GSEU vs. LCTD ETF Comparison

Comparison of Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) to BlackRock World ex U.S. Carbon Transition Readiness ETF (LCTD)

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

LCTD

BlackRock World ex U.S. Carbon Transition Readiness ETF

LCTD Description

The investment seeks long-term capital appreciation by investing in large- and mid-capitalization World ex U.S. equity securities that may be better positioned to benefit from the transition to a low-carbon economy. The fund seeks to outperform the price and yield performance of the MSCI World ex USA Index. The Advisor selects portfolio securities that are components of the index. The index measures the performance of large- and mid-capitalization stocks across global developed market countries, excluding the U.S. It is non-diversified.

Grade (RS Rating)

Last Trade

$44.98

Average Daily Volume

8,998

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GSEU	LCTD
30 Days	-4.53%	-3.09%
60 Days	-7.27%	-6.04%
90 Days	-7.94%	-5.48%
12 Months	9.14%	9.21%

9 Overlapping Holdings

Symbol	Grade	Weight in GSEU	Weight in LCTD	Overlap
ABBV	D	0.58%	0.58%	0.58%
BCS	C	0.46%	0.42%	0.42%
CCEP	C	0.14%	0.42%	0.14%
DEO	F	0.27%	1.01%	0.27%
HSBH	B	1.23%	1.53%	1.23%
LYG	F	0.23%	0.31%	0.23%
NVS	D	1.87%	1.51%	1.51%
QGEN	D	0.21%	0.2%	0.2%
STLA	F	0.22%	0.03%	0.03%

GSEU Overweight 4 Positions Relative to LCTD

Symbol	Grade	Weight
UL	D	0.84%
E	F	0.39%
LOGI	D	0.36%
AER	B	0.15%

GSEU Underweight 11 Positions Relative to LCTD

Symbol	Grade	Weight
TD	F	-1.36%
HMC	F	-0.9%
TM	D	-0.79%
SHOP	B	-0.47%
NMR	B	-0.45%
SONY	B	-0.42%
CYBR	B	-0.31%
CNI	D	-0.1%
MFG	B	-0.09%
SE	B	-0.08%
TEVA	D	-0.03%