Goldman Sachs Future Etf Profile
| GSFP Etf | USD 32.18 0.05 0.16% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Goldman Sachs is selling at 32.18 as of the 21st of November 2024; that is 0.16 percent increase since the beginning of the trading day. The etf's last reported lowest price was 32.18. 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 Future are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
The fund invests, under normal circumstances, at least 80 percent of its net assets plus any borrowings for investment purposes in equity investments in U.S. and non-U.S. companies that Goldman Sachs Asset Management, L.P. Goldman Sachs is traded on NYSEARCA Exchange in the United States.. More on Goldman Sachs Future
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Goldman Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Global Large-Stock Growth, Goldman Sachs Asset Management (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2021-07-13 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 41.8 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Goldman Sachs Asset Management, L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Alexis Deladerrire, Jamie McGregor |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 45.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 6.99 |
| Name | Goldman Sachs Future Planet Equity ETF |
| Currency Code | USD |
| Open Figi | BBG011KMY3G4 |
| In Threey Volatility | 22.54 |
| 1y Volatility | 18.52 |
| 200 Day M A | 31.3039 |
| 50 Day M A | 32.5152 |
| Code | GSFP |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.38) |
| Type | ETF |
Goldman Sachs Future [GSFP] is traded in USA and was established 2021-07-13. The fund is listed under Global Large-Stock Growth category and is part of Goldman Sachs Asset Management family. The entity is thematically classified as Strategy ETFs. Goldman Sachs Future currently have 153.54 M in assets under management (AUM). , while the total return for the last 3 years was -7.3%.
Check Goldman Sachs Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Goldman Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Goldman Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Goldman Sachs Future Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Goldman Sachs Future Currency Exposure
Goldman Sachs Future holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Goldman Sachs will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Goldman Sachs Future.
Top Goldman Sachs Future Etf Constituents
| KRX | Kingspan Group plc | Stock | Building And Construction Materials | |
| WCN | Waste Connections | Stock | Industrials | |
| DASTF | Dassault Systemes SE | Pink Sheet | Software—Application | |
| SU | Schneider Electric SE | Stock | Diversified Industrials | |
| ITRI | Itron Inc | Stock | Information Technology | |
| TT | Trane Technologies plc | Stock | Industrials | |
| ALB | Albemarle Corp | Stock | Materials | |
| ECL | Ecolab Inc | Stock | Materials |
Goldman Sachs Future 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.
| Risk Adjusted Performance | 0.0352 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.07) |
Goldman Sachs Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Future. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Goldman Sachs Future 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.