GVIP vs. IMOM ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to International Quantitative Momentum ETF (IMOM)

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

$127.66

Average Daily Volume

4,583

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IMOM

International Quantitative Momentum ETF

IMOM Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily-generally greater than 80%, but at least 65% of its net assets, plus any borrowings for investment purposes-in equity securities of international companies that Empowered Funds, LLC ("the Adviser") believes, based on quantitative analysis, have positive momentum. A "momentum" style of investing emphasizes investing in securities that have had higher recent total return performance compared to other securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.83

Average Daily Volume

5,405

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	IMOM
30 Days	4.90%	0.91%
60 Days	7.68%	-4.00%
90 Days	10.62%	-2.66%
12 Months	39.62%	10.56%

1 Overlapping Holdings

	Symbol	Grade	Weight in GVIP	Weight in IMOM	Overlap
	TEVA	D	1.65%	1.74%	1.65%

GVIP Overweight 48 Positions Relative to IMOM

Symbol	Grade	Weight
GEV	B	3.27%
APO	B	2.81%
HUBS	A	2.5%
SPOT	B	2.46%
LBRDK	C	2.46%
NTRA	B	2.42%
NFLX	A	2.33%
FI	A	2.32%
KKR	A	2.29%
CRM	B	2.24%
NVDA	C	2.21%
AMZN	C	2.13%
V	A	2.12%
WDAY	B	2.07%
JPM	A	2.05%
ALIT	C	2.03%
MA	C	2.0%
ET	A	1.99%
TSM	B	1.98%
SN	D	1.97%
FCNCA	A	1.97%
GOOGL	C	1.97%
BABA	D	1.94%
HES	B	1.93%
PGR	A	1.92%
CZR	F	1.9%
META	D	1.89%
BRK.A	B	1.89%
WDC	D	1.88%
EDR	A	1.88%
GE	D	1.87%
AVGO	D	1.86%
AER	B	1.82%
AAPL	C	1.82%
MELI	D	1.79%
TDG	D	1.78%
MSFT	F	1.78%
HCP	B	1.77%
UNH	C	1.76%
THC	D	1.76%
AMD	F	1.75%
INSM	C	1.74%
UBER	D	1.7%
ACI	C	1.69%
IAC	D	1.67%
ADBE	C	1.64%
X	C	1.63%
LLY	F	1.39%

GVIP Underweight 5 Positions Relative to IMOM

Symbol	Grade	Weight
ZIM	C	-2.3%
SE	B	-2.09%
CYBR	B	-2.08%
ABBV	D	-2.0%
LYG	F	-1.99%