GSST vs. PFIX ETF Comparison

Comparison of Goldman Sachs Access Ultra Short Bond ETF (GSST) to Simplify Interest Rate Hedge ETF (PFIX)

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

$50.66

Average Daily Volume

141,343

Number of Holdings ^*

62

* may have additional holdings in another (foreign) market

PFIX

Simplify Interest Rate Hedge ETF

PFIX Description

The investment seeks to track the performance, before fees and expenses, of the SoFi Sustainable Dividend Index. The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. The adviser attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund will invest at least 80% its net assets in dividend paying securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$41.70

Average Daily Volume

48,713

Number of Holdings ^*

107

* may have additional holdings in another (foreign) market

Performance

Period	GSST	PFIX
30 Days	0.70%	0.75%
60 Days	1.37%	-12.28%
90 Days	1.55%	-12.53%
12 Months	5.61%	-16.14%

18 Overlapping Holdings

	Symbol	Grade	Weight in GSST	Weight in PFIX	Overlap
	AEP	C	0.19%	0.31%	0.19%
	AIG	D	0.23%	0.34%	0.23%
	ATO	B	0.13%	0.11%	0.11%
	BAC	D	0.35%	1.73%	0.35%
	C	C	0.22%	0.77%	0.22%
	CCEP	C	0.59%	0.1%	0.1%
	DFS	C	0.64%	0.22%	0.22%
	DTE	A	0.35%	0.17%	0.17%
	ETR	A	0.18%	0.14%	0.14%
	FITB	B	0.15%	0.16%	0.15%
	GILD	B	0.23%	0.66%	0.23%
	HPE	C	0.13%	0.13%	0.13%
	JPM	D	0.88%	3.9%	0.88%
	MS	B	0.37%	0.81%	0.37%
	PFG	B	0.11%	0.14%	0.11%
	SO	B	0.48%	0.55%	0.48%
	TD	C	0.31%	0.83%	0.31%
	VZ	A	0.4%	1.26%	0.4%

GSST Overweight 44 Positions Relative to PFIX

	Symbol	Grade	Weight
	CI	C	0.72%
	NVR	B	0.64%
	FN	C	0.49%
	T	B	0.46%
	BMO	C	0.45%
	KIND	D	0.44%
	HSBC	B	0.43%
	CM	B	0.43%
	PSA	C	0.43%
	JXN	B	0.4%
	BNS	B	0.37%
	UBS	B	0.36%
	EQH	C	0.35%
	BIIB	F	0.34%
	R	C	0.33%
	ICE	C	0.31%
	SCHW	D	0.31%
	CNP	C	0.27%
	DUK	B	0.26%
	RY	A	0.25%
	DLTR	F	0.25%
	FIS	C	0.25%
	MMM	B	0.22%
	CRPT	D	0.2%
	MKL	C	0.19%
	PL	D	0.19%
	PPL	A	0.19%
	NWG	B	0.17%
	MPLX	B	0.16%
	BABA	B	0.16%
	NEE	B	0.15%
	CSL	B	0.14%
	ROP	C	0.14%
	RL	B	0.13%
	MPC	F	0.13%
	MCO	C	0.13%
	AL	C	0.11%
	ABBV	B	0.1%
	GM	C	0.1%
	COMM	C	0.1%
	VOYA	B	0.08%
	OGE	B	0.07%
	GNR	B	0.05%
	BX	C	0.03%

GSST Underweight 89 Positions Relative to PFIX

	Symbol	Grade	Weight
	AVGO	C	-3.86%
	XOM	D	-3.19%
	JNJ	C	-2.83%
	PG	C	-2.82%
	CVX	F	-2.06%
	TM	D	-1.97%
	NVS	C	-1.56%
	CSCO	B	-1.48%
	CMCSA	C	-1.29%
	QCOM	D	-1.27%
	TXN	B	-1.13%
	COP	F	-1.01%
	PLD	C	-0.91%
	BLK	B	-0.87%
	LMT	A	-0.82%
	ETN	C	-0.82%
	UPS	D	-0.81%
	ADP	C	-0.79%
	MDLZ	C	-0.76%
	CVS	D	-0.76%
	MMC	C	-0.75%
	GD	C	-0.46%
	USB	C	-0.45%
	HMC	D	-0.45%
	PSX	F	-0.45%
	STLA	F	-0.43%
	PNC	C	-0.43%
	NSC	C	-0.42%
	PCAR	D	-0.42%
	TRV	C	-0.38%
	APD	B	-0.37%
	VLO	F	-0.36%
	SRE	B	-0.33%
	NUE	D	-0.32%
	MET	B	-0.32%
	OKE	C	-0.31%
	PAYX	C	-0.3%
	BK	B	-0.29%
	JCI	B	-0.29%
	LHX	C	-0.29%
	CMI	B	-0.28%
	RSG	D	-0.28%
	GIS	B	-0.28%
	EXC	B	-0.27%
	KR	B	-0.26%
	E	D	-0.26%
	XEL	B	-0.25%
	PEG	B	-0.23%
	FANG	F	-0.23%
	HSY	D	-0.22%
	ADM	D	-0.22%
	VICI	C	-0.22%
	BCS	B	-0.22%
	AVB	C	-0.19%
	EIX	B	-0.19%
	WEC	B	-0.18%
	TROW	C	-0.17%
	STT	B	-0.16%
	ES	B	-0.15%
	MTB	C	-0.15%
	GPC	D	-0.14%
	DRI	C	-0.14%
	AEE	B	-0.14%
	HBAN	B	-0.13%
	GRMN	D	-0.13%
	OMC	B	-0.13%
	CMS	B	-0.12%
	RF	B	-0.12%
	SWKS	F	-0.12%
	SYF	C	-0.12%
	HST	D	-0.11%
	NTRS	C	-0.11%
	VTRS	D	-0.11%
	CINF	C	-0.11%
	FNF	B	-0.1%
	SNA	B	-0.1%
	PKG	B	-0.1%
	BBY	A	-0.1%
	IP	C	-0.09%
	AMCR	B	-0.09%
	EG	B	-0.09%
	CAG	B	-0.09%
	NI	B	-0.08%
	LNT	A	-0.08%
	MOS	F	-0.07%
	EVRG	B	-0.07%
	CHRW	B	-0.06%
	CPB	C	-0.06%
	FRO	D	-0.02%

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 Electricity Natural Gas 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

PFIX: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Asset Management Banks - Global Semiconductors Utilities - Diversified Auto Manufacturers Communication Equipment Drug Manufacturers - Major Oil & Gas Integrated Packaged Foods Packaging & Containers Aerospace & Defense Business Services Confectioners Credit Services Insurance - Life Insurance - Property & Casualty Integrated Shipping & Logistics Oil & Gas E&P

Keywords: S&P 500 Natural Gas Electricity Nasdaq 100 Bank Insurance Banking Cash Management Insurance Products Investment Bank Investment Management Dow Jones Component Financial Products Chemical Commercial Banking Electric Utility Mining Asset Management Services Cash Management Services Food Products