AVSE vs. NSI ETF Comparison

Comparison of Avantis Responsible Emerging Markets Equity ETF (AVSE) to National Security Emerging Markets Index ETF (NSI)

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 ^*

89

* may have additional holdings in another (foreign) market

NSI

National Security Emerging Markets Index ETF

NSI Description

The fund invests at least 80% of its total assets in component securities of the index. The index consists of stocks listed on globally recognized stock exchanges that excludes companies benefiting end-users that, in the view of the sponsor of the fund, National Security Index, LLC (the "Sponsor") pose a threat to the national security interests of the United States.

Grade (RS Rating)

Last Trade

$26.79

Average Daily Volume

1,132

Number of Holdings ^*

88

* may have additional holdings in another (foreign) market

Performance

Period	AVSE	NSI
30 Days	-4.16%	-5.26%
60 Days	-1.36%	-0.77%
90 Days	-1.56%	-2.09%
12 Months	15.31%

62 Overlapping Holdings

	Symbol	Grade	Weight in AVSE	Weight in NSI	Overlap
	ABEV	F	0.08%	0.71%	0.08%
	ASAI	F	0.08%	0.17%	0.08%
	ASAI	F	0.04%	0.17%	0.04%
	ASR	D	0.07%	0.46%	0.07%
	ASX	D	0.22%	2.09%	0.22%
	ATHM	C	0.06%	0.22%	0.06%
	BAP	A	0.18%	0.25%	0.18%
	BBD	D	0.16%	0.33%	0.16%
	BCH	C	0.08%	0.4%	0.08%
	BEKE	D	0.17%	0.67%	0.17%
	BGNE	D	0.03%	0.54%	0.03%
	BGNE	D	0.05%	0.54%	0.05%
	BILI	D	0.0%	0.34%	0.0%
	BSAC	C	0.04%	0.24%	0.04%
	BSBR	F	0.02%	0.09%	0.02%
	BZ	F	0.01%	0.24%	0.01%
	CHT	C	0.06%	2.09%	0.06%
	CIB	B	0.04%	0.36%	0.04%
	CIG	C	0.12%	0.12%	0.12%
	CPNG	D	0.28%	0.56%	0.28%
	EBR	F	0.08%	0.17%	0.08%
	ELP	F	0.04%	0.1%	0.04%
	FMX	F	0.1%	0.84%	0.1%
	GFI	D	0.17%	0.38%	0.17%
	HDB	C	0.56%	3.61%	0.56%
	HTHT	D	0.25%	0.53%	0.25%
	IBN	C	0.48%	2.21%	0.48%
	INFY	C	0.76%	1.22%	0.76%
	IQ	F	0.06%	0.22%	0.06%
	ITUB	F	0.34%	0.66%	0.34%
	KB	B	0.48%	1.2%	0.48%
	KT	A	0.05%	1.12%	0.05%
	LI	F	0.29%	0.59%	0.29%
	LPL	D	0.09%	0.87%	0.09%
	NIO	F	0.02%	0.34%	0.02%
	NTES	D	0.51%	1.49%	0.51%
	OMAB	D	0.09%	0.34%	0.09%
	PAC	B	0.16%	0.5%	0.16%
	PAGS	F	0.04%	0.13%	0.04%
	PDD	F	0.71%	4.57%	0.71%
	PHI	D	0.03%	0.63%	0.03%
	QFIN	A	0.09%	0.45%	0.09%
	RDY	F	0.09%	0.86%	0.09%
	SBS	B	0.11%	0.11%	0.11%
	SBSW	D	0.07%	0.22%	0.07%
	SHG	C	0.38%	1.19%	0.38%
	SKM	C	0.07%	0.75%	0.07%
	SQM	D	0.03%	0.5%	0.03%
	STNE	F	0.13%	0.14%	0.13%
	SUZ	B	0.14%	0.18%	0.14%
	TAL	F	0.0%	0.3%	0.0%
	TCOM	B	0.27%	1.04%	0.27%
	TKC	B	0.06%	0.61%	0.06%
	TLK	D	0.13%	0.38%	0.13%
	TSM	B	5.9%	11.76%	5.9%
	UMC	F	0.24%	1.85%	0.24%
	VIPS	F	0.23%	0.53%	0.23%
	VIV	F	0.06%	0.14%	0.06%
	WIT	B	0.07%	0.43%	0.07%
	XPEV	C	0.01%	0.46%	0.01%
	YUMC	C	0.41%	0.35%	0.35%
	ZTO	F	0.2%	0.69%	0.2%

AVSE Overweight 27 Positions Relative to NSI

	Symbol	Grade	Weight
	BABA	D	1.8%
	TME	D	0.08%
	CAR	C	0.08%
	MNSO	D	0.06%
	SCCO	F	0.05%
	BIDU	F	0.05%
	TV	F	0.05%
	SGRP	D	0.04%
	IFS	A	0.04%
	MOMO	D	0.04%
	AKO.A	F	0.04%
	YY	B	0.04%
	LX	B	0.03%
	NOAH	D	0.03%
	SOHU	F	0.03%
	IMOS	F	0.03%
	VNET	B	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 28 Positions Relative to NSI

	Symbol	Grade	Weight
	MELI	C	-1.72%
	PKX	D	-1.33%
	PBR	D	-1.23%
	WF	C	-1.11%
	VALE	F	-0.99%
	NU	C	-0.92%
	KEP	B	-0.8%
	SSL	F	-0.63%
	YMM	C	-0.51%
	KOF	F	-0.49%
	ENIC	B	-0.4%
	XP	F	-0.36%
	HCM	D	-0.27%
	CX	F	-0.26%
	TGLS	B	-0.24%
	GGB	C	-0.24%
	HMY	D	-0.23%
	VIST	B	-0.22%
	FN	C	-0.22%
	ERJ	A	-0.18%
	EC	D	-0.18%
	MMYT	B	-0.16%
	BVN	D	-0.14%
	CRDO	B	-0.12%
	CSAN	F	-0.1%
	BRFS	C	-0.1%
	UGP	F	-0.09%
	BAK	F	-0.08%

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

NSI: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Telecom Services Banks - Regional - Asia Internet Content & Information Airports & Air Services Auto Manufacturers Gold Oil & Gas Integrated Semiconductors Specialty Retail Utilities - Regulated Electric Beverages - Brewers Building Materials Chemicals Consumer Electronics Industrial Metals & Minerals Information Technology Services Leisure Oil & Gas Refining & Marketing Software - Application

Keywords: Bank Banking Investment Banking Broadband Currency Financial Products Internet Access Natural Gas Telecommunications Investment Product Advertising Services E-Commerce Information And Communications Technology Investment Banking Services Securitization Telecommunication Services Broadband Internet Cash Management Commercial Banking Connection Services