GPIQ vs. QDF ETF Comparison

Comparison of Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) to FlexShares Quality Dividend Index Fund (QDF)

GPIQ

Goldman Sachs Nasdaq-100 Core Premium Income ETF

GPIQ Description

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in equity investments of companies that are included in the fund"s benchmark. The fund will generally seek to maintain style, capitalization and industry characteristics similar to its benchmark. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.91

Average Daily Volume

65,365

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

QDF

FlexShares Quality Dividend Index Fund

QDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility similar to that of the Northern Trust 1250 IndexSM (the "Parent Index"). It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$72.76

Average Daily Volume

26,182

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	GPIQ	QDF
30 Days	3.54%	1.66%
60 Days	4.89%	2.62%
90 Days	6.41%	4.00%
12 Months	25.50%	26.92%

23 Overlapping Holdings

Symbol	Grade	Weight in GPIQ	Weight in QDF	Overlap
AAPL	C	8.56%	8.54%	8.54%
ADP	B	0.77%	1.11%	0.77%
AVGO	D	4.88%	0.88%	0.88%
BKNG	A	1.06%	0.07%	0.07%
COST	B	2.63%	0.24%	0.24%
CTAS	B	0.56%	0.39%	0.39%
EA	A	0.28%	0.58%	0.28%
FAST	B	0.3%	0.68%	0.3%
GILD	C	0.7%	1.0%	0.7%
GOOG	C	2.47%	1.63%	1.63%
GOOGL	C	2.57%	1.84%	1.84%
INTU	C	1.15%	1.74%	1.15%
KLAC	D	0.53%	0.76%	0.53%
LRCX	F	0.58%	0.87%	0.58%
MAR	B	0.5%	0.05%	0.05%
MCHP	D	0.22%	0.45%	0.22%
META	D	4.81%	3.1%	3.1%
MSFT	F	7.66%	4.91%	4.91%
NVDA	C	8.9%	5.81%	5.81%
NXPI	D	0.36%	0.52%	0.36%
PAYX	C	0.32%	0.63%	0.32%
QCOM	F	1.17%	1.68%	1.17%
SBUX	A	0.71%	0.76%	0.71%

GPIQ Overweight 79 Positions Relative to QDF

Symbol	Grade	Weight
AMZN	C	5.3%
TSLA	B	4.13%
NFLX	A	2.38%
TMUS	B	1.73%
CSCO	B	1.46%
AMD	F	1.44%
ADBE	C	1.41%
PEP	F	1.37%
LIN	D	1.35%
ISRG	A	1.22%
TXN	C	1.17%
CMCSA	B	1.04%
AMGN	D	0.96%
HON	B	0.95%
AMAT	F	0.89%
PANW	C	0.8%
VRTX	F	0.74%
MU	D	0.69%
ADI	D	0.67%
INTC	D	0.66%
MELI	D	0.62%
APP	B	0.6%
PYPL	B	0.55%
MDLZ	F	0.54%
CDNS	B	0.52%
SNPS	B	0.52%
CRWD	B	0.52%
REGN	F	0.51%
PDD	F	0.5%
MRVL	B	0.49%
CEG	D	0.47%
ORLY	B	0.44%
FTNT	C	0.44%
CSX	B	0.43%
DASH	A	0.43%
ADSK	A	0.42%
ASML	F	0.4%
PCAR	B	0.37%
ABNB	C	0.37%
ROP	B	0.37%
CPRT	A	0.35%
CHTR	C	0.35%
WDAY	B	0.35%
MNST	C	0.34%
FANG	D	0.34%
TTD	B	0.34%
AEP	D	0.33%
ROST	C	0.3%
ODFL	B	0.29%
BKR	B	0.27%
KDP	D	0.27%
VRSK	A	0.26%
DDOG	A	0.26%
XEL	A	0.25%
EXC	C	0.25%
TEAM	A	0.25%
KHC	F	0.24%
AZN	D	0.24%
GEHC	F	0.24%
CTSH	B	0.24%
LULU	C	0.23%
IDXX	F	0.22%
CCEP	C	0.22%
TTWO	A	0.21%
ZS	C	0.2%
ANSS	B	0.19%
CSGP	D	0.19%
DXCM	D	0.19%
QQQM	B	0.18%
ON	D	0.18%
CDW	F	0.15%
WBD	C	0.15%
GFS	C	0.15%
MDB	C	0.14%
ILMN	D	0.14%
BIIB	F	0.14%
SMCI	F	0.11%
ARM	D	0.1%
MRNA	F	0.09%

GPIQ Underweight 104 Positions Relative to QDF

Symbol	Grade	Weight
PG	A	-3.03%
JNJ	D	-3.01%
ABBV	D	-2.58%
KO	D	-2.16%
ACN	C	-1.93%
HD	A	-1.77%
PM	B	-1.41%
LOW	D	-1.27%
UNP	C	-1.24%
MS	A	-0.98%
MO	A	-0.89%
VRT	B	-0.83%
NKE	D	-0.83%
CAT	B	-0.75%
JPM	A	-0.75%
ZTS	D	-0.74%
ITW	B	-0.74%
BK	A	-0.68%
MMM	D	-0.65%
LMT	D	-0.62%
FIS	C	-0.62%
AFL	B	-0.62%
PEG	A	-0.61%
PRU	A	-0.61%
VIRT	B	-0.6%
KTB	B	-0.6%
JHG	A	-0.6%
PSA	D	-0.6%
D	C	-0.59%
AVB	B	-0.58%
EBAY	D	-0.58%
CMA	A	-0.58%
GEN	B	-0.58%
TPR	B	-0.57%
MET	A	-0.56%
SNA	A	-0.56%
WTW	B	-0.56%
ORI	A	-0.55%
CHRW	C	-0.55%
EQR	B	-0.55%
MAA	B	-0.55%
VLO	C	-0.55%
MPC	D	-0.54%
OMF	A	-0.52%
OHI	C	-0.52%
CPT	B	-0.51%
IVZ	B	-0.51%
OGE	B	-0.51%
XOM	B	-0.5%
SMG	D	-0.5%
RDN	C	-0.49%
STWD	C	-0.49%
UGI	A	-0.49%
NSA	D	-0.49%
BPOP	B	-0.48%
WDFC	B	-0.47%
FAF	A	-0.47%
DVN	F	-0.46%
MRK	F	-0.45%
IPG	D	-0.45%
WU	D	-0.45%
POOL	C	-0.44%
WSM	B	-0.43%
TT	A	-0.43%
CFR	B	-0.42%
NUE	C	-0.42%
EVRG	A	-0.42%
WY	D	-0.42%
HST	C	-0.41%
SWKS	F	-0.4%
V	A	-0.4%
LNC	B	-0.39%
PFG	D	-0.39%
RHI	B	-0.38%
ALLY	C	-0.37%
CUBE	D	-0.37%
SCCO	F	-0.36%
WMS	D	-0.36%
APLE	B	-0.35%
EIX	B	-0.34%
IRDM	D	-0.31%
NEP	F	-0.3%
BR	A	-0.3%
MA	C	-0.26%
OLN	D	-0.25%
NNN	D	-0.23%
NTAP	C	-0.22%
WING	D	-0.2%
HRB	D	-0.17%
RMD	C	-0.17%
DPZ	C	-0.17%
PNW	B	-0.16%
PAYC	B	-0.16%
CL	D	-0.15%
COR	B	-0.14%
WMT	A	-0.13%
BSY	D	-0.13%
EXP	A	-0.08%
WFRD	D	-0.07%
CSWI	A	-0.07%
COP	C	-0.04%
STNG	F	-0.02%
BAC	A	-0.02%
BBWI	D	-0.01%