AVEM vs. FDEM ETF Comparison

Comparison of Avantis Emerging Markets Equity ETF (AVEM) to Fidelity Targeted Emerging Markets Factor ETF (FDEM)

AVEM

Avantis Emerging Markets Equity ETF

AVEM Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of companies related to emerging markets across market sectors, industry groups and countries. The fund 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 of companies related to emerging market countries.

Grade (RS Rating)

Last Trade

$60.98

Average Daily Volume

448,404

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

FDEM

Fidelity Targeted Emerging Markets Factor ETF

FDEM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Targeted International Factor Index℠. The fund invests at least 80% of its assets in securities included in the index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader developed international equity market, and lower correlation to the U.S. equity market.

Grade (RS Rating)

Last Trade

$25.68

Average Daily Volume

31,311

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVEM	FDEM
30 Days	-4.03%	-2.61%
60 Days	-2.02%	-1.98%
90 Days	-1.76%	-1.62%
12 Months	14.42%	16.06%

13 Overlapping Holdings

Symbol	Grade	Weight in AVEM	Weight in FDEM	Overlap
ATHM	D	0.07%	0.5%	0.07%
BABA	D	1.46%	1.37%	1.37%
BCH	F	0.05%	0.38%	0.05%
BIDU	F	0.04%	0.64%	0.04%
CHT	D	0.11%	0.57%	0.11%
LPL	F	0.05%	0.03%	0.03%
MNSO	F	0.03%	0.09%	0.03%
PDD	F	0.82%	0.85%	0.82%
TCOM	B	0.22%	0.32%	0.22%
VALE	F	0.38%	0.28%	0.28%
VIPS	F	0.23%	0.1%	0.1%
WIT	A	0.08%	0.17%	0.08%
YUMC	C	0.34%	0.18%	0.18%

AVEM Overweight 106 Positions Relative to FDEM

Symbol	Grade	Weight
TSM	B	6.17%
INFY	B	0.73%
NTES	D	0.64%
HDB	C	0.52%
KB	B	0.46%
IBN	C	0.42%
PBR	C	0.4%
SHG	D	0.35%
ITUB	F	0.3%
ASX	D	0.29%
UMC	F	0.27%
PKX	F	0.25%
ERJ	B	0.24%
BEKE	D	0.24%
ZTO	F	0.23%
LI	F	0.23%
GFI	D	0.19%
BAP	B	0.19%
QFIN	B	0.19%
RDY	F	0.15%
BBD	D	0.14%
GGB	C	0.14%
CPNG	D	0.14%
HMY	D	0.14%
FMX	F	0.13%
SUZ	C	0.12%
TME	D	0.11%
SBS	B	0.1%
TLK	D	0.1%
PAC	B	0.1%
UGP	F	0.08%
ASR	D	0.08%
CX	D	0.08%
HTHT	D	0.08%
CIG	C	0.07%
MOMO	D	0.07%
ASAI	F	0.07%
SBSW	D	0.07%
TAL	F	0.07%
SCCO	F	0.07%
OMAB	D	0.07%
CAR	C	0.06%
BRFS	D	0.06%
FINV	B	0.06%
ABEV	F	0.06%
TKC	C	0.06%
IQ	F	0.05%
DQ	F	0.05%
KEP	B	0.05%
NU	C	0.05%
SID	F	0.05%
BSAC	F	0.05%
SQM	F	0.05%
BVN	F	0.05%
STNE	F	0.05%
NIO	F	0.04%
EC	D	0.04%
KT	A	0.04%
CIB	B	0.04%
EBR	F	0.04%
SSL	F	0.04%
GDS	C	0.04%
WB	D	0.04%
AKO.A	F	0.03%
PAGS	F	0.03%
YY	C	0.03%
PHI	D	0.03%
BSBR	F	0.03%
TV	F	0.03%
BGNE	D	0.03%
JD	D	0.03%
SGRP	D	0.03%
XP	F	0.02%
LX	C	0.02%
ATAT	C	0.02%
SKM	D	0.02%
ELP	F	0.02%
VNET	B	0.02%
VLRS	C	0.02%
ASAI	F	0.02%
XPEV	C	0.01%
BAK	F	0.01%
IMOS	F	0.01%
SOHU	F	0.01%
VIV	F	0.01%
CCU	D	0.01%
IFS	B	0.01%
BZ	F	0.01%
CSAN	F	0.01%
NOAH	D	0.01%
XYF	D	0.0%
BILI	D	0.0%
YRD	F	0.0%
CANG	B	0.0%
CAAS	C	0.0%
TUYA	F	0.0%
DAO	B	0.0%
NIU	F	0.0%
SHPH	F	0.0%
GOTU	F	0.0%
AZUL	F	0.0%
QD	C	0.0%
PAX	B	0.0%
PDSB	F	0.0%
API	C	0.0%
HUYA	F	0.0%

AVEM Underweight 0 Positions Relative to FDEM

	Symbol	Grade	Weight