VLUE vs. GSLC ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$108.80

Average Daily Volume

290,549

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

GSLC

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

GSLC Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Large Cap Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is designed to deliver exposure to equity securities of large-capitalization U.S. issuers. The index is constructed using the patented ActiveBeta® Portfolio Construction Methodology.

Grade (RS Rating)

Last Trade

$112.89

Average Daily Volume

192,830

Number of Holdings ^*

424

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	GSLC
30 Days	3.59%	4.49%
60 Days	10.40%	11.28%
90 Days	6.59%	4.30%
12 Months	25.79%	36.87%

101 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in GSLC	Overlap
ADM	F	0.74%	0.18%	0.18%
AIG	C	0.49%	0.21%	0.21%
AKAM	D	0.16%	0.13%	0.13%
AMAT	C	2.83%	0.43%	0.43%
APA	F	0.18%	0.02%	0.02%
ATO	A	0.22%	0.11%	0.11%
BAC	B	1.93%	0.34%	0.34%
BBY	C	0.42%	0.24%	0.24%
BG	F	0.22%	0.15%	0.15%
BK	A	0.44%	0.33%	0.33%
BLDR	C	0.4%	0.5%	0.4%
BMY	A	1.49%	0.21%	0.21%
C	B	1.63%	0.26%	0.26%
CAG	D	0.29%	0.18%	0.18%
CF	A	0.17%	0.1%	0.1%
CFG	C	0.23%	0.07%	0.07%
CI	D	1.51%	0.31%	0.31%
CMI	A	0.55%	0.08%	0.08%
CNC	F	0.74%	0.23%	0.23%
COF	A	0.53%	0.31%	0.31%
CSCO	A	6.02%	0.35%	0.35%
CTRA	D	0.34%	0.03%	0.03%
CTSH	B	1.11%	0.17%	0.17%
CVS	D	1.73%	0.25%	0.25%
DAL	C	0.2%	0.13%	0.13%
DELL	C	0.74%	0.13%	0.13%
DGX	D	0.19%	0.14%	0.14%
DHI	C	1.7%	0.18%	0.18%
DOW	B	0.29%	0.09%	0.09%
EG	A	0.18%	0.11%	0.11%
ELV	F	1.26%	0.17%	0.17%
EVRG	C	0.27%	0.06%	0.06%
EXPE	B	0.39%	0.18%	0.18%
F	D	1.67%	0.11%	0.11%
FANG	D	0.61%	0.05%	0.05%
FCNCA	D	0.1%	0.11%	0.1%
FDX	F	1.1%	0.14%	0.14%
FITB	C	0.19%	0.02%	0.02%
GILD	A	1.25%	0.18%	0.18%
GLW	C	1.07%	0.07%	0.07%
GPN	F	0.19%	0.04%	0.04%
HBAN	B	0.14%	0.03%	0.03%
HIG	A	0.23%	0.23%	0.23%
HPE	B	1.35%	0.3%	0.3%
HPQ	B	1.15%	0.08%	0.08%
HST	D	0.24%	0.18%	0.18%
IBM	A	4.22%	0.43%	0.43%
INTC	D	3.47%	0.08%	0.08%
IP	C	0.16%	0.05%	0.05%
JBL	C	0.29%	0.14%	0.14%
JCI	C	0.57%	0.02%	0.02%
KEY	B	0.12%	0.02%	0.02%
KHC	F	0.85%	0.07%	0.07%
KR	C	0.75%	0.42%	0.42%
L	C	0.12%	0.17%	0.12%
LDOS	A	0.2%	0.23%	0.2%
LEN	C	1.7%	0.34%	0.34%
LHX	A	0.54%	0.05%	0.05%
LKQ	F	0.25%	0.18%	0.18%
LYB	B	0.26%	0.11%	0.11%
MAA	D	0.19%	0.06%	0.06%
MET	A	0.46%	0.06%	0.06%
MO	D	1.35%	0.16%	0.16%
MRO	B	0.43%	0.09%	0.09%
MTB	A	0.26%	0.05%	0.05%
NTAP	D	0.55%	0.15%	0.15%
NUE	D	0.48%	0.16%	0.16%
OC	C	0.33%	0.1%	0.1%
ON	F	0.75%	0.1%	0.1%
OVV	D	0.31%	0.04%	0.04%
PCAR	D	0.68%	0.09%	0.09%
PCG	C	0.6%	0.03%	0.03%
PFE	D	2.44%	0.05%	0.05%
PHM	C	1.07%	0.33%	0.33%
PPL	C	0.33%	0.08%	0.08%
PRU	B	0.43%	0.13%	0.13%
RF	B	0.18%	0.03%	0.03%
RTX	A	1.89%	0.19%	0.19%
SJM	D	0.25%	0.02%	0.02%
SNA	C	0.19%	0.1%	0.1%
SPG	A	1.21%	0.06%	0.06%
SSNC	C	0.25%	0.24%	0.24%
STLD	C	0.26%	0.11%	0.11%
STT	A	0.24%	0.22%	0.22%
SWK	C	0.13%	0.18%	0.13%
SWKS	F	0.53%	0.18%	0.18%
SYF	A	0.18%	0.33%	0.18%
T	B	6.02%	0.33%	0.33%
TSN	D	0.42%	0.05%	0.05%
TXT	F	0.26%	0.17%	0.17%
URI	C	0.76%	0.02%	0.02%
USB	C	0.43%	0.05%	0.05%
VLO	F	0.78%	0.22%	0.22%
VST	A	0.39%	0.24%	0.24%
VTRS	D	0.41%	0.34%	0.34%
VZ	C	3.22%	0.26%	0.26%
WAB	A	0.3%	0.21%	0.21%
WBD	F	0.63%	0.25%	0.25%
WFC	B	1.46%	0.26%	0.26%
WY	C	0.61%	0.04%	0.04%
ZM	B	0.41%	0.18%	0.18%

VLUE Overweight 47 Positions Relative to GSLC

Symbol	Grade	Weight
GM	D	2.89%
NXPI	F	1.22%
GS	B	1.2%
TEL	D	1.04%
FSLR	C	0.49%
TFC	D	0.49%
D	A	0.48%
GEN	A	0.39%
TAP	D	0.36%
JNPR	C	0.36%
FFIV	B	0.35%
FOXA	B	0.31%
QRVO	F	0.28%
PARA	F	0.27%
ES	D	0.25%
EQT	C	0.24%
WBA	F	0.23%
UTHR	C	0.23%
TWLO	B	0.23%
LH	D	0.23%
RPRX	D	0.22%
AZPN	A	0.22%
UHS	D	0.21%
KNX	D	0.19%
DINO	F	0.18%
APTV	D	0.18%
MOS	F	0.18%
CHK	C	0.18%
CNH	C	0.18%
FOX	B	0.17%
SOLV	C	0.15%
CPT	C	0.14%
FBIN	C	0.14%
SW	C	0.13%
HII	F	0.13%
UHAL	C	0.13%
EMN	C	0.12%
NLY	C	0.12%
ACI	F	0.12%
EQH	B	0.11%
LUV	B	0.11%
DVA	C	0.09%
FNF	C	0.09%
ALLY	F	0.09%
WLK	C	0.06%
BEN	F	0.06%
BIO	B	0.06%

VLUE Underweight 323 Positions Relative to GSLC

Symbol	Grade	Weight
AAPL	C	-6.4%
MSFT	D	-5.94%
NVDA	B	-5.46%
AMZN	C	-3.13%
META	A	-2.64%
GOOGL	B	-1.86%
GOOG	B	-1.72%
LLY	D	-1.41%
AVGO	B	-1.21%
BRK.A	B	-1.1%
JPM	C	-0.98%
WMT	A	-0.93%
COST	C	-0.86%
UNH	B	-0.85%
HD	A	-0.83%
MA	A	-0.79%
XOM	A	-0.75%
V	B	-0.72%
TSLA	C	-0.69%
JNJ	D	-0.65%
PG	D	-0.62%
ABBV	C	-0.6%
ADBE	F	-0.51%
ACN	B	-0.51%
MRK	F	-0.49%
FICO	C	-0.44%
GWW	B	-0.42%
CRM	B	-0.42%
BKNG	B	-0.42%
TJX	D	-0.41%
LOW	C	-0.41%
CL	D	-0.4%
QCOM	D	-0.39%
PEP	F	-0.38%
KO	C	-0.35%
CTAS	C	-0.35%
FAST	C	-0.34%
VRSN	C	-0.34%
AMD	C	-0.33%
CMCSA	B	-0.33%
NFLX	A	-0.33%
LRCX	D	-0.33%
MCO	D	-0.32%
IDXX	D	-0.32%
AMP	A	-0.32%
CDNS	D	-0.32%
PM	D	-0.31%
NOW	B	-0.31%
MMC	D	-0.3%
MANH	A	-0.3%
MSI	A	-0.3%
MTD	C	-0.29%
ORLY	A	-0.29%
REGN	D	-0.29%
ORCL	A	-0.29%
INTU	F	-0.28%
GE	B	-0.28%
TXN	C	-0.27%
YUM	C	-0.27%
AMGN	D	-0.26%
AXP	A	-0.26%
FTNT	A	-0.25%
ULTA	D	-0.25%
VRTX	D	-0.25%
KLAC	B	-0.25%
AZO	D	-0.25%
TMUS	A	-0.25%
MPC	D	-0.25%
LIN	C	-0.25%
DECK	B	-0.25%
PINS	D	-0.24%
TMO	D	-0.24%
IT	A	-0.23%
ROP	D	-0.23%
ITW	C	-0.22%
APH	D	-0.22%
SYY	D	-0.22%
EA	D	-0.22%
APO	A	-0.22%
SHW	C	-0.22%
ANET	A	-0.21%
ABT	C	-0.21%
ADSK	B	-0.21%
DFS	A	-0.21%
KMI	A	-0.21%
PGR	B	-0.21%
LII	C	-0.21%
CB	A	-0.21%
CAT	A	-0.21%
TGT	C	-0.21%
SNPS	F	-0.21%
CVX	B	-0.2%
TSCO	A	-0.2%
BSX	A	-0.2%
WMB	A	-0.2%
MCD	A	-0.2%
RSG	D	-0.2%
NKE	D	-0.2%
MAS	C	-0.19%
HUBS	D	-0.19%
ICE	A	-0.19%
PFG	A	-0.19%
FI	A	-0.19%
NTNX	C	-0.19%
DHR	D	-0.18%
DIS	D	-0.18%
AJG	C	-0.18%
ACGL	A	-0.18%
GDDY	B	-0.18%
CCL	C	-0.18%
TEAM	D	-0.18%
PANW	B	-0.18%
CLX	C	-0.17%
ISRG	C	-0.17%
MCK	F	-0.17%
MS	A	-0.17%
PSX	D	-0.17%
OTIS	A	-0.17%
PTC	B	-0.17%
CEG	A	-0.17%
HOLX	D	-0.16%
NRG	A	-0.16%
HON	C	-0.16%
UBER	C	-0.16%
PH	A	-0.16%
DPZ	D	-0.16%
AVY	D	-0.15%
BRO	A	-0.15%
ZTS	C	-0.15%
OMC	C	-0.15%
KMB	D	-0.15%
OKE	A	-0.15%
WM	B	-0.15%
SYK	C	-0.15%
ETN	B	-0.15%
WSM	C	-0.15%
PSTG	F	-0.15%
GD	C	-0.14%
IEX	D	-0.14%
BR	B	-0.14%
TT	A	-0.14%
HLT	A	-0.14%
CBOE	B	-0.14%
AFL	A	-0.14%
CE	D	-0.13%
CHD	D	-0.13%
ADI	B	-0.13%
TRV	B	-0.13%
JKHY	A	-0.13%
DRI	C	-0.13%
SPGI	C	-0.13%
TDG	A	-0.13%
RPM	A	-0.13%
NTRS	B	-0.13%
RS	D	-0.13%
IRM	B	-0.12%
COP	D	-0.12%
HCA	C	-0.12%
PODD	C	-0.12%
CRWD	D	-0.12%
CHTR	D	-0.12%
TER	C	-0.12%
EME	B	-0.12%
MKL	B	-0.12%
IPG	D	-0.12%
CAH	B	-0.12%
BLK	A	-0.12%
MU	D	-0.12%
VRT	B	-0.12%
AME	C	-0.12%
TDY	A	-0.12%
CDW	D	-0.12%
MCHP	F	-0.11%
VRSK	D	-0.11%
CMG	C	-0.11%
CINF	A	-0.11%
DOV	C	-0.11%
LPLA	D	-0.11%
CME	A	-0.11%
EBAY	A	-0.11%
AON	A	-0.11%
HWM	A	-0.11%
EXPD	D	-0.11%
LMT	A	-0.11%
NDSN	C	-0.11%
FDS	C	-0.11%
VLTO	A	-0.11%
GRMN	D	-0.1%
EW	F	-0.1%
IR	A	-0.1%
TRGP	A	-0.1%
KEYS	B	-0.1%
PPG	D	-0.1%
ECL	C	-0.1%
KKR	A	-0.1%
BIIB	F	-0.1%
RJF	B	-0.1%
PKG	B	-0.1%
RCL	B	-0.1%
SO	A	-0.09%
MMM	C	-0.09%
XYL	C	-0.09%
CARR	A	-0.09%
DUK	C	-0.09%
LNT	B	-0.09%
NVR	C	-0.09%
MDLZ	D	-0.09%
ALL	A	-0.09%
VICI	C	-0.09%
MAR	A	-0.09%
IQV	F	-0.09%
ROST	D	-0.09%
CSL	A	-0.09%
PEG	A	-0.09%
GGG	C	-0.09%
EOG	B	-0.09%
MDT	C	-0.08%
HUBB	A	-0.08%
WSO	C	-0.08%
ZBH	F	-0.08%
ALGN	D	-0.08%
PWR	A	-0.08%
EPAM	F	-0.08%
INVH	D	-0.08%
HSY	D	-0.08%
PYPL	A	-0.08%
CSX	D	-0.08%
EL	D	-0.08%
WRB	C	-0.08%
NEE	C	-0.08%
FTV	C	-0.08%
MSTR	B	-0.08%
CPRT	B	-0.08%
STZ	D	-0.08%
WAT	B	-0.08%
PAYX	B	-0.07%
PNC	C	-0.07%
GPC	D	-0.07%
ARES	A	-0.07%
GEV	A	-0.07%
AVB	C	-0.07%
BDX	C	-0.07%
MPWR	B	-0.07%
DE	C	-0.07%
ED	C	-0.07%
WELL	C	-0.07%
NI	A	-0.07%
EQR	C	-0.07%
STX	C	-0.07%
TROW	D	-0.07%
STE	D	-0.07%
BAH	C	-0.07%
WDC	C	-0.07%
MNST	D	-0.06%
TTWO	D	-0.06%
J	F	-0.06%
COIN	F	-0.06%
CMS	A	-0.06%
TYL	D	-0.06%
ETR	A	-0.06%
KVUE	C	-0.06%
KDP	C	-0.06%
A	B	-0.06%
AXON	A	-0.06%
TRMB	B	-0.06%
BX	C	-0.06%
FE	C	-0.06%
UNP	F	-0.06%
POOL	D	-0.06%
VMC	D	-0.06%
LNG	A	-0.06%
NDAQ	C	-0.05%
MLM	F	-0.05%
WPC	C	-0.05%
GIS	C	-0.05%
SRE	C	-0.05%
AVTR	D	-0.05%
CBRE	C	-0.05%
ALNY	C	-0.05%
ADP	A	-0.05%
SUI	D	-0.05%
OKTA	F	-0.05%
CNP	B	-0.05%
LECO	D	-0.05%
DASH	A	-0.05%
CPAY	A	-0.05%
K	B	-0.05%
SMCI	F	-0.05%
DLTR	F	-0.05%
ESS	D	-0.05%
LVS	B	-0.04%
OXY	D	-0.04%
WDAY	D	-0.04%
IFF	D	-0.04%
SCHW	D	-0.04%
HUM	F	-0.04%
EXC	C	-0.04%
DLR	C	-0.04%
ARE	D	-0.04%
GEHC	C	-0.03%
AEP	C	-0.03%
FIS	A	-0.03%
DG	F	-0.03%
LYV	A	-0.03%
WTW	C	-0.03%
WEC	B	-0.03%
HAL	D	-0.03%
ODFL	F	-0.03%
ZS	F	-0.03%
EMR	B	-0.03%
MOH	F	-0.02%
DTE	B	-0.02%
EIX	C	-0.02%
CTVA	A	-0.02%
RBLX	D	-0.02%
O	C	-0.02%
ANSS	D	-0.02%
VTR	C	-0.02%
RMD	C	-0.02%
DVN	F	-0.02%
NOC	B	-0.02%
DDOG	B	-0.02%
PSA	C	-0.02%