GSST vs. DBAW ETF Comparison

Comparison of Goldman Sachs Access Ultra Short Bond ETF (GSST) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

GSST

Goldman Sachs Access Ultra Short Bond ETF

GSST Description

The investment seeks to provide current income with preservation of capital. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in a broad range of U.S. dollar denominated bonds. It will concentrate its investments in the financial services group of industries. Under normal circumstances, the fund's effective duration is expected to be one year or less.

Grade (RS Rating)

Last Trade

$50.27

Average Daily Volume

76,780

Number of Holdings ^*

63

* may have additional holdings in another (foreign) market

DBAW

db X-trackers MSCI All World ex US Hedged Equity Fund

DBAW Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index. The fund, using a "passive" or indexing investment approach, attempts to approximate the investment performance of the underlying index. The underlying index is designed to provide exposure to equity securities in developed and emerging stock markets (excluding the United States), while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.01

Average Daily Volume

9,925

Number of Holdings ^*

82

* may have additional holdings in another (foreign) market

Performance

Period	GSST	DBAW
30 Days	0.56%	6.55%
60 Days	0.88%	4.17%
90 Days	1.45%	8.55%
12 Months	5.21%	19.16%

4 Overlapping Holdings

	Symbol	Grade	Weight in GSST	Weight in DBAW	Overlap
	ABBV	D	0.1%	0.32%	0.1%
	BABA	B	0.16%	0.63%	0.16%
	CCEP	A	0.59%	0.05%	0.05%
	TD	F	0.31%	0.37%	0.31%

GSST Overweight 59 Positions Relative to DBAW

	Symbol	Grade	Weight
	JPM	A	0.88%
	CI	D	0.72%
	DFS	C	0.64%
	NVR	D	0.64%
	FN	B	0.49%
	SO	A	0.48%
	T	B	0.46%
	BMO	C	0.45%
	PXD	B	0.44%
	KIND	C	0.44%
	HSBC	C	0.43%
	CM	C	0.43%
	PSA	C	0.43%
	VZ	C	0.4%
	JXN	B	0.4%
	BNS	D	0.37%
	MS	A	0.37%
	UBS	C	0.36%
	BAC	A	0.35%
	DTE	A	0.35%
	EQH	A	0.35%
	BIIB	C	0.34%
	R	A	0.33%
	ICE	D	0.31%
	SCHW	A	0.31%
	CNP	B	0.27%
	DUK	A	0.26%
	RY	A	0.25%
	DLTR	D	0.25%
	FIS	A	0.25%
	GILD	F	0.23%
	AIG	A	0.23%
	MMM	A	0.22%
	C	A	0.22%
	CRPT	D	0.2%
	MKL	A	0.19%
	PL	F	0.19%
	PPL	A	0.19%
	AEP	A	0.19%
	ETR	A	0.18%
	NWG	A	0.17%
	MPLX	A	0.16%
	FITB	A	0.15%
	NEE	B	0.15%
	CSL	A	0.14%
	ROP	D	0.14%
	ATO	C	0.13%
	RL	D	0.13%
	MPC	D	0.13%
	MCO	A	0.13%
	HPE	D	0.13%
	AL	C	0.11%
	PFG	C	0.11%
	GM	B	0.1%
	COMM	F	0.1%
	VOYA	B	0.08%
	OGE	A	0.07%
	GNR	A	0.05%
	BX	C	0.03%

GSST Underweight 78 Positions Relative to DBAW

	Symbol	Grade	Weight
	TM	D	-0.85%
	NVS	B	-0.77%
	UL	A	-0.49%
	MUFG	C	-0.42%
	SONY	F	-0.38%
	PDD	B	-0.3%
	DEO	D	-0.29%
	SMFG	C	-0.28%
	SHOP	F	-0.26%
	CNI	D	-0.25%
	IBN	C	-0.25%
	HMC	D	-0.19%
	HDB	D	-0.18%
	MFG	C	-0.18%
	STLA	D	-0.18%
	LYG	A	-0.16%
	VALE	C	-0.16%
	BCS	A	-0.15%
	FLUT	C	-0.14%
	E	B	-0.13%
	BIDU	C	-0.12%
	TCOM	A	-0.11%
	GOLD	B	-0.11%
	SE	C	-0.09%
	KB	A	-0.08%
	AER	A	-0.07%
	CHT	D	-0.06%
	YUMC	F	-0.06%
	LI	F	-0.06%
	UMC	C	-0.06%
	NMR	D	-0.06%
	TEVA	A	-0.06%
	CHKP	D	-0.05%
	LOGI	D	-0.05%
	TME	B	-0.05%
	RBA	C	-0.05%
	SHG	B	-0.05%
	ABEV	F	-0.04%
	XRX	D	-0.04%
	BEKE	B	-0.04%
	BAP	C	-0.04%
	NIO	D	-0.03%
	OTEX	F	-0.03%
	ZTO	C	-0.03%
	ASAI	F	-0.03%
	BGNE	C	-0.03%
	HTHT	B	-0.03%
	QGEN	B	-0.03%
	SCCO	A	-0.03%
	CYBR	D	-0.03%
	LEGN	F	-0.02%
	BZ	B	-0.02%
	TAL	B	-0.02%
	GGB	C	-0.02%
	BCH	A	-0.02%
	VIPS	D	-0.02%
	AGCO	D	-0.02%
	WIT	D	-0.02%
	WIX	D	-0.02%
	MNDY	F	-0.02%
	GRAB	C	-0.02%
	IQ	C	-0.01%
	QFIN	B	-0.01%
	ATHM	B	-0.01%
	DOOO	C	-0.01%
	LPL	D	-0.01%
	CSAN	F	-0.01%
	SKM	C	-0.01%
	GLBE	F	-0.01%
	BILI	C	-0.01%
	SBSW	D	-0.01%
	BVN	B	-0.01%
	FUTU	C	-0.01%
	WFG	D	-0.01%
	KEP	D	-0.01%
	XPEV	F	-0.01%
	YNDX	C	-0.0%
	KT	D	-0.0%

GSST: Top Represented Industries & Keywords

Industries: Banks - Global Utilities - Regulated Electric Asset Management Capital Markets Drug Manufacturers - Major Communication Equipment Diversified Industrials Insurance - Diversified Rental & Leasing Services Telecom Services Utilities - Regulated Gas Aerospace & Defense Apparel Manufacturing Auto Manufacturers Banks - Regional - US Beverages - Soft Drinks Business Services Conglomerates Consumer Electronics Credit Services

Keywords: S&P 500 Bank Banking Financial Products Natural Gas Electricity Commercial Banking Investment Bank Insurance Insurance Products Investment Banking Cash Management Nasdaq 100 Disability Telecommunications Trade Finance Wealth Management Asset Management Services Clearing Services Financial Advisory Services

DBAW: Top Represented Industries & Keywords

Industries: Internet Content & Information Auto Manufacturers Banks - Regional - Asia Software - Application Banks - Global Specialty Retail Telecom Services Banks - Regional - Latin America Biotechnology Capital Markets Consumer Electronics Drug Manufacturers - Major Gold Industrial Metals & Minerals Information Technology Services Airports & Air Services Banks - Regional - Europe Beverages - Brewers Beverages - Soft Drinks Beverages - Wineries & Distilleries

Keywords: Bank Investment Banking Banking Financial Products Investment Banking Services Transport Advertising Services Asset Management Cars Cash Management Commercial Banking Investment Bank Investment Product Mining Nasdaq 100 Securitization Structured Finance Telecommunications Asset Management Services Corporate Banking