VWO vs. SPEM ETF Comparison

Comparison of Vanguard FTSE Emerging Markets ETF (VWO) to SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF (SPEM)

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

$45.36

Average Daily Volume

8,187,984

Number of Holdings ^*

81

* may have additional holdings in another (foreign) market

SPEM

SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF

SPEM Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.17

Average Daily Volume

1,690,073

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	VWO	SPEM
30 Days	-4.28%	-4.03%
60 Days	0.24%	0.43%
90 Days	1.03%	1.29%
12 Months	15.49%	16.51%

66 Overlapping Holdings

	Symbol	Grade	Weight in VWO	Weight in SPEM	Overlap
	ABEV	F	0.11%	0.12%	0.11%
	ASAI	F	0.0%	0.06%	0.0%
	ASAI	F	0.07%	0.06%	0.06%
	ATHM	C	0.0%	0.02%	0.0%
	ATHM	C	0.02%	0.02%	0.02%
	BABA	D	2.32%	1.92%	1.92%
	BAK	F	0.0%	0.01%	0.0%
	BBD	D	0.01%	0.16%	0.01%
	BCH	C	0.06%	0.02%	0.02%
	BEKE	D	0.15%	0.15%	0.15%
	BGNE	D	0.14%	0.14%	0.14%
	BIDU	F	0.28%	0.27%	0.27%
	BILI	D	0.07%	0.06%	0.06%
	BRFS	C	0.03%	0.04%	0.03%
	BZ	F	0.05%	0.04%	0.04%
	CAN	C	0.0%	0.0%	0.0%
	CHT	C	0.04%	0.18%	0.04%
	CHT	C	0.12%	0.18%	0.12%
	CIB	B	0.03%	0.04%	0.03%
	CIG	C	0.01%	0.1%	0.01%
	CSAN	F	0.03%	0.03%	0.03%
	DADA	F	0.0%	0.0%	0.0%
	DDL	C	0.01%	0.01%	0.01%
	DQ	F	0.01%	0.02%	0.01%
	EBR	F	0.0%	0.08%	0.0%
	EH	D	0.01%	0.01%	0.01%
	ENIC	B	0.0%	0.05%	0.0%
	ERJ	A	0.01%	0.13%	0.01%
	ERJ	A	0.06%	0.13%	0.06%
	FINV	B	0.01%	0.0%	0.0%
	GDS	C	0.02%	0.03%	0.02%
	GGB	C	0.0%	0.08%	0.0%
	GGB	C	0.04%	0.08%	0.04%
	GOTU	F	0.0%	0.01%	0.0%
	HDB	C	1.29%	1.23%	1.23%
	HUYA	F	0.0%	0.0%	0.0%
	IBN	C	0.66%	0.92%	0.66%
	IQ	F	0.01%	0.01%	0.01%
	ITUB	F	0.06%	0.37%	0.06%
	JKS	F	0.01%	0.01%	0.01%
	LI	F	0.15%	0.14%	0.14%
	MOMO	D	0.01%	0.01%	0.01%
	NIO	F	0.07%	0.07%	0.07%
	PDD	F	0.95%	0.81%	0.81%
	QFIN	A	0.04%	0.04%	0.04%
	RDY	F	0.03%	0.16%	0.03%
	RLX	C	0.01%	0.01%	0.01%
	SBSW	D	0.04%	0.03%	0.03%
	SID	F	0.0%	0.02%	0.0%
	SOHU	F	0.0%	0.0%	0.0%
	TAL	F	0.05%	0.05%	0.05%
	TCOM	B	0.4%	0.33%	0.33%
	TME	D	0.09%	0.06%	0.06%
	UMC	F	0.04%	0.22%	0.04%
	UMC	F	0.14%	0.22%	0.14%
	VALE	F	0.46%	0.39%	0.39%
	VALE	F	0.46%	0.02%	0.02%
	VIPS	F	0.05%	0.05%	0.05%
	VNET	B	0.0%	0.0%	0.0%
	WB	D	0.01%	0.0%	0.0%
	WIT	B	0.02%	0.17%	0.02%
	WIT	B	0.08%	0.17%	0.08%
	XPEV	C	0.08%	0.08%	0.08%
	YMM	C	0.07%	0.06%	0.06%
	YUMC	C	0.19%	0.22%	0.19%
	YY	B	0.01%	0.02%	0.01%

VWO Overweight 16 Positions Relative to SPEM

	Symbol	Grade	Weight
	SGRP	D	0.02%
	ATAT	C	0.02%
	SBS	B	0.02%
	CAR	C	0.02%
	EC	D	0.01%
	IMOS	F	0.01%
	CSIQ	F	0.01%
	BSAC	C	0.01%
	ELP	F	0.01%
	AKO.A	F	0.01%
	BSBR	F	0.01%
	BAOS	F	0.0%
	JEWL	D	0.0%
	DAO	B	0.0%
	AZUL	F	0.0%
	SQM	D	0.0%

VWO Underweight 43 Positions Relative to SPEM

	Symbol	Grade	Weight
	INFY	C	-0.88%
	NU	C	-0.49%
	PBR	D	-0.28%
	BAP	A	-0.16%
	ZTO	F	-0.11%
	SCCO	F	-0.11%
	BVN	D	-0.06%
	MMYT	B	-0.06%
	SUZ	B	-0.04%
	VIST	B	-0.04%
	STNE	F	-0.03%
	LEGN	D	-0.03%
	SBLK	F	-0.02%
	HEPS	C	-0.02%
	PAGS	F	-0.02%
	SIMO	D	-0.02%
	MNSO	D	-0.02%
	DAC	C	-0.01%
	TIGR	D	-0.01%
	TEN	F	-0.01%
	HIMX	F	-0.01%
	BLTE	B	-0.01%
	BWMX	F	-0.01%
	SB	F	-0.01%
	VTEX	F	-0.01%
	GPI	B	-0.0%
	VSTA	F	-0.0%
	IH	F	-0.0%
	NIU	F	-0.0%
	TUYA	D	-0.0%
	DOYU	C	-0.0%
	DSX	F	-0.0%
	BTBT	C	-0.0%
	CBAT	F	-0.0%
	CINT	C	-0.0%
	NEXA	B	-0.0%
	NOAH	D	-0.0%
	LX	B	-0.0%
	API	B	-0.0%
	AFYA	F	-0.0%
	YALA	D	-0.0%
	RERE	C	-0.0%
	RNW	D	-0.0%

VWO: Top Represented Industries & Keywords

Industries: Internet Content & Information Banks - Regional - Latin America Auto Manufacturers Specialty Retail Aerospace & Defense Banks - Regional - Asia Chemicals Credit Services Education & Training Services Grocery Stores Information Technology Services Semiconductors Solar Steel Utilities - Diversified Utilities - Regulated Electric Advertising Agencies Airlines Beverages - Brewers Beverages - Non-Alcoholic

Keywords: Bank Games Banking Currency Financial Products Investment Banking Online Game Transport Advertising Services Cash Management Distribution Network Electricity Factoring Investment Product Commercial Banking Computing Concurrent Computing Consumer Finance Deposit Products Electric Vehicle

SPEM: Top Represented Industries & Keywords

Industries: Internet Content & Information Banks - Regional - Latin America Education & Training Services Shipping & Ports Software - Application Specialty Retail Auto Manufacturers Credit Services Biotechnology Industrial Metals & Minerals Information Technology Services Internet Retail Semiconductors Software - Infrastructure Aerospace & Defense Banks - Regional - Asia Grocery Stores Leisure Steel Utilities - Regulated Electric

Keywords: Bank Banking Cloud Computing Games Computing Investment Banking Transport Currency Investment Product Online Game Concurrent Computing E Commerce E-Commerce Electric Vehicle Financial Products Fintech Mining Mobile Devices Payment Systems Advertising Services