Goldman Sachs Equal Etf Profile
| GSEW Etf | USD 68.68 0.03 0.04% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Goldman Sachs is selling for under 68.68 as of the 19th of April 2024; that is -0.04 percent decrease since the beginning of the trading day. The etf's lowest day price was 68.51. Goldman Sachs has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Goldman Sachs Equal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. 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. Equal Weight is traded on BATS Exchange in the United States. More on Goldman Sachs Equal
Moving together with Goldman Etf
| 0.99 | VTI | Vanguard Total Stock | PairCorr |
| 0.97 | SPY | SPDR SP 500 | PairCorr |
| 0.99 | IVV | iShares Core SP | PairCorr |
| 0.97 | VIG | Vanguard Dividend | PairCorr |
| 0.96 | VV | Vanguard Large Cap | PairCorr |
| 0.98 | RSP | Invesco SP 500 | PairCorr |
| 0.99 | IWB | iShares Russell 1000 | PairCorr |
Goldman Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Goldman Sachs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goldman Sachs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Blend, Goldman Sachs (View all Sectors) |
| Issuer | Goldman Sachs |
| Inception Date | 2017-09-12 |
| Benchmark | Solactive US Large Cap Equal Weight Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 630.77 Million |
| Average Trading Valume | 34,148 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| 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 | Cboe BZX Exchange, Inc. |
| Number of Constituents | 495 |
| Market Maker | Susquehanna |
| Total Expense | 0.09 |
| Management Fee | 0.09 |
| Country Name | USA |
| Returns Y T D | 2.72 |
| Name | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF |
| Currency Code | USD |
| Open Figi | BBG00H2DR4T2 |
| In Threey Volatility | 18.44 |
| 1y Volatility | 16.78 |
| 200 Day M A | 64.761 |
| 50 Day M A | 70.3703 |
| Code | GSEW |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
Goldman Sachs Equal [GSEW] is traded in USA and was established 2017-09-12. The fund is listed under Large Blend category and is part of Goldman Sachs family. The entity is thematically classified as Size And Style ETFs. Goldman Sachs Equal currently have 551.05 M in assets under management (AUM). , while the total return for the last 3 years was 3.4%.
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 Equal 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 Equal Etf Constituents
| LOW | Lowes Companies | Stock | Consumer Discretionary |
| DLR | Digital Realty Trust | Stock | Real Estate |
| CRWD | Crowdstrike Holdings | Stock | Information Technology |
| GWW | WW Grainger | Stock | Industrials |
| GNRC | Generac Holdings | Stock | Industrials |
| MRVL | Marvell Technology Group | Stock | Information Technology |
| FE | FirstEnergy | Stock | Utilities |
Goldman Sachs Target Price Odds Analysis
Depending on a normal probability distribution, the odds of Goldman Sachs jumping above the current price in 90 days from now is about 64.55%. The Goldman Sachs Equal probability density function shows the probability of Goldman Sachs etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.0837. This usually indicates Goldman Sachs Equal market returns are correlated to returns on the market. As the market goes up or down, Goldman Sachs is expected to follow. Additionally, goldman Sachs Equal has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Goldman Sachs to move above the current price in 90 days from now is about 64.55 (This Goldman Sachs Equal probability density function shows the probability of Goldman Etf to fall within a particular range of prices over 90 days) .
Goldman Sachs Equal Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Goldman Sachs market risk premium is the additional return an investor will receive from holding Goldman Sachs long position in a well-diversified portfolio. 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. Although Goldman Sachs' alpha and beta are two of the key measurements used to evaluate Goldman Sachs' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0606 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) |
Goldman Sachs Against Markets
Picking the right benchmark for Goldman Sachs etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Goldman Sachs etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Goldman Sachs is critical whether you are bullish or bearish towards Goldman Sachs Equal at a given time. Please also check how Goldman Sachs' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Goldman Sachs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Goldman Etf?
Before investing in Goldman Sachs, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Goldman Sachs. To buy Goldman Sachs etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Goldman Sachs. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Goldman Sachs etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Goldman Sachs Equal etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Goldman Sachs Equal etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Goldman Sachs Equal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Goldman Etf please use our How to Invest in Goldman Sachs guide.
Already Invested in Goldman Sachs Equal?
The danger of trading Goldman Sachs Equal is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Goldman Sachs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Goldman Sachs. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Goldman Sachs Equal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Goldman Sachs Equal is a strong investment it is important to analyze Goldman Sachs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Goldman Sachs' future performance. For an informed investment choice regarding Goldman Etf, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Equal. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Goldman Sachs Equal information on this page should be used as a complementary analysis to other Goldman Sachs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Goldman Sachs Equal 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.