GPOW vs. AMZA ETF Comparison

Comparison of Goldman Sachs North American Pipelines & Power Equity ETF (GPOW) to InfraCap MLP ETF (AMZA)

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

$54.32

Average Daily Volume

354

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AMZA

InfraCap MLP ETF

AMZA Description

The investment seeks total return primarily through investments in equity securities of publicly traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"). Under normal market conditions, the fund will invest not less than 80% of its total assets in equity securities of MLPs in the energy infrastructure sector. Under normal circumstances, the fund will not invest more than 15% of its total assets in any one issuer. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.87

Average Daily Volume

33,345

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GPOW	AMZA
30 Days	4.54%	5.03%
60 Days	8.55%	4.93%
90 Days	13.26%	6.70%
12 Months	38.68%	31.62%

18 Overlapping Holdings

Symbol	Grade	Weight in GPOW	Weight in AMZA	Overlap
CQP	A	0.69%	4.91%	0.69%
DKL	C	0.24%	3.31%	0.24%
DTM	A	2.46%	0.77%	0.77%
ENLC	A	2.33%	2.82%	2.33%
EPD	A	5.51%	13.14%	5.51%
ET	A	3.05%	13.94%	3.05%
GLP	A	0.17%	1.62%	0.17%
HESM	C	3.51%	5.16%	3.51%
KMI	A	6.63%	2.2%	2.2%
LNG	A	5.3%	3.16%	3.16%
MPLX	A	0.77%	15.59%	0.77%
OKE	A	5.87%	1.29%	1.29%
PAA	A	1.78%	15.5%	1.78%
SPH	D	0.14%	0.21%	0.14%
SUN	C	0.41%	15.81%	0.41%
TRGP	A	9.24%	2.48%	2.48%
WES	C	0.66%	12.59%	0.66%
WMB	A	6.31%	3.72%	3.72%

GPOW Overweight 16 Positions Relative to AMZA

Symbol	Grade	Weight
AM	A	3.74%
PAGP	A	3.24%
WKC	C	1.55%
AES	F	1.45%
CWEN	D	1.35%
ORA	B	1.34%
UGI	C	1.22%
AY	A	1.09%
NEP	F	0.48%
NEXT	B	0.46%
CLNE	D	0.45%
NJR	A	0.34%
NFE	F	0.33%
KNTK	A	0.22%
EE	A	0.14%
NGL	D	0.08%

GPOW Underweight 6 Positions Relative to AMZA

Symbol	Grade	Weight
GEL	D	-1.75%
VLO	C	-1.63%
USAC	C	-1.39%
MPC	D	-1.06%
PSX	C	-0.53%
DINO	D	-0.01%

AMZA: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Oil & Gas Refining & Marketing Oil & Gas Equipment & Services Oil & Gas Pipelines Utilities - Regulated Gas