AVES vs. CWI ETF Comparison

Comparison of Avantis Emerging Markets Value ETF (AVES) to SPDR MSCI ACWI ex-US ETF (CWI)

AVES

Avantis Emerging Markets Value ETF

AVES Description

Avantis Emerging Markets Value ETF is an exchange traded fund launched and managed by American Century Investment Management, Inc. The fund invests in the public equity markets of emerging countries across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalizations. It benchmarks the performance of its portfolio against the MSCI Emerging Markets Value IMI Index. American Century ETF Trust - Avantis Emerging Markets Value ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.74

Average Daily Volume

30,402

Number of Holdings ^*

53

* may have additional holdings in another (foreign) market

CWI

SPDR MSCI ACWI ex-US ETF

CWI Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the MSCI All Country World Index ex USA. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.81

Average Daily Volume

158,951

Number of Holdings ^*

89

* may have additional holdings in another (foreign) market

Performance

Period	AVES	CWI
30 Days	-3.74%	-2.14%
60 Days	-2.59%	-3.35%
90 Days	-2.03%	-3.13%
12 Months	12.97%	14.07%

19 Overlapping Holdings

	Symbol	Grade	Weight in AVES	Weight in CWI	Overlap
	ATHM	D	0.0%	0.01%	0.0%
	BBD	D	0.28%	0.07%	0.07%
	BEKE	D	0.5%	0.05%	0.05%
	GGB	C	0.19%	0.03%	0.03%
	IQ	F	0.11%	0.01%	0.01%
	KB	B	1.11%	0.11%	0.11%
	LI	F	0.62%	0.05%	0.05%
	PHI	D	0.0%	0.02%	0.0%
	PKX	F	0.04%	0.06%	0.04%
	QFIN	B	0.69%	0.02%	0.02%
	RDY	F	0.11%	0.08%	0.08%
	SBSW	D	0.08%	0.01%	0.01%
	SHG	D	0.74%	0.09%	0.09%
	SID	F	0.13%	0.01%	0.01%
	SQM	F	0.0%	0.03%	0.0%
	UMC	F	0.36%	0.1%	0.1%
	VALE	F	0.6%	0.01%	0.01%
	VALE	F	0.6%	0.13%	0.13%
	VIPS	F	0.42%	0.03%	0.03%

AVES Overweight 35 Positions Relative to CWI

	Symbol	Grade	Weight
	ZTO	F	0.52%
	GFI	D	0.32%
	TLK	D	0.27%
	ASX	D	0.23%
	MOMO	D	0.19%
	KT	A	0.15%
	FINV	B	0.15%
	BCH	F	0.14%
	SUZ	C	0.13%
	PBR	C	0.13%
	NTES	D	0.12%
	DQ	F	0.11%
	LPL	F	0.1%
	SKM	D	0.1%
	SSL	F	0.07%
	LX	C	0.06%
	TKC	C	0.06%
	VLRS	C	0.05%
	AKO.A	F	0.05%
	NOAH	D	0.04%
	CSIQ	F	0.04%
	TWI	F	0.04%
	IMOS	F	0.04%
	VNET	B	0.03%
	QD	C	0.02%
	WB	D	0.01%
	ABM	B	0.01%
	CCU	D	0.01%
	PAC	B	0.0%
	BAK	F	0.0%
	GDS	C	0.0%
	PAGS	F	0.0%
	UGP	F	0.0%
	CAAS	C	0.0%
	YRD	F	0.0%

AVES Underweight 70 Positions Relative to CWI

	Symbol	Grade	Weight
	TSM	B	-3.02%
	NVS	D	-0.81%
	TM	D	-0.68%
	HSBH	B	-0.66%
	BABA	D	-0.6%
	UL	D	-0.54%
	SHOP	B	-0.52%
	MUFG	B	-0.51%
	SONY	B	-0.47%
	ABBV	D	-0.45%
	TD	F	-0.44%
	INFY	B	-0.33%
	CNI	D	-0.32%
	PDD	F	-0.28%
	SMFG	B	-0.27%
	DEO	F	-0.27%
	IBN	C	-0.27%
	HDB	C	-0.25%
	BCS	C	-0.21%
	HMC	F	-0.16%
	LYG	F	-0.16%
	MFG	B	-0.15%
	ITUB	F	-0.15%
	E	F	-0.15%
	SE	B	-0.14%
	TCOM	B	-0.13%
	CHT	D	-0.11%
	BIDU	F	-0.1%
	STLA	F	-0.1%
	BABA	D	-0.09%
	BAP	B	-0.08%
	YUMC	C	-0.07%
	TEVA	D	-0.07%
	NMR	B	-0.07%
	ABEV	F	-0.06%
	CHKP	D	-0.06%
	XRX	F	-0.05%
	CIB	B	-0.05%
	WIT	A	-0.04%
	CIG	C	-0.04%
	AGCO	D	-0.04%
	RBA	A	-0.04%
	WIX	B	-0.04%
	ENIC	D	-0.04%
	BGNE	D	-0.04%
	MT	B	-0.04%
	CYBR	B	-0.04%
	HTHT	D	-0.03%
	NIO	F	-0.03%
	CSAN	F	-0.03%
	LOGI	D	-0.03%
	GRAB	B	-0.03%
	AER	B	-0.03%
	MNDY	C	-0.03%
	TME	D	-0.03%
	OTEX	D	-0.03%
	XPEV	C	-0.02%
	LEGN	F	-0.02%
	XPEV	C	-0.02%
	BRFS	D	-0.02%
	FUTU	D	-0.02%
	TAL	F	-0.02%
	KEP	B	-0.02%
	BILI	D	-0.02%
	GLBE	B	-0.01%
	MBAVU	D	-0.01%
	BVN	F	-0.01%
	BZ	F	-0.01%
	QGEN	D	-0.0%
	SCCO	F	-0.0%

AVES: Top Represented Industries & Keywords

Industries: Credit Services Internet Content & Information Telecom Services Semiconductors Steel Banks - Regional - Asia Banks - Regional - Latin America Chemicals Gold Oil & Gas Integrated Airlines Airports & Air Services Asset Management Auto Manufacturers Auto Parts Beverages - Brewers Beverages - Non-Alcoholic Business Services Consumer Electronics Data Storage

Keywords: Bank Broadband Consumer Finance Advertising Services Banking Credit Electronics Financial Technology Information And Communications Technology Internet Access Investment Banking Mining Mobile Telecommunications Natural Gas Telecommunications Alcohol Artificial Intelligence Big Data Broadband Internet Commercial Bank

CWI: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Banks - Regional - Asia Software - Application Banks - Global Banks - Regional - Latin America Steel Information Technology Services Specialty Retail Biotechnology Capital Markets Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Industrial Metals & Minerals Semiconductors Telecom Services Utilities - Regulated Electric Airports & Air Services Banks - Regional - Europe Beverages - Brewers

Keywords: Banking Bank Investment Banking Financial Products Investment Banking Services Cash Management Investment Bank Investment Product Telecommunications Transport Asset Management Asset Management Services Cars Commercial Banking Currency Insurance Products Mining Pharmaceutical Structured Finance Cash Management Services