VRAI vs. AVSE ETF Comparison

Comparison of Virtus Real Asset Income ETF (VRAI) to Avantis Responsible Emerging Markets Equity ETF (AVSE)

VRAI

Virtus Real Asset Income ETF

VRAI Description

The investment seeks investment results that correspond the price and yield performance of the Indxx Real Asset Income Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed "Real Asset" companies, as defined by Indxx, LLC, the index provider of the underlying index. The underlying index includes common stock, real estate investment trusts, master limited partnerships, American depositary receipts and global depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.63

Average Daily Volume

872

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVSE

Avantis Responsible Emerging Markets Equity ETF

AVSE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of companies related to emerging markets across market sectors, industry groups and countries. The fund may invest in companies of all market capitalizations. The portfolio management team limits its investable universe of companies by screening out those that raise concerns based on the team?s evaluation of multiple ESG metrics.

Grade (RS Rating)

Last Trade

$56.51

Average Daily Volume

2,881

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VRAI	AVSE
30 Days	1.21%	7.39%
60 Days	4.68%	11.96%
90 Days	6.93%	7.16%
12 Months	22.05%	32.46%

5 Overlapping Holdings

Symbol	Grade	Weight in VRAI	Weight in AVSE	Overlap
CIG	B	1.17%	0.12%	0.12%
GFI	B	1.13%	0.18%	0.18%
KT	C	1.22%	0.04%	0.04%
SBSW	D	0.99%	0.07%	0.07%
SCCO	B	1.12%	0.05%	0.05%

VRAI Overweight 74 Positions Relative to AVSE

Symbol	Grade	Weight
CCOI	B	1.46%
OUT	C	1.38%
FDP	C	1.36%
ROIC	C	1.29%
IIPR	C	1.28%
EPRT	C	1.28%
AAT	C	1.26%
BRX	C	1.25%
PSA	C	1.25%
KIM	C	1.24%
SKT	A	1.24%
OGS	C	1.24%
ADC	B	1.24%
BNL	C	1.23%
NI	A	1.23%
CCI	C	1.22%
AMT	C	1.22%
WEC	A	1.22%
FR	C	1.21%
PNM	B	1.21%
EPR	C	1.21%
CUBE	C	1.2%
LNT	A	1.2%
CMS	A	1.2%
TRNO	D	1.19%
ORAN	D	1.18%
REG	C	1.18%
IVT	C	1.18%
CWEN	C	1.18%
REXR	D	1.17%
AEP	C	1.17%
AVA	D	1.16%
EGP	D	1.16%
MAA	C	1.16%
CPT	C	1.16%
ES	C	1.16%
NSA	C	1.14%
EXR	C	1.14%
GGB	B	1.13%
RHP	C	1.13%
NJR	C	1.13%
NRP	B	1.11%
VALE	B	1.07%
SPOK	D	1.07%
PAGP	D	1.06%
APLE	D	1.06%
PBR	D	1.06%
SID	D	1.05%
PAA	D	1.04%
ARLP	A	1.04%
HST	D	1.03%
TS	D	1.02%
ENIC	D	1.01%
INVH	D	1.01%
EOG	B	1.01%
WES	D	1.01%
HESM	D	1.0%
NEP	D	1.0%
DMLP	B	0.98%
KRP	B	0.98%
SBR	D	0.96%
BSM	B	0.96%
COP	D	0.94%
FANG	D	0.9%
EQNR	D	0.9%
CTRA	D	0.88%
APA	F	0.84%
DVN	F	0.84%
OVV	F	0.81%
BRY	F	0.79%
PTEN	F	0.77%
GPRK	F	0.77%
EC	F	0.74%
NFE	F	0.42%

VRAI Underweight 86 Positions Relative to AVSE

Symbol	Grade	Weight
TSM	C	-4.57%
BABA	A	-1.93%
PDD	B	-0.76%
INFY	D	-0.74%
HDB	C	-0.55%
NTES	B	-0.55%
IBN	C	-0.47%
KB	D	-0.43%
SHG	C	-0.4%
ITUB	C	-0.36%
YUMC	B	-0.35%
LI	C	-0.3%
UMC	D	-0.27%
CPNG	C	-0.26%
HTHT	A	-0.24%
VIPS	B	-0.24%
TCOM	A	-0.23%
ASX	D	-0.23%
ZTO	A	-0.22%
BBD	B	-0.18%
PAC	C	-0.16%
BAP	B	-0.16%
BEKE	B	-0.15%
TLK	D	-0.15%
SUZ	D	-0.13%
STNE	F	-0.12%
LPL	D	-0.11%
FMX	F	-0.1%
SBS	D	-0.1%
TME	B	-0.09%
BCH	D	-0.09%
OMAB	D	-0.09%
RDY	D	-0.09%
ASR	D	-0.08%
QFIN	A	-0.08%
ABEV	B	-0.08%
ASAI	F	-0.08%
CAR	D	-0.08%
EBR	D	-0.08%
ATHM	A	-0.07%
IQ	D	-0.07%
SKM	C	-0.07%
BIDU	B	-0.06%
VIV	B	-0.06%
TKC	D	-0.06%
WIT	C	-0.06%
CHT	C	-0.06%
YY	C	-0.05%
BRFS	C	-0.05%
BGNE	B	-0.05%
ELP	F	-0.05%
MNSO	B	-0.05%
TV	D	-0.05%
BGNE	B	-0.04%
SGRP	B	-0.04%
ASAI	F	-0.04%
MOMO	B	-0.04%
AKO.A	D	-0.04%
BSAC	D	-0.04%
WB	B	-0.03%
NIO	B	-0.03%
IMOS	D	-0.03%
SOHU	A	-0.03%
PHI	B	-0.03%
GRIN	A	-0.03%
SQM	D	-0.03%
PAGS	F	-0.03%
CIB	D	-0.03%
IFS	B	-0.03%
LX	B	-0.02%
VNET	B	-0.02%
BSBR	F	-0.02%
CCU	D	-0.02%
NOAH	B	-0.02%
PDSB	C	-0.01%
XPEV	B	-0.01%
BZ	B	-0.01%
NIU	B	-0.0%
DAO	A	-0.0%
TIGR	B	-0.0%
BILI	B	-0.0%
CANG	D	-0.0%
API	B	-0.0%
TUYA	B	-0.0%
TAL	B	-0.0%
CAAS	B	-0.0%