QEMM vs. DFEV ETF Comparison

Comparison of SPDR MSCI Emerging Markets Quality Mix ETF (QEMM) to Dimensional Emerging Markets Value ETF (DFEV)

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

$59.62

Average Daily Volume

1,910

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFEV

Dimensional Emerging Markets Value ETF

DFEV Description

The Portfolio is designed to purchase emerging market equity securities that are deemed by the Advisor to be value stocks at the time of purchase, which may include frontier markets (emerging market countries in an earlier stage of development). As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in emerging markets investments that are defined in the Prospectus as Approved Markets securities. The Portfolio may purchase emerging market equity securities across all market capitalizations.

Grade (RS Rating)

Last Trade

$26.88

Average Daily Volume

100,424

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QEMM	DFEV
30 Days	-2.80%	-3.17%
60 Days	-2.21%	-1.93%
90 Days	-1.79%	-2.06%
12 Months	11.44%	14.78%

41 Overlapping Holdings

Symbol	Grade	Weight in QEMM	Weight in DFEV	Overlap
BABA	D	0.04%	1.73%	0.04%
BABA	D	0.69%	0.24%	0.24%
BABA	D	0.69%	1.73%	0.69%
BABA	D	0.04%	0.24%	0.04%
BIDU	F	0.09%	0.07%	0.07%
BIDU	F	0.09%	0.5%	0.09%
CSAN	F	0.02%	0.06%	0.02%
GGB	C	0.05%	0.05%	0.05%
GGB	C	0.05%	0.08%	0.05%
HDB	C	0.25%	0.81%	0.25%
HDB	C	0.25%	0.08%	0.08%
IBN	C	0.14%	0.01%	0.01%
IBN	C	0.15%	0.01%	0.01%
IQ	F	0.0%	0.03%	0.0%
KB	B	0.21%	0.81%	0.21%
KB	B	0.21%	0.01%	0.01%
KB	B	0.09%	0.81%	0.09%
KB	B	0.09%	0.01%	0.01%
LPL	F	0.02%	0.01%	0.01%
LPL	F	0.01%	0.08%	0.01%
LPL	F	0.01%	0.01%	0.01%
LPL	F	0.02%	0.08%	0.02%
PBR	C	0.16%	0.05%	0.05%
PKX	F	0.08%	0.02%	0.02%
RDY	F	0.17%	0.17%	0.17%
SBSW	D	0.04%	0.1%	0.04%
SHG	D	0.03%	0.52%	0.03%
SHG	D	0.03%	0.02%	0.02%
SHG	D	0.22%	0.52%	0.22%
SHG	D	0.22%	0.02%	0.02%
SUZ	C	0.03%	0.0%	0.0%
TCOM	B	0.06%	0.55%	0.06%
TME	D	0.02%	0.06%	0.02%
UMC	F	0.1%	0.12%	0.1%
UMC	F	0.1%	0.49%	0.1%
VALE	F	0.03%	0.63%	0.03%
VALE	F	1.15%	0.63%	0.63%
VIPS	F	0.17%	0.1%	0.1%
WIT	A	0.25%	0.11%	0.11%
WIT	A	0.25%	0.27%	0.25%
XPEV	C	0.01%	0.0%	0.0%

QEMM Overweight 31 Positions Relative to DFEV

Symbol	Grade	Weight
PDD	F	1.32%
INFY	B	1.07%
CHT	D	0.49%
ABEV	F	0.28%
BAP	B	0.25%
SCCO	F	0.25%
SKM	D	0.18%
ITUB	F	0.15%
QFIN	B	0.12%
BVN	F	0.1%
KEP	B	0.09%
YUMC	C	0.09%
KEP	B	0.06%
LEGN	F	0.05%
SBS	B	0.03%
SID	F	0.02%
BEKE	D	0.02%
LI	F	0.02%
ABEV	F	0.02%
ASAI	F	0.02%
UGP	F	0.02%
ATHM	D	0.01%
SQM	F	0.01%
BGNE	D	0.01%
BSAC	F	0.01%
CIG	C	0.01%
BCH	F	0.01%
VIV	F	0.01%
CIB	B	0.01%
NIO	F	0.0%
ENIC	D	0.0%

QEMM Underweight 19 Positions Relative to DFEV

Symbol	Grade	Weight
CX	D	-0.22%
ERJ	B	-0.17%
HMY	D	-0.1%
BRFS	D	-0.09%
BBD	D	-0.07%
ERJ	B	-0.05%
FMX	F	-0.05%
JKS	F	-0.03%
GDS	C	-0.03%
IMOS	F	-0.02%
ASX	D	-0.02%
WF	C	-0.02%
BAOS	F	-0.01%
SHPH	F	-0.01%
BSBR	F	-0.0%
DRD	D	-0.0%
IMOS	F	-0.0%
VNET	B	-0.0%
VIST	A	-0.0%