AVSE vs. FRDM ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to Freedom 100 Emerging Markets ETF (FRDM)

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

$56.16

Average Daily Volume

2,882

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FRDM

Freedom 100 Emerging Markets ETF

FRDM Description

The investment seeks to track the total return performance, before fees and expenses, of the Freedom 100 Emerging Markets Index (the index). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index is designed to track the performance of a portfolio of approximately 100 equity securities listed in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.34

Average Daily Volume

122,395

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	FRDM
30 Days	8.53%	2.88%
60 Days	14.81%	11.05%
90 Days	5.86%	-2.06%
12 Months	31.45%	28.85%

12 Overlapping Holdings

Symbol	Grade	Weight in AVSE	Weight in FRDM	Overlap
ASR	D	0.08%	0.08%	0.08%
BBD	C	0.18%	0.12%	0.12%
BCH	D	0.09%	2.71%	0.09%
BSBR	F	0.02%	0.61%	0.02%
CCU	D	0.02%	0.35%	0.02%
CHT	C	0.06%	1.04%	0.06%
FMX	F	0.1%	0.32%	0.1%
GFI	C	0.18%	0.7%	0.18%
ITUB	D	0.36%	0.95%	0.36%
SQM	D	0.03%	2.99%	0.03%
TSM	B	4.57%	10.75%	4.57%
UMC	D	0.27%	1.23%	0.27%

AVSE Overweight 79 Positions Relative to FRDM

Symbol	Grade	Weight
BABA	A	1.93%
PDD	B	0.76%
INFY	B	0.74%
HDB	D	0.55%
NTES	B	0.55%
IBN	C	0.47%
KB	D	0.43%
SHG	D	0.4%
YUMC	B	0.35%
LI	C	0.3%
CPNG	C	0.26%
HTHT	B	0.24%
VIPS	B	0.24%
TCOM	A	0.23%
ASX	D	0.23%
ZTO	B	0.22%
PAC	C	0.16%
BAP	A	0.16%
BEKE	A	0.15%
TLK	D	0.15%
SUZ	D	0.13%
CIG	C	0.12%
STNE	F	0.12%
LPL	D	0.11%
SBS	D	0.1%
TME	B	0.09%
OMAB	D	0.09%
RDY	D	0.09%
QFIN	A	0.08%
ABEV	B	0.08%
ASAI	F	0.08%
CAR	D	0.08%
EBR	F	0.08%
ATHM	B	0.07%
SBSW	C	0.07%
IQ	D	0.07%
SKM	C	0.07%
BIDU	C	0.06%
VIV	C	0.06%
TKC	F	0.06%
WIT	C	0.06%
YY	C	0.05%
BRFS	D	0.05%
BGNE	A	0.05%
ELP	F	0.05%
MNSO	C	0.05%
SCCO	B	0.05%
TV	D	0.05%
BGNE	A	0.04%
SGRP	C	0.04%
ASAI	F	0.04%
MOMO	B	0.04%
AKO.A	D	0.04%
BSAC	D	0.04%
KT	C	0.04%
WB	B	0.03%
NIO	C	0.03%
IMOS	D	0.03%
SOHU	A	0.03%
PHI	B	0.03%
GRIN	A	0.03%
PAGS	F	0.03%
CIB	D	0.03%
IFS	B	0.03%
LX	C	0.02%
VNET	B	0.02%
NOAH	B	0.02%
PDSB	D	0.01%
XPEV	C	0.01%
BZ	C	0.01%
NIU	B	0.0%
DAO	B	0.0%
TIGR	A	0.0%
BILI	B	0.0%
CANG	B	0.0%
API	C	0.0%
TUYA	C	0.0%
TAL	C	0.0%
CAAS	B	0.0%

AVSE Underweight 4 Positions Relative to FRDM

Symbol	Grade	Weight
VALE	D	-1.55%
PKX	D	-0.97%
SSL	F	-0.23%
CX	F	-0.15%