GVIP vs. FXR ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to First Trust Industrials AlphaDEX (FXR)

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

$109.60

Average Daily Volume

5,057

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXR

First Trust Industrials AlphaDEX

FXR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Industrials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the industrials and producer durables sectors that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$71.40

Average Daily Volume

75,424

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	FXR
30 Days	1.41%	0.62%
60 Days	3.69%	2.23%
90 Days	5.88%	7.14%
12 Months	43.22%	32.97%

6 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in FXR	Overlap
BLDR	D	2.1%	0.98%	0.98%
MA	D	1.97%	0.48%	0.48%
TDG	A	2.3%	1.08%	1.08%
UNP	C	1.97%	0.25%	0.25%
V	C	2.0%	0.25%	0.25%
WSC	D	1.56%	0.21%	0.21%

GVIP Overweight 40 Positions Relative to FXR

Symbol	Grade	Weight
VRT	B	2.94%
THC	A	2.81%
PXD	B	2.48%
NVDA	B	2.41%
FCNCA	B	2.38%
C	A	2.37%
GOOGL	B	2.37%
AER	A	2.34%
ET	A	2.32%
PGR	A	2.31%
GE	C	2.3%
HES	B	2.3%
BSX	A	2.27%
BABA	B	2.27%
AMZN	B	2.24%
APG	D	2.22%
TSM	B	2.19%
LNG	D	2.14%
KKR	B	2.1%
BRK.A	C	2.08%
APO	C	2.07%
LLY	C	2.07%
TPX	C	2.06%
DHR	B	2.06%
SPGI	B	2.05%
AVGO	C	2.04%
ACI	C	2.03%
MSFT	C	2.02%
NFLX	C	2.02%
AAPL	B	1.95%
CRM	D	1.95%
META	D	1.94%
NOW	D	1.82%
UBER	D	1.8%
MELI	B	1.79%
WDAY	F	1.72%
CZR	F	1.71%
AMD	D	1.7%
CPRI	F	1.54%
GEV	C	0.54%

GVIP Underweight 122 Positions Relative to FXR

Symbol	Grade	Weight
TT	A	-1.44%
SYF	B	-1.42%
EME	A	-1.41%
OC	A	-1.41%
R	A	-1.39%
BAH	A	-1.37%
PWR	A	-1.37%
AXP	A	-1.36%
MDU	A	-1.34%
WCC	B	-1.34%
AL	C	-1.33%
BERY	C	-1.32%
SON	B	-1.31%
SNDR	D	-1.31%
G	D	-1.3%
EXP	A	-1.3%
BWXT	D	-1.28%
BLD	C	-1.26%
URI	C	-1.26%
GPK	C	-1.24%
CAT	C	-1.24%
OSK	C	-1.24%
AGCO	D	-1.24%
ALSN	D	-1.22%
SPR	D	-1.21%
KEX	A	-1.2%
TTEK	A	-1.17%
XYL	A	-1.1%
AXON	C	-1.07%
LFUS	B	-1.06%
VMC	B	-1.0%
DE	B	-1.0%
SLGN	B	-0.98%
AWI	D	-0.96%
MSM	D	-0.96%
SNA	D	-0.95%
GTES	D	-0.95%
HUBB	C	-0.95%
GWW	D	-0.94%
FDX	C	-0.92%
LECO	D	-0.91%
VNT	D	-0.9%
SQ	D	-0.89%
KNX	D	-0.88%
BC	D	-0.87%
PCAR	D	-0.87%
HII	D	-0.86%
ADTN	D	-0.82%
NVT	B	-0.81%
EEFT	B	-0.81%
CACC	D	-0.8%
FICO	C	-0.79%
CTAS	A	-0.79%
PYPL	C	-0.78%
WMS	B	-0.78%
UPS	D	-0.78%
COF	B	-0.77%
AYI	C	-0.77%
JCI	B	-0.77%
WU	D	-0.76%
GXO	C	-0.76%
MSA	C	-0.76%
PKG	D	-0.74%
TREX	D	-0.74%
TXT	D	-0.72%
SHW	D	-0.72%
CSX	D	-0.72%
TDY	D	-0.72%
WEX	D	-0.7%
RHI	D	-0.7%
SAIA	F	-0.69%
MIDD	F	-0.69%
GPN	F	-0.66%
JBHT	D	-0.66%
WAB	A	-0.57%
CW	A	-0.55%
CCK	B	-0.54%
AMCR	A	-0.54%
GD	A	-0.53%
AXTA	A	-0.53%
ATR	B	-0.53%
FCN	B	-0.53%
DD	A	-0.52%
DOV	A	-0.52%
DCI	A	-0.51%
LHX	A	-0.51%
J	D	-0.5%
EXPD	D	-0.49%
AOS	C	-0.49%
PNR	B	-0.49%
KEYS	D	-0.49%
ITT	A	-0.49%
RPM	D	-0.48%
OTIS	C	-0.48%
LSTR	C	-0.48%
JKHY	C	-0.48%
ALLE	D	-0.47%
LPX	A	-0.45%
EFX	D	-0.44%
WWD	A	-0.29%
GNRC	B	-0.28%
VMI	B	-0.28%
WSO	A	-0.28%
HEI	A	-0.28%
RTX	A	-0.27%
CSL	A	-0.26%
SEE	B	-0.25%
MLM	C	-0.25%
NDSN	A	-0.25%
PH	A	-0.25%
MAN	B	-0.25%
EMR	B	-0.24%
HON	C	-0.24%
GGG	D	-0.23%
MAS	D	-0.23%
FTV	D	-0.23%
NSC	D	-0.23%
FOUR	D	-0.23%
IEX	D	-0.23%
PPG	D	-0.23%
AME	D	-0.23%
ODFL	D	-0.21%