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Goldman Sachs Future Consumer Equity ETF
Active ETF
GBUY
Payout Change
Pending
Price as of:
$36.8737
-0.14
-0.37%
primary theme
Consumer Discretionary Sector Equity
GBUY (ETF)
Goldman Sachs Future Consumer Equity ETF
Payout Change
Pending
Price as of:
$36.8737
-0.14
-0.37%
primary theme
Consumer Discretionary Sector Equity
GBUY (ETF)
Goldman Sachs Future Consumer Equity ETF
Payout Change
Pending
Price as of:
$36.8737
-0.14
-0.37%
primary theme
Consumer Discretionary Sector Equity
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
31.2%
1 yr return
35.4%
3 Yr Avg Return
-0.5%
5 Yr Avg Return
N/A
Net Assets
$86.1 M
Holdings in Top 10
50.9%
52 WEEK LOW AND HIGH
$37.0
$27.13
$37.01
Expenses
OPERATING FEES
Expense Ratio 0.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GBUY - Profile
Distributions
- YTD Total Return 31.2%
- 3 Yr Annualized Total Return -0.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameGoldman Sachs Future Consumer Equity ETF
-
Fund Family NameGoldman Sachs Fund Complex
-
Inception DateNov 09, 2021
-
Shares Outstanding3625000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNathan Lin
Fund Description
The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in equity investments in U.S. and non-U.S. companies.Equity investments may include common stock, preferred stock, warrants and other rights to acquire stock, American depositary receipts (“ADRs”), European depositary receipts (“EDRs”), and global depositary receipts (“GDRs”), underlying funds (including exchange-traded funds (“ETFs”)), and futures, forwards, options and other instruments with similar economic exposures. The Fund may invest in companies that only recently began to trade publicly. The Fund may invest in underlying ETFs, exchange-traded products (“ETPs”) and/or money market funds, including those that currently exist or that may become available for investment in the future for which Goldman Sachs Asset Management, L.P. (“GSAM” or the “Investment Adviser”) or an affiliate now or in the future acts as investment adviser or principal underwriter. The Fund may also invest in unaffiliated ETFs, ETPs and/or money market funds.The Fund generally intends to invest in companies that the Investment Adviser believes are aligned with key themes associated with the different and evolving priorities and spending habits of younger consumers, which include, but are not limited to, the increased adoption of technology and their different lifestyle preferences and values (the “Key Themes”).The Key Themes currently are:Tech-Enabled Consumption:◼DigitalEnablers:represents companies that, in the Investment Adviser’s view, provide or help create products, services or technologies in areas including, but not limited to, internet and communications infrastructure, digital components, and fintechinfrastructure.◼Digital Services: represents companies that, in the Investment Adviser’s view, provide or help create products, services or technologies in areas including, but not limited to, e-commerce, social media, digital entertainment and gaming, fintech services, mobility, and the digital workforce.Lifestyle and Values:◼Consumption: represents companies that, in the Investment Adviser’s view, provide or help create products, services or technologies in areas including, but not limited to, healthand wellness, luxury,and sustainableliving.◼Lifestyle: represents companies that, in the Investment Adviser’s view, provide or help create products, services or technologies in areas including, but not limited to, experiences, health and wellness, sustainable living, education, pet care, and childcare.The Key Themes and related areas of investment may change over time at the sole discretion of the Investment Adviser without prior notice to shareholders. In addition, the Fund is permitted to make investments that are not aligned with the Key Themes. In selecting investments, the Investment Adviser will not seek to allocate a specified portion of the Fund’s portfolio to each particular Key Theme, and the allocation of the Fund’s investments across the Key Themes will vary over time in the Investment Adviser’s sole discretion. The Fund may not allocate its investments to each Key Theme at all times and an investment may be aligned with multiple Key Themes at the same time.The Investment Adviser’s belief may be informed by, among other things, company disclosure, third-party research, engagement with the companies, or subjective criteria including the Investment Adviser’s own research, expectations, or opinions. A company in which the Fund invests may not currently or in the future derive any revenue from its association with the different and evolving priorities and spending habits of younger consumers.The Investment Adviser employs a fundamental investment process that may integrate environmental, social and governance (“ESG”) factors alongside traditional fundamental factors. No one factor or consideration is determinative in the stock selection process.The Fund may invest in foreign securities, including securities of issuers in countries with emerging markets or economies. The Fund may invest without restriction as to company capitalization and may invest significantly in small- and mid-capitalization companies.The Fund concentrates its investments (i.e., holds more than 25% of its total assets) in the group of industries that comprise the consumer discretionary, communication services and information technology sectors.THE FUND IS NON-DIVERSIFIED UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED (THE “INVESTMENT COMPANY ACT”), AND MAY INVEST A LARGER PERCENTAGE OF ITS ASSETS IN FEWER ISSUERS THAN DIVERSIFIED FUNDS.The Fund is an actively managed ETF, which is a fund that trades like other publicly-traded securities. The Fund is not an index fund and does not seek to replicate the performance of a specified index.
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GBUY - Performance
Return Ranking - Trailing
| Period | GBUY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 31.2% | 5.9% | 39.3% | 14.29% |
| 1 Yr | 35.4% | 12.8% | 46.9% | 21.43% |
| 3 Yr | -0.5%* | -8.4% | 13.2% | 83.33% |
| 5 Yr | N/A* | 4.1% | 22.4% | 85.71% |
| 10 Yr | N/A* | 3.8% | 17.4% | 83.33% |
* Annualized
Return Ranking - Calendar
| Period | GBUY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.9% | 9.6% | 67.9% | 73.81% |
| 2022 | -38.6% | -55.7% | -13.2% | 80.95% |
| 2021 | N/A | -25.2% | 48.8% | N/A |
| 2020 | N/A | -11.3% | 122.6% | N/A |
| 2019 | N/A | 7.7% | 47.9% | N/A |
Total Return Ranking - Trailing
| Period | GBUY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 31.2% | 5.9% | 39.3% | 14.29% |
| 1 Yr | 35.4% | 12.8% | 46.9% | 21.43% |
| 3 Yr | -0.5%* | -8.4% | 13.2% | 83.33% |
| 5 Yr | N/A* | 4.1% | 22.4% | N/A |
| 10 Yr | N/A* | 3.8% | 17.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | GBUY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.5% | 11.5% | 68.9% | 76.19% |
| 2022 | -38.4% | -55.7% | -12.8% | 88.10% |
| 2021 | N/A | -25.2% | 57.6% | N/A |
| 2020 | N/A | -10.3% | 123.8% | N/A |
| 2019 | N/A | 11.4% | 48.7% | N/A |
GBUY - Holdings
Concentration Analysis
| GBUY | Category Low | Category High | GBUY % Rank | |
|---|---|---|---|---|
| Net Assets | 86.1 M | 8.65 M | 20.1 B | 61.90% |
| Number of Holdings | 49 | 25 | 305 | 66.67% |
| Net Assets in Top 10 | 31.6 M | 2.14 M | 13.5 B | 69.05% |
| Weighting of Top 10 | 50.94% | 15.6% | 75.4% | 59.52% |
Top 10 Holdings
- Apple Inc 9.28%
- Amazon.com Inc 7.86%
- NVIDIA Corp 7.33%
- Alphabet Inc 6.02%
- Taiwan Semiconductor Manufacturing Co Ltd 4.06%
- Meta Platforms Inc 4.01%
- Mastercard Inc 3.94%
- Experian PLC 2.92%
- MercadoLibre Inc 2.86%
- NextEra Energy Inc 2.66%
Asset Allocation
| Weighting | Return Low | Return High | GBUY % Rank | |
|---|---|---|---|---|
| Stocks | 97.65% | 76.82% | 108.16% | 90.48% |
| Cash | 2.68% | 0.00% | 31.50% | 45.24% |
| Preferred Stocks | 0.00% | 0.00% | 0.76% | 21.43% |
| Other | 0.00% | 0.00% | 4.99% | 50.00% |
| Convertible Bonds | 0.00% | 0.00% | 0.04% | 19.05% |
| Bonds | 0.00% | 0.00% | 0.00% | 16.67% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GBUY % Rank | |
|---|---|---|---|---|
| Communication Services | 31.06% | 0.00% | 77.13% | 16.67% |
| Consumer Cyclical | 29.44% | 3.24% | 96.69% | 95.24% |
| Technology | 14.78% | 0.00% | 56.29% | 7.14% |
| Utilities | 6.10% | 0.00% | 6.10% | 2.38% |
| Financial Services | 4.68% | 0.00% | 4.68% | 2.38% |
| Real Estate | 3.97% | 0.00% | 17.67% | 9.52% |
| Consumer Defense | 3.04% | 0.00% | 29.70% | 73.81% |
| Healthcare | 2.42% | 0.00% | 13.27% | 9.52% |
| Industrials | 2.26% | 0.00% | 42.91% | 23.81% |
| Basic Materials | 2.26% | 0.00% | 7.13% | 9.52% |
| Energy | 0.00% | 0.00% | 1.00% | 19.05% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GBUY % Rank | |
|---|---|---|---|---|
| US | 67.16% | 30.21% | 108.16% | 88.10% |
| Non US | 30.49% | 0.00% | 69.30% | 16.67% |
GBUY - Expenses
Operational Fees
| GBUY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.75% | 0.08% | 2.43% | 35.71% |
| Management Fee | 0.75% | 0.03% | 0.85% | 76.19% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 6.25% |
| Administrative Fee | N/A | 0.25% | 0.25% | N/A |
Sales Fees
| GBUY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| GBUY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| GBUY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 4.00% | 214.00% | 2.33% |
GBUY - Distributions
Dividend Yield Analysis
| GBUY | Category Low | Category High | GBUY % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.92% | 57.14% |
Dividend Distribution Analysis
| GBUY | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| GBUY | Category Low | Category High | GBUY % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -1.54% | 1.17% | 71.11% |
Capital Gain Distribution Analysis
| GBUY | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.001 | OrdinaryDividend |
| Dec 26, 2023 | $0.125 | OrdinaryDividend |
| Jun 24, 2022 | $0.079 | OrdinaryDividend |
GBUY - Fund Manager Analysis
Managers
Nathan Lin
Start Date
Tenure
Tenure Rank
Nov 09, 2021
0.56
0.6%
Mr. Lin joined the GSAM Greater China Equity Research Team as a Research Analyst in April 2008. Before joining GSAM, Mr. Lin was an analyst at RCM Asset Management (Hong Kong) responsible for technology stocks within the Asian region beginning August 2006. Prior to that he was a portfolio manager covering the technology sector at Alliance Global Investors (Taiwan) beginning in 2004.
Raj Garigipati
Start Date
Tenure
Tenure Rank
Nov 09, 2021
0.56
0.6%
Mr. Garigipati joined the ETF Portfolio Management team in 2015. Mr. Garigipati joined Goldman Sachs in 2003 as a Technology audit analyst in the Internal Audit department covering the Investment Management Division and later was the global audit lead for GSAM before joining the QIS team in 2011 as the Chief Risk Officer. Prior to joining the ETF Portfolio Management team, he had been the Chief Risk Officer of the Quantitative Investment Strategies team since 2011. He joined Goldman Sachs in 2003.
Laura Destribats
Start Date
Tenure
Tenure Rank
Nov 09, 2021
0.56
0.6%
Ms. Destribats is Co-Lead Portfolio Manager of the GSAM Global Millennials Equity Strategy and lead research analyst for the Global Equity team with responsibilities in Consumer Discretionary, Internet and Business Services. Ms. Destribats joined Goldman Sachs Asset Management in 2012.
Alexis Deladerriere
Start Date
Tenure
Tenure Rank
Nov 09, 2021
0.56
0.6%
Managing Director, Lead Portfolio Manager & Head of International Developed Markets – New York Alexis is the Head of International Developed Markets for Goldman Sachs Asset Management’s Fundamental Equity team, overseeing portfolio management and investment research for the firm's global and international equity strategies. He is the lead portfolio manager of GSAM’s Global Equity Partners (GEP), GEP ESG, International Equity ESG and International Equity Income strategies. Alexis has been leading the ESG effort in Fundamental Equity, driving enhancements to the ESG research process via data usage and systematization. Alexis has research responsibility for financials, software and telecoms. Alexis joined the Fundamental Equity team in 2002 in London as a research analyst, then became a portfolio manager of European and international equity strategies, before relocating to New York in 2017. He was named managing director in 2015. Alexis earned a Masters in Finance, Economics and General Management from École Supérieure de Commerce de Paris (ESCP) in 2003 and was awarded the Chartered Financial Analyst (CFA) designation in 2006.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.31 | 24.18 | 12.19 | 14.22 |
