GPOW vs. MDIV ETF Comparison

Comparison of Goldman Sachs North American Pipelines & Power Equity ETF (GPOW) to Multi-Asset Diversified Income Index Fund (MDIV)

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

$56.62

Average Daily Volume

1,278

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MDIV

Multi-Asset Diversified Income Index Fund

MDIV Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.67

Average Daily Volume

86,599

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	GPOW	MDIV
30 Days	9.49%	1.28%
60 Days	13.60%	0.73%
90 Days	15.96%	2.82%
12 Months	41.76%	17.80%

14 Overlapping Holdings

Symbol	Grade	Weight in GPOW	Weight in MDIV	Overlap
CQP	B	0.69%	0.92%	0.69%
DKL	C	0.24%	1.2%	0.24%
DTM	A	2.46%	0.45%	0.45%
ENLC	A	2.33%	0.51%	0.51%
EPD	A	5.51%	0.82%	0.82%
ET	A	3.05%	0.91%	0.91%
GLP	A	0.17%	0.96%	0.17%
MPLX	A	0.77%	0.95%	0.77%
NJR	A	0.34%	0.34%	0.34%
OKE	A	5.87%	0.51%	0.51%
PAA	B	1.78%	0.71%	0.71%
PAGP	A	3.24%	0.67%	0.67%
SUN	B	0.41%	0.74%	0.41%
WES	C	0.66%	0.86%	0.66%

GPOW Overweight 20 Positions Relative to MDIV

Symbol	Grade	Weight
TRGP	A	9.24%
KMI	A	6.63%
WMB	A	6.31%
LNG	A	5.3%
AM	A	3.74%
HESM	B	3.51%
WKC	C	1.55%
AES	F	1.45%
CWEN	C	1.35%
ORA	B	1.34%
UGI	C	1.22%
AY	A	1.09%
NEP	F	0.48%
NEXT	C	0.46%
CLNE	F	0.45%
NFE	D	0.33%
KNTK	A	0.22%
SPH	C	0.14%
EE	A	0.14%
NGL	D	0.08%

GPOW Underweight 89 Positions Relative to MDIV

Symbol	Grade	Weight
HYLS	B	-20.0%
IEP	F	-1.51%
PMT	C	-1.47%
ARLP	A	-1.41%
DMLP	A	-1.3%
BSM	B	-1.28%
KRP	B	-1.27%
CAPL	C	-1.17%
USAC	B	-1.16%
AGNCN	A	-1.09%
APLE	B	-1.05%
LADR	B	-1.03%
EPR	C	-0.99%
LTC	B	-0.94%
NRP	B	-0.89%
GTY	A	-0.84%
HST	C	-0.83%
FITBI	B	-0.79%
GLPI	C	-0.79%
CHSCO	B	-0.78%
SPG	A	-0.77%
CHSCL	B	-0.76%
AAT	B	-0.72%
CHSCN	D	-0.72%
RZC	C	-0.72%
VICI	C	-0.71%
IIPR	D	-0.71%
FCPT	C	-0.71%
CHSCM	D	-0.69%
NHI	D	-0.65%
WU	F	-0.64%
NNN	C	-0.64%
BRX	A	-0.63%
ALEX	B	-0.62%
LAMR	C	-0.61%
VZ	C	-0.6%
CTRE	C	-0.6%
T	A	-0.6%
CDP	C	-0.58%
REG	A	-0.57%
MAA	B	-0.57%
PSA	C	-0.56%
CUBE	C	-0.56%
BMY	B	-0.55%
CHRD	D	-0.54%
FANG	C	-0.47%
TROW	B	-0.46%
NWE	B	-0.45%
GILD	C	-0.44%
EVRG	A	-0.44%
GEL	D	-0.44%
ETR	B	-0.44%
BKH	A	-0.43%
AVA	A	-0.43%
HMN	B	-0.42%
PINC	B	-0.42%
SR	A	-0.42%
LYB	F	-0.41%
CVX	A	-0.41%
PRU	A	-0.4%
PNM	B	-0.39%
XEL	A	-0.39%
VTRS	A	-0.39%
EXC	C	-0.38%
CAG	F	-0.38%
OGS	A	-0.38%
KHC	F	-0.38%
ES	C	-0.37%
FLO	D	-0.37%
WEC	A	-0.37%
DVN	F	-0.36%
POR	C	-0.36%
PNC	B	-0.36%
MSM	C	-0.36%
DRI	B	-0.36%
FE	C	-0.35%
IBM	C	-0.34%
IPG	D	-0.34%
EIX	B	-0.34%
DUK	C	-0.34%
SJM	D	-0.33%
FAF	A	-0.33%
SON	F	-0.32%
NFG	A	-0.32%
KMB	C	-0.31%
MDT	D	-0.31%
AEP	C	-0.31%
GIS	D	-0.3%
NMM	D	-0.05%