GINNGoldman Sachs Innovate Equity ETF

Grow my money5y track recordRanked #1,515 of 2,960 in this goal

Seeks to provide investment results that closely correspond to the performance of the Solactive Innovative Global Equity Index.

By Goldman Sachs · Launched 2020

Annual Cost

0.50%

#2,576 of 5,562 · average

Fund Size

$213M

#2,272 of 5,562 · mid-size

Return (1Y)Goal

+22.6%

Track Record

5 years

#2,228 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,226+22.3%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Focus

General Innovation

Index tracked

Solactive Innovative Global Equity Index

What it actually holds

By weight

Concentration

Top 10 holdings = 17.7% of fund✓ well diversified

GOLDMAN SACHS FINANCIAL SQUARE FUNDS PRIME OBLIGATIONS FUNDFGTXX

2.5%

Alphabet Inc

2.3%

Apple Inc

2.1%

Microsoft Corp

2.0%

Amazon.com Inc

1.9%

NVIDIA Corp

1.9%

Meta Platforms Inc

1.7%

Tencent Holdings Ltd

1.3%

Tesla Inc

1.1%

Eli Lilly & Co

1.0%

Asset allocation

Stocks

99.8%

Other

0.2%

By sector

Technology

33.0%

Healthcare

20.1%

Consumer Cyclical

13.5%

Financial Services

12.1%

Communication

10.8%

Industrials

5.6%

Consumer Defensive

1.7%

Utilities

1.6%

Other

1.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

16.5%Moderate

Year-on-year price swings

Max drawdown

-41.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.81Decent risk-adjusted returns

Sortino (3Y)

1.17Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that closely correspond to the performance of the Solactive Innovative Global Equity Index.
Strategy: Invests primarily in securities included in the Solactive Innovative Global Equity Index, which targets companies benefiting from technological innovation across five themes. The Fund aims to replicate the Index's weightings and may invest in depositary receipts. The Index is rebalanced quarterly and includes companies with significant market capitalizations from North America, Asia, and Europe.
Inception date: November 9, 2020
Fund family: Goldman Sachs