RATE vs. AADR ETF Comparison

Comparison of Global X Interest Rate Hedge ETF (RATE) to WCM BNY Mellon Focused Growth ADR ETF (AADR)

RATE

Global X Interest Rate Hedge ETF

RATE Description

The fund is an actively managed exchange traded fund that seeks to achieve its investment objective primarily by investing in (1) long put options position(s) on exchange traded funds that primarily invest in U.S. Treasuries and/or long put options position(s) on U.S. Treasury futures, and/or (2) long interest rate payer swap options ("swaptions"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$17.97

Average Daily Volume

1,977

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AADR

WCM BNY Mellon Focused Growth ADR ETF

AADR Description

The investment seeks long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index, the fund's primary benchmark, and the MSCI EAFE Index, the fund's secondary benchmark. The sub-advisor seeks to achieve the fund's investment objective by selecting primarily a portfolio of U.S.-traded securities of non-U.S. organizations, most often American Depositary Receipts ("ADRs"), included in the BNY Mellon Classic ADR Index. The fund's investment focus follows the Sub-Advisor's core philosophy of investing in industry-leading non-U.S. organizations led by visionary management teams with sound business strategies.

Grade (RS Rating)

Last Trade

$57.56

Average Daily Volume

849

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RATE	AADR
30 Days	-10.37%	-7.50%
60 Days	-12.62%	-9.85%
90 Days	-14.45%	-7.52%
12 Months	-7.35%	13.65%

0 Overlapping Holdings

	Symbol	Grade	Weight in RATE	Weight in AADR	Overlap

RATE Overweight 1 Positions Relative to AADR

	Symbol	Grade	Weight
	CLIP	A	87.47%

RATE Underweight 26 Positions Relative to AADR

Symbol	Grade	Weight
NVO	D	-6.19%
YPF	F	-4.39%
ABBV	A	-3.9%
MUFG	C	-3.72%
ERJ	C	-3.57%
BBVA	D	-3.28%
BMA	D	-3.22%
RELX	A	-3.13%
SAP	B	-3.1%
GGAL	D	-2.97%
PAM	D	-2.69%
HMY	B	-2.69%
SMFG	C	-2.68%
ING	C	-2.66%
ASX	F	-2.66%
BCS	C	-2.64%
TME	D	-2.62%
MELI	A	-2.59%
TEN	F	-2.49%
JMIA	B	-2.49%
NMR	D	-2.37%
NXPI	D	-2.37%
KOF	C	-2.34%
LOGI	D	-2.3%
BVN	D	-2.26%
QFIN	D	-2.16%

RATE: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund Mortgage Backed Security Securitization U.S. Treasury Wagering