GVIP vs. PRN ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to PowerShares Dynamic Industrials (PRN)

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

$106.07

Average Daily Volume

4,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PRN

PowerShares Dynamic Industrials

PRN Description

The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$132.26

Average Daily Volume

12,119

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	PRN
30 Days	-2.08%	-3.78%
60 Days	-0.63%	-1.85%
90 Days	3.26%	5.83%
12 Months	41.45%	40.05%

4 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in PRN	Overlap
APG	D	2.25%	1.74%	1.74%
BLDR	C	2.07%	3.17%	2.07%
TDG	A	2.29%	2.63%	2.29%
VRT	A	2.91%	3.61%	2.91%

GVIP Overweight 41 Positions Relative to PRN

Symbol	Grade	Weight
PXD	B	2.55%
FCNCA	A	2.52%
C	B	2.39%
ET	A	2.36%
HES	B	2.36%
PGR	B	2.34%
NVDA	C	2.34%
THC	A	2.32%
BSX	A	2.32%
AER	A	2.31%
GE	A	2.3%
GOOGL	A	2.23%
TSM	C	2.21%
BABA	B	2.14%
LNG	B	2.14%
AVGO	D	2.14%
BRK.A	D	2.12%
AMZN	B	2.12%
MA	D	2.08%
APO	B	2.08%
KKR	C	2.07%
DHR	C	2.07%
V	D	2.07%
SPGI	C	2.06%
TPX	C	2.05%
MSFT	D	2.04%
NFLX	C	2.04%
UNP	C	2.03%
LLY	C	2.0%
CRM	D	1.97%
ACI	C	1.96%
META	D	1.95%
AAPL	C	1.93%
NOW	D	1.89%
CZR	F	1.86%
UBER	D	1.83%
AMD	D	1.8%
WDAY	F	1.76%
MELI	B	1.63%
WSC	F	1.58%
CPRI	F	1.54%

GVIP Underweight 36 Positions Relative to PRN

Symbol	Grade	Weight
CTAS	B	-4.03%
HEI	A	-3.93%
HUBB	D	-3.61%
FIX	B	-3.59%
CPRT	D	-3.51%
AME	D	-3.44%
PWR	A	-3.3%
TT	A	-3.2%
SAIA	F	-3.08%
GWW	D	-3.01%
URI	D	-2.73%
GGG	F	-2.5%
PKG	C	-2.44%
CSL	A	-2.43%
ETN	B	-2.42%
STRL	D	-2.34%
XPO	D	-2.34%
HWM	A	-2.22%
WIRE	B	-2.14%
AXON	B	-2.12%
HRI	D	-2.12%
ARCB	F	-2.01%
BCC	D	-2.0%
DY	A	-1.99%
MYRG	D	-1.95%
CBZ	D	-1.9%
CSWI	A	-1.83%
IESC	A	-1.8%
GFF	C	-1.77%
GMS	B	-1.76%
UFPI	C	-1.71%
RUSHA	F	-1.58%
AIT	C	-1.57%
CMPR	D	-1.42%
HEES	F	-1.34%
AMSC	C	-1.27%