EMQQ vs. CXSE ETF Comparison

Comparison of Emerging Markets Internet and Ecommerce ETF (The) (EMQQ) to WisdomTree China ex-State-Owned Enterprises Fund (CXSE)

EMQQ

Emerging Markets Internet and Ecommerce ETF (The)

EMQQ Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of EMQQ The Emerging Markets Internet & Ecommerce IndexTM (the "Index"). The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of an investable universe of publicly-traded, emerging market internet and ecommerce companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.24

Average Daily Volume

48,854

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CXSE

WisdomTree China ex-State-Owned Enterprises Fund

CXSE Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree China ex-State-Owned Enterprises Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a modified float-adjusted market cap weighted index that consists of common stocks in China, excluding common stocks of "state-owned enterprises." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.64

Average Daily Volume

24,928

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMQQ	CXSE
30 Days	17.45%	32.47%
60 Days	25.75%	34.36%
90 Days	19.09%	28.63%
12 Months	38.60%	20.02%

10 Overlapping Holdings

Symbol	Grade	Weight in EMQQ	Weight in CXSE	Overlap
BABA	A	7.25%	11.2%	7.25%
BEKE	A	0.89%	1.13%	0.89%
BIDU	C	1.94%	2.28%	1.94%
BILI	A	0.38%	0.36%	0.36%
BZ	C	0.37%	0.35%	0.35%
IQ	D	0.09%	0.09%	0.09%
PDD	D	4.77%	5.21%	4.77%
TCOM	B	2.09%	1.62%	1.62%
TME	D	0.72%	0.6%	0.6%
VIPS	C	0.35%	0.34%	0.34%

EMQQ Overweight 15 Positions Relative to CXSE

Symbol	Grade	Weight
MELI	C	8.44%
SE	A	6.01%
NU	D	5.05%
CPNG	C	3.5%
GRAB	B	1.02%
XP	F	0.79%
MMYT	D	0.72%
YMM	B	0.53%
FUTU	A	0.48%
STNE	F	0.35%
QFIN	B	0.28%
PAGS	F	0.22%
FRSH	F	0.22%
DESP	C	0.09%
MOMO	A	0.07%

EMQQ Underweight 8 Positions Relative to CXSE

Symbol	Grade	Weight
BGNE	B	-1.08%
LI	C	-1.03%
YUMC	C	-0.84%
NIO	C	-0.54%
XPEV	C	-0.37%
LEGN	F	-0.26%
JKS	C	-0.06%
DQ	C	-0.05%