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ETFs

Goldman Sachs Future Planet Equity ETF

GSFP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 13, 2021
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$84,388
AUM
$132,482,660
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

IBE
Iberdrola S.A.
4.33%
ENEL
Enel Spa
4.12%
DHR
Danaher Corp.
4.12%
NEE
NextEra Energy Inc
3.82%
DSFIR
DSM-Firmenich AG
3.82%
WM
Waste Management, Inc.
3.70%
300750
Contemporary Amperex Technology Co. Limited - Ordinary Shares - Class A
3.33%
IFX
Infineon Technologies AG
3.25%
WRK
WestRock Co
3.16%
SU
Schneider Electric SE
3.14%
Invest with GSFP

What is GSFP?

The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ( Net Assets ) in equity investments in U.S. and non-U.S. companies that Goldman Sachs Asset Management, L.P. ( GSAM or the Investment Adviser ) believes are associated, at the time the investment is first added to the Fund s portfolio, with seeking to address environmental problems. Securities or other instruments that provide exposure (directly or indirectly) to such companies are treated as such investments for purposes of this policy. Equity investments may include common stock, preferred stock, warrants and other rights to acquire stock, American depositary receipts ( ADRs ), European depositary receipts ( EDRs ), and global depositary receipts ( GDRs ), underlying funds (including exchange-traded funds ( ETFs )), and futures, forwards, options and other instruments with similar economic exposures. The Fund may invest in underlying ETFs, exchange-traded products ( ETPs ) and/or money market funds, including those that currently exist or that may become available for investment in the future for which the Investment Adviser or an affiliate now or in the future acts as investment adviser or principal underwriter. The Fund intends to invest in companies that the Investment Adviser believes are aligned with the key themes associated with seeking to address environmental problems, which include, but are not limited to, clean energy, resource efficiency, sustainable consumption, the circular economy and water sustainability (the Key Themes ).

ETFs related toGSFP

ETFs correlated to GSFP include VT, SPGM, SPDW

GSFP
Goldman Sachs ETF Trust - Goldman Sachs Future Planet Equity ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
DIHP
Dimensional ETF Trust - Dimensional International High Profitability ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toGSFP

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with GSFP using Composer

FAQ

GSFP is a Global Equities ETF. The Fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ( Net Assets ) in equity investments in U.S. and non-U.S. companies that Goldman Sachs Asset Management, L.P. ( GSAM or the Investment Adviser ) believes are associated, at the time the investment is first added to the Fund s portfolio, with seeking to address environmental problems. Securities or other instruments that provide exposure (directly or indirectly) to such companies are treated as such investments for purposes of this policy. Equity investments may include common stock, preferred stock, warrants and other rights to acquire stock, American depositary receipts ( ADRs ), European depositary receipts ( EDRs ), and global depositary receipts ( GDRs ), underlying funds (including exchange-traded funds ( ETFs )), and futures, forwards, options and other instruments with similar economic exposures. The Fund may invest in underlying ETFs, exchange-traded products ( ETPs ) and/or money market funds, including those that currently exist or that may become available for investment in the future for which the Investment Adviser or an affiliate now or in the future acts as investment adviser or principal underwriter. The Fund intends to invest in companies that the Investment Adviser believes are aligned with the key themes associated with seeking to address environmental problems, which include, but are not limited to, clean energy, resource efficiency, sustainable consumption, the circular economy and water sustainability (the Key Themes ).

Yes, GSFP is actively 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.

No, GSFP is not passively managed. It is actively 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 GSFP is -0.0438%. This is the percent change in the value of GSFP over the most recent 1-month period. The 3-month return on GSFP is -0.0935%. This is the percent change in the value of GSFP over the most recent 3-month period.

The standard deviation of GSFP for the past year is 0.2073%. 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 GSFP include PBW, IGF, and ARKK.

ETFs correlated to GSFP include VT, SPGM, and SPDW.

ETFs that are inversely correlated to GSFP include EFZ, EPV, and HIBS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.