QEMM vs. NUEM ETF Comparison

Comparison of SPDR MSCI Emerging Markets Quality Mix ETF (QEMM) to NuShares ESG Emerging Markets Equity ETF (NUEM)

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

$63.27

Average Daily Volume

2,310

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$31.24

Average Daily Volume

22,069

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QEMM	NUEM
30 Days	5.08%	7.39%
60 Days	9.07%	11.73%
90 Days	6.63%	7.02%
12 Months	23.50%	20.15%

18 Overlapping Holdings

Symbol	Grade	Weight in QEMM	Weight in NUEM	Overlap
ATHM	A	0.01%	0.25%	0.01%
BAP	B	0.22%	0.23%	0.22%
BEKE	A	0.02%	0.06%	0.02%
BGNE	B	0.01%	0.18%	0.01%
CHT	C	0.49%	0.02%	0.02%
GGB	C	0.05%	0.57%	0.05%
HDB	C	0.25%	2.03%	0.25%
KB	D	0.08%	0.99%	0.08%
KB	D	0.2%	0.99%	0.2%
LI	C	0.02%	0.2%	0.02%
LPL	D	0.03%	0.3%	0.03%
LPL	D	0.02%	0.3%	0.02%
SHG	D	0.25%	0.38%	0.25%
SHG	D	0.03%	0.38%	0.03%
SKM	C	0.18%	0.28%	0.18%
TME	D	0.02%	0.56%	0.02%
UMC	D	0.11%	1.42%	0.11%
VIPS	C	0.18%	0.33%	0.18%

QEMM Overweight 42 Positions Relative to NUEM

Symbol	Grade	Weight
PDD	D	1.42%
VALE	C	1.31%
INFY	C	1.07%
BABA	A	0.74%
SCCO	B	0.29%
ABEV	C	0.29%
WIT	B	0.23%
RDY	D	0.18%
PBR	D	0.16%
ITUB	C	0.16%
IBN	C	0.15%
IBN	C	0.14%
BVN	D	0.11%
PKX	D	0.11%
BIDU	C	0.1%
QFIN	B	0.1%
YUMC	C	0.08%
KEP	C	0.08%
KT	C	0.07%
LEGN	F	0.06%
TCOM	B	0.05%
KEP	C	0.05%
SBSW	D	0.04%
BABA	A	0.04%
VALE	C	0.04%
SBS	D	0.03%
CSAN	D	0.03%
SUZ	D	0.03%
ASAI	F	0.02%
ABEV	C	0.02%
SID	D	0.02%
UGP	F	0.02%
SQM	D	0.01%
XPEV	C	0.01%
BSAC	C	0.01%
CIG	B	0.01%
CIB	F	0.01%
VIV	B	0.01%
BCH	B	0.01%
ENIC	D	0.0%
NIO	C	0.0%
IQ	D	0.0%

QEMM Underweight 2 Positions Relative to NUEM

	Symbol	Grade	Weight
	BZ	C	-0.46%
	ERJ	C	-0.13%