MDIV vs. GPOW ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to Goldman Sachs North American Pipelines & Power Equity ETF (GPOW)

MDIV

Multi-Asset Diversified Income Index Fund

MDIV Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.76

Average Daily Volume

87,595

Number of Holdings ^*

103

* 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

$56.76

Average Daily Volume

1,342

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	GPOW
30 Days	1.81%	10.14%
60 Days	1.08%	12.29%
90 Days	3.36%	16.25%
12 Months	18.42%	42.12%

14 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in GPOW	Overlap
CQP	B	0.92%	0.69%	0.69%
DKL	C	1.2%	0.24%	0.24%
DTM	B	0.45%	2.46%	0.45%
ENLC	A	0.51%	2.33%	0.51%
EPD	A	0.82%	5.51%	0.82%
ET	A	0.91%	3.05%	0.91%
GLP	A	0.96%	0.17%	0.17%
MPLX	A	0.95%	0.77%	0.77%
NJR	A	0.34%	0.34%	0.34%
OKE	A	0.51%	5.87%	0.51%
PAA	B	0.71%	1.78%	0.71%
PAGP	A	0.67%	3.24%	0.67%
SUN	B	0.74%	0.41%	0.41%
WES	C	0.86%	0.66%	0.66%

MDIV Overweight 89 Positions Relative to GPOW

Symbol	Grade	Weight
HYLS	C	20.0%
IEP	F	1.51%
PMT	D	1.47%
ARLP	A	1.41%
DMLP	A	1.3%
BSM	B	1.28%
KRP	B	1.27%
CAPL	D	1.17%
USAC	B	1.16%
AGNCN	B	1.09%
APLE	B	1.05%
LADR	B	1.03%
EPR	D	0.99%
LTC	B	0.94%
NRP	B	0.89%
GTY	B	0.84%
HST	C	0.83%
FITBI	C	0.79%
GLPI	C	0.79%
CHSCO	C	0.78%
SPG	B	0.77%
CHSCL	C	0.76%
AAT	B	0.72%
CHSCN	D	0.72%
RZC	C	0.72%
VICI	C	0.71%
IIPR	D	0.71%
FCPT	C	0.71%
CHSCM	D	0.69%
NHI	D	0.65%
WU	D	0.64%
NNN	D	0.64%
BRX	A	0.63%
ALEX	C	0.62%
LAMR	D	0.61%
VZ	C	0.6%
CTRE	D	0.6%
T	A	0.6%
CDP	C	0.58%
REG	B	0.57%
MAA	B	0.57%
PSA	D	0.56%
CUBE	D	0.56%
BMY	B	0.55%
CHRD	D	0.54%
FANG	D	0.47%
TROW	B	0.46%
NWE	B	0.45%
GILD	C	0.44%
EVRG	A	0.44%
GEL	D	0.44%
ETR	B	0.44%
BKH	A	0.43%
AVA	A	0.43%
HMN	B	0.42%
PINC	B	0.42%
SR	A	0.42%
LYB	F	0.41%
CVX	A	0.41%
PRU	A	0.4%
PNM	F	0.39%
XEL	A	0.39%
VTRS	A	0.39%
EXC	C	0.38%
CAG	D	0.38%
OGS	A	0.38%
KHC	F	0.38%
ES	D	0.37%
FLO	D	0.37%
WEC	A	0.37%
DVN	F	0.36%
POR	C	0.36%
PNC	B	0.36%
MSM	C	0.36%
DRI	B	0.36%
FE	C	0.35%
IBM	C	0.34%
IPG	D	0.34%
EIX	B	0.34%
DUK	C	0.34%
SJM	D	0.33%
FAF	A	0.33%
SON	D	0.32%
NFG	A	0.32%
KMB	D	0.31%
MDT	D	0.31%
AEP	D	0.31%
GIS	D	0.3%
NMM	D	0.05%

MDIV Underweight 20 Positions Relative to GPOW

Symbol	Grade	Weight
TRGP	B	-9.24%
KMI	A	-6.63%
WMB	A	-6.31%
LNG	B	-5.3%
AM	A	-3.74%
HESM	B	-3.51%
WKC	D	-1.55%
AES	F	-1.45%
CWEN	C	-1.35%
ORA	B	-1.34%
UGI	A	-1.22%
AY	B	-1.09%
NEP	F	-0.48%
NEXT	B	-0.46%
CLNE	D	-0.45%
NFE	D	-0.33%
KNTK	B	-0.22%
SPH	B	-0.14%
EE	A	-0.14%
NGL	D	-0.08%