GXC vs. GEM ETF Comparison

Comparison of SPDR S&P China ETF (GXC) to Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)

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

$75.41

Average Daily Volume

88,499

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$33.15

Average Daily Volume

67,722

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GXC	GEM
30 Days	-4.27%	-4.28%
60 Days	14.13%	-0.55%
90 Days	13.77%	-1.04%
12 Months	12.06%	12.25%

15 Overlapping Holdings

Symbol	Grade	Weight in GXC	Weight in GEM	Overlap
ATHM	C	0.07%	0.07%	0.07%
BABA	D	6.52%	1.93%	1.93%
BEKE	D	0.49%	0.05%	0.05%
BGNE	D	0.44%	0.11%	0.11%
BIDU	F	0.88%	0.15%	0.15%
BZ	F	0.17%	0.03%	0.03%
IQ	F	0.04%	0.03%	0.03%
LI	F	0.5%	0.06%	0.06%
PDD	F	2.99%	0.75%	0.75%
QFIN	A	0.15%	0.2%	0.15%
TAL	F	0.17%	0.06%	0.06%
TCOM	B	1.22%	0.18%	0.18%
TME	D	0.27%	0.1%	0.1%
VIPS	F	0.15%	0.2%	0.15%
YUMC	C	0.72%	0.24%	0.24%

GXC Overweight 40 Positions Relative to GEM

Symbol	Grade	Weight
ZTO	F	0.33%
XPEV	C	0.3%
NIO	F	0.28%
YMM	C	0.21%
BILI	D	0.17%
GDS	C	0.11%
LEGN	D	0.11%
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%
JKS	F	0.03%
EH	D	0.03%
JEWL	D	0.03%
RERE	C	0.02%
FINV	B	0.02%
SOHU	F	0.02%
VNET	B	0.02%
DDL	C	0.02%
BTBT	C	0.02%
WB	D	0.02%
DOYU	C	0.01%
DADA	F	0.01%
NIO	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 25 Positions Relative to GEM

Symbol	Grade	Weight
IBN	C	-0.8%
HDB	C	-0.46%
VALE	F	-0.41%
KB	B	-0.27%
SKM	C	-0.22%
WIT	B	-0.21%
SHG	C	-0.2%
UMC	F	-0.18%
NU	C	-0.14%
BCH	C	-0.09%
SCCO	F	-0.09%
KT	A	-0.09%
GGB	C	-0.09%
BAP	A	-0.08%
ABEV	F	-0.07%
CHT	C	-0.06%
ERJ	A	-0.05%
XP	F	-0.05%
LPL	D	-0.04%
BRFS	C	-0.04%
KEP	B	-0.04%
ASAI	F	-0.04%
CSAN	F	-0.04%
BVN	D	-0.03%
PAGS	F	-0.03%