SCHE vs. GEM ETF Comparison

Comparison of Schwab Emerging Markets Equity ETF (SCHE) to Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)

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

$26.43

Average Daily Volume

1,056,033

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$32.13

Average Daily Volume

102,746

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SCHE	GEM
30 Days	2.36%	1.97%
60 Days	-2.51%	-3.75%
90 Days	1.01%	0.20%
12 Months	12.74%	11.39%

28 Overlapping Holdings

Symbol	Grade	Weight in SCHE	Weight in GEM	Overlap
ABEV	C	0.14%	0.08%	0.08%
ASAI	F	0.11%	0.04%	0.04%
ATHM	A	0.02%	0.07%	0.02%
BABA	B	2.27%	1.81%	1.81%
BCH	B	0.07%	0.1%	0.07%
BEKE	C	0.12%	0.04%	0.04%
BGNE	B	0.13%	0.12%	0.12%
BIDU	F	0.31%	0.15%	0.15%
BRFS	B	0.04%	0.04%	0.04%
BZ	F	0.05%	0.03%	0.03%
CHT	A	0.19%	0.07%	0.07%
CSAN	F	0.04%	0.06%	0.04%
ERJ	A	0.08%	0.04%	0.04%
GGB	C	0.05%	0.09%	0.05%
HDB	C	1.45%	0.46%	0.46%
IBN	C	0.61%	0.81%	0.61%
IQ	F	0.01%	0.03%	0.01%
LI	F	0.15%	0.05%	0.05%
PDD	F	0.83%	0.62%	0.62%
QFIN	B	0.04%	0.16%	0.04%
TAL	F	0.04%	0.05%	0.04%
TCOM	A	0.33%	0.15%	0.15%
TME	F	0.08%	0.1%	0.08%
UMC	C	0.27%	0.22%	0.22%
VALE	F	0.55%	0.44%	0.44%
VIPS	F	0.06%	0.18%	0.06%
WIT	B	0.12%	0.2%	0.12%
YUMC	C	0.17%	0.18%	0.17%

SCHE Overweight 16 Positions Relative to GEM

Symbol	Grade	Weight
XPEV	C	0.07%
NIO	D	0.07%
YMM	D	0.06%
BILI	C	0.05%
SBSW	F	0.04%
EC	D	0.03%
AKO.A	C	0.02%
RLX	D	0.02%
GDS	A	0.02%
TWI	D	0.02%
TUYA	F	0.01%
CIB	D	0.01%
WB	F	0.01%
DQ	D	0.01%
YY	A	0.01%
DADA	F	0.0%

SCHE Underweight 12 Positions Relative to GEM

Symbol	Grade	Weight
KB	C	-0.28%
SKM	A	-0.24%
SHG	B	-0.23%
NU	B	-0.14%
KT	A	-0.1%
SCCO	D	-0.09%
BAP	B	-0.07%
XP	C	-0.06%
PAGS	F	-0.04%
KEP	B	-0.04%
LPL	F	-0.04%
BVN	F	-0.03%