TPYP vs. GHYB ETF Comparison

Comparison of Tortoise North American Pipeline Fund ETF (TPYP) to Goldman Sachs Access High Yield Corporate Bond ETF (GHYB)

TPYP

Tortoise North American Pipeline Fund ETF

TPYP Description

The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.13

Average Daily Volume

47,025

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GHYB

Goldman Sachs Access High Yield Corporate Bond ETF

GHYB Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Citi Goldman Sachs High Yield Corporate Bond Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of high yield corporate bonds denominated in U.S. dollars ("USD") that meet certain liquidity and fundamental screening criteria.

Grade (RS Rating)

Last Trade

$44.36

Average Daily Volume

14,562

Number of Holdings ^*

144

* may have additional holdings in another (foreign) market

Performance

Period	TPYP	GHYB
30 Days	3.56%	1.14%
60 Days	3.92%	1.78%
90 Days	8.41%	2.64%
12 Months	21.78%	8.01%

10 Overlapping Holdings

Symbol	Grade	Weight in TPYP	Weight in GHYB	Overlap
AM	B	1.66%	0.18%	0.18%
CQP	C	0.4%	0.22%	0.22%
ENLC	C	1.03%	0.23%	0.23%
GEL	C	0.33%	0.21%	0.21%
HESM	A	0.69%	0.11%	0.11%
LNG	B	7.26%	0.42%	0.42%
NFE	F	0.45%	0.3%	0.3%
SUN	C	1.21%	0.16%	0.16%
USAC	D	0.35%	0.24%	0.24%
WES	C	1.57%	0.24%	0.24%

TPYP Overweight 26 Positions Relative to GHYB

Symbol	Grade	Weight
WMB	B	7.5%
OKE	A	7.43%
KMI	A	7.03%
TRGP	A	4.17%
ET	B	4.08%
NI	A	4.05%
EPD	B	4.01%
ATO	B	3.95%
MPLX	C	3.15%
ETRN	D	1.86%
PAA	B	1.7%
NFG	C	1.65%
DTM	B	1.44%
SWX	D	1.43%
NJR	C	1.38%
OGS	C	1.17%
SR	B	1.14%
AROC	A	0.9%
CPK	C	0.78%
PAGP	B	0.77%
KNTK	B	0.49%
NWN	C	0.45%
GLP	D	0.26%
DKL	C	0.1%
CAPL	F	0.08%
EE	C	0.07%

TPYP Underweight 134 Positions Relative to GHYB

Symbol	Grade	Weight
XPO	D	-0.39%
WFRD	B	-0.38%
ARMK	C	-0.37%
IQV	D	-0.34%
SSNC	B	-0.34%
HRI	D	-0.32%
NXST	B	-0.31%
HEES	D	-0.31%
WCC	D	-0.29%
HASI	C	-0.29%
APA	D	-0.29%
AAL	F	-0.29%
RIG	F	-0.28%
OGN	C	-0.27%
LADR	A	-0.26%
FTAI	C	-0.26%
LYV	C	-0.25%
EM	D	-0.25%
CVNA	B	-0.25%
CCL	C	-0.25%
VGR	C	-0.24%
MCHP	D	-0.24%
MAT	F	-0.24%
CC	F	-0.24%
CAR	F	-0.24%
AVTR	D	-0.24%
TMHC	C	-0.23%
NCLH	C	-0.23%
GT	F	-0.23%
OUT	C	-0.22%
MD	F	-0.22%
AMC	D	-0.21%
WMG	F	-0.21%
SWN	D	-0.21%
CTLT	B	-0.21%
BBWI	F	-0.21%
LUMN	F	-0.21%
UAL	D	-0.21%
TROX	D	-0.2%
KAR	C	-0.19%
EHC	B	-0.19%
XRX	F	-0.19%
IHRT	F	-0.19%
IRM	B	-0.19%
TNL	C	-0.18%
KW	D	-0.18%
VVV	B	-0.18%
CHDN	B	-0.18%
ACI	F	-0.18%
ST	C	-0.18%
IT	C	-0.18%
PFGC	F	-0.17%
MSCI	C	-0.17%
HBI	C	-0.17%
IEP	C	-0.17%
CRI	F	-0.16%
CCS	C	-0.16%
FUN	C	-0.16%
SEM	A	-0.16%
PK	F	-0.16%
DELL	C	-0.16%
TOL	C	-0.16%
NEP	D	-0.16%
PCG	C	-0.16%
GTN	F	-0.16%
STX	B	-0.16%
HWM	D	-0.16%
BCO	B	-0.15%
SVC	F	-0.15%
FYBR	B	-0.15%
CCO	C	-0.15%
CRL	D	-0.14%
DBD	D	-0.14%
ADT	C	-0.14%
DVA	C	-0.14%
RCL	B	-0.14%
CLF	F	-0.13%
ALLY	A	-0.13%
URI	C	-0.13%
YUM	F	-0.13%
AA	D	-0.12%
OLN	D	-0.12%
LAMR	C	-0.12%
TGNA	C	-0.12%
AXL	F	-0.12%
FCX	C	-0.12%
UBER	C	-0.12%
S	D	-0.12%
BLDR	F	-0.11%
SPR	B	-0.11%
OI	F	-0.11%
VSAT	F	-0.11%
MOH	F	-0.11%
UNIT	D	-0.11%
CCK	D	-0.11%
HLT	B	-0.11%
SBAC	C	-0.11%
CZR	D	-0.11%
EQT	D	-0.11%
SIRI	D	-0.11%
COIN	D	-0.1%
SBGI	C	-0.1%
BALY	D	-0.1%
COMM	D	-0.1%
F	B	-0.1%
OXY	D	-0.1%
CHTR	D	-0.09%
ALSN	B	-0.09%
RRC	D	-0.09%
AR	D	-0.09%
GPS	C	-0.08%
SSP	D	-0.08%
SEE	D	-0.08%
HOLX	B	-0.08%
AXTA	C	-0.08%
NAVI	D	-0.07%
DAN	F	-0.07%
SCI	C	-0.07%
TMUS	B	-0.07%
CNSL	B	-0.06%
BYD	C	-0.06%
NWL	F	-0.06%
THC	B	-0.06%
LW	F	-0.05%
X	C	-0.05%
SM	D	-0.05%
AMCX	F	-0.05%
CYH	D	-0.05%
CF	F	-0.04%
NBR	D	-0.04%
MGM	C	-0.04%
OMF	C	-0.04%
NRG	D	-0.04%
TDG	D	-0.03%