Goldman Sachs Access Etf Profile
| GSST Etf | USD 50.42 0.04 0.08% |
Performance40 of 100
| Odds Of DistressLess than 9
|
Goldman Sachs is selling for under 50.42 as of the 26th of November 2024; that is 0.08 percent increase since the beginning of the trading day. The etf's last reported lowest price was 50.39. Goldman Sachs has less than a 9 % chance of experiencing financial distress in the next few years and had a very strong performance during the last 90 days. Equity ratings for Goldman Sachs Access are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets plus any borrowings for investment purposes in a broad range of U.S. dollar denominated bonds. GS Access is traded on BATS Exchange in the United States.. More on Goldman Sachs Access
Moving together with Goldman Etf
| 0.98 | BIL | SPDR Bloomberg 1 | PairCorr |
| 0.98 | SHV | iShares Short Treasury | PairCorr |
| 0.99 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.96 | USFR | WisdomTree Floating Rate | PairCorr |
| 0.99 | ICSH | iShares Ultra Short | PairCorr |
| 1.0 | FTSM | First Trust Enhanced | PairCorr |
Moving against Goldman Etf
Goldman Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Debt ETFs, Investment Grade ETFs, Ultrashort Bond, Goldman Sachs (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2019-04-15 |
| Benchmark | FTSE 3 Month T-Bill Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 693.71 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| 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 | David Fishman, Matthew Kaiser, Jason Singer, David Westbrook |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Jun |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 362 |
| Market Maker | Jane Street |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| Country Name | USA |
| Returns Y T D | 5.43 |
| Name | Goldman Sachs Access Ultra Short Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00NW3TG64 |
| In Threey Volatility | 1.13 |
| 1y Volatility | 0.69 |
| 200 Day M A | 50.3222 |
| 50 Day M A | 50.4209 |
| Code | GSST |
| Updated At | 24th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.37) |
Goldman Sachs Access [GSST] is traded in USA and was established 2019-04-15. The fund is listed under Ultrashort Bond category and is part of Goldman Sachs family. The entity is thematically classified as Broad Debt ETFs. Goldman Sachs Access currently have 506.64 M in assets under management (AUM). , while the total return for the last 3 years was 3.8%.
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 Access 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 Top Holders
| VSPY | VectorShares | Etf | Allocation--50% to 70% Equity | |
| ETFZX | Stadion Tactical Defensive | Mutual Fund | Tactical Allocation | |
| ETFWX | Stadion Tactical Defensive | Mutual Fund | Tactical Allocation | |
| ETFRX | Stadion Tactical Defensive | Mutual Fund | Tactical Allocation |
Goldman Sachs Access 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 | 0.2114 | |||
| Jensen Alpha | 0.0087 | |||
| Total Risk Alpha | 0.0038 | |||
| Sortino Ratio | (2.91) |
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 Access. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Goldman Sachs Access 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.