XCEM vs. BKF ETF Comparison

Comparison of EGShares EM Core ex-China ETF (XCEM) to iShares MSCI BRIC Index Fund (BKF)

XCEM

EGShares EM Core ex-China ETF

XCEM Description

The investment seeks investment results that correspond to the EGAI Emerging Markets ex-China IndexSM. The fund will invest at least 80% of its net assets in the companies included in the underlying index and generally expects to be substantially invested at such times, with at least 95% of its net assets invested in these securities. The underlying index is a market capitalization-weighted index designed to provide broad, core emerging markets equity exposure by measuring the stock performance of up to 700 companies across the EGAI Emerging Markets Universe, excluding those listed or domiciled in China and Hong Kong. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.86

Average Daily Volume

146,204

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BKF

iShares MSCI BRIC Index Fund

BKF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the "underlying index"). The fund will at all times invest at least 80% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a free float-adjusted market capitalization index that is designed to measure the combined equity market performance in Brazil, Russia, India and China ("BRIC").

Grade (RS Rating)

Last Trade

$37.50

Average Daily Volume

4,423

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XCEM	BKF
30 Days	-5.25%	-5.40%
60 Days	-4.92%	3.48%
90 Days	-5.53%	2.80%
12 Months	9.30%	11.81%

3 Overlapping Holdings

Symbol	Grade	Weight in XCEM	Weight in BKF	Overlap
HDB	C	1.95%	2.16%	1.95%
IBN	C	1.92%	1.9%	1.9%
WIT	B	0.25%	0.22%	0.22%

XCEM Overweight 13 Positions Relative to BKF

Symbol	Grade	Weight
INFY	D	1.71%
VALE	F	0.88%
CHT	D	0.65%
KB	C	0.63%
SHG	D	0.56%
ASAI	F	0.41%
UMC	F	0.4%
ERJ	A	0.3%
ABEV	D	0.2%
GGB	B	0.14%
SBSW	D	0.1%
SKM	D	0.09%
BRFS	D	0.07%

XCEM Underweight 11 Positions Relative to BKF

Symbol	Grade	Weight
BABA	D	-4.46%
TCOM	B	-0.94%
BIDU	F	-0.64%
YUMC	B	-0.47%
LI	F	-0.36%
BGNE	D	-0.28%
XPEV	C	-0.21%
TME	F	-0.21%
NIO	F	-0.18%
BILI	C	-0.12%
MNSO	D	-0.05%