# Portfolio overlap — PRAMX vs EMDM

Comparing **T. Rowe Price Africa & Middle East Fund** (2026-01-31) and **First Trust Bloomberg Emerging Market Democracies ETF** (2026-03-31).

- Shared positions: 5
- T. Rowe Price Africa & Middle East Fund covered by First Trust Bloomberg Emerging Market Democracies ETF: 0.09302111933076481144191140997
- First Trust Bloomberg Emerging Market Democracies ETF covered by T. Rowe Price Africa & Middle East Fund: 0.09302111933076481144191140997

## T. Rowe Price Africa & Middle East Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| AL RAJHI BANK | 0.101800 |  |
| SAUDI NATIONAL B | 0.060439 |  |
| ANGLOGOLD ASHANTI PLC | 0.049337 | ✓ |
| TREASURY RESERVE FUND - Collateral | 0.046857 |  |
| NASPERS NPV | 0.041596 | ✓ |
| QATAR NATIONAL B | 0.038376 |  |
| FIRSTRAND LTD | 0.037107 | ✓ |
| CAPITEC BANK HOLDINGS LTD COMMON STOCK | 0.035938 | ✓ |
| NATL BANK KUWAIT | 0.030158 |  |
| ETIHAD ETISALAT | 0.027416 |  |
| ABU DHABI COMMER | 0.020346 |  |
| VALTERRA PLATINU | 0.020035 |  |
| SAUDI ARABIAN OI | 0.019695 |  |
| EMAAR PROP PJSC | 0.019672 |  |
| MTN GROUP LTD | 0.018832 | ✓ |
| DISCOVERY LTD COMMON STOCK | 0.015914 |  |
| SAUDI BRITISH BK | 0.015741 |  |
| BID CORP LTD | 0.015101 |  |
| EMIRATES NBD PJS | 0.014428 |  |
| BUPA ARABIA | 0.014379 |  |
| BOURSA KUWAIT SE | 0.014344 |  |
| ABU DHABI ISLAMI | 0.013618 |  |
| SUSTAINED INFRASTRUCTURE HOLDING CO | 0.013570 |  |
| SABIC | 0.012463 |  |
| Bidvest Group, The | 0.012401 |  |
| IMPALA PLATINUM | 0.012305 |  |
| WOOLWORTHS HLDGS | 0.012068 |  |
| CLICKS GROUP LTD COMMON STOCK | 0.011932 |  |
| QATAR GAS TRANSP | 0.010813 |  |
| MONTAGE GOLD CORP | 0.010695 |  |
| PARKIN CO PJSC | 0.010292 |  |
| ADNOC DRILLING C | 0.010075 |  |
| NORTHAM PLATINUM HOLDINGS LTD | 0.009632 |  |
| PICK'N PAY STORE | 0.009535 |  |
| PROSUS NV | 0.009419 |  |
| INDUSTRIES QATAR | 0.009070 |  |
| ALDAR PROPERTIES | 0.008499 |  |
| GULF BANK | 0.008231 |  |
| COMMERCIAL INTERNATIONAL BANK - EGYPT (CIB) | 0.007968 |  |
| ENDEAVOUR MINING | 0.007864 |  |
| HIGHTECH PAYMENT SYSTEMS SA | 0.007793 |  |
| UNITED INTERNATI | 0.007622 |  |
| OUTSURANCE GROUP | 0.007482 |  |
| DUBAI TAXI CO PJSC | 0.007469 |  |
| LABEL VIE | 0.006650 |  |
| ALUMINIUM BAHRAIN BSC | 0.006426 |  |
| ADNOC LOGISTICS | 0.006328 |  |
| GUARANTY TRUST HOLDING CO PL COMMON STOCK | 0.005601 |  |
| POWER & WATER UT | 0.005596 |  |
| ADVANCED PETROCH | 0.005459 |  |

## First Trust Bloomberg Emerging Market Democracies ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| SAMSUNG ELECTRONICS CO LTD | 0.116600 |  |
| TSMC | 0.104101 |  |
| GRUPO MEXICO-B | 0.054375 |  |
| SK HYNIX INC | 0.049601 |  |
| PETROBRAS-PREF | 0.038613 |  |
| ANGLOGOLD ASHANTI PLC | 0.028877 | ✓ |
| COMMON STOCK | 0.027900 |  |
| GRUPO F BANORT-O | 0.025178 |  |
| ITAU UNIBAN-PREF | 0.024843 |  |
| OTP BANK (REG) | 0.024801 |  |
| NASPERS NPV | 0.024236 | ✓ |
| PKN ORLEN | 0.024143 |  |
| GOLD FIELDS LTD | 0.023800 |  |
| PKOBP | 0.023237 |  |
| VALE SA | 0.022981 |  |
| FOMENTO ECON-UBD | 0.018730 |  |
| CREDICORP LTD | 0.016461 |  |
| FIRSTRAND LTD | 0.015502 | ✓ |
| PEKAO | 0.014253 |  |
| STANDARD BANK GR | 0.013984 |  |
| WALMART DE MEXIC | 0.013202 |  |
| CAPITEC BANK HOLDINGS LTD COMMON STOCK | 0.013055 | ✓ |
| HDFC BANK LTD | 0.012179 |  |
| BRADESCO SA-PREF | 0.011870 |  |
| MTN GROUP LTD | 0.011351 | ✓ |
| BANCO SANTA-UNIT | 0.011042 |  |
| RELIANCE INDUSTRIES LTD(DEMAT)DEMATERIALIZED SHS | 0.009748 |  |
| WEG SA | 0.009718 |  |
| ICICI BANK LTD | 0.009516 |  |
| B3 SA | 0.009215 |  |
| HYUNDAI MOTOR CO | 0.008923 |  |
| ITAUSA SA - PREFERRED SHARES | 0.008341 |  |
| DELTA ELEC | 0.007888 |  |
| AXIA ENERGIA | 0.007766 |  |
| HON HAI | 0.006808 |  |
| MEDIATEK | 0.006496 |  |
| BANCO DO BRASIL | 0.006288 |  |
| AMBEV SA | 0.006285 |  |
| BHARTI AIRTEL LIMITED | 0.005707 |  |
| KB FINANCIAL GRO | 0.005697 |  |
| DREY-GVT CSH-I | 0.004954 |  |
| HANWHA AEROSPACE | 0.004948 |  |
| INFOSYS LTD COMMON STOCK | 0.004695 |  |
| SHINHAN FINANCIA | 0.004453 |  |
| LARSEN and TOUBRO LTD | 0.003997 |  |
| STATE BANK IND | 0.003954 |  |
| KIA CORP | 0.003755 |  |
| AXIS BK LTD | 0.003707 |  |
| ASE TECHNOLOGY H | 0.003495 |  |
| HANA FINANCIAL G | 0.003265 |  |


## Sources

- N-PORT (fund A) — accession `0001099263-26-003711` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/313212/000109926326003711/0001099263-26-003711-index.htm>
- N-PORT (fund B) — accession `0000940400-26-020524` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1364608/000094040026020524/0000940400-26-020524-index.htm>

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