VWO vs. GRID ETF Comparison

Comparison of Vanguard FTSE Emerging Markets ETF (VWO) to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)

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

$45.59

Average Daily Volume

8,045,836

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$124.12

Average Daily Volume

115,764

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VWO	GRID
30 Days	-4.69%	-1.95%
60 Days	0.65%	-0.86%
90 Days	1.69%	3.22%
12 Months	14.96%	30.72%

1 Overlapping Holdings

	Symbol	Grade	Weight in VWO	Weight in GRID	Overlap
	EBR	F	0.0%	0.0%	0.0%

VWO Overweight 81 Positions Relative to GRID

Symbol	Grade	Weight
BABA	D	2.42%
HDB	B	1.24%
PDD	D	1.02%
IBN	D	0.62%
VALE	F	0.48%
TCOM	B	0.36%
BIDU	F	0.31%
YUMC	B	0.19%
UMC	F	0.16%
BGNE	D	0.15%
LI	F	0.15%
BEKE	C	0.13%
CHT	C	0.12%
ABEV	F	0.11%
XPEV	C	0.09%
NIO	F	0.09%
TME	F	0.09%
ASAI	F	0.08%
WIT	B	0.08%
BILI	C	0.07%
YMM	D	0.07%
VIPS	F	0.06%
BZ	F	0.06%
ERJ	A	0.06%
BCH	D	0.06%
ITUB	D	0.06%
GGB	C	0.05%
TAL	D	0.05%
UMC	F	0.05%
QFIN	B	0.04%
CHT	C	0.04%
RDY	D	0.03%
CIB	B	0.03%
SBSW	D	0.03%
BRFS	D	0.03%
CSAN	F	0.03%
RLX	C	0.02%
SGRP	D	0.02%
SBS	C	0.02%
WIT	B	0.02%
ATHM	D	0.02%
GDS	C	0.02%
CAR	C	0.02%
DDL	B	0.01%
VNET	C	0.01%
EH	C	0.01%
GOTU	F	0.01%
EC	D	0.01%
CIG	C	0.01%
IMOS	F	0.01%
WB	C	0.01%
BSAC	D	0.01%
CSIQ	F	0.01%
FINV	B	0.01%
DQ	D	0.01%
ERJ	A	0.01%
ELP	F	0.01%
YY	B	0.01%
MOMO	D	0.01%
JKS	F	0.01%
AKO.A	F	0.01%
BSBR	F	0.01%
IQ	F	0.01%
BBD	D	0.01%
ATAT	C	0.01%
ENIC	B	0.0%
BAOS	F	0.0%
JEWL	D	0.0%
GGB	C	0.0%
HUYA	F	0.0%
DAO	C	0.0%
BAK	F	0.0%
ASAI	F	0.0%
DADA	F	0.0%
ATHM	D	0.0%
UBSI	B	0.0%
CAN	C	0.0%
AZUL	F	0.0%
SOHU	F	0.0%
SID	D	0.0%
SQM	D	0.0%

VWO Underweight 43 Positions Relative to GRID

Symbol	Grade	Weight
ETN	B	-9.08%
JCI	B	-8.61%
ABBV	F	-7.76%
PWR	A	-4.51%
HUBB	B	-4.21%
TSLA	A	-2.68%
NVDA	A	-2.41%
APTV	F	-2.36%
ORCL	A	-2.16%
NVT	C	-1.87%
CSCO	B	-1.6%
ENPH	F	-1.52%
TXN	C	-1.35%
IBM	C	-1.34%
QCOM	F	-1.31%
HON	A	-1.03%
ITRI	B	-0.79%
ADI	D	-0.78%
GEV	A	-0.62%
ATKR	D	-0.58%
AEIS	B	-0.57%
EMR	A	-0.53%
NXPI	F	-0.37%
MYRG	C	-0.31%
FLNC	C	-0.17%
AMSC	C	-0.16%
SEDG	F	-0.13%
TRMB	B	-0.12%
WLDN	C	-0.1%
GNRC	B	-0.08%
AES	F	-0.06%
MTZ	B	-0.06%
PLPC	B	-0.06%
WCC	B	-0.06%
VMI	B	-0.05%
LFUS	D	-0.04%
BDC	B	-0.03%
ACA	A	-0.03%
STM	F	-0.02%
ESE	A	-0.02%
ENS	D	-0.02%
DGII	B	-0.01%
AZZ	A	-0.01%

GRID: Top Represented Industries & Keywords

Industries: Electronic Components Semiconductors Diversified Industrials Engineering & Construction Scientific & Technical Instruments Communication Equipment Utilities - Renewable Auto Manufacturers Auto Parts Drug Manufacturers - Major Electronics Distribution Industrial Distribution Information Technology Services Infrastructure Operations Metal Fabrication Semiconductor Equipment & Materials Software - Infrastructure Solar Specialty Industrial Machinery Utilities - Diversified