EEMX vs. QLVE ETF Comparison

Comparison of SPDR MSCI Emerging Markets Fuel Reserves Free ETF (EEMX) to FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE)

EEMX

SPDR MSCI Emerging Markets Fuel Reserves Free ETF

EEMX Description

The SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI Emerging Markets ex Fossil Fuels Index.

Grade (RS Rating)

Last Trade

$35.53

Average Daily Volume

4,267

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLVE

FlexShares Emerging Markets Quality Low Volatility Index Fund

QLVE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Emerging Markets Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in emerging market countries. Under normal circumstances, the fund will invest 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. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.12

Average Daily Volume

1,104

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EEMX	QLVE
30 Days	7.16%	4.66%
60 Days	11.63%	8.93%
90 Days	7.75%	7.83%
12 Months	26.07%	25.13%

12 Overlapping Holdings

Symbol	Grade	Weight in EEMX	Weight in QLVE	Overlap
BABA	A	2.35%	2.69%	2.35%
BABA	A	0.06%	2.69%	0.06%
BAP	B	0.23%	0.88%	0.23%
BIDU	C	0.39%	0.03%	0.03%
CHT	C	0.23%	0.92%	0.23%
HDB	C	1.07%	0.45%	0.45%
IBN	C	1.18%	0.67%	0.67%
PDD	D	0.79%	0.76%	0.76%
SKM	C	0.04%	0.78%	0.04%
TCOM	B	0.41%	0.02%	0.02%
UMC	D	0.38%	0.19%	0.19%
VALE	C	0.55%	0.19%	0.19%

EEMX Overweight 27 Positions Relative to QLVE

Symbol	Grade	Weight
KB	D	0.43%
SHG	D	0.39%
YUMC	C	0.21%
LI	C	0.17%
ABEV	C	0.17%
BGNE	B	0.16%
BEKE	A	0.13%
WIT	B	0.13%
SCCO	B	0.1%
NIO	C	0.1%
BVN	D	0.09%
HTHT	B	0.09%
XP	F	0.09%
VIPS	C	0.08%
GGB	C	0.07%
TME	D	0.07%
CSAN	D	0.07%
XPEV	C	0.05%
SBSW	D	0.04%
LEGN	F	0.04%
TAL	C	0.04%
BILI	A	0.04%
BZ	C	0.03%
QFIN	B	0.03%
ASAI	F	0.02%
ATHM	A	0.02%
IQ	D	0.01%

EEMX Underweight 2 Positions Relative to QLVE

	Symbol	Grade	Weight
	KT	C	-0.51%
	NTES	C	-0.43%