GSIE vs. DBAW ETF Comparison

Comparison of Goldman Sachs ActiveBeta International Equity ETF (GSIE) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

GSIE

Goldman Sachs ActiveBeta International Equity ETF

GSIE Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® International Equity Index. The fund invests 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 market issuers outside of the United States.

Grade (RS Rating)

Last Trade

$34.11

Average Daily Volume

288,401

Number of Holdings ^*

37

* may have additional holdings in another (foreign) market

DBAW

db X-trackers MSCI All World ex US Hedged Equity Fund

DBAW Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index. The fund, using a "passive" or indexing investment approach, attempts to approximate the investment performance of the underlying index. The underlying index is designed to provide exposure to equity securities in developed and emerging stock markets (excluding the United States), while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.37

Average Daily Volume

12,784

Number of Holdings ^*

86

* may have additional holdings in another (foreign) market

Performance

Period	GSIE	DBAW
30 Days	-1.47%	-1.17%
60 Days	-4.86%	0.94%
90 Days	-4.30%	1.58%
12 Months	12.97%	18.22%

37 Overlapping Holdings

	Symbol	Grade	Weight in GSIE	Weight in DBAW	Overlap
	ABBV	D	0.29%	0.31%	0.29%
	AER	B	0.08%	0.07%	0.07%
	AGCO	D	0.03%	0.02%	0.02%
	BCS	C	0.26%	0.17%	0.17%
	CCEP	C	0.09%	0.05%	0.05%
	CHKP	D	0.11%	0.05%	0.05%
	CNI	D	0.09%	0.2%	0.09%
	CYBR	B	0.05%	0.05%	0.05%
	DEO	F	0.07%	0.23%	0.07%
	DOOO	F	0.04%	0.01%	0.01%
	E	F	0.24%	0.12%	0.12%
	FUTU	D	0.03%	0.02%	0.02%
	HMC	F	0.09%	0.14%	0.09%
	HSBH	B	0.7%	0.58%	0.58%
	LOGI	D	0.2%	0.04%	0.04%
	LYG	F	0.17%	0.15%	0.15%
	MBAVU	D	0.04%	0.01%	0.01%
	MFG	B	0.31%	0.21%	0.21%
	MNDY	C	0.17%	0.03%	0.03%
	MUFG	B	0.41%	0.46%	0.41%
	NMR	B	0.12%	0.06%	0.06%
	NVS	D	1.0%	0.71%	0.71%
	OTEX	D	0.02%	0.03%	0.02%
	QGEN	D	0.1%	0.03%	0.03%
	RBA	A	0.05%	0.06%	0.05%
	SE	B	0.09%	0.13%	0.09%
	SHOP	B	0.23%	0.46%	0.23%
	SMFG	B	0.34%	0.31%	0.31%
	SONY	B	0.17%	0.41%	0.17%
	STLA	F	0.11%	0.1%	0.1%
	TD	F	0.39%	0.34%	0.34%
	TEVA	D	0.24%	0.06%	0.06%
	TM	D	0.42%	0.62%	0.42%
	UL	D	0.32%	0.5%	0.32%
	WFG	D	0.03%	0.02%	0.02%
	WIX	B	0.3%	0.03%	0.03%
	XRX	F	0.21%	0.05%	0.05%

GSIE Overweight 0 Positions Relative to DBAW

	Symbol	Grade	Weight

GSIE Underweight 49 Positions Relative to DBAW

	Symbol	Grade	Weight
	BABA	D	-0.59%
	HDB	C	-0.29%
	PDD	F	-0.27%
	IBN	C	-0.26%
	NU	C	-0.14%
	VALE	F	-0.11%
	TCOM	B	-0.11%
	GOLD	D	-0.1%
	KB	B	-0.09%
	BIDU	F	-0.09%
	YUMC	C	-0.07%
	UMC	F	-0.06%
	SHG	D	-0.06%
	LI	F	-0.05%
	CHT	D	-0.05%
	BEKE	D	-0.04%
	BAP	B	-0.04%
	WIT	A	-0.03%
	XPEV	C	-0.03%
	HTHT	D	-0.03%
	TME	D	-0.03%
	SCCO	F	-0.03%
	GRAB	B	-0.03%
	BGNE	D	-0.03%
	ABEV	F	-0.03%
	KEP	B	-0.02%
	GGB	C	-0.02%
	VIPS	F	-0.02%
	BCH	F	-0.02%
	XP	F	-0.02%
	NIO	F	-0.02%
	ERJ	B	-0.02%
	ASAI	F	-0.02%
	ATHM	D	-0.01%
	CSAN	F	-0.01%
	STNE	F	-0.01%
	LPL	F	-0.01%
	BVN	F	-0.01%
	SBSW	D	-0.01%
	BRFS	D	-0.01%
	QFIN	B	-0.01%
	LEGN	F	-0.01%
	TAL	F	-0.01%
	BZ	F	-0.01%
	BILI	D	-0.01%
	GLBE	B	-0.01%
	IQ	F	-0.0%
	PAGS	F	-0.0%
	SKM	D	-0.0%

GSIE: Top Represented Industries & Keywords

Industries: Banks - Global Software - Application Auto Manufacturers Capital Markets Drug Manufacturers - Major Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Business Services Computer Systems Consumer Electronics Diagnostics & Research Drug Manufacturers - Specialty & Generic Electronic Gaming & Multimedia Farm & Construction Equipment Household & Personal Products Information Technology Services Internet Content & Information

Keywords: Bank Banking Financial Products Investment Banking Asset Management Insurance Products Investment Banking Services Advisory Services Asset Management Services Cars Cash Management Cash Management Services Commercial Banking Computing Corporate Banking Fax Investment Bank Investment Product Pharmaceutical Structured Finance

DBAW: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Software - Application Banks - Regional - Asia Banks - Global Capital Markets Specialty Retail Banks - Regional - Latin America Biotechnology Consumer Electronics Drug Manufacturers - Major Gold Industrial Metals & Minerals Information Technology Services Software - Infrastructure Telecom Services Aerospace & Defense Airports & Air Services Banks - Diversified Banks - Regional - Europe

Keywords: Bank Banking Investment Banking Financial Products Investment Banking Services Investment Product Transport Asset Management Cars Cash Management Commercial Banking E-Commerce Investment Bank Mining Nasdaq 100 Securitization Structured Finance Advertising Services Asset Management Services Corporate Banking