SPDW vs. APIE ETF Comparison

Comparison of SPDR Portfolio World ex-US ETF (SPDW) to Trust for Professional Managers ActivePassive International Equity ETF (APIE)

SPDW

SPDR Portfolio World ex-US ETF

SPDW Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S.BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in developed countries outside the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.28

Average Daily Volume

2,194,939

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

APIE

Trust for Professional Managers ActivePassive International Equity ETF

APIE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.

Grade (RS Rating)

Last Trade

$28.98

Average Daily Volume

48,340

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

Performance

Period	SPDW	APIE
30 Days	-1.89%	-2.88%
60 Days	-4.98%	-2.78%
90 Days	-5.01%	-2.72%
12 Months	12.20%	12.60%

35 Overlapping Holdings

Symbol	Grade	Weight in SPDW	Weight in APIE	Overlap
ABBV	D	0.4%	0.37%	0.37%
ADAP	F	0.0%	0.0%	0.0%
ARM	D	0.06%	0.05%	0.05%
ASND	D	0.02%	0.02%	0.02%
BCS	C	0.2%	0.81%	0.2%
BNTX	D	0.03%	0.05%	0.03%
CHKP	D	0.1%	0.31%	0.1%
DAVA	C	0.01%	0.03%	0.01%
DEO	F	0.28%	0.72%	0.28%
E	F	0.15%	0.31%	0.15%
FUTU	D	0.03%	0.08%	0.03%
GRFS	C	0.01%	0.08%	0.01%
GRVY	C	0.0%	0.01%	0.0%
HCM	D	0.0%	0.0%	0.0%
HMC	F	0.19%	0.53%	0.19%
JMIA	F	0.0%	0.01%	0.0%
KB	B	0.13%	0.22%	0.13%
LOGI	D	0.06%	0.25%	0.06%
LPL	F	0.01%	0.02%	0.01%
LPL	F	0.01%	0.02%	0.01%
LYG	F	0.21%	0.44%	0.21%
MFG	B	0.24%	0.41%	0.24%
MT	B	0.06%	0.35%	0.06%
MTLS	B	0.0%	0.05%	0.0%
MUFG	B	0.61%	0.58%	0.58%
NMR	B	0.08%	0.3%	0.08%
NNDM	F	0.0%	0.06%	0.0%
NVS	D	0.88%	1.33%	0.88%
PKX	F	0.08%	0.09%	0.08%
SE	B	0.17%	0.15%	0.15%
SHG	D	0.09%	0.28%	0.09%
SMFG	B	0.39%	0.59%	0.39%
TEVA	D	0.08%	0.14%	0.08%
TM	D	0.9%	1.2%	0.9%
UL	D	0.63%	1.28%	0.63%

SPDW Overweight 73 Positions Relative to APIE

Symbol	Grade	Weight
HSBH	B	0.73%
SHOP	B	0.57%
SONY	B	0.5%
TD	F	0.44%
CNI	D	0.3%
SPOT	B	0.28%
WCN	A	0.2%
STLA	F	0.12%
CPNG	D	0.11%
CCEP	C	0.08%
CYBR	B	0.08%
ICLR	D	0.07%
ONON	A	0.06%
XRX	F	0.06%
GRAB	B	0.05%
WIX	B	0.04%
MNDY	C	0.04%
QGEN	D	0.04%
KEP	B	0.03%
OTEX	D	0.03%
GLNG	C	0.03%
AGCO	D	0.03%
GSL	F	0.03%
AER	B	0.03%
ZIM	C	0.02%
AEI	D	0.02%
MBAVU	D	0.02%
XENE	D	0.02%
WFG	D	0.02%
MRUS	F	0.02%
KRNT	C	0.02%
NAT	F	0.01%
FVRR	B	0.01%
MLCO	F	0.01%
URGN	F	0.01%
IMCR	D	0.01%
LSPD	C	0.01%
AY	B	0.01%
GLBE	B	0.01%
NOMD	D	0.01%
IGT	F	0.01%
TAC	B	0.01%
BIRK	D	0.01%
RENB	F	0.0%
HL	D	0.0%
CALX	D	0.0%
TLRY	F	0.0%
CVAC	F	0.0%
ORMP	D	0.0%
AMRN	F	0.0%
EU	D	0.0%
TMC	F	0.0%
FREY	B	0.0%
MNTX	C	0.0%
INVZ	F	0.0%
NNOX	C	0.0%
NBTX	F	0.0%
DNN	B	0.0%
GSM	D	0.0%
SNDL	D	0.0%
CHGX	A	0.0%
ABCL	D	0.0%
SPNS	F	0.0%
IMTX	F	0.0%
ELBM	F	0.0%
PIXY	F	0.0%
SSYS	C	0.0%
CSIQ	F	0.0%
AUPH	B	0.0%
CSTM	F	0.0%
RDWR	B	0.0%
PDS	C	0.0%
INMD	C	0.0%

SPDW Underweight 178 Positions Relative to APIE

Symbol	Grade	Weight
TSM	B	-5.96%
SAP	B	-1.98%
RELX	C	-1.54%
NVO	D	-1.45%
AZN	D	-1.25%
ASML	F	-1.22%
BABA	D	-1.19%
HSBC	B	-1.18%
HDB	C	-0.96%
BTI	B	-0.92%
TAK	F	-0.79%
BHP	F	-0.75%
SNY	F	-0.72%
BP	D	-0.69%
RIO	D	-0.68%
IX	F	-0.66%
GSK	F	-0.66%
BUD	F	-0.65%
TTE	F	-0.6%
SAN	F	-0.53%
INFY	B	-0.53%
NGG	D	-0.52%
IBN	C	-0.51%
PDD	F	-0.5%
BBVA	F	-0.49%
ING	F	-0.46%
PHG	D	-0.46%
NWG	C	-0.43%
IHG	A	-0.39%
JD	D	-0.38%
TEF	D	-0.37%
ERIC	B	-0.34%
AON	A	-0.34%
PSO	B	-0.33%
NOK	D	-0.32%
ACN	C	-0.31%
VOD	F	-0.3%
HLN	D	-0.29%
TCOM	B	-0.29%
SKM	D	-0.29%
RDY	F	-0.27%
SNN	D	-0.26%
RTO	C	-0.26%
KT	A	-0.25%
VALE	F	-0.23%
JHX	C	-0.21%
GLPG	D	-0.2%
FMS	A	-0.19%
EQNR	D	-0.19%
PBR	C	-0.17%
ITUB	F	-0.16%
ASX	D	-0.16%
WPP	B	-0.15%
WIT	A	-0.14%
DOOO	F	-0.13%
UMC	F	-0.13%
ERJ	B	-0.13%
ABEV	F	-0.12%
CRTO	C	-0.12%
NTES	D	-0.12%
CUK	B	-0.12%
WF	C	-0.12%
FINV	B	-0.11%
BBD	D	-0.1%
ARGX	A	-0.1%
ZTO	F	-0.1%
BGNE	D	-0.1%
SBS	B	-0.09%
NICE	C	-0.08%
WDS	D	-0.08%
TS	B	-0.08%
SW	A	-0.08%
CHT	D	-0.08%
LI	F	-0.08%
CIG	C	-0.08%
GFI	D	-0.07%
QFIN	B	-0.07%
CIB	B	-0.07%
CCU	D	-0.06%
PAC	B	-0.06%
AKO.A	F	-0.06%
KOF	F	-0.06%
ASR	D	-0.06%
VIPS	F	-0.06%
HMY	D	-0.06%
YY	C	-0.06%
BEKE	D	-0.06%
BCH	F	-0.06%
GGAL	C	-0.05%
SOHU	F	-0.05%
XPEV	C	-0.05%
PAM	A	-0.05%
FMX	F	-0.05%
GOLD	D	-0.05%
CX	D	-0.05%
GMAB	F	-0.05%
AKO.A	F	-0.05%
BIDU	F	-0.05%
HTHT	D	-0.04%
DRD	D	-0.04%
YMM	C	-0.04%
TKC	C	-0.04%
OPRA	A	-0.04%
BWAY	B	-0.04%
TME	D	-0.04%
STM	F	-0.04%
PHI	D	-0.04%
IMOS	F	-0.04%
ATHM	D	-0.03%
IMMP	F	-0.03%
BLTE	C	-0.03%
VLRS	C	-0.03%
TLK	D	-0.03%
CRESY	B	-0.03%
BILI	D	-0.03%
EBR	F	-0.03%
YPF	B	-0.03%
TX	F	-0.03%
GGB	C	-0.03%
OMAB	D	-0.03%
VIST	A	-0.03%
NIO	F	-0.03%
MREO	F	-0.02%
BMA	B	-0.02%
ELP	F	-0.02%
ZLAB	C	-0.02%
GNFT	F	-0.02%
BZ	F	-0.02%
ATAT	C	-0.02%
ASAI	F	-0.02%
UGP	F	-0.02%
SUPV	B	-0.02%
HIMX	F	-0.02%
GDS	C	-0.02%
BRFS	D	-0.02%
XYF	D	-0.02%
SUZ	C	-0.02%
MOMO	D	-0.02%
MYTE	B	-0.02%
TAL	F	-0.02%
CANG	B	-0.02%
ENIC	D	-0.02%
EDAP	F	-0.01%
YALA	D	-0.01%
DOYU	C	-0.01%
MNSO	F	-0.01%
BZUN	F	-0.01%
DAO	B	-0.01%
CEPU	B	-0.01%
HUYA	F	-0.01%
CLLS	F	-0.01%
JKS	F	-0.01%
LEGN	F	-0.01%
TV	F	-0.01%
RERE	B	-0.01%
OTLY	F	-0.01%
JFIN	F	-0.01%
TEO	B	-0.01%
BVN	F	-0.01%
IPHA	F	-0.01%
SQM	F	-0.01%
VIV	F	-0.01%
EVO	D	-0.0%
SSL	F	-0.0%
CNF	F	-0.0%
ORAN	F	-0.0%
HEPS	C	-0.0%
IQ	F	-0.0%
AZUL	F	-0.0%
DADA	F	-0.0%
RLX	C	-0.0%
TOUR	D	-0.0%
SIMO	D	-0.0%
YRD	F	-0.0%
DDL	C	-0.0%
EH	F	-0.0%
SBSW	D	-0.0%
KC	A	-0.0%