# Portfolio overlap — EFIX vs NERAX Comparing **First Trust TCW Emerging Markets Debt ETF** (2025-02-28) and **Neuberger Berman Emerging Markets Debt Fund** (2025-07-31). - Shared positions: 35 - First Trust TCW Emerging Markets Debt ETF covered by Neuberger Berman Emerging Markets Debt Fund: 0.06871094653036446683068889954 - Neuberger Berman Emerging Markets Debt Fund covered by First Trust TCW Emerging Markets Debt ETF: 0.06871094653036446683068889953 ## First Trust TCW Emerging Markets Debt ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | SENEGAL REP OF | 0.018277 | | | SAUDI INT BOND | 0.017591 | | | SAUDI INT BOND | 0.016948 | | | OMAN INTRNL BOND | 0.015370 | | | REPUBLIC OF GABO | 0.014046 | | | Egypt Government International Bonds | 0.013100 | | | GREENSAIF PIPELI | 0.012576 | | | SENEGAL REP OF | 0.011856 | | | STATE OF ISRAEL | 0.011519 | | | UNITED MEXICAN | 0.011264 | | | REPUBLIC OF COLOMBIA REGD 7.75000000 | 0.011226 | | | Istanbul Metropolitan Municipality | 0.010788 | | | KINGDOM OF BAHRAIN 6.750000% 09/20/2029 | 0.010152 | | | TURKIYE REP OF | 0.009922 | | | PHILIPPINES(REP) | 0.009911 | | | Hungary Government International Bonds | 0.009712 | | | South Africa Government Bond | 0.009680 | | | INDONESIA (REP) | 0.009619 | | | FED REPUBLIC OF BRAZIL SR UNSECURED 05/54 7.125 | 0.009618 | | | LEBANON GOVERNMENT INTERNATIONAL BOND MTN 8.250000% 04/12/2021 | 0.009296 | | | REP OF NIGERIA | 0.009171 | | | Costa Rica Government International Bond | 0.009155 | ✓ | | Republic of Angola | 0.009072 | | | Egypt Government International Bonds | 0.008815 | | | FED REPUBLIC OF BRAZIL REGD 6.00000000 | 0.008681 | | | SOUTH AFRICA REPUBLIC OF 5.65% 09/27/2047 | 0.008527 | ✓ | | UNITED MEXICAN | 0.008061 | | | Egypt Government International Bonds | 0.007911 | | | Presidencia de la Republica Dominicana | 0.007549 | | | The Democratic Socialist Republic of Sri Lanka | 0.007514 | | | Corp. Nacional del Cobre de Chile | 0.007446 | | | FRIDPT 5.315 04/14/32 144A | 0.007433 | | | Egypt Government International Bonds | 0.007252 | | | Romanian Government International Bond | 0.007183 | | | REPUBLIC OF COLOMBIA REGD 8.75000000 | 0.007060 | | | INDONESIA (REP) | 0.007046 | | | SENEGAL REP OF | 0.006673 | | | Republic of Angola | 0.006446 | | | Ecopetrol S.A. | 0.006287 | | | SAMMIN 9.5 06/30/31 144A | 0.006223 | ✓ | | REPUBLIC OF ARGENTINA SR UNSECURED 07/30 VAR | 0.006053 | ✓ | | ROMANIA REPUBLIC OF 7.625% 01/17/2053 144A | 0.006043 | | | GALAXY PIPELINE ASSETS BIDCO LTD 2.625% 03/31/2036 144A | 0.006037 | ✓ | | BAHRAIN KINGDOM 7.5% 02/12/2036 144A | 0.005882 | | | BGOSK 5.75 07/09/34 144A | 0.005832 | | | TURKIYE REP OF | 0.005821 | | | PHILIPPINES(REP) | 0.005756 | | | ROMANIA REGD 144A P/P 6.37500000 | 0.005745 | | | Kingdom of Bahrain | 0.005648 | | | URUGUAY | 0.005646 | | ## Neuberger Berman Emerging Markets Debt Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | State Street Navigator Securities Lending Portfolio II | 0.040952 | | | South Africa, Parliament of | 0.025934 | | | Republic of Indonesia, The Government of, The | 0.015834 | | | TURKIYE GOVERNMENT BOND TRY 26.2% 10-05-33 | 0.014455 | | | MEXICO UNITED MEXICAN STATES 7.75% 11/13/2042 | 0.014199 | | | South Africa, Parliament of | 0.012971 | | | Urzad Rady Ministrow | 0.010980 | | | Presidencia da Republica | 0.010780 | | | Republic of Indonesia | 0.010590 | | | Presidencia de la Republica de Chile | 0.010387 | | | Presidencia da Republica | 0.010240 | | | Republic of Indonesia | 0.010237 | | | US ULTRA BOND CBT Sep25 | 0.009682 | | | Petroleos Mexicanos | 0.008786 | ✓ | | Urzad Rady Ministrow | 0.008431 | | | Urzad Rady Ministrow | 0.008361 | | | THAILAND KINGDOM OF 2.41% 03/17/2035 | 0.008313 | | | INDONESIA TREASURY BOND IDR 6.375% 08-15-28 | 0.007708 | | | Egypt Government International Bonds | 0.007650 | | | SOUTH AFRICA REPUBLIC OF 6.5% 02/28/2041 | 0.007448 | | | International Bank for Reconstruction & Development | 0.007349 | | | THAILAND GOVT | 0.006952 | | | Republic of Indonesia, The Government of, The | 0.006411 | | | MALAYSIA GOVT OF 4.696% 10/15/2042 | 0.006402 | | | Presidencia da Republica | 0.006396 | ✓ | | State Oil Co. of the Azerbaijan Republic | 0.005952 | | | ROMANIA GOVT | 0.005877 | | | MALAYSIA GOVT | 0.005813 | | | Urad Vlady Ceske Republiky | 0.005669 | | | MALAYSIA GOVT | 0.005460 | | | Sandor-Palota | 0.005390 | | | MALAYSIA GOVT OF 4.893% 06/08/2038 | 0.005238 | | | INTL BK RECON/DEV SR UNSEC 6.75% 07-13-29 | 0.005179 | | | ROMANIAN GOVERNMENT INTERNATIONAL BOND EUR REG S 2.0% 01-28-32 | 0.005113 | | | THAILAND KINGDOM OF 3.45% 06/17/2043 | 0.004995 | | | Republic of El Salvador | 0.004945 | ✓ | | Sultanate of Oman Government Bond | 0.004865 | | | Republic of Indonesia | 0.004833 | | | Republic of Cote d'Ivoire | 0.004743 | | | Czech Republic Government Bonds | 0.004504 | | | REPUBLIC OF NIGERIA 8.747000% 01/21/2031 | 0.004504 | | | Republic of Cote d'Ivoire | 0.004477 | | | PERU REPUBLIC OF 5.35% 08/12/2040 | 0.004475 | | | Colombia Titulos de Tesoreria, Series B | 0.004396 | | | REPUBLIC OF ARGENTINA SR UNSECURED 07/30 VAR | 0.004327 | ✓ | | PT. Bank Negara Indonesia (persero) | 0.004231 | | | REPUBLIC OF ECUADOR 6.900000% 07/31/2035 | 0.004080 | ✓ | | FEDERAL REP OF ETHIOPIA 6.625000% 12/11/2024 | 0.004040 | | | REPUBLIC OF GHANA SR UNSECURED 144A 07/29 VAR | 0.004040 | ✓ | | THAILAND KINGDOM OF 3.3% 06/17/2038 | 0.003999 | | ## Sources - N-PORT (fund A) — accession `0001752724-25-087092` (as of 2025-02-28) - N-PORT (fund B) — accession `0001410368-25-009386` (as of 2025-07-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _