GSST vs. TWIO ETF Comparison

Comparison of Goldman Sachs Access Ultra Short Bond ETF (GSST) to Trajan Wealth Income Opportunities ETF (TWIO)

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

$50.15

Average Daily Volume

73,712

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TWIO

Trajan Wealth Income Opportunities ETF

TWIO Description

Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF is an exchange traded fund launched and managed by OBP Capital, LLC. The fund is co-managed by Trajan Wealth, LLC. It invests in the public equity and fixed income markets of the United States. For it equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. For its fixed income, the fund primarily invests in preferred securities and income producing fixed income securities with varying maturities. The fund employs fundamental analysis with bottom-up and top-down securities picking approach to create its portfolio. Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$8.95

Average Daily Volume

7,896

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GSST	TWIO
30 Days	0.53%	1.94%
60 Days	0.89%	0.12%
90 Days	1.36%	2.14%
12 Months	5.21%	8.45%

7 Overlapping Holdings

Symbol	Grade	Weight in GSST	Weight in TWIO	Overlap
ABBV	D	0.1%	1.57%	0.1%
AIG	A	0.23%	1.97%	0.23%
BX	C	0.03%	1.62%	0.03%
C	A	0.22%	2.44%	0.22%
OGE	A	0.07%	2.08%	0.07%
PSA	C	0.43%	1.46%	0.43%
VZ	C	0.4%	2.19%	0.4%

GSST Overweight 56 Positions Relative to TWIO

Symbol	Grade	Weight
JPM	A	0.88%
CI	D	0.72%
DFS	C	0.64%
NVR	D	0.64%
CCEP	A	0.59%
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%
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%
TD	F	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%
MMM	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%
BABA	B	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%
GNR	A	0.05%

GSST Underweight 12 Positions Relative to TWIO

Symbol	Grade	Weight
SBLK	B	-2.64%
IBM	D	-2.24%
SON	B	-2.18%
BG	B	-1.96%
BKH	B	-1.94%
VLO	D	-1.82%
XOM	B	-1.8%
WMB	A	-1.76%
FSK	A	-1.76%
CMSC	D	-1.72%
KO	A	-1.59%
K	B	-1.56%