GEM vs. FLCH ETF Comparison

Comparison of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) to Franklin FTSE China ETF (FLCH)

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$33.19

Average Daily Volume

67,722

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLCH

Franklin FTSE China ETF

FLCH Description

The investment seeks to provide investment results that closely correspond the FTSE China RIC Capped Index (the FTSE China Capped Index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the FTSE China Index and is designed to measure the performance of Chinese large- and mid-capitalization stocks, as represented by H-Shares and B-Shares. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$18.87

Average Daily Volume

111,316

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GEM	FLCH
30 Days	-4.28%	-5.08%
60 Days	-0.55%	13.10%
90 Days	-1.04%	13.40%
12 Months	12.25%	14.10%

15 Overlapping Holdings

Symbol	Grade	Weight in GEM	Weight in FLCH	Overlap
ATHM	C	0.07%	0.07%	0.07%
BABA	D	1.93%	8.17%	1.93%
BEKE	D	0.05%	0.51%	0.05%
BGNE	D	0.11%	0.52%	0.11%
BIDU	F	0.15%	0.99%	0.15%
BZ	F	0.03%	0.18%	0.03%
IQ	F	0.03%	0.04%	0.03%
LI	F	0.06%	0.52%	0.06%
PDD	F	0.75%	3.32%	0.75%
QFIN	A	0.2%	0.14%	0.14%
TAL	F	0.06%	0.17%	0.06%
TCOM	B	0.18%	1.5%	0.18%
TME	D	0.1%	0.33%	0.1%
VIPS	F	0.2%	0.2%	0.2%
YUMC	C	0.24%	0.76%	0.24%

GEM Overweight 25 Positions Relative to FLCH

Symbol	Grade	Weight
IBN	C	0.8%
HDB	C	0.46%
VALE	F	0.41%
KB	B	0.27%
SKM	C	0.22%
WIT	B	0.21%
SHG	C	0.2%
UMC	F	0.18%
NU	C	0.14%
BCH	C	0.09%
SCCO	F	0.09%
KT	A	0.09%
GGB	C	0.09%
BAP	A	0.08%
ABEV	F	0.07%
CHT	C	0.06%
ERJ	A	0.05%
XP	F	0.05%
LPL	D	0.04%
BRFS	C	0.04%
KEP	B	0.04%
ASAI	F	0.04%
CSAN	F	0.04%
BVN	D	0.03%
PAGS	F	0.03%

GEM Underweight 9 Positions Relative to FLCH

Symbol	Grade	Weight
XPEV	C	-0.39%
BILI	D	-0.26%
NIO	F	-0.26%
YMM	C	-0.26%
GDS	C	-0.1%
RLX	C	-0.05%
DQ	F	-0.04%
YY	B	-0.04%
WB	D	-0.03%