GVIP vs. MEM ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to Matthews Emerging Markets Equity Active ETF (MEM)

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

$127.66

Average Daily Volume

4,583

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MEM

Matthews Emerging Markets Equity Active ETF

MEM Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries. It seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

Grade (RS Rating)

Last Trade

$31.75

Average Daily Volume

6,712

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	MEM
30 Days	4.90%	-3.48%
60 Days	7.68%	0.54%
90 Days	10.62%	2.54%
12 Months	39.62%	18.02%

3 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in MEM	Overlap
BABA	D	1.94%	1.97%	1.94%
MELI	D	1.79%	1.89%	1.79%
TSM	B	1.98%	1.96%	1.96%

GVIP Overweight 46 Positions Relative to MEM

Symbol	Grade	Weight
GEV	B	3.27%
APO	B	2.81%
HUBS	A	2.5%
SPOT	B	2.46%
LBRDK	C	2.46%
NTRA	B	2.42%
NFLX	A	2.33%
FI	A	2.32%
KKR	A	2.29%
CRM	B	2.24%
NVDA	C	2.21%
AMZN	C	2.13%
V	A	2.12%
WDAY	B	2.07%
JPM	A	2.05%
ALIT	C	2.03%
MA	C	2.0%
ET	A	1.99%
SN	D	1.97%
FCNCA	A	1.97%
GOOGL	C	1.97%
HES	B	1.93%
PGR	A	1.92%
CZR	F	1.9%
META	D	1.89%
BRK.A	B	1.89%
WDC	D	1.88%
EDR	A	1.88%
GE	D	1.87%
AVGO	D	1.86%
AER	B	1.82%
AAPL	C	1.82%
TDG	D	1.78%
MSFT	F	1.78%
HCP	B	1.77%
UNH	C	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 15 Positions Relative to MEM

Symbol	Grade	Weight
HDB	C	-4.03%
IBN	C	-3.6%
YUMC	C	-1.65%
BAP	B	-1.56%
FCX	D	-1.38%
GRAB	B	-1.18%
INFY	B	-1.02%
ITUB	F	-1.0%
NU	C	-1.0%
KB	B	-0.99%
TCOM	B	-0.96%
SKM	D	-0.8%
PBR	C	-0.55%
BEKE	D	-0.45%
JD	D	-0.45%