AVXC vs. GSEE ETF Comparison

Comparison of Avantis Emerging Markets ex-China Equity ETF (AVXC) to Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE)

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

$51.21

Average Daily Volume

16,779

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GSEE

Goldman Sachs MarketBeta Emerging Markets Equity ETF

GSEE Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS Emerging Markets Large & Mid Cap Index. The fund invests at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index consists of equity securities of large and mid-capitalization issuers covering approximately the largest 85% of the free-float market capitalization in emerging markets.

Grade (RS Rating)

Last Trade

$45.56

Average Daily Volume

8,295

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AVXC	GSEE
30 Days	-4.23%	-4.50%
60 Days	-4.83%	-1.03%
90 Days	-5.42%	-1.31%
12 Months		11.91%

23 Overlapping Holdings

Symbol	Grade	Weight in AVXC	Weight in GSEE	Overlap
ABEV	F	0.1%	0.12%	0.1%
ASAI	F	0.13%	0.11%	0.11%
BCH	C	0.11%	0.06%	0.06%
BRFS	C	0.06%	0.04%	0.04%
CHT	C	0.11%	0.17%	0.11%
CSAN	F	0.08%	0.03%	0.03%
ERJ	A	0.22%	0.08%	0.08%
GGB	C	0.16%	0.06%	0.06%
HDB	C	0.78%	1.37%	0.78%
IBN	C	0.47%	0.94%	0.47%
KB	B	0.53%	0.29%	0.29%
KEP	B	0.05%	0.05%	0.05%
KT	A	0.03%	0.02%	0.02%
LPL	D	0.12%	0.02%	0.02%
NU	C	0.18%	0.6%	0.18%
PAGS	F	0.04%	0.02%	0.02%
SBSW	D	0.17%	0.04%	0.04%
SHG	C	0.37%	0.21%	0.21%
SKM	C	0.08%	0.03%	0.03%
UMC	F	0.27%	0.2%	0.2%
VALE	F	0.68%	0.47%	0.47%
WIT	B	0.1%	0.11%	0.1%
XP	F	0.06%	0.08%	0.06%

AVXC Overweight 47 Positions Relative to GSEE

Symbol	Grade	Weight
TSM	B	8.36%
INFY	C	0.9%
PBR	D	0.44%
ITUB	F	0.41%
ASX	D	0.32%
BBD	D	0.3%
BAP	A	0.3%
RDY	F	0.21%
GFI	D	0.21%
PAC	B	0.18%
SUZ	B	0.16%
CIG	C	0.16%
FMX	F	0.15%
EBR	F	0.14%
SBS	B	0.13%
TLK	D	0.13%
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%
SQM	D	0.08%
OMAB	D	0.08%
PKX	D	0.06%
AKO.A	F	0.06%
IFS	A	0.06%
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%
CCU	D	0.04%
BSAC	C	0.03%
PAX	C	0.02%
EC	D	0.02%
BAK	F	0.02%
BVN	D	0.02%
IMOS	F	0.01%
AZUL	F	0.0%
SHPH	F	0.0%

AVXC Underweight 25 Positions Relative to GSEE

Symbol	Grade	Weight
BABA	D	-2.24%
PDD	F	-0.9%
TCOM	B	-0.44%
BIDU	F	-0.28%
BEKE	D	-0.17%
LI	F	-0.16%
BGNE	D	-0.12%
XPEV	C	-0.1%
TME	D	-0.1%
NIO	F	-0.08%
YMM	C	-0.08%
HTHT	D	-0.08%
MMYT	B	-0.07%
BILI	D	-0.07%
VIPS	F	-0.06%
BZ	F	-0.05%
TAL	F	-0.05%
STNE	F	-0.04%
QFIN	A	-0.03%
GDS	C	-0.03%
SBLK	F	-0.02%
ATAT	C	-0.02%
ATHM	C	-0.02%
WB	D	-0.01%
IQ	F	-0.01%