NSI vs. FRDM ETF Comparison

Comparison of National Security Emerging Markets Index ETF (NSI) to Freedom 100 Emerging Markets ETF (FRDM)

NSI

National Security Emerging Markets Index ETF

NSI Description

The fund invests at least 80% of its total assets in component securities of the index. The index consists of stocks listed on globally recognized stock exchanges that excludes companies benefiting end-users that, in the view of the sponsor of the fund, National Security Index, LLC (the "Sponsor") pose a threat to the national security interests of the United States.

Grade (RS Rating)

Last Trade

$27.56

Average Daily Volume

884

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FRDM

Freedom 100 Emerging Markets ETF

FRDM Description

The investment seeks to track the total return performance, before fees and expenses, of the Freedom 100 Emerging Markets Index (the index). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index is designed to track the performance of a portfolio of approximately 100 equity securities listed in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.84

Average Daily Volume

109,017

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NSI	FRDM
30 Days	-4.99%	-1.67%
60 Days	2.75%	-1.74%
90 Days	7.63%	4.47%
12 Months		21.90%

15 Overlapping Holdings

Symbol	Grade	Weight in NSI	Weight in FRDM	Overlap
ASR	F	0.43%	0.07%	0.07%
BBD	F	0.33%	0.12%	0.12%
BCH	D	0.4%	2.73%	0.4%
BSBR	F	0.1%	0.58%	0.1%
CHT	D	1.98%	1.01%	1.01%
CX	F	0.28%	0.14%	0.14%
FMX	F	0.87%	0.31%	0.31%
GFI	B	0.42%	0.81%	0.42%
ITUB	F	0.65%	0.9%	0.65%
PKX	F	1.47%	0.86%	0.86%
SQM	D	0.5%	3.13%	0.5%
SSL	F	0.68%	0.2%	0.2%
TSM	B	12.07%	11.96%	11.96%
UMC	F	1.96%	1.1%	1.1%
VALE	F	1.03%	1.47%	1.03%

NSI Overweight 73 Positions Relative to FRDM

Symbol	Grade	Weight
PDD	C	4.55%
HDB	B	3.48%
IBN	A	2.1%
ASX	C	2.09%
MELI	A	1.76%
NTES	F	1.33%
KB	B	1.26%
SHG	D	1.22%
INFY	D	1.18%
PBR	F	1.14%
KT	A	1.11%
WF	D	1.11%
NU	C	0.98%
TCOM	A	0.98%
RDY	D	0.88%
LPL	F	0.85%
ZTO	C	0.76%
SKM	D	0.75%
KEP	A	0.72%
ABEV	F	0.7%
LI	C	0.7%
PHI	F	0.67%
BEKE	A	0.65%
BGNE	C	0.59%
CPNG	B	0.57%
TKC	F	0.55%
HTHT	B	0.54%
VIPS	F	0.53%
YMM	B	0.51%
KOF	F	0.51%
QFIN	B	0.47%
PAC	D	0.44%
TLK	F	0.4%
ENIC	C	0.39%
XPEV	B	0.39%
WIT	B	0.39%
BILI	A	0.36%
XP	F	0.36%
NIO	D	0.36%
CIB	D	0.33%
OMAB	F	0.33%
HCM	C	0.32%
TAL	B	0.32%
YUMC	A	0.31%
BZ	C	0.26%
IQ	C	0.25%
HMY	B	0.25%
SBSW	B	0.24%
BSAC	D	0.24%
BAP	B	0.23%
VIST	B	0.22%
ATHM	D	0.22%
GGB	F	0.21%
TGLS	B	0.21%
FN	B	0.21%
STNE	F	0.17%
EBR	F	0.17%
EC	F	0.17%
SUZ	C	0.17%
ASAI	F	0.17%
MMYT	A	0.15%
ERJ	C	0.15%
VIV	F	0.14%
BVN	D	0.14%
PAGS	F	0.14%
CIG	D	0.11%
BAK	F	0.1%
UGP	F	0.1%
SBS	F	0.1%
CSAN	F	0.1%
ELP	F	0.1%
BRFS	C	0.1%
CRDO	A	0.1%

NSI Underweight 1 Positions Relative to FRDM

	Symbol	Grade	Weight
	CCU	D	-0.37%

NSI: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Telecom Services Banks - Regional - Asia Internet Content & Information Airports & Air Services Auto Manufacturers Gold Oil & Gas Integrated Semiconductors Specialty Retail Utilities - Regulated Electric Beverages - Brewers Building Materials Chemicals Consumer Electronics Industrial Metals & Minerals Information Technology Services Leisure Oil & Gas Refining & Marketing Software - Application