AVSE vs. DBAW ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

AVSE

Avantis Responsible Emerging Markets Equity ETF

AVSE 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. The portfolio management team limits its investable universe of companies by screening out those that raise concerns based on the team?s evaluation of multiple ESG metrics.

Grade (RS Rating)

Last Trade

$52.27

Average Daily Volume

3,334

Number of Holdings ^*

89

* may have additional holdings in another (foreign) market

DBAW

db X-trackers MSCI All World ex US Hedged Equity Fund

DBAW Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index. The fund, using a "passive" or indexing investment approach, attempts to approximate the investment performance of the underlying index. The underlying index is designed to provide exposure to equity securities in developed and emerging stock markets (excluding the United States), while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.42

Average Daily Volume

12,941

Number of Holdings ^*

86

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	DBAW
30 Days	-4.16%	-2.23%
60 Days	-1.36%	1.15%
90 Days	-1.56%	1.14%
12 Months	15.31%	17.70%

38 Overlapping Holdings

	Symbol	Grade	Weight in AVSE	Weight in DBAW	Overlap
	ABEV	F	0.08%	0.03%	0.03%
	ASAI	F	0.08%	0.02%	0.02%
	ASAI	F	0.04%	0.02%	0.02%
	ATHM	C	0.06%	0.01%	0.01%
	BABA	D	1.8%	0.59%	0.59%
	BAP	A	0.18%	0.04%	0.04%
	BCH	C	0.08%	0.02%	0.02%
	BEKE	D	0.17%	0.04%	0.04%
	BGNE	D	0.05%	0.03%	0.03%
	BGNE	D	0.03%	0.03%	0.03%
	BIDU	F	0.05%	0.09%	0.05%
	BILI	D	0.0%	0.01%	0.0%
	BZ	F	0.01%	0.01%	0.01%
	CHT	C	0.06%	0.05%	0.05%
	HDB	C	0.56%	0.29%	0.29%
	HTHT	D	0.25%	0.03%	0.03%
	IBN	C	0.48%	0.26%	0.26%
	IQ	F	0.06%	0.0%	0.0%
	KB	B	0.48%	0.09%	0.09%
	LI	F	0.29%	0.05%	0.05%
	LPL	D	0.09%	0.01%	0.01%
	NIO	F	0.02%	0.02%	0.02%
	PAGS	F	0.04%	0.0%	0.0%
	PDD	F	0.71%	0.27%	0.27%
	QFIN	A	0.09%	0.01%	0.01%
	SBSW	D	0.07%	0.01%	0.01%
	SCCO	F	0.05%	0.03%	0.03%
	SHG	C	0.38%	0.06%	0.06%
	SKM	C	0.07%	0.0%	0.0%
	STNE	F	0.13%	0.01%	0.01%
	TAL	F	0.0%	0.01%	0.0%
	TCOM	B	0.27%	0.11%	0.11%
	TME	D	0.08%	0.03%	0.03%
	UMC	F	0.24%	0.06%	0.06%
	VIPS	F	0.23%	0.02%	0.02%
	WIT	B	0.07%	0.03%	0.03%
	XPEV	C	0.01%	0.03%	0.01%
	YUMC	C	0.41%	0.07%	0.07%

AVSE Overweight 51 Positions Relative to DBAW

	Symbol	Grade	Weight
	TSM	B	5.9%
	INFY	C	0.76%
	NTES	D	0.51%
	ITUB	F	0.34%
	CPNG	D	0.28%
	ASX	D	0.22%
	ZTO	F	0.2%
	GFI	D	0.17%
	BBD	D	0.16%
	PAC	B	0.16%
	SUZ	B	0.14%
	TLK	D	0.13%
	CIG	C	0.12%
	SBS	B	0.11%
	FMX	F	0.1%
	OMAB	D	0.09%
	RDY	F	0.09%
	EBR	F	0.08%
	CAR	C	0.08%
	ASR	D	0.07%
	VIV	F	0.06%
	TKC	B	0.06%
	MNSO	D	0.06%
	KT	A	0.05%
	TV	F	0.05%
	CIB	B	0.04%
	SGRP	D	0.04%
	IFS	A	0.04%
	MOMO	D	0.04%
	AKO.A	F	0.04%
	BSAC	C	0.04%
	ELP	F	0.04%
	YY	B	0.04%
	LX	B	0.03%
	NOAH	D	0.03%
	SOHU	F	0.03%
	IMOS	F	0.03%
	PHI	D	0.03%
	SQM	D	0.03%
	VNET	B	0.02%
	BSBR	F	0.02%
	CCU	D	0.02%
	WB	D	0.02%
	PDSB	F	0.01%
	NIU	F	0.0%
	DAO	B	0.0%
	TIGR	D	0.0%
	TUYA	D	0.0%
	CANG	B	0.0%
	API	B	0.0%
	CAAS	C	0.0%

AVSE Underweight 50 Positions Relative to DBAW

	Symbol	Grade	Weight
	NVS	F	-0.71%
	TM	F	-0.62%
	HSBH	B	-0.58%
	UL	D	-0.5%
	MUFG	B	-0.46%
	SHOP	B	-0.46%
	SONY	B	-0.41%
	TD	D	-0.34%
	SMFG	B	-0.31%
	ABBV	F	-0.31%
	DEO	F	-0.23%
	MFG	A	-0.21%
	CNI	F	-0.2%
	BCS	A	-0.17%
	LYG	D	-0.15%
	HMC	F	-0.14%
	NU	C	-0.14%
	SE	A	-0.13%
	E	F	-0.12%
	VALE	F	-0.11%
	STLA	F	-0.1%
	GOLD	C	-0.1%
	AER	A	-0.07%
	RBA	A	-0.06%
	TEVA	C	-0.06%
	NMR	B	-0.06%
	CYBR	A	-0.05%
	CHKP	C	-0.05%
	XRX	F	-0.05%
	CCEP	C	-0.05%
	LOGI	D	-0.04%
	OTEX	F	-0.03%
	WIX	A	-0.03%
	GRAB	A	-0.03%
	QGEN	D	-0.03%
	MNDY	C	-0.03%
	KEP	B	-0.02%
	FUTU	D	-0.02%
	GGB	C	-0.02%
	XP	F	-0.02%
	AGCO	D	-0.02%
	WFG	C	-0.02%
	ERJ	A	-0.02%
	DOOO	F	-0.01%
	CSAN	F	-0.01%
	BVN	D	-0.01%
	BRFS	C	-0.01%
	LEGN	D	-0.01%
	MBAVU	C	-0.01%
	GLBE	B	-0.01%

AVSE: Top Represented Industries & Keywords

Industries: Internet Content & Information Banks - Regional - Latin America Telecom Services Auto Manufacturers Banks - Regional - Asia Semiconductors Specialty Retail Airports & Air Services Beverages - Brewers Information Technology Services Biotechnology Credit Services Gold Software - Application Software - Infrastructure Utilities - Diversified Asset Management Auto Parts Beverages - Non-Alcoholic Broadcasting - TV

Keywords: Bank Banking Broadband Investment Banking Cloud Computing Currency Internet Access Telecommunications Advertising Services Electronics Financial Products Games Commercial Banking E-Commerce Information And Communications Technology Investment Banking Services Online Game Telecommunication Services Broadband Internet Broadcasting

DBAW: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Software - Application Banks - Regional - Asia Banks - Global Capital Markets Specialty Retail Banks - Regional - Latin America Biotechnology Consumer Electronics Drug Manufacturers - Major Gold Industrial Metals & Minerals Information Technology Services Software - Infrastructure Telecom Services Aerospace & Defense Airports & Air Services Banks - Diversified Banks - Regional - Europe

Keywords: Bank Banking Investment Banking Financial Products Investment Banking Services Investment Product Transport Asset Management Cars Cash Management Commercial Banking E-Commerce Investment Bank Mining Nasdaq 100 Securitization Structured Finance Advertising Services Asset Management Services Corporate Banking