EMSG vs. FDEM ETF Comparison

Comparison of Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF (EMSG) to Fidelity Targeted Emerging Markets Factor ETF (FDEM)

EMSG

Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF

EMSG Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Emerging Markets ESG Leaders Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities (including depositary receipts in respect of such securities) of the underlying index. The underlying index is a capitalization weighted index that provides exposure to companies with high environmental, social and governance ("ESG") performance relative to their sector peers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.55

Average Daily Volume

1,534

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDEM

Fidelity Targeted Emerging Markets Factor ETF

FDEM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Targeted International Factor Index℠. The fund invests at least 80% of its assets in securities included in the index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader developed international equity market, and lower correlation to the U.S. equity market.

Grade (RS Rating)

Last Trade

$25.73

Average Daily Volume

28,906

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMSG	FDEM
30 Days	0.24%	-1.61%
60 Days	1.37%	-1.51%
90 Days	2.60%	-0.11%
12 Months	15.29%	16.51%

6 Overlapping Holdings

Symbol	Grade	Weight in EMSG	Weight in FDEM	Overlap
BABA	C	3.71%	1.37%	1.37%
BIDU	F	0.56%	0.64%	0.56%
CHT	A	0.35%	0.57%	0.35%
LPL	D	0.06%	0.03%	0.03%
VIPS	F	0.11%	0.1%	0.1%
YUMC	D	0.32%	0.18%	0.18%

EMSG Overweight 19 Positions Relative to FDEM

Symbol	Grade	Weight
HDB	C	1.98%
KB	D	0.58%
INFY	B	0.54%
UMC	B	0.45%
SHG	C	0.44%
LI	F	0.28%
BAP	B	0.28%
BGNE	C	0.24%
BEKE	F	0.23%
HTHT	D	0.15%
NIO	C	0.14%
XPEV	D	0.13%
GGB	C	0.11%
BILI	D	0.09%
BZ	F	0.08%
CSAN	F	0.07%
SKM	A	0.06%
SBSW	F	0.06%
ESGE	C	0.02%

EMSG Underweight 7 Positions Relative to FDEM

Symbol	Grade	Weight
PDD	F	-0.85%
ATHM	C	-0.5%
BCH	B	-0.38%
TCOM	C	-0.32%
VALE	D	-0.28%
WIT	C	-0.17%
MNSO	F	-0.09%