VWO vs. EWX ETF Comparison

Comparison of Vanguard FTSE Emerging Markets ETF (VWO) to SPDR S&P Emerging Markets Small Cap ETF (EWX)

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

$43.08

Average Daily Volume

9,213,030

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EWX

SPDR S&P Emerging Markets Small Cap ETF

EWX Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the small capitalization segment of global emerging market countries. The fund employs a sampling strategy in seeking to track the performance of the S&PÂ® Emerging Markets Under USD2 Billion Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.58

Average Daily Volume

96,346

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VWO	EWX
30 Days	2.04%	1.18%
60 Days	2.72%	2.22%
90 Days	3.73%	1.62%
12 Months	12.41%	14.56%

17 Overlapping Holdings

Symbol	Grade	Weight in VWO	Weight in EWX	Overlap
CAN	F	0.0%	0.01%	0.0%
CAR	D	0.02%	0.16%	0.02%
DADA	F	0.0%	0.01%	0.0%
DAO	D	0.0%	0.0%	0.0%
DDL	C	0.0%	0.01%	0.0%
EH	C	0.01%	0.06%	0.01%
FINV	B	0.01%	0.07%	0.01%
GOTU	B	0.01%	0.08%	0.01%
HOLI	D	0.02%	0.12%	0.02%
HUYA	B	0.0%	0.05%	0.0%
IMOS	F	0.01%	0.07%	0.01%
JKS	D	0.01%	0.1%	0.01%
MOMO	C	0.01%	0.07%	0.01%
SGRP	C	0.01%	0.08%	0.01%
SOHU	B	0.0%	0.02%	0.0%
TUYA	B	0.0%	0.03%	0.0%
VNET	C	0.0%	0.01%	0.0%

VWO Overweight 69 Positions Relative to EWX

Symbol	Grade	Weight
BABA	B	2.0%
HDB	D	1.28%
PDD	B	0.95%
VALE	C	0.58%
IBN	C	0.42%
BIDU	C	0.36%
TCOM	A	0.32%
TSM	B	0.24%
LI	F	0.18%
UMC	C	0.17%
YUMC	F	0.16%
ABEV	F	0.13%
CHT	D	0.13%
BEKE	B	0.12%
ASAI	F	0.11%
BGNE	C	0.1%
TME	B	0.1%
NIO	D	0.08%
WIT	D	0.08%
BZ	B	0.08%
XPEV	F	0.07%
YMM	C	0.07%
ITUB	D	0.07%
TAL	B	0.06%
BCH	A	0.06%
UMC	C	0.06%
VIPS	D	0.06%
CHT	D	0.05%
ERJ	C	0.05%
GGB	C	0.05%
CIB	B	0.04%
SBSW	D	0.04%
CSAN	F	0.04%
BILI	C	0.04%
QFIN	B	0.03%
BRFS	B	0.03%
IQ	C	0.03%
RDY	F	0.03%
BSBR	C	0.02%
SBS	D	0.02%
ATHM	B	0.02%
WIT	D	0.02%
BBD	F	0.02%
RLX	C	0.02%
SID	F	0.01%
AZUL	F	0.01%
CIG	C	0.01%
SQM	F	0.01%
WB	C	0.01%
ERJ	C	0.01%
GDS	D	0.01%
BSAC	C	0.01%
CSIQ	F	0.01%
EC	C	0.01%
YY	C	0.01%
ATAT	F	0.01%
DQ	F	0.01%
AKO.A	B	0.01%
ELP	F	0.01%
ENIC	B	0.0%
BAOS	F	0.0%
JEWL	F	0.0%
ATHM	B	0.0%
EBR	F	0.0%
BAK	F	0.0%
GGB	C	0.0%
UBSI	C	0.0%
ZH	F	0.0%
ASAI	F	0.0%

VWO Underweight 39 Positions Relative to EWX

Symbol	Grade	Weight
SIMO	B	-0.23%
SBLK	B	-0.18%
DAC	B	-0.1%
CMRE	B	-0.08%
HIMX	C	-0.07%
NOAH	B	-0.07%
TNP	A	-0.06%
GRIN	B	-0.04%
AFYA	D	-0.04%
VTEX	F	-0.04%
GPRK	B	-0.04%
SB	B	-0.04%
HEPS	B	-0.03%
BLTE	C	-0.03%
QD	F	-0.03%
YALA	F	-0.03%
DSX	B	-0.03%
GASS	B	-0.03%
NEXA	B	-0.03%
VINP	D	-0.03%
TIGR	C	-0.03%
SHPH	D	-0.02%
API	B	-0.02%
WDH	F	-0.02%
BWMX	D	-0.02%
RERE	B	-0.02%
CINT	F	-0.01%
VTRU	F	-0.01%
FNGR	D	-0.01%
PDSB	F	-0.01%
LX	C	-0.01%
BTBT	F	-0.01%
FANH	F	-0.01%
IMAB	D	-0.0%
CBAT	B	-0.0%
SOL	F	-0.0%
NIU	D	-0.0%
DOYU	B	-0.0%
YI	F	-0.0%