GPOW vs. ENFR ETF Comparison

Comparison of Goldman Sachs North American Pipelines & Power Equity ETF (GPOW) to Alerian Energy Infrastructure ETF (ENFR)

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

$56.62

Average Daily Volume

1,278

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ENFR

Alerian Energy Infrastructure ETF

ENFR Description

The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian Energy Infrastructure Index (AMEI) (the "index"). The index is comprised of 30 equity securities of issuers headquartered or incorporated in the United States and Canada that engage in the transportation, storage, and processing of energy commodities ("midstream energy businesses"). The fund will normally invest at least 90% of its total assets in securities that comprise the index (or depositary receipts based on such securities). It is non-diversified.

Grade (RS Rating)

Last Trade

$32.94

Average Daily Volume

36,030

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GPOW	ENFR
30 Days	9.49%	12.83%
60 Days	13.60%	17.90%
90 Days	15.96%	20.21%
12 Months	41.76%	52.99%

17 Overlapping Holdings

Symbol	Grade	Weight in GPOW	Weight in ENFR	Overlap
AM	A	3.74%	4.35%	3.74%
DKL	C	0.24%	0.13%	0.13%
DTM	A	2.46%	5.96%	2.46%
ENLC	A	2.33%	3.33%	2.33%
EPD	A	5.51%	7.43%	5.51%
ET	A	3.05%	8.9%	3.05%
HESM	B	3.51%	2.71%	2.71%
KMI	A	6.63%	5.86%	5.86%
KNTK	A	0.22%	1.81%	0.22%
LNG	A	5.3%	5.43%	5.3%
MPLX	A	0.77%	4.73%	0.77%
NEXT	C	0.46%	0.63%	0.46%
OKE	A	5.87%	5.46%	5.46%
PAGP	A	3.24%	4.4%	3.24%
TRGP	A	9.24%	6.06%	6.06%
WES	C	0.66%	2.16%	0.66%
WMB	A	6.31%	5.76%	5.76%

GPOW Overweight 17 Positions Relative to ENFR

Symbol	Grade	Weight
PAA	B	1.78%
WKC	C	1.55%
AES	F	1.45%
CWEN	C	1.35%
ORA	B	1.34%
UGI	C	1.22%
AY	A	1.09%
CQP	B	0.69%
NEP	F	0.48%
CLNE	F	0.45%
SUN	B	0.41%
NJR	A	0.34%
NFE	D	0.33%
GLP	A	0.17%
SPH	C	0.14%
EE	A	0.14%
NGL	D	0.08%

GPOW Underweight 2 Positions Relative to ENFR

	Symbol	Grade	Weight
	ANET	C	-0.45%
	GEL	D	-0.33%

ENFR: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Oil & Gas Pipelines Computer Systems Oil & Gas E&P