Goldman Sachs Access Etf Profile

GIGB Etf  USD 45.93  0.01  0.02%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Goldman Sachs is trading at 45.93 as of the 17th of July 2024, a 0.02 percent increase since the beginning of the trading day. The etf's open price was 45.92. Goldman Sachs has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on June 4, 2024, Senator John Boozman of US Senate acquired under $15k worth of Goldman Sachs Access'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. GS Access is traded on NYSEARCA Exchange in the United States. More on Goldman Sachs Access

Moving together with Goldman Etf

  1.0LQD iShares iBoxx InvestmentPairCorr
  1.0IGIB iShares 5 10PairCorr
  1.0USIG iShares Broad USDPairCorr
  0.99SPIB SPDR Barclays IntermPairCorr
  1.0SUSC iShares ESG USDPairCorr
  1.0QLTA iShares AaaPairCorr

Goldman Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationInvestment Grade ETFs, Corporate ETFs, Corporate Bond, Goldman Sachs (View all Sectors)
IssuerGoldman Sachs
Inception Date2017-06-06
BenchmarkFTSE Goldman Sachs Investment Grade Corporate Bond Index
Entity TypeRegulated Investment Company
Asset Under Management794.4 Million
Average Trading Valume61,369.9
Asset TypeFixed Income
CategoryCorporate
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorGoldman Sachs Asset Management, L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerJoshua Kruk, Jason Singer
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents1,683
Market MakerJane Street
Total Expense0.14
Management Fee0.14
Country NameUSA
Returns Y T D0.81
NameGoldman Sachs Access Investment Grade Corporate Bond ETF
Currency CodeUSD
Open FigiBBG00GW2L1R9
In Threey Volatility9.46
1y Volatility9.37
200 Day M A44.8968
50 Day M A45.2641
CodeGIGB
Updated At16th of July 2024
Currency NameUS Dollar
Goldman Sachs Access [GIGB] is traded in USA and was established 2017-06-06. The fund is listed under Corporate Bond category and is part of Goldman Sachs family. The entity is thematically classified as Investment Grade ETFs. Goldman Sachs Access currently have 574.41 M in assets under management (AUM). , while the total return for the last 3 years was -2.8%.
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 Access 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 Top Holders

GTRDXGoldman Sachs TargetMutual FundTarget-Date 2025
GOIUXGoldman Sachs GrowthMutual FundTactical Allocation
GOISXGoldman Sachs GrowthMutual FundTactical Allocation
GOIIXGoldman Sachs GrowthMutual FundTactical Allocation
GOIAXGoldman Sachs GrowthMutual FundTactical Allocation
GGSPXGoldman Sachs GrowthMutual FundTactical Allocation
GIPRXGoldman Sachs BalancedMutual FundTactical Allocation
GTIFXGoldman Sachs TargetMutual FundTarget-Date 2025
More Details

Goldman Sachs Access 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.

Goldman Sachs Against Markets

Additional Information and Resources on Investing in Goldman Etf

When determining whether Goldman Sachs Access is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Goldman Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Goldman Sachs Access Etf. Highlighted below are key reports to facilitate an investment decision about Goldman Sachs Access Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Access. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of Goldman Sachs Access 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.