CWI vs. JEMA ETF Comparison

Comparison of SPDR MSCI ACWI ex-US ETF (CWI) to Emerging Markets Equity Core ETF (JEMA)

CWI

SPDR MSCI ACWI ex-US ETF

CWI Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the MSCI All Country World Index ex USA. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.61

Average Daily Volume

152,035

Number of Holdings ^*

89

* may have additional holdings in another (foreign) market

JEMA

Emerging Markets Equity Core ETF

JEMA Description

J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Emerging Markets Equity Core ETF is an exchange traded fund launched and managed by J.P. Morgan Investment Management Inc. The fund invests in public equity markets of global emerging region. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Emerging Markets Equity Core ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$37.18

Average Daily Volume

63,731

Number of Holdings ^*

35

* may have additional holdings in another (foreign) market

Performance

Period	CWI	JEMA
30 Days	4.47%	3.09%
60 Days	-0.85%	-4.51%
90 Days	0.40%	-0.21%
12 Months	15.89%	8.47%

21 Overlapping Holdings

	Symbol	Grade	Weight in CWI	Weight in JEMA	Overlap
	BABA	B	0.52%	1.85%	0.52%
	BABA	B	0.07%	1.85%	0.07%
	BAP	B	0.07%	0.47%	0.07%
	BEKE	C	0.04%	0.22%	0.04%
	BIDU	F	0.09%	0.15%	0.09%
	BZ	F	0.01%	0.12%	0.01%
	GGB	C	0.02%	0.04%	0.02%
	HDB	C	0.2%	0.92%	0.2%
	HDB	C	0.2%	0.87%	0.2%
	IBN	C	0.26%	1.22%	0.26%
	IQ	F	0.0%	0.03%	0.0%
	KB	C	0.11%	0.43%	0.11%
	PDD	F	0.2%	0.55%	0.2%
	SCCO	D	0.0%	0.14%	0.0%
	SHG	B	0.09%	0.59%	0.09%
	TCOM	A	0.09%	0.26%	0.09%
	UMC	C	0.12%	0.03%	0.03%
	VALE	F	0.13%	0.15%	0.13%
	VALE	F	0.01%	0.15%	0.01%
	VIPS	F	0.03%	0.03%	0.03%
	YUMC	C	0.05%	0.29%	0.05%

CWI Overweight 69 Positions Relative to JEMA

	Symbol	Grade	Weight
	TSM	D	2.62%
	NVS	B	0.9%
	TM	F	0.72%
	UL	A	0.59%
	SONY	B	0.47%
	TD	A	0.45%
	ABBV	B	0.44%
	MUFG	D	0.44%
	CNI	D	0.33%
	INFY	B	0.33%
	SHOP	C	0.32%
	DEO	C	0.29%
	SMFG	D	0.24%
	BCS	B	0.19%
	HMC	D	0.19%
	LYG	C	0.17%
	E	D	0.16%
	ITUB	B	0.15%
	STLA	F	0.13%
	MFG	D	0.13%
	CHT	A	0.11%
	SE	B	0.1%
	RDY	C	0.09%
	PKX	F	0.08%
	TEVA	B	0.08%
	BBD	B	0.08%
	CHKP	B	0.07%
	NMR	D	0.07%
	ABEV	C	0.06%
	CIB	D	0.05%
	WIX	C	0.04%
	RBA	B	0.04%
	AGCO	F	0.04%
	XRX	D	0.04%
	CIG	A	0.04%
	ENIC	F	0.04%
	BGNE	B	0.04%
	MT	D	0.04%
	CYBR	C	0.04%
	LI	F	0.04%
	MNDY	C	0.03%
	ZTO	A	0.03%
	SQM	F	0.03%
	AER	C	0.03%
	TME	F	0.03%
	LOGI	D	0.03%
	OTEX	C	0.03%
	WIT	B	0.03%
	SID	F	0.02%
	TAL	F	0.02%
	GRAB	D	0.02%
	KEP	B	0.02%
	HTHT	D	0.02%
	LEGN	D	0.02%
	NIO	D	0.02%
	PHI	B	0.02%
	CSAN	F	0.02%
	BRFS	B	0.01%
	GLBE	D	0.01%
	ATHM	A	0.01%
	XPEV	C	0.01%
	SBSW	F	0.01%
	XPEV	C	0.01%
	FUTU	F	0.01%
	QFIN	B	0.01%
	BILI	C	0.01%
	BVN	F	0.01%
	MBAVU	B	0.01%
	QGEN	B	0.0%

CWI Underweight 16 Positions Relative to JEMA

	Symbol	Grade	Weight
	PBR	C	-0.71%
	MELI	B	-0.65%
	NU	B	-0.29%
	EXLS	B	-0.27%
	ASAI	F	-0.23%
	GLOB	C	-0.21%
	CAR	F	-0.15%
	SKM	A	-0.12%
	EPAM	C	-0.12%
	MMYT	B	-0.08%
	YMM	D	-0.07%
	CPNG	B	-0.06%
	ARCO	F	-0.06%
	G	B	-0.05%
	CPA	D	-0.05%
	BCH	B	-0.04%

CWI: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Banks - Regional - Asia Software - Application Banks - Global Banks - Regional - Latin America Steel Information Technology Services Specialty Retail Biotechnology Capital Markets Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Industrial Metals & Minerals Semiconductors Telecom Services Utilities - Regulated Electric Airports & Air Services Banks - Regional - Europe Beverages - Brewers

Keywords: Banking Bank Investment Banking Financial Products Investment Banking Services Cash Management Investment Bank Investment Product Telecommunications Transport Asset Management Asset Management Services Cars Commercial Banking Currency Insurance Products Mining Pharmaceutical Structured Finance Cash Management Services

JEMA: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Specialty Retail Banks - Regional - Latin America Business Services Information Technology Services Internet Content & Information Leisure Restaurants Airlines Banks - Diversified Copper Grocery Stores Industrial Metals & Minerals Internet Retail Oil & Gas Integrated Real Estate Services Rental & Leasing Services Semiconductors Software - Application Staffing & Employment Services

Keywords: Banking Bank Investment Banking Currency E Commerce E-Commerce Investment Banking Services Nasdaq 100 Online Shopping Advertising Services Cash Management Financial Products Investment Product Retail Banking Securitization Account Management Accounting Services Collection Services Commercial Banking Consumer Finance