XCEM vs. UIVM ETF Comparison

Comparison of EGShares EM Core ex-China ETF (XCEM) to VictoryShares USAA MSCI International Value Momentum ETF (UIVM)

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

$32.34

Average Daily Volume

197,841

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UIVM

VictoryShares USAA MSCI International Value Momentum ETF

UIVM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the MSCI World ex USA Select Value Momentum Blend Index. The fund invests at least 80% of its assets in securities in the index, depositary receipts on securities in the index and securities underlying depositary receipts in the index. The index delivers exposure to equity market performance in non-U.S. developed markets and provides higher exposure to value and momentum factors within the MSCI World ex USA Index while also maintaining moderate index turnover and lower realized volatility than traditional capitalization weighted indexes.

Grade (RS Rating)

Last Trade

$49.78

Average Daily Volume

1,502

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XCEM	UIVM
30 Days	1.08%	1.95%
60 Days	7.18%	9.22%
90 Days	-1.25%	2.63%
12 Months	21.33%	24.38%

3 Overlapping Holdings

Symbol	Grade	Weight in XCEM	Weight in UIVM	Overlap
KB	D	0.56%	0.3%	0.3%
SHG	D	0.57%	0.36%	0.36%
SKM	C	0.09%	0.9%	0.09%

XCEM Overweight 13 Positions Relative to UIVM

Symbol	Grade	Weight
IBN	C	1.87%
HDB	D	1.87%
INFY	B	1.72%
VALE	D	0.9%
CHT	C	0.66%
UMC	D	0.45%
ASAI	F	0.42%
ERJ	C	0.3%
WIT	C	0.24%
ABEV	B	0.21%
GGB	B	0.13%
SBSW	C	0.08%
BRFS	D	0.07%

XCEM Underweight 10 Positions Relative to UIVM

Symbol	Grade	Weight
WCN	D	-0.97%
E	C	-0.71%
LYG	C	-0.6%
KT	C	-0.57%
WFG	C	-0.5%
BCS	B	-0.46%
AGCO	D	-0.41%
HMC	D	-0.37%
SMFG	D	-0.35%
MFG	B	-0.32%