BKEM vs. TLTE ETF Comparison

Comparison of BNY Mellon Emerging Markets Equity ETF (BKEM) to FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE)

BKEM

BNY Mellon Emerging Markets Equity ETF

BKEM Description

The investment seeks to track the performance of the Morningstar Emerging Markets Large Cap IndexSM. Under normal circumstances, in seeking to track the index's performance, the fund generally purchases a representative sample of the securities comprising the index. By using a sampling process, it typically will not invest in all of the securities in the index. The Morningstar® Emerging Markets Large Cap IndexSM is a float-adjusted market capitalization weighted index designed to measure the performance of emerging market large-capitalization stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.40

Average Daily Volume

3,283

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TLTE

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund

TLTE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MorningstarÂ® Emerging Markets Factor Tilt IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index reflects the performance of a selection of equity securities designed to provide broad exposure to the global emerging equities markets, with increased exposure (or a "tilt") to small-capitalization stocks and value stocks.

Grade (RS Rating)

Last Trade

$54.73

Average Daily Volume

5,736

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BKEM	TLTE
30 Days	1.38%	0.82%
60 Days	2.85%	2.37%
90 Days	2.49%	2.38%
12 Months	13.51%	15.02%

38 Overlapping Holdings

Symbol	Grade	Weight in BKEM	Weight in TLTE	Overlap
ABEV	C	0.11%	0.07%	0.07%
ASAI	F	0.1%	0.06%	0.06%
ATHM	C	0.02%	0.01%	0.01%
BABA	B	1.92%	1.9%	1.9%
BCH	C	0.07%	0.06%	0.06%
BEKE	D	0.14%	0.02%	0.02%
BEKE	D	0.14%	0.06%	0.06%
BGNE	C	0.08%	0.08%	0.08%
BIDU	D	0.3%	0.25%	0.25%
BILI	C	0.05%	0.02%	0.02%
CHT	B	0.17%	0.11%	0.11%
CSAN	F	0.03%	0.03%	0.03%
GDS	B	0.01%	0.01%	0.01%
GGB	D	0.05%	0.05%	0.05%
HDB	C	1.33%	0.82%	0.82%
IBN	B	0.93%	0.56%	0.56%
IQ	F	0.02%	0.01%	0.01%
KB	D	0.3%	0.25%	0.25%
KEP	C	0.04%	0.04%	0.04%
LI	D	0.14%	0.07%	0.07%
LPL	F	0.02%	0.02%	0.02%
NIO	C	0.06%	0.05%	0.05%
PDD	F	1.03%	0.46%	0.46%
RLX	F	0.02%	0.01%	0.01%
SBSW	D	0.03%	0.03%	0.03%
SHG	C	0.23%	0.21%	0.21%
SKM	B	0.02%	0.04%	0.02%
TAL	F	0.06%	0.02%	0.02%
TCOM	C	0.27%	0.19%	0.19%
TME	F	0.12%	0.03%	0.03%
TME	F	0.12%	0.02%	0.02%
UMC	C	0.22%	0.22%	0.22%
VALE	D	0.52%	0.39%	0.39%
VIPS	D	0.06%	0.05%	0.05%
WB	D	0.01%	0.08%	0.01%
WIT	C	0.11%	0.07%	0.07%
XPEV	C	0.06%	0.03%	0.03%
YMM	D	0.08%	0.04%	0.04%

BKEM Overweight 9 Positions Relative to TLTE

Symbol	Grade	Weight
NU	B	0.34%
XP	D	0.08%
MMYT	B	0.06%
BZ	F	0.05%
STNE	F	0.04%
PAGS	F	0.03%
SBLK	D	0.02%
QFIN	B	0.02%
KT	B	0.02%

BKEM Underweight 17 Positions Relative to TLTE

Symbol	Grade	Weight
SGRP	C	-0.16%
BAP	B	-0.12%
MOMO	D	-0.11%
FINV	C	-0.1%
YUMC	D	-0.09%
DQ	D	-0.09%
ERJ	C	-0.05%
VIST	D	-0.04%
BRFS	C	-0.03%
MNSO	D	-0.02%
EH	F	-0.01%
IMOS	F	-0.01%
IFS	C	-0.01%
CAR	F	-0.01%
AKO.A	D	-0.01%
ATAT	B	-0.01%
YY	C	-0.01%