APIE vs. AVXC ETF Comparison

Comparison of Trust for Professional Managers ActivePassive International Equity ETF (APIE) to Avantis Emerging Markets ex-China Equity ETF (AVXC)

APIE

Trust for Professional Managers ActivePassive International Equity ETF

APIE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.

Grade (RS Rating)

Last Trade

$28.66

Average Daily Volume

46,149

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

AVXC

Avantis Emerging Markets ex-China Equity ETF

AVXC Description

AVXC aims to achieve long-term capital growth by investing in a varied selection of companies from emerging markets, with China being a notable exception. It prioritizes companies with smaller market capitalizations that exhibit strong profitability and value characteristics. The manager utilizes financial data and market information to identify suitable securities, focusing on metrics like adjusted book/price and cash from operations to book value ratios. Additional factors considered include industry classification, historical performance, liquidity, among others. Security weightings are determined based on market capitalization and potential for returns relative to its peers. AVXC adjusts its holdings according to desired characteristics and may reduce exposure or sell if criteria are not met, considering past performance, expected returns, implementation costs, and tax implications. The fund has the capability to invest in foreign-denominated securities and partake in securities lending activities.

Grade (RS Rating)

Last Trade

$50.95

Average Daily Volume

16,205

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	APIE	AVXC
30 Days	-5.00%	-6.18%
60 Days	-3.65%	-5.53%
90 Days	-2.43%	-5.10%
12 Months	14.16%

53 Overlapping Holdings

Symbol	Grade	Weight in APIE	Weight in AVXC	Overlap
ABEV	D	0.12%	0.1%	0.1%
AKO.A	D	0.06%	0.06%	0.06%
AKO.A	D	0.05%	0.06%	0.05%
ASAI	F	0.02%	0.13%	0.02%
ASR	F	0.06%	0.09%	0.06%
ASX	F	0.16%	0.32%	0.16%
AZUL	F	0.0%	0.0%	0.0%
BBD	D	0.1%	0.3%	0.1%
BCH	D	0.06%	0.11%	0.06%
BRFS	D	0.02%	0.06%	0.02%
BVN	F	0.01%	0.02%	0.01%
CCU	F	0.06%	0.04%	0.04%
CHT	D	0.08%	0.11%	0.08%
CIB	C	0.07%	0.04%	0.04%
CIG	C	0.08%	0.16%	0.08%
CX	F	0.05%	0.1%	0.05%
EBR	F	0.03%	0.14%	0.03%
ERJ	A	0.13%	0.22%	0.13%
FMX	F	0.05%	0.15%	0.05%
GFI	F	0.07%	0.21%	0.07%
GGB	B	0.03%	0.16%	0.03%
HDB	C	0.96%	0.78%	0.78%
HMY	F	0.06%	0.1%	0.06%
IBN	C	0.51%	0.47%	0.47%
IMOS	F	0.04%	0.01%	0.01%
INFY	D	0.53%	0.9%	0.53%
ITUB	D	0.16%	0.41%	0.16%
KB	C	0.22%	0.53%	0.22%
KT	C	0.25%	0.03%	0.03%
LPL	F	0.02%	0.12%	0.02%
OMAB	F	0.03%	0.08%	0.03%
PAC	A	0.06%	0.18%	0.06%
PBR	D	0.17%	0.44%	0.17%
PHI	F	0.04%	0.04%	0.04%
PKX	F	0.09%	0.06%	0.06%
RDY	D	0.27%	0.21%	0.21%
SBS	C	0.09%	0.13%	0.09%
SBSW	D	0.0%	0.17%	0.0%
SHG	D	0.28%	0.37%	0.28%
SKM	D	0.29%	0.08%	0.08%
SQM	D	0.01%	0.08%	0.01%
SSL	F	0.0%	0.04%	0.0%
SUZ	B	0.02%	0.16%	0.02%
TKC	C	0.04%	0.09%	0.04%
TLK	F	0.03%	0.13%	0.03%
TSM	B	5.96%	8.36%	5.96%
TV	F	0.01%	0.08%	0.01%
UGP	F	0.02%	0.04%	0.02%
UMC	F	0.13%	0.27%	0.13%
VALE	F	0.23%	0.68%	0.23%
VIV	D	0.01%	0.09%	0.01%
VLRS	B	0.03%	0.05%	0.03%
WIT	B	0.14%	0.1%	0.1%

APIE Overweight 159 Positions Relative to AVXC

Symbol	Grade	Weight
SAP	C	1.98%
RELX	D	1.54%
NVO	F	1.45%
NVS	D	1.33%
UL	D	1.28%
AZN	F	1.25%
ASML	F	1.22%
TM	F	1.2%
BABA	D	1.19%
HSBC	A	1.18%
BTI	C	0.92%
BCS	A	0.81%
TAK	D	0.79%
BHP	F	0.75%
DEO	F	0.72%
SNY	D	0.72%
BP	F	0.69%
RIO	F	0.68%
IX	D	0.66%
GSK	F	0.66%
BUD	F	0.65%
TTE	F	0.6%
SMFG	A	0.59%
MUFG	A	0.58%
SAN	C	0.53%
HMC	F	0.53%
NGG	D	0.52%
PDD	F	0.5%
BBVA	D	0.49%
ING	D	0.46%
PHG	F	0.46%
LYG	C	0.44%
NWG	A	0.43%
MFG	A	0.41%
IHG	A	0.39%
JD	C	0.38%
ABBV	F	0.37%
TEF	D	0.37%
MT	B	0.35%
ERIC	B	0.34%
AON	A	0.34%
PSO	B	0.33%
NOK	B	0.32%
E	F	0.31%
ACN	C	0.31%
CHKP	D	0.31%
VOD	D	0.3%
NMR	B	0.3%
HLN	D	0.29%
TCOM	B	0.29%
SNN	D	0.26%
RTO	C	0.26%
LOGI	F	0.25%
JHX	C	0.21%
GLPG	F	0.2%
FMS	A	0.19%
EQNR	D	0.19%
SE	B	0.15%
WPP	B	0.15%
TEVA	D	0.14%
DOOO	F	0.13%
CRTO	D	0.12%
NTES	C	0.12%
CUK	A	0.12%
WF	D	0.12%
FINV	C	0.11%
ARGX	B	0.1%
ZTO	D	0.1%
BGNE	D	0.1%
NICE	D	0.08%
GRFS	B	0.08%
WDS	F	0.08%
TS	A	0.08%
SW	A	0.08%
FUTU	C	0.08%
LI	F	0.08%
QFIN	B	0.07%
NNDM	F	0.06%
KOF	F	0.06%
VIPS	F	0.06%
YY	C	0.06%
BEKE	C	0.06%
GGAL	A	0.05%
ARM	F	0.05%
MTLS	A	0.05%
SOHU	F	0.05%
XPEV	C	0.05%
PAM	A	0.05%
GOLD	F	0.05%
BNTX	D	0.05%
GMAB	F	0.05%
BIDU	F	0.05%
HTHT	C	0.04%
DRD	C	0.04%
YMM	C	0.04%
OPRA	A	0.04%
BWAY	C	0.04%
TME	F	0.04%
STM	F	0.04%
ATHM	D	0.03%
IMMP	D	0.03%
BLTE	A	0.03%
CRESY	A	0.03%
BILI	C	0.03%
YPF	A	0.03%
TX	F	0.03%
VIST	C	0.03%
NIO	F	0.03%
DAVA	C	0.03%
MREO	F	0.02%
BMA	A	0.02%
ELP	F	0.02%
ZLAB	C	0.02%
GNFT	D	0.02%
BZ	F	0.02%
ATAT	B	0.02%
SUPV	A	0.02%
ASND	F	0.02%
HIMX	F	0.02%
GDS	B	0.02%
XYF	C	0.02%
MOMO	D	0.02%
MYTE	C	0.02%
TAL	D	0.02%
CANG	B	0.02%
ENIC	D	0.02%
EDAP	F	0.01%
JMIA	F	0.01%
YALA	C	0.01%
DOYU	B	0.01%
MNSO	D	0.01%
BZUN	F	0.01%
DAO	C	0.01%
CEPU	A	0.01%
HUYA	F	0.01%
CLLS	D	0.01%
JKS	D	0.01%
LEGN	F	0.01%
GRVY	C	0.01%
RERE	D	0.01%
OTLY	F	0.01%
JFIN	C	0.01%
TEO	A	0.01%
IPHA	F	0.01%
ADAP	F	0.0%
EVO	C	0.0%
HCM	F	0.0%
CNF	F	0.0%
ORAN	F	0.0%
HEPS	C	0.0%
IQ	F	0.0%
DADA	F	0.0%
RLX	C	0.0%
TOUR	C	0.0%
SIMO	F	0.0%
YRD	C	0.0%
DDL	B	0.0%
EH	C	0.0%
KC	B	0.0%

APIE Underweight 18 Positions Relative to AVXC

Symbol	Grade	Weight
BAP	A	-0.3%
NU	C	-0.18%
CAR	C	-0.11%
SCCO	F	-0.11%
TWI	F	-0.09%
SGRP	D	-0.08%
CSAN	F	-0.08%
XP	F	-0.06%
IFS	A	-0.06%
KEP	B	-0.05%
SID	F	-0.05%
BSBR	F	-0.04%
PAGS	F	-0.04%
BSAC	D	-0.03%
PAX	C	-0.02%
EC	D	-0.02%
BAK	F	-0.02%
SHPH	F	-0.0%