AVXC vs. FNDE ETF Comparison

Comparison of Avantis Emerging Markets ex-China Equity ETF (AVXC) to Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE)

AVXC

Avantis Emerging Markets ex-China Equity ETF

AVXC Description

AVXC aims to achieve long-term capital growth by investing in a varied selection of companies from emerging markets, with China being a notable exception. It prioritizes companies with smaller market capitalizations that exhibit strong profitability and value characteristics. The manager utilizes financial data and market information to identify suitable securities, focusing on metrics like adjusted book/price and cash from operations to book value ratios. Additional factors considered include industry classification, historical performance, liquidity, among others. Security weightings are determined based on market capitalization and potential for returns relative to its peers. AVXC adjusts its holdings according to desired characteristics and may reduce exposure or sell if criteria are not met, considering past performance, expected returns, implementation costs, and tax implications. The fund has the capability to invest in foreign-denominated securities and partake in securities lending activities.

Grade (RS Rating)

Last Trade

$51.55

Average Daily Volume

16,779

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNDE

Schwab Fundamental Emerging Markets Large Company Index ETF

FNDE Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Emerging Markets Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 80% of its net assets in stocks included in the index, including depositary receipts representing securities of the index. It may invest up to 20% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$30.58

Average Daily Volume

595,186

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVXC	FNDE
30 Days	-4.23%	-4.33%
60 Days	-4.83%	1.82%
90 Days	-5.42%	1.12%
12 Months		19.31%

11 Overlapping Holdings

Symbol	Grade	Weight in AVXC	Weight in FNDE	Overlap
ABEV	F	0.1%	0.22%	0.1%
BCH	C	0.11%	0.1%	0.1%
CHT	C	0.11%	0.28%	0.11%
EC	D	0.02%	0.05%	0.02%
GGB	C	0.16%	0.3%	0.16%
HDB	C	0.78%	0.44%	0.44%
IBN	C	0.47%	0.33%	0.33%
SBSW	D	0.17%	0.27%	0.17%
UMC	F	0.27%	0.35%	0.27%
VALE	F	0.68%	1.8%	0.68%
WIT	B	0.1%	0.14%	0.1%

AVXC Overweight 59 Positions Relative to FNDE

Symbol	Grade	Weight
TSM	B	8.36%
INFY	C	0.9%
KB	B	0.53%
PBR	D	0.44%
ITUB	F	0.41%
SHG	C	0.37%
ASX	D	0.32%
BBD	D	0.3%
BAP	A	0.3%
ERJ	A	0.22%
RDY	F	0.21%
GFI	D	0.21%
PAC	B	0.18%
NU	C	0.18%
SUZ	B	0.16%
CIG	C	0.16%
FMX	F	0.15%
EBR	F	0.14%
ASAI	F	0.13%
SBS	B	0.13%
TLK	D	0.13%
LPL	D	0.12%
CAR	C	0.11%
SCCO	F	0.11%
CX	F	0.1%
HMY	D	0.1%
VIV	F	0.09%
TWI	F	0.09%
TKC	B	0.09%
ASR	D	0.09%
SGRP	D	0.08%
TV	F	0.08%
CSAN	F	0.08%
SKM	C	0.08%
SQM	D	0.08%
OMAB	D	0.08%
PKX	D	0.06%
BRFS	C	0.06%
XP	F	0.06%
AKO.A	F	0.06%
IFS	A	0.06%
KEP	B	0.05%
SID	F	0.05%
VLRS	B	0.05%
BSBR	F	0.04%
UGP	F	0.04%
SSL	F	0.04%
PHI	D	0.04%
CIB	B	0.04%
PAGS	F	0.04%
CCU	D	0.04%
BSAC	C	0.03%
KT	A	0.03%
PAX	C	0.02%
BAK	F	0.02%
BVN	D	0.02%
IMOS	F	0.01%
AZUL	F	0.0%
SHPH	F	0.0%

AVXC Underweight 8 Positions Relative to FNDE

Symbol	Grade	Weight
BABA	D	-2.79%
JD	D	-0.76%
BIDU	F	-0.37%
YUMC	C	-0.33%
VIPS	F	-0.26%
PDD	F	-0.08%
BEKE	D	-0.07%
ZTO	F	-0.06%