performance of its portfolio against the MSCI Emerging Markets Value IMI Index. American Century ETF Trust - Avantis Emerging Markets Value ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.74

Average Daily Volume

30,402

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VWO	AVES
30 Days	-3.65%	-3.74%
60 Days	-0.55%	-2.59%
90 Days	1.05%	-2.03%
12 Months	15.51%	12.97%

28 Overlapping Holdings

Symbol	Grade	Weight in VWO	Weight in AVES	Overlap
AKO.A	F	0.01%	0.05%	0.01%
ATHM	D	0.0%	0.0%	0.0%
ATHM	D	0.02%	0.0%	0.0%
BAK	F	0.0%	0.0%	0.0%
BBD	D	0.01%	0.28%	0.01%
BCH	F	0.06%	0.14%	0.06%
BEKE	D	0.15%	0.49%	0.15%
CSIQ	F	0.01%	0.04%	0.01%
DQ	F	0.01%	0.11%	0.01%
FINV	B	0.01%	0.14%	0.01%
GDS	C	0.02%	0.0%	0.0%
GGB	C	0.04%	0.19%	0.04%
GGB	C	0.0%	0.19%	0.0%
IMOS	F	0.01%	0.04%	0.01%
IQ	F	0.01%	0.11%	0.01%
LI	F	0.15%	0.61%	0.15%
MOMO	D	0.01%	0.19%	0.01%
QFIN	B	0.04%	0.58%	0.04%
RDY	F	0.03%	0.11%	0.03%
SBSW	D	0.04%	0.08%	0.04%
SID	F	0.0%	0.12%	0.0%
SQM	F	0.0%	0.0%	0.0%
UMC	F	0.04%	0.37%	0.04%
UMC	F	0.14%	0.37%	0.14%
VALE	F	0.46%	0.6%	0.46%
VIPS	F	0.05%	0.44%	0.05%
VNET	B	0.0%	0.03%	0.0%
WB	D	0.01%	0.01%	0.01%

VWO Overweight 53 Positions Relative to AVES

Symbol	Grade	Weight
BABA	D	2.32%
HDB	C	1.29%
PDD	F	0.95%
IBN	C	0.66%
TCOM	B	0.4%
BIDU	F	0.28%
YUMC	C	0.19%
BGNE	D	0.14%
CHT	D	0.12%
ABEV	F	0.11%
TME	D	0.09%
XPEV	C	0.08%
WIT	A	0.08%
BILI	D	0.07%
NIO	F	0.07%
ASAI	F	0.07%
YMM	C	0.07%
ITUB	F	0.06%
ERJ	B	0.06%
BZ	F	0.05%
TAL	F	0.05%
CHT	D	0.04%
CSAN	F	0.03%
CIB	B	0.03%
BRFS	D	0.03%
SGRP	D	0.02%
ATAT	C	0.02%
SBS	B	0.02%
WIT	A	0.02%
CAR	C	0.02%
EC	D	0.01%
DDL	C	0.01%
CIG	C	0.01%
EH	F	0.01%
BSAC	F	0.01%
ELP	F	0.01%
ERJ	B	0.01%
YY	C	0.01%
JKS	F	0.01%
BSBR	F	0.01%
RLX	C	0.01%
ENIC	D	0.0%
BAOS	F	0.0%
JEWL	F	0.0%
HUYA	F	0.0%
DADA	F	0.0%
ASAI	F	0.0%
EBR	F	0.0%
DAO	B	0.0%
CAN	C	0.0%
AZUL	F	0.0%
SOHU	F	0.0%
GOTU	F	0.0%

VWO Underweight 28 Positions Relative to AVES

Symbol	Grade	Weight
KB	B	-1.07%
SHG	D	-0.75%
ZTO	F	-0.55%
GFI	D	-0.3%
TLK	D	-0.26%
ASX	D	-0.23%
KT	A	-0.14%
SUZ	C	-0.13%
PBR	C	-0.13%
NTES	D	-0.12%
LPL	F	-0.1%
SKM	D	-0.1%
SSL	F	-0.07%
LX	C	-0.06%
TKC	C	-0.06%
VLRS	C	-0.05%
NOAH	D	-0.04%
TWI	F	-0.04%
PKX	F	-0.04%
QD	C	-0.02%
ABM	B	-0.01%
CCU	D	-0.01%
PHI	D	-0.0%
PAC	B	-0.0%
PAGS	F	-0.0%
CAAS	C	-0.0%
UGP	F	-0.0%
YRD	F	-0.0%