VEA vs. GXUS ETF Comparison

Comparison of Vanguard FTSE Developed Markets ETF (VEA) to Goldman Sachs MarketBeta Total International Equity ETF (GXUS)

VEA

Vanguard FTSE Developed Markets ETF

VEA Description

The investment seeks to provide a tax-efficient investment return consisting of long-term capital appreciation. The fund purchases stocks included in the FTSE Developed ex North America Index, which includes approximately 1,385 common stocks of companies located in developed countries of Europe, Australia, Asia, and the Far East. It uses statistical methods to "sample" the index, aiming to closely track its investment performance while limiting investments in Index securities that have undesirable tax characteristics in an attempt to minimize taxable income distributions.

Grade (RS Rating)

Last Trade

$49.50

Average Daily Volume

8,998,409

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GXUS

Goldman Sachs MarketBeta Total International Equity ETF

GXUS Description

GXUS is a passively managed fund that offers broad-based, vanilla exposure to the global ex-US equity space. The fund holds large- and mid-cap stocks, representing 85% of the free-float market capitalization of developed and emerging markets, excluding the US. Constituents are selected and weighted based on their market capitalization. The funds adviser employs tax management strategies such as in-kind redemptions and tax lot selection, to generally minimize taxable capital gain distributions. The index reconstitutes on a semi-annual basis in May and November. Since the objective of the fund is to track an index, buy and sell decisions do not take into consideration analysis of economic or market factors. The portfolio may become concentrated at times. However, the funds adviser may over- or underweight positions in the index if considered to be appropriate.

Grade (RS Rating)

Last Trade

$44.72

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VEA	GXUS
30 Days	-1.96%	-2.48%
60 Days	-5.10%	-4.10%
90 Days	-5.18%	-3.75%
12 Months	11.93%	11.23%

32 Overlapping Holdings

Symbol	Grade	Weight in VEA	Weight in GXUS	Overlap
ABBV	D	0.38%	0.33%	0.33%
AGCO	D	0.02%	0.02%	0.02%
BCS	C	0.19%	0.18%	0.18%
CNI	D	0.26%	0.23%	0.23%
DEO	F	0.3%	0.25%	0.25%
E	F	0.15%	0.12%	0.12%
FRO	F	0.01%	0.01%	0.01%
GOLD	D	0.15%	0.11%	0.11%
HMC	F	0.21%	0.14%	0.14%
HSBH	B	0.73%	0.61%	0.61%
KB	B	0.09%	0.09%	0.09%
KEP	B	0.02%	0.02%	0.02%
LPL	F	0.01%	0.01%	0.01%
LYG	F	0.18%	0.16%	0.16%
MBAVU	D	0.02%	0.01%	0.01%
MFG	B	0.23%	0.21%	0.21%
MUFG	B	0.52%	0.49%	0.49%
NMR	B	0.06%	0.07%	0.06%
NVS	D	0.96%	0.74%	0.74%
OTEX	D	0.03%	0.03%	0.03%
RBA	A	0.07%	0.06%	0.06%
SHG	D	0.08%	0.07%	0.07%
SHOP	B	0.41%	0.47%	0.41%
SMFG	B	0.34%	0.33%	0.33%
SONY	B	0.46%	0.42%	0.42%
STLA	F	0.12%	0.1%	0.1%
TD	F	0.42%	0.37%	0.37%
TM	D	0.88%	0.71%	0.71%
UL	D	0.65%	0.52%	0.52%
WCN	A	0.2%	0.17%	0.17%
WFG	D	0.03%	0.02%	0.02%
XRX	F	0.06%	0.05%	0.05%

VEA Overweight 29 Positions Relative to GXUS

Symbol	Grade	Weight
FLUT	A	0.18%
SW	A	0.11%
LOGI	D	0.05%
QGEN	D	0.04%
PRMW	C	0.02%
AEI	D	0.02%
GOGL	F	0.01%
DOOO	F	0.01%
LSPD	C	0.01%
TAC	B	0.01%
LIF	D	0.01%
GEN	B	0.0%
CALX	D	0.0%
CTS	C	0.0%
SLDB	F	0.0%
VGR	D	0.0%
GCBC	C	0.0%
AUDC	D	0.0%
VMAR	F	0.0%
CHGX	A	0.0%
RENB	F	0.0%
IONR	D	0.0%
SSBI	F	0.0%
MNTX	C	0.0%
FLNG	B	0.0%
ELBM	F	0.0%
TRMD	F	0.0%
PIXY	F	0.0%
SPNS	F	0.0%

VEA Underweight 61 Positions Relative to GXUS

Symbol	Grade	Weight
BABA	D	-0.67%
HDB	C	-0.42%
IBN	C	-0.29%
PDD	F	-0.27%
NXPI	D	-0.21%
NU	C	-0.18%
SE	B	-0.14%
VALE	F	-0.14%
TCOM	B	-0.13%
ARGX	A	-0.13%
BIDU	F	-0.09%
AER	B	-0.07%
CHKP	D	-0.06%
UMC	F	-0.06%
CCEP	C	-0.06%
ICLR	D	-0.06%
CYBR	B	-0.05%
LI	F	-0.05%
BEKE	D	-0.05%
CHT	D	-0.05%
WIT	A	-0.04%
ABEV	F	-0.04%
BGNE	D	-0.04%
WIX	B	-0.04%
BNTX	D	-0.04%
GRAB	B	-0.04%
HTHT	D	-0.03%
XPEV	C	-0.03%
TME	D	-0.03%
ASAI	F	-0.03%
MNDY	C	-0.03%
TAL	F	-0.02%
GGB	C	-0.02%
BCH	F	-0.02%
VIPS	F	-0.02%
MMYT	B	-0.02%
BILI	D	-0.02%
NIO	F	-0.02%
FUTU	D	-0.02%
XP	F	-0.02%
YMM	C	-0.02%
ERJ	B	-0.02%
SBLK	F	-0.01%
PAGS	F	-0.01%
ATAT	C	-0.01%
ATHM	D	-0.01%
KT	A	-0.01%
SKM	D	-0.01%
QFIN	B	-0.01%
CSAN	F	-0.01%
STNE	F	-0.01%
ZIM	C	-0.01%
GDS	C	-0.01%
TIGO	D	-0.01%
SBSW	D	-0.01%
BRFS	D	-0.01%
BZ	F	-0.01%
GLBE	B	-0.01%
WB	D	-0.0%
IQ	F	-0.0%
CLBT	B	-0.0%

VEA: Top Represented Industries & Keywords

Industries: Software - Application Banks - Global Auto Manufacturers Banks - Regional - Asia Shipping & Ports Communication Equipment Consumer Electronics Drug Manufacturers - Major Other Industrial Metals & Mining Banks - Regional - Europe Banks - Regional - US Beverages - Soft Drinks Beverages - Wineries & Distilleries Biotechnology Business Services Capital Markets Computer Systems Diagnostics & Research Diversified Industrials Drug Manufacturers - Specialty & Generic