GSC vs. KBE ETF Comparison

Comparison of Goldman Sachs Small Cap Core Equity ETF (GSC) to SPDR S&P Bank ETF (KBE)

GSC

Goldman Sachs Small Cap Core Equity ETF

GSC Description

The investment seeks to replicates, net of expenses, the S&P GSCI Enhanced Commodity Total Return Strategy Index. The index reflects the total returns that are potentially available through an unleveraged investment in the same futures contracts as are included in the S&P GSCI.

Grade (RS Rating)

Last Trade

$54.55

Average Daily Volume

40,188

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.28

Average Daily Volume

1,814,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GSC	KBE
30 Days	4.18%	10.56%
60 Days	2.94%	12.89%
90 Days	3.33%	13.40%
12 Months	31.10%	57.32%

1 Overlapping Holdings

	Symbol	Grade	Weight in GSC	Weight in KBE	Overlap
	NMIH	C	1.47%	0.93%	0.93%

GSC Overweight 9 Positions Relative to KBE

Symbol	Grade	Weight
MTH	D	2.09%
FSS	B	2.05%
MOG.A	B	1.96%
SPXC	A	1.94%
PIPR	A	1.65%
GTES	A	1.49%
CNM	D	1.47%
ACA	A	1.47%
CR	A	1.46%

GSC Underweight 92 Positions Relative to KBE

Symbol	Grade	Weight
APO	B	-1.45%
WFC	A	-1.42%
WBS	A	-1.37%
EWBC	A	-1.32%
PNFP	B	-1.32%
FHN	A	-1.3%
MTB	A	-1.29%
ZION	B	-1.29%
GBCI	B	-1.29%
AX	B	-1.28%
CFR	B	-1.28%
SNV	C	-1.27%
COLB	B	-1.27%
WTFC	A	-1.27%
ASB	B	-1.26%
NTRS	A	-1.25%
HBAN	A	-1.25%
TCBI	C	-1.24%
JXN	C	-1.22%
BAC	A	-1.22%
KEY	B	-1.21%
C	A	-1.21%
BOH	B	-1.21%
RF	A	-1.21%
FCNCA	A	-1.21%
JPM	A	-1.21%
VLY	B	-1.21%
CADE	B	-1.2%
CMA	B	-1.2%
EQH	C	-1.19%
FNB	A	-1.19%
FULT	A	-1.19%
CFG	B	-1.18%
CBSH	B	-1.18%
PNC	B	-1.18%
UMBF	B	-1.17%
HWC	B	-1.17%
OZK	B	-1.17%
BKU	A	-1.16%
BK	A	-1.16%
USB	A	-1.15%
PB	B	-1.15%
HOMB	A	-1.15%
CRBG	B	-1.14%
TBBK	B	-1.14%
ABCB	B	-1.14%
ONB	C	-1.14%
UBSI	B	-1.14%
SSB	B	-1.13%
FITB	B	-1.13%
TFC	A	-1.13%
BANC	B	-1.13%
FFIN	B	-1.13%
VOYA	B	-1.1%
FIBK	B	-1.1%
WAL	B	-1.1%
FBP	C	-1.04%
COOP	B	-1.04%
AUB	B	-1.03%
EBC	B	-1.03%
CVBF	A	-1.02%
PFS	B	-1.0%
CBU	B	-0.99%
MTG	C	-0.99%
BPOP	C	-0.99%
WD	D	-0.99%
RDN	D	-0.98%
CATY	B	-0.97%
INDB	B	-0.97%
BOKF	B	-0.94%
UCB	A	-0.91%
SFBS	C	-0.9%
PFSI	C	-0.9%
ESNT	F	-0.89%
IBOC	B	-0.89%
FHB	B	-0.88%
WAFD	B	-0.83%
RNST	B	-0.82%
WSFS	B	-0.81%
TFIN	B	-0.79%
PPBI	C	-0.78%
IBTX	B	-0.77%
BANR	B	-0.75%
SBCF	B	-0.72%
RKT	F	-0.69%
SFNC	C	-0.64%
TRMK	C	-0.61%
FFBC	B	-0.61%
HTH	C	-0.58%
FRME	B	-0.56%
LKFN	C	-0.45%
WSBC	B	-0.44%