APIE vs. NSI ETF Comparison

Comparison of Trust for Professional Managers ActivePassive International Equity ETF (APIE) to National Security Emerging Markets Index ETF (NSI)

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

$28.80

Average Daily Volume

47,382

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

NSI

National Security Emerging Markets Index ETF

NSI Description

The fund invests at least 80% of its total assets in component securities of the index. The index consists of stocks listed on globally recognized stock exchanges that excludes companies benefiting end-users that, in the view of the sponsor of the fund, National Security Index, LLC (the "Sponsor") pose a threat to the national security interests of the United States.

Grade (RS Rating)

Last Trade

$26.79

Average Daily Volume

1,132

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	APIE	NSI
30 Days	-4.19%	-5.26%
60 Days	-3.36%	-0.77%
90 Days	-3.32%	-2.09%
12 Months	11.90%

70 Overlapping Holdings

Symbol	Grade	Weight in APIE	Weight in NSI	Overlap
ABEV	F	0.12%	0.72%	0.12%
ASAI	F	0.02%	0.18%	0.02%
ASR	D	0.06%	0.44%	0.06%
ASX	D	0.16%	2.02%	0.16%
ATHM	C	0.03%	0.22%	0.03%
BBD	D	0.1%	0.31%	0.1%
BCH	C	0.06%	0.4%	0.06%
BEKE	D	0.06%	0.66%	0.06%
BGNE	D	0.1%	0.56%	0.1%
BILI	D	0.03%	0.38%	0.03%
BRFS	C	0.02%	0.11%	0.02%
BVN	D	0.01%	0.13%	0.01%
BZ	F	0.02%	0.25%	0.02%
CHT	C	0.08%	2.07%	0.08%
CIB	B	0.07%	0.35%	0.07%
CIG	B	0.08%	0.12%	0.08%
CX	F	0.05%	0.26%	0.05%
EBR	F	0.03%	0.17%	0.03%
ELP	F	0.02%	0.1%	0.02%
ENIC	B	0.02%	0.39%	0.02%
ERJ	A	0.13%	0.17%	0.13%
FMX	F	0.05%	0.88%	0.05%
GFI	D	0.07%	0.35%	0.07%
GGB	C	0.03%	0.23%	0.03%
HCM	D	0.0%	0.28%	0.0%
HDB	C	0.96%	3.56%	0.96%
HMY	D	0.06%	0.22%	0.06%
HTHT	D	0.04%	0.53%	0.04%
IBN	C	0.51%	2.23%	0.51%
INFY	C	0.53%	1.24%	0.53%
IQ	F	0.0%	0.23%	0.0%
ITUB	F	0.16%	0.67%	0.16%
KB	B	0.22%	1.19%	0.22%
KOF	F	0.06%	0.5%	0.06%
KT	A	0.25%	1.13%	0.25%
LI	F	0.08%	0.58%	0.08%
LPL	D	0.02%	0.85%	0.02%
NIO	F	0.03%	0.33%	0.03%
NTES	C	0.12%	1.37%	0.12%
OMAB	D	0.03%	0.35%	0.03%
PAC	B	0.06%	0.47%	0.06%
PBR	D	0.17%	1.19%	0.17%
PDD	F	0.5%	4.43%	0.5%
PHI	D	0.04%	0.62%	0.04%
PKX	D	0.09%	1.38%	0.09%
QFIN	A	0.07%	0.43%	0.07%
RDY	F	0.27%	0.89%	0.27%
SBS	B	0.09%	0.11%	0.09%
SBSW	D	0.0%	0.21%	0.0%
SHG	C	0.28%	1.22%	0.28%
SKM	C	0.29%	0.75%	0.29%
SQM	D	0.01%	0.47%	0.01%
SSL	F	0.0%	0.65%	0.0%
SUZ	B	0.02%	0.18%	0.02%
TAL	F	0.02%	0.31%	0.02%
TCOM	B	0.29%	1.07%	0.29%
TKC	B	0.04%	0.62%	0.04%
TLK	D	0.03%	0.37%	0.03%
TSM	B	5.96%	11.91%	5.96%
UGP	F	0.02%	0.1%	0.02%
UMC	F	0.13%	1.85%	0.13%
VALE	F	0.23%	0.98%	0.23%
VIPS	F	0.06%	0.55%	0.06%
VIST	B	0.03%	0.21%	0.03%
VIV	F	0.01%	0.14%	0.01%
WF	C	0.12%	1.08%	0.12%
WIT	B	0.14%	0.44%	0.14%
XPEV	C	0.05%	0.5%	0.05%
YMM	C	0.04%	0.5%	0.04%
ZTO	F	0.1%	0.68%	0.1%

APIE Overweight 142 Positions Relative to NSI

Symbol	Grade	Weight
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	F	1.2%
BABA	D	1.19%
HSBC	A	1.18%
BTI	B	0.92%
BCS	A	0.81%
TAK	D	0.79%
BHP	F	0.75%
DEO	F	0.72%
SNY	F	0.72%
BP	D	0.69%
RIO	D	0.68%
IX	F	0.66%
GSK	F	0.66%
BUD	F	0.65%
TTE	F	0.6%
SMFG	B	0.59%
MUFG	B	0.58%
SAN	D	0.53%
HMC	F	0.53%
NGG	D	0.52%
BBVA	D	0.49%
ING	F	0.46%
PHG	C	0.46%
LYG	D	0.44%
NWG	A	0.43%
MFG	A	0.41%
IHG	A	0.39%
JD	D	0.38%
ABBV	F	0.37%
TEF	C	0.37%
MT	B	0.35%
ERIC	C	0.34%
AON	A	0.34%
PSO	B	0.33%
NOK	D	0.32%
E	F	0.31%
ACN	B	0.31%
CHKP	C	0.31%
VOD	D	0.3%
NMR	B	0.3%
HLN	C	0.29%
SNN	D	0.26%
RTO	C	0.26%
LOGI	D	0.25%
JHX	D	0.21%
GLPG	F	0.2%
FMS	A	0.19%
EQNR	C	0.19%
SE	A	0.15%
WPP	C	0.15%
TEVA	C	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	D	0.08%
TS	B	0.08%
SW	A	0.08%
FUTU	D	0.08%
CCU	D	0.06%
NNDM	D	0.06%
AKO.A	F	0.06%
YY	B	0.06%
GGAL	B	0.05%
ARM	F	0.05%
MTLS	A	0.05%
SOHU	F	0.05%
PAM	A	0.05%
GOLD	C	0.05%
BNTX	C	0.05%
GMAB	F	0.05%
AKO.A	F	0.05%
BIDU	F	0.05%
DRD	D	0.04%
OPRA	B	0.04%
BWAY	B	0.04%
TME	D	0.04%
STM	F	0.04%
IMOS	F	0.04%
IMMP	F	0.03%
BLTE	B	0.03%
VLRS	B	0.03%
CRESY	B	0.03%
YPF	B	0.03%
TX	F	0.03%
DAVA	C	0.03%
MREO	F	0.02%
BMA	C	0.02%
ZLAB	C	0.02%
GNFT	F	0.02%
ATAT	C	0.02%
SUPV	B	0.02%
ASND	F	0.02%
HIMX	F	0.02%
GDS	C	0.02%
XYF	D	0.02%
MOMO	D	0.02%
MYTE	B	0.02%
CANG	B	0.02%
EDAP	F	0.01%
JMIA	F	0.01%
YALA	D	0.01%
DOYU	C	0.01%
MNSO	D	0.01%
BZUN	F	0.01%
DAO	B	0.01%
CEPU	B	0.01%
HUYA	F	0.01%
CLLS	F	0.01%
JKS	F	0.01%
LEGN	D	0.01%
TV	F	0.01%
GRVY	C	0.01%
RERE	C	0.01%
OTLY	F	0.01%
JFIN	F	0.01%
TEO	B	0.01%
IPHA	D	0.01%
ADAP	F	0.0%
EVO	C	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	F	0.0%
DDL	C	0.0%
EH	D	0.0%
KC	B	0.0%

APIE Underweight 18 Positions Relative to NSI

Symbol	Grade	Weight
MELI	C	-1.78%
NU	C	-1.09%
KEP	B	-0.71%
CPNG	D	-0.57%
YUMC	C	-0.36%
XP	F	-0.36%
BSAC	C	-0.24%
BAP	A	-0.24%
TGLS	B	-0.23%
FN	C	-0.23%
STNE	F	-0.18%
MMYT	B	-0.16%
EC	D	-0.16%
PAGS	F	-0.15%
CRDO	B	-0.13%
CSAN	F	-0.1%
BAK	F	-0.09%
BSBR	F	-0.09%

NSI: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Telecom Services Banks - Regional - Asia Internet Content & Information Airports & Air Services Auto Manufacturers Gold Oil & Gas Integrated Semiconductors Specialty Retail Utilities - Regulated Electric Beverages - Brewers Building Materials Chemicals Consumer Electronics Industrial Metals & Minerals Information Technology Services Leisure Oil & Gas Refining & Marketing Software - Application