AVEM vs. VPL ETF Comparison

Comparison of Avantis Emerging Markets Equity ETF (AVEM) to Vanguard FTSE Pacific ETF (VPL)

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

VPL

Vanguard FTSE Pacific ETF

VPL Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in the major markets of the Pacific region. The fund employs an indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Asia Pacific Index. The FTSE Developed Asia Pacific Index consists of approximately 808 common stocks of companies located in Japan, Australia, Korea, Hong Kong, Singapore, and New Zealand. As of May 31, 2013, Japan and Australia made up approximately 55% and 20%, respectively, of the index's market capitalization.

Grade (RS Rating)

Last Trade

$74.09

Average Daily Volume

360,096

Number of Holdings ^*

27

* may have additional holdings in another (foreign) market

Performance

Period	AVEM	VPL
30 Days	-4.03%	0.49%
60 Days	-2.02%	-4.68%
90 Days	-1.76%	-4.55%
12 Months	14.42%	10.43%

4 Overlapping Holdings

	Symbol	Grade	Weight in AVEM	Weight in VPL	Overlap
	KB	B	0.46%	0.27%	0.27%
	KEP	B	0.05%	0.05%	0.05%
	LPL	F	0.05%	0.03%	0.03%
	SHG	D	0.35%	0.22%	0.22%

AVEM Overweight 115 Positions Relative to VPL

	Symbol	Grade	Weight
	TSM	B	6.17%
	BABA	D	1.46%
	PDD	F	0.82%
	INFY	B	0.73%
	NTES	D	0.64%
	HDB	C	0.52%
	IBN	C	0.42%
	PBR	C	0.4%
	VALE	F	0.38%
	YUMC	C	0.34%
	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%
	VIPS	F	0.23%
	TCOM	B	0.22%
	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%
	CHT	D	0.11%
	SBS	B	0.1%
	TLK	D	0.1%
	PAC	B	0.1%
	UGP	F	0.08%
	ASR	D	0.08%
	WIT	A	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%
	ATHM	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%
	NU	C	0.05%
	SID	F	0.05%
	BSAC	F	0.05%
	SQM	F	0.05%
	BVN	F	0.05%
	BCH	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%
	BIDU	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%
	MNSO	F	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 23 Positions Relative to VPL

	Symbol	Grade	Weight
	TM	D	-2.5%
	MUFG	B	-1.46%
	SONY	B	-1.29%
	SMFG	B	-0.97%
	MFG	B	-0.65%
	HMC	F	-0.59%
	NMR	B	-0.18%
	XRX	F	-0.18%
	AGCO	D	-0.07%
	MBAVU	D	-0.05%
	AEI	D	-0.05%
	LIF	D	-0.04%
	MNTX	C	-0.01%
	PIXY	F	-0.01%
	CALX	D	-0.0%
	VGR	D	-0.0%
	CTS	C	-0.0%
	SLDB	F	-0.0%
	GCBC	C	-0.0%
	VMAR	F	-0.0%
	RENB	F	-0.0%
	CHGX	A	-0.0%
	IONR	D	-0.0%

AVEM: Top Represented Industries & Keywords

Industries: Internet Content & Information Banks - Regional - Latin America Telecom Services Credit Services Specialty Retail Auto Manufacturers Banks - Regional - Asia Semiconductors Airports & Air Services Beverages - Brewers Gold Information Technology Services Oil & Gas Integrated Steel Airlines Asset Management Biotechnology Chemicals Drug Manufacturers - Specialty & Generic Education & Training Services

Keywords: Bank Banking Broadband Investment Banking Cloud Computing Currency Games Internet Access Investment Product Natural Gas Telecommunications Advertising Services Consumer Finance Electronics Financial Products Online Game Commercial Banking Credit E-Commerce Information And Communications Technology

VPL: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Auto Manufacturers Banks - Global Consumer Electronics Biotechnology Capital Markets Communication Equipment Diversified Industrials Drug Manufacturers - Specialty & Generic Electronic Components Farm & Construction Equipment Information Technology Services Leisure Other Industrial Metals & Mining Real Estate - Development Savings & Cooperative Banks Software - Application Staffing & Outsourcing Services Tobacco Utilities - Regulated Electric

Keywords: Bank Investment Banking Investment Banking Services Banking Financial Products Structured Finance Advisory Services Asset Management Corporate Banking Financial Advisory Services Investment Bank Project Finance Securitization Syndicated Loan Account Management Asset And Liability Management Asset Management Services Automotive Industry Cars Commercial Banking