GEM vs. NTSE ETF Comparison

Comparison of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) to WisdomTree Emerging Markets Efficient Core Fund (NTSE)

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$32.89

Average Daily Volume

100,869

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NTSE

WisdomTree Emerging Markets Efficient Core Fund

NTSE Description

WisdomTree Emerging Markets Efficient Core Fund is an exchange-traded fund incorporated in the US. The Fund is actively managed using a models-based approach. The fund seeks to achieve its investment objective by investing in emerging markets equity securities and U.S. Treasury futures contracts.

Grade (RS Rating)

Last Trade

$30.75

Average Daily Volume

2,258

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GEM	NTSE
30 Days	-1.26%	0.52%
60 Days	-0.48%	2.21%
90 Days	-0.18%	3.54%
12 Months	12.60%	15.73%

23 Overlapping Holdings

Symbol	Grade	Weight in GEM	Weight in NTSE	Overlap
ABEV	C	0.08%	0.12%	0.08%
BABA	C	1.89%	1.68%	1.68%
BCH	B	0.1%	0.08%	0.08%
BGNE	C	0.12%	0.1%	0.1%
BIDU	F	0.15%	0.25%	0.15%
CHT	A	0.07%	0.17%	0.07%
CSAN	F	0.05%	0.04%	0.04%
GGB	C	0.09%	0.07%	0.07%
IBN	B	0.82%	0.82%	0.82%
IQ	F	0.03%	0.01%	0.01%
KB	D	0.25%	0.25%	0.25%
KEP	C	0.04%	0.05%	0.04%
LI	F	0.05%	0.04%	0.04%
LPL	D	0.04%	0.04%	0.04%
PDD	F	0.65%	0.39%	0.39%
SHG	C	0.22%	0.18%	0.18%
SKM	A	0.24%	0.04%	0.04%
TCOM	C	0.15%	0.28%	0.15%
TME	F	0.09%	0.05%	0.05%
UMC	B	0.23%	0.23%	0.23%
VALE	D	0.44%	0.49%	0.44%
WIT	C	0.2%	0.09%	0.09%
YUMC	D	0.18%	0.15%	0.15%

GEM Overweight 17 Positions Relative to NTSE

Symbol	Grade	Weight
HDB	C	0.47%
VIPS	F	0.19%
QFIN	C	0.16%
NU	B	0.14%
KT	B	0.1%
SCCO	D	0.09%
BAP	B	0.07%
ATHM	C	0.07%
XP	D	0.06%
TAL	F	0.05%
BRFS	B	0.04%
ASAI	F	0.04%
ERJ	B	0.04%
BZ	F	0.03%
BVN	D	0.03%
BEKE	F	0.03%
PAGS	F	0.03%

GEM Underweight 13 Positions Relative to NTSE

Symbol	Grade	Weight
NTES	F	-0.35%
JD	F	-0.25%
ZTO	C	-0.1%
HTHT	D	-0.06%
NIO	C	-0.06%
YY	C	-0.03%
BILI	D	-0.03%
ZLAB	C	-0.02%
SBSW	F	-0.02%
GDS	C	-0.02%
WB	F	-0.01%
XPEV	D	-0.01%
DQ	F	-0.01%