GVIP vs. REW ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to ProShares UltraShort Technology (REW)

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

$124.18

Average Daily Volume

4,327

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REW

ProShares UltraShort Technology

REW Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. TechnologySM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the technology sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.81

Average Daily Volume

17,681

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	REW
30 Days	1.46%	1.74%
60 Days	7.16%	-6.92%
90 Days	9.26%	-5.97%
12 Months	38.84%	-37.02%

13 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in REW	Overlap
AAPL	C	1.77%	18.06%	1.77%
ADBE	F	1.71%	2.51%	1.71%
AMD	F	1.79%	0.84%	0.84%
AVGO	C	1.96%	1.82%	1.82%
CRM	A	2.34%	2.4%	2.34%
GOOGL	B	1.99%	5.25%	1.99%
HUBS	A	2.54%	0.11%	0.11%
IAC	D	1.67%	0.3%	0.3%
META	C	1.95%	4.46%	1.95%
MSFT	D	1.78%	17.29%	1.78%
NVDA	B	2.2%	2.26%	2.2%
WDAY	B	2.13%	0.44%	0.44%
WDC	F	1.82%	0.3%	0.3%

GVIP Overweight 36 Positions Relative to REW

Symbol	Grade	Weight
GEV	A	3.08%
LBRDK	B	2.75%
APO	A	2.71%
FI	A	2.29%
KKR	A	2.27%
SPOT	A	2.2%
ALIT	C	2.18%
NFLX	A	2.17%
AMZN	B	2.15%
V	A	2.08%
BABA	D	2.03%
MA	A	2.02%
JPM	A	2.0%
NTRA	B	2.0%
SN	C	2.0%
CZR	F	1.99%
TSM	B	1.98%
PGR	B	1.96%
GE	D	1.91%
FCNCA	A	1.91%
TDG	D	1.9%
THC	C	1.87%
ET	A	1.87%
UNH	B	1.86%
BRK.A	A	1.86%
EDR	A	1.85%
HES	B	1.84%
MELI	D	1.83%
AER	B	1.8%
HCP	B	1.77%
UBER	C	1.74%
ACI	C	1.69%
TEVA	D	1.67%
X	D	1.66%
INSM	D	1.64%
LLY	F	1.54%

GVIP Underweight 75 Positions Relative to REW

Symbol	Grade	Weight
GOOG	B	-5.24%
INTC	C	-3.85%
CSCO	B	-3.09%
TXN	C	-1.83%
IBM	D	-1.82%
ORCL	A	-1.77%
QCOM	F	-1.63%
INTU	A	-1.09%
MU	D	-0.95%
NOW	B	-0.87%
AMAT	F	-0.86%
LRCX	F	-0.66%
ADI	D	-0.65%
ADSK	B	-0.63%
CTSH	B	-0.51%
HPQ	B	-0.48%
MSI	A	-0.45%
KLAC	F	-0.42%
EBAY	D	-0.41%
MCHP	F	-0.39%
PANW	B	-0.35%
SNPS	C	-0.34%
ANSS	B	-0.34%
VRSN	D	-0.33%
CDNS	B	-0.31%
SWKS	F	-0.31%
VEEV	C	-0.29%
HPE	B	-0.29%
CDW	F	-0.29%
MRVL	B	-0.28%
FTNT	A	-0.25%
AKAM	F	-0.23%
PAYC	B	-0.22%
TWLO	A	-0.22%
SNAP	D	-0.22%
SSNC	D	-0.21%
STX	D	-0.21%
OKTA	D	-0.21%
NTAP	D	-0.21%
GRMN	B	-0.21%
IT	B	-0.21%
RNG	B	-0.21%
QRVO	F	-0.2%
LDOS	C	-0.2%
LUMN	C	-0.2%
GDDY	A	-0.19%
EPAM	B	-0.19%
ANET	C	-0.18%
TYL	B	-0.18%
BAH	D	-0.17%
TTD	B	-0.17%
FICO	A	-0.17%
TER	F	-0.17%
DOX	D	-0.15%
ON	F	-0.15%
DXC	C	-0.14%
GWRE	B	-0.14%
AZPN	A	-0.14%
OLED	F	-0.13%
DOCU	A	-0.13%
DELL	C	-0.12%
JNPR	D	-0.12%
FFIV	B	-0.12%
PTC	B	-0.12%
DAY	B	-0.11%
MPWR	F	-0.11%
ENTG	F	-0.11%
CIEN	B	-0.1%
CACI	C	-0.1%
XRX	F	-0.1%
LITE	A	-0.09%
SNX	D	-0.09%
Z	A	-0.09%
ETSY	D	-0.09%
MKSI	D	-0.09%