EQLT vs. ASIA ETF Comparison

Comparison of iShares MSCI Emerging Markets Quality Factor ETF (EQLT) to Matthews Pacific Tiger Active ETF (ASIA)

EQLT

iShares MSCI Emerging Markets Quality Factor ETF

EQLT Description

EQLT tracks an index of emerging market stocks perceived to be higher quality. The starting universe begins with large- and mid-cap stocks from the MSCI Emerging Markets Index. The fund calculates a Quality Score for each security using three fundamental metrics: high return on equity, stable year-over-year earnings growth, and low financial leverage. The fund selects securities with higher quality scores until it covers about half of the market-cap within each country in the parent index. The fund then assigns weights by multiplying each securitys market-cap weight in the parent index by a Tilt Score. The Tilt Score accounts for the securitys quality score and relative market-cap position. The resulting weights are normalized to build the portfolio. Issuers are capped at 5%, along with other country and sector weight limits. The fund may invest in derivatives or engage in securities lending. The index is reviewed and rebalanced semi-annually.

Grade (RS Rating)

Last Trade

$23.93

Average Daily Volume

428

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ASIA

Matthews Pacific Tiger Active ETF

ASIA Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Asia excluding Japan, but including all other developed, emerging, and frontier countries and markets in the Asian region.

Grade (RS Rating)

Last Trade

$26.90

Average Daily Volume

6,178

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQLT	ASIA
30 Days	-5.99%	-4.96%
60 Days	-1.80%	2.59%
90 Days		1.91%
12 Months		6.76%

3 Overlapping Holdings

Symbol	Grade	Weight in EQLT	Weight in ASIA	Overlap
BABA	D	4.1%	3.42%	3.42%
HDB	C	1.12%	2.11%	1.12%
IBN	C	2.55%	2.93%	2.55%

EQLT Overweight 2 Positions Relative to ASIA

	Symbol	Grade	Weight
	YUMC	B	0.33%
	WIT	B	0.12%

EQLT Underweight 10 Positions Relative to ASIA

Symbol	Grade	Weight
TSM	B	-10.73%
PDD	F	-2.04%
SE	B	-1.54%
GRAB	A	-1.52%
TCOM	B	-1.11%
BEKE	C	-1.06%
MMYT	C	-1.04%
BEKE	C	-1.03%
KB	C	-0.7%
SHG	D	-0.51%