AVIV vs. PDN ETF Comparison

Comparison of Avantis International Large Cap Value ETF (AVIV) to PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (PDN)

AVIV

Avantis International Large Cap Value ETF

AVIV Description

AVIV actively invests in equity securities from developed market companies outside the US, reaching across different market sectors and industry groups, with a focus on companies trading at lower prices relative to their book value ratios and other financial metrics. The fund emphasises high profitability and value companies, which are identified by looking at reported and estimated company financials, market data, and other fundamental data like cash flows, revenues, and shares outstanding. The portfolio managers may also consider other factors when selecting the securities for the fund, such as historical performance of the share, liquidity, and tax, governance, or cost considerations. Market and financial data analysis is utilized on a continuous basis to make buy, sell, and hold decisions.

Grade (RS Rating)

Last Trade

$53.55

Average Daily Volume

40,997

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PDN

PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio

PDN Description

The PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (Fund) is based on the FTSE RAFI Developed Markets ex-U.S. Mid-Small 1500 Index ND (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of small and mid capitalization equities of companies domiciled in developed international markets (excluding the US), selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$32.83

Average Daily Volume

16,714

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVIV	PDN
30 Days	-0.39%	-0.99%
60 Days	1.00%	0.33%
90 Days	0.98%	1.08%
12 Months	17.39%	11.86%

3 Overlapping Holdings

Symbol	Grade	Weight in AVIV	Weight in PDN	Overlap
BWLP	D	0.08%	0.13%	0.08%
DOOO	F	0.01%	0.09%	0.01%
HAFN	D	0.11%	0.1%	0.1%

AVIV Overweight 36 Positions Relative to PDN

Symbol	Grade	Weight
TM	D	1.76%
HSBC	D	1.71%
BHP	C	1.56%
NVS	A	1.45%
BP	C	1.44%
TTE	C	1.43%
BBVA	C	1.01%
STLA	F	0.76%
SMFG	A	0.7%
BCS	A	0.67%
E	C	0.66%
HMC	D	0.61%
NVO	B	0.57%
STM	C	0.56%
VOD	B	0.54%
LYG	A	0.49%
TD	F	0.44%
GSK	D	0.41%
ING	A	0.4%
CNI	D	0.39%
EQNR	C	0.37%
IX	A	0.36%
NWG	A	0.34%
MFG	A	0.32%
ORAN	D	0.29%
LOGI	C	0.25%
AER	B	0.21%
HLN	B	0.2%
AGCO	F	0.15%
CCEP	B	0.13%
DEO	F	0.09%
WDS	C	0.06%
MT	D	0.06%
ASML	A	0.04%
CUK	C	0.02%
AZN	C	0.0%

AVIV Underweight 13 Positions Relative to PDN

Symbol	Grade	Weight
IAG	C	-0.19%
RBA	B	-0.17%
PRMW	C	-0.17%
GOGL	D	-0.16%
AEI	C	-0.15%
TAC	F	-0.12%
PDS	D	-0.1%
ASTL	F	-0.09%
LSPD	F	-0.08%
TRMD	B	-0.05%
XRX	F	-0.05%
FLNG	C	-0.04%
BBUC	D	-0.03%