GVIP vs. SPMV ETF Comparison

Comparison of Goldman Sachs Hedge Industry VIP ETF (GVIP) to Invesco S&P 500 Minimum Variance ETF (SPMV)

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

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.62

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GVIP	SPMV
30 Days	4.90%	1.14%
60 Days	7.68%	2.01%
90 Days	10.62%	4.46%
12 Months	39.62%	26.03%

13 Overlapping Holdings

Symbol	Grade	Weight in GVIP	Weight in SPMV	Overlap
AAPL	C	1.82%	2.9%	1.82%
ADBE	C	1.64%	2.01%	1.64%
AMZN	C	2.13%	3.04%	2.13%
AVGO	D	1.86%	2.03%	1.86%
BRK.A	B	1.89%	2.95%	1.89%
CRM	B	2.24%	1.66%	1.66%
GEV	B	3.27%	3.69%	3.27%
JPM	A	2.05%	0.62%	0.62%
LLY	F	1.39%	0.63%	0.63%
META	D	1.89%	0.32%	0.32%
MSFT	F	1.78%	2.76%	1.78%
NVDA	C	2.21%	3.53%	2.21%
PGR	A	1.92%	1.65%	1.65%

GVIP Overweight 36 Positions Relative to SPMV

Symbol	Grade	Weight
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%
V	A	2.12%
WDAY	B	2.07%
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%
CZR	F	1.9%
WDC	D	1.88%
EDR	A	1.88%
GE	D	1.87%
AER	B	1.82%
MELI	D	1.79%
TDG	D	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%
TEVA	D	1.65%
X	C	1.63%

GVIP Underweight 62 Positions Relative to SPMV

Symbol	Grade	Weight
TMUS	B	-3.37%
CSCO	B	-3.31%
AON	A	-3.14%
ABT	B	-2.84%
PG	A	-2.81%
MMC	B	-2.77%
AJG	B	-2.7%
QCOM	F	-2.64%
CB	C	-2.56%
MRK	F	-2.46%
MDLZ	F	-2.46%
HD	A	-2.25%
VRTX	F	-2.25%
ORCL	B	-2.23%
AMT	D	-1.83%
NOW	A	-1.77%
VRSK	A	-1.7%
ZTS	D	-1.66%
NEE	D	-1.63%
SRE	A	-1.56%
GIS	D	-1.47%
DUK	C	-1.34%
JNJ	D	-1.2%
REGN	F	-1.07%
HSY	F	-1.03%
AEE	A	-1.02%
TRV	B	-1.0%
PFE	D	-0.99%
VZ	C	-0.97%
TDY	B	-0.96%
AEP	D	-0.95%
BRO	B	-0.81%
MKC	D	-0.78%
INTU	C	-0.74%
CCI	D	-0.7%
XOM	B	-0.69%
RTX	C	-0.66%
IBM	C	-0.56%
GOOG	C	-0.55%
RSG	A	-0.55%
TJX	A	-0.5%
NEM	D	-0.47%
SO	D	-0.47%
ELV	F	-0.45%
TSN	B	-0.42%
HRL	D	-0.38%
IDXX	F	-0.37%
AMGN	D	-0.32%
ACN	C	-0.31%
BIIB	F	-0.3%
T	A	-0.29%
KHC	F	-0.28%
ADM	D	-0.26%
AIG	B	-0.25%
PCG	A	-0.24%
ACGL	D	-0.22%
CVS	D	-0.22%
XEL	A	-0.2%
TRMB	B	-0.1%
GILD	C	-0.09%
GD	F	-0.06%
BA	F	-0.05%