GVIP vs. MPAY ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to Akros Monthly Payout ETF (MPAY)

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

MPAY

Akros Monthly Payout ETF

MPAY Description

MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.

Grade (RS Rating)

Last Trade

$25.89

Average Daily Volume

811

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	MPAY
30 Days	4.90%	1.35%
60 Days	7.68%	0.61%
90 Days	10.62%	2.24%
12 Months	39.62%	24.38%

12 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in MPAY	Overlap
AAPL	C	1.82%	5.94%	1.82%
ADBE	C	1.64%	1.57%	1.57%
AMZN	C	2.13%	4.97%	2.13%
CRM	B	2.24%	1.43%	1.43%
GOOGL	C	1.97%	4.73%	1.97%
LLY	F	1.39%	3.04%	1.39%
MA	C	2.0%	1.76%	1.76%
MSFT	F	1.78%	5.7%	1.78%
NFLX	A	2.33%	1.44%	1.44%
NVDA	C	2.21%	6.38%	2.21%
UNH	C	1.76%	1.74%	1.74%
V	A	2.12%	1.77%	1.77%

GVIP Overweight 37 Positions Relative to MPAY

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%
FI	A	2.32%
KKR	A	2.29%
WDAY	B	2.07%
JPM	A	2.05%
ALIT	C	2.03%
ET	A	1.99%
TSM	B	1.98%
SN	D	1.97%
FCNCA	A	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%
MELI	D	1.79%
TDG	D	1.78%
HCP	B	1.77%
THC	D	1.76%
AMD	F	1.75%
INSM	C	1.74%
UBER	D	1.7%
ACI	C	1.69%
IAC	D	1.67%
TEVA	D	1.65%
X	C	1.63%

GVIP Underweight 39 Positions Relative to MPAY

Symbol	Grade	Weight
GLDM	C	-3.6%
IAUM	C	-3.36%
WMT	A	-2.21%
TSLA	B	-1.83%
ORCL	B	-1.78%
COST	B	-1.77%
HD	A	-1.74%
XOM	B	-1.55%
MRK	F	-1.53%
NOW	A	-1.46%
JNJ	D	-1.46%
AMAT	F	-1.45%
ABBV	D	-1.45%
LOW	D	-1.37%
QCOM	F	-1.36%
ACN	C	-1.34%
CVX	A	-1.32%
KLAC	D	-1.32%
MCD	D	-1.31%
INTU	C	-1.3%
CAT	B	-1.28%
HCA	F	-1.28%
FTNT	C	-1.28%
TJX	A	-1.28%
CSCO	B	-1.28%
PM	B	-1.27%
LIN	D	-1.27%
BKNG	A	-1.26%
PEP	F	-1.25%
NKE	D	-1.25%
ADP	B	-1.24%
AZO	C	-1.24%
ABNB	C	-1.23%
TXN	C	-1.23%
ABT	B	-1.23%
LMT	D	-1.23%
UPS	C	-1.22%
RTX	C	-1.19%
DELL	C	-1.02%