GSIE vs. IEFA ETF Comparison

Comparison of Goldman Sachs ActiveBeta International Equity ETF (GSIE) to iShares Core MSCI EAFE ETF (IEFA)

GSIE

Goldman Sachs ActiveBeta International Equity ETF

GSIE Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® International Equity Index. The fund invests 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 market issuers outside of the United States.

Grade (RS Rating)

Last Trade

$34.11

Average Daily Volume

288,401

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IEFA

iShares Core MSCI EAFE ETF

IEFA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFEÂ® Investable Market Index (the "underlying index"). The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index has been developed by MSCI Inc. ("MSCI") as an equity benchmark for its international stock performance. The underlying index is designed to measure large-, mid- and small-capitalization equity market performance and includes stocks from Europe, Australasia and the Far East.

Grade (RS Rating)

Last Trade

$72.29

Average Daily Volume

7,358,318

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GSIE	IEFA
30 Days	-1.47%	-2.61%
60 Days	-4.86%	-6.13%
90 Days	-4.30%	-6.19%
12 Months	12.97%	11.12%

9 Overlapping Holdings

Symbol	Grade	Weight in GSIE	Weight in IEFA	Overlap
AGCO	D	0.03%	0.03%	0.03%
HMC	F	0.09%	0.21%	0.09%
MBAVU	D	0.04%	0.02%	0.02%
MFG	B	0.31%	0.31%	0.31%
MUFG	B	0.41%	0.69%	0.41%
NMR	B	0.12%	0.09%	0.09%
SMFG	B	0.34%	0.46%	0.34%
SONY	B	0.17%	0.61%	0.17%
TM	D	0.42%	0.95%	0.42%

GSIE Overweight 28 Positions Relative to IEFA

Symbol	Grade	Weight
NVS	D	1.0%
HSBH	B	0.7%
TD	F	0.39%
UL	D	0.32%
WIX	B	0.3%
ABBV	D	0.29%
BCS	C	0.26%
TEVA	D	0.24%
E	F	0.24%
SHOP	B	0.23%
XRX	F	0.21%
LOGI	D	0.2%
MNDY	C	0.17%
LYG	F	0.17%
CHKP	D	0.11%
STLA	F	0.11%
QGEN	D	0.1%
CCEP	C	0.09%
SE	B	0.09%
CNI	D	0.09%
AER	B	0.08%
DEO	F	0.07%
RBA	A	0.05%
CYBR	B	0.05%
DOOO	F	0.04%
WFG	D	0.03%
FUTU	D	0.03%
OTEX	D	0.02%

GSIE Underweight 5 Positions Relative to IEFA

Symbol	Grade	Weight
MNTX	C	-0.01%
PIXY	F	-0.01%
RENB	F	-0.0%
GCBC	C	-0.0%
CHGX	A	-0.0%

GSIE: Top Represented Industries & Keywords

Industries: Banks - Global Software - Application Auto Manufacturers Capital Markets Drug Manufacturers - Major Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Business Services Computer Systems Consumer Electronics Diagnostics & Research Drug Manufacturers - Specialty & Generic Electronic Gaming & Multimedia Farm & Construction Equipment Household & Personal Products Information Technology Services Internet Content & Information