GVIP vs. CPAI ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to Counterpoint Quantitative Equity ETF (CPAI)

GVIP

Goldman Sachs Hedge Industry VIP ETF

GVIP Description

The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index.

Grade (RS Rating)

Last Trade

$127.10

Average Daily Volume

4,545

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CPAI

Counterpoint Quantitative Equity ETF

CPAI Description

CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.

Grade (RS Rating)

Last Trade

$35.81

Average Daily Volume

7,195

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	CPAI
30 Days	3.58%	5.48%
60 Days	7.38%	9.78%
90 Days	10.14%	11.01%
12 Months	39.01%

7 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in CPAI	Overlap
AAPL	C	1.82%	1.86%	1.82%
GOOGL	C	1.97%	2.03%	1.97%
LLY	F	1.39%	1.57%	1.39%
META	D	1.89%	1.87%	1.87%
MSFT	D	1.78%	1.83%	1.78%
PGR	A	1.92%	1.89%	1.89%
THC	D	1.76%	1.77%	1.76%

GVIP Overweight 42 Positions Relative to CPAI

Symbol	Grade	Weight
GEV	B	3.27%
APO	B	2.81%
HUBS	A	2.5%
SPOT	B	2.46%
LBRDK	C	2.46%
NTRA	A	2.42%
NFLX	A	2.33%
FI	A	2.32%
KKR	A	2.29%
CRM	B	2.24%
NVDA	B	2.21%
AMZN	C	2.13%
V	A	2.12%
WDAY	B	2.07%
JPM	A	2.05%
ALIT	C	2.03%
MA	B	2.0%
ET	A	1.99%
TSM	B	1.98%
SN	D	1.97%
FCNCA	A	1.97%
BABA	D	1.94%
HES	B	1.93%
CZR	F	1.9%
BRK.A	B	1.89%
WDC	D	1.88%
EDR	A	1.88%
GE	D	1.87%
AVGO	D	1.86%
AER	A	1.82%
MELI	C	1.79%
TDG	D	1.78%
HCP	B	1.77%
UNH	B	1.76%
AMD	F	1.75%
INSM	C	1.74%
UBER	F	1.7%
ACI	C	1.69%
IAC	F	1.67%
TEVA	C	1.65%
ADBE	C	1.64%
X	B	1.63%

GVIP Underweight 42 Positions Relative to CPAI

Symbol	Grade	Weight
TRGP	A	-2.61%
SFM	A	-2.49%
SKYW	C	-2.47%
TDS	B	-2.45%
OKE	A	-2.35%
HTZ	C	-2.35%
UNM	A	-2.3%
NTGR	B	-2.29%
CARG	B	-2.27%
GDDY	A	-2.25%
BRBR	A	-2.24%
VIRT	A	-2.24%
CNO	B	-2.14%
FTI	A	-2.12%
CLBT	B	-2.11%
EQH	C	-2.1%
ORCL	A	-2.1%
CVLT	B	-2.09%
FTDR	B	-2.09%
GNW	A	-2.07%
ZIM	C	-2.06%
MSI	B	-2.05%
PBI	B	-2.05%
ACIW	B	-2.04%
COR	B	-2.01%
CAH	B	-2.01%
TJX	A	-1.91%
PAA	B	-1.88%
PRM	C	-1.88%
LESL	D	-1.87%
PAGP	A	-1.87%
LDOS	C	-1.86%
RTX	D	-1.85%
WES	C	-1.85%
NYT	D	-1.76%
BRC	D	-1.74%
MHO	D	-1.73%
ROST	D	-1.72%
WBA	F	-1.7%
UHS	D	-1.58%
HCA	F	-1.55%
AGL	F	-0.82%