GMF vs. VEU ETF Comparison

Comparison of SPDR S&P Emerging Asia Pacific ETF (GMF) to Vanguard FTSE All World Ex US ETF (VEU)

GMF

SPDR S&P Emerging Asia Pacific ETF

GMF Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P Asia Pacific Emerging BMI Index. It generally invests at least 80% of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging Asian Pacific markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$116.67

Average Daily Volume

19,583

Number of Holdings ^*

54

* may have additional holdings in another (foreign) market

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$59.19

Average Daily Volume

2,076,190

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

Performance

Period	GMF	VEU
30 Days	-4.50%	-2.58%
60 Days	0.55%	-4.08%
90 Days	3.00%	-3.78%
12 Months	19.78%	12.95%

36 Overlapping Holdings

	Symbol	Grade	Weight in GMF	Weight in VEU	Overlap
	ATHM	D	0.03%	0.0%	0.0%
	ATHM	D	0.03%	0.01%	0.01%
	BABA	D	2.29%	0.72%	0.72%
	BEKE	D	0.16%	0.05%	0.05%
	BGNE	D	0.16%	0.04%	0.04%
	BIDU	F	0.35%	0.09%	0.09%
	BILI	D	0.07%	0.02%	0.02%
	BZ	F	0.04%	0.02%	0.02%
	CHT	D	0.19%	0.03%	0.03%
	CHT	D	0.19%	0.02%	0.02%
	DQ	F	0.01%	0.0%	0.0%
	GDS	C	0.02%	0.01%	0.01%
	HDB	C	1.59%	0.4%	0.4%
	IBN	C	0.0%	0.21%	0.0%
	IBN	C	1.22%	0.21%	0.21%
	INFY	B	1.08%	0.12%	0.12%
	IQ	F	0.01%	0.0%	0.0%
	LI	F	0.18%	0.05%	0.05%
	NIO	F	0.09%	0.02%	0.02%
	PDD	F	1.1%	0.3%	0.3%
	QFIN	B	0.03%	0.01%	0.01%
	RLX	C	0.02%	0.0%	0.0%
	TAL	F	0.07%	0.02%	0.02%
	TCOM	B	0.44%	0.12%	0.12%
	TME	D	0.04%	0.03%	0.03%
	TSM	B	9.03%	0.01%	0.01%
	UMC	F	0.32%	0.03%	0.03%
	UMC	F	0.32%	0.03%	0.03%
	VIPS	F	0.08%	0.02%	0.02%
	WB	D	0.01%	0.0%	0.0%
	WIT	A	0.32%	0.01%	0.01%
	WIT	A	0.32%	0.02%	0.02%
	XPEV	C	0.1%	0.03%	0.03%
	YMM	C	0.06%	0.02%	0.02%
	YUMC	C	0.31%	0.06%	0.06%
	YY	C	0.03%	0.0%	0.0%

GMF Overweight 22 Positions Relative to VEU

	Symbol	Grade	Weight
	MMYT	B	0.21%
	ZTO	F	0.17%
	LEGN	F	0.05%
	SIMO	D	0.04%
	TIGR	D	0.02%
	MOMO	D	0.02%
	HIMX	F	0.02%
	MNSO	F	0.02%
	NOAH	D	0.01%
	QD	C	0.01%
	VNET	B	0.01%
	BTBT	C	0.01%
	JKS	F	0.01%
	SOHU	F	0.01%
	DADA	F	0.0%
	NIU	F	0.0%
	API	C	0.0%
	CAN	C	0.0%
	TUYA	F	0.0%
	HUYA	F	0.0%
	LX	C	0.0%
	GOTU	F	0.0%

GMF Underweight 71 Positions Relative to VEU

	Symbol	Grade	Weight
	NVS	D	-0.77%
	TM	D	-0.71%
	HSBH	B	-0.59%
	UL	D	-0.52%
	MUFG	B	-0.41%
	SONY	B	-0.37%
	TD	F	-0.34%
	SHOP	B	-0.33%
	ABBV	D	-0.31%
	SMFG	B	-0.27%
	DEO	F	-0.24%
	CNI	D	-0.21%
	MFG	B	-0.18%
	HMC	F	-0.17%
	BCS	C	-0.16%
	WCN	A	-0.16%
	LYG	F	-0.15%
	FLUT	A	-0.14%
	VALE	F	-0.12%
	E	F	-0.12%
	GOLD	D	-0.11%
	STLA	F	-0.1%
	SW	A	-0.09%
	ITUB	F	-0.06%
	NMR	B	-0.05%
	XRX	F	-0.05%
	KB	B	-0.04%
	SHG	D	-0.04%
	KB	B	-0.04%
	LOGI	D	-0.04%
	BBD	D	-0.03%
	VALE	F	-0.03%
	QGEN	D	-0.03%
	PKX	F	-0.03%
	MBAVU	D	-0.02%
	AEI	D	-0.02%
	BCH	F	-0.02%
	AGCO	D	-0.02%
	ABEV	F	-0.02%
	ERJ	B	-0.02%
	ASAI	F	-0.02%
	SHG	D	-0.02%
	PBR	C	-0.02%
	GGB	C	-0.01%
	SQM	F	-0.01%
	BSAC	F	-0.01%
	LPL	F	-0.01%
	GGB	C	-0.01%
	RDY	F	-0.01%
	CSAN	F	-0.01%
	KEP	B	-0.01%
	BRFS	D	-0.01%
	SBSW	D	-0.01%
	CIB	B	-0.01%
	ABEV	F	-0.01%
	CX	D	-0.01%
	JEWL	F	-0.0%
	BAK	F	-0.0%
	ASAI	F	-0.0%
	ENIC	D	-0.0%
	ELP	F	-0.0%
	SID	F	-0.0%
	TS	B	-0.0%
	TAK	F	-0.0%
	EC	D	-0.0%
	MNTX	C	-0.0%
	VIV	F	-0.0%
	CIG	C	-0.0%
	PIXY	F	-0.0%
	AKO.A	F	-0.0%
	KEP	B	-0.0%

GMF: Top Represented Industries & Keywords

Industries: Internet Content & Information Auto Manufacturers Credit Services Semiconductors Specialty Retail Information Technology Services Banks - Regional - Asia Biotechnology Education & Training Services Leisure Software - Application Asset Management Capital Markets Computer Hardware Data Storage Integrated Shipping & Logistics Internet Retail Media - Diversified Real Estate Services Restaurants

Keywords: Cloud Computing Games Computing Online Game Artificial Intelligence Banking Big Data Concurrent Computing Mobile Devices Transport Advertising Services Bank Cloud Storage Consumer Finance Electric Vehicle Fabless Semiconductor Companies Internet In China Mobile Services Nasdaq 100 Semiconductor

VEU: Top Represented Industries & Keywords

Industries: Internet Content & Information Auto Manufacturers Banks - Regional - Asia Banks - Regional - Latin America Banks - Global Information Technology Services Oil & Gas Integrated Specialty Retail Steel Chemicals Consumer Electronics Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Gold Semiconductors Software - Application Telecom Services Utilities - Diversified Utilities - Regulated Electric Aerospace & Defense

Keywords: Bank Banking Investment Banking Financial Products Investment Banking Services Currency Investment Product Cash Management Commercial Banking Natural Gas Telecommunications Transport Cars Electricity Factoring Financial Advisory Services Insurance Products Investment Bank Project Finance Securitization