GVIP vs. GIAX ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to Nicholas Global Equity and Income ETF (GIAX)

GVIP

Goldman Sachs Hedge Industry VIP ETF

GVIP Description

The Goldman Sachs Hedge Industry VIP ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs Hedge Fund VIP Index.

Grade (RS Rating)

Last Trade

$127.14

Average Daily Volume

4,481

Number of Holdings ^*

49

* may have additional holdings in another (foreign) market

GIAX

Nicholas Global Equity and Income ETF

GIAX Description

The fund"s strategy includes two components: (i) holding shares of unaffiliated passively managed ETFs that seek to provide exposure to a range of global equity securities ("Index ETFs") and (ii) selling daily index credit call spreads ("Index Call Spreads") on one or more US equity indices. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.91

Average Daily Volume

33,109

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	GIAX
30 Days	3.88%	1.98%
60 Days	9.87%	4.21%
90 Days	14.58%	5.42%
12 Months	44.33%

7 Overlapping Holdings

	Symbol	Grade	Weight in GVIP	Weight in GIAX	Overlap
	AAPL	D	1.86%	1.11%	1.11%
	AMZN	B	2.16%	1.27%	1.27%
	GOOGL	B	1.98%	1.21%	1.21%
	META	B	1.99%	1.2%	1.2%
	MSFT	C	1.82%	1.05%	1.05%
	NVDA	A	2.12%	1.31%	1.31%
	TSM	C	2.1%	2.01%	2.01%

GVIP Overweight 42 Positions Relative to GIAX

	Symbol	Grade	Weight
	GEV	B	3.03%
	LBRDK	B	2.67%
	APO	B	2.46%
	FI	A	2.28%
	BABA	D	2.27%
	HUBS	A	2.16%
	KKR	B	2.15%
	CRM	B	2.14%
	SPOT	A	2.13%
	NFLX	A	2.12%
	CZR	D	2.09%
	V	A	2.06%
	MA	A	2.05%
	MELI	D	2.0%
	WDAY	B	1.99%
	EDR	C	1.99%
	WDC	D	1.98%
	AVGO	B	1.98%
	JPM	B	1.96%
	TDG	B	1.94%
	NTRA	B	1.94%
	PGR	B	1.92%
	ET	B	1.91%
	BRK.A	C	1.91%
	TEVA	C	1.9%
	HES	C	1.9%
	UBER	F	1.89%
	GE	C	1.89%
	AER	C	1.88%
	THC	B	1.88%
	AMD	F	1.87%
	HCP	A	1.86%
	SN	D	1.85%
	ALIT	B	1.85%
	UNH	B	1.81%
	FCNCA	B	1.79%
	IAC	F	1.79%
	ACI	C	1.71%
	INSM	D	1.69%
	X	B	1.69%
	ADBE	C	1.66%
	LLY	D	1.63%

GVIP Underweight 9 Positions Relative to GIAX

	Symbol	Grade	Weight
	VTWO	B	-17.38%
	VIG	A	-16.23%
	QQQ	A	-8.35%
	ARGT	B	-4.43%
	FLIN	F	-3.74%
	FRDM	F	-3.33%
	UMC	F	-1.58%
	TSLA	B	-1.41%
	PKX	F	-0.91%

GVIP: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Semiconductors Specialty Retail Asset Management Credit Services Software - Infrastructure Aerospace & Defense Airports & Air Services Banks - Global Banks - Regional - US Biotechnology Business Services Consumer Electronics Data Storage Diagnostics & Research Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Entertainment Furnishings, Fixtures & Appliances

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Mobile Devices Software Work From Home Artificial Intelligence Cloud Computing E Commerce Hyperscale IBD 50 Operating System Smartphones Social Media Asset Management Services E-Commerce Medicine Online Payments Online Shopping

GIAX: Top Represented Industries & Keywords

Industries: Semiconductors Internet Content & Information Auto Manufacturers Consumer Electronics Software - Infrastructure Specialty Retail Steel

Keywords: Nasdaq 100 S&P 500 Exchange Traded Fund Computing ETF Hyperscale Dow Jones Component Mobile Devices Operating System Smartphones Software Stock Market Index Work From Home Fabless Semiconductor Companies Index Fund Laptop Computer Online Retail Semiconductor Device Fabrication Advertising Network Advertising Services