GVIP vs. SPHB ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to PowerShares S&P 500 High Beta Portfolio (SPHB)

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

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$83.15

Average Daily Volume

621,828

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	SPHB
30 Days	-2.41%	-4.83%
60 Days	1.21%	0.95%
90 Days	6.01%	2.55%
12 Months	39.77%	26.95%

9 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in SPHB	Overlap
AMD	C	1.8%	1.17%	1.17%
AMZN	A	2.12%	1.05%	1.05%
AVGO	B	2.14%	1.01%	1.01%
BLDR	C	2.07%	1.15%	1.15%
CZR	F	1.86%	1.28%	1.28%
META	D	1.95%	1.28%	1.28%
NOW	D	1.89%	0.95%	0.95%
NVDA	B	2.34%	1.57%	1.57%
UBER	D	1.83%	0.95%	0.95%

GVIP Overweight 36 Positions Relative to SPHB

Symbol	Grade	Weight
VRT	A	2.91%
PXD	B	2.55%
FCNCA	A	2.52%
C	A	2.39%
ET	A	2.36%
HES	A	2.36%
PGR	B	2.34%
THC	D	2.32%
BSX	A	2.32%
AER	A	2.31%
GE	A	2.3%
TDG	A	2.29%
APG	A	2.25%
GOOGL	A	2.23%
TSM	B	2.21%
BABA	C	2.14%
LNG	B	2.14%
BRK.A	D	2.12%
MA	C	2.08%
APO	B	2.08%
KKR	C	2.07%
DHR	C	2.07%
V	C	2.07%
SPGI	C	2.06%
TPX	C	2.05%
MSFT	D	2.04%
NFLX	D	2.04%
UNP	C	2.03%
LLY	D	2.0%
CRM	D	1.97%
ACI	F	1.96%
AAPL	F	1.93%
WDAY	F	1.76%
MELI	D	1.63%
WSC	D	1.58%
CPRI	F	1.54%

GVIP Underweight 87 Positions Relative to SPHB

Symbol	Grade	Weight
CMA	A	-1.56%
GNRC	A	-1.48%
KEY	C	-1.41%
ALGN	C	-1.41%
NCLH	B	-1.33%
CCL	D	-1.31%
MPWR	C	-1.29%
ENPH	D	-1.29%
CFG	A	-1.28%
ZBRA	B	-1.24%
FCX	A	-1.24%
TFC	A	-1.22%
ABNB	B	-1.19%
AMAT	B	-1.18%
KLAC	B	-1.18%
USB	C	-1.16%
ALB	F	-1.14%
TER	B	-1.14%
LRCX	C	-1.12%
FITB	A	-1.11%
RCL	A	-1.11%
RF	B	-1.11%
URI	B	-1.1%
BX	C	-1.1%
FSLR	A	-1.09%
TSLA	D	-1.08%
PYPL	A	-1.08%
HBAN	A	-1.08%
SCHW	A	-1.08%
MCHP	A	-1.07%
NXPI	B	-1.04%
BXP	C	-1.04%
GOOG	A	-1.04%
ETSY	D	-1.04%
MTB	A	-1.04%
WDC	A	-1.04%
MHK	C	-1.02%
TROW	C	-1.02%
QCOM	B	-1.02%
SWK	D	-1.02%
DFS	A	-1.01%
IVZ	F	-1.01%
PARA	B	-1.0%
WBD	F	-1.0%
CE	C	-0.99%
GM	A	-0.97%
INTU	C	-0.96%
ON	D	-0.96%
TRMB	C	-0.96%
PNR	C	-0.95%
HAS	A	-0.95%
KMX	D	-0.94%
PAYC	D	-0.94%
CRL	D	-0.94%
CBRE	C	-0.94%
COF	A	-0.94%
ANET	C	-0.94%
IQV	C	-0.93%
ROK	D	-0.93%
SWKS	B	-0.93%
NTRS	B	-0.93%
SYF	A	-0.92%
AAL	D	-0.91%
MGM	F	-0.91%
DAY	D	-0.91%
POOL	C	-0.91%
ARE	D	-0.91%
EL	B	-0.9%
BEN	D	-0.89%
AES	B	-0.88%
EXPE	B	-0.86%
F	B	-0.86%
ADBE	D	-0.86%
CTLT	C	-0.86%
EPAM	F	-0.86%
CDNS	D	-0.83%
ADSK	F	-0.83%
IDXX	D	-0.83%
GPN	C	-0.82%
ISRG	C	-0.82%
ANSS	C	-0.82%
MTCH	F	-0.8%
ILMN	D	-0.8%
EFX	D	-0.8%
APTV	F	-0.78%
MSCI	F	-0.77%
INTC	F	-0.76%