EMXF vs. MFEM ETF Comparison

Comparison of iShares ESG Advanced MSCI EM ETF (EMXF) to PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM)

EMXF

iShares ESG Advanced MSCI EM ETF

EMXF Description

The iShares ESG Advanced MSCI EM ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization emerging market companies that have a favorable environmental, social and governance rating while applying extensive screens for company involvement in controversial activities. -- As part of its investment objective this fund seeks to track an index that applies the following business involvement screens: adult entertainment, alcohol, civilian firearms, conventional weapons, controversial weapons, for profit prisons, fossil fuels, gambling, genetically modified organisms (GMOs), nuclear power, nuclear weapons, palm oil, predatory lending and tobacco. The business involvement screens are based on revenue or percentage of revenue thresholds for certain categories and categorical exclusions for others.

Grade (RS Rating)

Last Trade

$38.68

Average Daily Volume

4,863

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MFEM

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

MFEM Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$19.66

Average Daily Volume

8,732

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EMXF	MFEM
30 Days	-4.59%	-4.14%
60 Days	-0.31%	0.20%
90 Days	1.24%	-0.66%
12 Months	9.27%	11.10%

2 Overlapping Holdings

	Symbol	Grade	Weight in EMXF	Weight in MFEM	Overlap
	CHT	C	0.41%	0.4%	0.4%
	YUMC	B	0.52%	0.1%	0.1%

EMXF Overweight 9 Positions Relative to MFEM

Symbol	Grade	Weight
HDB	B	2.44%
TCOM	B	0.97%
UMC	F	0.44%
LI	F	0.39%
BGNE	D	0.29%
WIT	B	0.25%
XPEV	C	0.23%
BILI	C	0.14%
MNSO	C	0.05%

EMXF Underweight 21 Positions Relative to MFEM

Symbol	Grade	Weight
SHG	D	-0.68%
VALE	F	-0.54%
TME	F	-0.46%
KB	B	-0.42%
KT	D	-0.33%
KEP	B	-0.32%
SKM	D	-0.27%
PDD	D	-0.25%
VIPS	F	-0.23%
BCH	D	-0.16%
GGB	C	-0.15%
LPL	D	-0.13%
BRFS	D	-0.13%
SBSW	D	-0.11%
SGRP	D	-0.09%
FN	B	-0.09%
CAR	C	-0.05%
SBLK	F	-0.05%
SIMO	D	-0.04%
ZTO	F	-0.04%
AKO.A	F	-0.02%