GPOW vs. FXN ETF Comparison

Comparison of Goldman Sachs North American Pipelines & Power Equity ETF (GPOW) to First Trust Energy AlphaDEX Fund (FXN)

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

$45.70

Average Daily Volume

481

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXN

First Trust Energy AlphaDEX Fund

FXN Description

The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Energy Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the energy sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.42

Average Daily Volume

2,573,857

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GPOW	FXN
30 Days	3.98%	-4.71%
60 Days	5.46%	5.31%
90 Days	12.64%	14.42%
12 Months		29.97%

5 Overlapping Holdings

Symbol	Grade	Weight in GPOW	Weight in FXN	Overlap
KMI	A	6.29%	2.58%	2.58%
LNG	D	5.69%	0.84%	0.84%
OKE	A	6.76%	1.9%	1.9%
TRGP	C	7.74%	1.99%	1.99%
WMB	A	6.43%	1.92%	1.92%

GPOW Overweight 2 Positions Relative to FXN

	Symbol	Grade	Weight
	UGI	C	4.96%
	MPLX	A	3.13%

GPOW Underweight 32 Positions Relative to FXN

Symbol	Grade	Weight
EQT	C	-5.16%
OVV	D	-4.84%
CHK	C	-4.83%
NOV	D	-4.66%
MRO	D	-4.56%
VLO	D	-4.51%
DINO	D	-4.4%
EOG	C	-4.02%
CVX	A	-4.01%
DVN	C	-3.98%
RRC	C	-3.97%
FANG	B	-3.92%
CTRA	B	-3.82%
APA	F	-3.51%
DTM	A	-2.62%
XOM	B	-2.59%
OXY	D	-2.58%
COP	D	-2.54%
HAL	F	-2.39%
MPC	D	-2.31%
AR	C	-2.23%
PSX	D	-2.23%
FSLR	B	-2.08%
BKR	D	-1.88%
SLB	D	-1.7%
FTI	B	-0.87%
TPL	B	-0.84%
AM	A	-0.84%
ENPH	F	-0.75%
NFE	F	-0.73%
CHPT	F	-0.65%
PLUG	F	-0.58%

GPOW: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Utilities - Regulated Gas