EWX vs. AVXC ETF Comparison

Comparison of SPDR S&P Emerging Markets Small Cap ETF (EWX) to Avantis Emerging Markets ex-China Equity ETF (AVXC)

EWX

SPDR S&P Emerging Markets Small Cap ETF

EWX Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the small capitalization segment of global emerging market countries. The fund employs a sampling strategy in seeking to track the performance of the S&PÂ® Emerging Markets Under USD2 Billion Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.05

Average Daily Volume

29,154

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVXC

Avantis Emerging Markets ex-China Equity ETF

AVXC Description

AVXC aims to achieve long-term capital growth by investing in a varied selection of companies from emerging markets, with China being a notable exception. It prioritizes companies with smaller market capitalizations that exhibit strong profitability and value characteristics. The manager utilizes financial data and market information to identify suitable securities, focusing on metrics like adjusted book/price and cash from operations to book value ratios. Additional factors considered include industry classification, historical performance, liquidity, among others. Security weightings are determined based on market capitalization and potential for returns relative to its peers. AVXC adjusts its holdings according to desired characteristics and may reduce exposure or sell if criteria are not met, considering past performance, expected returns, implementation costs, and tax implications. The fund has the capability to invest in foreign-denominated securities and partake in securities lending activities.

Grade (RS Rating)

Last Trade

$51.55

Average Daily Volume

16,779

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EWX	AVXC
30 Days	-1.54%	-4.23%
60 Days	1.95%	-4.83%
90 Days	2.73%	-5.42%
12 Months	11.55%

5 Overlapping Holdings

Symbol	Grade	Weight in EWX	Weight in AVXC	Overlap
CAR	C	0.19%	0.11%	0.11%
IMOS	F	0.06%	0.01%	0.01%
PAX	C	0.03%	0.02%	0.02%
SGRP	D	0.11%	0.08%	0.08%
SHPH	F	0.02%	0.0%	0.0%

EWX Overweight 37 Positions Relative to AVXC

Symbol	Grade	Weight
DAC	C	0.1%
FINV	B	0.1%
MOMO	D	0.1%
BLTE	B	0.09%
JKS	F	0.09%
TIGR	D	0.07%
DQ	F	0.07%
EH	D	0.07%
CMRE	C	0.07%
BTBT	C	0.06%
HEPS	C	0.06%
HIMX	F	0.06%
DDL	C	0.06%
TUYA	D	0.05%
SB	F	0.05%
TEN	F	0.05%
GASS	D	0.04%
QD	B	0.04%
JEWL	D	0.03%
RERE	C	0.03%
YALA	D	0.03%
HUYA	F	0.03%
VINP	C	0.03%
NEXA	B	0.03%
GOTU	F	0.03%
AFYA	F	0.03%
VTEX	F	0.03%
GPRK	C	0.03%
SOHU	F	0.03%
BZUN	F	0.02%
LX	B	0.02%
CINT	C	0.02%
DOYU	C	0.02%
DSX	F	0.01%
PDSB	F	0.01%
BWMX	F	0.01%
CBAT	F	0.0%

EWX Underweight 65 Positions Relative to AVXC

Symbol	Grade	Weight
TSM	B	-8.36%
INFY	C	-0.9%
HDB	C	-0.78%
VALE	F	-0.68%
KB	B	-0.53%
IBN	C	-0.47%
PBR	D	-0.44%
ITUB	F	-0.41%
SHG	C	-0.37%
ASX	D	-0.32%
BBD	D	-0.3%
BAP	A	-0.3%
UMC	F	-0.27%
ERJ	A	-0.22%
RDY	F	-0.21%
GFI	D	-0.21%
PAC	B	-0.18%
NU	C	-0.18%
SBSW	D	-0.17%
GGB	C	-0.16%
SUZ	B	-0.16%
CIG	C	-0.16%
FMX	F	-0.15%
EBR	F	-0.14%
ASAI	F	-0.13%
SBS	B	-0.13%
TLK	D	-0.13%
LPL	D	-0.12%
SCCO	F	-0.11%
CHT	C	-0.11%
BCH	C	-0.11%
WIT	B	-0.1%
ABEV	F	-0.1%
CX	F	-0.1%
HMY	D	-0.1%
VIV	F	-0.09%
TWI	F	-0.09%
TKC	B	-0.09%
ASR	D	-0.09%
TV	F	-0.08%
CSAN	F	-0.08%
SKM	C	-0.08%
SQM	D	-0.08%
OMAB	D	-0.08%
PKX	D	-0.06%
BRFS	C	-0.06%
XP	F	-0.06%
AKO.A	F	-0.06%
IFS	A	-0.06%
KEP	B	-0.05%
SID	F	-0.05%
VLRS	B	-0.05%
BSBR	F	-0.04%
UGP	F	-0.04%
SSL	F	-0.04%
PHI	D	-0.04%
CIB	B	-0.04%
PAGS	F	-0.04%
CCU	D	-0.04%
BSAC	C	-0.03%
KT	A	-0.03%
EC	D	-0.02%
BAK	F	-0.02%
BVN	D	-0.02%
AZUL	F	-0.0%