APIE vs. DFAE ETF Comparison

Comparison of Trust for Professional Managers ActivePassive International Equity ETF (APIE) to Dimensional Emerging Core Equity Market ETF (DFAE)

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

$28.82

Average Daily Volume

46,699

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

DFAE

Dimensional Emerging Core Equity Market ETF

DFAE Description

The investment objective of the Dimensional Emerging Core Equity Market ETF is to achieve long-term capital appreciation.

Grade (RS Rating)

Last Trade

$25.89

Average Daily Volume

685,315

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	APIE	DFAE
30 Days	-5.29%	-5.03%
60 Days	-3.29%	-1.15%
90 Days	-2.65%	-2.01%
12 Months	12.77%	11.42%

90 Overlapping Holdings

Symbol	Grade	Weight in APIE	Weight in DFAE	Overlap
ABEV	F	0.12%	0.0%	0.0%
ABEV	F	0.12%	0.05%	0.05%
AKO.A	F	0.06%	0.0%	0.0%
AKO.A	F	0.05%	0.0%	0.0%
ASAI	F	0.02%	0.06%	0.02%
ASAI	F	0.02%	0.01%	0.01%
ASR	D	0.06%	0.05%	0.05%
ASX	D	0.16%	0.02%	0.02%
BABA	D	1.19%	1.7%	1.19%
BABA	D	1.19%	0.17%	0.17%
BBD	D	0.1%	0.02%	0.02%
BCH	D	0.06%	0.03%	0.03%
BCH	D	0.06%	0.01%	0.01%
BGNE	D	0.1%	0.01%	0.01%
BGNE	D	0.1%	0.05%	0.05%
BIDU	F	0.05%	0.05%	0.05%
BIDU	F	0.05%	0.26%	0.05%
BILI	C	0.03%	0.05%	0.03%
BILI	C	0.03%	0.0%	0.0%
BRFS	D	0.02%	0.02%	0.02%
BRFS	D	0.02%	0.0%	0.0%
BZUN	F	0.01%	0.0%	0.0%
CHT	C	0.08%	0.06%	0.06%
CHT	C	0.08%	0.05%	0.05%
CIB	B	0.07%	0.04%	0.04%
CIG	C	0.08%	0.02%	0.02%
CX	F	0.05%	0.07%	0.05%
EBR	F	0.03%	0.01%	0.01%
ELP	F	0.02%	0.01%	0.01%
ERJ	A	0.13%	0.07%	0.07%
ERJ	A	0.13%	0.04%	0.04%
FMX	F	0.05%	0.06%	0.05%
GDS	C	0.02%	0.04%	0.02%
GFI	D	0.07%	0.14%	0.07%
GGB	C	0.03%	0.01%	0.01%
GGB	C	0.03%	0.05%	0.03%
HDB	B	0.96%	0.51%	0.51%
HDB	B	0.96%	0.2%	0.2%
HMY	C	0.06%	0.04%	0.04%
HTHT	C	0.04%	0.01%	0.01%
IBN	D	0.51%	0.2%	0.2%
IBN	D	0.51%	0.7%	0.51%
IMOS	F	0.04%	0.0%	0.0%
IMOS	F	0.04%	0.01%	0.01%
INFY	D	0.53%	0.39%	0.39%
IQ	F	0.0%	0.02%	0.0%
ITUB	D	0.16%	0.02%	0.02%
JD	D	0.38%	0.01%	0.01%
JKS	F	0.01%	0.01%	0.01%
KB	B	0.22%	0.05%	0.05%
KB	B	0.22%	0.26%	0.22%
KOF	F	0.06%	0.03%	0.03%
LI	F	0.08%	0.03%	0.03%
LI	F	0.08%	0.13%	0.08%
LPL	D	0.02%	0.04%	0.02%
LPL	D	0.02%	0.0%	0.0%
NIO	F	0.03%	0.08%	0.03%
NTES	C	0.12%	0.07%	0.07%
OMAB	F	0.03%	0.01%	0.01%
PAC	A	0.06%	0.1%	0.06%
PBR	D	0.17%	0.03%	0.03%
PDD	D	0.5%	0.74%	0.5%
PHI	F	0.04%	0.0%	0.0%
PKX	F	0.09%	0.03%	0.03%
RDY	D	0.27%	0.11%	0.11%
SBS	C	0.09%	0.01%	0.01%
SBSW	D	0.0%	0.05%	0.0%
SHG	D	0.28%	0.21%	0.21%
SHG	D	0.28%	0.02%	0.02%
SKM	D	0.29%	0.01%	0.01%
SKM	D	0.29%	0.05%	0.05%
SQM	D	0.01%	0.05%	0.01%
SUZ	B	0.02%	0.01%	0.01%
TCOM	B	0.29%	0.07%	0.07%
TCOM	B	0.29%	0.34%	0.29%
TLK	D	0.03%	0.01%	0.01%
TME	F	0.04%	0.07%	0.04%
UGP	F	0.02%	0.01%	0.01%
UMC	F	0.13%	0.05%	0.05%
UMC	F	0.13%	0.1%	0.1%
VALE	F	0.23%	0.06%	0.06%
VALE	F	0.23%	0.28%	0.23%
VIPS	F	0.06%	0.09%	0.06%
VIV	D	0.01%	0.02%	0.01%
WF	C	0.12%	0.01%	0.01%
WIT	B	0.14%	0.01%	0.01%
WIT	B	0.14%	0.09%	0.09%
XPEV	C	0.05%	0.1%	0.05%
ZLAB	C	0.02%	0.0%	0.0%
ZTO	F	0.1%	0.0%	0.0%

APIE Overweight 145 Positions Relative to DFAE

Symbol	Grade	Weight
TSM	B	5.96%
SAP	B	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	D	1.2%
HSBC	A	1.18%
BTI	C	0.92%
BCS	B	0.81%
TAK	D	0.79%
BHP	F	0.75%
DEO	F	0.72%
SNY	F	0.72%
BP	F	0.69%
RIO	D	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%
BBVA	D	0.49%
ING	D	0.46%
PHG	F	0.46%
LYG	C	0.44%
NWG	B	0.43%
MFG	A	0.41%
IHG	A	0.39%
ABBV	F	0.37%
TEF	C	0.37%
MT	B	0.35%
ERIC	A	0.34%
AON	B	0.34%
PSO	B	0.33%
NOK	C	0.32%
E	F	0.31%
ACN	C	0.31%
CHKP	D	0.31%
VOD	D	0.3%
NMR	B	0.3%
HLN	C	0.29%
SNN	D	0.26%
RTO	C	0.26%
LOGI	F	0.25%
KT	D	0.25%
JHX	C	0.21%
GLPG	F	0.2%
FMS	A	0.19%
EQNR	D	0.19%
SE	A	0.15%
WPP	B	0.15%
TEVA	D	0.14%
DOOO	F	0.13%
CRTO	D	0.12%
CUK	A	0.12%
FINV	B	0.11%
ARGX	B	0.1%
NICE	D	0.08%
GRFS	C	0.08%
WDS	F	0.08%
TS	B	0.08%
SW	A	0.08%
FUTU	C	0.08%
QFIN	B	0.07%
CCU	F	0.06%
NNDM	F	0.06%
YY	B	0.06%
BEKE	C	0.06%
GGAL	A	0.05%
ARM	F	0.05%
MTLS	B	0.05%
SOHU	F	0.05%
PAM	A	0.05%
GOLD	C	0.05%
BNTX	C	0.05%
GMAB	F	0.05%
DRD	D	0.04%
YMM	D	0.04%
TKC	B	0.04%
OPRA	A	0.04%
BWAY	C	0.04%
STM	F	0.04%
ATHM	D	0.03%
IMMP	D	0.03%
BLTE	A	0.03%
VLRS	B	0.03%
CRESY	A	0.03%
YPF	A	0.03%
TX	F	0.03%
VIST	B	0.03%
DAVA	D	0.03%
MREO	F	0.02%
BMA	B	0.02%
GNFT	F	0.02%
BZ	F	0.02%
ATAT	C	0.02%
SUPV	A	0.02%
ASND	F	0.02%
HIMX	F	0.02%
XYF	C	0.02%
MOMO	D	0.02%
MYTE	C	0.02%
TAL	D	0.02%
CANG	C	0.02%
ENIC	B	0.02%
EDAP	F	0.01%
JMIA	F	0.01%
YALA	C	0.01%
DOYU	C	0.01%
MNSO	C	0.01%
DAO	C	0.01%
CEPU	A	0.01%
HUYA	F	0.01%
CLLS	D	0.01%
LEGN	F	0.01%
TV	F	0.01%
GRVY	C	0.01%
RERE	D	0.01%
OTLY	F	0.01%
JFIN	B	0.01%
TEO	A	0.01%
BVN	D	0.01%
IPHA	F	0.01%
ADAP	F	0.0%
EVO	C	0.0%
HCM	F	0.0%
SSL	F	0.0%
CNF	F	0.0%
ORAN	D	0.0%
HEPS	C	0.0%
AZUL	F	0.0%
DADA	F	0.0%
RLX	C	0.0%
TOUR	D	0.0%
SIMO	D	0.0%
YRD	C	0.0%
DDL	B	0.0%
EH	C	0.0%
KC	B	0.0%

APIE Underweight 19 Positions Relative to DFAE

Symbol	Grade	Weight
YUMC	B	-0.24%
BAP	A	-0.09%
CAR	C	-0.04%
KEP	B	-0.04%
CSAN	F	-0.04%
BSAC	D	-0.02%
SGRP	D	-0.02%
KEP	B	-0.01%
BAK	F	-0.0%
PDSB	F	-0.0%
LGHT	D	-0.0%
BSBR	F	-0.0%
IFS	A	-0.0%
MGNX	D	-0.0%
BAOS	F	-0.0%
VNET	C	-0.0%
SLDB	F	-0.0%
CSAN	F	-0.0%
SHPH	F	-0.0%