GDEF vs. DEMZ ETF Comparison

Comparison of Goldman Sachs ETF Trust Goldman Sachs Defensive Equity ETF (GDEF) to DEMZ Political Contributions ETF (DEMZ)

GDEF

Goldman Sachs ETF Trust Goldman Sachs Defensive Equity ETF

GDEF Description

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in a diversified portfolio of equity investments in U.S. issuers with public stock market capitalizations within the range of the market capitalization of the S&P 500® Index at the time of investment and other instruments with similar economic exposures.

Grade (RS Rating)

Last Trade

$48.49

Average Daily Volume

171

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DEMZ

DEMZ Political Contributions ETF

DEMZ Description

The investment seeks to track the total return performance, before fees and expenses, of the DEMZ Political Contribution Index. The index is a subset of the S&P 500® Index designed to provide exposure to companies that make political contributions to Democratic Party candidates and political action committees above a certain threshold. Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities included in the index.

Grade (RS Rating)

Last Trade

$35.80

Average Daily Volume

2,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GDEF	DEMZ
30 Days	0.99%	2.22%
60 Days	3.39%	5.21%
90 Days	2.99%	4.69%
12 Months	9.94%	36.01%

4 Overlapping Holdings

Symbol	Grade	Weight in GDEF	Weight in DEMZ	Overlap
AAPL	C	5.04%	5.02%	5.02%
GOOGL	D	3.39%	2.22%	2.22%
MSFT	C	5.41%	4.75%	4.75%
NVDA	C	4.54%	4.26%	4.26%

GDEF Overweight 4 Positions Relative to DEMZ

Symbol	Grade	Weight
BRK.A	C	1.04%
V	C	1.02%
XOM	D	0.98%
UNH	C	0.85%

GDEF Underweight 47 Positions Relative to DEMZ

Symbol	Grade	Weight
L	D	-4.94%
COST	C	-4.88%
IBM	B	-3.71%
APH	C	-3.58%
META	B	-3.38%
DIS	D	-2.73%
CL	C	-2.65%
DHR	B	-2.6%
ADP	C	-2.48%
KLAC	D	-2.14%
XYL	C	-2.07%
SYK	C	-2.05%
EG	B	-2.02%
GOOG	D	-1.99%
BWA	C	-1.89%
KIM	C	-1.84%
AVY	C	-1.79%
AMT	C	-1.75%
KMB	C	-1.73%
OMC	B	-1.68%
LRCX	D	-1.59%
PAYX	C	-1.58%
A	C	-1.56%
ROST	C	-1.51%
MCO	C	-1.44%
AMD	C	-1.35%
CRM	C	-1.34%
NDSN	C	-1.33%
NOW	C	-1.22%
RL	B	-1.2%
ADSK	B	-1.15%
IT	C	-1.14%
MSCI	C	-1.11%
ADBE	F	-1.08%
HSIC	C	-1.07%
KMX	D	-1.07%
ANET	C	-1.06%
VLTO	B	-1.04%
NFLX	B	-1.03%
HRL	F	-1.03%
BKNG	B	-1.02%
EA	D	-1.01%
ULTA	D	-0.99%
TPR	A	-0.99%
CDW	D	-0.96%
CDNS	D	-0.85%
SNPS	F	-0.82%