VWO vs. SPEM ETF Comparison

Comparison of Vanguard FTSE Emerging Markets ETF (VWO) to SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF (SPEM)

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

$48.21

Average Daily Volume

8,775,843

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPEM

SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF

SPEM Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.67

Average Daily Volume

1,381,006

Number of Holdings ^*

104

* may have additional holdings in another (foreign) market

Performance

Period	VWO	SPEM
30 Days	8.12%	7.98%
60 Days	12.21%	12.53%
90 Days	8.24%	8.57%
12 Months	27.03%	28.05%

32 Overlapping Holdings

Symbol	Grade	Weight in VWO	Weight in SPEM	Overlap
ABEV	C	0.12%	0.13%	0.12%
ASAI	F	0.09%	0.06%	0.06%
BABA	A	2.06%	1.92%	1.92%
BCH	B	0.06%	0.02%	0.02%
BEKE	A	0.11%	0.12%	0.11%
BGNE	B	0.11%	0.14%	0.11%
BIDU	C	0.27%	0.28%	0.27%
BILI	A	0.05%	0.04%	0.04%
BRFS	C	0.04%	0.05%	0.04%
BZ	C	0.05%	0.04%	0.04%
CHT	C	0.05%	0.19%	0.05%
CHT	C	0.13%	0.19%	0.13%
ERJ	C	0.06%	0.12%	0.06%
GGB	C	0.05%	0.07%	0.05%
HDB	C	1.28%	1.28%	1.28%
IBN	C	0.54%	0.95%	0.54%
ITUB	C	0.07%	0.41%	0.07%
LI	C	0.12%	0.14%	0.12%
NIO	C	0.06%	0.09%	0.06%
PDD	D	0.79%	0.8%	0.79%
TAL	C	0.04%	0.04%	0.04%
TCOM	B	0.29%	0.27%	0.27%
TME	D	0.08%	0.07%	0.07%
UMC	D	0.06%	0.27%	0.06%
UMC	D	0.18%	0.27%	0.18%
VALE	C	0.48%	0.02%	0.02%
VALE	C	0.48%	0.43%	0.43%
VIPS	C	0.05%	0.05%	0.05%
WIT	B	0.09%	0.16%	0.09%
XPEV	C	0.06%	0.06%	0.06%
YMM	B	0.06%	0.06%	0.06%
YUMC	C	0.13%	0.17%	0.13%

VWO Overweight 1 Positions Relative to SPEM

	Symbol	Grade	Weight
	BAOS	D	0.0%

VWO Underweight 74 Positions Relative to SPEM

Symbol	Grade	Weight
INFY	C	-0.89%
NU	D	-0.46%
PBR	D	-0.29%
BBD	C	-0.18%
RDY	D	-0.17%
BAP	B	-0.15%
ZTO	A	-0.12%
SCCO	B	-0.12%
EBR	D	-0.1%
CIG	B	-0.1%
BVN	D	-0.07%
MMYT	D	-0.07%
ENIC	D	-0.05%
CSAN	D	-0.04%
SBSW	D	-0.04%
CIB	F	-0.04%
SID	D	-0.03%
VIST	D	-0.03%
GDS	B	-0.03%
STNE	F	-0.03%
LEGN	F	-0.03%
QFIN	B	-0.03%
SUZ	D	-0.03%
RLX	D	-0.02%
BAK	D	-0.02%
SBLK	B	-0.02%
YY	C	-0.02%
SIMO	F	-0.02%
ATHM	A	-0.02%
PAGS	F	-0.02%
GRIN	D	-0.02%
RNW	D	-0.01%
DAC	B	-0.01%
GOTU	D	-0.01%
HIMX	F	-0.01%
BWMX	F	-0.01%
TEN	D	-0.01%
IQ	D	-0.01%
VTEX	C	-0.01%
SB	C	-0.01%
JKS	C	-0.01%
HEPS	D	-0.01%
MOMO	A	-0.01%
DQ	C	-0.01%
MNSO	C	-0.01%
GPI	C	-0.0%
VSTA	F	-0.0%
IH	C	-0.0%
NIU	B	-0.0%
TUYA	C	-0.0%
DADA	C	-0.0%
DOYU	B	-0.0%
DAO	B	-0.0%
CAN	D	-0.0%
BTBT	D	-0.0%
API	C	-0.0%
LX	A	-0.0%
DSX	D	-0.0%
HUYA	C	-0.0%
CBAT	D	-0.0%
NEXA	B	-0.0%
NOAH	B	-0.0%
CINT	C	-0.0%
SOHU	B	-0.0%
FINV	A	-0.0%
AFYA	D	-0.0%
YALA	D	-0.0%
RERE	D	-0.0%
DDL	A	-0.0%
VNET	B	-0.0%
BLTE	D	-0.0%
TIGR	A	-0.0%
WB	C	-0.0%
EH	D	-0.0%