Goldman Sachs Hedge Etf Profile
| GVIP Etf | USD 136.09 1.05 0.78% |
PerformanceGood
| Odds Of DistressLow
|
Goldman Sachs is selling at 136.09 as of the 16th of February 2025; that is 0.78 percent increase since the beginning of the trading day. The etf's last reported lowest price was 135.16. Goldman Sachs has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 18th of November 2024 and ending today, the 16th of February 2025. Click here to learn more.
The fund seeks to achieve its investment objective by investing at least 80 percent of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. More on Goldman Sachs Hedge
Moving together with Goldman Etf
Goldman Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Theme ETFs, Strategy ETFs, Large Growth, Goldman Sachs (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2016-11-01 |
| Benchmark | Goldman Sachs Hedge Fund VIP Index TR |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 336.77 Million |
| Average Trading Valume | 9,239.8 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| 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 | Raj Garigipati, Jamie McGregor |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 51.0 |
| Market Maker | Jane Street |
| Total Expense | 0.45 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 9.69 |
| Name | Goldman Sachs Hedge Industry VIP ETF |
| Currency Code | USD |
| Open Figi | BBG00F5SDB37 |
| In Threey Volatility | 18.82 |
| 1y Volatility | 11.58 |
| 200 Day M A | 118.52 |
| 50 Day M A | 128.6 |
| Code | GVIP |
| Updated At | 16th of February 2025 |
| Currency Name | US Dollar |
Goldman Sachs Hedge [GVIP] is traded in USA and was established 2016-11-01. The fund is listed under Large Growth category and is part of Goldman Sachs family. The entity is thematically classified as Theme ETFs. Goldman Sachs Hedge currently have 130.45 M in assets under management (AUM). , while the total return for the last 3 years was 14.2%.
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 Hedge 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.
Top Goldman Sachs Hedge Etf Constituents
| GDDY | Godaddy | Stock | Information Technology | |
| V | Visa Class A | Stock | Financials | |
| PYPL | PayPal Holdings | Stock | Financials | |
| NXPI | NXP Semiconductors NV | Stock | Information Technology | |
| AAP | Advance Auto Parts | Stock | Consumer Discretionary | |
| MGM | MGM Resorts International | Stock | Consumer Discretionary | |
| EXPE | Expedia Group | Stock | Consumer Discretionary | |
| DLR | Digital Realty Trust | Stock | Real Estate |
Goldman Sachs Hedge 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 | 0.0772 | |||
| Jensen Alpha | 0.1034 | |||
| Total Risk Alpha | 0.1022 | |||
| Sortino Ratio | 0.077 |
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 Hedge. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of Goldman Sachs Hedge 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.