AVSE vs. EMDM ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to First Trust Bloomberg Emerging Market Democracies ETF (EMDM)

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

$52.24

Average Daily Volume

3,409

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMDM

First Trust Bloomberg Emerging Market Democracies ETF

EMDM Description

The fund will normally invest at least 80% of its net assets in the common stocks, depositary receipts, preferred shares and real estate investment trusts that comprise the index. The index is constructed to track the performance of companies within emerging market countries as determined by the index Provider, that meet minimum political rights and civil liberties standards to qualify as Electoral Democracies according to Freedom House. It is non-diversified.

Grade (RS Rating)

Last Trade

$22.27

Average Daily Volume

848

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	EMDM
30 Days	-3.83%	-3.91%
60 Days	-2.16%	-6.17%
90 Days	-1.62%	-7.86%
12 Months	15.24%	6.24%

9 Overlapping Holdings

Symbol	Grade	Weight in AVSE	Weight in EMDM	Overlap
ABEV	F	0.08%	0.64%	0.08%
ASAI	F	0.03%	0.52%	0.03%
ASAI	F	0.08%	0.52%	0.08%
CHT	D	0.06%	0.24%	0.06%
HDB	C	0.57%	2.01%	0.57%
IBN	C	0.48%	1.37%	0.48%
KB	B	0.5%	0.58%	0.5%
SHG	D	0.38%	0.53%	0.38%
UMC	F	0.23%	0.24%	0.23%

AVSE Overweight 80 Positions Relative to EMDM

Symbol	Grade	Weight
TSM	B	5.8%
BABA	D	1.7%
INFY	B	0.76%
PDD	F	0.73%
NTES	D	0.57%
YUMC	C	0.41%
ITUB	F	0.34%
LI	F	0.29%
CPNG	D	0.27%
TCOM	B	0.27%
HTHT	D	0.25%
ASX	D	0.23%
VIPS	F	0.23%
BAP	B	0.19%
ZTO	F	0.19%
GFI	D	0.18%
BEKE	D	0.17%
BBD	D	0.17%
PAC	B	0.17%
SUZ	C	0.14%
CIG	C	0.13%
TLK	D	0.13%
STNE	F	0.11%
SBS	B	0.11%
QFIN	B	0.1%
BCH	F	0.09%
TME	D	0.09%
FMX	F	0.09%
RDY	F	0.09%
LPL	F	0.09%
OMAB	D	0.09%
ASR	D	0.08%
EBR	F	0.08%
CAR	C	0.08%
WIT	A	0.07%
SBSW	D	0.07%
SKM	D	0.07%
VIV	F	0.06%
TKC	C	0.06%
MNSO	F	0.06%
ATHM	D	0.06%
IQ	F	0.06%
ELP	F	0.05%
BGNE	D	0.05%
KT	A	0.05%
SCCO	F	0.05%
TV	F	0.05%
YY	C	0.05%
BIDU	F	0.05%
SGRP	D	0.04%
CIB	B	0.04%
MOMO	D	0.04%
IFS	B	0.04%
AKO.A	F	0.04%
BSAC	F	0.04%
IMOS	F	0.03%
NOAH	D	0.03%
LX	C	0.03%
PHI	D	0.03%
WB	D	0.03%
PAGS	F	0.03%
SQM	F	0.03%
BGNE	D	0.03%
VNET	B	0.02%
BSBR	F	0.02%
CCU	D	0.02%
NIO	F	0.02%
SOHU	F	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	F	0.0%
CANG	B	0.0%
API	C	0.0%
TAL	F	0.0%
CAAS	C	0.0%

AVSE Underweight 1 Positions Relative to EMDM

	Symbol	Grade	Weight
	VALE	F	-2.01%