GXC vs. DFEM ETF Comparison

Comparison of SPDR S&P China ETF (GXC) to Dimensional Emerging Markets Core Equity 2 ETF (DFEM)

GXC

SPDR S&P China ETF

GXC 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 China BMI Index. It generally invests substantially all, but 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 China available to foreign investors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$77.56

Average Daily Volume

88,499

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFEM

Dimensional Emerging Markets Core Equity 2 ETF

DFEM Description

The Portfolio is designed to purchase a broad and diverse group of securities associated with emerging markets, which may include frontier markets (emerging market countries in an earlier stage of development). As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in emerging markets equity investments that are defined in the prospectus as Approved Market securities.

Grade (RS Rating)

Last Trade

$26.58

Average Daily Volume

594,183

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	GXC	DFEM
30 Days	-4.27%	-3.87%
60 Days	14.13%	-1.41%
90 Days	13.77%	-1.52%
12 Months	12.06%	12.95%

23 Overlapping Holdings

Symbol	Grade	Weight in GXC	Weight in DFEM	Overlap
BABA	D	6.52%	1.24%	1.24%
BABA	D	6.52%	0.02%	0.02%
BGNE	D	0.44%	0.01%	0.01%
BGNE	D	0.44%	0.01%	0.01%
BIDU	F	0.88%	0.14%	0.14%
BIDU	F	0.88%	0.02%	0.02%
BILI	D	0.17%	0.09%	0.09%
GDS	C	0.11%	0.1%	0.1%
IQ	F	0.04%	0.02%	0.02%
JKS	F	0.03%	0.03%	0.03%
LI	F	0.5%	0.07%	0.07%
LI	F	0.5%	0.0%	0.0%
NIO	F	0.01%	0.01%	0.01%
NIO	F	0.28%	0.01%	0.01%
PDD	F	2.99%	0.46%	0.46%
TCOM	B	1.22%	0.01%	0.01%
TCOM	B	1.22%	0.19%	0.19%
TME	D	0.27%	0.05%	0.05%
VIPS	F	0.15%	0.14%	0.14%
VNET	B	0.02%	0.0%	0.0%
XPEV	C	0.3%	0.13%	0.13%
YUMC	C	0.72%	0.2%	0.2%
ZTO	F	0.33%	0.0%	0.0%

GXC Overweight 37 Positions Relative to DFEM

Symbol	Grade	Weight
BEKE	D	0.49%
YMM	C	0.21%
BZ	F	0.17%
TAL	F	0.17%
QFIN	A	0.15%
LEGN	D	0.11%
ATHM	C	0.07%
YY	B	0.07%
MNSO	D	0.07%
RLX	C	0.05%
MOMO	D	0.04%
DQ	F	0.04%
LX	B	0.03%
NOAH	D	0.03%
BLTE	B	0.03%
EH	D	0.03%
JEWL	D	0.03%
RERE	C	0.02%
FINV	B	0.02%
SOHU	F	0.02%
DDL	C	0.02%
BTBT	C	0.02%
WB	D	0.02%
DOYU	C	0.01%
DADA	F	0.01%
NIU	F	0.01%
CBAT	F	0.01%
ZK	D	0.01%
TUYA	D	0.01%
API	B	0.01%
CAN	C	0.01%
GOTU	F	0.01%
ATAT	C	0.01%
QD	B	0.01%
TIGR	D	0.01%
HUYA	F	0.01%
FNGR	F	0.0%

GXC Underweight 78 Positions Relative to DFEM

Symbol	Grade	Weight
IBN	C	-0.62%
KB	B	-0.38%
INFY	C	-0.32%
VALE	F	-0.31%
HDB	C	-0.25%
HDB	C	-0.24%
SHG	C	-0.19%
IBN	C	-0.15%
ERJ	A	-0.14%
ERJ	A	-0.14%
UMC	F	-0.14%
GFI	D	-0.13%
RDY	F	-0.11%
CX	F	-0.09%
PAC	B	-0.08%
SBSW	D	-0.07%
HMY	D	-0.07%
GGB	C	-0.07%
WIT	B	-0.06%
ASR	D	-0.05%
LPL	D	-0.05%
CAR	C	-0.05%
SHG	C	-0.05%
BAP	A	-0.05%
BRFS	C	-0.05%
NTES	D	-0.04%
UMC	F	-0.04%
SGRP	D	-0.03%
PBR	D	-0.03%
ABEV	F	-0.03%
VIST	B	-0.03%
BCH	C	-0.03%
CHT	C	-0.03%
BBD	D	-0.02%
SKM	C	-0.02%
KEP	B	-0.02%
SKM	C	-0.02%
PKX	D	-0.02%
CHT	C	-0.02%
SQM	D	-0.02%
CIB	B	-0.02%
ASAI	F	-0.02%
OMAB	D	-0.02%
FMX	F	-0.02%
KOF	F	-0.02%
CIG	C	-0.01%
PHI	D	-0.01%
ITUB	F	-0.01%
SHPH	F	-0.01%
ASX	D	-0.01%
BSAC	C	-0.01%
AKO.A	F	-0.01%
IMOS	F	-0.01%
WF	C	-0.01%
WIT	B	-0.01%
VIV	F	-0.01%
GGB	C	-0.01%
KEP	B	-0.01%
SBS	B	-0.01%
ASAI	F	-0.01%
KB	B	-0.01%
ENIC	B	-0.0%
BAOS	F	-0.0%
LPL	D	-0.0%
LGHT	D	-0.0%
ELP	F	-0.0%
SLDB	F	-0.0%
BCH	C	-0.0%
MGNX	F	-0.0%
UGP	F	-0.0%
PDSB	F	-0.0%
CCU	D	-0.0%
SUZ	B	-0.0%
BZUN	F	-0.0%
BAK	F	-0.0%
CSAN	F	-0.0%
EBR	F	-0.0%
ZLAB	C	-0.0%