GSEU vs. IQDF ETF Comparison

Comparison of Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) to FlexShares International Quality Dividend Index Fund (IQDF)

GSEU

Goldman Sachs ActiveBeta Europe Equity ETF

GSEU Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Europe Equity Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of developed markets issuers in Europe.

Grade (RS Rating)

Last Trade

$35.23

Average Daily Volume

34,452

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IQDF

FlexShares International Quality Dividend Index Fund

IQDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust International Quality Dividend 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 its underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of international equity securities issued by non-U.S.-based companies, with an emphasis on long-term capital growth and a targeted overall volatility.

Grade (RS Rating)

Last Trade

$24.50

Average Daily Volume

40,220

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GSEU	IQDF
30 Days	-4.53%	-3.56%
60 Days	-7.27%	-4.31%
90 Days	-7.94%	-4.47%
12 Months	9.14%	15.13%

5 Overlapping Holdings

Symbol	Grade	Weight in GSEU	Weight in IQDF	Overlap
BCS	C	0.46%	0.48%	0.46%
HSBH	B	1.23%	0.54%	0.54%
NVS	D	1.87%	1.89%	1.87%
STLA	F	0.22%	0.27%	0.22%
UL	D	0.84%	0.08%	0.08%

GSEU Overweight 8 Positions Relative to IQDF

Symbol	Grade	Weight
ABBV	D	0.58%
E	F	0.39%
LOGI	D	0.36%
DEO	F	0.27%
LYG	F	0.23%
QGEN	D	0.21%
AER	B	0.15%
CCEP	C	0.14%

GSEU Underweight 7 Positions Relative to IQDF

Symbol	Grade	Weight
MUFG	B	-0.54%
SMFG	B	-0.4%
BABA	D	-0.3%
UMC	F	-0.23%
AGCO	D	-0.21%
VALE	F	-0.2%
CNI	D	-0.03%