AVDE vs. LCTD ETF Comparison

Comparison of Avantis International Equity ETF (AVDE) to BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD)

AVDE

Avantis International Equity ETF

AVDE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. It may invest in companies of all market capitalizations. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities. It also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$63.21

Average Daily Volume

265,509

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

LCTD

BlackRock World ex U.S. Carbon Transition Readiness ETF

LCTD Description

The investment seeks long-term capital appreciation by investing in large- and mid-capitalization World ex U.S. equity securities that may be better positioned to benefit from the transition to a low-carbon economy. The fund seeks to outperform the price and yield performance of the MSCI World ex USA Index. The Advisor selects portfolio securities that are components of the index. The index measures the performance of large- and mid-capitalization stocks across global developed market countries, excluding the U.S. It is non-diversified.

Grade (RS Rating)

Last Trade

$44.98

Average Daily Volume

8,998

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVDE	LCTD
30 Days	-1.53%	-3.09%
60 Days	-4.65%	-6.04%
90 Days	-4.39%	-5.48%
12 Months	11.45%	9.21%

17 Overlapping Holdings

Symbol	Grade	Weight in AVDE	Weight in LCTD	Overlap
ABBV	D	0.13%	0.58%	0.13%
BCS	C	0.38%	0.42%	0.38%
CCEP	C	0.09%	0.42%	0.09%
CNI	D	0.26%	0.1%	0.1%
CYBR	B	0.01%	0.31%	0.01%
DEO	F	0.21%	1.01%	0.21%
HMC	F	0.19%	0.9%	0.19%
LYG	F	0.27%	0.31%	0.27%
MFG	B	0.2%	0.09%	0.09%
NVS	D	0.79%	1.51%	0.79%
QGEN	D	0.03%	0.2%	0.03%
SE	B	0.05%	0.08%	0.05%
SHOP	B	0.15%	0.47%	0.15%
STLA	F	0.1%	0.03%	0.03%
TD	F	0.26%	1.36%	0.26%
TEVA	D	0.06%	0.03%	0.03%
TM	D	0.59%	0.79%	0.59%

AVDE Overweight 97 Positions Relative to LCTD

Symbol	Grade	Weight
NVO	D	1.4%
TTE	F	0.63%
HSBC	B	0.62%
ASML	F	0.6%
BP	D	0.49%
BHP	F	0.48%
AZN	D	0.43%
MUFG	B	0.37%
SAP	B	0.34%
GSK	F	0.33%
RELX	C	0.32%
ING	F	0.31%
SMFG	B	0.31%
RIO	D	0.3%
UL	D	0.29%
SAN	F	0.28%
SNY	F	0.28%
BBVA	F	0.28%
ORAN	F	0.21%
STM	F	0.2%
AER	B	0.18%
NWG	C	0.18%
NGG	D	0.17%
VOD	F	0.16%
WFG	D	0.16%
IX	F	0.15%
E	F	0.14%
BUD	F	0.12%
ZIM	C	0.12%
SW	A	0.12%
HLN	D	0.12%
MT	B	0.12%
LOGI	D	0.11%
TEF	D	0.11%
AGCO	D	0.11%
PHG	D	0.11%
EQNR	D	0.09%
ERIC	B	0.09%
RBA	A	0.08%
NOK	D	0.08%
CHKP	D	0.07%
TAK	F	0.07%
SNN	D	0.06%
SPOT	B	0.05%
CHRD	D	0.05%
GMAB	F	0.05%
ARGX	A	0.05%
TAC	B	0.03%
OTEX	D	0.03%
GLNG	C	0.03%
CUK	B	0.03%
TRMD	F	0.02%
WPP	B	0.02%
GRAB	B	0.02%
WDS	D	0.02%
BUR	C	0.02%
XRX	F	0.02%
KRNT	C	0.01%
VMAR	F	0.01%
MBAVU	D	0.01%
ASTL	B	0.01%
GLBE	B	0.01%
FMS	A	0.01%
ICLR	D	0.01%
AEI	D	0.01%
TS	B	0.01%
GLPG	D	0.01%
PSO	B	0.01%
PDS	C	0.01%
NICE	C	0.01%
WIX	B	0.01%
FRO	F	0.01%
FUTU	D	0.01%
DOOO	F	0.01%
CLLS	F	0.0%
IAUX	F	0.0%
SPNS	F	0.0%
IPHA	F	0.0%
UBCP	C	0.0%
CSTE	D	0.0%
QIPT	F	0.0%
GEN	B	0.0%
PIXY	F	0.0%
RENB	F	0.0%
LSPD	C	0.0%
CLF	F	0.0%
SSBI	F	0.0%
ORLA	C	0.0%
VGR	D	0.0%
MLCO	F	0.0%
ITRN	B	0.0%
ELBM	F	0.0%
NNDM	F	0.0%
CSTM	F	0.0%
FLNG	B	0.0%
MNDY	C	0.0%
TCI	D	0.0%

AVDE Underweight 3 Positions Relative to LCTD

Symbol	Grade	Weight
HSBH	B	-1.53%
NMR	B	-0.45%
SONY	B	-0.42%