GVIP vs. DVOL ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

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

$127.52

Average Daily Volume

4,675

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.19

Average Daily Volume

3,459

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	DVOL
30 Days	4.99%	6.34%
60 Days	6.59%	9.49%
90 Days	10.72%	11.71%
12 Months	39.05%	35.97%

7 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in DVOL	Overlap
FI	A	2.32%	3.01%	2.32%
JPM	B	2.05%	1.99%	1.99%
MA	B	2.0%	2.74%	2.0%
MSFT	D	1.78%	1.68%	1.68%
PGR	A	1.92%	1.08%	1.08%
TDG	D	1.78%	0.85%	0.85%
V	A	2.12%	3.05%	2.12%

GVIP Overweight 42 Positions Relative to DVOL

Symbol	Grade	Weight
GEV	C	3.27%
APO	A	2.81%
HUBS	B	2.5%
SPOT	B	2.46%
LBRDK	C	2.46%
NTRA	B	2.42%
NFLX	B	2.33%
KKR	B	2.29%
CRM	B	2.24%
NVDA	C	2.21%
AMZN	C	2.13%
WDAY	C	2.07%
ALIT	C	2.03%
ET	B	1.99%
TSM	C	1.98%
SN	D	1.97%
FCNCA	B	1.97%
GOOGL	C	1.97%
BABA	D	1.94%
HES	C	1.93%
CZR	D	1.9%
META	D	1.89%
BRK.A	B	1.89%
WDC	C	1.88%
EDR	A	1.88%
GE	D	1.87%
AVGO	D	1.86%
AER	A	1.82%
AAPL	B	1.82%
MELI	C	1.79%
HCP	B	1.77%
UNH	B	1.76%
THC	D	1.76%
AMD	F	1.75%
INSM	C	1.74%
UBER	D	1.7%
ACI	C	1.69%
IAC	D	1.67%
TEVA	D	1.65%
ADBE	C	1.64%
X	C	1.63%
LLY	F	1.39%

GVIP Underweight 43 Positions Relative to DVOL

Symbol	Grade	Weight
TMUS	A	-3.35%
RSG	A	-3.18%
KMI	B	-3.16%
DTM	B	-3.1%
WMB	B	-2.96%
MMC	A	-2.87%
MSI	C	-2.8%
TJX	A	-2.71%
WELL	C	-2.69%
LIN	D	-2.68%
INGR	B	-2.63%
CTAS	B	-2.59%
CB	D	-2.55%
WMT	B	-2.49%
OKE	C	-2.44%
NOC	D	-2.33%
HLT	A	-2.33%
RTX	D	-2.28%
AMP	B	-2.26%
CACI	D	-2.23%
BRO	B	-2.19%
PKG	B	-2.12%
AM	B	-1.79%
COST	B	-1.69%
EHC	B	-1.6%
CW	B	-1.56%
AFL	B	-1.53%
GWW	A	-1.47%
HEI	B	-1.46%
WAB	B	-1.42%
AIG	B	-1.41%
CAH	B	-1.29%
ALL	B	-1.27%
TRV	B	-1.24%
ENSG	D	-1.24%
HLI	A	-1.23%
PTC	A	-1.21%
BRX	A	-1.08%
SF	B	-1.06%
TW	B	-1.03%
RGA	A	-1.01%
WRB	A	-0.98%
MTG	B	-0.95%