GVIP vs. QVAL ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to ValueShares U.S. Quantitative Value ETF (QVAL)

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

$106.33

Average Daily Volume

5,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.55

Average Daily Volume

25,741

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	QVAL
30 Days	-2.41%	-2.66%
60 Days	1.21%	5.01%
90 Days	6.01%	7.28%
12 Months	39.77%	35.38%

1 Overlapping Holdings

	Symbol	Grade	Weight in GVIP	Weight in QVAL	Overlap
	THC	D	2.35%	1.95%	1.95%

GVIP Overweight 44 Positions Relative to QVAL

Symbol	Grade	Weight
VRT	A	2.66%
PXD	B	2.49%
NVDA	B	2.48%
APG	A	2.35%
PGR	B	2.33%
TSM	B	2.27%
GE	A	2.25%
ET	A	2.25%
AER	A	2.25%
AMZN	A	2.25%
NFLX	D	2.24%
TDG	A	2.24%
META	D	2.22%
C	A	2.22%
GOOGL	A	2.22%
HES	A	2.21%
AVGO	B	2.21%
BSX	A	2.17%
FCNCA	A	2.16%
MSFT	D	2.13%
KKR	C	2.11%
BRK.A	D	2.09%
LNG	B	2.08%
TPX	C	2.07%
LLY	D	2.07%
MA	C	2.07%
BLDR	C	2.05%
V	C	2.05%
SPGI	C	2.04%
DHR	C	2.03%
APO	B	2.01%
CRM	D	2.01%
ACI	F	2.0%
BABA	C	1.99%
UBER	D	1.97%
NOW	D	1.97%
CZR	F	1.94%
UNP	C	1.94%
AAPL	F	1.93%
AMD	C	1.92%
WDAY	F	1.79%
CPRI	F	1.73%
MELI	D	1.68%
WSC	D	1.66%

GVIP Underweight 48 Positions Relative to QVAL

Symbol	Grade	Weight
SNX	A	-2.25%
LBRT	A	-2.25%
DAL	A	-2.15%
BG	B	-2.15%
WFRD	A	-2.15%
ELV	A	-2.12%
SIG	B	-2.11%
OMC	A	-2.08%
AMR	B	-2.08%
CRC	A	-2.07%
ARCH	B	-2.07%
ARW	A	-2.06%
INSW	A	-2.05%
CCK	B	-2.05%
MUSA	A	-2.05%
PSX	B	-2.04%
SM	A	-2.04%
ALSN	B	-2.04%
MO	A	-2.02%
OC	A	-2.02%
HAL	B	-2.02%
AGCO	B	-2.02%
SKX	B	-2.0%
T	C	-2.0%
VLO	B	-2.0%
TPH	A	-1.99%
TEX	B	-1.99%
CSCO	D	-1.98%
IPG	C	-1.98%
UTHR	B	-1.98%
PHM	B	-1.95%
UFPI	C	-1.94%
CEIX	B	-1.94%
GPK	A	-1.93%
CMCSA	F	-1.92%
SNA	D	-1.9%
CVI	D	-1.9%
CTSH	D	-1.9%
LEA	D	-1.9%
TOL	B	-1.9%
HPQ	D	-1.9%
APA	B	-1.89%
TMHC	B	-1.88%
BBY	D	-1.86%
DHI	D	-1.84%
MOH	F	-1.81%
CROX	C	-1.8%
CRI	F	-1.79%