BRAZ vs. EMEQ ETF Comparison

Comparison of Global X Brazil Active ETF (BRAZ) to Macquarie Focused Emerging Markets Equity ETF (EMEQ)

BRAZ

Global X Brazil Active ETF

BRAZ Description

The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.81

Average Daily Volume

280

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMEQ

Macquarie Focused Emerging Markets Equity ETF

EMEQ Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of emerging markets issuers. The fund invests primarily in a broad range of equity securities of companies located in emerging market countries and may invest in companies of any size. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.21

Average Daily Volume

5,064

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BRAZ	EMEQ
30 Days	-3.57%	-6.90%
60 Days	-6.25%	-2.03%
90 Days	-8.77%
12 Months	-15.40%

4 Overlapping Holdings

Symbol	Grade	Weight in BRAZ	Weight in EMEQ	Overlap
ABEV	F	1.89%	0.97%	0.97%
BBD	D	4.91%	0.67%	0.67%
ITUB	D	8.52%	1.36%	1.36%
PBR	C	10.24%	2.22%	2.22%

BRAZ Overweight 8 Positions Relative to EMEQ

Symbol	Grade	Weight
NU	C	9.62%
VALE	F	6.86%
ASAI	F	3.75%
EBR	F	3.34%
SUZ	B	2.8%
ARCO	F	2.09%
ELP	F	1.94%
MELI	C	1.22%

BRAZ Underweight 16 Positions Relative to EMEQ

Symbol	Grade	Weight
BABA	D	-4.5%
PDD	F	-2.54%
HDB	C	-2.11%
INFY	C	-1.41%
BAP	A	-1.09%
BGNE	D	-1.01%
KOF	F	-0.9%
FMX	F	-0.89%
CX	F	-0.67%
TCOM	B	-0.63%
GRAB	A	-0.62%
TAL	F	-0.59%
RDY	D	-0.55%
BIDU	D	-0.5%
BILI	D	-0.5%
ZTO	F	-0.47%