GSEW vs. ACWV ETF Comparison

Comparison of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

GSEW

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GSEW Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive US Large Cap Equal Weight Index (GTR). 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. The index consists of equity securities of large capitalization U.S. issuers. The index is an equal-weight version of the Solactive US Large Cap Index, a market capitalization-weighted index that includes equity securities of approximately 500 of the largest U.S. companies.

Grade (RS Rating)

Last Trade

$82.13

Average Daily Volume

46,558

Number of Holdings ^*

489

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.95

Average Daily Volume

117,990

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	GSEW	ACWV
30 Days	5.61%	0.32%
60 Days	6.23%	-0.25%
90 Days	8.71%	1.23%
12 Months	32.95%	18.77%

117 Overlapping Holdings

Symbol	Grade	Weight in GSEW	Weight in ACWV	Overlap
ABBV	D	0.17%	0.49%	0.17%
ABT	B	0.2%	0.1%	0.1%
ACGL	D	0.19%	0.57%	0.19%
ACN	C	0.2%	0.26%	0.2%
AEE	A	0.21%	0.11%	0.11%
AEP	D	0.2%	0.07%	0.07%
AJG	B	0.21%	0.33%	0.21%
AKAM	D	0.17%	0.27%	0.17%
AMGN	D	0.18%	0.34%	0.18%
ANET	C	0.19%	0.06%	0.06%
AON	A	0.2%	0.35%	0.2%
APH	A	0.2%	0.54%	0.2%
AZO	C	0.19%	0.77%	0.19%
BAH	F	0.16%	0.37%	0.16%
BDX	F	0.19%	0.22%	0.19%
BMRN	D	0.19%	0.19%	0.19%
BMY	B	0.2%	0.25%	0.2%
BRK.A	B	0.2%	0.91%	0.2%
BRO	B	0.2%	0.3%	0.2%
CAG	D	0.18%	0.05%	0.05%
CAH	B	0.21%	0.18%	0.18%
CB	C	0.2%	0.88%	0.2%
CBOE	B	0.21%	0.54%	0.21%
CF	B	0.21%	0.25%	0.21%
CHD	B	0.21%	0.46%	0.21%
CI	F	0.21%	0.24%	0.21%
CL	D	0.21%	0.35%	0.21%
CME	A	0.2%	0.23%	0.2%
CMS	C	0.2%	0.16%	0.16%
COR	B	0.2%	1.05%	0.2%
CSCO	B	0.2%	1.57%	0.2%
CTSH	B	0.2%	0.21%	0.2%
CTVA	C	0.2%	0.12%	0.12%
DGX	A	0.21%	0.15%	0.15%
DPZ	C	0.2%	0.19%	0.19%
DUK	C	0.2%	0.81%	0.2%
EA	A	0.21%	0.63%	0.21%
ED	D	0.2%	0.84%	0.2%
EG	C	0.21%	0.1%	0.1%
ELV	F	0.19%	0.42%	0.19%
FANG	D	0.2%	0.06%	0.06%
FCNCA	A	0.21%	0.23%	0.21%
FI	A	0.2%	0.48%	0.2%
FICO	B	0.22%	0.12%	0.12%
GD	F	0.18%	0.18%	0.18%
GDDY	A	0.22%	0.64%	0.22%
GEN	B	0.2%	0.3%	0.2%
GILD	C	0.19%	0.48%	0.19%
GIS	D	0.19%	0.61%	0.19%
GPC	D	0.2%	0.05%	0.05%
HOLX	D	0.2%	0.05%	0.05%
HSY	F	0.19%	0.44%	0.19%
HUM	C	0.21%	0.31%	0.21%
IBM	C	0.21%	0.73%	0.21%
IT	C	0.19%	0.07%	0.07%
JKHY	D	0.19%	0.2%	0.19%
JNJ	D	0.19%	1.05%	0.19%
K	A	0.2%	0.57%	0.2%
KDP	D	0.19%	0.36%	0.19%
KEYS	A	0.21%	0.41%	0.21%
KHC	F	0.18%	0.33%	0.18%
KMB	D	0.21%	0.3%	0.21%
KO	D	0.2%	0.05%	0.05%
KR	B	0.19%	0.83%	0.19%
L	A	0.2%	0.4%	0.2%
LLY	F	0.19%	0.52%	0.19%
LMT	D	0.19%	0.23%	0.19%
LNG	B	0.22%	0.16%	0.16%
MA	C	0.2%	0.19%	0.19%
MCD	D	0.19%	1.02%	0.19%
MCK	B	0.23%	1.42%	0.23%
MDLZ	F	0.19%	0.25%	0.19%
MKL	A	0.21%	0.43%	0.21%
MMC	B	0.2%	0.88%	0.2%
MNST	C	0.2%	0.12%	0.12%
MOH	F	0.18%	0.12%	0.12%
MPC	D	0.2%	0.15%	0.15%
MRK	F	0.19%	1.06%	0.19%
MSFT	F	0.2%	0.76%	0.2%
MSI	B	0.21%	1.88%	0.21%
NEM	D	0.19%	0.09%	0.09%
NOC	D	0.19%	0.77%	0.19%
ORCL	B	0.21%	0.54%	0.21%
ORLY	B	0.19%	0.62%	0.19%
PCG	A	0.21%	0.1%	0.1%
PEP	F	0.19%	1.08%	0.19%
PG	A	0.21%	0.82%	0.21%
PGR	A	0.2%	0.84%	0.2%
PTC	A	0.19%	0.22%	0.19%
REGN	F	0.18%	0.61%	0.18%
ROL	B	0.2%	0.21%	0.2%
ROP	B	0.19%	1.36%	0.19%
RSG	A	0.21%	1.19%	0.21%
SO	D	0.2%	0.8%	0.2%
T	A	0.2%	0.26%	0.2%
TDY	B	0.2%	0.11%	0.11%
TJX	A	0.21%	0.37%	0.21%
TMUS	B	0.2%	2.03%	0.2%
TPL	A	0.23%	0.1%	0.1%
TRGP	B	0.22%	0.08%	0.08%
TRV	B	0.2%	0.32%	0.2%
TSN	B	0.21%	0.32%	0.21%
ULTA	F	0.18%	0.16%	0.16%
UNH	C	0.2%	0.83%	0.2%
V	A	0.2%	0.59%	0.2%
VRSN	F	0.2%	0.35%	0.2%
VRTX	F	0.18%	1.13%	0.18%
VZ	C	0.2%	0.76%	0.2%
WDAY	B	0.21%	0.1%	0.1%
WEC	A	0.21%	0.68%	0.21%
WM	A	0.2%	1.5%	0.2%
WMT	A	0.21%	1.82%	0.21%
WRB	A	0.2%	0.41%	0.2%
WTW	B	0.2%	0.1%	0.1%
XEL	A	0.21%	0.11%	0.11%
XOM	B	0.2%	0.1%	0.1%
YUM	B	0.2%	0.24%	0.2%

GSEW Overweight 372 Positions Relative to ACWV

Symbol	Grade	Weight
APP	B	0.38%
MSTR	C	0.31%
SNOW	C	0.28%
VST	B	0.27%
WSM	B	0.27%
SMCI	F	0.27%
AXON	A	0.27%
TSLA	B	0.24%
VRT	B	0.24%
SQ	B	0.24%
HUBS	A	0.24%
COIN	C	0.24%
WBD	C	0.24%
OKE	A	0.23%
PLTR	B	0.23%
DKNG	B	0.23%
EQT	B	0.23%
NFLX	A	0.23%
FTNT	C	0.23%
DIS	B	0.23%
ATO	A	0.22%
BURL	A	0.22%
CRM	B	0.22%
UAL	A	0.22%
PEG	A	0.22%
BX	A	0.22%
DECK	A	0.22%
PODD	C	0.22%
LYV	A	0.22%
SRE	A	0.22%
PWR	A	0.22%
LNT	A	0.22%
MDB	C	0.22%
CRWD	B	0.22%
TTWO	A	0.22%
CTRA	B	0.22%
IBKR	A	0.22%
TEAM	A	0.22%
DDOG	A	0.22%
FLUT	A	0.22%
VTRS	A	0.22%
NET	B	0.22%
PANW	C	0.21%
PNR	A	0.21%
VLTO	D	0.21%
NEE	D	0.21%
INTU	C	0.21%
DASH	A	0.21%
KKR	A	0.21%
JCI	C	0.21%
WPC	D	0.21%
RF	A	0.21%
ESS	B	0.21%
AFL	B	0.21%
MCO	B	0.21%
FTV	C	0.21%
ALGN	D	0.21%
ANSS	B	0.21%
CMI	A	0.21%
IRM	D	0.21%
KIM	A	0.21%
VICI	C	0.21%
PM	B	0.21%
PYPL	B	0.21%
HPQ	B	0.21%
GWRE	A	0.21%
EQIX	A	0.21%
AWK	D	0.21%
BR	A	0.21%
WELL	A	0.21%
HON	B	0.21%
ADSK	A	0.21%
CVNA	B	0.21%
MAA	B	0.21%
EME	C	0.21%
PSA	D	0.21%
SBUX	A	0.21%
NTAP	C	0.21%
SPGI	C	0.21%
NRG	B	0.21%
HAL	C	0.21%
STZ	D	0.21%
CCL	B	0.21%
NDAQ	A	0.21%
EQR	B	0.21%
SPG	B	0.21%
LPLA	A	0.21%
BKNG	A	0.21%
EXR	D	0.21%
SYK	C	0.21%
OC	A	0.21%
NOW	A	0.21%
EL	F	0.21%
EVRG	A	0.21%
BSX	B	0.21%
RCL	A	0.21%
CEG	D	0.21%
TT	A	0.21%
HD	A	0.21%
EOG	A	0.21%
SW	A	0.21%
EIX	B	0.21%
PPL	B	0.21%
EW	C	0.21%
TW	A	0.21%
LII	A	0.21%
NI	A	0.21%
APD	A	0.21%
ISRG	A	0.21%
SCHW	B	0.21%
NTNX	A	0.21%
ZS	C	0.21%
CPAY	A	0.21%
BKR	B	0.21%
COST	B	0.21%
FDX	B	0.21%
KVUE	A	0.21%
WSO	A	0.21%
DLTR	F	0.21%
EXPE	B	0.21%
WMB	A	0.21%
DE	A	0.21%
ALL	A	0.21%
CNP	B	0.21%
DLR	B	0.21%
KMI	A	0.21%
DXCM	D	0.21%
PCAR	B	0.2%
WAB	B	0.2%
UPS	C	0.2%
RS	B	0.2%
GLW	B	0.2%
GE	D	0.2%
KEY	B	0.2%
ECL	D	0.2%
FIS	C	0.2%
MRO	B	0.2%
VEEV	C	0.2%
TYL	B	0.2%
SUI	D	0.2%
FAST	B	0.2%
LVS	C	0.2%
AXP	A	0.2%
STT	A	0.2%
RTX	C	0.2%
CFG	B	0.2%
SBAC	D	0.2%
C	A	0.2%
ADP	B	0.2%
RMD	C	0.2%
OTIS	C	0.2%
PH	A	0.2%
NKE	D	0.2%
OXY	D	0.2%
ADBE	C	0.2%
JPM	A	0.2%
META	D	0.2%
AIG	B	0.2%
USB	A	0.2%
DOV	A	0.2%
BLDR	D	0.2%
PHM	D	0.2%
POOL	C	0.2%
FNF	B	0.2%
GWW	B	0.2%
BLK	C	0.2%
TRMB	B	0.2%
BK	A	0.2%
GRMN	B	0.2%
ENTG	D	0.2%
ZBRA	B	0.2%
IDXX	F	0.2%
INTC	D	0.2%
GS	A	0.2%
IR	B	0.2%
IP	B	0.2%
SHW	A	0.2%
ADM	D	0.2%
LEN	D	0.2%
EBAY	D	0.2%
TFC	A	0.2%
AMP	A	0.2%
FE	C	0.2%
CCI	D	0.2%
APO	B	0.2%
IFF	D	0.2%
D	C	0.2%
BALL	D	0.2%
NVDA	C	0.2%
PNC	B	0.2%
ZM	B	0.2%
XYL	D	0.2%
PKG	A	0.2%
PLD	D	0.2%
GEV	B	0.2%
AMT	D	0.2%
HBAN	A	0.2%
EMR	A	0.2%
GGG	B	0.2%
DTE	C	0.2%
ROST	C	0.2%
CARR	D	0.2%
MKC	D	0.2%
MET	A	0.2%
SNPS	B	0.2%
MSCI	C	0.2%
AAPL	C	0.2%
DELL	C	0.2%
VLO	C	0.2%
GPN	B	0.2%
EXPD	D	0.2%
SLB	C	0.2%
O	D	0.2%
RPM	A	0.2%
ETN	A	0.2%
LUV	C	0.2%
LOW	D	0.2%
AME	A	0.2%
NTRS	A	0.2%
EXC	C	0.2%
MRVL	B	0.2%
RJF	A	0.2%
CTAS	B	0.2%
ICE	C	0.2%
CVX	A	0.2%
MS	A	0.2%
MTB	A	0.2%
BAC	A	0.2%
GM	B	0.2%
ARES	A	0.2%
DAL	C	0.2%
WFC	A	0.2%
SSNC	B	0.2%
FITB	A	0.2%
CSGP	D	0.2%
FDS	B	0.2%
INVH	D	0.2%
CBRE	B	0.2%
HPE	B	0.2%
ES	D	0.2%
CLX	B	0.2%
VTR	C	0.2%
HES	B	0.2%
HLT	A	0.2%
MAR	B	0.2%
VRSK	A	0.2%
TTD	B	0.2%
PSX	C	0.2%
CDNS	B	0.2%
CPRT	A	0.2%
CMG	B	0.2%
SNA	A	0.2%
ETR	B	0.2%
ZTS	D	0.2%
AVB	B	0.2%
CINF	A	0.2%
HIG	B	0.2%
HWM	A	0.2%
LH	C	0.2%
MO	A	0.2%
TOL	B	0.2%
BG	F	0.2%
JBHT	C	0.19%
CAT	B	0.19%
CVS	D	0.19%
AMAT	F	0.19%
FSLR	F	0.19%
HCA	F	0.19%
ON	D	0.19%
SWKS	F	0.19%
CHTR	C	0.19%
ADI	D	0.19%
DHR	F	0.19%
DG	F	0.19%
STE	F	0.19%
MLM	B	0.19%
STLD	B	0.19%
RBLX	C	0.19%
MDT	D	0.19%
GEHC	F	0.19%
UBER	D	0.19%
KLAC	D	0.19%
ABNB	C	0.19%
TSCO	D	0.19%
ARE	D	0.19%
WDC	D	0.19%
A	D	0.19%
JBL	B	0.19%
ROK	B	0.19%
ODFL	B	0.19%
GOOGL	C	0.19%
HUBB	B	0.19%
URI	B	0.19%
LHX	C	0.19%
AMD	F	0.19%
DRI	B	0.19%
PSTG	D	0.19%
NSC	B	0.19%
TRU	D	0.19%
CSX	B	0.19%
MMM	D	0.19%
TXT	D	0.19%
STX	D	0.19%
EFX	F	0.19%
BA	F	0.19%
COF	B	0.19%
UNP	C	0.19%
LRCX	F	0.19%
IEX	B	0.19%
WAT	B	0.19%
CNC	D	0.19%
LYB	F	0.19%
BBY	D	0.19%
AMZN	C	0.19%
SWK	D	0.19%
SYY	B	0.19%
VMC	B	0.19%
NDSN	B	0.19%
CMCSA	B	0.19%
MANH	D	0.19%
MAS	D	0.19%
DD	D	0.19%
PPG	F	0.19%
AVY	D	0.19%
SYF	B	0.19%
TER	D	0.19%
DVN	F	0.19%
DFS	B	0.19%
WST	C	0.19%
WY	D	0.19%
PAYX	C	0.19%
OMC	C	0.19%
F	C	0.19%
DOC	D	0.19%
NVR	D	0.19%
TROW	B	0.19%
EXAS	D	0.19%
ITW	B	0.19%
LIN	D	0.19%
CSL	C	0.19%
COP	C	0.19%
ZBH	C	0.19%
DHI	D	0.19%
PRU	A	0.19%
PFG	D	0.19%
AVTR	F	0.18%
RVTY	F	0.18%
NUE	C	0.18%
TDG	D	0.18%
MCHP	D	0.18%
ALNY	D	0.18%
BIIB	F	0.18%
QCOM	F	0.18%
ILMN	D	0.18%
IQV	D	0.18%
J	F	0.18%
BAX	D	0.18%
PFE	D	0.18%
TMO	F	0.18%
MU	D	0.18%
AVGO	D	0.18%
FCX	D	0.18%
TXN	C	0.18%
DOW	F	0.18%
LDOS	C	0.17%
MTD	D	0.17%
PINS	D	0.17%
CDW	F	0.17%
CE	F	0.16%
TGT	F	0.16%
MRNA	F	0.15%
MPWR	F	0.15%

GSEW Underweight 22 Positions Relative to ACWV

Symbol	Grade	Weight
UTHR	C	-0.4%
WCN	A	-0.39%
INCY	C	-0.38%
CHT	D	-0.37%
FFIV	B	-0.36%
JNPR	F	-0.32%
NBIX	C	-0.31%
SJM	D	-0.27%
ERIE	D	-0.26%
HRL	D	-0.23%
FWONK	B	-0.22%
CPB	D	-0.22%
MFG	B	-0.21%
AIZ	A	-0.13%
WIT	A	-0.12%
AZPN	A	-0.11%
KNX	B	-0.06%
DINO	D	-0.06%
CHRW	C	-0.06%
ACI	C	-0.05%
HSIC	B	-0.05%
HKD	F	-0.0%