VWO vs. AVEM ETF Comparison

Comparison of Vanguard FTSE Emerging Markets ETF (VWO) to Avantis Emerging Markets Equity ETF (AVEM)

VWO

Vanguard FTSE Emerging Markets ETF

VWO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in emerging market countries. The fund employs an indexing investment approach by investing substantially all (approximately 95%) of its assets in the common stocks included in the FTSE Emerging Index, while employing a form of sampling to reduce risk. The FTSE Emerging Index includes approximately 851 common stocks of companies located in emerging markets around the world. As of May 31, 2013, the largest markets covered in the index were China, Brazil, Taiwan, and India.

Grade (RS Rating)

Last Trade

$45.40

Average Daily Volume

8,187,984

Number of Holdings ^*

81

* may have additional holdings in another (foreign) market

AVEM

Avantis Emerging Markets Equity ETF

AVEM 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. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities of companies related to emerging market countries.

Grade (RS Rating)

Last Trade

$60.93

Average Daily Volume

446,025

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

Performance

Period	VWO	AVEM
30 Days	-4.28%	-4.54%
60 Days	0.24%	-1.30%
90 Days	1.03%	-1.84%
12 Months	15.49%	14.33%

72 Overlapping Holdings

	Symbol	Grade	Weight in VWO	Weight in AVEM	Overlap
	ABEV	F	0.11%	0.06%	0.06%
	AKO.A	F	0.01%	0.02%	0.01%
	ASAI	F	0.0%	0.07%	0.0%
	ASAI	F	0.07%	0.07%	0.07%
	ASAI	F	0.0%	0.02%	0.0%
	ASAI	F	0.07%	0.02%	0.02%
	ATAT	C	0.02%	0.02%	0.02%
	ATHM	C	0.02%	0.07%	0.02%
	ATHM	C	0.0%	0.07%	0.0%
	AZUL	F	0.0%	0.0%	0.0%
	BABA	D	2.32%	1.54%	1.54%
	BAK	F	0.0%	0.01%	0.0%
	BBD	D	0.01%	0.13%	0.01%
	BCH	C	0.06%	0.05%	0.05%
	BEKE	D	0.15%	0.25%	0.15%
	BGNE	D	0.14%	0.03%	0.03%
	BIDU	F	0.28%	0.04%	0.04%
	BILI	D	0.07%	0.0%	0.0%
	BRFS	C	0.03%	0.06%	0.03%
	BSAC	C	0.01%	0.05%	0.01%
	BSBR	F	0.01%	0.03%	0.01%
	BZ	F	0.05%	0.01%	0.01%
	CAR	C	0.02%	0.06%	0.02%
	CHT	C	0.04%	0.11%	0.04%
	CHT	C	0.12%	0.11%	0.11%
	CIB	B	0.03%	0.04%	0.03%
	CIG	C	0.01%	0.06%	0.01%
	CSAN	F	0.03%	0.01%	0.01%
	DAO	B	0.0%	0.0%	0.0%
	DQ	F	0.01%	0.05%	0.01%
	EBR	F	0.0%	0.04%	0.0%
	EC	D	0.01%	0.03%	0.01%
	ELP	F	0.01%	0.02%	0.01%
	ERJ	A	0.01%	0.24%	0.01%
	ERJ	A	0.06%	0.24%	0.06%
	FINV	B	0.01%	0.06%	0.01%
	GDS	C	0.02%	0.05%	0.02%
	GGB	C	0.04%	0.13%	0.04%
	GGB	C	0.0%	0.13%	0.0%
	GOTU	F	0.0%	0.0%	0.0%
	HDB	C	1.29%	0.51%	0.51%
	HUYA	F	0.0%	0.0%	0.0%
	IBN	C	0.66%	0.42%	0.42%
	IMOS	F	0.01%	0.01%	0.01%
	IQ	F	0.01%	0.05%	0.01%
	ITUB	F	0.06%	0.31%	0.06%
	LI	F	0.15%	0.23%	0.15%
	MOMO	D	0.01%	0.07%	0.01%
	NIO	F	0.07%	0.04%	0.04%
	PDD	F	0.95%	0.8%	0.8%
	QFIN	A	0.04%	0.17%	0.04%
	RDY	F	0.03%	0.16%	0.03%
	SBS	B	0.02%	0.09%	0.02%
	SBSW	D	0.04%	0.07%	0.04%
	SGRP	D	0.02%	0.03%	0.02%
	SID	F	0.0%	0.05%	0.0%
	SOHU	F	0.0%	0.01%	0.0%
	SQM	D	0.0%	0.05%	0.0%
	TAL	F	0.05%	0.07%	0.05%
	TCOM	B	0.4%	0.22%	0.22%
	TME	D	0.09%	0.11%	0.09%
	UMC	F	0.04%	0.27%	0.04%
	UMC	F	0.14%	0.27%	0.14%
	VALE	F	0.46%	0.38%	0.38%
	VIPS	F	0.05%	0.24%	0.05%
	VNET	B	0.0%	0.02%	0.0%
	WB	D	0.01%	0.04%	0.01%
	WIT	B	0.02%	0.08%	0.02%
	WIT	B	0.08%	0.08%	0.08%
	XPEV	C	0.08%	0.01%	0.01%
	YUMC	C	0.19%	0.35%	0.19%
	YY	B	0.01%	0.03%	0.01%

VWO Overweight 11 Positions Relative to AVEM

	Symbol	Grade	Weight
	YMM	C	0.07%
	DDL	C	0.01%
	EH	D	0.01%
	CSIQ	F	0.01%
	JKS	F	0.01%
	RLX	C	0.01%
	ENIC	B	0.0%
	BAOS	F	0.0%
	JEWL	D	0.0%
	DADA	F	0.0%
	CAN	C	0.0%

VWO Underweight 55 Positions Relative to AVEM

	Symbol	Grade	Weight
	TSM	B	-6.28%
	INFY	C	-0.73%
	NTES	D	-0.58%
	KB	B	-0.44%
	PBR	D	-0.38%
	SHG	C	-0.35%
	ASX	D	-0.28%
	PKX	D	-0.25%
	ZTO	F	-0.24%
	GFI	D	-0.18%
	BAP	A	-0.18%
	HMY	D	-0.14%
	FMX	F	-0.14%
	CPNG	D	-0.14%
	SUZ	B	-0.11%
	PAC	B	-0.1%
	TLK	D	-0.1%
	ASR	D	-0.08%
	CX	F	-0.08%
	HTHT	D	-0.08%
	UGP	F	-0.08%
	STNE	F	-0.07%
	SCCO	F	-0.07%
	OMAB	D	-0.07%
	NU	C	-0.06%
	TKC	B	-0.06%
	LPL	D	-0.05%
	BVN	D	-0.05%
	SSL	F	-0.04%
	KT	A	-0.04%
	KEP	B	-0.04%
	PHI	D	-0.03%
	PAGS	F	-0.03%
	MNSO	D	-0.03%
	TV	F	-0.03%
	JD	D	-0.03%
	LX	B	-0.02%
	XP	F	-0.02%
	SKM	C	-0.02%
	VLRS	B	-0.02%
	VIV	F	-0.01%
	IFS	A	-0.01%
	CCU	D	-0.01%
	NOAH	D	-0.01%
	XYF	D	-0.0%
	CANG	B	-0.0%
	YRD	F	-0.0%
	TUYA	D	-0.0%
	CAAS	C	-0.0%
	NIU	F	-0.0%
	SHPH	F	-0.0%
	QD	B	-0.0%
	API	B	-0.0%
	PDSB	F	-0.0%
	PAX	C	-0.0%

VWO: Top Represented Industries & Keywords

Industries: Internet Content & Information Banks - Regional - Latin America Auto Manufacturers Specialty Retail Aerospace & Defense Banks - Regional - Asia Chemicals Credit Services Education & Training Services Grocery Stores Information Technology Services Semiconductors Solar Steel Utilities - Diversified Utilities - Regulated Electric Advertising Agencies Airlines Beverages - Brewers Beverages - Non-Alcoholic

Keywords: Bank Games Banking Currency Financial Products Investment Banking Online Game Transport Advertising Services Cash Management Distribution Network Electricity Factoring Investment Product Commercial Banking Computing Concurrent Computing Consumer Finance Deposit Products Electric Vehicle

AVEM: Top Represented Industries & Keywords

Industries: Internet Content & Information Banks - Regional - Latin America Telecom Services Credit Services Specialty Retail Auto Manufacturers Banks - Regional - Asia Semiconductors Airports & Air Services Beverages - Brewers Gold Information Technology Services Oil & Gas Integrated Steel Airlines Asset Management Biotechnology Chemicals Drug Manufacturers - Specialty & Generic Education & Training Services

Keywords: Bank Banking Broadband Investment Banking Cloud Computing Currency Games Internet Access Investment Product Natural Gas Telecommunications Advertising Services Consumer Finance Electronics Financial Products Online Game Commercial Banking Credit E-Commerce Information And Communications Technology