GPOW vs. AMTR ETF Comparison

Comparison of Goldman Sachs North American Pipelines & Power Equity ETF (GPOW) to ETRACS Alerian Midstream Energy Total Return Index ETN (AMTR)

GPOW

Goldman Sachs North American Pipelines & Power Equity ETF

GPOW Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is designed to deliver exposure to equity securities of U.S. and Canadian listed companies, including companies structured as master limited partnerships, operating in the pipelines and power universe. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.54

Average Daily Volume

141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AMTR

ETRACS Alerian Midstream Energy Total Return Index ETN

AMTR Description

The investment seeks to provide an unleveraged long exposure to the performance of the Alerian Midstream Energy Adjusted Net TR Index. The index is the adjusted net total return version of the Alerian Midstream Energy Index. The securities are subject to a Daily Tracking Fee equivalent to 0.75% per annum. The index tracks a broad-based composite of North American energy infrastructure companies that earn the majority of their cash flow from midstream energy activities involving energy commodities.

Grade (RS Rating)

Last Trade

$69.75

Average Daily Volume

1,123

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GPOW	AMTR
30 Days	4.39%	5.68%
60 Days	13.58%	11.73%
90 Days	10.57%	12.67%
12 Months	39.86%	42.93%

2 Overlapping Holdings

	Symbol	Grade	Weight in GPOW	Weight in AMTR	Overlap
	HESM	C	4.06%	0.14%	0.14%
	KMI	A	5.67%	8.89%	5.67%

GPOW Overweight 5 Positions Relative to AMTR

Symbol	Grade	Weight
TRGP	A	7.53%
EPD	A	5.73%
WMB	A	5.49%
OKE	A	5.42%
LNG	A	4.94%

GPOW Underweight 9 Positions Relative to AMTR

Symbol	Grade	Weight
ENB	A	-9.15%
PBA	A	-6.1%
CQP	D	-5.29%
MPLX	B	-3.18%
KEY	B	-1.49%
AM	A	-0.77%
ETRN	D	-0.73%
NGL	D	-0.31%
TELL	B	-0.06%

GPOW: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream