TDI vs. MEMX ETF Comparison

Comparison of Touchstone Dynamic International ETF (TDI) to Matthews Emerging Markets ex China Active ETF (MEMX)

TDI

Touchstone Dynamic International ETF

TDI Description

TDI provides broad exposure to the global equity markets outside the US. The fund may include common and preferred stocks, depositary receipts, REITs, as well as other exchange-traded funds. To construct the portfolio, the funds sub-adviser employs the Dynamic Alpha Stock Selection Model, a proprietary quantitative model that seeks to construct a risk-controlled, forward-looking portfolio that adapts to changing market conditions. The model estimates returns based on each securitys risk characteristics through a three-step process that utilizes fundamental data and statistical tools. An optimization process is then used to identify the portfolio of around 100-140 securities with the highest expected return for an acceptable level of risk. The fund rebalances periodically. On December 11, 2023, TDI converted from a mutual fund to an actively managed ETF with $62 million in assets.

Grade (RS Rating)

Last Trade

$29.29

Average Daily Volume

3,712

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MEMX

Matthews Emerging Markets ex China Active ETF

MEMX Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries excluding China. The fund may also invest in companies located in developed countries or China; however, the fund may not invest in any company located in a developed country or China if, at the time of purchase, more than 20% of the fund"s assets are invested in a combination of developed market and Chinese companies.

Grade (RS Rating)

Last Trade

$29.92

Average Daily Volume

5,122

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TDI	MEMX
30 Days	-2.06%	-2.58%
60 Days	-3.01%	-3.62%
90 Days	-3.27%	-2.82%
12 Months		15.20%

2 Overlapping Holdings

	Symbol	Grade	Weight in TDI	Weight in MEMX	Overlap
	BAP	B	1.43%	2.16%	1.43%
	SE	B	2.13%	0.86%	0.86%

TDI Overweight 7 Positions Relative to MEMX

Symbol	Grade	Weight
NVS	D	2.15%
XRX	F	1.52%
GOLD	D	1.35%
MUFG	B	1.19%
PDD	F	0.84%
SCCO	F	0.69%
HSBH	B	0.43%

TDI Underweight 17 Positions Relative to MEMX

Symbol	Grade	Weight
TSM	B	-12.65%
IBN	C	-3.07%
HDB	C	-2.54%
KB	B	-1.68%
GLOB	B	-1.55%
GRAB	B	-1.38%
NU	C	-1.38%
INFY	B	-1.33%
PBR	C	-1.14%
FCX	D	-1.06%
MMYT	B	-1.04%
BCH	F	-0.99%
MELI	D	-0.89%
ASAI	F	-0.88%
SKM	D	-0.76%
VALE	F	-0.75%
PSMT	C	-0.72%