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ETFs

Goldman Sachs Access Inflation Protected USD Bond ETF

GTIP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 02 2018
Expense Ratio
0.12%
Type
US Bonds
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$572,532
AUM
$104,953,794
Associated Index
FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

TII
Thomas Industries Inc.
8.81%
TII
Thomas Industries Inc.
8.20%
TII
Thomas Industries Inc.
7.61%
TII
Thomas Industries Inc.
7.36%
TII
Thomas Industries Inc.
7.34%
TII
Thomas Industries Inc.
5.67%
TII
Thomas Industries Inc.
5.15%
TII
Thomas Industries Inc.
5.11%
TII
Thomas Industries Inc.
4.69%
TII
Thomas Industries Inc.
4.51%
Invest with GTIP

What is GTIP?

The Fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index (the Index ). The Index is designed to track the performance of inflation-protected, fixed rate U.S. Treasury Securities denominated in U.S. dollars ( USD ) that meet certain screening criteria. U.S. Treasury Securities refer to securities issued or guaranteed by the U.S. Treasury where the payment of principal and interest is backed by the full faith and credit of the U.S. government. U.S. Treasury Securities include U.S. Treasury notes and U.S. Treasury bills.

ETFs related toGTIP

ETFs correlated to GTIP include TIP, SCHP, DFIP

GTIP
Goldman Sachs ETF Trust - Goldman Sachs Access Inflation Protected USD Bond ETF
TIP
BlackRock Institutional Trust Company N.A. - iShares TIPS Bond ETF
SCHP
Schwab Strategic Trust - Schwab U.S. Tips ETF
DFIP
Dimensional ETF Trust - Dimensional Inflation-Protected Securities ETF
SPIP
SPDR Series Trust - SPDR Portfolio TIPS ETF
TDTF
FlexShares Trust - FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TIPX
SPDR Series Trust - SPDR Bloomberg 1-10 Year TIPS ETF
LTPZ
Pimco Exchange Traded Fund - PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
TDTT
FlexShares Trust - FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
STIP
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year TIPS Bond ETF
STPZ
Pimco Exchange Traded Fund - PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

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 toGTIP

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with GTIP using Composer

FAQ

GTIP is a US Bonds ETF. The Fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index (the Index ). The Index is designed to track the performance of inflation-protected, fixed rate U.S. Treasury Securities denominated in U.S. dollars ( USD ) that meet certain screening criteria. U.S. Treasury Securities refer to securities issued or guaranteed by the U.S. Treasury where the payment of principal and interest is backed by the full faith and credit of the U.S. government. U.S. Treasury Securities include U.S. Treasury notes and U.S. Treasury bills.

GTIP tracks the FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index.

No, GTIP 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, GTIP 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 GTIP is -0.0124%. This is the percent change in the value of GTIP over the most recent 1-month period. The 3-month return on GTIP is -0.028%. This is the percent change in the value of GTIP over the most recent 3-month period.

The standard deviation of GTIP for the past year is 0.0782%. 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 GTIP include IVOL, RINF, and VTIP.

ETFs correlated to GTIP include TIP, SCHP, and DFIP.

ETFs that are inversely correlated to GTIP include TBX, PST, and TTT.

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.