SCHE vs. TLTE ETF Comparison

Comparison of Schwab Emerging Markets Equity ETF (SCHE) to FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE)

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

$27.60

Average Daily Volume

1,174,381

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TLTE

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund

TLTE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MorningstarÂ® Emerging Markets Factor Tilt IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index reflects the performance of a selection of equity securities designed to provide broad exposure to the global emerging equities markets, with increased exposure (or a "tilt") to small-capitalization stocks and value stocks.

Grade (RS Rating)

Last Trade

$53.62

Average Daily Volume

4,149

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SCHE	TLTE
30 Days	-3.97%	-3.60%
60 Days	-0.93%	-2.31%
90 Days	0.69%	-1.68%
12 Months	15.92%	11.52%

39 Overlapping Holdings

Symbol	Grade	Weight in SCHE	Weight in TLTE	Overlap
ABEV	F	0.12%	0.07%	0.07%
AKO.A	F	0.02%	0.01%	0.01%
ASAI	F	0.09%	0.05%	0.05%
ATHM	D	0.02%	0.01%	0.01%
BABA	D	2.47%	1.98%	1.98%
BCH	F	0.06%	0.05%	0.05%
BEKE	D	0.15%	0.03%	0.03%
BEKE	D	0.15%	0.09%	0.09%
BGNE	D	0.15%	0.08%	0.08%
BIDU	F	0.3%	0.26%	0.26%
BILI	D	0.08%	0.03%	0.03%
BRFS	D	0.04%	0.03%	0.03%
CHT	D	0.19%	0.11%	0.11%
CSAN	F	0.03%	0.03%	0.03%
DQ	F	0.01%	0.13%	0.01%
ERJ	B	0.09%	0.05%	0.05%
GDS	C	0.03%	0.03%	0.03%
GGB	C	0.06%	0.05%	0.05%
HDB	C	1.45%	0.83%	0.83%
IBN	C	0.74%	0.57%	0.57%
IQ	F	0.01%	0.01%	0.01%
LI	F	0.15%	0.1%	0.1%
NIO	F	0.07%	0.05%	0.05%
PDD	F	1.02%	0.55%	0.55%
RLX	C	0.02%	0.01%	0.01%
SBSW	D	0.04%	0.03%	0.03%
TAL	F	0.05%	0.03%	0.03%
TCOM	B	0.44%	0.26%	0.26%
TME	D	0.1%	0.02%	0.02%
TME	D	0.1%	0.03%	0.03%
UMC	F	0.21%	0.18%	0.18%
VALE	F	0.49%	0.38%	0.38%
VIPS	F	0.06%	0.05%	0.05%
WB	D	0.01%	0.1%	0.01%
WIT	A	0.12%	0.07%	0.07%
XPEV	C	0.11%	0.07%	0.07%
YMM	C	0.08%	0.04%	0.04%
YUMC	C	0.23%	0.13%	0.13%
YY	C	0.01%	0.01%	0.01%

SCHE Overweight 3 Positions Relative to TLTE

Symbol	Grade	Weight
BZ	F	0.05%
QFIN	B	0.04%
TWI	F	0.02%

SCHE Underweight 16 Positions Relative to TLTE

Symbol	Grade	Weight
KB	B	-0.26%
SHG	D	-0.2%
SGRP	D	-0.16%
BAP	B	-0.13%
MOMO	D	-0.12%
FINV	B	-0.11%
KEP	B	-0.04%
VIST	A	-0.04%
SKM	D	-0.04%
MNSO	F	-0.02%
ATAT	C	-0.02%
LPL	F	-0.02%
IMOS	F	-0.01%
EH	F	-0.01%
IFS	B	-0.01%
CAR	C	-0.01%