GSEW vs. FTA ETF Comparison

Comparison of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

GSEW

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GSEW Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive US Large Cap Equal Weight Index (GTR). 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. The index consists of equity securities of large capitalization U.S. issuers. The index is an equal-weight version of the Solactive US Large Cap Index, a market capitalization-weighted index that includes equity securities of approximately 500 of the largest U.S. companies.

Grade (RS Rating)

Last Trade

$77.33

Average Daily Volume

55,695

Number of Holdings ^*

486

* may have additional holdings in another (foreign) market

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Value 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 S&P to objectively identify and select stocks from the S&P 500(R) Value Index 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

$79.16

Average Daily Volume

35,869

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	GSEW	FTA
30 Days	3.44%	2.23%
60 Days	10.33%	8.56%
90 Days	8.75%	9.43%
12 Months	33.26%	27.63%

175 Overlapping Holdings

	Symbol	Grade	Weight in GSEW	Weight in FTA	Overlap
	ABT	C	0.19%	0.18%	0.18%
	ACGL	A	0.19%	0.94%	0.19%
	ADM	F	0.19%	0.83%	0.19%
	AEE	A	0.2%	0.81%	0.2%
	AEP	C	0.19%	0.78%	0.19%
	AFL	A	0.2%	0.6%	0.2%
	AIG	C	0.19%	0.66%	0.19%
	APD	C	0.21%	0.39%	0.21%
	ARE	D	0.2%	0.35%	0.2%
	ATO	A	0.2%	0.79%	0.2%
	AWK	D	0.2%	0.18%	0.18%
	BAC	B	0.19%	0.48%	0.19%
	BBY	C	0.2%	0.59%	0.2%
	BG	F	0.19%	0.76%	0.19%
	BIIB	F	0.19%	0.14%	0.14%
	BKR	B	0.2%	0.5%	0.2%
	BLK	A	0.21%	0.2%	0.2%
	BRK.A	B	0.19%	0.94%	0.19%
	C	B	0.2%	0.48%	0.2%
	CAG	D	0.2%	0.76%	0.2%
	CB	A	0.2%	0.76%	0.2%
	CBRE	C	0.21%	0.22%	0.21%
	CE	D	0.22%	0.86%	0.22%
	CF	A	0.21%	0.96%	0.21%
	CFG	C	0.19%	0.76%	0.19%
	CHTR	D	0.18%	0.53%	0.18%
	CI	D	0.18%	0.17%	0.17%
	CINF	A	0.19%	0.96%	0.19%
	CMCSA	B	0.2%	0.89%	0.2%
	CMI	A	0.21%	0.19%	0.19%
	CMS	A	0.2%	0.58%	0.2%
	CNC	F	0.2%	0.75%	0.2%
	CNP	B	0.2%	0.46%	0.2%
	COF	A	0.2%	0.72%	0.2%
	COP	D	0.18%	0.76%	0.18%
	CSCO	A	0.21%	0.37%	0.21%
	CTRA	D	0.19%	0.74%	0.19%
	CTSH	B	0.2%	0.76%	0.2%
	CTVA	A	0.2%	0.18%	0.18%
	CVS	D	0.2%	0.87%	0.2%
	CVX	B	0.19%	0.78%	0.19%
	D	A	0.2%	0.57%	0.2%
	DD	C	0.21%	0.18%	0.18%
	DE	C	0.21%	0.55%	0.21%
	DG	F	0.21%	0.11%	0.11%
	DGX	D	0.19%	0.55%	0.19%
	DHI	C	0.2%	1.13%	0.2%
	DOV	C	0.21%	0.36%	0.21%
	DOW	B	0.21%	0.35%	0.21%
	DTE	B	0.2%	0.56%	0.2%
	DUK	C	0.19%	0.56%	0.19%
	DVN	F	0.17%	0.69%	0.17%
	EBAY	A	0.21%	0.8%	0.21%
	ED	C	0.19%	0.78%	0.19%
	EG	A	0.19%	0.87%	0.19%
	EIX	C	0.19%	0.59%	0.19%
	ELV	F	0.19%	0.16%	0.16%
	EOG	B	0.19%	0.81%	0.19%
	EPAM	F	0.2%	0.35%	0.2%
	EQR	C	0.19%	0.52%	0.19%
	EQT	C	0.21%	0.82%	0.21%
	ETR	A	0.21%	1.02%	0.21%
	EXC	C	0.2%	0.97%	0.2%
	EXPD	D	0.2%	0.17%	0.17%
	F	D	0.19%	0.72%	0.19%
	FANG	D	0.18%	0.71%	0.18%
	FDX	F	0.18%	0.44%	0.18%
	FE	C	0.19%	0.56%	0.19%
	FITB	C	0.2%	0.57%	0.2%
	GD	C	0.2%	0.17%	0.17%
	GIS	C	0.2%	0.57%	0.2%
	GM	D	0.18%	0.84%	0.18%
	GPC	D	0.2%	0.34%	0.2%
	GPN	F	0.17%	0.87%	0.17%
	GS	B	0.2%	0.37%	0.2%
	HAL	D	0.18%	0.57%	0.18%
	HBAN	B	0.19%	0.74%	0.19%
	HCA	C	0.2%	0.42%	0.2%
	HIG	A	0.2%	0.78%	0.2%
	HPE	B	0.21%	0.79%	0.21%
	HPQ	B	0.2%	0.34%	0.2%
	HSY	D	0.19%	0.35%	0.19%
	HUM	F	0.16%	0.14%	0.14%
	INTC	D	0.24%	0.38%	0.24%
	IPG	D	0.2%	0.73%	0.2%
	J	F	0.21%	0.18%	0.18%
	JBHT	D	0.2%	0.53%	0.2%
	JBL	C	0.24%	0.55%	0.24%
	JCI	C	0.21%	0.19%	0.19%
	JNJ	D	0.19%	0.37%	0.19%
	K	B	0.2%	0.23%	0.2%
	KDP	C	0.2%	0.37%	0.2%
	KEY	B	0.2%	0.39%	0.2%
	KHC	F	0.19%	0.73%	0.19%
	KIM	C	0.19%	0.39%	0.19%
	KMB	D	0.19%	0.17%	0.17%
	KMI	A	0.2%	0.73%	0.2%
	KR	C	0.2%	0.55%	0.2%
	KVUE	C	0.2%	0.21%	0.2%
	L	C	0.19%	0.7%	0.19%
	LEN	C	0.2%	1.04%	0.2%
	LHX	A	0.19%	0.17%	0.17%
	LKQ	F	0.19%	0.65%	0.19%
	LMT	A	0.2%	0.42%	0.2%
	LNG	A	0.19%	0.69%	0.19%
	LOW	C	0.21%	0.4%	0.21%
	LUV	B	0.2%	0.5%	0.2%
	LYB	B	0.2%	0.67%	0.2%
	MAA	D	0.19%	0.18%	0.18%
	MDLZ	D	0.19%	0.18%	0.18%
	MDT	C	0.19%	0.38%	0.19%
	MKC	C	0.2%	0.19%	0.19%
	MKL	B	0.2%	0.83%	0.2%
	MOH	F	0.2%	0.38%	0.2%
	MPC	D	0.19%	0.79%	0.19%
	MS	A	0.2%	0.36%	0.2%
	MTB	A	0.2%	0.77%	0.2%
	NEE	C	0.2%	0.4%	0.2%
	NKE	D	0.22%	0.19%	0.19%
	NUE	D	0.2%	0.79%	0.2%
	OC	C	0.21%	0.67%	0.21%
	OKE	A	0.19%	0.37%	0.19%
	OMC	C	0.2%	0.38%	0.2%
	OXY	D	0.18%	0.68%	0.18%
	PCG	C	0.19%	0.76%	0.19%
	PEG	A	0.21%	0.4%	0.21%
	PFG	A	0.21%	0.18%	0.18%
	PKG	B	0.21%	0.39%	0.21%
	PNC	C	0.2%	0.39%	0.2%
	POOL	D	0.21%	0.2%	0.2%
	PPG	D	0.21%	0.36%	0.21%
	PRU	B	0.2%	0.17%	0.17%
	PSX	D	0.19%	0.77%	0.19%
	PYPL	A	0.21%	0.45%	0.21%
	QCOM	D	0.2%	0.14%	0.14%
	REGN	D	0.17%	0.16%	0.16%
	RF	B	0.2%	0.56%	0.2%
	RJF	B	0.2%	0.16%	0.16%
	RS	D	0.21%	0.68%	0.21%
	SJM	D	0.19%	0.74%	0.19%
	SNA	C	0.2%	0.74%	0.2%
	SRE	C	0.19%	0.53%	0.19%
	SSNC	C	0.2%	0.39%	0.2%
	STLD	C	0.22%	0.81%	0.22%
	STT	A	0.2%	0.58%	0.2%
	SWKS	F	0.19%	0.45%	0.19%
	SYF	A	0.19%	0.88%	0.19%
	SYY	D	0.19%	0.18%	0.18%
	T	B	0.2%	0.96%	0.2%
	TDY	A	0.2%	0.55%	0.2%
	TGT	C	0.2%	0.35%	0.2%
	TRGP	A	0.19%	0.19%	0.19%
	TROW	D	0.21%	0.63%	0.21%
	TRV	B	0.2%	0.39%	0.2%
	TSCO	A	0.21%	0.17%	0.17%
	TSN	D	0.18%	0.17%	0.17%
	TXT	F	0.19%	0.5%	0.19%
	UAL	A	0.26%	0.99%	0.26%
	UPS	D	0.2%	0.33%	0.2%
	USB	C	0.19%	0.56%	0.19%
	VLO	F	0.19%	0.72%	0.19%
	VTR	C	0.2%	0.2%	0.2%
	VTRS	D	0.19%	0.73%	0.19%
	VZ	C	0.2%	0.73%	0.2%
	WBD	F	0.22%	0.75%	0.22%
	WEC	B	0.2%	0.59%	0.2%
	WFC	B	0.19%	0.63%	0.19%
	WMT	A	0.2%	0.19%	0.19%
	WPC	C	0.2%	0.56%	0.2%
	WRB	C	0.18%	0.36%	0.18%
	WY	C	0.21%	0.4%	0.21%
	XEL	C	0.2%	0.81%	0.2%
	XOM	A	0.19%	0.67%	0.19%
	ZBH	F	0.18%	0.49%	0.18%
	ZM	B	0.2%	0.57%	0.2%

GSEW Overweight 311 Positions Relative to FTA

	Symbol	Grade	Weight
	VST	A	0.29%
	CEG	A	0.28%
	VRT	B	0.26%
	MSTR	B	0.26%
	PLTR	A	0.24%
	DAL	C	0.24%
	MU	D	0.24%
	LVS	B	0.24%
	FCX	B	0.24%
	GEV	A	0.24%
	ETN	B	0.23%
	CAT	A	0.23%
	CARR	A	0.23%
	PWR	A	0.23%
	ANET	A	0.23%
	AMD	C	0.23%
	DKNG	C	0.23%
	FSLR	C	0.23%
	EXAS	C	0.23%
	ORCL	A	0.23%
	EME	B	0.23%
	TRU	C	0.22%
	LRCX	D	0.22%
	PODD	C	0.22%
	GWW	B	0.22%
	KKR	A	0.22%
	LECO	D	0.22%
	ARES	A	0.22%
	WSO	C	0.22%
	STX	C	0.22%
	PH	A	0.22%
	WDC	C	0.22%
	CRM	B	0.22%
	LII	C	0.22%
	CSL	A	0.22%
	AXON	A	0.22%
	ALB	D	0.22%
	WAB	A	0.22%
	MANH	A	0.22%
	ALGN	D	0.22%
	GE	B	0.22%
	BX	C	0.22%
	BLDR	C	0.22%
	DLTR	F	0.22%
	ABNB	D	0.22%
	NRG	A	0.22%
	BKNG	B	0.22%
	TT	A	0.22%
	ZBRA	B	0.22%
	LYV	A	0.22%
	ULTA	D	0.22%
	DASH	A	0.22%
	AMAT	C	0.22%
	WSM	C	0.22%
	AVGO	B	0.22%
	CCL	C	0.22%
	APO	A	0.22%
	NVDA	B	0.22%
	DELL	C	0.22%
	URI	C	0.22%
	RCL	B	0.22%
	HUBB	A	0.22%
	TSLA	C	0.22%
	ROK	D	0.21%
	ANSS	D	0.21%
	NDSN	C	0.21%
	MET	A	0.21%
	BK	A	0.21%
	AVTR	D	0.21%
	MSFT	D	0.21%
	NET	D	0.21%
	MMM	C	0.21%
	SAIA	D	0.21%
	ENTG	D	0.21%
	DECK	B	0.21%
	SBUX	B	0.21%
	PSTG	F	0.21%
	NVR	C	0.21%
	SHW	C	0.21%
	DHR	D	0.21%
	PTC	B	0.21%
	MCD	A	0.21%
	HWM	A	0.21%
	PINS	D	0.21%
	AMP	A	0.21%
	AXP	A	0.21%
	DRI	C	0.21%
	ADSK	B	0.21%
	DIS	D	0.21%
	MLM	F	0.21%
	UBER	C	0.21%
	CDW	D	0.21%
	DPZ	D	0.21%
	NOW	B	0.21%
	IEX	D	0.21%
	HST	D	0.21%
	TTD	A	0.21%
	ZTS	C	0.21%
	FDS	C	0.21%
	IT	A	0.21%
	CRWD	D	0.21%
	KEYS	B	0.21%
	NEM	C	0.21%
	ITW	C	0.21%
	GGG	C	0.21%
	EQIX	C	0.21%
	A	B	0.21%
	MAS	C	0.21%
	WAT	B	0.21%
	VMC	D	0.21%
	MTD	C	0.21%
	TPL	A	0.21%
	ZS	F	0.21%
	SNPS	F	0.21%
	COIN	F	0.21%
	MNST	D	0.21%
	LW	D	0.21%
	KLAC	B	0.21%
	TER	C	0.21%
	CDNS	D	0.21%
	RPM	A	0.21%
	EMR	B	0.21%
	GEHC	C	0.21%
	APH	D	0.21%
	HUBS	D	0.21%
	HLT	A	0.21%
	EXPE	B	0.21%
	IDXX	D	0.21%
	EL	D	0.21%
	ALNY	C	0.21%
	CMG	C	0.21%
	PHM	C	0.21%
	SWK	C	0.21%
	FAST	C	0.21%
	DLR	C	0.21%
	AMZN	C	0.21%
	TRMB	B	0.21%
	FTV	C	0.21%
	MAR	A	0.21%
	FICO	C	0.21%
	META	A	0.21%
	HD	A	0.21%
	IBM	A	0.21%
	OTIS	A	0.21%
	IR	A	0.21%
	GLW	C	0.21%
	MPWR	B	0.21%
	RMD	C	0.2%
	ALL	A	0.2%
	AON	A	0.2%
	ODFL	F	0.2%
	PGR	B	0.2%
	AKAM	D	0.2%
	SO	A	0.2%
	AVB	C	0.2%
	DFS	A	0.2%
	VLTO	A	0.2%
	ADP	A	0.2%
	ENPH	F	0.2%
	NTRS	B	0.2%
	NOC	B	0.2%
	FTNT	A	0.2%
	BMY	A	0.2%
	FIS	A	0.2%
	SPGI	C	0.2%
	EXR	D	0.2%
	SNOW	F	0.2%
	HON	C	0.2%
	BR	B	0.2%
	TMUS	A	0.2%
	IFF	D	0.2%
	SYK	C	0.2%
	WMB	A	0.2%
	PAYX	B	0.2%
	TJX	D	0.2%
	SBAC	C	0.2%
	CCI	D	0.2%
	SPG	A	0.2%
	JKHY	A	0.2%
	AVY	D	0.2%
	WST	D	0.2%
	PPL	C	0.2%
	VRSN	C	0.2%
	AZO	D	0.2%
	ISRG	C	0.2%
	ROST	D	0.2%
	LIN	C	0.2%
	LNT	B	0.2%
	BSX	A	0.2%
	MA	A	0.2%
	BAH	C	0.2%
	CME	A	0.2%
	PFE	D	0.2%
	INTU	F	0.2%
	WELL	C	0.2%
	LDOS	A	0.2%
	COST	C	0.2%
	TXN	C	0.2%
	MSI	A	0.2%
	EVRG	C	0.2%
	TMO	D	0.2%
	PCAR	D	0.2%
	ILMN	B	0.2%
	RBLX	D	0.2%
	MRVL	C	0.2%
	AME	C	0.2%
	NI	A	0.2%
	ORLY	A	0.2%
	YUM	C	0.2%
	BAX	D	0.2%
	BALL	C	0.2%
	ON	F	0.2%
	SQ	D	0.2%
	AAPL	C	0.2%
	GOOGL	B	0.2%
	ECL	C	0.2%
	ACN	B	0.2%
	IP	C	0.2%
	CTAS	C	0.2%
	IRM	B	0.2%
	MCHP	F	0.2%
	DDOG	B	0.2%
	NFLX	A	0.2%
	ADI	B	0.2%
	PSA	C	0.2%
	XYL	C	0.2%
	STZ	D	0.2%
	TDG	A	0.2%
	LPLA	D	0.2%
	GILD	A	0.2%
	NTAP	D	0.2%
	WDAY	D	0.19%
	SMCI	F	0.19%
	NSC	C	0.19%
	PEP	F	0.19%
	CL	D	0.19%
	JPM	C	0.19%
	EW	F	0.19%
	IQV	F	0.19%
	PM	D	0.19%
	UNP	F	0.19%
	LLY	D	0.19%
	CAH	B	0.19%
	WBA	F	0.19%
	TTWO	D	0.19%
	UNH	B	0.19%
	EFX	D	0.19%
	DXCM	F	0.19%
	TFC	D	0.19%
	PLD	D	0.19%
	V	B	0.19%
	AMGN	D	0.19%
	GRMN	D	0.19%
	ES	D	0.19%
	XPO	F	0.19%
	ABBV	C	0.19%
	EA	D	0.19%
	VRSK	D	0.19%
	CHD	D	0.19%
	ESS	D	0.19%
	VEEV	C	0.19%
	CSGP	F	0.19%
	VRTX	D	0.19%
	MMC	D	0.19%
	RSG	D	0.19%
	NTNX	C	0.19%
	ICE	A	0.19%
	VICI	C	0.19%
	PANW	B	0.19%
	CSX	D	0.19%
	SLB	D	0.19%
	CPAY	A	0.19%
	CBOE	B	0.19%
	OKTA	F	0.19%
	MCO	D	0.19%
	BRO	A	0.19%
	KO	C	0.19%
	HOLX	D	0.19%
	MRK	F	0.19%
	SUI	D	0.19%
	WM	B	0.19%
	HES	D	0.19%
	NDAQ	C	0.19%
	CPRT	B	0.19%
	STE	D	0.19%
	PG	D	0.19%
	BDX	C	0.19%
	RTX	A	0.19%
	GDDY	B	0.19%
	AMT	D	0.19%
	TYL	D	0.19%
	TEAM	D	0.19%
	MSCI	B	0.19%
	O	C	0.19%
	ROP	D	0.19%
	WTW	C	0.19%
	CLX	C	0.19%
	SCHW	D	0.19%
	MRO	B	0.18%
	FCNCA	D	0.18%
	MDB	D	0.18%
	MO	D	0.18%
	BA	F	0.18%
	INVH	D	0.18%
	AJG	C	0.18%
	MCK	F	0.17%
	APA	F	0.17%
	MRNA	F	0.17%
	OVV	D	0.17%
	ADBE	F	0.17%
	BMRN	F	0.15%

GSEW Underweight 11 Positions Relative to FTA

	Symbol	Grade	Weight
	FOXA	B	-1.03%
	APTV	D	-0.88%
	UHAL	C	-0.8%
	BEN	F	-0.62%
	INCY	B	-0.53%
	TEL	D	-0.49%
	CRBG	B	-0.48%
	FNF	C	-0.41%
	CPB	D	-0.36%
	HRL	F	-0.35%
	WLK	C	-0.17%

GSEW: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Asset Management Banks - Regional - US Capital Markets Drug Manufacturers - Major Software - Infrastructure Specialty Chemicals Specialty Retail Aerospace & Defense Insurance - Property & Casualty Medical Devices Credit Services Health Care Plans Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Aerospace Chemical Bank Medicine Semiconductor Banking Cloud Computing Telecommunications Mining Real Estate Investment Trust Transport IBD 50

FTA: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Packaged Foods Oil & Gas E&P Health Care Plans Insurance - Property & Casualty Utilities - Diversified Asset Management Chemicals Insurance - Diversified Integrated Shipping & Logistics Oil & Gas Midstream Specialty Retail Aerospace & Defense Banks - Global Capital Markets Communication Equipment Credit Services Discount Stores Farm Products

Keywords: S&P 500 Natural Gas Nasdaq 100 Insurance Electricity Bank Insurance Products Banking Petroleum Industry Electronics Aerospace Dow Jones Component Investment Bank Natural Gas Liquids Telecommunications Building Materials Cash Management Chemical Food Products Gas Transmission