Goldman Sachs Activebeta Etf Profile
| GEM Etf | USD 33.26 0.59 1.74% |
Performance1 of 100
| Odds Of DistressLess than 10
|
Goldman Sachs is selling at 33.26 as of the 13th of November 2024; that is 1.74 percent decrease since the beginning of the trading day. The etf's lowest day price was 33.13. Goldman Sachs has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Note, on July 11, 2024, Senator John Boozman of US Senate acquired under $15k worth of Goldman Sachs ActiveBeta's common stock.
The index is designed to deliver exposure to equity securities of emerging market issuers. GS Activebeta is traded on NYSEARCA Exchange in the United States. The company has 544.08 M outstanding shares. More on Goldman Sachs ActiveBeta
Moving together with Goldman Etf
Goldman Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [Pele Mountain Resources Inc, GEMINA , GEMINA - Frankfurt Stock Exchang] |
| Business Concentration | ASX Small Ordinaries, SPASX 300, Australia All Ordinaries, Strategy ETFs, Broad Equity ETFs, Diversified Emerging Mkts, Goldman Sachs (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2015-09-25 |
| Benchmark | Goldman Sachs ActiveBeta Emerging Markets Equity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 966.99 Million |
| Average Trading Valume | 58,690.2 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| 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 | 810 |
| Market Maker | Jane Street |
| Total Expense | 0.52 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | 8.38 |
| Name | Goldman Sachs ActiveBeta Emerging Markets Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00B3QTT18 |
| In Threey Volatility | 16.57 |
| 1y Volatility | 12.66 |
| 200 Day M A | 32.5064 |
| 50 Day M A | 34.1733 |
| Code | GEM |
| Updated At | 13th of November 2024 |
| Currency Name | US Dollar |
Goldman Sachs ActiveBeta [GEM] is traded in USA and was established 2015-09-25. The fund is classified under Diversified Emerging Mkts category within Goldman Sachs family. The entity is thematically classified as Strategy ETFs. Goldman Sachs ActiveBeta currently have 877.69 M in assets under management (AUM). , while the total return for the last 3 years was -2.1%.
Goldman Sachs ActiveBeta has about 29.92 M in cash with 42.01 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.0551.
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
| 600795 | GD Power Development | Stock | Utilities | |
| 066570 | LG Electronics | Stock | Consumer Discretionary | |
| 600000 | Shanghai Pudong Development | Stock | Financials | |
| 000963 | Huadong Medicine Co | Stock | Health Care | |
| 251270 | Netmarble Games Corp | Stock | Communication Services | |
| TATAELXSI | Tata Elxsi Limited | Stock | Information Technology | |
| GMRINFRA | GMR Airports Infrastructure | Stock | Industrials | |
| HAPV3 | Hapvida Participaes e | Stock | Health Care |
Goldman Sachs Top Holders
| GTRDX | Goldman Sachs Target | Mutual Fund | Target-Date 2025 | |
| GXSIX | Goldman Sachs Satellite | Mutual Fund | World Allocation | |
| GXSUX | Goldman Sachs Satellite | Mutual Fund | World Allocation | |
| GAXCX | Goldman Sachs Equity | Mutual Fund | World Large-Stock Blend | |
| GAPUX | Goldman Sachs Equity | Mutual Fund | World Large-Stock Blend | |
| GAPIX | Goldman Sachs Equity | Mutual Fund | World Large-Stock Blend | |
| GTIFX | Goldman Sachs Target | Mutual Fund | Target-Date 2025 | |
| GTADX | Goldman Sachs Target | Mutual Fund | Target-Date 2025 |
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 | 0.033 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.11) |
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.