MEM vs. QLVE ETF Comparison

Comparison of Matthews Emerging Markets Equity Active ETF (MEM) to FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE)

MEM

Matthews Emerging Markets Equity Active ETF

MEM Description

The investment seeks long-term capital appreciation. 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 emerging market countries. It seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

Grade (RS Rating)

Last Trade

$31.72

Average Daily Volume

6,628

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QLVE

FlexShares Emerging Markets Quality Low Volatility Index Fund

QLVE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Emerging Markets Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in emerging market countries. Under normal circumstances, the fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.76

Average Daily Volume

1,001

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MEM	QLVE
30 Days	-4.55%	-5.08%
60 Days	1.86%	-1.36%
90 Days	3.72%	-0.17%
12 Months	18.00%	15.63%

6 Overlapping Holdings

Symbol	Grade	Weight in MEM	Weight in QLVE	Overlap
BABA	D	1.97%	2.53%	1.97%
BAP	A	1.56%	1.02%	1.02%
HDB	C	4.03%	0.45%	0.45%
IBN	C	3.6%	0.68%	0.68%
SKM	D	0.8%	0.77%	0.77%
TCOM	B	0.96%	0.02%	0.02%

MEM Overweight 12 Positions Relative to QLVE

Symbol	Grade	Weight
TSM	B	1.96%
MELI	D	1.89%
YUMC	B	1.65%
FCX	F	1.38%
GRAB	A	1.18%
INFY	D	1.02%
ITUB	D	1.0%
NU	C	1.0%
KB	B	0.99%
PBR	C	0.55%
BEKE	C	0.45%
JD	D	0.45%

MEM Underweight 7 Positions Relative to QLVE

Symbol	Grade	Weight
CHT	C	-0.94%
PDD	F	-0.71%
KT	C	-0.52%
NTES	C	-0.45%
VALE	F	-0.17%
UMC	F	-0.16%
BIDU	F	-0.04%