GINN vs. TLTE ETF Comparison

Comparison of Goldman Sachs Innovate Equity ETF (GINN) to FlexShares Morningstar Emerging Markets Factor Tilt Index Fund (TLTE)

GINN

Goldman Sachs Innovate Equity ETF

GINN Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Innovative Global Equity Index. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its index, in depositary receipts representing securities included in its index and in underlying stocks in respect of depositary receipts included in its index. The index is designed to deliver exposure to companies that may benefit from technological innovation and the resulting changes in the economy across five key themes that are potential drivers of changes in the economy.

Grade (RS Rating)

Last Trade

$53.84

Average Daily Volume

8,047

Number of Holdings ^*

328

* may have additional holdings in another (foreign) market

TLTE

FlexShares Morningstar Emerging Markets Factor Tilt Index Fund

TLTE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MorningstarÂ® Emerging Markets Factor Tilt IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index reflects the performance of a selection of equity securities designed to provide broad exposure to the global emerging equities markets, with increased exposure (or a "tilt") to small-capitalization stocks and value stocks.

Grade (RS Rating)

Last Trade

$51.50

Average Daily Volume

14,518

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GINN	TLTE
30 Days	-3.82%	0.59%
60 Days	-0.97%	1.07%
90 Days	3.00%	3.17%
12 Months	19.93%	11.51%

13 Overlapping Holdings

Symbol	Grade	Weight in GINN	Weight in TLTE	Overlap
ATAT	C	0.11%	0.01%	0.01%
BABA	C	0.94%	1.65%	0.94%
BIDU	D	0.48%	0.18%	0.18%
BILI	B	0.14%	0.02%	0.02%
IQ	A	0.13%	0.01%	0.01%
LI	F	0.2%	0.08%	0.08%
NIO	F	0.14%	0.04%	0.04%
PDD	B	0.33%	0.51%	0.33%
TAL	B	0.12%	0.04%	0.04%
TME	A	0.23%	0.04%	0.04%
WB	D	0.09%	0.01%	0.01%
XPEV	F	0.15%	0.03%	0.03%
YY	B	0.11%	0.01%	0.01%

GINN Overweight 315 Positions Relative to TLTE

Symbol	Grade	Weight
NVDA	B	2.36%
GOOGL	A	2.22%
AMZN	A	2.08%
MSFT	D	1.99%
AAPL	F	1.82%
META	D	1.77%
LLY	D	1.05%
NVO	B	0.9%
TSLA	D	0.74%
JNJ	F	0.74%
AMD	C	0.73%
MA	C	0.72%
ABBV	D	0.71%
V	C	0.7%
INTC	F	0.68%
TSM	B	0.67%
AVGO	B	0.66%
WMT	A	0.66%
SE	B	0.65%
TM	D	0.65%
ABT	C	0.64%
MRK	A	0.64%
DIS	D	0.59%
GE	A	0.56%
MELI	D	0.56%
GS	A	0.54%
SQ	C	0.54%
ABBV	D	0.53%
MDT	D	0.51%
ISRG	C	0.5%
PFE	F	0.5%
VRTX	C	0.5%
TMO	B	0.49%
QCOM	B	0.49%
COIN	B	0.48%
BLK	C	0.46%
CSCO	D	0.46%
CMCSA	F	0.46%
SYK	C	0.46%
BMY	F	0.46%
AMGN	D	0.44%
TER	B	0.43%
KKR	C	0.42%
REGN	D	0.41%
CRM	D	0.4%
PYPL	A	0.4%
GM	A	0.39%
DXCM	B	0.39%
BX	C	0.38%
GEHC	C	0.38%
UBER	D	0.37%
F	B	0.37%
APO	B	0.37%
MS	A	0.36%
NU	C	0.36%
SCHW	A	0.36%
NTES	D	0.36%
NKE	F	0.36%
NFLX	D	0.35%
BSX	A	0.34%
ADBE	D	0.34%
IBM	D	0.34%
GRAB	A	0.33%
DHR	C	0.33%
MRNA	B	0.33%
SPOT	A	0.32%
ORCL	C	0.31%
NEE	A	0.31%
EW	D	0.31%
CRWD	C	0.29%
LMT	A	0.29%
FTNT	D	0.29%
MSTR	D	0.29%
AMP	D	0.29%
PANW	B	0.28%
ABNB	B	0.28%
HMC	D	0.28%
A	C	0.27%
SPGI	C	0.27%
NOW	D	0.27%
EA	D	0.27%
DFS	A	0.26%
APTV	F	0.25%
EQIX	F	0.25%
ZBRA	B	0.25%
IBKR	A	0.25%
SHOP	C	0.25%
LH	F	0.25%
JD	B	0.25%
ADSK	F	0.24%
ANET	C	0.24%
EBAY	A	0.24%
AGR	B	0.24%
GPN	C	0.24%
MRVL	C	0.24%
BAX	C	0.24%
TECH	D	0.23%
GILD	F	0.23%
EXAS	F	0.23%
HPE	A	0.23%
ILMN	D	0.23%
AMT	F	0.22%
DKS	A	0.22%
FIS	B	0.22%
LYV	D	0.22%
DLR	B	0.22%
SNOW	D	0.22%
NTRS	B	0.21%
LULU	D	0.21%
KEYS	C	0.21%
VRSK	D	0.21%
CRBG	B	0.21%
MSCI	F	0.21%
CLSK	B	0.2%
APH	A	0.2%
MASI	B	0.2%
PODD	F	0.2%
NOK	B	0.2%
FSLR	A	0.2%
TXT	B	0.2%
CG	B	0.2%
AVAV	A	0.2%
OKTA	D	0.19%
FICO	D	0.19%
SMCI	C	0.19%
HPQ	D	0.19%
MOG.A	A	0.19%
SRPT	B	0.19%
NXPI	B	0.19%
SSNC	C	0.18%
HOOD	B	0.18%
SOFI	C	0.17%
JKHY	D	0.17%
CRSP	F	0.17%
NTRA	A	0.17%
LDOS	A	0.17%
STT	B	0.17%
PTC	C	0.17%
EDR	A	0.17%
MORN	D	0.17%
JNPR	D	0.16%
PATH	D	0.16%
ZS	D	0.16%
QGEN	D	0.16%
AMBA	F	0.16%
NET	C	0.16%
CGNX	C	0.16%
EVR	D	0.16%
CVNA	B	0.16%
GLW	C	0.15%
QTWO	A	0.15%
RBA	C	0.15%
ACIW	A	0.15%
CYBR	C	0.15%
WBD	F	0.15%
NICE	D	0.15%
OII	A	0.15%
TNDM	A	0.15%
TW	C	0.15%
LVS	F	0.15%
CZR	F	0.15%
EXEL	A	0.15%
BNTX	F	0.15%
TOST	B	0.14%
AKAM	D	0.14%
BAH	C	0.14%
FUSN	A	0.14%
TTWO	D	0.14%
SANA	C	0.14%
EEFT	C	0.14%
GMED	F	0.14%
HUBS	B	0.14%
DUOL	B	0.14%
BGC	B	0.13%
FFIV	C	0.13%
NTLA	F	0.13%
MTCH	F	0.13%
RIVN	F	0.13%
PRCT	A	0.13%
ETSY	D	0.13%
LYFT	D	0.13%
SNX	A	0.13%
SMTC	A	0.13%
NOVT	C	0.13%
IDYA	C	0.13%
CACI	A	0.13%
LCID	F	0.13%
SF	A	0.12%
DLO	F	0.12%
MYGN	F	0.12%
ALTR	C	0.12%
PINS	C	0.12%
CHKP	D	0.12%
STNE	C	0.12%
AHCO	C	0.12%
AUR	B	0.12%
SNAP	A	0.12%
MARA	D	0.12%
SWKS	B	0.11%
TENB	C	0.11%
IRTC	B	0.11%
PSN	C	0.11%
ASO	C	0.11%
DOCU	A	0.11%
S	C	0.11%
IVZ	F	0.11%
GH	F	0.11%
COHR	C	0.11%
MGM	F	0.11%
BDC	C	0.11%
AFRM	D	0.11%
RCKT	F	0.11%
GHC	C	0.11%
RIOT	D	0.1%
W	F	0.1%
TPG	C	0.1%
QRVO	B	0.1%
EXLS	F	0.1%
OTEX	D	0.1%
GME	F	0.1%
IDCC	C	0.1%
LRN	B	0.1%
ALRM	C	0.1%
VCYT	F	0.1%
FOUR	F	0.1%
UFPT	D	0.1%
MRVI	F	0.1%
ZETA	A	0.1%
HLNE	B	0.1%
ASGN	D	0.09%
NCNO	F	0.09%
MNKD	C	0.09%
CHWY	F	0.09%
CIFR	A	0.09%
MSGS	B	0.09%
BEAM	F	0.09%
ALKT	B	0.09%
OSIS	B	0.09%
AI	F	0.09%
RPAY	B	0.09%
PAGS	C	0.09%
TXG	F	0.09%
RNG	D	0.08%
AY	A	0.08%
INDI	D	0.08%
CIEN	D	0.08%
PRLB	F	0.08%
PLNT	D	0.08%
VIRT	A	0.08%
MOMO	D	0.08%
EXTR	F	0.08%
SSYS	F	0.08%
INST	F	0.08%
SPT	F	0.08%
IMCR	D	0.08%
DGII	B	0.08%
MSGE	A	0.08%
GLOB	F	0.08%
MQ	F	0.08%
VRNA	F	0.08%
COLM	B	0.08%
RGNX	F	0.07%
NTCT	D	0.07%
ALXO	A	0.07%
MXL	C	0.07%
PJT	C	0.07%
BMBL	D	0.07%
IMTX	F	0.07%
NNDM	F	0.07%
FL	D	0.07%
RNW	F	0.07%
SNEX	B	0.07%
RPD	D	0.07%
EVRI	F	0.07%
NKLA	F	0.07%
TDOC	F	0.07%
ZD	F	0.07%
FLGT	F	0.07%
COUR	F	0.06%
MD	D	0.06%
PENN	D	0.06%
ADPT	F	0.06%
IDT	D	0.06%
CHGG	F	0.06%
ALLO	F	0.06%
SYNA	D	0.06%
INFN	C	0.06%
RUN	F	0.06%
DDD	F	0.06%
SLAB	D	0.06%
EDIT	F	0.06%
VRTS	C	0.06%
PTON	F	0.06%
PLTK	D	0.06%
CVAC	F	0.05%
XMTR	F	0.05%
CHPT	F	0.05%
ORIC	F	0.05%
IRDM	B	0.05%
LQDT	D	0.05%
CSIQ	F	0.05%
UDMY	D	0.05%
PSNY	F	0.05%
BIGC	F	0.05%
SABR	B	0.04%
TIXT	F	0.04%
SPWR	F	0.04%
VERV	F	0.04%
YALA	D	0.04%
UPST	F	0.04%
GCBC	A	0.03%
TYRA	C	0.03%
PACB	F	0.02%
TTEC	F	0.02%
RBBN	B	0.02%

GINN Underweight 43 Positions Relative to TLTE

Symbol	Grade	Weight
HDB	B	-0.64%
VALE	D	-0.49%
IBN	A	-0.43%
KB	B	-0.21%
UMC	C	-0.2%
TCOM	A	-0.19%
SHG	B	-0.17%
FINV	B	-0.13%
BAP	C	-0.12%
YUMC	D	-0.1%
CHT	D	-0.09%
BGNE	D	-0.06%
BEKE	B	-0.06%
ABEV	F	-0.06%
VIPS	D	-0.05%
WIT	C	-0.05%
GGB	D	-0.05%
BCH	A	-0.05%
SBSW	C	-0.04%
VIST	A	-0.04%
CSAN	D	-0.04%
KEP	C	-0.04%
SKM	D	-0.04%
ASAI	D	-0.03%
BRFS	A	-0.03%
QFIN	A	-0.03%
YMM	A	-0.03%
HOLI	D	-0.02%
ERJ	A	-0.02%
MNSO	A	-0.02%
LPL	D	-0.02%
IMOS	C	-0.01%
AZUL	F	-0.01%
IFS	D	-0.01%
CAR	F	-0.01%
EH	B	-0.01%
RLX	B	-0.01%
ATHM	D	-0.01%
SGRP	B	-0.01%
DQ	F	-0.01%
AKO.A	A	-0.01%
DADA	F	-0.0%
GDS	D	-0.0%