Trend Table for GSLC - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	A	Very Strong	Up	Up	Up	28.03%
Dec 26	B	Very Strong	Up	Up	Up	28.25%
Dec 22	A	Very Strong	Up	Up	Up	28.75%
Dec 21	A	Very Strong	Up	Up	Up	29.03%
Dec 20	A	Very Strong	Up	Up	Flat	30.22%
Dec 19	A	Very Strong	Up	Up	Up	28.40%
Dec 18	A	Very Strong	Up	Up	Up	29.24%
Dec 15	A	Very Strong	Up	Up	Up	29.90%
Dec 14	A	Strong	Up	Up	Up	29.51%
Dec 13	A	Strong	Up	Up	Up	29.85%