GPOW vs. ICAP ETF Comparison

Comparison of Goldman Sachs North American Pipelines & Power Equity ETF (GPOW) to InfraCap Equity Income Fund ETF (ICAP)

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

$44.55

Average Daily Volume

624

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ICAP

InfraCap Equity Income Fund ETF

ICAP Description

The investment seeks to maximize income and pursue total return opportunities. The fund, under normal conditions, will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies that pay dividends during normal market conditions. The fund will invest primarily in securities of U.S. companies, but may invest in foreign securities, including securities of companies located in emerging markets. To obtain high yield and total return, the adviser will favor sectors and industries that it currently views are undervalued on a relative basis.

Grade (RS Rating)

Last Trade

$24.32

Average Daily Volume

9,194

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GPOW	ICAP
30 Days	-0.41%	-1.17%
60 Days	6.19%	2.02%
90 Days	8.03%	3.32%
12 Months		16.48%

3 Overlapping Holdings

Symbol	Grade	Weight in GPOW	Weight in ICAP	Overlap
KMI	A	6.17%	1.52%	1.52%
MPLX	A	3.04%	3.34%	3.04%
WMB	B	6.39%	0.01%	0.01%

GPOW Overweight 4 Positions Relative to ICAP

Symbol	Grade	Weight
TRGP	B	7.43%
OKE	C	6.7%
LNG	D	5.69%
UGI	C	4.65%

GPOW Underweight 62 Positions Relative to ICAP

Symbol	Grade	Weight
GS	A	-6.2%
MS	A	-6.02%
JPM	B	-5.26%
PM	A	-4.63%
BXP	F	-3.71%
CVX	B	-3.37%
DOW	C	-3.32%
SLMBP	B	-3.22%
SO	A	-3.04%
ET	A	-2.94%
BAC	B	-2.89%
AQNU	B	-2.82%
JNJ	F	-2.78%
C	A	-2.76%
AB	B	-2.42%
UGIC	C	-2.39%
KHC	B	-2.37%
MO	A	-2.33%
KRC	D	-2.32%
NYMTN	D	-2.08%
AVGO	D	-2.07%
BLMN	F	-2.07%
REXR	D	-1.97%
NFE	F	-1.79%
DUK	A	-1.68%
EIX	A	-1.65%
VOD	D	-1.58%
FRT	B	-1.57%
O	B	-1.4%
ADC	B	-1.34%
T	C	-1.33%
UZE	C	-1.27%
MCD	F	-1.19%
PEP	B	-1.19%
CCI	D	-1.13%
SPG	D	-1.1%
IP	D	-1.1%
D	A	-0.97%
ARE	D	-0.91%
GNL	D	-0.88%
NWN	B	-0.79%
AES	B	-0.72%
PG	A	-0.72%
IBM	D	-0.71%
CFG	A	-0.63%
EMR	D	-0.63%
GLPI	F	-0.59%
AMT	D	-0.57%
VZ	D	-0.55%
KO	A	-0.51%
IRM	D	-0.5%
AXP	B	-0.47%
SBUX	F	-0.44%
HON	C	-0.38%
EQIX	F	-0.37%
AMGN	A	-0.28%
DLR	B	-0.27%
STLA	D	-0.27%
CSCO	F	-0.25%
MRK	B	-0.25%
EPR	D	-0.08%
UNH	C	-0.04%

GPOW: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Utilities - Regulated Gas