Goldman Sachs Etf Profile

GEMD Etf  USD 40.74  0.06  0.15%   

Performance

0 of 100

 
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Odds Of Distress

Less than 9

 
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Low
Goldman Sachs is trading at 40.74 as of the 24th of November 2024, a 0.15 percent decrease since the beginning of the trading day. The etf's lowest day price was 40.74. Goldman Sachs has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Goldman Sachs ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2023 and ending today, the 24th of November 2024. Click here to learn more.
The fund seeks to invest at least 80 percent of its assets in securities included in its underlying index. GS Access is traded on BATS Exchange in the United States. More on Goldman Sachs ETF

Moving together with Goldman Etf

  0.93EMB iShares JP Morgan Symbol ChangePairCorr
  0.98PCY Invesco Emerging MarketsPairCorr
  0.85CEMB iShares JP MorganPairCorr

Moving against Goldman Etf

  0.74MSTY YieldMax MSTR OptionPairCorr
  0.72TSJA TSJAPairCorr
  0.7DSJA DSJAPairCorr
  0.61PUTW WisdomTree CBOE SPPairCorr
  0.6XLC Communication Services Sell-off TrendPairCorr
  0.57SIXD AIM ETF ProductsPairCorr

Goldman Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Sovereign ETFs, Sovereign ETFs, Emerging Markets Bond, Goldman Sachs (View all Sectors)
IssuerGoldman Sachs
Inception Date2022-02-15
BenchmarkFTSE Goldman Sachs Emerging Markets USD Bond Index
Entity TypeRegulated Investment Company
Asset Under Management67.33 Million
Asset TypeFixed Income
CategorySovereign
FocusBroad Sovereign
Market ConcentrationEmerging Markets
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorGoldman Sachs Asset Management, L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerTodd Henry, David Westbrook
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Aug
ExchangeCboe BZX Exchange, Inc.
Number of Constituents255
Market MakerJane Street
Total Expense0.45
Management Fee0.45
Country NameUSA
Returns Y T D4.54
NameGoldman Sachs ETF Trust - Goldman Sachs Access Emerging Markets USD Bond ETF
Currency CodeUSD
Open FigiBBG015C8CPP0
1y Volatility8.65
200 Day M A40.9985
50 Day M A41.5703
CodeGEMD
Updated At23rd of November 2024
Currency NameUS Dollar
TypeETF
Goldman Sachs ETF [GEMD] is traded in USA and was established 2022-02-15. The fund is listed under Emerging Markets Bond category and is part of Goldman Sachs family. The entity is thematically classified as Broad Sovereign ETFs. Goldman Sachs ETF currently have 30.06 M in assets under management (AUM). , while the total return for the last year was 10.4%.
Check Goldman Sachs Probability Of Bankruptcy

Geographic Allocation (%)

Goldman Sachs ETF Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Goldman Sachs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Goldman Sachs Against Markets

When determining whether Goldman Sachs ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Goldman Sachs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Goldman Sachs Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Goldman Sachs Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
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The market value of Goldman Sachs ETF is measured differently than its book value, which is the value of Goldman that is recorded on the company's balance sheet. Investors also form their own opinion of Goldman Sachs' value that differs from its market value or its book value, called intrinsic value, which is Goldman Sachs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goldman Sachs' market value can be influenced by many factors that don't directly affect Goldman Sachs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goldman Sachs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Goldman Sachs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldman Sachs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.