AVSE vs. EEV ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to ProShares UltraShort MSCI Emerging Markets (EEV)

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

$52.28

Average Daily Volume

3,334

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EEV

ProShares UltraShort MSCI Emerging Markets

EEV Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Emerging Markets Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index includes 85% of free float-adjusted market capitalization in each industry group in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.96

Average Daily Volume

12,428

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	EEV
30 Days	-4.16%	11.21%
60 Days	-1.36%	2.33%
90 Days	-1.56%	3.08%
12 Months	15.31%	-17.23%

7 Overlapping Holdings

Symbol	Grade	Weight in AVSE	Weight in EEV	Overlap
BABA	D	1.8%	6.01%	1.8%
BAP	A	0.18%	0.23%	0.18%
BIDU	F	0.05%	0.6%	0.05%
NTES	D	0.51%	0.39%	0.39%
TAL	F	0.0%	0.32%	0.0%
TCOM	B	0.27%	0.29%	0.27%
YUMC	C	0.41%	0.28%	0.28%

AVSE Overweight 82 Positions Relative to EEV

Symbol	Grade	Weight
TSM	B	5.9%
INFY	C	0.76%
PDD	F	0.71%
HDB	C	0.56%
KB	B	0.48%
IBN	C	0.48%
SHG	C	0.38%
ITUB	F	0.34%
LI	F	0.29%
CPNG	D	0.28%
HTHT	D	0.25%
UMC	F	0.24%
VIPS	F	0.23%
ASX	D	0.22%
ZTO	F	0.2%
BEKE	D	0.17%
GFI	D	0.17%
BBD	D	0.16%
PAC	B	0.16%
SUZ	B	0.14%
TLK	D	0.13%
STNE	F	0.13%
CIG	C	0.12%
SBS	B	0.11%
FMX	F	0.1%
QFIN	A	0.09%
LPL	D	0.09%
OMAB	D	0.09%
RDY	F	0.09%
EBR	F	0.08%
ABEV	F	0.08%
ASAI	F	0.08%
TME	D	0.08%
CAR	C	0.08%
BCH	C	0.08%
WIT	B	0.07%
SBSW	D	0.07%
SKM	C	0.07%
ASR	D	0.07%
VIV	F	0.06%
ATHM	C	0.06%
TKC	B	0.06%
CHT	C	0.06%
MNSO	D	0.06%
IQ	F	0.06%
KT	A	0.05%
BGNE	D	0.05%
SCCO	F	0.05%
TV	F	0.05%
CIB	B	0.04%
SGRP	D	0.04%
PAGS	F	0.04%
ASAI	F	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%
BGNE	D	0.03%
VNET	B	0.02%
BSBR	F	0.02%
CCU	D	0.02%
NIO	F	0.02%
WB	D	0.02%
PDSB	F	0.01%
XPEV	C	0.01%
BZ	F	0.01%
NIU	F	0.0%
DAO	B	0.0%
TIGR	D	0.0%
BILI	D	0.0%
TUYA	D	0.0%
CANG	B	0.0%
API	B	0.0%
CAAS	C	0.0%

AVSE Underweight 2 Positions Relative to EEV

	Symbol	Grade	Weight
	JD	D	-0.46%
	EDU	D	-0.3%