QEMM vs. APIE ETF Comparison

Comparison of SPDR MSCI Emerging Markets Quality Mix ETF (QEMM) to Trust for Professional Managers ActivePassive International Equity ETF (APIE)

QEMM

SPDR MSCI Emerging Markets Quality Mix ETF

QEMM Description

The investment seeks to track the performance of the MSCI Emerging Markets (EM) Quality Mix Index. The index captures large- and mid-cap representation across 23 emerging markets countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$59.55

Average Daily Volume

1,920

Number of Holdings ^*

* may have additional holdings in another (foreign) market

APIE

Trust for Professional Managers ActivePassive International Equity ETF

APIE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.

Grade (RS Rating)

Last Trade

$28.80

Average Daily Volume

47,382

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

Performance

Period	QEMM	APIE
30 Days	-3.65%	-4.19%
60 Days	-1.79%	-3.36%
90 Days	-1.91%	-3.32%
12 Months	11.31%	11.90%

51 Overlapping Holdings

Symbol	Grade	Weight in QEMM	Weight in APIE	Overlap
ABEV	F	0.02%	0.12%	0.02%
ABEV	F	0.28%	0.12%	0.12%
ASAI	F	0.02%	0.02%	0.02%
ATHM	C	0.01%	0.03%	0.01%
BABA	D	0.04%	1.19%	0.04%
BABA	D	0.69%	1.19%	0.69%
BCH	C	0.01%	0.06%	0.01%
BEKE	D	0.02%	0.06%	0.02%
BGNE	D	0.01%	0.1%	0.01%
BIDU	F	0.09%	0.05%	0.05%
BVN	D	0.1%	0.01%	0.01%
CHT	C	0.49%	0.08%	0.08%
CIB	B	0.01%	0.07%	0.01%
CIG	C	0.01%	0.08%	0.01%
ENIC	B	0.0%	0.02%	0.0%
GGB	C	0.05%	0.03%	0.03%
HDB	C	0.25%	0.96%	0.25%
IBN	C	0.14%	0.51%	0.14%
IBN	C	0.15%	0.51%	0.15%
INFY	C	1.07%	0.53%	0.53%
IQ	F	0.0%	0.0%	0.0%
ITUB	F	0.15%	0.16%	0.15%
KB	B	0.09%	0.22%	0.09%
KB	B	0.21%	0.22%	0.21%
LEGN	D	0.05%	0.01%	0.01%
LI	F	0.02%	0.08%	0.02%
LPL	D	0.01%	0.02%	0.01%
LPL	D	0.02%	0.02%	0.02%
NIO	F	0.0%	0.03%	0.0%
PBR	D	0.16%	0.17%	0.16%
PDD	F	1.32%	0.5%	0.5%
PKX	D	0.08%	0.09%	0.08%
QFIN	A	0.12%	0.07%	0.07%
RDY	F	0.17%	0.27%	0.17%
SBS	B	0.03%	0.09%	0.03%
SBSW	D	0.04%	0.0%	0.0%
SHG	C	0.03%	0.28%	0.03%
SHG	C	0.22%	0.28%	0.22%
SKM	C	0.18%	0.29%	0.18%
SQM	D	0.01%	0.01%	0.01%
SUZ	B	0.03%	0.02%	0.02%
TCOM	B	0.06%	0.29%	0.06%
TME	D	0.02%	0.04%	0.02%
UGP	F	0.02%	0.02%	0.02%
UMC	F	0.1%	0.13%	0.1%
VALE	F	1.15%	0.23%	0.23%
VALE	F	0.03%	0.23%	0.03%
VIPS	F	0.17%	0.06%	0.06%
VIV	F	0.01%	0.01%	0.01%
WIT	B	0.25%	0.14%	0.14%
XPEV	C	0.01%	0.05%	0.01%

QEMM Overweight 8 Positions Relative to APIE

Symbol	Grade	Weight
BAP	A	0.25%
SCCO	F	0.25%
KEP	B	0.09%
YUMC	C	0.09%
KEP	B	0.06%
SID	F	0.02%
CSAN	F	0.02%
BSAC	C	0.01%

QEMM Underweight 168 Positions Relative to APIE

Symbol	Grade	Weight
TSM	B	-5.96%
SAP	B	-1.98%
RELX	D	-1.54%
NVO	F	-1.45%
NVS	F	-1.33%
UL	D	-1.28%
AZN	F	-1.25%
ASML	F	-1.22%
TM	F	-1.2%
HSBC	A	-1.18%
BTI	B	-0.92%
BCS	A	-0.81%
TAK	D	-0.79%
BHP	F	-0.75%
DEO	F	-0.72%
SNY	F	-0.72%
BP	D	-0.69%
RIO	D	-0.68%
IX	F	-0.66%
GSK	F	-0.66%
BUD	F	-0.65%
TTE	F	-0.6%
SMFG	B	-0.59%
MUFG	B	-0.58%
SAN	D	-0.53%
HMC	F	-0.53%
NGG	D	-0.52%
BBVA	D	-0.49%
ING	F	-0.46%
PHG	C	-0.46%
LYG	D	-0.44%
NWG	A	-0.43%
MFG	A	-0.41%
IHG	A	-0.39%
JD	D	-0.38%
ABBV	F	-0.37%
TEF	C	-0.37%
MT	B	-0.35%
ERIC	C	-0.34%
AON	A	-0.34%
PSO	B	-0.33%
NOK	D	-0.32%
E	F	-0.31%
ACN	B	-0.31%
CHKP	C	-0.31%
VOD	F	-0.3%
NMR	B	-0.3%
HLN	C	-0.29%
SNN	D	-0.26%
RTO	C	-0.26%
LOGI	D	-0.25%
KT	A	-0.25%
JHX	D	-0.21%
GLPG	F	-0.2%
FMS	A	-0.19%
EQNR	C	-0.19%
ASX	D	-0.16%
SE	A	-0.15%
WPP	C	-0.15%
TEVA	C	-0.14%
DOOO	F	-0.13%
ERJ	A	-0.13%
CRTO	D	-0.12%
NTES	D	-0.12%
CUK	A	-0.12%
WF	C	-0.12%
FINV	B	-0.11%
BBD	D	-0.1%
ARGX	B	-0.1%
ZTO	F	-0.1%
NICE	D	-0.08%
GRFS	C	-0.08%
WDS	D	-0.08%
TS	B	-0.08%
SW	A	-0.08%
FUTU	D	-0.08%
GFI	D	-0.07%
CCU	D	-0.06%
NNDM	D	-0.06%
PAC	B	-0.06%
AKO.A	F	-0.06%
KOF	F	-0.06%
ASR	D	-0.06%
HMY	D	-0.06%
YY	B	-0.06%
GGAL	B	-0.05%
ARM	F	-0.05%
MTLS	A	-0.05%
SOHU	F	-0.05%
PAM	A	-0.05%
FMX	F	-0.05%
GOLD	C	-0.05%
CX	F	-0.05%
BNTX	C	-0.05%
GMAB	F	-0.05%
AKO.A	F	-0.05%
HTHT	D	-0.04%
DRD	D	-0.04%
YMM	C	-0.04%
TKC	B	-0.04%
OPRA	B	-0.04%
BWAY	B	-0.04%
STM	F	-0.04%
PHI	D	-0.04%
IMOS	F	-0.04%
IMMP	F	-0.03%
BLTE	B	-0.03%
VLRS	B	-0.03%
TLK	D	-0.03%
CRESY	B	-0.03%
BILI	D	-0.03%
EBR	F	-0.03%
YPF	B	-0.03%
TX	F	-0.03%
OMAB	D	-0.03%
VIST	B	-0.03%
DAVA	C	-0.03%
MREO	F	-0.02%
BMA	C	-0.02%
ELP	F	-0.02%
ZLAB	C	-0.02%
GNFT	F	-0.02%
BZ	F	-0.02%
ATAT	C	-0.02%
SUPV	B	-0.02%
ASND	F	-0.02%
HIMX	F	-0.02%
GDS	C	-0.02%
BRFS	C	-0.02%
XYF	D	-0.02%
MOMO	D	-0.02%
MYTE	B	-0.02%
TAL	F	-0.02%
CANG	B	-0.02%
EDAP	F	-0.01%
JMIA	F	-0.01%
YALA	D	-0.01%
DOYU	C	-0.01%
MNSO	D	-0.01%
BZUN	F	-0.01%
DAO	B	-0.01%
CEPU	B	-0.01%
HUYA	F	-0.01%
CLLS	F	-0.01%
JKS	F	-0.01%
TV	F	-0.01%
GRVY	C	-0.01%
RERE	C	-0.01%
OTLY	F	-0.01%
JFIN	F	-0.01%
TEO	B	-0.01%
IPHA	D	-0.01%
ADAP	F	-0.0%
EVO	C	-0.0%
HCM	D	-0.0%
SSL	F	-0.0%
CNF	F	-0.0%
ORAN	F	-0.0%
HEPS	C	-0.0%
AZUL	F	-0.0%
DADA	F	-0.0%
RLX	C	-0.0%
TOUR	D	-0.0%
SIMO	D	-0.0%
YRD	F	-0.0%
DDL	C	-0.0%
EH	D	-0.0%
KC	B	-0.0%