GPOW vs. GREI ETF Comparison

Comparison of Goldman Sachs North American Pipelines & Power Equity ETF (GPOW) to Goldman Sachs Future Real Estate (GREI)

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

GREI

Goldman Sachs Future Real Estate

GREI Description

Goldman Sachs Future Real Estate seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in equity investments in U.S. and non‑U.S. real estate and infrastructure companies. The adviser generally intends to invest in real estate and infrastructure companies that the adviser believes are aligned with key themes associated with secular growth drivers for real estate and infrastructure assets, which include innovation, demographic shifts, experiences over things, environmental sustainability, and social sustainability.

Grade (RS Rating)

Last Trade

$35.78

Average Daily Volume

371

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GPOW	GREI
30 Days	9.49%	-2.01%
60 Days	13.60%	-4.53%
90 Days	15.96%	-1.96%
12 Months	41.76%	14.38%

1 Overlapping Holdings

	Symbol	Grade	Weight in GPOW	Weight in GREI	Overlap
	LNG	A	5.3%	4.39%	4.39%

GPOW Overweight 33 Positions Relative to GREI

Symbol	Grade	Weight
TRGP	A	9.24%
KMI	A	6.63%
WMB	A	6.31%
OKE	A	5.87%
EPD	A	5.51%
AM	A	3.74%
HESM	B	3.51%
PAGP	A	3.24%
ET	A	3.05%
DTM	A	2.46%
ENLC	A	2.33%
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%
MPLX	A	0.77%
CQP	B	0.69%
WES	C	0.66%
NEP	F	0.48%
NEXT	C	0.46%
CLNE	F	0.45%
SUN	B	0.41%
NJR	A	0.34%
NFE	D	0.33%
DKL	C	0.24%
KNTK	A	0.22%
GLP	A	0.17%
SPH	C	0.14%
EE	A	0.14%
NGL	D	0.08%

GPOW Underweight 24 Positions Relative to GREI

Symbol	Grade	Weight
PLD	F	-4.68%
EQIX	A	-4.67%
NEE	C	-4.22%
WELL	A	-3.65%
DLR	B	-3.13%
AMT	C	-2.89%
WEC	A	-2.82%
EXR	C	-2.78%
AVB	B	-2.7%
XEL	A	-2.64%
VICI	C	-2.49%
ELS	C	-2.41%
CMS	C	-2.36%
VTR	B	-2.36%
AMH	C	-2.14%
SBAC	D	-2.11%
COLD	D	-1.93%
NSC	B	-1.93%
AEE	A	-1.93%
AWK	C	-1.9%
REXR	F	-1.76%
INVH	D	-1.72%
ARE	F	-1.68%
ES	C	-1.61%