SPDW vs. MFDX ETF Comparison

Comparison of SPDR Portfolio World ex-US ETF (SPDW) to PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX)

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

$35.15

Average Daily Volume

2,162,564

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

MFDX

PIMCO Equitiy Series PIMCO RAFI Dynamic Multi-Factor International Equity ETF

MFDX Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor Emerging Markets Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor Emerging Markets Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of "factor portfolios," each of which emphasizes one of the following factors: value, low volatility, quality and momentum.

Grade (RS Rating)

Last Trade

$30.21

Average Daily Volume

24,053

Number of Holdings ^*

51

* may have additional holdings in another (foreign) market

Performance

Period	SPDW	MFDX
30 Days	-3.22%	-2.99%
60 Days	-4.95%	-5.07%
90 Days	-5.36%	-4.42%
12 Months	11.79%	10.91%

38 Overlapping Holdings

	Symbol	Grade	Weight in SPDW	Weight in MFDX	Overlap
	ABBV	F	0.4%	0.7%	0.4%
	AEI	D	0.02%	0.03%	0.02%
	AER	A	0.03%	0.01%	0.01%
	AGCO	D	0.03%	0.04%	0.03%
	ARM	F	0.06%	0.29%	0.06%
	ASND	F	0.02%	0.02%	0.02%
	BCS	A	0.2%	0.28%	0.2%
	CCEP	C	0.08%	0.06%	0.06%
	CHKP	C	0.1%	0.12%	0.1%
	CNI	F	0.3%	0.16%	0.16%
	CSIQ	F	0.0%	0.0%	0.0%
	CYBR	A	0.08%	0.03%	0.03%
	DEO	F	0.28%	0.14%	0.14%
	E	F	0.15%	0.08%	0.08%
	HMC	F	0.19%	0.16%	0.16%
	HSBH	B	0.73%	0.39%	0.39%
	ICLR	D	0.07%	0.08%	0.07%
	LOGI	D	0.06%	0.13%	0.06%
	LYG	D	0.21%	0.09%	0.09%
	MBAVU	C	0.02%	0.0%	0.0%
	MFG	A	0.24%	0.33%	0.24%
	MNDY	C	0.04%	0.02%	0.02%
	MUFG	B	0.61%	0.39%	0.39%
	NMR	B	0.08%	0.07%	0.07%
	NVS	F	0.88%	0.62%	0.62%
	PDS	C	0.0%	0.03%	0.0%
	QGEN	D	0.04%	0.04%	0.04%
	SE	A	0.17%	0.2%	0.17%
	SMFG	B	0.39%	0.27%	0.27%
	SONY	B	0.5%	0.03%	0.03%
	SPOT	B	0.28%	0.19%	0.19%
	STLA	F	0.12%	0.06%	0.06%
	TEVA	C	0.08%	0.1%	0.08%
	TM	F	0.9%	0.21%	0.21%
	UL	D	0.63%	1.11%	0.63%
	WCN	A	0.2%	0.21%	0.2%
	WFG	C	0.02%	0.08%	0.02%
	WIX	A	0.04%	0.05%	0.04%

SPDW Overweight 70 Positions Relative to MFDX

	Symbol	Grade	Weight
	SHOP	B	0.57%
	TD	D	0.44%
	KB	B	0.13%
	CPNG	D	0.11%
	SHG	C	0.09%
	PKX	D	0.08%
	MT	B	0.06%
	ONON	A	0.06%
	XRX	F	0.06%
	GRAB	A	0.05%
	FUTU	D	0.03%
	KEP	B	0.03%
	OTEX	F	0.03%
	GLNG	C	0.03%
	GSL	F	0.03%
	BNTX	C	0.03%
	ZIM	C	0.02%
	XENE	D	0.02%
	MRUS	F	0.02%
	KRNT	B	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%
	LPL	D	0.01%
	DAVA	C	0.01%
	AY	A	0.01%
	GLBE	B	0.01%
	LPL	D	0.01%
	GRFS	C	0.01%
	NOMD	D	0.01%
	IGT	F	0.01%
	TAC	A	0.01%
	BIRK	D	0.01%
	MTLS	A	0.0%
	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%
	GRVY	C	0.0%
	ADAP	F	0.0%
	EU	D	0.0%
	TMC	F	0.0%
	FREY	B	0.0%
	MNTX	B	0.0%
	INVZ	F	0.0%
	NNOX	C	0.0%
	NBTX	F	0.0%
	NNDM	D	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%
	JMIA	F	0.0%
	ELBM	D	0.0%
	PIXY	F	0.0%
	SSYS	B	0.0%
	AUPH	B	0.0%
	CSTM	F	0.0%
	RDWR	B	0.0%
	HCM	D	0.0%
	INMD	C	0.0%

SPDW Underweight 13 Positions Relative to MFDX

	Symbol	Grade	Weight
	TT	A	-0.37%
	MDT	D	-0.36%
	NXPI	D	-0.33%
	GRMN	B	-0.27%
	RBA	A	-0.11%
	GOLD	C	-0.09%
	LULU	C	-0.08%
	ALLE	C	-0.05%
	ALV	C	-0.04%
	DOOO	F	-0.02%
	FRO	D	-0.02%
	SFL	D	-0.01%
	YY	B	-0.01%

SPDW: Top Represented Industries & Keywords

Industries: Biotechnology Software - Application Banks - Global Drug Manufacturers - Major Auto Manufacturers Banks - Regional - Asia Computer Systems Drug Manufacturers - Specialty & Generic Shipping & Ports Software - Infrastructure Capital Markets Communication Equipment Consumer Electronics Diagnostics & Research Diversified Industrials Electronic Gaming & Multimedia Industrial Metals & Minerals Internet Content & Information Internet Retail Medical Devices

Keywords: Medicine Biotechnology Biopharmaceutical Bank Banking Cancer Investment Banking Pharmaceutical Clinical Medicine Financial Products Investment Banking Services Systems Integrator Asset Management Computing E Commerce Electricity Immunotherapy Infectious Diseases Natural Gas Transport

MFDX: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Internet Content & Information Diagnostics & Research Drug Manufacturers - Major Semiconductors Shipping & Ports Software - Application Airports & Air Services Apparel Stores Auto Parts Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Biotechnology Business Services Capital Markets Computer Systems Consumer Electronics

Keywords: S&P 500 Nasdaq 100 Asset Management Bank Banking Biotechnology Computing Financial Products Investment Banking Investment Banking Services Transport Advisory Services Automotive Industry Cars Cash Management Services Corporate Banking Gas Exploration IBD 50 Insurance Products Investment Bank