GPOW vs. EINC ETF Comparison

Comparison of Goldman Sachs North American Pipelines & Power Equity ETF (GPOW) to VanEck Vectors Energy Income ETF (EINC)

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

$56.87

Average Daily Volume

1,278

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EINC

VanEck Vectors Energy Income ETF

EINC Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® North America Energy Infrastructure Index. The fund will normally invest at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is a rules-based index designed to give investors a means to track the overall performance of North American companies involved in the midstream energy segment, which includes master limited partnerships (MLPs) and corporations involved in oil and gas storage and transportation. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$100.22

Average Daily Volume

7,788

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GPOW	EINC
30 Days	9.49%	14.20%
60 Days	13.60%	19.08%
90 Days	15.96%	21.46%
12 Months	41.76%	54.26%

22 Overlapping Holdings

Symbol	Grade	Weight in GPOW	Weight in EINC	Overlap
AM	A	3.74%	4.26%	3.74%
CQP	B	0.69%	0.67%	0.67%
DKL	C	0.24%	0.17%	0.17%
DTM	A	2.46%	5.23%	2.46%
EE	A	0.14%	0.41%	0.14%
ENLC	A	2.33%	3.11%	2.33%
EPD	A	5.51%	4.09%	4.09%
ET	A	3.05%	4.24%	3.05%
HESM	B	3.51%	0.85%	0.85%
KMI	A	6.63%	6.24%	6.24%
KNTK	A	0.22%	2.22%	0.22%
LNG	A	5.3%	6.33%	5.3%
MPLX	A	0.77%	4.22%	0.77%
NEXT	C	0.46%	0.79%	0.46%
NGL	D	0.08%	0.15%	0.08%
OKE	A	5.87%	7.33%	5.87%
PAA	B	1.78%	2.42%	1.78%
PAGP	A	3.24%	0.97%	0.97%
SUN	B	0.41%	1.73%	0.41%
TRGP	A	9.24%	5.84%	5.84%
WES	C	0.66%	1.72%	0.66%
WMB	A	6.31%	8.85%	6.31%

GPOW Overweight 12 Positions Relative to EINC

Symbol	Grade	Weight
WKC	C	1.55%
AES	F	1.45%
CWEN	C	1.35%
ORA	B	1.34%
UGI	C	1.22%
AY	A	1.09%
NEP	F	0.48%
CLNE	F	0.45%
NJR	A	0.34%
NFE	D	0.33%
GLP	A	0.17%
SPH	C	0.14%

GPOW Underweight 2 Positions Relative to EINC

	Symbol	Grade	Weight
	AROC	A	-2.54%
	GEL	D	-0.33%