GPOW vs. ACES ETF Comparison

Comparison of Goldman Sachs North American Pipelines & Power Equity ETF (GPOW) to ALPS Clean Energy ETF (ACES)

GPOW

Goldman Sachs North American Pipelines & Power Equity ETF

GPOW Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is designed to deliver exposure to equity securities of U.S. and Canadian listed companies, including companies structured as master limited partnerships, operating in the pipelines and power universe. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.76

Average Daily Volume

1,342

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACES

ALPS Clean Energy ETF

ACES Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.23

Average Daily Volume

127,231

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GPOW	ACES
30 Days	10.14%	-0.58%
60 Days	12.29%	-5.68%
90 Days	16.25%	-7.61%
12 Months	42.12%	-9.81%

4 Overlapping Holdings

Symbol	Grade	Weight in GPOW	Weight in ACES	Overlap
CLNE	D	0.45%	0.59%	0.45%
CWEN	C	1.35%	2.64%	1.35%
NEP	F	0.48%	1.81%	0.48%
ORA	B	1.34%	5.4%	1.34%

GPOW Overweight 30 Positions Relative to ACES

Symbol	Grade	Weight
TRGP	B	9.24%
KMI	A	6.63%
WMB	A	6.31%
OKE	A	5.87%
EPD	A	5.51%
LNG	B	5.3%
AM	A	3.74%
HESM	B	3.51%
PAGP	A	3.24%
ET	A	3.05%
DTM	B	2.46%
ENLC	A	2.33%
PAA	B	1.78%
WKC	D	1.55%
AES	F	1.45%
UGI	A	1.22%
AY	B	1.09%
MPLX	A	0.77%
CQP	B	0.69%
WES	C	0.66%
NEXT	B	0.46%
SUN	B	0.41%
NJR	A	0.34%
NFE	D	0.33%
DKL	C	0.24%
KNTK	B	0.22%
GLP	A	0.17%
SPH	B	0.14%
EE	A	0.14%
NGL	D	0.08%

GPOW Underweight 24 Positions Relative to ACES

Symbol	Grade	Weight
TSLA	B	-7.71%
ALB	C	-6.6%
ITRI	B	-6.19%
DAR	C	-5.74%
FSLR	F	-4.32%
RIVN	F	-3.95%
HASI	D	-3.76%
ENPH	F	-2.74%
RUN	F	-2.56%
LCID	F	-2.35%
PLUG	F	-2.01%
ANDE	D	-1.85%
AMSC	B	-1.62%
FLNC	C	-1.55%
ASPN	F	-1.44%
WOLF	F	-1.28%
ARRY	C	-1.16%
AMRC	F	-1.03%
SHLS	F	-1.0%
REX	D	-0.89%
GPRE	F	-0.85%
EOSE	D	-0.61%
CHPT	F	-0.54%
NOVA	F	-0.5%