GVIP vs. MVFD ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to Monarch Volume Factor Dividend Tree Index ETF (MVFD)

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

MVFD

Monarch Volume Factor Dividend Tree Index ETF

MVFD Description

MVFD focuses on equities demonstrating strong cash flow and dividend potential, shifting towards fixed income ETFs linked to US Treasurys in unfavorable cash flow scenarios. The fund seeks to mirror the performance of its target index, comprised of 40 equally weighted stocks selected for their financial health and income-producing ability, alongside up to 5 fixed income ETFs. Driving its selection process is the proprietary Volume Factor methodology, which examines stocks by analyzing the dynamics between market volume and price. This analysis is facilitated by a distinctive volume-price confirmation indicator. Evaluating a broad pool of 3,000 U.S. stocks, the methodology generates a composite score to rank and ensure that only the top-performing equities under positive financial conditions are chosen. MVFDs strategy aims for adaptability, modifying its equity-to-fixed income ratio based on prevailing financial trends. Furthermore, the index undergoes quarterly reconstitution to realign with market changes, optimizing the funds portfolio composition accordingly.

Grade (RS Rating)

Last Trade

$27.52

Average Daily Volume

6,200

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	MVFD
30 Days	3.58%	3.81%
60 Days	7.38%	6.09%
90 Days	10.14%	7.28%
12 Months	39.01%

0 Overlapping Holdings

	Symbol	Grade	Weight in GVIP	Weight in MVFD	Overlap

GVIP Overweight 49 Positions Relative to MVFD

Symbol	Grade	Weight
GEV	B	3.08%
LBRDK	C	2.75%
APO	B	2.71%
HUBS	A	2.54%
CRM	B	2.34%
FI	A	2.29%
KKR	A	2.27%
SPOT	B	2.2%
NVDA	B	2.2%
ALIT	C	2.18%
NFLX	A	2.17%
AMZN	C	2.15%
WDAY	B	2.13%
V	A	2.08%
BABA	D	2.03%
MA	B	2.02%
JPM	A	2.0%
NTRA	A	2.0%
SN	D	2.0%
GOOGL	C	1.99%
CZR	F	1.99%
TSM	B	1.98%
AVGO	D	1.96%
PGR	A	1.96%
META	D	1.95%
GE	D	1.91%
FCNCA	A	1.91%
TDG	D	1.9%
THC	D	1.87%
ET	A	1.87%
UNH	B	1.86%
BRK.A	B	1.86%
EDR	A	1.85%
HES	B	1.84%
MELI	C	1.83%
WDC	D	1.82%
AER	A	1.8%
AMD	F	1.79%
MSFT	D	1.78%
HCP	B	1.77%
AAPL	C	1.77%
UBER	F	1.74%
ADBE	C	1.71%
ACI	C	1.69%
TEVA	C	1.67%
IAC	F	1.67%
X	B	1.66%
INSM	C	1.64%
LLY	F	1.54%

GVIP Underweight 39 Positions Relative to MVFD

Symbol	Grade	Weight
MO	A	-3.74%
FOX	A	-3.57%
TGNA	B	-3.47%
FOXA	A	-3.36%
HLNE	B	-3.3%
BKH	A	-3.08%
VOYA	B	-3.0%
JHG	B	-2.92%
MATX	C	-2.88%
ADTN	A	-2.85%
ABM	B	-2.85%
QCOM	F	-2.71%
MLI	B	-2.7%
NYT	D	-2.62%
SR	A	-2.59%
EXPD	C	-2.47%
PM	B	-2.36%
LPX	B	-2.35%
RHI	C	-2.35%
WKC	C	-2.35%
MEI	F	-2.33%
SEM	B	-2.31%
AFL	B	-2.27%
CCK	D	-2.23%
GILD	C	-2.18%
CHRD	D	-2.17%
NTAP	C	-2.14%
CL	D	-2.13%
SSNC	B	-2.12%
AMKR	D	-2.08%
CME	B	-2.07%
WD	D	-2.05%
NRG	B	-2.04%
ALLY	C	-2.04%
TTC	C	-1.93%
EXPI	D	-1.9%
KBH	D	-1.87%
ADM	D	-1.86%
BCO	F	-1.7%