MFEM vs. FNDE ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) to Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE)

MFEM

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

MFEM Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$19.65

Average Daily Volume

11,427

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNDE

Schwab Fundamental Emerging Markets Large Company Index ETF

FNDE Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Emerging Markets Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 80% of its net assets in stocks included in the index, including depositary receipts representing securities of the index. It may invest up to 20% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$30.60

Average Daily Volume

631,137

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MFEM	FNDE
30 Days	-2.92%	-3.77%
60 Days	-0.81%	0.36%
90 Days	-1.06%	0.79%
12 Months	12.05%	18.92%

9 Overlapping Holdings

Symbol	Grade	Weight in MFEM	Weight in FNDE	Overlap
BCH	F	0.16%	0.1%	0.1%
CHT	D	0.4%	0.28%	0.28%
GGB	C	0.15%	0.3%	0.15%
PDD	F	0.23%	0.08%	0.08%
SBSW	D	0.11%	0.27%	0.11%
VALE	F	0.54%	1.8%	0.54%
VIPS	F	0.22%	0.26%	0.22%
YUMC	C	0.1%	0.33%	0.1%
ZTO	F	0.04%	0.06%	0.04%

MFEM Overweight 14 Positions Relative to FNDE

Symbol	Grade	Weight
SHG	D	0.68%
TME	D	0.49%
KB	B	0.45%
KEP	B	0.34%
KT	A	0.34%
SKM	D	0.27%
LPL	F	0.14%
BRFS	D	0.13%
SGRP	D	0.1%
FN	D	0.08%
CAR	C	0.05%
SBLK	F	0.05%
SIMO	D	0.04%
AKO.A	F	0.03%

MFEM Underweight 10 Positions Relative to FNDE

Symbol	Grade	Weight
BABA	D	-2.79%
JD	D	-0.76%
HDB	C	-0.44%
BIDU	F	-0.37%
UMC	F	-0.35%
IBN	C	-0.33%
ABEV	F	-0.22%
WIT	A	-0.14%
BEKE	D	-0.07%
EC	D	-0.05%