GYLD vs. GPOW ETF Comparison

Comparison of Arrow Dow Jones Global Yield ETF ETF (GYLD) to Goldman Sachs North American Pipelines & Power Equity ETF (GPOW)

GYLD

Arrow Dow Jones Global Yield ETF ETF

GYLD Description

The investment seeks investment results that generally correspond, before fees and expenses, to the price and yield performance of the Dow Jones Global Composite Yield Index (the "underlying index"). The fund uses a "passive" or "indexing" investment approach to seek to track the price and yield performance of the underlying index. It invests at least 80% of its total assets in the component securities of the underlying index (or depositary receipts representing those securities). The underlying index seeks to identify the 150 highest yielding investable securities in the world.

Grade (RS Rating)

Last Trade

$13.09

Average Daily Volume

3,569

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GPOW

Goldman Sachs North American Pipelines & Power Equity ETF

GPOW Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is designed to deliver exposure to equity securities of U.S. and Canadian listed companies, including companies structured as master limited partnerships, operating in the pipelines and power universe. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.85

Average Daily Volume

344

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GYLD	GPOW
30 Days	-3.37%	4.05%
60 Days	-1.64%	8.73%
90 Days	1.40%	13.05%
12 Months	16.69%	39.19%

16 Overlapping Holdings

Symbol	Grade	Weight in GYLD	Weight in GPOW	Overlap
AM	B	0.75%	3.67%	0.75%
CQP	B	0.71%	0.7%	0.7%
DKL	D	0.69%	0.26%	0.26%
ENLC	B	0.77%	2.41%	0.77%
EPD	A	0.75%	5.48%	0.75%
ET	B	0.8%	3.12%	0.8%
GLP	B	0.73%	0.17%	0.17%
HESM	D	0.7%	3.62%	0.7%
KNTK	B	0.88%	0.2%	0.2%
MPLX	A	0.81%	0.79%	0.79%
NEP	F	0.46%	0.65%	0.46%
PAA	D	0.72%	1.84%	0.72%
PAGP	D	0.74%	3.34%	0.74%
SPH	B	0.71%	0.14%	0.14%
SUN	D	0.73%	0.43%	0.43%
WES	D	0.69%	0.71%	0.69%

GYLD Overweight 23 Positions Relative to GPOW

Symbol	Grade	Weight
MO	A	0.83%
BDN	D	0.81%
HIW	D	0.8%
OHI	B	0.79%
ARLP	C	0.79%
PDM	C	0.79%
DMLP	B	0.77%
DEA	D	0.77%
UAN	C	0.75%
BSM	B	0.75%
GMRE	F	0.74%
KRP	B	0.74%
GNL	D	0.73%
BNL	D	0.73%
EPR	D	0.72%
IEP	F	0.71%
CAPL	D	0.7%
USAC	B	0.68%
IIPR	F	0.64%
GEL	F	0.63%
MPW	F	0.58%
SVC	F	0.49%
NRP	B	0.0%

GYLD Underweight 18 Positions Relative to GPOW

Symbol	Grade	Weight
TRGP	A	-8.71%
KMI	A	-6.23%
WMB	A	-6.1%
OKE	A	-5.55%
LNG	B	-4.92%
DTM	A	-2.35%
AES	F	-1.73%
WKC	D	-1.52%
CWEN	D	-1.5%
ORA	C	-1.43%
UGI	D	-1.25%
AY	B	-1.13%
CLNE	C	-0.48%
NEXT	B	-0.4%
NJR	B	-0.34%
NFE	F	-0.32%
EE	B	-0.13%
NGL	D	-0.08%