SCHE vs. CWI ETF Comparison

Comparison of Schwab Emerging Markets Equity ETF (SCHE) to SPDR MSCI ACWI ex-US ETF (CWI)

SCHE

Schwab Emerging Markets Equity ETF

SCHE Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the FTSE Emerging Index. The fund invests at least 90% of net assets in stocks that are included in the index. The index is comprised of large and mid capitalization companies in emerging market countries, as defined by the index provider. It will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry, group of industries or sector to approximately the same extent that its index is so concentrated. The fund may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$27.08

Average Daily Volume

1,052,220

Number of Holdings ^*

44

* may have additional holdings in another (foreign) market

CWI

SPDR MSCI ACWI ex-US ETF

CWI Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the MSCI All Country World Index ex USA. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.29

Average Daily Volume

166,636

Number of Holdings ^*

88

* may have additional holdings in another (foreign) market

Performance

Period	SCHE	CWI
30 Days	-1.46%	-0.29%
60 Days	1.50%	2.20%
90 Days	1.36%	3.30%
12 Months	14.99%	17.28%

33 Overlapping Holdings

	Symbol	Grade	Weight in SCHE	Weight in CWI	Overlap
	ABEV	C	0.13%	0.06%	0.06%
	ATHM	C	0.02%	0.01%	0.01%
	BABA	C	2.41%	0.08%	0.08%
	BABA	C	2.41%	0.54%	0.54%
	BEKE	F	0.11%	0.04%	0.04%
	BGNE	C	0.13%	0.05%	0.05%
	BIDU	F	0.31%	0.09%	0.09%
	BILI	D	0.06%	0.02%	0.02%
	BRFS	C	0.04%	0.02%	0.02%
	BZ	F	0.05%	0.01%	0.01%
	CHT	A	0.2%	0.11%	0.11%
	CIB	F	0.01%	0.05%	0.01%
	CSAN	F	0.04%	0.03%	0.03%
	GGB	C	0.06%	0.02%	0.02%
	HDB	C	1.49%	0.24%	0.24%
	IBN	A	0.63%	0.27%	0.27%
	IQ	F	0.01%	0.0%	0.0%
	LI	D	0.14%	0.04%	0.04%
	NIO	D	0.1%	0.03%	0.03%
	PDD	F	0.92%	0.24%	0.24%
	QFIN	B	0.04%	0.01%	0.01%
	SBSW	F	0.03%	0.01%	0.01%
	TAL	F	0.04%	0.02%	0.02%
	TCOM	C	0.33%	0.09%	0.09%
	TME	F	0.08%	0.03%	0.03%
	UMC	C	0.27%	0.12%	0.12%
	VALE	D	0.53%	0.13%	0.13%
	VALE	D	0.53%	0.01%	0.01%
	VIPS	F	0.06%	0.03%	0.03%
	WIT	C	0.12%	0.03%	0.03%
	XPEV	D	0.08%	0.01%	0.01%
	XPEV	D	0.08%	0.01%	0.01%
	YUMC	D	0.17%	0.05%	0.05%

SCHE Overweight 14 Positions Relative to CWI

	Symbol	Grade	Weight
	ASAI	F	0.1%
	ERJ	C	0.09%
	BCH	C	0.07%
	YMM	D	0.06%
	AKO.A	C	0.02%
	RLX	F	0.02%
	GDS	C	0.02%
	TWI	D	0.02%
	EC	D	0.02%
	WB	F	0.01%
	DQ	D	0.01%
	YY	C	0.01%
	DADA	F	0.0%
	TUYA	F	0.0%

SCHE Underweight 55 Positions Relative to CWI

	Symbol	Grade	Weight
	TSM	D	-2.74%
	NVS	C	-0.89%
	TM	F	-0.68%
	UL	C	-0.61%
	TD	A	-0.47%
	SONY	D	-0.46%
	MUFG	D	-0.44%
	ABBV	C	-0.43%
	INFY	C	-0.34%
	CNI	D	-0.33%
	SHOP	C	-0.32%
	DEO	C	-0.29%
	SMFG	D	-0.24%
	BCS	B	-0.18%
	HMC	D	-0.18%
	LYG	B	-0.17%
	E	C	-0.16%
	ITUB	B	-0.16%
	MFG	D	-0.13%
	STLA	F	-0.12%
	KB	D	-0.1%
	SE	B	-0.1%
	RDY	D	-0.09%
	SHG	C	-0.09%
	TEVA	C	-0.08%
	PKX	D	-0.08%
	BBD	C	-0.08%
	NMR	F	-0.07%
	CHKP	C	-0.07%
	BAP	A	-0.07%
	OTEX	D	-0.04%
	RBA	C	-0.04%
	MT	D	-0.04%
	CYBR	D	-0.04%
	AGCO	D	-0.04%
	XRX	F	-0.04%
	ENIC	D	-0.04%
	CIG	B	-0.04%
	SQM	F	-0.03%
	MNDY	B	-0.03%
	AER	C	-0.03%
	LOGI	D	-0.03%
	WIX	D	-0.03%
	SID	D	-0.02%
	LEGN	F	-0.02%
	HTHT	F	-0.02%
	GRAB	B	-0.02%
	KEP	C	-0.02%
	PHI	C	-0.02%
	GLBE	C	-0.01%
	FUTU	D	-0.01%
	BVN	D	-0.01%
	MBAVU	C	-0.01%
	QGEN	B	-0.0%
	SCCO	D	-0.0%

SCHE: Top Represented Industries & Keywords

Industries: Internet Content & Information Auto Manufacturers Specialty Retail Banks - Regional - Asia Banks - Regional - Latin America Aerospace & Defense Beverages - Brewers Beverages - Non-Alcoholic Biotechnology Credit Services Data Storage Education & Training Services Farm & Construction Equipment Gold Grocery Stores Industrial Metals & Minerals Information Technology Services Internet Retail Leisure Oil & Gas Integrated

Keywords: Bank Banking Games Investment Banking Transport Advertising Services Cash Management Cloud Computing Currency Electric Vehicle Investment Banking Services Investment Product Nasdaq 100 Online Game Artificial Intelligence Banking Products Beer Broadcasting Cars Computing

CWI: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Banks - Regional - Asia Software - Application Banks - Global Banks - Regional - Latin America Steel Information Technology Services Specialty Retail Biotechnology Capital Markets Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Industrial Metals & Minerals Semiconductors Telecom Services Utilities - Regulated Electric Airports & Air Services Banks - Regional - Europe Beverages - Brewers

Keywords: Banking Bank Investment Banking Financial Products Investment Banking Services Cash Management Investment Bank Investment Product Telecommunications Transport Asset Management Asset Management Services Cars Commercial Banking Currency Insurance Products Mining Pharmaceutical Structured Finance Cash Management Services