Goldman Sachs Activebeta Etf Profile
| GSEU Etf | USD 35.49 0.26 0.74% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Goldman Sachs is selling for under 35.49 as of the 28th of November 2024; that is 0.74 percent increase since the beginning of the trading day. The etf's last reported lowest price was 35.28. 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 ActiveBeta are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The index is designed to deliver exposure to equity securities of developed markets issuers in Europe. GS Activebeta is traded on NYSEARCA Exchange in the United States. More on Goldman Sachs ActiveBeta
Moving together with Goldman Etf
| 1.0 | VGK | Vanguard FTSE Europe | PairCorr |
| 0.98 | EZU | iShares MSCI Eurozone | PairCorr |
| 1.0 | BBEU | JPMorgan BetaBuilders | PairCorr |
| 1.0 | IEUR | iShares Core MSCI | PairCorr |
| 0.97 | FEZ | SPDR EURO STOXX | PairCorr |
| 1.0 | IEV | iShares Europe ETF | PairCorr |
Moving against Goldman Etf
Goldman Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Europe Stock, Goldman Sachs (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2016-03-02 |
| Benchmark | Goldman Sachs ActiveBeta Europe Equity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 73.76 Million |
| Average Trading Valume | 58,813.4 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Europe |
| 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 | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 356 |
| Market Maker | Jane Street |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| Country Name | USA |
| Returns Y T D | 2.99 |
| Name | Goldman Sachs ActiveBeta Europe Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00CCP5JZ9 |
| In Threey Volatility | 18.5 |
| 1y Volatility | 14.3 |
| 200 Day M A | 36.6631 |
| 50 Day M A | 36.9962 |
| Code | GSEU |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
Goldman Sachs ActiveBeta [GSEU] is traded in USA and was established 2016-03-02. The fund is listed under Europe Stock category and is part of Goldman Sachs family. The entity is thematically classified as Strategy ETFs. Goldman Sachs ActiveBeta currently have 9.4 M in assets under management (AUM). , while the total return for the last 3 years was 2.2%.
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 ActiveBeta 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 ActiveBeta Currency Exposure
Goldman Sachs ActiveBeta 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 ActiveBeta.
Top Goldman Sachs ActiveBeta Etf Constituents
| ANTO | Antofagasta PLC | Stock | Materials | |
| SOON | Sonova H Ag | Stock | Medical Instruments & Supplies | |
| AGS | ageas SANV | Stock | Insurance—Diversified | |
| SHL | Siemens Healthineers AG | Stock | Medical Devices | |
| KBC | KBC Groep NV | Stock | Financials | |
| VOE | Voestalpine AG | Stock | Steel Production And Products | |
| SIKA | Sika AG | Stock | Specialty Chemicals | |
| GLEN | Glencore PLC | Stock | Materials |
Goldman Sachs ActiveBeta 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 | (0.11) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.35) |
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 ActiveBeta. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of Goldman Sachs ActiveBeta 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.