GIGB vs. HDGE ETF Comparison

Comparison of Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) to Ranger Equity Bear Bear ETF (HDGE)

GIGB

Goldman Sachs Access Investment Grade Corporate Bond ETF

GIGB Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Citi Goldman Sachs Investment Grade Corporate Bond Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of investment grade, corporate bonds denominated in U.S. dollars ("USD") that meet certain liquidity and fundamental screening criteria.

Grade (RS Rating)

Last Trade

$47.45

Average Daily Volume

63,165

Number of Holdings ^*

184

* may have additional holdings in another (foreign) market

HDGE

Ranger Equity Bear Bear ETF

HDGE Description

The investment seeks capital appreciation through short sales of domestically traded equity securities. The Sub-Advisor seeks to achieve the fund's investment objective by short selling a portfolio of liquid mid- and large-cap U.S. exchange-traded equity securities, ETFs registered pursuant to the 1940 Act, ETNs and other ETPs. The Sub-Advisor implements a bottom-up, fundamental, research driven security selection process that seeks to identify securities with low earnings quality or aggressive accounting that may tend to mask operational deterioration and bolster the reported earnings per share over a short time period.

Grade (RS Rating)

Last Trade

$19.00

Average Daily Volume

103,954

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GIGB	HDGE
30 Days	1.48%	0.46%
60 Days	4.74%	-1.25%
90 Days	5.44%	-10.21%
12 Months	12.78%	-9.81%

4 Overlapping Holdings

Symbol	Grade	Weight in GIGB	Weight in HDGE	Overlap
CVS	F	0.01%	-1.73%	-1.73%
MAR	C	0.03%	-1.82%	-1.82%
WDC	D	0.14%	-1.17%	-1.17%
WFC	D	0.01%	-1.32%	-1.32%

GIGB Overweight 180 Positions Relative to HDGE

Symbol	Grade	Weight
CB	B	0.16%
DHR	C	0.12%
TD	A	0.11%
WAB	A	0.1%
GLPI	C	0.1%
KOF	D	0.09%
GPN	D	0.09%
DFS	B	0.09%
DELL	C	0.08%
OTIS	C	0.07%
AER	B	0.07%
SLB	F	0.07%
SHW	B	0.07%
CSCO	B	0.07%
KEY	B	0.07%
RSG	D	0.06%
REGN	C	0.06%
WBA	F	0.06%
SYY	D	0.06%
EOG	D	0.06%
CM	A	0.06%
TMUS	C	0.06%
NEM	B	0.05%
MDT	C	0.05%
CF	C	0.05%
SCCO	D	0.05%
OMC	B	0.05%
NVDA	D	0.05%
TMO	C	0.05%
HCA	A	0.05%
CAG	C	0.05%
DD	B	0.05%
KHC	C	0.05%
UNP	C	0.05%
HBAN	B	0.05%
GILD	B	0.05%
FOXA	B	0.05%
KLAC	D	0.04%
ITW	C	0.04%
HRL	D	0.04%
HPE	D	0.04%
GE	A	0.04%
HPQ	D	0.04%
SWK	B	0.04%
LRCX	F	0.04%
TXN	C	0.04%
GOOGL	D	0.04%
DLTR	F	0.04%
VLO	F	0.04%
ALLY	D	0.04%
TGT	C	0.04%
BNS	A	0.04%
NOC	A	0.04%
TFC	D	0.04%
FITB	B	0.04%
RY	C	0.04%
VTRS	D	0.04%
ABBV	C	0.04%
WY	C	0.03%
ARE	C	0.03%
RPRX	D	0.03%
LUV	C	0.03%
DE	B	0.03%
HES	D	0.03%
FIS	B	0.03%
MET	A	0.03%
GIS	B	0.03%
EIX	C	0.03%
BDX	F	0.03%
CRM	D	0.03%
DOW	D	0.03%
LYB	F	0.03%
JEF	B	0.03%
SYF	C	0.03%
PCG	B	0.03%
BABA	B	0.03%
COST	B	0.03%
ZTS	C	0.03%
PSX	D	0.03%
PAA	C	0.03%
CARR	B	0.03%
SO	A	0.03%
C	D	0.03%
AXP	B	0.03%
HAL	F	0.03%
EXPE	C	0.02%
DVN	D	0.02%
ZBH	F	0.02%
AMAT	D	0.02%
NKE	D	0.02%
NXPI	D	0.02%
ED	C	0.02%
TSN	D	0.02%
ADBE	F	0.02%
QCOM	F	0.02%
ABT	C	0.02%
OKE	B	0.02%
BHP	D	0.02%
EPD	B	0.02%
COP	D	0.02%
MA	B	0.02%
DB	B	0.02%
ETN	C	0.02%
TAP	D	0.02%
WMT	B	0.02%
MPLX	B	0.02%
MPC	D	0.02%
HSBC	B	0.02%
ADM	D	0.01%
FANG	D	0.01%
BERY	C	0.01%
WELL	C	0.01%
LLY	C	0.01%
MMM	A	0.01%
GD	B	0.01%
NI	B	0.01%
BK	A	0.01%
LMT	B	0.01%
KO	B	0.01%
EXC	B	0.01%
CCI	C	0.01%
AZN	D	0.01%
SPG	A	0.01%
AIG	D	0.01%
PRU	C	0.01%
KDP	B	0.01%
DUK	B	0.01%
SBUX	C	0.01%
PM	C	0.01%
MMC	C	0.01%
ICE	C	0.01%
EBAY	B	0.01%
COF	A	0.01%
BSX	B	0.01%
STT	B	0.01%
PEP	D	0.01%
FDX	F	0.01%
EQNR	F	0.01%
CSX	D	0.01%
USB	B	0.01%
MU	F	0.01%
INTC	F	0.01%
WMB	B	0.01%
PNC	A	0.01%
NWG	C	0.01%
MUFG	D	0.01%
MO	C	0.01%
HON	D	0.01%
CAT	B	0.01%
KMI	A	0.01%
XOM	D	0.01%
VOD	C	0.01%
UPS	F	0.01%
MCD	B	0.01%
AVGO	C	0.01%
V	C	0.01%
AMT	C	0.01%
ORCL	B	0.01%
CHTR	D	0.01%
RTX	C	0.01%
JNJ	C	0.01%
DIS	D	0.01%
CMCSA	D	0.01%
VZ	B	0.01%
CI	C	0.01%
BA	F	0.01%
AMZN	C	0.01%
IBM	A	0.01%
MS	C	0.01%
PFE	C	0.01%
BAC	D	0.01%
GM	B	0.01%
CVX	D	0.01%
ET	B	0.01%
JPM	D	0.01%
MSFT	C	0.01%
ARCC	B	0.01%
BMO	C	0.01%
T	C	0.01%
AAPL	C	0.01%

GIGB Underweight 67 Positions Relative to HDGE

Symbol	Grade	Weight
ELF	F	--0.77%
CAR	F	--0.77%
LKQ	F	--0.96%
HTZ	F	--0.97%
MARA	F	--0.97%
ANSS	D	--0.98%
PLAB	F	--0.99%
VLY	C	--1.0%
ZS	F	--1.0%
ASAN	F	--1.01%
BRZE	F	--1.02%
NGVT	D	--1.03%
CFR	C	--1.04%
DAR	F	--1.06%
RIOT	F	--1.06%
MTRN	F	--1.07%
ENR	D	--1.07%
S	C	--1.08%
TPX	C	--1.08%
CWH	C	--1.08%
FLYW	F	--1.09%
HGV	D	--1.09%
PENN	C	--1.09%
DEO	D	--1.11%
JACK	F	--1.11%
GO	F	--1.12%
COIN	F	--1.14%
MRTN	D	--1.15%
GLBE	C	--1.17%
XRX	F	--1.17%
NCNO	D	--1.17%
WEX	C	--1.18%
JKS	D	--1.19%
DDOG	D	--1.21%
HUM	F	--1.21%
ETSY	F	--1.22%
ALB	F	--1.23%
PTC	D	--1.25%
CNXC	F	--1.27%
PCOR	F	--1.29%
SABR	C	--1.29%
ON	F	--1.3%
ROKU	C	--1.3%
CFLT	F	--1.32%
PI	B	--1.33%
AAL	D	--1.33%
IRDM	D	--1.34%
LOGI	D	--1.35%
SNA	C	--1.36%
FR	C	--1.37%
ODP	F	--1.38%
CMA	A	--1.39%
INFA	D	--1.41%
LVS	D	--1.45%
CACC	F	--1.45%
NET	D	--1.45%
MCW	F	--1.48%
VRT	C	--1.52%
DKNG	C	--1.66%
WK	D	--1.66%
NTST	D	--1.69%
KSS	F	--1.76%
OZK	D	--1.95%
SIG	C	--2.02%
TEAM	D	--2.05%
WSM	D	--2.15%
PAYC	D	--2.49%