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About Goldman Sachs Future Tech Leaders Equity ETF
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Inception date
Sep 14, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Goldman Sachs Asset Management LP
Distributor
ALPS Distributors, Inc.
ISIN
US38149W8120
GTEK uses an active, bottom-up approach to build a high-conviction portfolio of potential next generation tech leaders. These are firms at various growth stages that are developing disruptive or emerging technologies. Since the fund focuses on growth potential, it notably excludes mega-cap tech companies that dominate the industry and only invests in globally-listed firms with less than $100 billion market-cap. While GTEK concentrates its investments in the information technology sector, it may also include tech-enabled firms in communication services, internet & direct marketing retail, and healthcare. To select securities, the fund adviser uses fundamental metrics to screen for quality and growth such as those indicating sustainable free cash flow generation. The fund also considers company valuation and may integrate ESG factors in the selection process.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks98.47%
Technology Services42.13%
Electronic Technology36.24%
Producer Manufacturing7.79%
Commercial Services3.70%
Transportation3.16%
Consumer Services1.51%
Retail Trade1.37%
Health Technology1.30%
Communications1.09%
Miscellaneous0.18%
Bonds, Cash & Other1.53%
Mutual fund1.53%
Stock breakdown by region
North America49.93%
Asia40.95%
Europe6.68%
Latin America1.39%
Middle East1.05%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GTEK invests in stocks. The fund's major sectors are Technology Services, with 42.13% stocks, and Electronic Technology, with 36.24% of the basket. The assets are mostly located in the North America region.
GTEK top holdings are SK hynix Inc. and Cadence Design Systems, Inc., occupying 3.79% and 3.48% of the portfolio correspondingly.
GTEK last dividends amounted to 0.07 USD. The year before, the issuer paid 0.00 USD in dividends, which shows a 97.64% increase.
GTEK assets under management is 182.83 M USD. It's risen 7.30% over the last month.
GTEK fund flows account for −26.54 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
GTEK shares are issued by The Goldman Sachs Group, Inc. under the brand Goldman Sachs. The ETF was launched on Sep 14, 2021, and its management style is Active.
GTEK expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
GTEK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GTEK invests in stocks.
GTEK price has risen by 9.12% over the last month, and its yearly performance shows a 33.55% increase. See more dynamics on GTEK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.53% over the last month, showed a 11.94% increase in three-month performance and has increased by 32.33% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.53% over the last month, showed a 11.94% increase in three-month performance and has increased by 32.33% in a year.
GTEK trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.