Goldman Sachs ActiveBeta Europe Equity ETF

GSEU is a Global Ex. US Equities ETF. The Goldman Sachs ActiveBeta Europe Equity ETF (the Fund ) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta Europe Equity Index (the Index ), which delivers exposure to equity securities of developed market issuers in Europe. The Fund s equity investments are subject to market risk, which means that the value of the securities in which it invests may go up or down in response to the prospects of individual companies, particular sectors and/or general economic conditions. Foreign investments may be more volatile and less liquid than investments in U.S. securities and are subject to the risks of currency fluctuations and adverse economic or political developments. The Fund may invest heavily in investments in Europe and may be subject to greater losses than if it were less concentrated in Europe. Because the Fund may concentrate its investments in an industry or group of industries to the extent that the Index is concentrated, the Fund may be subject to greater risk of loss as a result of adverse economic, business or other developments affecting that industry or group of industries. The securities of mid- and small-capitalization companies involve greater risks than those associated with larger, more established companies and may be subject to more abrupt or erratic price movements. The Fund is not actively managed, and therefore the Fund will not generally dispose of a security unless the security is removed from the Index. The Index calculation methodology may rely on information based on assumptions and estimates and neither the Fund nor its investment adviser can guarantee the accuracy of the methodology s assessment of included issuers. Performance may vary substantially from the performance of the Index as a result of transaction costs, expenses and other factors.

GSEU tracks the Goldman Sachs ActiveBeta Europe Equity Index.

No, GSEU is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GSEU is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GSEU is -0.0254%. This is the percent change in the value of GSEU over the most recent 1-month period. The 3-month return on GSEU is 0.053%. This is the percent change in the value of GSEU over the most recent 3-month period.

The standard deviation of GSEU for the past year is 0.2236%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GSEU include VEA, EEM, and VPL.

ETFs correlated to GSEU include VGK, BBEU, and SPEU.

ETFs that are inversely correlated to GSEU include EPV, EFZ, and SEF.