VEU vs. FLAX ETF Comparison

Comparison of Vanguard FTSE All World Ex US ETF (VEU) to Franklin FTSE Asia ex Japan ETF (FLAX)

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$60.89

Average Daily Volume

1,994,778

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

FLAX

Franklin FTSE Asia ex Japan ETF

FLAX Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Asia ex Japan RIC Capped Index (the FTSE Asia ex Japan Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE Asia ex Japan Capped Index and in depositary receipts representing such securities. The FTSE Asia ex Japan Capped Index is based on the FTSE Asia ex Japan Index and is designed to measure the performance of large- and mid- capitalization stocks from developed and emerging Asian countries, excluding Japan.

Grade (RS Rating)

Last Trade

$22.82

Average Daily Volume

1,842

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VEU	FLAX
30 Days	-0.20%	-1.80%
60 Days	2.34%	0.16%
90 Days	3.66%	-0.33%
12 Months	16.90%	12.85%

42 Overlapping Holdings

Symbol	Grade	Weight in VEU	Weight in FLAX	Overlap
ATHM	C	0.01%	0.02%	0.01%
ATHM	C	0.0%	0.02%	0.0%
BABA	C	0.58%	2.39%	0.58%
BEKE	F	0.03%	0.13%	0.03%
BGNE	C	0.03%	0.13%	0.03%
BIDU	F	0.09%	0.31%	0.09%
BILI	D	0.01%	0.06%	0.01%
BZ	F	0.02%	0.06%	0.02%
CHT	A	0.03%	0.2%	0.03%
CHT	A	0.02%	0.2%	0.02%
DADA	F	0.0%	0.0%	0.0%
DQ	D	0.0%	0.01%	0.0%
GDS	C	0.0%	0.02%	0.0%
HDB	C	0.38%	1.55%	0.38%
IBN	A	0.16%	0.65%	0.16%
IQ	F	0.01%	0.01%	0.01%
KB	D	0.04%	0.29%	0.04%
KB	D	0.04%	0.29%	0.04%
KEP	C	0.0%	0.06%	0.0%
KEP	C	0.01%	0.06%	0.01%
LI	D	0.04%	0.14%	0.04%
LPL	F	0.01%	0.03%	0.01%
NIO	D	0.02%	0.09%	0.02%
PDD	F	0.32%	0.92%	0.32%
QFIN	B	0.01%	0.04%	0.01%
RLX	F	0.01%	0.02%	0.01%
SHG	C	0.05%	0.29%	0.05%
SHG	C	0.03%	0.29%	0.03%
TAL	F	0.01%	0.04%	0.01%
TCOM	C	0.08%	0.35%	0.08%
TME	F	0.03%	0.09%	0.03%
TUYA	F	0.0%	0.0%	0.0%
UMC	C	0.03%	0.28%	0.03%
UMC	C	0.03%	0.28%	0.03%
VIPS	F	0.02%	0.06%	0.02%
WB	F	0.0%	0.01%	0.0%
WIT	C	0.02%	0.12%	0.02%
WIT	C	0.01%	0.12%	0.01%
XPEV	D	0.02%	0.07%	0.02%
YMM	D	0.02%	0.07%	0.02%
YUMC	D	0.04%	0.19%	0.04%
YY	C	0.0%	0.01%	0.0%

VEU Overweight 67 Positions Relative to FLAX

Symbol	Grade	Weight
TM	F	0.79%
NVS	C	0.79%
UL	C	0.53%
MUFG	D	0.43%
SONY	D	0.37%
TD	A	0.36%
SMFG	D	0.31%
ABBV	C	0.3%
SHOP	C	0.26%
DEO	C	0.24%
CNI	D	0.23%
MFG	D	0.2%
HMC	D	0.18%
LYG	B	0.17%
BCS	B	0.16%
WCN	D	0.16%
INFY	C	0.13%
STLA	F	0.12%
VALE	D	0.12%
FLUT	B	0.12%
E	C	0.12%
GOLD	B	0.11%
SW	B	0.08%
ITUB	B	0.06%
NMR	F	0.06%
XRX	F	0.05%
LOGI	D	0.05%
PKX	D	0.04%
PBR	D	0.03%
ASAI	F	0.03%
VALE	D	0.03%
QGEN	B	0.03%
CX	F	0.02%
AEI	D	0.02%
BCH	C	0.02%
ABEV	C	0.02%
ERJ	C	0.02%
TSM	D	0.02%
AGCO	D	0.02%
BBD	C	0.02%
GGB	C	0.01%
SQM	F	0.01%
BSAC	C	0.01%
GGB	C	0.01%
BRFS	C	0.01%
CSAN	F	0.01%
RDY	D	0.01%
SBSW	F	0.01%
ABEV	C	0.01%
CIB	F	0.01%
MBAVU	C	0.01%
JEWL	D	0.0%
ASX	D	0.0%
BAK	D	0.0%
ENIC	D	0.0%
ASAI	F	0.0%
SID	D	0.0%
ELBM	C	0.0%
TAK	C	0.0%
TS	D	0.0%
PIXY	F	0.0%
VIV	C	0.0%
MNTX	D	0.0%
ELP	C	0.0%
CIG	B	0.0%
EC	D	0.0%
AKO.A	C	0.0%

VEU Underweight 0 Positions Relative to FLAX

	Symbol	Grade	Weight