GGUSGoldman Sachs MarketBeta Russell 1000 Growth Equity ETF

Grow my money2y track recordRanked #703 of 2,960 in this goal

Seeks to provide investment results that closely correspond to the performance of the Russell 1000 Growth 40 Act Daily Capped Index.

By Goldman Sachs · Launched 2023

Annual Cost

0.12%

#606 of 5,562 · low cost

Fund Size

$461M

#1,628 of 5,562 · large

Return (1Y)Goal

+21.4%

Track Record

2 years

#3,304 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,163+21.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Factor

Growth

Index tracked

Russell 1000 Growth 40 Act Daily Capped Index

What it actually holds

By weight

Concentration

Top 10 holdings = 50.8% of fundmoderately concentrated

NVIDIA Corp

11.0%

Apple Inc

10.8%

Broadcom Inc

4.6%

Microsoft Corp

4.3%

Tesla Inc

4.0%

Meta Platforms Inc

4.0%

Amazon.com Inc

3.8%

Eli Lilly & Co

3.5%

Alphabet Inc

2.5%

Visa Inc

2.3%

Asset allocation

Stocks

99.8%

Cash

0.1%

By sector

Technology

49.5%

Consumer Cyclical

13.2%

Communication

10.5%

Healthcare

8.9%

Industrials

6.9%

Financial Services

6.4%

Consumer Defensive

3.1%

Real Estate

0.5%

Other

1.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.6%Moderate

Year-on-year price swings

Max drawdown

-22.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that closely correspond to the performance of the Russell 1000 Growth 40 Act Daily Capped Index.
Strategy: Invests at least 80% of assets in equity securities included in the underlying index and depositary receipts representing those securities. The Index measures the performance of large- and mid-cap growth U.S. equity issuers, using a capping methodology to ensure diversification. The Fund seeks to invest in Index components in approximately the same weighting as within the Index, but may sample securities under certain circumstances.
Inception date: November 28, 2023
Fund family: Goldman Sachs