NUEM vs. EMXF ETF Comparison

Comparison of NuShares ESG Emerging Markets Equity ETF (NUEM) to iShares ESG Advanced MSCI EM ETF (EMXF)

NUEM

NuShares ESG Emerging Markets Equity ETF

NUEM Description

The investment seeks to track the investment results, before fees and expenses, of the TIAA ESG Emerging Markets Equity Index (the "index"). In seeking to track the investment results of the index, the advisor attempts to replicate the index by investing all, or substantially all, of its assets in the securities represented in the index in approximately the same proportions as the index. The index identifies equity securities from the MSCI Emerging Markets Index that satisfy certain ESG criteria, based on ESG performance data collected by MSCI ESG Research, Inc.

Grade (RS Rating)

Last Trade

$29.59

Average Daily Volume

21,117

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EMXF

iShares ESG Advanced MSCI EM ETF

EMXF Description

The iShares ESG Advanced MSCI EM ETF (the “Fund”) seeks to track the investment results of an index composed of large- and mid-capitalization emerging market companies that have a favorable environmental, social and governance rating while applying extensive screens for company involvement in controversial activities. -- As part of its investment objective this fund seeks to track an index that applies the following business involvement screens: adult entertainment, alcohol, civilian firearms, conventional weapons, controversial weapons, for profit prisons, fossil fuels, gambling, genetically modified organisms (GMOs), nuclear power, nuclear weapons, palm oil, predatory lending and tobacco. The business involvement screens are based on revenue or percentage of revenue thresholds for certain categories and categorical exclusions for others.

Grade (RS Rating)

Last Trade

$37.95

Average Daily Volume

7,423

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NUEM	EMXF
30 Days	5.30%	5.15%
60 Days	5.19%	3.04%
90 Days	9.39%	7.63%
12 Months	5.68%	4.17%

12 Overlapping Holdings

Symbol	Grade	Weight in NUEM	Weight in EMXF	Overlap
BAP	C	0.26%	0.34%	0.26%
BZ	D	0.13%	0.14%	0.13%
CHT	F	0.03%	0.39%	0.03%
HDB	C	1.91%	1.66%	1.66%
KB	B	0.71%	0.71%	0.71%
KT	C	0.08%	0.03%	0.03%
LI	F	0.49%	0.38%	0.38%
SHG	B	0.48%	0.48%	0.48%
SKM	C	0.21%	0.05%	0.05%
UMC	C	0.28%	0.55%	0.28%
VIPS	F	0.21%	0.15%	0.15%
YUMC	F	0.38%	0.36%	0.36%

NUEM Overweight 6 Positions Relative to EMXF

Symbol	Grade	Weight
BABA	C	3.26%
BIDU	D	1.55%
GGB	F	0.7%
CSAN	D	0.19%
ZTO	F	0.1%
LPL	C	0.01%

NUEM Underweight 7 Positions Relative to EMXF

Symbol	Grade	Weight
BEKE	D	-0.3%
WIT	B	-0.26%
BGNE	F	-0.23%
HTHT	F	-0.19%
XPEV	D	-0.14%
BILI	C	-0.12%
MNSO	F	-0.05%