AVDE vs. TLTD ETF Comparison

Comparison of Avantis International Equity ETF (AVDE) to FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD)

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

$63.68

Average Daily Volume

303,103

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

TLTD

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

TLTD Description

The investment seeks investment results that correspond generally to the price and yield performance of the MorningstarÂ® Developed Markets ex-US Factor Tilt IndexSM. The fund generally will invest under normal circumstances at least 80% of total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index reflects the performance of a selection of equity securities designed to provide broad exposure to the global developed equities markets, excluding the U.S., with increased exposure to small-capitalization stocks and value stocks.

Grade (RS Rating)

Last Trade

$71.49

Average Daily Volume

11,651

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVDE	TLTD
30 Days	5.41%	5.26%
60 Days	0.39%	0.49%
90 Days	-1.27%	0.66%
12 Months	13.85%	15.51%

38 Overlapping Holdings

Symbol	Grade	Weight in AVDE	Weight in TLTD	Overlap
ABBV	B	0.12%	0.24%	0.12%
AEI	D	0.01%	0.02%	0.01%
AGCO	F	0.11%	0.03%	0.03%
BCS	B	0.33%	0.17%	0.17%
CCEP	A	0.09%	0.04%	0.04%
CNI	D	0.26%	0.17%	0.17%
DEO	C	0.22%	0.19%	0.19%
DOOO	D	0.0%	0.17%	0.0%
E	D	0.16%	0.14%	0.14%
ELBM	B	0.0%	0.01%	0.0%
FLNG	D	0.0%	0.01%	0.0%
HAFN	D	0.01%	0.01%	0.01%
HMC	D	0.22%	0.2%	0.2%
IAG	B	0.04%	0.03%	0.03%
LOGI	D	0.12%	0.04%	0.04%
LSPD	F	0.0%	0.01%	0.0%
LYG	C	0.27%	0.19%	0.19%
MBAVU	B	0.01%	0.01%	0.01%
MFG	D	0.16%	0.2%	0.16%
MUFG	D	0.32%	0.34%	0.32%
NVS	B	0.88%	0.66%	0.66%
ORLA	C	0.0%	0.01%	0.0%
OTEX	C	0.06%	0.03%	0.03%
PDS	D	0.01%	0.07%	0.01%
PRMW	A	0.01%	0.03%	0.01%
QGEN	B	0.03%	0.03%	0.03%
RBA	B	0.07%	0.04%	0.04%
RENB	F	0.0%	0.0%	0.0%
SHOP	C	0.1%	0.24%	0.1%
SMFG	D	0.28%	0.24%	0.24%
STLA	F	0.12%	0.14%	0.12%
TAC	A	0.01%	0.01%	0.01%
TD	A	0.26%	0.39%	0.26%
TIGO	A	0.01%	0.01%	0.01%
TM	F	0.61%	0.86%	0.61%
TRMD	D	0.02%	0.01%	0.01%
UL	A	0.32%	0.44%	0.32%
WFG	B	0.14%	0.02%	0.02%

AVDE Overweight 76 Positions Relative to TLTD

Symbol	Grade	Weight
NVO	C	1.72%
ASML	F	0.93%
TTE	D	0.68%
HSBC	B	0.57%
AZN	B	0.56%
BP	F	0.55%
BHP	F	0.48%
GSK	A	0.41%
ING	B	0.34%
RELX	B	0.31%
SAP	B	0.3%
RIO	D	0.29%
BBVA	D	0.29%
SAN	C	0.28%
SNY	A	0.25%
STM	F	0.24%
ORAN	A	0.2%
NGG	A	0.17%
IX	B	0.17%
AER	C	0.17%
VOD	A	0.16%
NWG	C	0.15%
HLN	A	0.12%
BUD	A	0.12%
PHG	A	0.11%
TEF	A	0.11%
MT	D	0.11%
SW	D	0.1%
EQNR	D	0.09%
ZIM	D	0.08%
ERIC	B	0.08%
NOK	B	0.08%
GMAB	C	0.07%
CHKP	B	0.07%
SNN	A	0.07%
TAK	B	0.07%
TEVA	B	0.06%
SE	B	0.04%
GLNG	D	0.04%
ARGX	A	0.04%
FRO	D	0.02%
WPP	A	0.02%
XRX	D	0.02%
BUR	D	0.02%
WDS	F	0.02%
CUK	D	0.02%
FMS	A	0.01%
TS	F	0.01%
FUTU	F	0.01%
GRAB	D	0.01%
WIX	C	0.01%
PSO	A	0.01%
GLPG	C	0.01%
CYBR	C	0.01%
NICE	F	0.01%
ICLR	D	0.01%
CLLS	C	0.0%
IAUX	F	0.0%
IPHA	C	0.0%
UBCP	C	0.0%
CSTE	F	0.0%
QIPT	F	0.0%
PIXY	F	0.0%
SSBI	F	0.0%
VGR	B	0.0%
MLCO	D	0.0%
VMAR	F	0.0%
ITRN	B	0.0%
NNDM	F	0.0%
KRNT	B	0.0%
ASTL	A	0.0%
SPNS	D	0.0%
GLBE	D	0.0%
MNDY	C	0.0%
TCI	F	0.0%
CSTM	D	0.0%

AVDE Underweight 10 Positions Relative to TLTD

Symbol	Grade	Weight
SONY	B	-0.3%
WCN	B	-0.13%
GOLD	C	-0.09%
FLUT	A	-0.09%
NMR	D	-0.05%
BBUC	D	-0.03%
DNN	F	-0.02%
ECO	B	-0.02%
MNTX	F	-0.01%
GOGL	D	-0.01%