AVSE vs. EMSG ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF (EMSG)

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

$55.70

Average Daily Volume

2,840

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMSG

Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF

EMSG Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Emerging Markets ESG Leaders Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities (including depositary receipts in respect of such securities) of the underlying index. The underlying index is a capitalization weighted index that provides exposure to companies with high environmental, social and governance ("ESG") performance relative to their sector peers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.70

Average Daily Volume

1,267

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	EMSG
30 Days	5.86%	8.15%
60 Days	10.37%	13.56%
90 Days	5.63%	9.01%
12 Months	28.98%	29.17%

23 Overlapping Holdings

Symbol	Grade	Weight in AVSE	Weight in EMSG	Overlap
BABA	A	1.93%	3.96%	1.93%
BAP	B	0.16%	0.27%	0.16%
BEKE	A	0.15%	0.24%	0.15%
BGNE	B	0.04%	0.25%	0.04%
BGNE	B	0.05%	0.25%	0.05%
BIDU	C	0.06%	0.59%	0.06%
BILI	A	0.0%	0.09%	0.0%
BZ	C	0.01%	0.08%	0.01%
CHT	C	0.06%	0.33%	0.06%
HDB	C	0.55%	2.01%	0.55%
HTHT	B	0.24%	0.15%	0.15%
INFY	C	0.74%	0.5%	0.5%
KB	D	0.43%	0.51%	0.43%
LI	C	0.3%	0.33%	0.3%
LPL	D	0.11%	0.06%	0.06%
NIO	C	0.03%	0.17%	0.03%
SBSW	D	0.07%	0.07%	0.07%
SHG	D	0.4%	0.39%	0.39%
SKM	C	0.07%	0.05%	0.05%
UMC	D	0.27%	0.42%	0.27%
VIPS	C	0.24%	0.11%	0.11%
XPEV	C	0.01%	0.14%	0.01%
YUMC	C	0.35%	0.33%	0.33%

AVSE Overweight 68 Positions Relative to EMSG

Symbol	Grade	Weight
TSM	C	4.57%
PDD	D	0.76%
NTES	C	0.55%
IBN	C	0.47%
ITUB	C	0.36%
CPNG	C	0.26%
TCOM	B	0.23%
ASX	D	0.23%
ZTO	A	0.22%
BBD	C	0.18%
GFI	C	0.18%
PAC	C	0.16%
TLK	D	0.15%
SUZ	D	0.13%
CIG	B	0.12%
STNE	F	0.12%
FMX	F	0.1%
SBS	D	0.1%
TME	D	0.09%
BCH	B	0.09%
OMAB	D	0.09%
RDY	D	0.09%
ASR	D	0.08%
QFIN	B	0.08%
ABEV	C	0.08%
ASAI	F	0.08%
CAR	D	0.08%
EBR	D	0.08%
ATHM	A	0.07%
IQ	D	0.07%
VIV	B	0.06%
TKC	D	0.06%
WIT	B	0.06%
YY	C	0.05%
BRFS	C	0.05%
ELP	D	0.05%
MNSO	C	0.05%
SCCO	B	0.05%
TV	D	0.05%
SGRP	C	0.04%
ASAI	F	0.04%
MOMO	A	0.04%
AKO.A	D	0.04%
BSAC	C	0.04%
KT	C	0.04%
WB	C	0.03%
IMOS	D	0.03%
SOHU	B	0.03%
PHI	B	0.03%
GRIN	D	0.03%
SQM	D	0.03%
PAGS	F	0.03%
CIB	F	0.03%
IFS	B	0.03%
LX	A	0.02%
VNET	B	0.02%
BSBR	F	0.02%
CCU	D	0.02%
NOAH	B	0.02%
PDSB	D	0.01%
NIU	B	0.0%
DAO	B	0.0%
TIGR	A	0.0%
CANG	D	0.0%
API	C	0.0%
TUYA	C	0.0%
TAL	C	0.0%
CAAS	A	0.0%

AVSE Underweight 4 Positions Relative to EMSG

Symbol	Grade	Weight
GGB	C	-0.1%
CSAN	D	-0.06%
DBEM	B	-0.05%
ESGE	B	-0.02%