GSEU vs. CEFA ETF Comparison

Comparison of Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) to Global X S&P Catholic Values Developed ex-U.S. ETF (CEFA)

GSEU

Goldman Sachs ActiveBeta Europe Equity ETF

GSEU Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Europe Equity Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) 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 is designed to deliver exposure to equity securities of developed markets issuers in Europe.

Grade (RS Rating)

Last Trade

$35.23

Average Daily Volume

34,452

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CEFA

Global X S&P Catholic Values Developed ex-U.S. ETF

CEFA Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Developed ex-U.S. Catholic Values Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to provide exposure to developed market equity securities outside the U.S. while maintaining alignment with the moral and social teachings of the Catholic Church. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.47

Average Daily Volume

1,706

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GSEU	CEFA
30 Days	-4.53%	-2.27%
60 Days	-7.27%	-5.60%
90 Days	-7.94%	-5.40%
12 Months	9.14%	8.00%

9 Overlapping Holdings

Symbol	Grade	Weight in GSEU	Weight in CEFA	Overlap
ABBV	D	0.58%	0.82%	0.58%
BCS	C	0.46%	0.34%	0.34%
CCEP	C	0.14%	0.18%	0.14%
DEO	F	0.27%	0.77%	0.27%
E	F	0.39%	0.22%	0.22%
HSBH	B	1.23%	1.2%	1.2%
LYG	F	0.23%	0.31%	0.23%
STLA	F	0.22%	0.23%	0.22%
UL	D	0.84%	1.67%	0.84%

GSEU Overweight 4 Positions Relative to CEFA

Symbol	Grade	Weight
NVS	D	1.87%
LOGI	D	0.36%
QGEN	D	0.21%
AER	B	0.15%

GSEU Underweight 19 Positions Relative to CEFA

Symbol	Grade	Weight
TM	D	-1.73%
MUFG	B	-1.02%
SMFG	B	-0.66%
ICLR	D	-0.54%
SPOT	B	-0.48%
MFG	B	-0.44%
HMC	F	-0.34%
SE	B	-0.28%
NMR	B	-0.13%
GRAB	B	-0.13%
CHKP	D	-0.12%
MBAVU	D	-0.12%
XRX	F	-0.11%
CYBR	B	-0.1%
MNDY	C	-0.08%
WIX	B	-0.08%
INMD	C	-0.04%
GLBE	B	-0.03%
FROG	C	-0.02%