GSEE vs. EEM ETF Comparison

Comparison of Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) to iShares MSCI Emerging Index Fund (EEM)

GSEE

Goldman Sachs MarketBeta Emerging Markets Equity ETF

GSEE Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS Emerging Markets Large & Mid Cap Index. The fund invests at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index consists of equity securities of large and mid-capitalization issuers covering approximately the largest 85% of the free-float market capitalization in emerging markets.

Grade (RS Rating)

Last Trade

$45.55

Average Daily Volume

8,386

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EEM

iShares MSCI Emerging Index Fund

EEM Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Emerging Markets Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of its underlying index and in depositary receipts representing securities in its underlying index. The underlying index is designed to measure equity market performance in the global emerging markets. The fund invests all of its assets that are invested in India in a wholly owned subsidiary located in the Republic of Mauritius (the "Subsidiary").

Grade (RS Rating)

Last Trade

$43.28

Average Daily Volume

30,734,503

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GSEE	EEM
30 Days	-3.69%	-4.31%
60 Days	-1.78%	-1.70%
90 Days	-1.32%	-1.28%
12 Months	11.89%	12.36%

14 Overlapping Holdings

Symbol	Grade	Weight in GSEE	Weight in EEM	Overlap
BABA	D	2.16%	2.21%	2.16%
BGNE	D	0.12%	0.13%	0.12%
BIDU	F	0.28%	0.31%	0.28%
BILI	D	0.06%	0.06%	0.06%
CHT	D	0.17%	0.18%	0.17%
HDB	C	1.38%	1.11%	1.11%
IBN	C	0.94%	1.01%	0.94%
LI	F	0.16%	0.18%	0.16%
NIO	F	0.08%	0.08%	0.08%
TCOM	B	0.43%	0.43%	0.43%
TME	D	0.1%	0.11%	0.1%
UMC	F	0.2%	0.21%	0.2%
WIT	A	0.11%	0.11%	0.11%
XPEV	C	0.08%	0.1%	0.08%

GSEE Overweight 34 Positions Relative to EEM

Symbol	Grade	Weight
PDD	F	0.94%
NU	C	0.53%
VALE	F	0.48%
KB	B	0.29%
SHG	D	0.21%
BEKE	D	0.17%
ABEV	F	0.12%
ASAI	F	0.11%
YMM	C	0.08%
XP	F	0.08%
ERJ	B	0.08%
HTHT	D	0.08%
MMYT	B	0.07%
VIPS	F	0.06%
GGB	C	0.06%
BCH	F	0.06%
BZ	F	0.05%
TAL	F	0.05%
KEP	B	0.05%
SBSW	D	0.04%
BRFS	D	0.04%
SKM	D	0.03%
LPL	F	0.03%
CSAN	F	0.03%
QFIN	B	0.03%
STNE	F	0.03%
GDS	C	0.03%
PAGS	F	0.02%
ATAT	C	0.02%
SBLK	F	0.02%
ATHM	D	0.02%
KT	A	0.02%
WB	D	0.01%
IQ	F	0.01%

GSEE Underweight 2 Positions Relative to EEM

	Symbol	Grade	Weight
	YUMC	C	-0.24%
	MNSO	F	-0.02%