Goldman Sachs Activebeta Etf Profile
| GLOV Etf | USD 51.30 0.07 0.14% |
PerformanceModest
| Odds Of DistressBelow Average
|
Goldman Sachs is selling for under 51.30 as of the 23rd of March 2025; that is 0.14 percent decrease since the beginning of the trading day. The etf's lowest day price was 51.03. Goldman Sachs has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on July 12, 2023, Senator John Boozman of US Senate acquired under $15k worth of Goldman Sachs ActiveBeta's common stock.
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. The company has 1.25 M outstanding shares. More on Goldman Sachs ActiveBeta
Moving together with Goldman Etf
| 0.68 | VT | Vanguard Total World | PairCorr |
| 0.68 | ACWI | iShares MSCI ACWI | PairCorr |
| 0.89 | ACWV | iShares MSCI Global | PairCorr |
| 0.65 | CRBN | iShares MSCI ACWI | PairCorr |
Moving against Goldman Etf
Goldman Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Global Large-Stock Blend, Goldman Sachs (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2022-03-15 |
| Benchmark | Goldman Sachs ActiveBeta World Low Vol Plus Equity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.15 Billion |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| 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 | Raj Garigipati, Jamie McGregor |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | Cboe BZX Exchange, Inc. |
| Market Maker | Flow Traders |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| Country Name | USA |
| Returns Y T D | 3.78 |
| Name | Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF |
| Currency Code | USD |
| Open Figi | BBG0155MNDF3 |
| 1y Volatility | 10.69 |
| 200 Day M A | 49.8942 |
| 50 Day M A | 51.3165 |
| Code | GLOV |
| Updated At | 22nd of March 2025 |
| Currency Name | US Dollar |
| Type | ETF |
Goldman Sachs ActiveBeta [GLOV] is traded in USA and was established 2022-03-15. The fund is listed under Global Large-Stock Blend category and is part of Goldman Sachs family. The entity is thematically classified as Strategy ETFs. Goldman Sachs ActiveBeta currently have 515.79 M in assets under management (AUM). , while the total return for the last 3 years was 9.1%.
Goldman Sachs ActiveBeta currently holds about 9.44 K in cash with (1.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Goldman Sachs Probability Of Bankruptcy
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.
Top Goldman Sachs ActiveBeta Etf Constituents
| PEP | PepsiCo | Stock | Consumer Staples | |
| MMC | Marsh McLennan Companies | Stock | Financials | |
| SYY | Sysco | Stock | Consumer Staples | |
| INVE-A | Investor AB ser | Stock | Asset Management | |
| MCO | Moodys | Stock | Financials | |
| AVGO | Broadcom | Stock | Information Technology | |
| SGE | Sage Group PLC | Stock | Information Technology | |
| TSCO | Tesco PLC | Stock | Consumer Staples |
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 | 0.0177 | |||
| Jensen Alpha | 0.0461 | |||
| Total Risk Alpha | 0.059 | |||
| Sortino Ratio | 0.0934 |
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 persons. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.