DBEM vs. APIE ETF Comparison

Comparison of db-X trackers MSCI Emerging Markets Hedged Equity Fund (DBEM) to Trust for Professional Managers ActivePassive International Equity ETF (APIE)

DBEM

db-X trackers MSCI Emerging Markets Hedged Equity Fund

DBEM Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EM US Dollar Hedged Index (the "underlying index"). The fund will normally invest at least 80% of its net assets in the equity securities of issuers from emerging markets countries and in instruments designed to hedge against the fund's exposure to non-U.S. currencies. The index is designed to provide exposure to equity securities in the global emerging markets, while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected emerging market currencies. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.42

Average Daily Volume

9,288

Number of Holdings ^*

* may have additional holdings in another (foreign) market

APIE

Trust for Professional Managers ActivePassive International Equity ETF

APIE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.

Grade (RS Rating)

Last Trade

$28.72

Average Daily Volume

47,382

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

Performance

Period	DBEM	APIE
30 Days	-3.59%	-4.19%
60 Days	0.72%	-3.36%
90 Days	0.76%	-3.32%
12 Months	14.62%	11.90%

37 Overlapping Holdings

Symbol	Grade	Weight in DBEM	Weight in APIE	Overlap
ABEV	F	0.11%	0.12%	0.11%
ASAI	F	0.09%	0.02%	0.02%
ATHM	C	0.03%	0.03%	0.03%
BABA	D	2.06%	1.19%	1.19%
BCH	C	0.07%	0.06%	0.06%
BEKE	D	0.16%	0.06%	0.06%
BGNE	D	0.13%	0.1%	0.1%
BIDU	F	0.29%	0.05%	0.05%
BILI	D	0.05%	0.03%	0.03%
BRFS	C	0.03%	0.02%	0.02%
BVN	D	0.03%	0.01%	0.01%
BZ	F	0.04%	0.02%	0.02%
CHT	C	0.17%	0.08%	0.08%
ERJ	A	0.08%	0.13%	0.08%
GGB	C	0.06%	0.03%	0.03%
HDB	C	1.03%	0.96%	0.96%
HTHT	D	0.08%	0.04%	0.04%
IBN	C	0.94%	0.51%	0.51%
IQ	F	0.01%	0.0%	0.0%
KB	B	0.3%	0.22%	0.22%
LEGN	D	0.03%	0.01%	0.01%
LI	F	0.17%	0.08%	0.08%
LPL	D	0.02%	0.02%	0.02%
NIO	F	0.08%	0.03%	0.03%
PDD	F	0.96%	0.5%	0.5%
QFIN	A	0.04%	0.07%	0.04%
SBSW	D	0.04%	0.0%	0.0%
SHG	C	0.2%	0.28%	0.2%
SKM	C	0.03%	0.29%	0.03%
TAL	F	0.06%	0.02%	0.02%
TCOM	B	0.4%	0.29%	0.29%
TME	D	0.11%	0.04%	0.04%
UMC	F	0.19%	0.13%	0.13%
VALE	F	0.4%	0.23%	0.23%
VIPS	F	0.06%	0.06%	0.06%
WIT	B	0.11%	0.14%	0.11%
XPEV	C	0.1%	0.05%	0.05%

DBEM Overweight 9 Positions Relative to APIE

Symbol	Grade	Weight
NU	C	0.5%
YUMC	C	0.23%
BAP	A	0.15%
SCCO	F	0.11%
XP	F	0.07%
KEP	B	0.05%
STNE	F	0.03%
CSAN	F	0.03%
PAGS	F	0.02%

DBEM Underweight 175 Positions Relative to APIE

Symbol	Grade	Weight
TSM	B	-5.96%
SAP	B	-1.98%
RELX	D	-1.54%
NVO	F	-1.45%
NVS	F	-1.33%
UL	D	-1.28%
AZN	F	-1.25%
ASML	F	-1.22%
TM	F	-1.2%
HSBC	A	-1.18%
BTI	B	-0.92%
BCS	A	-0.81%
TAK	D	-0.79%
BHP	F	-0.75%
DEO	F	-0.72%
SNY	F	-0.72%
BP	D	-0.69%
RIO	D	-0.68%
IX	F	-0.66%
GSK	F	-0.66%
BUD	F	-0.65%
TTE	F	-0.6%
SMFG	B	-0.59%
MUFG	B	-0.58%
SAN	D	-0.53%
HMC	F	-0.53%
INFY	C	-0.53%
NGG	D	-0.52%
BBVA	D	-0.49%
ING	F	-0.46%
PHG	C	-0.46%
LYG	D	-0.44%
NWG	A	-0.43%
MFG	A	-0.41%
IHG	A	-0.39%
JD	D	-0.38%
ABBV	F	-0.37%
TEF	C	-0.37%
MT	B	-0.35%
ERIC	C	-0.34%
AON	A	-0.34%
PSO	B	-0.33%
NOK	D	-0.32%
E	F	-0.31%
ACN	B	-0.31%
CHKP	C	-0.31%
VOD	F	-0.3%
NMR	B	-0.3%
HLN	C	-0.29%
RDY	F	-0.27%
SNN	D	-0.26%
RTO	C	-0.26%
LOGI	D	-0.25%
KT	A	-0.25%
JHX	D	-0.21%
GLPG	F	-0.2%
FMS	A	-0.19%
EQNR	C	-0.19%
PBR	D	-0.17%
ITUB	F	-0.16%
ASX	D	-0.16%
SE	A	-0.15%
WPP	C	-0.15%
TEVA	C	-0.14%
DOOO	F	-0.13%
CRTO	D	-0.12%
NTES	D	-0.12%
CUK	A	-0.12%
WF	C	-0.12%
FINV	B	-0.11%
BBD	D	-0.1%
ARGX	B	-0.1%
ZTO	F	-0.1%
SBS	B	-0.09%
PKX	D	-0.09%
NICE	D	-0.08%
GRFS	C	-0.08%
WDS	D	-0.08%
TS	B	-0.08%
SW	A	-0.08%
FUTU	D	-0.08%
CIG	C	-0.08%
GFI	D	-0.07%
CIB	B	-0.07%
CCU	D	-0.06%
NNDM	D	-0.06%
PAC	B	-0.06%
AKO.A	F	-0.06%
KOF	F	-0.06%
ASR	D	-0.06%
HMY	D	-0.06%
YY	B	-0.06%
GGAL	B	-0.05%
ARM	F	-0.05%
MTLS	A	-0.05%
SOHU	F	-0.05%
PAM	A	-0.05%
FMX	F	-0.05%
GOLD	C	-0.05%
CX	F	-0.05%
BNTX	C	-0.05%
GMAB	F	-0.05%
AKO.A	F	-0.05%
DRD	D	-0.04%
YMM	C	-0.04%
TKC	B	-0.04%
OPRA	B	-0.04%
BWAY	B	-0.04%
STM	F	-0.04%
PHI	D	-0.04%
IMOS	F	-0.04%
IMMP	F	-0.03%
BLTE	B	-0.03%
VLRS	B	-0.03%
TLK	D	-0.03%
CRESY	B	-0.03%
EBR	F	-0.03%
YPF	B	-0.03%
TX	F	-0.03%
OMAB	D	-0.03%
VIST	B	-0.03%
DAVA	C	-0.03%
MREO	F	-0.02%
BMA	C	-0.02%
ELP	F	-0.02%
ZLAB	C	-0.02%
GNFT	F	-0.02%
ATAT	C	-0.02%
UGP	F	-0.02%
SUPV	B	-0.02%
ASND	F	-0.02%
HIMX	F	-0.02%
GDS	C	-0.02%
XYF	D	-0.02%
SUZ	B	-0.02%
MOMO	D	-0.02%
MYTE	B	-0.02%
CANG	B	-0.02%
ENIC	B	-0.02%
EDAP	F	-0.01%
JMIA	F	-0.01%
YALA	D	-0.01%
DOYU	C	-0.01%
MNSO	D	-0.01%
BZUN	F	-0.01%
DAO	B	-0.01%
CEPU	B	-0.01%
HUYA	F	-0.01%
CLLS	F	-0.01%
JKS	F	-0.01%
TV	F	-0.01%
GRVY	C	-0.01%
RERE	C	-0.01%
OTLY	F	-0.01%
JFIN	F	-0.01%
TEO	B	-0.01%
IPHA	D	-0.01%
SQM	D	-0.01%
VIV	F	-0.01%
ADAP	F	-0.0%
EVO	C	-0.0%
HCM	D	-0.0%
SSL	F	-0.0%
CNF	F	-0.0%
ORAN	F	-0.0%
HEPS	C	-0.0%
AZUL	F	-0.0%
DADA	F	-0.0%
RLX	C	-0.0%
TOUR	D	-0.0%
SIMO	D	-0.0%
YRD	F	-0.0%
DDL	C	-0.0%
EH	D	-0.0%
KC	B	-0.0%